waning purchasing power

HYBE Co. is seeking to sack Min Hee-jin, the chief of ADOR, its label behind globally popular girl group NewJeans, as it investigates allegations th...

South Korea’s top automaker Hyundai Motor Group said on Monday it has signed a 15-year power purchase contract with a US solar energy generati...

South Korea's Lotte Wellfood Co. announced on Friday that its thin chocolate-coated cookie sticks Pepero and no-sugar ice cream Zero entered King Po...

SPC Group’s bakery franchise Paris Baguette announced on Thursday that it opened its first store in the Philippines. The Mall of Asia bra...

South Korean tech giant Samsung Electronics Co. said on Wednesday it has developed an LPDDR5X DRAM chip that supports the industry’s fastest d...

South Korea's HD Hyundai Heavy Industries Co. announced on Wednesday that it signed a memorandum of understanding (MOU) with Scottish Enterprise and...

Renewable energy companies in South Korea are facing growing pressure to share their profits from wind or solar energy electricity generation, stirr...

MILAN, ITALY – Samsung Electronics Co. and LG Electronics Inc. are big names in the US home appliances market. The two South Korean electronic...

Cho Seok, chief executive of HD Hyundai Electric Co., is an outsider at Korea Inc.When he was named CEO of the power equipment maker in December 201...

Samsung C&T Corp., the construction and trading unit of South Korea’s Samsung Group, has clinched a 140 billion won ($103 million) deal to...

KB Kookmin Card, a credit card unit of KB Financial Group, announced on Monday that it launched the WE:SH Travel credit card that offers benefits sp...

South Korea’s National Pension Service (NPS) is seeing more and more of its former senior managers moving to top-tier domestic law firms. Ther...

Hanwha Corp., the holding company of South Korea’s chemicals-to-defense conglomerate, will hive off its wind power and offshore plant building...

South Korea’s headline inflation stayed above 3% for two straight months in March on a surge in fruit and vegetable prices coupled with higher...

Foreign investors gobbled up a record 15.8 trillion won ($11.7 billion) worth of stocks listed in South Korea during the first three months of this ...

South Korea's Taihan Cable & Solution Co. announced on Friday that it secured a project of 110 billion won ($81.5 million) to replace aging po...

South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) joined hands with German chipmaker Infineon ...

South Korea’s major power plant builder Doosan Enerbility Co. plans to develop aircraft engines based on its turbine technology as its new gro...

The Samsung Fire & Marine Insurance Co. headquarters building in Seoul is on the market at a valuation of more than 1 trillion won ($746 million...

South Korea’s top financial regulator said on Wednesday it will fine local major power plant builder Doosan Enerbility Co. 16.1 billion won ($...

Samsung Electronics Co., the world’s top TV manufacturer, said on Sunday it is enjoying strong demand for new TVs, especially premium ultra-la...

South Korea’s LG Uplus Corp. announced on Tuesday that it will introduce the smart customer support solution artificial intelligence (AI) Call...

Doosan Enerbility Co. said on Monday it has bagged an order worth 150 billion won ($114 million) to supply turbines and generators for two combined ...

Coupang Inc., South Korea's leading e-commerce platform, announced on Monday that it is expanding its overseas direct purchase service, "Rocket Jikg...

LG Electronics Inc. will roll out its new flagship soundbar system — powered by AI and 15-channel sound — in North America later this mo...

South Korea’s LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, announced on Sunday that it will dev...

South Korea’s food giant Daesang Corp. has retracted its bid to acquire a controlling stake in China’s leading food additives maker Heil...

BMW Korea announced on Tuesday that it unveiled the plug-in hybrid (PHEV) sedan model The New 530e in the domestic market. According to BMW Kor...

South Korea's LS Eco Energy Ltd. announced on Tuesday that its Vietnamese production subsidiary, LS-VINA, will supply 12 billion won ($8.99 million)...

Samsung Electronics Co. on Wednesday unveiled two new microSD cards boasting high performance and capacity usually found in solid-state drives (SSDs...