profitability-oriented selective ordering

Woori Financial Group, South Korea’s fourth-largest financial holding company, logged growth in a quarterly net profit as larger interest rate...

Tighter environmental rules and higher energy prices are providing tailwinds for South Korean shipbuilders, which have swept orders for eco-friendly...

South Korea's leading auto parts supplier Hyundai Mobis announced that it will win $1 billion this year in China, the world's largest electric veh...

South Korea’s commercial banks usually post decent earnings driven by high interest income when the country’s policy interest rates are ...

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...

South Korea’s Supreme Court on Thursday reaffirmed the country’s largest-ever penalty of 1.03 trillion won ($800 million) imposed on Qua...

Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding intermediate holding company of South Korea's HD Hyundai Group, announced on Th...

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 Ministry of SMEs and Startups on Thursday said it launched an online export package program of extensive support for the entire proces...

Tesla Inc.’s South Korean business has been worsening in recent months due to the lack of new models launched in the country amid Seoul’...

South Korea's LG Chem Ltd. on Wednesday said it signed a memorandum of understanding with Hanyang University on industry-academic cooperation in bat...

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

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday its first-quarter operating profit likely more than doubled,...

South Korea's health and beauty store chain operator CJ Olive Young Co. announced on Thursday that it will introduce its K-beauty curation service c...

Korean shipbuilders were outstripped by China in shipbuilding orders and backlogs last month, according to UK-based shipping industry specialist Cla...

LS Electric Co. announced on Tuesday that it has secured a contract for a £73.6 million ($93.5 million) energy storage system (ESS) project in...

South Korean researchers have developed international standards for drone communication, solving the problem of drones being unable to exchange info...

Hyundai Motor Co. will likely emerge as South Korea’s top profit maker in the first quarter, driven by robust sales of pricey cars, pushing pa...

South Korea's shipbuilder Samsung Heavy Industries announced on Monday that it had won a contract worth 674.5 billion won ($512.3 million) to build ...

Woowa Brothers Corp., the operator of South Korea’s top food delivery app, posted a record profit in 2022, which also marked its first profit ...

Hyundai Mipo Dockyard Co., a subsidiary of HD Hyundai Group's shipbuilding division, has secured a construction contract for four medium-sized PC (p...

LG Display Co., the world’s top manufacturer of large-size organic light-emitting diode (OLED) panels, is set to focus on the automotive scree...

South Korea’s National Pension Service (NPS), one of the world’s largest pension funds, is slated to establish a committee to improve th...

Kia Corp.’s second all-electric sport utility vehicle EV9 made its global premiere virtually on Tuesday, boasting a target driving range of 54...

The Chevrolet Trax Crossover, a utility vehicle mass produced by General Motors Korea, is soon expected to exceed 10,000 preorders amid greater-than...

South Korea’s LG Electronics Inc. and POSCO Future M said on Sunday that they won annual supplier awards from US top automaker General Motors ...

Brokerage firms in South Korea, led by Mirae Asset Securities Co., suffered a 50% plunge in net profit in 2022, as dwindling trading fees outweighed...

South Korean power plant builder Doosan Enerbility Co. has secured a series of contracts in Central Asia, including orders in Uzbekistan and Kazakhs...

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

Korea Western Power Co. (KOWEPO) has won its country's first project in solar power generation in Oman.The company on Tuesday announced its successf...