News

DN Solutions Co., the world’s third-largest machine tool maker, has kicked off the process of going public on the Korea Exchange, in an initial public of ...
South Korea’s Hyundai Rotem Co. said on Wednesday it has won a 2.2 trillion won ($1.5 billion) train order from Morocco, the biggest single deal for its ...
One in five South Koreans is now 65 years old or older as the Asian country grapples with the demographic challenge of a rapidly aging population and the world’s lowest birthrate. The Ministry of the ...
LG Display Co. has put its liquid crystal display (LCD) panel plant in Guangzhou, China up for sale as the South Korean display panel maker plans to pull out of the LCD business. LG Display is selling ...
Hyundai Motor Group, the world’s third-largest automaker, plans to unveil 42 new models, including hybrids of existing cars, next year to cope with the t ...
The top five imported car brands in South Korea underwent a major shake-up last year. BMW overtook Mercedes-Benz in sales for the first time in a decade, claim ...
South Korea’s top automaker Hyundai Motor Co. said on Friday it has entered into a multi-year strategic partnership with Waymo LLC to jointly develop a Level 4 autonomous vehicle based on Hyundai’s ...
South Korea’s instant noodle giant Nongshim Co. will build a local plant dedicated to producing ramen — or ramyun, as the company spells it — ...
Joseph Bae, co-president of KKR & Co., was named as its co-chief executive officer this week, becoming the second Korean descendent CEO to lead a global private equity giant after the Carlyle Group's ...
Wages at South Korean companies, both large and small, have surpassed those of their Japanese counterparts. According to a report on wage comparisons between South Korea and Japan published by the ...
BEIJING – China will likely lift its ban on Hallyu, or Korean popular culture in the country, as early as May, moving away from its “wolf warrior” stance, which emphasizes aggressive rhetoric toward ...
NPS initiates strategic currency hedging to unleash up to $48.2 billion The state-run fund will tap into the $65 billion forex swap line with the BOK to help stabilize the local foreign exchange ...