price cut

The South Korean steel industry’s top executives are anticipating a perfect storm amid the global push for carbon neutrality and supply chain ...

South Korea's Samsung Heavy Industries Co. has sold its four undelivered drillships to a domestic private equity fund for a combined 1.04 trillion w...

Naver Corp., South Korea’s dominant online platform, will focus on cutting costs and reducing new hiring to improve profitability as its disap...

LG Household & Health Care Ltd. has acquired a controlling stake in The Crème Shop Inc. as it seeks to expand its presence in the US beau...

A consortium led by LG Energy Solution Ltd., the global No. 2 electric vehicle battery maker, will invest $9 billion in a battery value chain in Ind...

South Korean companies’ production in Shanghai is expected to remain disrupted long on the lockdown to curb the spread of COVID-19, raising co...

South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-time high revenue an...

South Korea’s HYBE Co. plans to accelerate the development of its game business by separating the unit as the entertainment giant aims to cut ...

Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, is expected to continue to benefit from the strong earnings of its Brazilian u...

South Korea’s Hanmi Pharmaceutical Co. generated sales of more than 1 trillion won ($812.3 million) from its own medicines last year on strong...

South Korean brokerage companies have been criticized for inflating corporate value and IPO prices to boost their underwriting fees. Now they are un...

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, reported a lower-than-expected decline in quarterly profit...

South Korea’s instant noodle stocks, such as Ottogi Co., Nongshim Co. and Samyang Foods Co. are rebounding amid expectations of performance im...

South Korea’s initial public offerings are seeing lackluster investor interest in bookbuildings this year. Drops in some recent public offerin...

South Korea’s major companies are drastically cutting their capital spending as heightened macroeconomic risks coupled with growing external u...

Bitcoin mining hit a 19 million milestone in recent days, leading to a jump in its price. Tokyo-based SBI Crypto Co., under the parent company ...

The increase in the price of carbon emission rights is dealing another blow to South Korean companies reeling from soaring raw materials and logisti...

China’s leading battery makers are actively advancing into overseas markets with plans to build manufacturing factories close to their clients...

Foreign investors in March sold a net 4.84 trillion won ($3.97 billion) worth of shares on South Korea's main bourse Kospi, their highest-ever mon...

South Korean exporters such as Hyundai Motor Co. and Kia Corp. are jittery as the country’s won currency hit its strongest level versus the Ja...

Global TV prices rose by a third last year and are expected to continue their uptrend this year, which could be a boon for the world’s two lar...

Seven out of 10 South Korean companies predict they will swing to operating losses if global oil prices soar to $150 a barrel, a survey showed on Su...

South Korea’s shipbuilders targeted demand for new vessels and ship modification as tougher environmental regulations are scheduled to take ef...

South Korea’s nominee for its new central bank governor stoked expectations that the Bank of Korea may raise interest rates less than predicte...

South Korea’s largest container line HMM Co. has seen its shares trapped in a boxed range over the past few months despite its spectacular ear...

Fourteen out of the 17 South Korean companies that made a stock market debut between March 2021 and February of this year are trading below their cl...

Shares in LG Innotek Co., a major camera module supplier for Apple iPhones, climbed to a record high on Monday, in stark contrast to the flat wider ...

Shares in South Korean cement suppliers have performed well in a rangebound market, despite soaring prices of bituminous coal, their raw material.Co...

Hyundai Motor Co.'s car exports to Russia have dwindled by nearly half in the latest indication that global automakers are feeling the pinch due to ...

South Korea’s non-ferrous metal smelters such as Korea Zinc Co. and Poongsan Corp. are set to benefit from rising prices of raw materials in t...