early sales records

South Korea’s automakers were on high alert as President-elect Yoon Suk-yeol pledged to ban new registrations of internal combustion engine ca...

When Seoul-based private equity firm Hahn & Co. acquired K Car Co. from SK Group in 2018, the No. 1 used car retailer in South Korea controlled ...

Hyundai Motor Group’s electric vehicle sales in Europe are rapidly rising. Hyundai Motor Co.'s IONIQ 5, launched in Norway in May 2021, topped...

The new Samsung Smart Monitor M8 is now available for sale in South Korea, Samsung Electronics Co. announced on Sunday.The product can stream serv...

South Korea’s biotechnology startup Voronoi Inc. is in talks with global biomedical companies on drug designs as it aims to expand the busines...

South Korea’s e-commerce juggernaut Coupang Inc. posted $18.4 billion in sales last year, up 54% on-year. Compared to the pre-pandemic level i...

South Korea’s gross national income (GNI) per capita hit a record high last year on strong economic growth, as well as the firm won currency a...

The unexpected death of Nexon founder Kim Jung-ju stoked market speculation about a possible change in its ownership structure and top management, s...

Hyundai Motor Co. and Kia Corp., the two automaking units of South Korea’s Hyundai Motor Group, have worked for decades to refine their profil...

The merger of KB Life Insurance Co., an insurer under KB Financial Group Inc. of South Korea, and Prudential Life Insurance Co. of Korea will be c...

National Pension Service (NPS) of South Korea posted a 10.86% rate of return in 2021, according to a preliminary data report by its investment man...

South Korean companies had dreamed of a post-COVID-19 earnings recovery as the globe geared up for economic reopening. But their hopes are now dampe...

South Korean power utility KEPCO Co. reported its largest-ever operating loss of nearly 6 trillion won ($5 billion) in 2021, after it froze the elec...

Shares in South Korea's small and medium-sized printed circuit board (PCB) makers extended their upward run to hit fresh highs this week, bucking th...

South Korean institutional and retail investors sharply raised their risk appetite last year, gobbling up Nasdaq-listed technology stocks such as Te...

Samsung Bioepis Co., a biopharmaceutical unit of Samsung Group, plans to double the number of its biosimilar products on sale to 10 by 2025 and acce...

China’s largest privately owned carmaker Zhejiang Geely Holding Group Co. is entering South Korea’s electric truck market to compete wit...

South Korea will introduce an IPO lock-up period for company executives and their top shareholders to ban them from selling the company shares short...

South Korea’s household debt hit a record on surging property prices, stoking concerns over a slowdown in private consumption in Asia’s ...

Samsung Bioepis Co., a biopharmaceutical unit of Samsung Group, said on Friday that sales of its five biosimilar products in global markets, excludi...

South Korea’s money supply increased at the fastest pace in history last year, exceeding liquidity growth in the eurozone, which accelerated i...

Shares of cosmetics and skincare companies in South Korea have surged recently on expectations of easing pandemic-related restrictions.  A few...

Visiting a car dealer’s stylish showroom to touch, feel and sometimes test drive a car before purchase has for decades been a rite of passage ...

South Korea’s central bank is caught in a dilemma as it needs to raise interest rates to curb rising inflationary pressure in Asia’s fou...

Seoul-based Glenwood Private Equity is putting a majority stake in South Korea's PI Advanced Materials Co., the world's largest polyimide (PI) film ...

HMM Co., South Korea’s largest container line, returned to an annual profit for the first time in a decade, boosted by higher freight rates an...

Sopoong Ventures Corp. is poised to create a fund worth 10 billion won ($8 million) that specializes in early stage investment, industry insiders sa...

Samsung Electronics Co. outpaced Chinese rival Oppo last year to regain the top spot in the smartphone market in four major Southeast Asian countrie...

South Korea’s major banks posted record earnings last year, boosted by higher interest income amid the central bank’s easing monetary bi...

South Korea’s food data analysis firm Nuvilab, Inc. is not a household name – at least yet. The startup is rather familiar to investors...