shipping costs

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

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

Shares of both Lotte Confectionery and Lotte Food rose more than 5% Thursday on expectations of synergy effects from their upcoming merger. A d...

The ongoing war in Ukraine and tougher emission standards are creating a new market for shipbuilders: converting aged liquefied natural gas (LNG) ca...

International sanctions on Russia over its invasion of Ukraine are set to have a material impact on South Korea’s three largest shipbuilders, ...

South Korea’s Hyundai Heavy Industries Holdings Co. targets Saudi Arabia’s project for new escort ships worth up to $2.5 billion. The wo...

The share prices of the world’s two largest memory chipmakers Samsung Electronics Co. and SK Hynix Inc. each have room to rise by about 50% ov...

Samsung Electronics Co. and LG Electronics Inc., South Korea’s two major exporters, are jittery about global shipping lines’ decision to...

South Korean companies are expected to pay more for fundraising as Russia’s invasion of Ukraine has chilled investor sentiment on corporate bo...

Hyundai Glovis Co., the world’s second-largest car shipping company, aims to top the industry with an expansion of its fleet, specializing in ...

South Korean power utility KEPCO Co. reported its largest-ever operating loss of nearly 6 trillion won ($5 billion) in 2021, after it froze the elec...

Samsung Electronics Co., Hyundai Motor Co. and other South Korean companies are on high alert as Russia launched a military attack in Ukraine.They a...

South Korea’s central bank expects consumer inflation to hit an 11-year high this year as oil prices jumped above the $100 a barrel level for ...

South Korea's LG Electronics Inc. said on Wednesday it has decided to close its solar panel business in the face of deepening competition and sluggi...

South Korea's NCSoft Corp., the publisher of the popular mobile game Lineage series, on Tuesday reported a worse-than-expected operating profit in 2...

South Korean companies suffered from surging financing costs as corporate bond yields shot to eight-year highs. Affiliates of major conglomerates wi...

South Korea's biopharmaceutical company Celltrion Inc. and diagnostic kit manufacturer Humasis Co. have signed contracts to supply their jointly-dev...

The world’s two largest shipbuilders Hyundai Heavy Industries Group and Daewoo Shipbuilding & Marine Engineering Co. are battling it out t...

LG Electronics Inc. has overtaken Whirlpool Corp. as the world’s top manufacturer of home, kitchen and laundry appliances after posting record...

Samsung Electronics Co.'s spectacular 2021 earnings report on Thursday was overshadowed by its murky business outlook, as the world’s top make...

South Korea’s three leading tire makers joined the global industry’s plans to raise product prices to maintain profitability amid higher...

Korea Shipbuilding & Offshore Engineering Co. (KSOE), Hyundai Heavy Industries Group’s intermediate holding company, has kicked off 2022 w...

Rechargeable battery shares in Korea are continuing their slide, hit by global supply shortages. In addition to the companies that produce completed b...

Hyundai Heavy Industries Group, the world’s largest shipbuilder, is set to showcase its latest and next-generation mobility technology related...

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 wage growth in the third quarter hit its highest point in three and half years, adding to inflationary pressure in Asia’s ...

South Korea’s pharmaceutical giant Celltrion Inc. is set to export its COVID-19 treatment Regkirona to Europe by the end of this year as it se...

Hopes for improving corporate earnings are rising as countries around the world are relaxing their anti-COVID-19 measures, but South Korean companie...

Sindoh Co., South Korea’s top 3D printer maker, unveiled a state-of-the-art 3D printer under its new premium brand fabWeaver as it aims to exp...