long term growth

Lotte Group is set to sell the automated teller machine (ATM) business of Korea Seven Co., the operator of convenience store chain 7-Eleven in South...

Cleared of wrongdoing charges that shackled his leadership for years, Samsung Group leader Jay Y. Lee now will actively seek mergers and acquisition...

Global real estate will be the least-chosen asset class for South Korean institutional investors this year, according to a recent survey. Despite curr...

South Korea's Fashion Group Hyungji reported on Tuesday a preliminary 30 billion won ($22.5 million) in earnings for 2023, a staggering 145% jump fr...

South Korean financial group chiefs will no longer enjoy automatic term extensions as the government is stepping up pressure on the groups to improv...

World Bank President Ajay Banga said on Thursday that South Korea needs to boost population growth by easing the fierce competition in education and...

The Korea Financial Investment Association (KOFIA) will go all out to minimize any adverse effects on the South Korean financial market from an anti...

South Korea’s leading online platforms and gaming publishers such as Naver Corp., Com2uS Corp. and Kakao Corp. have joined global Big Tech com...

South Korea’s LG Chem Ltd., the parent of the world’s second-largest electric vehicle battery maker LG Energy Solution Ltd., expects up ...

DAVOS, Switzerland -- Hyosung Group, a South Korean textile-to-chemicals conglomerate, plans to expand its tire cord business to India, the world's ...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, picked information tech, electric and electronic s...

South Korea's Tata Daewoo Commercial Vehicle Company (TDCV) achieved remarkable success last year by exporting 40% of its total sales, despite the g...

In a significant achievement for South Korea, Cho Sung-hwan, an advisor to Hyundai Mobis, has been elected as the first Korean president of the Inte...

The size of the South Korean mobile app market has exceeded 10 trillion won ($761 million).Data.ai, an app market analysis platform, released the 20...

Boryung Corp., a South Korean healthcare investment company, said on Thursday it has officially launched a joint venture with Axiom Space, a US comm...

Yen-denominated deposits in South Korea slid for the first time in eight months as local investors took profits from the recent gains in the major c...

South Korea's low-cost carriers (LCCs) are enjoying a surge in demand as the country emerges from the COVID-19 pandemic, while major carriers are st...

LG Electronics Inc. on Monday posted record-high 2023 revenue thanks to robust sales of home appliances and vehicle components, although its fourth-...

South Korea’s Inventage Lab Inc. announced on Friday that it has signed a joint development agreement with Yuhan Corp. for a long-acting inj...

LG Display Co., the world’s leading manufacturer of organic light-emitting diode (OLED) panels, will raise 650 billion won ($494 million) by t...

CHANGWON, South Gyeongsang Province – Hanwha Group, South Korea’s chemicals-to-defense conglomerate, is set to double its local gas turb...

South Korea’s two chip giants Samsung Electronics Co. and SK Hynix Inc. are expected to further deepen ties with rivals and customers from aro...

The state-run Korea Development Bank (KDB) announced on Friday that it has established the KDB-Quantum Mobility Value Chain Open Innovation Fund wor...

South Korea’s consumer prices rose 3.6% this year, driven by the biggest jump in utility bills since 2010 and high inflation in agricultural p...

South Korea’s major game developers NCSOFT Corp., Nexon Co. and Netmarble Corp. plan to roll out new games for overseas players next year in a...

South Korea’s LG Electronics Inc. is highly recognized for its TV sound systems in the US, the world’s largest home appliance market. Ea...

The Hyundai Seoul, South Korea's largest department store in Yoido, on December 21 opened a Louis Vuitton women's store, marking a significant addit...

The number of foreign employees in South Korea reached an all-time high this year, with the Vietnamese leading the pack, amid rising minimum wages a...

South Korea’s top automaker Hyundai Motor Co. and the United Arab Emirates’ sovereign wealth fund Mubadala Investment Co. have agreed to...

South Korea's agricultural and food exports hit a record high in 2023, fueled by strong demand for instant noodles, strawberries, and other staples....