Grappling with weak growth momentum, the South Korean government vowed Wednesday to prop up corporate value-up efforts through tax cuts and other incentives, and expand global networks by clinching more free trade deals.

They are part of comprehensi…

The financial regulator imposed record fines Wednesday on two global investment banks (IBs) in South Korea for illegal stock short selling.

The Financial Services Commission (FSC) said it has imposed a combined 27.17 billion won (US$19.6 million) in…

The South Korean government raised its forecast for economic growth in 2024 to 2.6 percent Wednesday, citing solid exports and a global economic recovery.

The latest projection marks a 0.4 percentage-point increase from its previous outlook presente…

Today (%) Previous Session(%) Change (BP)

1-year TB 3.254 3.261 -0.7

2-year TB 3.199 3.209 -1.0

3-year TB 3.160 3.169 -0.9

10-year TB 3.274 3.289 -1.5

2-year MSB 3.207 3.209 -0.2

3-year CB (AA-) 3.624 3.634 -1.0

91-day CD 3.580 3.600 -2.0

So…

Hyundai Motor Group said Wednesday it has completed construction of an electric vehicle (EV) battery plant built jointly with LG Energy Solution Ltd. in Indonesia, allowing the South Korean automotive giant a fully-integrated EV production system in …

Defense Minister Shin Won-sik and top military officials discussed Wednesday ways to incorporate more data and artificial intelligence (AI) technology in the defense sector in a bid to help build a smarter military, his office said.

In the meeting, …

Italian luxury vehicle manufacturer Maserati has launched a sales unit in South Korea, the company said Wednesday, while announcing a plan to release new models in the country each month until the end of the year.

Maserati Korea held a ceremony in S…

The Seoul city government said Wednesday it will significantly beef up the strength of pedestrian guardrails and take other safety measures after a deadly car crash that left nine people dead earlier this week.

On Monday night, a sedan driven by a 6…