lower valuation

South Korea’s central bank on Thursday delivered its fourth interest rate hike in a row for the first time in its history as the monetary auth...

Samsung Electronics Co. and other major South Korean companies have reduced their plant operations and capital expenditures as weakening demand amid...

South Korean platform operators are feeling cornered following rapid expansion during COVID-19 as growing risks of a global economic recession and r...

South Korea’s first mobility unicorn Socar Inc. has cut its IPO price by 18% to push ahead with its stock market debut, according to industry ...

Investors are staying away from South Korea’s initial public offering markets as sentiment remains sour on global interest rate hikes, the sus...

Samsung Electronics Co.’s second-quarter earnings remained steady compared to three months before, with robust memory chip sales for data cent...

Samsung Electronics Co. held a ceremony on Monday to celebrate its first shipment of 3-nanometer semiconductor chips, notching its lead in the race ...

Five South Korean startups joined the ranks of unicorns in the first half of 2022, the largest such figure for six months. With that, the total...

South Korean fashion e-commerce platform Brandi Inc. has embarked on a 67 billion won ($51 million) funding round, hoping for around 800 billion w...

Hit by shrinking liquidity around the globe, startups in South Korea are coming up with different ways to cut costs, most notably in human resources...

South Korea’s mobility unicorn Socar Inc. faces controversy over its valuation after the car-sharing startup set the price guidance for its in...

South Korea’s two largest automakers – Hyundai Motor Co. and Kia Corp. – are expected to post their highest ever profit for the se...

South Korean private equity firms that plan to inject a total of 1.2 trillion won ($1 billion) into SK Ecoplant Co. are having a hard time raising t...

Standard & Poor's (S&P), an international credit rating agency, has lowered Korea Electric Power Corp.'s stand-alone credit profile to non-i...

Iljin Materials Co., a South Korean supplier of electric vehicle battery materials, has put a majority stake up for sale, which is estimated at arou...

South Korea’s Shinsegae L&B Co. is set to resume its distilled spirit soju business as early as the end of May, aiming for exports to some...

South Korea's grocery delivery app Kurly Inc. has generated a valuation gain of 100 billion won ($80 million) for SK Networks Co., or a triple-digit...

South Korea’s e-commerce startups are enjoying massive hikes in their valuations on the back of robust online spending by millennials and memb...

SK Shieldus Co. and One Store Co., two units of South Korea's SK Square Co., submitted their initial public offering applications on Thursday to rai...

South Korean top automaker Hyundai Motor Co.'s shares are poised for a rebound. On March 30, the stock rose by 2.55% to 181,000 won ($149.46), 11.73...

Seven out of 10 South Korean companies predict they will swing to operating losses if global oil prices soar to $150 a barrel, a survey showed on Su...

LG Household & Health Care Ltd. was one of the most coveted shares on the Korean bouse in the past couple of years as the company basked in the ...

Visual effects production startup VA Corporation announced Monday it received 100 billion won ($80.4 million) from private equity fund Paratus Inv...

South Korea’s SK Group units focusing on investments in new eco-friendly industries are facing risks of credit rating downgrades.Investors hav...

The South Korean won currency tumbled to its lowest point in almost two years on Friday, adding to inflationary pressure in Asia’s fourth-larg...

South Korean petrochemical companies’ stocks rose as investors bought them at a bargain on expectations for Chinese demand recovery despite ri...

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...

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...

MBK Partners and IMM Private Equity will each be investing 200 billion won ($167 million) in Megazone Cloud Corp., the first South Korean business p...

A South Korean court on Thursday ruled in favor of Affinity Equity-led financial investors (FIs) in Kyobo Life Insurance Co., rejecting Kyobo's clai...