luxury sales to foreigners

South Korea’s LG Electronics Inc. on Friday posted record 2020 operating profit and revenue, boosted by robust sales in its home appliance div...

A senior official of the International Monetary Fund (IMF) on Thursday warned against the extended ban on stock short selling in South Korea, saying...

South Korea's state-run bank is considering selling HMM Co., the country's largest container line, to steelmaker POSCO as the shipping industry expe...

LG Electronics Inc. has mandated South Korea’s largest law firm Kim & Chang as the legal advisor for its smartphone division sale, accor...

Financial investors in South Korea's No. 1 food delivery app Baedal Minjok (Baemin) are set to exit in the first quarter of this year, closing t...

The sale process for Doosan Infracore Co. is gaining traction after it won a legal dispute with financial investors over a case involving the top So...

Hyundai Motor Co. and its sister firm Kia Motors Corp. are emerging as preferred sport-utility vehicle brands in India, as one in every two SUVs sol...

Japan’s JSR Corp. is reaching out to Korean chemical companies to dispose of its synthetic rubber business and focus instead on semiconductor ...

Korea Resources Corp. is planning to sell its 82.25% stake in a coal mine in Australia, as part of efforts to cut its debt totaling 6.7 trillion won...

E-commerce giant eBay Inc. has officially kicked off the sale process of eBay Korea Co., valued up to 5 trillion won ($4.6 billion), with its sa...

A South Korean consortium led by construction firm Dongbu Corp. has been picked as the preferred negotiator to buy a controlling stake in cash-strap...

Global webtoon (digital comics) platform Naver Webtoon is paving the way to a listing in the US market, reaching out to foreign investors for pre-...

Global webtoon (digital comics) platform Naver Webtoon is paving the way to a listing in the US market, reaching out to foreign investors for pre-...

Hyundai Motor Co. has unveiled its brand-new Genesis sport utility vehicle (SUV) model GV70, the latest urban midsize SUV from the South Korean auto...

Imported car sales in South Korea are on track to post a record high this year, benefiting from consumption tax cuts aimed at stimulating personal s...

South Korea’s LG Chem Ltd. has officially launched its battery affiliate, LG Energy Solution, to carve out a greater share of the increasingly c...

Foreign investors sold a record volume of shares on South Korea’s main bourse on Nov. 30, triggering a sharp fall in the main stock index, whi...

E-Mart Inc., one of South Korea’s largest retailers, saw its annual wine sales exceed 100 billion won ($90.3 million) for the first time as ...

Foreign currency deposits in South Korea have swelled to a record high in November on the back of a weaker dollar, boosting local banks' holdings to $...

Samsung Electronics Co. shares have soared to a historic high, driven by foreign investors scooping up a total net 2.6 trillion won ($2.3 billion) wor...

South Korea's stock market is seeing a shift in buying trends from foreign investors who are increasingly beefing up investments in cyclical stocks wh...

SK Hynix Inc. is on track to record its highest sales from its non-memory chip business this year after the world’s second-largest DRAM memory c...

Wellkeeps Co., a South Korean mask manufacturer, has issued an information memorandum to potential buyers including financial investors and strategic ...

South Korea’s mobile platform giant Kakao Corp. said Thursday its operating profit and sales jumped to their all-time highs in the third quarter...

South Korea-based private equity firm H&Q has begun the sale process for JobKorea, the country's largest job portal estimated to be worth up to $7...

SK Hynix Inc. has vowed to triple its NAND flash memory sales within five years, buoyed by its recent acquisition of Intel Corp.’s NAND memory a...

Shares of South Korea’s three leading electric vehicle battery makers surged Tuesday, on strong electric car sales in Europe and expectations th...

At Hyundai Motor Co.'s brand launch event held on Nov. 4, 2015, someone made an unexpected appearance on the stage, surprising the crowd. It was curre...

LG Electronics Inc.’s quarterly operating profit and sales surged thanks to solid growth in its television and home appliance segments and small...

South Korea’s largest internet portal Naver Corp.’s third-quarter net profit nearly tripled, while its sales rose to a record high, driven...