falling profit

South Korea’s commercial banks usually post decent earnings driven by high interest income when the country’s policy interest rates are ...

The number of youth hired for regular or "high-quality" jobs in South Korea fell over 40,000 last month year on year, while the ranks of jobs of a p...

South Korea's mobile game market experienced a decline in 2022, with both downloads and spending decreasing, according to a report by data analytics...

South Korea’s online fashion platform Musinsa saw sales last year surge over 50% to break the 700 billion won ($537.7 million) mark, though op...

South Korea needs to nurture its materials, parts and facilities industries to keep competitiveness in the semiconductor sector, said the chief exec...

Tesla Inc.’s South Korean business has been worsening in recent months due to the lack of new models launched in the country amid Seoul’...

LG Electronics Inc. is expected to report solid earnings for the second quarter after its first-quarter operating profit beat market expectations an...

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday its first-quarter operating profit likely more than doubled,...

The significant fall in seaborne freight rates of late is expected to boost earnings prospects for South Korea’s major companies, benefitting ...

Hyundai Motor Co. will likely emerge as South Korea’s top profit maker in the first quarter, driven by robust sales of pricey cars, pushing pa...

Woowa Brothers Corp., the operator of South Korea’s top food delivery app, posted a record profit in 2022, which also marked its first profit ...

LG Display Co., the world’s top manufacturer of large-size organic light-emitting diode (OLED) panels, is set to focus on the automotive scree...

South Korea’s small-sized nuclear reactor technology has fallen behind other major countries due to the years of the previous government&rsquo...

South Korea’s National Pension Service (NPS), one of the world’s largest pension funds, is slated to establish a committee to improve th...

Brokerage firms in South Korea, led by Mirae Asset Securities Co., suffered a 50% plunge in net profit in 2022, as dwindling trading fees outweighed...

South Korea’s births fell to a fresh low in January, while the number of deaths reached its record high, statistics data shows, signaling an a...

KB Kookmin Bank and Hana Bank led weaker earnings of the four largest South Korean lenders’ overseas units last year although their rivals Shi...

South Korea's Oasis Corp., a grocery delivery platform specializing in early morning shipments, on Tuesday said it posted last year operating profit...

Samsung Electronics Co. is found to have earned 250 billion won ($191 million) in profit valuation from its investment made two months ago in Rainbo...

MBK Partners agreed to buy NexFlex Co., South Korea’s top flexible copper-clad laminates (FCCL) producer, as the leading Northeast Asian priva...

Cosmo Advanced Materials & Technology Co., once the world’s largest video and cassette tape maker, has transformed into a money-making man...

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., logged the highes...

Coex Convention & Exhibition Center, the largest event complex in Seoul, was crowded on Friday for a smart factory and plant automation fair.&ld...

LG Electronics Inc. has released its highest-ever number of new organic light-emitting diode (OLED) TV models in a bid to maintain its supremacy in ...

South Korea’s retail giant Shinsegae Group is set to boost its business in the rapidly growing convenience store sector as its supermarket cha...

South Korea's construction companies are exploring other sectors to find new growth engines amid deteriorating profitability in the housing industry...

South Korea’s headline inflation gain eased in February, rising at the slowest pace in 10 months on a drop in oil product prices but utility p...

South Korea's Fingo Company, which runs the music revenue sharing platform Fingo, on Friday said it signed a memorandum of understanding (MOU) with ...

Samsung Electronics Co., the world’s largest memory chipmaker, saw its DRAM market share rise in the fourth quarter of last year despite a sig...

South Korea’s National Pension Service (NPS) is expected to post a negative return of 8.2% for 2022, according to its preliminary report on Th...