state-run utility

STX Corp., a South Korean general trading company, announced on Monday that it signed a memorandum of understanding (MOU) to supply the complete kno...

Korea Western Power Co. (KOWEPO) announced on Friday that it has signed a United Arab Emirates (UAE) Khazna 1.5 GW Solar Project Bid Joint Developme...

South Korea's state-run Incheon International Airport Corp. (IIAC) has signed a $3 billion deal to operate Manila's Ninoy Aquino International Airpo...

Korean Air Lines Co., South Korea’s No. 1 full-service carrier, said on Thursday it has begun construction of a $439 million aircraft engine m...

South Korea has remained muted to a new gold rush fueled by various central banks across the world gobbling up the precious metal, raising concerns ...

HD Hyundai Co. announced on Monday that it signed a business agreement with Naver Corp. for digital transformation (DX), cloud transformation, and a...

Hyundai Engineering & Construction Co. (Hyundai E&C) has welcomed two British companies to its joint bid with US energy technology company H...

South Korea’s three major electric vehicle battery makers are gearing up to invigorate the global green car market with new technologies they ...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is expected to invest up to 11 trillion won ($8.2 ...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, posted a 13.59% annualized return last year, makin...

South Korean game developer DevSisters Corp. announced on Wednesday that it has signed a publishing agreement in India for the mobile game "Cookie R...

Many economists are trumpeting weak business conditions for the coming months. But an economic slowdown isn’t all that bad for Hyundai Motor C...

Line Corporation announced on Friday that it has launched paid and free AI Assistant services within the LINE Messenger in Japan.LINE AI Assistant i...

South Korea’s power utility Korea Electric Power Corp. (KEPCO) on Friday posted its second straight quarterly profit, sharply above market for...

The South Korean stock market has been on an upward swing in recent weeks, with many partly attributing it to President Yoon Suk Yeol’s pledge...

Hyundai Motor Group, the world’s No. 3 automaker, started a test operation of the first dedicated electric vehicle factory in South Korea to a...

South Korea’s economics scholars oppose government-led countermeasures, including compensation packages, to handle mounting retail investor lo...

Hyundai Motor Co. 's premium brand Genesis announced on Friday that its Electrified G80 and Electrified GV70 earned prizes at the 2024 Canadian Ca...

South Korea has established diplomatic relations with Cuba, a close ally of North Korea, Seoul said on Wednesday. Cuba had long been the only count...

Dear Dahlia, a South Korean vegan makeup brand that operates around 300 stores across the globe, has been put on for sale for more than 100 billion ...

South Korea’s CJ Logistics announced on Wednesday that it has formed a strategic partnership with Vietnamese state-owned retail chain giant ...

A state-run company in South Korea is set to seek an investor-state dispute settlement (ISDS) worth around 1 trillion won ($747.1 million) against t...

LG Electronics Inc. announced on Monday that it has received the Artificial Intelligence Management System (ISO/IEC 42001) certification, an interna...

Kakao Corp., South Korea’s top mobile platform operator, said on Friday it has developed a multimodal large language model (MLLM) with the lat...

SK On Co., a battery affiliate of South Korea's SK Group, announced on Wednesday that it has signed a technology transfer agreement with the US-ba...

South Korea’s top automaker Hyundai Motor Co. will invest 70 billion Indian rupees ($845 million) to expand and upgrade its Indian car manufac...

South Korea's Naver Corp. announced on Friday that it has published AI Scout Report for the Asian Football Confederation (AFC) Asian Cup 2023, which...

Kia EV9, the signature large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker Kia Corp., was named “2024 Nort...

CHARLESTON, WV – LG Electronics Inc. will form a fund with the State of West Virginia to inject $700 million over the next five years to foste...

Korea Electric Power Corp. (KEPCO), South Korea’s state-owned utility company grappling with mounting losses, has secured additional funds of ...