low borrowing costs

South Korea’s Lotte Chemical Corp. has reached a preliminary agreement with Copenhagen Infrastructure Partners (CIP) to purchase and sell blue...

Competition in South Korea’s coffee market is intensifying with the rise of fast-growing local brands such as Mega Coffee and Compose Coffee, ...

Trapped in a downward spiral, South Korea saw the country’s total fertility rate hit a new record low of 0.72, also again the world’s lo...

More than 60% of South Korean women from their mid-20s to their mid-40s who are currently working have no plan to have children although nearly all ...

Hyundai Motor Group, the world’s No. 3 automaker, started a test operation of the first dedicated electric vehicle factory in South Korea to a...

South Korea’s large business groups are in emergency mode to brace for proxy fights with activist funds at annual general meetings (AGMs) next...

Hyundai Glovis Co. and Korea Ocean Business Corporation (KOBC) announced on Monday that they will sign a business agreement on Feb. 6. related to ...

Lexus ranked tops in a customer satisfaction survey of imported-car drivers in South Korea, which also found positive responses to the online purcha...

Samsung C&T Corp.'s construction unit and Hyundai Engineering & Construction Co. stood out with increased profits last year on overseas proj...

South Korea’s headline inflation dropped for a third straight month to a six-month low on declining oil prices, adding relief to the central b...

South Korea’s information and communications technology (ICT) major SK Telecom Co. has developed a new technology jointly with US tech giant I...

HD Hyundai Marine Solution Co., a ship components manufacturer, said on Thursday it has agreed to supply an artificial intelligence- and big data-ba...

South Korean battery materials manufacturer EcoPro Co. said on Thursday that it has signed a memorandum of understanding (MOU) with the US-based l...

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

POSCO International Corp. and POSCO Holdings Inc. announced on Wednesday that they signed a strategic collaboration agreement (SCA) with the Abu Dha...

South Korean cosmetics giant Amorepacific Group's stock closed at 3,400 won ($2.6) on Wednesday, down 12.1% after the group announced disappointing ...

South Korean convenience store chains are accelerating exports of food products under their private brands as the domestic market competition is int...

The South Korean battery industry is bracing for a grim market this year as Tesla Inc. is seeking every possible means to reduce costs to combat&nbs...

South Korea’s top container line HMM Co. said on Wednesday that it held a naming ceremony for HMM Garnet, a 13,000 twenty-foot equivalent unit...

Sodium-ion batteries (SIBs), fast emerging as the next-generation battery cells, will be up to 24% cheaper than the most affordable lithium-based ba...

South Korean food company Daesang Corp. announced on Tuesday that it is launching the integrated brand "Sweevero" for alternative sweeteners like al...

Coworking space provider WeWork Inc. plans to downsize its business in South Korea, according to banking sources on Sunday. Market watchers say inve...

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...

The Red Sea crisis, disrupting the passage of ships through the Suez Canal, a central artery for global trade, is a bane for exporters looking for s...

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

Samsung Electronics Co. will release the Galaxy Book3 Go 5G laptop, which supports 5G networks on Jan. 2. Next year.The device features a 14-inch LC...

HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, is building an integrated equipment manufacturing platform for its two const...

Yen deposits at South Korean banks grew by the largest-ever monthly amount in November to a record $9.92 billion, central bank data show, as investo...

South Korea’s direct investment in other countries fell for a fourth straight quarter to its smallest level in two and a half years, despite a...

HL Mando Corp., an electric vehicle and self-driving system developing unit of South Korea’s HL Group, will test-drive its nearly fully self-d...