strong dollar

South Korea's Naver Corp. is expanding its footprint into the over-the-top (OTT) media service market by acquiring a stake in CJ ENM Co.'s OTT platf...

Luxury brands are hiking up prices in South Korea. Designers such as Hermes, Louis Vuitton and Chanel have increased their prices in Korea this year...

SK Innovation Co., a major South Korean oil refiner and battery maker, has returned to an operating profit in the first quarter, boosted by gains in...

Kumho Petrochemical Co. has again stunned the market by reporting its highest-ever quarterly revenue and profit figures in the first quarter of this...

South Korea’s top online portal Naver Corp. has successfully issued its first foreign currency bonds worth $500 million amid strong demand as ...

SK Bioscience Co., a spin-off from the vaccine division of SK Chemicals, posted a strong debut on Kospi on Mar. 18, closing at 169,000 won a share, ...

Hyundai Motor Co. and sister firm Kia Corp. posted strong January sales in the US, where the South Korean companies are working to refine their prof...

POSCO, the world’s fifth-largest steelmaker, is set to return to a strong performance this year following a lackluster 2020 hit by the fallout...

South Korea’s game market size is projected to exceed 18 trillion won ($16.6 billion) this year, driven by game enthusiasts who have remained ...

South Korean exporters are bracing for a tough year with their profits poised to languish, hit by the strong won, amid expectations for a rebound in...

Foreign currency deposits in South Korea have swelled to a record high in November on the back of a weaker dollar, boosting local banks' holdings to $...

The won-dollar exchange rate, which has been declining since the breakout of the COVID-19 pandemic, is falling faster since Joe Biden was elected as...

SK Hynix Inc. has vowed to triple its NAND flash memory sales within five years, buoyed by its recent acquisition of Intel Corp.’s NAND memory a...

South Korea’s per capita income is expected to continue its downward streak for the second straight year in 2020 due to the coronavirus impact, ...

Big Hit Entertainment Co., the label behind K-pop boyband sensation BTS, nearly halved its initial gains by the close of its first day of trading Oct....

Shinhan Card Co. is set to issue $300 million (about 340 billion won) worth of dollar bonds at the end of this month for overseas investors, according...

Shinhan Bank has raised A$400 million ($285 million) in five-year bonds denominated in the Australian dollar to fund lending to pandemic-hit companies...

Hyundai Capital America, the US capital arm of Hyundai Motor Group, has issued $2.5 billion worth of global bonds, the largest amount for a local comp...

South Korea’s SK Hynix Inc. plans to raise $500 million by issuing dollar-denominated bonds in October to gird itself for a protracted industry ...

South Korea’s telecom giant KT Corp. has set a record-low interest rate among privately-held Korean companies with the issue of a dollar-denomin...

South Korea’s mergers and acquisitions market is expected to gain momentum toward the end of the year, as the coronavirus pandemic pushes large ...

South Korea’s telecom giant KT Corp. plans to raise $400 million by issuing a dollar-denominated bond around the end of August, according to inv...

The South Korean won has been stuck in a range between 1,190 and 1,210 to the US dollar in the past two months, down 3% since the start of the year, d...

 Doosan Infracore Co. Ltd., a Korean machinery manufacturer, has successfully issued dollar-denominated bonds worth $300 million despit...

Big Hit Entertainment Co. Ltd., the label behind the K-pop boy band BTS and SK Biopharmaceuticals Co. Ltd. are moving ahead with their planned initial...

The National Pension Service (NPS) made an investment of the trillion-won ($860 million) level in two LNG midstream assets in North America last month...

Mirae Asset Global Investments Co. Ltd. is set to exit from an office building in Frankfurt with handsome gains, just two years after acquiring the 17...

The UK retirement property market will create investment opportunities of up to $70 billion over the next 10 years and may yield double-digit return...

South Korean asset owners are increasingly turning to non-dollar assets because the weakening US dollar erodes expected returns after currency hedging...

The National Pension Service (NPS), the world’s third-largest pension scheme, began the process of searching its new chief investment officer this wee...