luxury sales to foreigners

SK Hynix Inc., the world’s No. 2 memory chipmaker, has made a significant business turnaround in the US and China, which made up 80% of its sa...

South Korea’s top automaker Hyundai Motor Group is developing a next-generation powertrain, known as a range extender, for pickup trucks and s...

South Korean food giant CJ CheilJedang Corp.'s quarterly operating profit increased for the third consecutive quarter, reversing a decline in the th...

South Korean tire manufacturers have nearly reached sales of 45 million units in the global market during the first half of this year, the Korea Tir...

Foreigners and institutional investors in the South Korean stock market picked biotechs as their favorite shares in hopes of a biopharma stock jump ...

Carlyle Group, a union of Hong Kong-based Keppel Corp. and Gaw Capital Partners and a consortium of IMM Investment and IMM Private Equity are the th...

IGIS Asset Management Co., one of Asia's largest real estate investment firms, is seeking to sell a building backed by South Korea’s National ...

Of 58 electric vehicle models running on the streets of South Korea, 22 models are equipped with Chinese batteries, a survey showed on Friday.Accord...

Samyang Roundsquare, formerly known as Samyang Foods Group in South Korea, announced on Friday that it held a consumer event called the "Buldak Spic...

South Korea will prioritize non-price factors such as economic security and contributions to the domestic supply chain over bidding prices when sele...

Hyundai Mobis Co., the world’s fifth-largest auto parts maker, is set to focus on electrification to enhance its competitiveness in future mob...

LG Electronics Inc., a leading South Korean home appliance maker, is strengthening efforts to enhance its presence in Europe’s heating, ventil...

US industrial gas maker Air Products and Chemicals Inc. has put its South Korean unit up for sale for an estimated 5 trillion won ($3.6 billion), in...

South Korea reported its biggest monthly current account surplus in six years and nine months thanks to robust exports of semiconductors. But the gr...

SK Telecom Co., South Korea’s top mobile carrier, reported a higher quarterly profit as its cost-cutting and strong artificial intelligence (A...

Vessl AI, a South Korea-native MLOps platform-operating startup, is envisioning a takeoff in the US next year after building a concrete client base ...

The South Korean stock market dropped more than 3% on Friday to breach the psychologically important barrier of 2,700 in almost two months, after we...

South Korea’s Hyundai Motor Co. saw sales of the hybrid version of its flagship Tucson SUV hit an all-time monthly high in July in the US, the...

Samsung Electronics Co. announced on Friday that it collaborated with the domestic food company Ottogi to release limited edition goods called Samsu...

BalanceHero, a South Korean fintech startup that entered the Indian market, announced on Friday that its sales and loan execution amounts for the fi...

South Korea's Lotte Rental Co. said on Thursday that it established an overseas subsidiary in Dubai, United Arab Emirates (UAE), to boost the expo...

South Korea’s LG Chem Ltd. has emerged as the world’s fourth chemicals producer, the second Asian company to be among the five largest a...

Samsung SDI Co., the world’s sixth-largest electric vehicle battery maker, saw its second-quarter operating profit plunge from the year-earlie...

South Korean confectionery giant Lotte Wellfood Co. will merge its Indian subsidiaries — Lotte India Co. and Havmor Ice Cream Pvt — to b...

South Korea’s treasury bond yields fell to their lowest points in more than two years, slipping below the 3% level for the first time since Ap...

ULSAN, South Korea -- It looks inevitable that S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., will take a substantial revenue hit from...

South Korean sovereign wealth fund Korea Investment Corporation (KIC) has shortlisted three candidates as the next chief executive officer, who will...

HiteJinro Co., South Korea’s leading soju maker, will likely post its best-ever quarterly profit in the second quarter as the clear distilled ...

Kia Corp., South Korea’s No. 2 carmaker, on Friday posted its highest-ever operating profit margin of 13.2% in the second quarter, more than d...

Hyundai Motor Co. posted its strongest quarterly results in the second quarter, with brisk sales of high-margin models such as hybrid cars and sport...