record-high sales revenue

At the end of last year, executives of Kumho Petrochemical Co. were in a heated debate on whether or not to expand the capacity of nitrile butadiene...

Credit Suisse Group AG has appointed two South Koreans as new managing directors (MD) for its Seoul office. Shim Jong-min and Kim Sei-won were promo...

Korean Air Lines Co. is expected to benefit from China’s ban on conversion of airliners into freighters since the measure is likely to further...

Hyundai Motor Group’s major auto brands have won a record number of top global awards and industry accolades this year in recognition of its e...

Starbucks Korea's sales are on course to exceed 2 trillion won ($1.7 billion) this year, the largest-ever annual revenue for a coffee franchise oper...

US-listed chipmaker Magnachip Semiconductor Corp. and Chinese private equity firm Wise Road Capital terminated their $1.4 billion buyout agreement...

South Korea’s exports have reached an all-time high thanks to strong overseas demand for key products such as semiconductors amid the global e...

In August, a Morgan Stanley report on the semiconductor industry, “Winter is coming,” fueled debate on whether chip prices were peaking ...

Kimchi exports hit record high Kimchi, Korea’s traditional fermented food, is raising its status in the global food market. Korea exported $1...

South Korea’s textile sector is reviving as a high value-added growth business with advanced technology. The business, once a leading industry...

South Korea’s three major shipbuilders have swept global orders for LNG carriers, more profitable than oil tankers and container ships, amid s...

South Korea is building a smart farm in the Middle East desert with technology enabling the growth of various crops while minimizing water consumpti...

South Korea's current account surplus in October narrowed by 40% from a year earlier, with the rapid rise in crude oil and raw material prices offse...

South Korea’s gross national income (GNI) per capita is expected to surpass $35,000 to a record high this year on strong economic growth, surg...

Japanese companies operating in South Korea are making a comeback after being hit hard by a campaign that began in mid-2019 to boycott Japanese prod...

South Korea’s corporate sector has seen record deals through mergers and acquisitions, tie-ups and spin-offs this year, as big companies and s...

South Korea’s parliament on Dec. 3 approved a record $515 billion spending for 2022 to support a recovery in Asia’s fourth-largest econo...

Halla Group’s newly-launched autonomous driving solutions subsidiary HL Klemove targets 4 trillion won ($3.4 billion) in revenue by 2030 by ac...

Hyundai Motor Co.’s premium car brand Genesis and its affiliate Kia Corp. have logged record sales in the US so far this year, helping Hyundai...

KTB Network Co., South Korea's first-generation venture capital firm, priced its public offering price at the bottom of the guidance range as the re...

South Korea’s POSCO Chemical Co. said on Thursday it is forming a new joint venture with US top automaker General Motors Co. to produce cathod...

South Korea’s exports in November exceeded $60 billion for the first time in terms of monthly shipments to an all-time high, although caution ...

Japan's Aeon Co. has received preliminary bids for its wholly-owned subsidiary of Ministop Korea, which is estimated at around 200 billion won ($170...

Last week, a piece of non-fungible token art by digital artist Jang Koal was sold for more than 3.5 bitcoin or around 200 million won ($168,314) on ...

CVC Capital and Goldman Sachs Principal Investment Area (PIA) are among the shortlisted investors in South Korea's over-the-top (OTT) streaming serv...

Now it is time to invest in e-commerce, healthcare and multifamily housing, or the so-called three megatrends, which have increased in demand during...

IGIS Asset Management Co., South Korea’s largest real estate asset manager, was ranked as the world’s second-largest asset management ...

Financial shares related to the metaverse and non-fungible tokens, which have been on a surge in recent weeks, are seeing a correction. With forei...

Hyundai Motor Co. has unveiled an electric variant of the GV70, a premium SUV under its standalone Genesis brand, for the first time globally at a C...

South Korean stocks related to secondary batteries, especially shares in cathode and anode materials producers, have rallied on strong growth in the...