growth forecast

When LG Electronics Inc. made a surprise move to ungracefully exit the mobile phone business, one of its mainstay businesses, two years ago, investo...

South Korea's imports of cathode materials used to make lithium ferrophosphate (LFP) batteries in the first five months of this year rose for the fi...

South Korea’s Hyundai Motor Co. has broken out of its slump in China, with its Chinese joint venture posting its first sales growth in four ye...

LG Electronics Inc., the world’s leading home appliance maker, missed quarterly profit projections due to one-time costs related to job cuts, ...

South Korea's largest trading company POSCO International revealed on Friday its strategy to establish a green hydrogen supply infrastructure with...

Samsung Electronics Co. expects to see light at the end of the tunnel with a likely turnaround of its mainstay chip business in the second half afte...

McDonald’s Corp., the world’s top fast-food restaurant operator, is set to increase the number of its locatons in South Korea by 25% to ...

LG Chem Ltd. has embarked on a process to sell its core naphtha cracking center (NCC) in South Korea, estimated at about 3 trillion won ($2.3 billio...

South Korea's top beauty chain CJ Olive Young said on Thursday that it plans to capitalize on the growing market for inner beauty, positioning it as...

South Korean beauty and cosmetics giant Amorepacific Group announced on Tuesday that it has signed a memorandum of understanding with A.S. Watson ...

More investors choose safer assets in developed regions such as the US and Western Europe today with rate hikes and liquidity tightening. But Poland-b...

More global investors are turning to the private debt market as bank loans are getting tougher under stricter lending regulations. Among a range of ...

South Korea’s exports in the first 20 days of June rose from a year earlier, seeing growth in the period for the first time since last August....

Innocean, a Hyundai Motor Group-affiliated advertising agency, has acquired the Seoul-based digital marketing company D-Plan 360 to greatly rai...

South Korea’s LG Chem Ltd. is speeding up restructuring efforts to sell or downsize uncompetitive businesses, with an aim to focus on three gr...

South Korea's leading logistics company Hyundai Glovis Co. announced on Monday that it has signed a stock purchase agreement related to the acquisit...

Lotte Shopping Co., the retail arm of South Korea's fifth-largest conglomerate Lotte Group, will tap 1 trillion won ($784.4 million) from two of the...

SEONGNAM, Gyeonggi Province -- POSCO DX Co., the IT services subsidiary of South Korea’s largest steelmaker POSCO Group, aims to enter the rob...

South Korea’s Government Employees Pension Service (GEPS) selected Apollo Global Management, Warburg Pincus and Sweden-based EQT Partners as i...

Hyundai Motor Group's open innovation investment in domestic and foreign startups in fields like mobility and artificial intelligence (AI) has excee...

South Korea plans to discuss with Japan the re-establishment of their bilateral currency swap line, said its finance minister on Thursday, as the di...

LG Electronics Inc. will seek out new business opportunities as a premium brand in Saudi Arabia for the oil-rich kingdom’s $500 billion Neom m...

Samsung Electronics Co., the world’s largest smartphone maker, will showcase new foldable smartphones in the Galaxy Z series next month for th...

Air Premia Inc., a South Korean low-cost carrier (LCC) that was established in 2017 and started flight operations last July, is gearing for fast gro...

Vice Chairman and CEO Shin Hak-cheol of South Korea's largest chemical company LG Chem Ltd. is looking for talent in Japan to lead his company's thr...

Chairman of POSCO Group Choi Jeong-woo met with Sajjan Jindal, Chairman of JSW Steel, India's largest steel conglomerate, to discuss collaboration...

Efforts by LG Innotek Co. to diversify its talent pool have borne fruit by boosting its competitive edge, under its chief executive's focus on bro...

Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, is seeking new growth drivers by hosting strategy meetings groupwide.L...

Samsung SDS Co., the information technology service unit under Samsung Group, has upgraded its digital forwarding freight service platform to bring ...

Amkor Technology Inc., the world’s No. 2 semiconductor packaging company, aims to take the sector throne by improving technology competitivene...