central unit

The plant-based food brand PlantTable of Korean food and biotech giant CJ CheilJedang Corp. has seen three million units in cumulative sales since i...

Kia Corp. has sold its 15 million units on the domestic market since releasing its first vehicle six decades ago in 1962.The company on Monday said ...

OCI Co., South Korea’s lone polysilicon producer, is set to spin off its chemical units and transform itself into a holding company.On Wednesd...

Nongshim Co., a South Korean food and instant noodle manufacturer, announced on Wednesday that it is slated to export a smart farm system to Oman, 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...

Samsung Electronics Co.'s device solutions (DS) division, which manufactures semiconductors and displays, has raised its initial annual base salary ...

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Wednesday it has signed an initial agreement with Malaysi...

CJ CheilJedang, following an organizational reshuffle, will focus on the development of future food such as food ingredients and alternative protein...

South Korean companies are at risk of credit rating downgrades as the fallout of a debt default by the domestic developer of a Legoland theme park r...

South Korea’s small- and mid-sized brokerage houses have begun their workforce reductions ahead of the end of the year. The brokerages are set...

South Korea’s largest startup event ComeUp kicked off on Wednesday at the Dongdaemun Design Plaza (DDP). The annual event, which celebrat...

South Korea’s current account surplus has shrunk on falling exports, adding to concerns over a slowdown in Asia’s fourth-largest economy...

South Korea's leading web portal Naver reported record-high sales in the third quarter thanks to surging growth in its content sector, including the...

SK Biopharmaceuticals will take part in CES 2023, the world's largest trade show for IT and electronics held in Las Vegas, to unveil its medical dev...

HD Hyundai Co., the holding company of South Korea’s Hyundai Heavy Industries Group, saw its two construction equipment affiliates post strong...

South Korea’s central bank joined rescue moves to improve liquidity in the local bond market and alleviate the fallout from a debt default by ...

South Korea’s chemicals giant LG Chem Ltd. announced on Oct. 18 that it will acquire AVEO Pharmaceuticals Inc., a Nasdaq-listed US biotech fir...

South Korea’s LS Group will become the No. 2 shareholder in KT Submarine Co. after buying the undersea cable construction company’s new ...

A South Korean court judged that Bitcoin, the world’s leading virtual currency, is not money and therefore the cryptocurrency is not subject t...

Hanwha Group’s agreement to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering (DSME) Co. for 2 trillion won ($1.4 billio...

South Korea’s credit card company Lotte Card Co. is slated to sell its subsidiary Loca Mobility Corp., the second-largest public transportatio...

Korea Aerospace Industries Ltd. (KAI), the country’s military aircraft manufacturer, has inked a formal deal worth $3 billion to export light ...

South Korean companies are rushing to set up their own venture capital units, so-called corporate venture capital firms, to seek new growth engines ...

JACKSON HOLE, Wyo. -- The Bank of Korea plans to raise interest rates until inflation falls to its target level but won't keep pace with the US Fede...

South Korea’s central bank on Thursday delivered its fourth interest rate hike in a row for the first time in its history as the monetary auth...

South Korea’s major petrochemical producer Lotte Chemical Corp. faced an earnings shock in the second quarter of 2022, hard hit by the perform...

South Korea's largest cloud computing service provider LG CNS Co. on Tuesday reported double-digit growth in both profit and revenue in the second q...

Gourmands in North America will be able to enjoy South Korean fried chicken more conveniently as BB.Q Chicken, the country’s leading franchise...

POSCO International Corp., the trading unit of Korean steel giant POSCO, will merge with its unlisted affiliate POSCO Energy Co. to reinforce its en...

South Korea’s largest auto parts maker Hyundai Mobis Co. is poised to spin off two of its major units that make car parts and modules into sep...