financial performance

LG Electronics Inc. plans to open LG Advanced Cold Climate Heat Pump Laboratory in Alaska, the US for the development of heating, ventilation, &...

South Korea’s Hyundai Motor Group saw the combined operating profit of its 11 affiliates more than double in the third quarter as Chairman Chu...

South Korea’s LG Chem Ltd. and its spinoff LX Hausys Ltd. have jointly developed a material that delays the thermal runaway of electric vehicl...

Kia Corp., South Korea’s second-largest automaker, said on Friday that its third-quarter net profit rose fourfold from a year earlier thanks t...

NKMax Co., South Korea's largest developer of natural killer (NK) cell therapies, will conduct its first clinical trials in the US for its candidate...

KB Financial Group Inc., South Korea’s top financial holding company by assets, on Tuesday reported better-than-expected net profit in the thi...

Mirae Asset Financial Group, South Korea’s leading financial conglomerate, on Monday promoted Swarup Mohanty, the head of its Indian asset man...

South Korea will postpone implementation of environmental, social and governance (ESG) disclosure rules for the country’s listed firms from 20...

South Korea's Financial Supervisory Service (FSS) will fine the Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and Bank BNP Paribas the large...

South Korea’s Mirae Asset Global Investments Co. is seeking to sell off HI Investment & Securities Co. headquarters, the value of which is...

South Korea's Hyundai Capital announced on Wednesday it will acquire the Indonesian finance firm PT Paramitra Multifinance to enter the local market...

South Korean drug giant Celltrion Group has received a positive recommendation from Institutional Shareholder Services (ISS), a global leading proxy...

SAN JOSE, California -- Samsung Electronics Co., the world’s top memory chipmaker, on Thursday unveiled the Exynos 2400, a new premium mobile ...

Lotte Chilsung Beverage Co., a household name in South Korea’s soft drink market, said on Wednesday it has secured management rights of Pepsi-...

The South Korean financial markets were roiled by a fresh taper tantrum after the US Federal Reserve chair signaled further tightening last week, tr...

Former chief executives of South Korean firms are being recruited by their previous employers as the companies need the seasoned experience of these...

South Korean stocks, bonds and its currency tumbled on Thursday as the US Federal Reserve gave indications of another interest rate hike this year a...

South Korean shipbuilder Hanwha Ocean Co. said Thursday that it has signed a four-way agreement with global entities in the shipping industry to bui...

SK Hynix Inc. and Samsung Electronics Co. are confident that a new memory chip market renaissance is just around the corner thanks to the generative...

KB Financial Group Inc. has chosen Yang Jong-hee, its vice chairman, as the sole candidate for its next chief in charge of South Korea’s leadi...

Qualcomm Inc., the leading global mobile chip maker, and Samsung Electronics Co., the world’s second-largest smartphone manufacturer, have suc...

Samsung Electronics Co. announced on Thursday that it is set to release a 4-terabyte (TB) SSD in its high-performance 990 Pro series. The SSD is des...

Grand Hyatt Jeju within Jeju Dream Tower Integrated Resort posted its highest-ever revenue of 14.3 billion won ($10.8 million) in August, Lotte Tour...

South Korean game company Netmarble Corp. announced on Monday that it will partner with Hana Financial Group to develop new financial experiences an...

Hyundai Motor Co. on Monday announced the launch of its first-ever high-performance electric vehicle (EV) of its N brand, the IONIQ 5 N.The new EV b...

LG Group has decided to manage environmental, social, and governance (ESG) management activities as if they were financial data. The aim is to provi...

South Korea’s leading asset manager Mirae Asset Financial Group aims to enhance its presence in India by acquiring Sharekhan, the Southeast As...

National Pension Service (NPS) of South Korea achieved a 9.1% return on investment during the first half of this year, with assets under management ...

Fosun Group, a debt-laden Chinese conglomerate, is seeking to cash out of its entire stake in Nature&Nature Co. for up to 50 billion won ($37.8 ...

Some South Korean institutional investors may see significant losses on their investment in a hotel in the heart of New York as the developer has de...