governance restructuring

South Korea is seeking to revoke an international tribunal’s ruling in April that its government must pay US-based Mason Capital Management LL...

South Korea’s No. 2 petrochemicals manufacturer Lotte Chemical Corp. is set to more than halve its basic chemicals business by 2030 in its por...

South Korea’s headline inflation stayed in the 2% range for the third straight month in June after its slowest rate of increase in 11 months, ...

SK Group, South Korea’s second-largest business group in terms of total assets, has asked the country’s state-run Korea Development Bank...

South Korea's HD Hyundai Infracore Co. announced on Thursday that it has recently secured an order for 39 large excavators under its Develon brand f...

South Korea’s food prices were found to be the highest among the Organization for Economic Cooperation and Development (OECD) countries last y...

Doosan Bobcat Inc., a major compact construction machinery and equipment maker under South Korean conglomerate Doosan Group, will buy back its forme...

South Korea is seeking to introduce corporate pension plans to all workplaces in stages starting next year, alongside mandatory contributions to the...

Coworking space operator WeWork Inc. is slated to shut down a major office in Seoul, once one of the largest WeWork offices in Asia, in September ...

South Korea plans to build as many as three new nuclear power plants by 2038 and put into operation at least one small modular reactor (SMR) by 2035...

South Korea’s second-largest conglomerate SK Group has embarked on a reshuffling process to focus on core units such as semiconductors and bat...

The heyday of South Korea’s golf apparel market seems to be over with the end of the COVID-19 pandemic. Millennials and Generation Z, who had ...

ASAN, South Chungcheong Province – At Hyundai Motor Co.'s manufacturing plant in Asan, over 60 km south of Seoul, thousands of robots were bus...

South Korea, home to the world’s two largest memory chipmakers Samsung Electronics Co. and SK Hynix Inc., has unveiled a record 26 trillion wo...

A corporate governance committee of South Korea’s National Pension Service (NPS), the world's third-largest pension fund, has named a Seoul Na...

The Korea Chamber of Commerce and Industry (KCCI) partnered with the Korean American Chamber of Commerce of Los Angeles (KACCLA)  to address th...

South Koreans parked a record 350 trillion won ($259 billion) in cash-equivalents such as money market funds (MMFs) as they failed to find investmen...

LY Corp., the operator of Japan’s popular messenger app Line, is expected not to propose Naver Corp.’s stake sale in its largest stakeho...

The South Korean government said on Monday it will resolutely respond to any “unfair” measures by Tokyo against Naver Corp., which is re...

South Korea's Celltrion Inc. announced on Thursday that it secured a contract to supply its biosimilars for autoimmune disease treatment and antican...

South Korea's integrated IT solution consulting company Etech System attracted an investment of 180 billion won ($130 million) from private equity f...

South Korea’s HD Hyundai Heavy Industries Co. announced on Wednesday that it has recently signed a memorandum of understanding (MOU) for desig...

Belt-tightening Taeyoung Engineering & Construction Co. (Taeyoung E&C), the 16th-largest construction company in South Korea and undergoing ...

South Korea's Celltrion Inc. announced on Thursday that it released its autoimmune disease treatment Remsima SC (infliximab) in Denmark. Remsima SC ...

First, it was groceries. Then came fried chicken and hamburgers. Now, it’s seasoned seaweed products, chocolate and ice creams.As in other cou...

South Korea will provide more than 7 trillion won ($5 billion) in insurance this year for domestic defense companies' exports as the country aims to...

South Korea's Kakao Entertainment Corp., a unit of mobile platform giant Kakao Corp., is seeking renewed growth through corporate restructuring and ...

The South Korean government has launched an artificial intelligence strategy council, jointly with domestic big tech firms such as Naver Corp. and K...

When IMM Private Equity Inc. acquired a 16.68% stake in South Korea’s top travel agency Hanatour Service Inc. for 128.9 billion won ($95.7 mil...

Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, is spinning off its non-core units to focus on defense and aerospace b...