low borrowing costs

The South Korean won skidded to a near two-month low on Friday as hotter-than-forecast US inflation data added to expectations that the Federal Rese...

South Korea’s Hyundai Motor Group is considering dropping the word “Hyundai” from the names of its subsidiaries such as auto parts...

South Korea added the smallest number of payrolls in nearly two years in January, with mainly part-time jobs taken by people in their 60s and older,...

Hyundai Steel has joined hands with the construction industry to increase the recycling of steel byproducts.On Tuesday, the steel maker organized a ...

The Seoul Metropolitan Government is pursuing a "fusion Hanok" project of building 10 Hanok (traditional Korean architecture) villages in the capita...

South Korea's top steelmaker POSCO has launched a project in Australia to produce hot briquetted iron (HBI), an essential raw material for the adopt...

SK Telecom Co. on Thursday said it developed the world's first reconfigurable intelligent surface (RIS) technology that transmits 6G candidate frequ...

KT DS, an IT service arm of South Korea's KT Group, said on Thursday that its Internet-of-Things (IoT) solution Smart-X has passed the oneM2M certif...

South Korea's low-cost carriers (LCC) Jeju Air Co. and Jin Air in the fourth quarter last year each earned operating profit for the first time since...

South Korea’s headline inflation accelerated 5.2% year on year in January, reversing its course of slowing in the past two months due to gains...

South Korea's transportation company Kakao Mobility on Monday said it concluded a "delivery service business agreement for joint development of the ...

South Korea's low-cost carrier T'way Air Co. said on Monday that it has completed the IATA Operational Safety Audit (IOSA) recertification from the ...

Samsung Electronics Co. on Monday said it set up a life cycle assessment (LCA) methodology for semiconductors to achieve carbon neutrality by 2050.T...

South Korea's drug developer JW Pharmaceutical is expanding the scope of its artificial intelligence (AI) uses from new drug research to the develop...

Last year, per-person annual rice consumption in South Korea fell by half from 30 years ago, marking a record low.According to the results of the 20...

South Korea's top mobile carrier SK Telecom Co. and Doosan Robotics Inc. have jointly launched an artificial intelligence-powered barista, SK Group'...

The economic outlook by companies is worsening given lingering global uncertainty, with the business outlook for February at its lowest level in two...

Global smartphone shipments last year declined to their lowest level in 10 years, showing how consumers closed their wallets amid the economic downt...

Jeju Air Co. took first place with an 18.2% share of domestic routes in 2022 for the third straight year from 2020.The airline said on Monday that...

South Korean private equity firm VIG Partners has acquired a 100% stake in low-cost carrier (LCC) Eastar Jet Co., the asset manager said on Jan. 6. ...

Fly Gangwon, a low-cost carrier based at Yangyang International Airport in Gangwon Province, South Korea, is in serious financial trouble. As its fi...

Air Busan Co. began operating its first new flight route this year between Busan and Clark, the Philippines, and started a new leap forward in earne...

Toughened COVID-19 testing requirements on Chinese travelers will likely dent hopes for South Korea's low-cost airlines to recover from three years ...

Samsung Electronics Co. topped the list of stocks expected to outperform the South Korean stock market in 2023 on the prospect of a rebound in the m...

Woori Financial Group said on Thursday it has earned an AA rating for the second consecutive year in the global ESG rating announced by Morgan Stanl...

T'way Air Co. launched a new flight route linking Incheon with Sydney, Australia, embarking into the long-haul flight sector.T'way said on Sunday ...

Amid the tightening of the Federal Reserve, among the most impacted asset classes were agency mortgage-backed securities (MBS), issued by US governm...

T’way Air Co. said on Tuesday that it would start running the Pokemon-wrapped airplane "Pikachu Jet TW" from the end of this month and release...

Air Busan Co. recently expanded the number of flights on its Japan routes and continues to resume flights on its Southeast Asian routes. It will now...

South Korean airlines launched extensive marketing activities such as increasing international flights and giving free tickets in preparation for mo...