cash shortage

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

Prestige Biologics Co., a South Korean biopharmaceutical contract development and manufacturing organization (CDMO) company, announced on Tuesday th...

HYBE Co., the label behind the global sensation BTS, is considering legal action to invalidate an undisclosed deal between SM Entertainment Co. and ...

SM Entertainment Co., mired in conflict with its founder and former Chief Producer Lee Soo-man, is seeking to sell its shares in three key arms, wor...

For Samsung Group, the fine chemicals business was an ugly duckling losing money while other affiliates, including Samsung Electronics Co., were flu...

South Korea’s major retailer Hyundai Department Store Group Co. gave up a plan to split off its core high-end shopping mall affiliate and conv...

Kakao Pay Corp., the mobile payment service unit of South Korean tech giant Kakao Corp., posted a net profit last year for the first time since its ...

As venture capitalists tighten their purse strings amid looming recession fears, only startups with killer products that generate profits are well-p...

South Korea's top petrochemical firms raised 2.6 trillion won ($2.1 billion) via corporate bond sales and rights offering earlier this month to gird...

South Korea’s LG Innotek Co. will boost the production of its flip chip ball grid array (FC-BGA) packages, or high-density package substrates,...

South Korean companies are rushing to raise cash from the beginning of the new year amid growing concerns over a global economic downturn and market...

South Korean conglomerate SK Group is considering selling some of its assets in Vietnam and Malaysia owned by its investment vehicle SK South East A...

Lotte Group will replace the head of its construction unit, hit by a liquidity crisis stemming from project financing, to ease investor concerns ove...

South Korea’s largest container line HMM Co. has seen its shares trapped in a boxed range for a protracted period despite its spectacular earn...

A South Korean small insurer will buy back dollar perpetual bonds as scheduled, reversing its earlier decision not to recall the notes, to ease conc...

South Korean companies, led by the country’s most valuable firm Samsung Electronics Co., have rushed to accumulate cash as interest rates kept...

Doosan Bobcat, the construction and agricultural machine making affiliate of South Korea’s Doosan Group, is poised to join the “one tril...

Several corporations have recently sold stocks and real estate apparently to boost liquidity and repay maturing debts amid the "three high" era of h...

South Korea’s National Pension Service (NPS) is open to new investments in overseas real estate, the pension fund’s American real estate...

Korea Credit Data (KCD), a South Korean data solutions provider for small business owners, has become a Korean unicorn, or an unlisted company with ...

Nongshim Co., South Korea’s No. 1 instant noodle brand, is looking to buy a domestic food supplement maker for up to $50 million, which would ...

South Korea is set to raise the quota of foreign workers by 10,000 this year to address labor shortage issues in the country’s shipbuilding, m...

South Korean companies are embracing the x-to-earn (X2E) business model, by which users earn rewards by playing online games and accomplishing other...

South Korea’s largest automaker Hyundai Motor Group ranked third in global car sales in the first half, its highest-ever ranking in terms of v...

South Korea’s agricultural product prices are expected to increase this year as the agriculture industry is suffering chronic labor shortages....

Samsung Electronics Co., the world’s top memory chipmaker, is seeking unmanned factories in a move that other major South Korean manufacturers...

Hyundai Doosan Infracore Co., a South Korean construction equipment company, will pay dividends to its shareholders for the first time in 14 years.A...

South Korean companies are selling real estate and subsidiaries to raise cash as accelerating inflation, rising interest rates and the soft won all ...

South Korea plans to spend more cash on attracting foreign investments in high-tech and core supply chain industries as foreign direct investment to...

Korea Zinc, the world’s largest lead and zinc smelter, agreed to buy a majority stake in a US-based electronic waste recycling company for $33...