cash shortage

The South Korean government said on Friday that it would grant the hiring of foreign workers in hotels and resorts from next year.The hotel and reso...

South Korea plans to set up a supply chain stabilization fund of up to 10 trillion won ($7.6 billion) to effectively cope with sudden supply disrupt...

Saudi Aramco’s $7 billion petrochemical project in South Korea, in what would be its largest-ever investment in the country, has hit a stumbli...

South Korea’s National Pension Service (NPS) will increase investing in real estate debt and listed real estate investment trusts (REITs) next...

South Korea’s medium-sized business group Taeyoung Group said on Wednesday it is near to selling its cash cow logistics unit to shore up its f...

Hanmi Science Co., the holding company of South Korea’s pharmaceutical giant Hanmi Pharmaceutical Co., has joined the global race to develop t...

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, plans to raise vehicle shipping rates considering the sharp rise ...

Fosun Group, a debt-laden Chinese conglomerate, is seeking to cash out of its entire stake in Nature&Nature Co. for up to 50 billion won ($37.8 ...

South Korea’s lube oil maker SK Enmove Co. has partnered with US computer maker Dell Technologies Inc. and data center cooling system provider...

Tires tailored for electric vehicles are expected to become the next cash cow of South Korean tire maker Kumho Tire Co. thanks to growing EV tire or...

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, plans to secure an additional 12 vehicle transport vessels by 202...

SK Hynix Inc. is in talks with its affiliate SK REIT Co. to sell the wastewater treatment facilities within its semiconductor campus in Icheon, Gyeo...

South Korea will raise the country’s visa quota for skilled foreign workers by 15 times from the previous level to ease chronic labor shortage...

Since the advent of the AI-powered chatbot sensation ChatGPT, the battle to win AI talent across companies large and small has intensified, threaten...

South Korea’s LG Electronics Inc. has received nearly 600 billion won ($470 million) in dividends from its overseas operations in the first qu...

South Korean carmakers marked sales growth for nine consecutive months as of end-May with the easing of the global semiconductor shortage and rising...

The global real estate market is under significant pressure due to increased interest rates and banks' tighter loan standards in 2023. Commercial re...

The global chip industry, which has been reeling from elevated inventory levels due to weak demand, is seeing a silver lining: Inventories of advanc...

South Korean institutional investors find secondaries and private debt attractive amid the darkening economic outlook, chief investment officers (CI...

South Korea's Kia Corp. is offering discounts of up to $7,500 in the US for leasing its electric compact crossover SUV line EV6 to boost its price c...

The world’s two leading smartphone makers Apple Inc. and Samsung Electronics Co. employ different management strategies for their surplus mone...

CJ ENM Co. is the undisputed No. 1 movie producer and distributor in South Korea, having sponsored numerous awards-wining films such as “Paras...

South Korea’s online giant Naver Corp. reported better-than-expected quarterly earnings thanks to strong sales of Poshmark Inc. in the US. It ...

KKR & Co. Inc. has agreed to buy Namsan Green Building in a central office district in Seoul for an estimated 250 billion won ($186.7 million).T...

Foreign companies investing in the fields of semiconductor, display and secondary batteries, which are part of South Korea's national strategic tech...

Doosan Robotics, a robot solution subsidiary of South Korea's Doosan Group, announced on Monday the release of its E series collaborative robot, des...

South Korea’s homegrown over-the-top (OTT) platform Watcha Inc. is struggling to raise funds as it faces an uphill battle to win over customer...

Concerns are growing about the financial health of South Korean luxury fashion e-commerce platform operator Balaan Co. after its net loss doubled on...

The super-rich in South Korea are eyeing stocks for investments despite a slowdown in Asia’s fourth-largest economy this year, expecting the l...

South Korea's automobile industry is rapidly transitioning toward the future such as environmentally friendly and smart cars, but the sector is faci...