higher fuel costs

Korean Air is flying high after breaking its quarterly record for the second time this year thanks to growing profits from passenger flights as well...

Seoul Semiconductor Co., the world’s second-largest light-emitting diode (LED) display maker, won a patent lawsuit in Germany, setting a recor...

Hyundai Oilbank Co. extended a deal with US independent fuel distributor Sunoco LP to export petroleum products to Hawaii as the South Korean refine...

Foreign private equity firms have taken advantage of the strong dollar to dominate corporate acquisition deals in South Korea, adding to expectation...

South Korea’s major financial groups enjoyed record quarterly earnings as higher policy interest rates increased lending rates, powering the p...

South Korea’s top automaker Hyundai Motor Co. on Monday posted its highest-ever quarterly sales, driven by pricey sport utility vehicles and p...

Hyundai Motor Co. and its affiliate Kia Corp., South Korea’s top two automakers, plan to reflect 2.9 trillion won ($2 billion) more in quality...

South Korean biopharmaceutical firms are facing challenges in clinical trials overseas alongside the rising Korean won to the US dollar exchange rat...

Hyundai Motor Co.'s NEXO crossover has become the world’s best-selling hydrogen fuel cell electric vehicle (FCEV) in the first eight months of...

South Korea’s three major shipbuilders have regained the world’s No. 1 title in terms of ship orders and are expected to swing to profit...

South Korea’s airlines, already slammed by a weaker won currency and rising interest rates, are expected to suffer more from global major oil ...

Eco-friendly cars such as electric vehicles and hybrids have increased their share in South Korea's used car market, together accounting for 36% of ...

Deep learning-based Software as a Service (SaaS) provider Z.Ai Inc. won the September pitch competition hosted by Seoul-based startup accelerator D....

Rising borrowing costs coupled with the weakening local currency are forcing an increasing number of South Korean companies to withdraw or halt thei...

South Korean cryptocurrency investors appear willing to take more risks than their global counterparts, balancing their portfolios between market le...

DL Chemical Co., the petrochemical arm of South Korean conglomerate DL Group, is forecast to post robust third-quarter results despite sluggish sa...

The steeper-than-expected decline in the won’s value is posing a grave threat to South Korean companies already struggling with rising inflati...

Warehouse development projects in South Korea, which boomed amid COVID-19, are facing challenges such as suspension of construction projects and ban...

LG Electronic Inc. is set to produce solar energy to support 10% of the annual electricity consumption at its Changwon plant in South Korea.The firm...

South Korea's Hyundai Motor Co. and Italian truck maker Iveco Group on Monday showcased a large commercial van powered by hydrogen, which they had j...

IMM Private Equity is trying to sell off the management rights of Able C&C, the parent of Korea’s first-generation low-priced cosmetics br...

The world’s two largest shipbuilders Hyundai Heavy Industries Co. and Daewoo Shipbuilding & Marine Engineering Co., decided to shut down t...

Hyundai Motor Co. is on track to develop a revamped model of its hydrogen fuel car NEXO, its chief executive said on Wednesday, as the South Korean ...

Iljin Materials Co.’s sale process has reached a deadlock as its Chief Executive Heo Jae-Myeong is holding to its price to sell a controlling ...

Hyundai Elevator Co., South Korea’s No. 1 elevator producer, swung to a quarterly operating loss for the first time since it was listed on the...

South Korea’s SK Ecoplant Co. has forged a partnership with China’s top data center developer and operator GDS to jointly enter the Sout...

Private equity firms have snapped up South Korean assets over the past two years, driving their valuations near historic highs in the liquidity-driv...

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 game developers aimed to improve earnings with the release of new titles in the second half after reporting disappointing quarte...

SK Group, South Korea’s No. 2 conglomerate, is seeking to build an electric vehicle charger plant in the US in a move to accelerate the expans...