As the wildfire in Uiseong-gun, North Gyeongsang Province, continues to burn for the sixth consecutive day, Korea's top four ...

Chaebols are large, family-owned business conglomerates that play a significant role in South Korea's economy. Some of the most well-known chaebols include Samsung Group, which is the largest ...

Korean SMEs are quickly becoming the front-runners in battery production, with Korea's powerful industrial conglomerates—the ...

Samsung is a large family-owned company, which is commonly referred to as a chaebol in South Korea. Other examples of chaebols include Hyundai and LG. Today, Samsung is led by Lee Jae-yong ...

South Korean conglomerate Lotte is eyeing projects in Thai Nguyen province, an industrial hub in northern Vietnam, firstly a ...

Korean boards’ insular approach with other insiders, including founding family members, at “chaebol” conglomerates deters some foreign investors and contributes to lower valuations known as ...

While South Korea's economic rise is often praised, the dominance of chaebols (large family-controlled conglomerates) underscores the nation's deep structural inequality. These corporate giants ...

Major Korean conglomerates suffered their lowest profitability since 2008 last year due to the global economic slowdown and weak domestic demand, data showed Sunday. The country's top 20 business ...

South Korea tackled difficult economic reforms following the crisis, including restructuring some chaebols, increasing labor market flexibility, and opening up to more foreign investment and imports.

Korea succeeded in moving from deep poverty to high-income status by subsidising and protecting the ‘chaebol’, industrial groups like Hyundai and Samsung. India is currently providing similar ...

Hyosung has decided to invest an additional $1.5 billion in Vietnam, part of the South Korean chaebol’s commitment to ...