South Korea’s HS Hyosung Advanced Materials Corp. is seeking to sell its tire steel cord business to secure funds for its new growth ventures such as electric vehicle materials, hydrogen and ...

The drop amount, or gaming chip purchases, at South Korea’s major foreigner-only casino venues spiked to a record high of 3.42 trillion won ($2.5 billion ...

Hyundai Rotem Co., a South Korean defense system developer, will export its battle tanks to Poland in what would be the largest single export deal for the Asian country’s defense industry, valued at ...

Koreans’ craving for luxury goods fades Sales of global high-fashion brands are falling in the country; Local luxury fashion platforms face a liquidity crunch Yun-Sang Ko, Jae-Kwang Ahn and Hyun-jin ...

Lotte Chemical Corp. and HD Hyundai Co. are in talks to consolidate their naphtha cracking operations in South Korea’s Daesan petrochemical complex – marking the first significant self-initiated ...

In a move that could reshape the global memory industry’s competitive dynamics, Nvidia Corp. has chosen US chipmaker Micron Technology Inc. as its first supplier of the next-generation memory solution ...

The Bank of Korea (BOK) on Thursday cut its benchmark interest rate by a quarter percentage point to 2.5%, citing growing concerns over faltering domestic demand and rising external headwinds. The ...

Global private equity firm KKR & Co. Inc., formerly known as Kohlberg Kravis Roberts & Co., has sold a 9.5% stake in HD Hyundai Marine Solution Co. in a block trade, recouping $450 million, or 620 ...

South Korean institutional investors are increasingly interested in separately managed accounts (SMAs) that offer customized strategies, as well as exploring niche opportunities through business ...

BOK stands pat; rate cut likely within 3 months as economic growth slows Gov. Rhee warns against massive stimulus, estimating a 0.1 percentage point GDP boost from the $8.4 billion extra budget In-Soo ...

SILICON VALLEY – Google LLC is making a renewed push into the smart glasses market in partnership with South Korea’s Samsung Electronics Co. and fa ...

United Arab Emirates’ sovereign wealth fund Mubadala Investment Co. and Goldman Sachs are set to invest a combined $700 million in Kakao Mobility Corp., ...