Nongshim posts first operating loss from Korean sales in 24 years

South Korea’s top noodle maker Nongshim Co. has posted a quarterly operating loss from its domestic business – its first loss in 24 year...
South Korea’s top noodle maker Nongshim Co. has posted a quarterly operating loss from its domestic business – its first loss in 24 year...
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...
Samsung Group, South Korea’s largest conglomerate, is expected to accelerate the restructuring of its corporate governance to help Vice Chairm...
Samsung Medical Center announced Tuesday that it performed more than 15,000 robot-assisted operations in the first of this year. Last yea...
South Korea’s Hanwha Life Insurance Co. is set to kick off direct investment in overseas real estate via its subsidiary in the US, according t...
South Korean food giant CJ CheilJedang Corp. logged record-high quarterly operating profit in the second quarter of 2022 amid the growing popularity...
The sudden resignation of The Carlyle Group Inc. Chief Executive Kewsong Lee has not just surprised the global investment community but raised quest...
South Korea’s biopharmaceutical maker Celltrion Inc. on Friday reported strong quarterly earnings thanks to healthy demand for its biosimilar ...
Naver Corp., South Korea’s largest online portal, on Friday reported its largest-ever quarterly revenue, led by webtoon and fintech services, ...
Hyundai Mobis Co., South Korea’s largest auto parts maker, is accelerating its future mobility businesses as well as intensifying open innovat...
LG Energy Solution Ltd., South Korea’s top battery maker, plans to power all its global production sites with only renewable energy by 2025 to...
Samyang Foods Co. announced Monday it has sold more than 4 billion packets of its uber-popular Hot Chicken Flavor Ramen, or buldak-bokkeum-myeon, to...
South Korea’s electric vehicle and battery makers are expected to benefit from the Inflation Reduction Act of 2022, the US bill designed to br...
APR Corp. is a South Korean startup less than a decade old, which develops and manufactures skin care products and athleisure clothing. While t...
LX Pantos Co., the logistics unit of South Korea’s LX Group, is looking to acquire a controlling stake in local budget carrier Air Premia Co.,...
Samsung SDI Co., a major South Korean battery maker, said on Friday that it is in talks with multiple automakers around the world to supply a next-g...
Brazilian mining giant Vale SA and two South Korean steelmakers are selling their joint venture in Brazil at less than half their investment in six ...
Zigbang, a South Korean proptech startup that provides real estate search and transaction services, has completed the acquisition of Samsung SDS Co....
Samsung Electronics Co.’s second-quarter earnings remained steady compared to three months before, with robust memory chip sales for data cent...
South Korea’s defense makers, namely Hyundai Rotem Co., Korea Aerospace Industries Ltd. (KAI), and Hanwha Defense Corp., clinched export dea...
South Korea’s over-the-top (OTT) platform Watcha Inc. is in talks with some companies to sell off its shares, according to investment banking ...
WASHINGTON DC – SK Group, South Korea’s second-largest conglomerate, said on Wednesday it will build its first memory chip packaging fac...
Medium-sized organic light-emitting diode (OLED) TVs are in the spotlight in the global premium TV market, where consumers have preferred larger scr...
POSCO Holdings Inc., the holding company of South Korea’s steel giant, reported a lower profit in the second quarter on rising raw material pr...
South Korea’s top automaker Hyundai Motor Co. on Thursday posted its highest-ever quarterly sales and operating profit, driven by pricey sport...
Kolon Global Corp., an affiliate of South Korean conglomerate Kolon, will spin off its car import business unit to improve management efficiency and...
Naver Z Corp., the operator of Asia’s largest metaverse platform Zepeto, is set to accelerate its global expansion through localization, mainl...
SK Hynix Inc., the world’s second-largest memory chipmaker, has decided to hold off on a 4.3 trillion won ($3.3 billion) plan to build a new N...
A consortium led by South Korea’s IGIS Asset Management Co. and US private equity giant KKR & Co. is set to acquire Shinhan Investment Cor...
South Korea’s five technologies on 5G mobile networks, cloud computing and cryptography have been preliminarily chosen as global standards, a ...