Excess funds held by South Korean businesses hit an all-time high in the second quarter as strong semiconductor exports boosted corporate earnings, central bank data showed Wednesday. Net financial fu...

POSCO Holdings has completed the upstream process of its second brine lithium plant at the Hombre Muerto Salt Flat in Argentina, laying the groundwork for an annual production capacity of 50,000 tons ...

LG Electronics reported solid earnings growth in the third quarter, driven largely by strong performance in its home appliance and vehicle component businesses, the company said Wednesday in a regulat...

South Korea launched its homegrown Nuri rocket Wednesday on its fifth flight to place 15 satellites into orbit, including five that will form part of the country's first domestically launched microsat...

KT&G has begun full-scale operations at a new cigarette plant in Indonesia, completing a five-country global production network spanning Korea, Indonesia, Russia, Kazakhstan and Turkey. KT&G said Wedn...

The audit authority has cleared a key hurdle for six stalled public housing projects totaling nearly 4,000 units after the Korea Chamber of Commerce and Industry (KCCI) sought a preliminary consultati...

Private companies played a significantly greater role in the successful fifth launch of Korea’s Nuri rocket on Wednesday, signaling that the country’s efforts to keep pace with the global shift toward...

Hackers once had to manually test security defenses, identify vulnerabilities and work out how to exploit them. Now, artificial intelligence (AI) can do much of that work, requiring little human input...

SK Energy and HD Hyundai Oilbank may face sanctions from the Fair Trade Commission (FTC) over allegations that they colluded on gasoline, diesel and kerosene prices, with combined fines potentially re...

Countries’ regulations on imported foods containing beef tallow pose a hurdle for Samyang Foods as the Korean instant noodle giant seeks to expand exports of its latest black bean sauce instant noodle...