record sales

Aju Hotels & Resorts Co., a hospitality firm under Korean conglomerate Aju Group, has sold its San Jose-based hotel to an affiliate of US hosp...

Hyundai Motor Co. said on Tuesday it will spend a record 9.2 trillion won ($7.7 billion) this year to ramp up facilities for electric cars and other...

Korean companies raised capital of 231.5 trillion won ($193.2 billion) through stock and bond issuance in the domestic market in 2021, according t...

Plastics rise as Korean SMEs’ main export Many Korean small and medium enterprises performed exceptionally amid the economic recovery in 2021...

A Korean consortium led by IGIS Asset Management Co. and Shinhan Global Investment Banking (GIB) has signed a contract with a US asset manager to se...

Hyundai Motor Group’s major auto brands have won a record number of best car awards by the U.S. News & World Report in recognition of thei...

South Korean companies are ramping up their local bond issuances to finance expansion into low-carbon and contactless platform businesses, with stro...

Netflix Inc. plans to release 10 additional Korean-language originals this year as the smash success of Squid Game has impelled the world’s to...

The total deal volume of Seoul metropolitan area-based grade-A logistics centers hit a record high of 7.2 trillion won ($6.1 billion) last year. A g...

Hyundai Capital Services Inc., a financial services subsidiary of Hyundai Motor Group, and CGI Finance, a unit of Societe Generale Group, have launc...

Affinity Equity Partners is set to send an investment teaser this week for the planned sale of Burger King’s operations in South Korea and Jap...

Korean Air Lines Co. and Asiana Airlines Inc. are wary of the fate of their proposed merger after the European Union blocked the combination of Sout...

Hyundai Motor Co. said on Thursday it aims to triple the global sale of the Genesis G90 over the next couple of years by launching the flagship luxu...

LG Energy Solution Ltd., the world’s second-largest battery maker, has set a new record for an initial public offering with demand for its sha...

POSCO Co., the world’s sixth-largest steelmaker, reported record earnings in 2021, adding to the bullish outlook, as China sustained a policy ...

WeMade Co., a South Korean video game developer, has come under criticism for the massive unnoticed selling of its cryptocurrency WEMIX, allegedly i...

Hyundai Motor Co.'s US manufacturing plant in Montgomery, Alabama is the world’s second most productive assembly plant, contributing to the So...

South Korea's leading edutech service firm has put The Princeton Review up for sale, five years after it acquired the US college test preparation se...

Hyundai Motor Co., South Korea’s top automaker, aims to sell half of the cars in the US with eco-friendly models by 2030, increasing sales of ...

Short selling on the Korean stock market is soaring rapidly on concerns over the US Fed Reserve’s interest rate hike. Particularly, a large ...

Samsung Electronics Co. on Friday reported a 52.5% jump in preliminary fourth-quarter operating profit from a year earlier, powered by replacement d...

South Korea’s top automaker Hyundai Motor Group beat Japanese rival Honda Motor Co. in the US last year, for the first time in its 35 years of...

The Export-Import Bank of Korea (KEXIM) is planning to sell up to $3 billion worth of new global bonds this week, tipped to be the largest-ever bond...

Hana Alternative Assets Management Co. is looking for a buyer of Two Independence Square in Washington D.C., the NASA headquarters. Hana has selecte...

South Korea’s top automaker Hyundai Motor Group on Monday set out its vision to be a top-tier eco-friendly auto brand with its focus on electr...

South Korea’s steel output last year was estimated to have topped 70 million tons as the industry enjoyed a steel supercycle for the first tim...

South Korea’s exports last year hit a record on strong sales of key products such as semiconductors, automobiles and petrochemicals.Exports su...

South Korea’s initial public offering market is expected to set a record in 2022, heating up from the start of the year as LG Energy Solution ...

South Korea’s retail investors on Tuesday dumped 3.16 trillion won ($2.7 billion) worth of shares on the country’s two main stock market...

Affinity Equity Partners has chosen Goldman Sachs as its adviser for the planned sale of its entire stakes in Burger King’s operations in Kore...