SK Group, South Korea’s second-largest business group in terms of total assets, has asked the country’s state-run Korea Development Bank for more funding as it is set to streamline its business to ...

The Pinkfong Company Inc., the creator of the billion-view video Baby Shark, has launched the process of an initial public offering on South Korea’s junior stock market Kosdaq as it rebounds from its ...

Hyundai Motor Co. will double its hybrid vehicle lineup to 14 models and develop longer-range electric vehicles to overcome a prolonged slowdown or even a chasm in EV demand, said its Chief Executive ...

In a pivotal shift for the North American electric vehicle battery landscape, South Korea’s two leading battery makers – LG Energy Solution Ltd. and Samsung SDI Co. – plan to install lithium iron ...

China’s electric vehicle giant BYD Co. will debut in the South Korean passenger car market next year with premium models in hopes of becoming the first Chinese car brand to steal Korean consumers’ ...

South Korea’s seven major defense companies saw their combined order backlog reach a record 105.6 trillion won ($73.1 billion) at the end of 2024, powered by the steady growth of weapons exports. The ...

LG Electronics Inc. posted its largest-ever sales in India in 2024, providing a boost to the planned initial public offering of its Indian unit this year. Revenue at its Indian operations jumped 14.8% ...

The Chinese government has warned South Korean companies of retributions for exporting any product containing its critical metals to US military contractors, a move expected to take a toll on the ...

South Korea’s two leading drugmakers, Celltrion Inc. and Samsung Bioepis Co., have achieved a significant milestone in the European biosimilar market, capturing over 50% market share in the six ...

The South Korean won is expected to stage a rebound from its two-year low against the US dollar and hold steady in 2025 after the impeachment of South Korea’s President Yoon Suk Yeol in a ...

South Korean chipmaker Magnachip Semiconductor Corp. is on the market again four years after the US blocked a takeover by a Chinese private equity firm, people familiar with the matter said on Sunday.

Until recently, it was not unusual to see people waiting in a long line in front of foreign haute couture brands’ stores early in the morning in South Korea, but that is not an ordinary scene anymore ...