South Korea is expected to drop to 13th place in GDP rankings this year, overtaken by Spain.According to the International Monetary Fund’s (IMF) “World Economi ...

Samsung Electronics and LG Electronics are ramping up their efforts to expand the distribution of OLED TVs as a strategic response to the rapid market share ga ...

Hanwha Life announced today on June 30 that it has secured a major shareholder position, including management rights, by investing in a 40% stake in Nobu Bank ...

The Bank of Korea announced on June 29 a significant policy shift by lifting investment restrictions on “Kimchi Bonds,” marking a pivotal change in South Korea ...

Discussions emerged on June 29 within the petrochemical industry about a potential mega deal to integrate Naphtha Cracking Center (NCC) operations at the Daesa ...

The Bank of Korea’s ambitious Central Bank Digital Currency (CBDC) project, known as ‘Project Han River,’ has been temporarily halted just before entering its ...

Samyang Foods has reached a significant milestone, with its market capitalization surpassing 10 trillion won (approximately $7.1 billion) for the first time, d ...

Hyundai and Kia have achieved a significant milestone in the U.S. automotive market, surpassing an 11% market share for the first time this year. From January ...

Hyundai Engineering & Construction (Hyundai E&C) is making significant strides in establishing a strategic foundation for entry into the U.S. nuclear power mar ...

Hanwha Group has lost its management control over the Norwegian solar silicon manufacturing company REC Silicon ASA. This development follows a U.S. court’s de ...

Industry sources revealed on June 29 that while preparations for mass production of Compute Express Link (CXL) memory are technically complete, the lack of dem ...

Executives of Oriental Brewery (OB) have been indicted en masse for their direct and indirect involvement in evading customs duties worth approximately 16.5 bi ...