operating loss

SKC Inc., a South Korean chemical materials company under SK Group, is seeking to buy semiconductor and rechargeable battery materials companies in ...

Industrial Bank of Korea (IBK) will open an office in Poland in the first half of this year, with analysts saying the bank's president Kim Seong-tae...

NCSOFT Corp., South Korea’s major game developing and publishing company, has recently laid off about 20% of its North American operation, joi...

LG Uplus Corp., South Korea’s third-largest mobile carrier, reported more than 1 trillion won ($814.2 million) in operating profit in 2022 for...

Meritz Securities Co., once a mid-tier securities firm in South Korea, is expected to command the local market as No. 1 after earning more than 1 tr...

South Korea's Hanwha Hotels & Resorts Co., Ltd. said on Wednesday that it has signed a strategic memorandum of understanding (MOU) with Lodgis H...

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it will significantly slash its investment for this year after p...

South Korea's Kakao Mobility has entered Laos under a plan to use the country as a base for the transportation company's operations in Southeast Asi...

LG Electronics Inc., the world’s leading home appliance maker, aims to take profit from the electric vehicle powertrain and car lighting units...

South Korea's transportation company Kakao Mobility on Monday said it concluded a "delivery service business agreement for joint development of the ...

South Korea's National Pension Service (NPS), the world's third-largest pension fund, ranked 10th out of the global 42 state-owned investors by rate...

Taihan Cable & Solution Co. said on Monday that it held a groundbreaking ceremony for its optical cable production unit Taihan Kuwait in the Mid...

Samsung Electronics Co., the world’s largest memory chipmaker, is considering slashing its semiconductor production as the company is heading ...

A-Team Ventures, which runs an online manufacturing platform "Capa," said on Friday that it has raised a Series B funding of 5 billion won ($4.1 mil...

Korea Exchange (KRX) on Thursday said it has received a "Recognized Market Operator" (RMO) license from the Monetary Authority of Singapore (MAS), a...

Lotte Duty Free, an affiliate of the Lotte Group, won a bid for an Australian airport duty-free shop business, accelerating its move to bolster over...

South Korea's startup ReCo, which runs the comprehensive waste collection and transportation service UpBox, on Wednesday said it attracted Series B ...

LIG Nex1 Co. said on Wednesday that it held an "AI Co-Lab" opening ceremony at the Seoul office of the Korea Institute of Robot and Convergence (KIR...

To SPC Group, which hopes to tide over difficulties in the domestic market facing sagging growth potential and troubles caused by a series of safety...

Lotte Tour Development Co. signed on Monday an agreement with Costa Cruise, an Italian cruise line, to charter cruise ships in Dubai, the United Ara...

Integration Inc., which operates specialized platforms for medical personnel such as Traditional Korean Medicine doctors and dentists, has raised 10...

South Korea's Eugene Investment & Securities on Monday cut S-Oil Corp.'s target share price from 140,000 won ($113.5) to 133,000 won due to a lo...

South Korea's derivatives-linked securities that entered the knock-in or loss period due to stock slumps at home and abroad exceeded 1 trillion won ...

Air Busan Co. began operating its first new flight route this year between Busan and Clark, the Philippines, and started a new leap forward in earne...

LG Uplus Corp. announced on Thursday that it would officially kickstart producing original content, following its pilot program about desserts relea...

South Korea's Kolon Mobility Group has been launched with Lee Kyu-ho, the great grandson of the Kolon Group founder Lee Won-man, as co-CEO. Formerly...

Toughened COVID-19 testing requirements on Chinese travelers will likely dent hopes for South Korea's low-cost airlines to recover from three years ...

SK Networks Co., a South Korean general trading firm, said on Jan. 3 it has completed the acquisition of SS Charger Co., a leading electric car char...

South Korea’s National Pension Service (NPS), the world’s third-largest such fund, is poised to report an annual loss in 2022 for the fi...

Kream, a customer-to-customer (C2C) platform for buying and selling limited-edition sneakers, is slated to close the Series C round with a 200 bil...