slow growth

South Korea’s web portal giant Naver Corp. on Friday posted record sales and operating profit in the third quarter, driven by robust sales gro...

South Korea’s Hyundai Motor Group saw the combined operating profit of its 11 affiliates more than double in the third quarter as Chairman Chu...

Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, will invest 500 billion won ($370 million) for four years u...

HO CHI MINH CITY – South Korean garment maker Hansae Co. expects to see decent growth in sales and profits next year despite the global clothi...

South Korea’s economy in the third quarter grew 0.6% from the previous quarter, extending a growth streak to three consecutive quarters on a r...

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to manufacture cheaper EV batteries such as lithium ...

LG Display Co. said on Wednesday it will likely turn a profit in the fourth quarter of this year, snapping its losing streak of the past six quarter...

South Korea is welcoming a growing number of Chinese tourists since China lifted a ban on group tours to its neighboring country on Aug. 10 after mo...

Fast food chain KFC said on Friday it will begin franchise store operations in South Korea next year, when the company will mark 40 years of busines...

Kia Corp., South Korea’s No. 2 automaker, showcased new low-cost electric vehicles on Thursday to boost the slowing growth in clean automobile...

Jay Y. Lee, executive chairman of Samsung Electronics Co., has made his second visit in 10 months to the operations of South Korea’s most powe...

Samsung Electronics Co., the world’s top smartphone maker, is set to unveil a cloud gaming service for mobile devices as it seeks new profit s...

Samsung Electronics Co., the world’s top memory chip and smartphone maker, has tapped more alumni from US Big Tech companies such as Google, A...

The net zero emission target by 2050 is forecast to lower South Korea’s economic growth rate by an average of 0.6 percentage point per year ...

South Korea’s No. 1 agricultural machinery maker Daedong Corp., better known by the brand name Kioti in the US, is targeting the growing hobby...

South Korean stocks, bonds and its currency tumbled on Thursday as the US Federal Reserve gave indications of another interest rate hike this year a...

Shinyoung Asset Management Co. has joined hands with Baillie Gifford & Co., a UK investment management firm, to launch a long-term growth stock ...

BEIJING – Kakao Pay Corp., the mobile payment service unit of South Korean tech giant Kakao Corp., is rapidly growing in China’s fintech...

Come Friday, Samsung Electronics Co., the world’s largest memory chipmaker, will mark its first anniversary of publicly announcing its enterpr...

South Korea’s top automaker Hyundai Motor Co. retained its leadership in the hydrogen fuel cell electric vehicle (FCEV) market in the January-...

Kia Corp., South Korea’s No. 2 automaker, is struggling to sell its flagship large all-electric sport utility vehicle EV9 at home as high pric...

LG Group, South Korea’s fourth-largest business group, is actively embracing collaboration with outside innovators to foster its new growth dr...

South Korea’s top supermarket chain E-Mart Inc. launched its fourth hypermarket in Ulaanbaatar on Thursday with a stronger push for Korean bra...

MUNICH, GERMANY – Hyundai Mobis Co., an auto part-making unit of Hyundai Motor Group, is targeting average annual sales growth of 30% in Europ...

Global fashion and luxury goods brands are opening directly managed stores in South Korea, one of their growth markets, ending their decades-long re...

South Korea’s leading asset manager Mirae Asset Financial Group aims to enhance its presence in India by acquiring Sharekhan, the Southeast As...

South Korea’s factory output contracted at the fastest rate in six months last month on subdued global demand especially from China, while its...

Hyundai Motor Group will develop ultra-fast electric vehicle chargers with its proprietary technology to catch up to the world’s No. 1 EV make...

South Korea’s central bank chief on Thursday vowed to reduce household debt without causing a severe economic downturn as the Bank of Korea he...

Naver Corp., the South Korean online platform giant, has finally debuted its upgraded large language model (LLM) HyperCLOVA X, its new pillar busine...