quake of magnitude 7.0

Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., announced on Thursday it has signed an a...

South Korea's expected inflation has hit a record low of 3.7% in 11 months in April 2023. While the consumer price index rose by 4.2% last month, wh...

South Korea averted a recession as Asia’s fourth-largest economy rebounded more than expected in the first quarter on strong private consumpti...

Lolab Co. Ltd., KT's digital logistics subsidiary, released its Brokarry 2.0 freight brokerage and transportation service, which incorporates artifi...

South Korean blockchain gaming startup Gomble announced on Monday that it has successfully secured its first institutional investment. The seed fund...

The South Korean government will spend an additional 10.5 trillion won ($7.9 billion) to shore up the country’s startups and venture capitalis...

Michael ByungJu Kim, co-founder and partner at private equity firm MBK Partners, has topped the ranking of the 50 richest South Koreans by net worth...

South Korea's confectionary giant Orion Corp. is launching its popular snack "Kkobuk Chip" in Vietnam and India. Orion announced on Monday that it h...

Krafton Inc., a leading game developer in South Korea, is establishing a joint company for a metaverse platform business with Naver Z Corp., a metav...

South Korea's state-run railway company Korea Railroad Corporation (Korail), announced on Monday that it has secured a consulting contract to manage...

Hyundai Motor Group's electric vehicle (EV) sales have exceeded 100,000 units in the first quarter of this year, driven by the strong sales of its f...

Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding intermediate holding company of South Korea's HD Hyundai Group, announced on Th...

Hanwha Solutions Corp., a South Korean petrochemical company, is partnering with domestic polyvinyl chloride (PVC) companies to promote the commerci...

Spot, a dog-like robot developed by South Korea’s top automaker Hyundai Motor-owned Boston Dynamics Inc., has joined in the country’s bi...

South Korea's system securities provider S-1 Corp. has launched a new solution that reduces the facial recognition time by 40% compared to previous ...

Korea Corporate Governance Improvement Fund (KCGI) is eyeing a controlling stake in DB HiTek Co. as the activist fund became the second-largest shar...

South Korea’s JB Financial Group Co. won a proxy battle against local activist fund Align Partners Capital Management on dividends and nominat...

South Korean leading foundry chipmaker DB HiTek’s stock price hit a near 10-month high this week as a domestic activist fund bought a stake to...

South Korean kimchi exports to the US have soared since the pandemic as local distribution channels expanded and cooking at home increased, accordin...

South Korea’s chip foundry company DB HiTek Co. is mulling about 1 trillion won ($780 million) in capital expenditures to enhance its foundry ...

With South Korea setting new lows in birth rate every year, PharmaResearch on Wednesday said it will adopt an unprecedented system of childbirth and...

Korea Western Power Co. (KOWEPO) has won its country's first project in solar power generation in Oman.The company on Tuesday announced its successf...

Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding intermediate holding company of South Korea's HD Hyundai Group, said on Monday ...

Hanwha Solutions Corp., a South Korean company focused on energy services, petrochemicals and real estate development, recently acquired a 9.73% sta...

Hyundai Asan Co. under South Korean conglomerate Hyundai Group will raise 40 billion won ($30.7 million) in its seventh share sale since it was forc...

Eastar Jet Co., a South Korean low-cost airline, will expand its fleet to 10 aircraft this year to resume flight services at home and abroad about t...

A South Korean consortium led by Hyundai Engineering & Construction Co. has embarked on building 9.26 trillion won ($7 billion) petrochemical fa...

Major affiliates of South Korea’s SK Group are recruiting a large number of female outside directors with the arrival of the season of regular...

South Korea’s gross national income (GNI) per capita dropped 7.7% on-year last year, coming in below that of its smaller rival Taiwan for the ...

Central banks of South Korea and Indonesia renewed a bilateral local currency swap arrangement to keep supporting trade and financial cooperation fo...