mounting loss

South Korea’s top supermarket chain E-Mart Inc. announced on Thursday that it provisionally recorded a consolidated operating loss of 46.9 bil...

South Korea’s major battery materials company EcoPro Co. saw last year’s operating profit halved from the previous year after a steeper-...

Less than five years ago, Invossa, a cell and gene therapy for osteoarthritis, was expected to hit the global market with great fanfare.Developed by...

Samsung Electronics Co., the world’s top memory chipmaker, decided not to pay annual bonuses to staff of its semiconductor business due to the...

South Korean investors have already suffered about 230 billion won ($171 million) losses from their investments in equity-linked securities (ELS) ti...

Samsung Electronics Co., the world’s largest maker of memory chips, smartphones and TVs, said on Tuesday its chip business losses significantl...

South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, has decided to exit the money-losing container shipbuilding busin...

South Korea’s National Pension Service (NPS) enjoyed record assets and profit in 2023 as the world’s third-largest pension fund reported...

Shin Yoo-yeol, the eldest son of Lotte Group Chairman Shin Dong-Bin, was promoted to lead the group’s new division to be launched within its h...

Korea Investment Corp. (KIC) posted a 7.12% return on total asset investments in the first eight months of this year, recouping about 40% of last ye...

Hyundai Group's chairwoman on Friday resigned from the board of its elevator unit, whose No. 2 shareholder is Schindler Holding AG, amid mounting sh...

South Korea’s LG Electronics Inc. is readying to enter the US electric vehicle charger market with the launch of EV chargers in the first half...

SK Hynix Inc., the world’s No. 2 memory chipmaker, on Thursday reported its fourth straight quarterly loss, but narrowed the shortfall thanks ...

LG Display Co. said on Wednesday it will likely turn a profit in the fourth quarter of this year, snapping its losing streak of the past six quarter...

South Korean shipbuilder Samsung Heavy Industries on Tuesday revealed its latest invention Special Structure Anti-Container Loss (SSA-CL), using its...

Samsung Electronics Co., the world’s largest maker of memory chips, smartphones and TVs, said on Wednesday it likely posted a 78% drop in it...

South Korea's LG Uplus Corp. and Hanwha Corporation/E&C, a construction unit of Hanwha Corp., announced on Monday that the development of their ...

Samsung Electronics Co., the world’s top smartphone maker, may use Qualcomm Inc.’s new application processor (AP) for the top-end model ...

South Korea’s near-monopoly power company Korea Electric Power Corp. (KEPCO) is expected to raise electricity rates and lessen its outsized re...

Samsung Electronics Co. announced on Wednesday that it is conducting research in collaboration with the University of Michigan to enhance fitness fe...

National Pension Service (NPS) of South Korea achieved a 9.1% return on investment during the first half of this year, with assets under management ...

Some South Korean institutional investors may see significant losses on their investment in a hotel in the heart of New York as the developer has de...

South Korea's JW Pharmaceutical announced on Monday that its experimental hair loss drug, JW0061, has been selected for a two-year funding program b...

South Korea’s Lotte Chemical Corp. has divested all shares it owns in Chinese joint venture Lotte Sanjiang Chemical Co., according to people f...

South Korea’s Hyundai Steel Co. has sold its subsidiary in Chongqing, China to further scale back Chinese operations as it loses ground to low...

SK Hynix Inc., the world’s second-largest memory chipmaker, supplied DRAM chips with the industry’s largest capacity for mobile devices ...

SK Hynix Inc.'s latest mobile DRAM chip LPDDR5T is expected to be mounted on MediTek Co.’s next-generation mobile application processor (AP) c...

 South Korea’s Lotte Chemical Corp. has posted an operating loss for a fifth straight quarter due to sluggish petrochemical demand.The co...

Samsung Electronics Co. reaffirmed the recovery in the global chip market in the latter half of this year after confirming a downward trend in memor...

GS Engineering & Construction Co., South Korea’s major construction firm, posted a quarterly operating loss in the April-June period for t...