South Korea’s four largest financial holding groups posted stellar profits in the second quarter, bolstered by a sharp increase in non-interes...
South Korea’s top auto parts maker Hyundai Mobis Co. posted a 36.8% year-on-year rise in second-quarter operating profit, buoyed by a strategi...
Hyundai Motor Co. on Thursday reported its first double-digit profit fall in five years in the second quarter despite posting record second-quarter ...
South Korea’s internet pioneers, Kakao Corp. and Naver Corp., are ramping up overseas investments in artificial intelligence startups, shiftin...
Celltrion Inc., South Korea’s leading biosimilar drug developer, is poised to reap nearly 5 trillion won ($3.6 billion) in revenue this year a...
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., has pulled out of a deal to acquire two ...
Bebesup, a leading South Korean baby skincare and wipe brand, has secured a registration certificate from the China National Medical Products Admini...
Samsung Electronics Co. is likely to deliver weaker-than-expected results for the second quarter, with operating profit estimated to decline by more...
Chinese tech giant Tencent Holdings Ltd. has emerged as a surprise contender in a race to acquire a roughly 40% stake in Kakao Mobility Corp., the o...
Kakao Mobility Corp., which runs South Korea’s most popular ride-hailing app, Kakao T, has clinched a deal to build a future mobility infrastr...
Tencent Music Entertainment Group is set to become the second-largest shareholder of SM Entertainment Co. by acquiring HYBE Co.'s remaining shares i...
OpenAI Inc., the creator of generative AI ChatGPT, has established a legal entity in South Korea, which has the largest number of paying ChatGPT sub...
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., is in advanced negotiations to acquire t...
The global appetite for Korean beauty products shows no sign of slowing, with their exports in April surging 20% year on year to a record high, ev...
United Arab Emirates’ sovereign wealth fund Mubadala Investment Co. and Goldman Sachs are set to invest a combined $700 million in Kakao Mobil...
KakaoBank Corp., a leading South Korean internet-only bank, posted its highest quarterly profit in the first quarter, defying a drop in interest inc...
On an unremarkable evening in November 2024, inside the opulent Belasco Theatre in Manhattan, something quietly historic was taking place.A delicate...
Shinhan Financial Group Co., South Korea’s leading financial holding company, is poised to surpass 1 trillion won ($692 million) in annual net...
Kakao Corp. shares underperformed its peers and the broad market on Friday after SK Telecom Co. sold off its entire stake in the South Korean platfo...
SK Hynix Inc., the world’s second-largest memory chipmaker, reported a dramatic surge in first-quarter profits on Thursday, delivering the sec...
Hotels in South Korea are booming thanks to a surge in foreign visitors on a weaker won currency, while domestic travel agencies are suffering from ...
South Korean steelmaker Hyundai Steel Co. said on Wednesday it has received the Nuclear Material Supplier Quality System Certificate (QSC) from the ...
South Korea’s foreigners-only casinos are witnessing a significant rise in their sales revenue with the return of high rollers from China and ...
Kakao Corp., South Korea’s largest mobile platform, is looking to sell a majority stake in Kakao Entertainment Corp., dropping a plan to take ...
Kakao Entertainment Corp. has been divesting unprofitable music labels and digital content platforms, which it has gobbled up over the past few year...
South Korea’s private equity firm VIG Partners’ buyout of minority stakes in Kakao Mobility Corp., the nation’s most popular taxi-...
Kakao Corp. founder Kim Beom-soo, also known as Brian Kim, will step down as chairman of the South Korean tech giant’s top decision-making bod...
Investors’ appetite for corporate debts sold by South Korea’s petrochemical, retail and battery companies has waned this month amid grim...
Capital Group Companies Inc. has increased its stake in LS Electric Co., a South Korean supplier to Elon Musk’s X.AI Corp., as the US asset ma...
Hanwha Systems Co., a leading South Korean defense company, reported its best-ever earnings last year thanks to brisk sales of its defense systems i...
