performance 2023

The Incheon Free Economic Zone (IFEZ) Authority said on Monday that it attracted $309.6 million in reported foreign direct investment (FDI) in the f...

Hanwha Ocean Co., a leading South Korean warship builder, has developed and tested an advanced stealth paint designed for the country’s KDDX n...

LG Chem Ltd. is set to become the first South Korean company to mass-produce precursor-free cathode materials, designed for high- and mid-nickel bat...

Blackstone and HarbourVest Partners are South Korean institutional investors’ preferred private equity firms, according to a survey by Korea I...

Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, ended last year with profit for the second straight year thanks to t...

Hyundai Motor Co. has tapped Suyi Kim, former private equity head of the Canada Pension Plan Investment Board (CPPIB) and Benjamin Tan, an ex-portfo...

EQT, the largest private equity firm in Europe, is setting its sights on healthcare, technology companies and business service providers in South Ko...

South Korea’s KT Corp. is set to sell Initech Co., its Kosdaq-listed financial security unit, for 85 billion won ($59.1 million) as the leadin...

In South Korea, businesses handling livestock by-products have lacked investor appeal. They were usually mom-and-pop businesses and appeared to hold...

South Korea's The Pinkfong Company, popularly known for its "Baby Shark" character, said on Friday that "Baby Shark’s Big Movie" received thre...

Korea Electric Power Corp. (KEPCO), the state-run utility company, expects to post its highest-ever overseas business performance this year, thanks ...

Hyundai Motor Co.'s premium brand Genesis on Wednesday launched a racing team and unveiled a motorsports prototype to raise its presence in the glob...

South Korea’s export growth fell to a 14-month low in November with shipments to the world’s two biggest markets the US and China down, ...

LS Electric Co., a South Korean industrial energy facility and systems supplier, is expected to sign a 500 billion won ($358 million) deal with a GE...

Gaon Cable Co. said on Tuesday it has taken over the US arm of parent company LS Cable & System Ltd. to beef up its business of mid-to-low volta...

LG Electronics Inc., the leading global home appliance maker, is considering expanding its subscription service into new overseas markets, such as I...

Global sportswear makers have stepped up competition in South Korea to take advantage of the country’s growing running craze with major brands...

South Korean-owned sportswear brand Fila said on Tuesday it scaled back its loss-making US business to improve earnings through a restructuring in N...

South Korean investors are hoarding cash as Samsung Electronics Co., the world’s top memory chipmaker, hurts local stocks and uncertainties ov...

Global credit rating agency Standard & Poor's (S&P) announced on Friday that it upgraded SK Innovation Co.'s long-term credit rating from a ...

Hanwha Asset Management Co., a financial service sibling of South Korea’s major defense and aerospace developer Hanwha Aerospace Co., is seeki...

South Korea’s exports, the country’s main growth driver, fell 2.9% in the first 20 days of October amid falling demand for vehicles and ...

LG Electronics Inc. said on Wednesday that it was named Lowe's 2024 Vendor Partners of the Year. Lowe's operates over 1,700 home improvement store...

South Korea will be included in a global major bond index next year to attract an estimated $66 billion in capital inflows to Asia’s fourth-la...

Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Wednesday that it sold a 142-megawatt solar pow...

South Korea’s Hyundai Motor Co. and its sister firm Kia Corp. saw their US sales decline last month due to fewer selling days and weak market ...

Hyundai Motor has achieved the 100 million-unit milestone for its accumulated production 57 years after its inception, led by the Avante compact sed...

Korea Investment & Securities lowered the target price of Samsung Electro-Mechanics by 14.3% on Sunday, citing weaker-than-expected third-q...

K-Pop boy band Stray Kids will perform at the American Music Awards, a major music awards show in the United States.The American Music Awards announ...

LG Electronics Inc. said on Tuesday it launched a Global Heat Pump Consortium to strengthen cooperation on heating, ventilation, and air condition...