operational direction

Kia Corp., the smaller sibling of South Korea’s largest automaker Hyundai Motor Co., presented a rosy earnings outlook for the second quarter ...

Direct lending, which has topped South Korean institutional investors’ private debt strategies for years, has become even more popular amid risi...

Steel giant POSCO has joined the ranks of South Korea’s top five conglomerates for the first time, supported by strong earnings from its recha...

South Korea's LG Electronics Inc. is strengthening its direct-to-consumer (D2C) strategy and expanding its lineup of low- to mid-priced products to ...

Hankook Tire & Technology Co., South Korea’s largest tire maker, will cut its workforce at the fire-hit production complex in Daejeon thro...

Hyundai Motor Co. is seeking various ways to make its electric vehicles sold in the US qualify for tax credits after its Electrified GV70 was denied...

South Korea's Celltrion Healthcare Co. on Monday said it launched on the US market Vegzelma, a biosimilar of Bevacizumab, a medication for colorecta...

South Korea’s online fashion platform Musinsa saw sales last year surge over 50% to break the 700 billion won ($537.7 million) mark, though op...

Concerns are growing about the financial health of South Korean luxury fashion e-commerce platform operator Balaan Co. after its net loss doubled on...

South Korea's state-run railway companies Korea Railroad (KORAIL) and Korea National Railway (KR) announced on Thursday that they had met with repre...

South Korea needs to nurture its materials, parts and facilities industries to keep competitiveness in the semiconductor sector, said the chief exec...

South Korea's airlines are opening their hiring doors wide open with the resumption of international flights amid demand for overseas travel recover...

Nudge Healthcare, a startup that runs the South Korean health management app Cashwork, on Wednesday said it secured its first investment of 30 billi...

Paradise Co., a major South Korean resort and casino operator, is taking big steps towards a full comeback this year from the pandemic shock, with a...

South Korean low-cost airlines have started expanding their flight routes. It is based on the expectation that there will be a significant incre...

LG Electronics Inc. is expected to report solid earnings for the second quarter after its first-quarter operating profit beat market expectations an...

South Korea's National Pension Service (NPS) has increased its stake in Lotte Tour Development Co. to 6.07%, according to an announcement by Lotte T...

South Korea's Cabinet on Tuesday passed a bill on the launch this year of the nation's own version of the US National Aeronautics and Space Administ...

Hyundai Motor Group Chairman Chung Euisun on Tuesday urged its US operations to work harder after its two automaking units, Hyundai Motor Co. and Ki...

South Korean kitchen automation system developers are eyeing the US as their next key market as demand for automated restaurant operating systems in...

VIP Asset Management Co., a leading South Korean asset manager, said on Friday it is launching a new mutual fund, and its managers won’t take ...

LIG Nex1 Co. and Republic of (South) Korea Air Force Academy have agreed on close cooperation in joint research on defense technology and personnel ...

LG Chem Ltd. has broke ground on a plant for pyrolysis and aerogel, a material for next-generation insulation in Seongmun National Industrial Comple...

South Korea's global e-commerce platform Cafe24 Corp. announced on Tuesday the launch of a new page called "Cafe24 Enterprise Service," which is des...

South Korean low-cost airline Eastar Jet Co. has recommenced commercial operations after a three-year suspension, with a flight from Gimpo to Jeju t...

KB Kookmin Bank and Hana Bank led weaker earnings of the four largest South Korean lenders’ overseas units last year although their rivals Shi...

South Korea's Oasis Corp., a grocery delivery platform specializing in early morning shipments, on Tuesday said it posted last year operating profit...

BGF Retail, the operator of South Korea’s largest convenience store chain CU, said on Thursday that it had signed a memorandum of understandin...

Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, is slated to enter the US me...

Hyundai Steel Co. has decided to sell its Beijing arm, worth 400 billion won ($310 million) in asset value, hit by declining sales of its affiliates...