operating loss

South Korea’s small- and mid-sized brokerage houses have begun their workforce reductions ahead of the end of the year. The brokerages are set...

South Korean startup Danggeun Market, the operator of the country’s largest neighborhood marketplace app Karrot, is ramping up efforts to incr...

South Korea's Coupang CEO Kim Bom-seok has kept his promise, with his online shopping giant posting its first surplus in eight years since introduci...

KT Corp., South Korea’s major telecommunications firm, posted 1.5 trillion won ($1.1 billion) in cumulative operating profit for the first thr...

Indonesia was the destination for Lotte Group Chairman Shin Dong-bin’s first overseas business trip in August, after being granted a special p...

Korea's POSCO International, the trading arm of POSCO Group, on Friday formally merged with POSCO Energy, which handles liquefied natural gas (LNG) ...

Korean Air is flying high after breaking its quarterly record for the second time this year thanks to growing profits from passenger flights as well...

Consumption of ginseng and red ginseng (hongsam) can improve memory capacity and prevent high blood pressure, diabetes and muscle loss, according to...

Korea Hydro and Nuclear Power Co. (KHNP) signed an initial agreement for a nuclear power plant in Poland, paving the way to win an expected $30 bill...

Samsung SDI Co., the world’s sixth-largest electric vehicle battery maker, reported a higher operating margin than that of the global leader C...

POSCO Chemical Co., a unit of South Korea’s steel giant POSCO Holdings Inc., on Monday posted record revenue and operating profit in the third...

When Hotel Shilla Co. CEO and Samsung Group heiress Lee Boo-jin said in a shareholders’ meeting in March that the Korean hotel company will br...

Daegu-based startup DRIMAES is poised to develop and mass produce a cloud-based vehicle control platform using San Diego-based semiconductor giant Q...

POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker, missed market estimates for its quarterly profit as last mo...

Hyundai Motor Co. and its affiliate Kia Corp., South Korea’s top two automakers, plan to reflect 2.9 trillion won ($2 billion) more in quality...

South Korean luxury e-commerce platform operator Balaan Co. will complete the attraction of 25 billion won ($17.3 million) in investment in a Series...

Bank KB Bukopin, South Korean bank KB Bank's Indonesian subsidiary, is set to raise capital by issuing 8.44 trillion rupiah ($550.6 million) in new ...

South Korea’s chemicals-to-defense conglomerate Hanwha Group needs to look ahead and prepare for the next century, its Chairman and CEO Kim Se...

South Korean builder Hanwha Engineering & Construction Co. has aborted a $10 billion project to build a Bismayah new city in Iraq after failing ...

South Korea’s three major shipbuilders have regained the world’s No. 1 title in terms of ship orders and are expected to swing to profit...

Korea Credit Data (KCD), a South Korean data solutions provider for small business owners, has become a Korean unicorn, or an unlisted company with ...

A weaker South Korean won currency has become a double-edged sword to Doosan Group’s affiliates. Construction equipment maker Doosan Bobcat is...

SILICON VALLEY – Samsung Electronics Co. said on Monday it will adopt the industry’s most advanced 1.4-nanometer chip production technol...

Naver Corp. is set to take over US Poshmark Inc. for some $1.6 billion to make inroads into the e-commerce sector in North America as South Korea&rs...

NAND flash memory chip prices are expected to sustain a double-digit decline in the fourth quarter of this year due to oversupply and waning demand,...

Hanwha Group’s agreement to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering (DSME) Co. for 2 trillion won ($1.4 billio...

DL Chemical Co., the petrochemical arm of South Korean conglomerate DL Group, is forecast to post robust third-quarter results despite sluggish sa...

South Korean fashion business operator SBW Group is joining the race to acquire global leading textile firm The Lycra Company, investment banking so...

Samsung Electronics Co., South Korea’s tech behemoth, agreed to supply 5G telecommunication equipment to US media giant Comcast Corp.Samsung s...

Korea Advanced Institute of Science and Technology (KAIST), South Korea's most prestigious national research university, and New York University wil...