record sales

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...

South Korea’s top automaker Hyundai Motor Co. on Monday posted its highest-ever quarterly sales, driven by pricey sport utility vehicles and p...

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...

South Korea is poised to post a trade deficit for the seventh straight month in October, which would mark the longest period of shortfalls in 25 yea...

Hyundai Motor Co., South Korea’s top automaker, will increase production of hybrid models by some 15% next year to focus on the popular segmen...

CAMBRIDGE, MA – The COVID-19 coronavirus disease has been a curse for many people and companies around the world over the past couple of years...

US private equity giants The Carlyle Group and Kohlberg Kravis Roberts & Co. (KKR) may have to give up on their acquisition plans of Medit Corp....

Samsung Electronics Co., the world’s top memory chipmaker, missed third-quarter earnings estimates on the weak semiconductor business and its ...

South Korea’s telecom giant KT Corp. is rebranding its IPTV service Olleh TV as Genie TV as part of its efforts to transform into a media port...

SoftBank Group Corp. CEO Masayoshi Son, who also goes by the Korean name Son Jeong-ui, arrived in South Korea on Saturday. When asked about the purp...

Samsung Electronics Co., the world’s largest memory chipmaker, has slashed its outlook for second-half semiconductor sales revenue by a third ...

South Korea’s three largest companies by market cap -- Samsung Electronics Co, LG Energy Solution Co. and SK Hynix Inc. -- were heavily short ...

Celltrion Inc. secured Japan’s approval for sales of its cancer treatment biosimilar CT-P16, a move to help the South Korean biopharmaceutical...

London-based global alcoholic beverage company Diageo plc announced Tuesday it plans to revoke the domestic management rights of the Windsor whisky ...

South Korea’s main bourse Kospi dropped 1.81% to finish at 2,290.00 on Sept. 23, hitting a new low closing for the year amid growing woes over...

South Korea’s credit card company Lotte Card Co. is slated to sell its subsidiary Loca Mobility Corp., the second-largest public transportatio...

South Korea’s home appliance giant LG Electronics Inc. and mobile carrier LG Uplus Corp. will join forces to expand their service robot busine...

Seoul-based private equity firm Hahn & Co. has won a legal battle against South Korea’s Namyang Dairy Products Co.’s owner family, w...

South Korean defense makers showcased next-generation products with artificial intelligence, robot and stealth functions for the future battlefiel...

SK Inc., KEPCO Co. and GS Caltex Corp. are the only South Korean firms among the 77 energy companies listed on the 2022 Fortune Global 500, based on...

POSCO, the world’s sixth-largest steelmaker, has predicted sales to fall by $1.5 billion as a typhoon disrupted one of its plants in South Kor...

The price of napa cabbage continues to soar in South Korea. Hit by heavy rainfall during its harvest season, Gangwon Province suffered from a l...

The South Korean won extended its losses to hit its weakest level since the 2008-09 global financial crisis on Wednesday, pressured by higher-than-e...

South Korea’s Hanmi Pharmaceutical Co. said on Tuesday that Rolontis, an anti-cancer drug it has jointly developed with its US partner, has ob...

SK Bioscience Co., the biopharmaceutical unit of South Korea’s No. 2 conglomerate SK Group, sought approval from the World Health Organization...

Samsung Display Co. is expected to report its strongest results for the current quarter, after the South Korean OLED panel maker sharply increased s...

Fans of K-pop idols such as boyband sensation BTS and girl group Blackpink will be able to enjoy their live performances through smart TVs at home a...

South Korea’s electronics companies are launching tablet PCs with niche targets as the global tablet market has shrunk for four consecutive qu...

Hyundai Motor Co. and Kia Corp. saw their monthly car sales rise to record highs in the US where carmakers will soon be ineligible for state subsidi...

South Korea logged a record monthly trade deficit in August with the longest spree of shortfalls in more than 14 years, while domestic consumption, ...