global sales

Kakao Corp. founder and chairman Brian Kim said on Monday that he will step down from the tech giant’s board of directors, following a series ...

Kakao Corp. founder and chairman Brian Kim said on Monday that he will step down from the board of directors, following a series of scandals that ro...

South Korean and overseas institutional investors are eyeing offices in Gangnam District, Seoul, amid concerns over inflation and market volatilit...

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

President-elect Yoon Suk-yeol pledges to build South Korea into what he dubs a global 'pivotal' power that contributes to freedom, peace, and prospe...

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 Hyosung Advanced Materials Corp. is expanding its carbon fiber production by adding a third line to meet the growing demand for ...

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...

Hyundai Glovis Co., the world’s second-largest car shipping company, aims to top the industry with an expansion of its fleet, specializing in ...

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 Korea is set to provide financial support of up to $1.7 billion to exporters in a move to minimize the impact of the escalating crisis in Ukra...

‘Beyond Korea’ is South Korean tech juggernaut Kakao Corp.’s new vision for the future. Kakao’s new CEO nominee Namkoon...

South Korean battery maker SK On Co. has narrowed bidders for its shares worth up to $3.3 billion to four candidates -- BlackRock, The Carlyle Group...

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 Korean cosmetics brand Dear Dahlia successfully opened a boutique in Europe’s largest department store in 2019 – just two years ...

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...

Global stock markets tumbled and oil prices hit their highest levels since 2014 on Tuesday as Russian President Vladimir Putin ordered troops into b...

In April 2021, there were some 200 unicorns in the Asia Pacific region, second only to the United States which had 290 startups each valued at $1 bi...

SK On Co. is on track to become the world’s No. 1 battery maker by 2030, the company said on Sunday. During an interview with the in-ho...

South Korea’s two home appliances giants – Samsung Electronics Co. and LG Electronics Inc. – dominated the global TV markets last ...

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

Samsung SDS Co., South Korea’s information technology service company, is set to expand its global cloud service business in cooperation with ...