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The Korea Fair Trade Commission (KFTC) has put the brakes on what it calls unfair business practices whereby Chanel, Hermes and Nike ban customers f...

South Korea’s video game team T1 led by local hero and professional player Lee “Faker” Sang-hyeok won the 2023 League of Legends W...

Kia Corp. unveils the new K5, a facelift model of its signature midsize sedan K5. This car is the revamped of third-generation K5, launched in 2019....

South Korea plans to put its first lunar lander on the moon by 2032.  In a meeting of the National R&D Project Evaluation Advisory Commit...

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery manufacturer, is set to launch a new residential energy storage s...

South Korea’s medium-sized business group Taeyoung Group said on Wednesday it is near to selling its cash cow logistics unit to shore up its f...

Brookfield Asset Management is seeking to sell off five-star hotel Conrad Seoul at more than 500 billion won ($369.5 million), tapping real estate i...

South Korea’s Mirae Asset Global Investments Co. is seeking to sell off HI Investment & Securities Co. headquarters, the value of which is...

Mirae Asset Securities Co. is seeking to sell off its Seoul-based office building, the value of which is estimated at around 300 billion won ($223.7...

South Korean institutional investors, including SK Group and National Pension Service (NPS), are likely to only recover their principal without prof...

LG Electronics Inc. has slashed raw material and transportation costs by 2.12 trillion won ($1.6 billion) in the first half thanks to a stable sup...

C&R Research Inc., South Korea’s top contract research organization (CRO), plans to establish units in the US and Thailand this year while...

Hanwha Group, South Korea’s chemicals-to-defense conglomerate, has put its non-core financial unit Hanwha Savings Bank up for sale, in a move ...

The privatization of South Korea’s No. 1 sea flag carrier HMM Co. has gained traction after an official announcement of its stake sale. But th...

Ilooda, a South Korean medical aesthetic devices maker valued at around 200 billion won ($158 million), is likely to sell its management rights to U...

Lee Soo-man, founder and former executive producer of South Korea's SM Entertainment Co., has reportedly made a huge investment in the Chinese self-...

Blackstone Inc. has embarked on the process of selling South Korea’s largest medicine wholesaler Geo-Young Corp., a deal estimated at up to $1...

South Korea’s Celltrion Inc. has put its Japanese Takeda Pharmaceutical Co.'s primary care assets acquired in 2020 on sale as the biosimilar g...

Major South Korean e-commerce companies’ deficits have mounted to a level near their combined funds raised from investors, stoking fears that ...

Louis Vuitton will create jobs for South Korean women coming back from career breaks, a rare move for a global high-end brand in the fast-growing lu...

North Asia-focused private equity firm MBK Partners has put Golfzon County Co., the biggest golf course operator in South Korea, on sale at an estim...

South Korea’s cosmetics giant Amorepacific Corp. will officially launch its customized makeup brand "Tonework" on Tuesday.Tonework precisely...

Han Jong-hee, Samsung Electronics Co.'s vice chairman, has been in charge of the South Korean tech giant’s digital experience or DX division, ...

Hanatour Service Inc., South Korea’s top travel agency, enjoyed its first quarterly profit in more than three years as it focused on high-end ...

South Korean institutional investors are eyeing private debt and infrastructure for stable income and to hedge against inflation, a survey by The Kore...

South Korea’s second-largest financial institution KB Financial Group will launch a 250 billion won ($193 million) fund to invest in startups ...

The most sought-after luxury items such as Rolex watches and Chanel bags are selling at a much lower premium, or even below their original prices in...

Biorchestra Co., a South Korean company specializing in RNA-based therapeutics, announced on Tuesday that it has entered into a joint research and o...

Hublot, a Swiss watchmaker under global luxury giant LVMH Moët Hennessy Louis Vuitton, has taken over South Korean ceramic manufacturer Ecco Wa...

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday it is investing 7.2 trillion won ($5.6 billion) to build a b...