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 ...

Global buyout firms have swept up most of South Korea’s large-scale mergers and acquisitions this year, filling the vacuum left by domestic private equity groups reeling from political and public ...

Global ice cream chain Baskin-Robbins, the top ice cream seller in South Korea, is solidifying its market position with localization despite the country’s shrinking frozen desserts market. The ice ...

South Korea’s first alternative stock exchange Nextrade (NXT) started trading on Tuesday, challenging the Korea Exchange’s (KRX) long-standing monopoly. The new exchange, designed to introduce ...

MBK Partners, a North Asia-focused private equity firm, has completed the second closing of its sixth buyout fund at $5 billion, on course to reach its target of $7 billion at the final close. On ...

Elice Inc., a South Korean startup offering an all-in-one digital learning platform for teachers and corporations, will transform into an artificial intelligence company with 20 billion won ($14.9 ...

South Korea's Doosan Enerbility Co. said on Thursday it signed a contract with TerraPower to supply the equipments for small modular reactor (SMR). TerraPower will assess the feasibility of ...

Samsung E&A Co., the construction and engineering unit of South Korea’s top conglomerate Samsung Group, said on Wednesday it has clinched a $955 million deal to build a biorefinery plant in Malaysia.

Hyundai Motor Co. has been named South Korea’s top-performing company in Time magazine’s annual ranking of the World’s Best Companies this year, climbing to 33rd place worldwide, a dramatic 159-spot ...

POSCO Future M Co., South Korea’s leading battery materials maker, has bagged a 671 billion won ($470 million) deal to supply anodes to a US automaker, its largest such deal to date, as global ...

South Korea’s foreign exchange authorities delivered their first verbal intervention in one and a half years on Monday, responding to a sharp decline in the won, as escalating trade tensions between ...

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, have agreed to strengthen collaboration with OpenAI Inc., positioning themselves at the center of a $500 billion ...