The number of initial public offerings (IPOs) rose from a year earlier in 2023 amid signs of easing economic woes, data showed Tuesday.
A total of 82 companies made their debuts on the main Korea Composite Stock Price Index and the tech-heavy KOSDAQ…
Retail sales in South Korea advanced 8.2 percent on-year in January following the robust performance of online platforms, the industry ministry said Tuesday.
The combined sales of 25 major offline and online retailers came to 15.7 trillion won (US$1…
The state arms procurement agency on Tuesday cleared major shipbuilder HD Hyundai Heavy Industries Co. to bid in government contracts after deliberating on its possible restriction over the company’s involvement in a military secret leak.
Last Novem…
Samsung Electronics Co. said Tuesday it has developed the fifth generation high bandwidth memory (HBM) chips with 12 layers of DRAM chips, helping it lead the booming market for advanced chips.
With the industry’s largest capacity of 36 gigabytes (G…
LG Chem Ltd., South Korea’s top chemicals maker, said Tuesday it plans to raise as much as 1 trillion won (US$751.3 million) by selling bonds for use in investment in future growth engines and to repay maturing debts.
The amount of the planned bond …
A U.S. diplomat expressed hopes Monday for South Korea to provide more defense material support to Ukraine, stressing the importance of air defense assistance for Ukrainian forces striving to fend off Russian attacks.
Speaking at a forum, Yuri Kim, …
