sweat loss estimates

Toughened COVID-19 testing requirements on Chinese travelers will likely dent hopes for South Korea's low-cost airlines to recover from three years ...

The Hyundai Motor Group is aiming to boost sales by 10% this year from 2022, above an estimated single-digit growth in the global automotive market....

South Korea’s National Pension Service (NPS), the world’s third-largest such fund, is poised to report an annual loss in 2022 for the fi...

South Korea's LG Innotek said on Thursday it will unveil its high-magnification optical camera module with continuous zoom next month at CES 2023, t...

China’s Dajia Insurance Group Co. seeks to divest of a full stake in its South Korean subsidiary ABL Life Insurance Co. with an estimated valu...

South Korea’s manufacturing sector faces ballooning losses across industries as the trucker strike entered its eighth day on Thursday, disrupt...

National Pension Service (NPS) of South Korea said Tuesday it saw a cumulative loss of 7.1% on investment, or 68 trillion won ($51.3 billion), betwe...

Sandbox Network, Inc. announced on Sunday that it will go through corporate restructuring and encourage employees to voluntarily resign, hit by cont...

More South Korean exporters suffered massive losses from foreign exchange derivatives on a weaker won, failing to benefit from the unit’s depr...

South Korea’s Iljin Display Co. has suspended procedures of selling its 43.19% stake with management rights, the junior bourse Kosdaq-listed d...

Korea Electric Power Corp. (KEPCO), the state-run utility, is set to suffer a record operating loss this year with a shortfall mounting to the secon...

South Korea’s small- and mid-sized brokerage houses have begun their workforce reductions ahead of the end of the year. The brokerages are set...

Consumption of ginseng and red ginseng (hongsam) can improve memory capacity and prevent high blood pressure, diabetes and muscle loss, according to...

POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker, missed market estimates for its quarterly profit as last mo...

South Korean mid-sized petrochemical company Jaewon Industrial Co. is looking to attract pre-IPO investment, according to investment banking sources...

South Korean luxury e-commerce platform operator Balaan Co. will complete the attraction of 25 billion won ($17.3 million) in investment in a Series...

Bank KB Bukopin, South Korean bank KB Bank's Indonesian subsidiary, is set to raise capital by issuing 8.44 trillion rupiah ($550.6 million) in new ...

South Korean builder Hanwha Engineering & Construction Co. has aborted a $10 billion project to build a Bismayah new city in Iraq after failing ...

South Korea’s three major shipbuilders have regained the world’s No. 1 title in terms of ship orders and are expected to swing to profit...

South Korea’s airlines, already slammed by a weaker won currency and rising interest rates, are expected to suffer more from global major oil ...

A weaker South Korean won currency has become a double-edged sword to Doosan Group’s affiliates. Construction equipment maker Doosan Bobcat is...

NAND flash memory chip prices are expected to sustain a double-digit decline in the fourth quarter of this year due to oversupply and waning demand,...

Hanwha Group’s agreement to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering (DSME) Co. for 2 trillion won ($1.4 billio...

The South Korean won rebounded on Friday as the foreign exchange authorities were suspected of selling some $2 billion, showing its determination to...

The Frieze Art Fair’s first Asia exhibition in Seoul attracted big crowds of VIP collectors and general art lovers from across South Korea thi...

South Korean private equity firms are set to take over NexFlex Co., the country’s largest manufacturer of flexible copper-clad laminates (FCCL...

South Korea’s headline inflation eased in August for the first time in seven months on a slower rise in oil prices, but the central bank is st...

South Korea plans to reduce spending in 2023 for the first time in 13 years by cutting pandemic-era stimulus payments in a move to curb the country&...

National Pension Service (NPS) of South Korea had an 8% negative return during the first half of 2022, its investment management arm announced on Au...

Hyundai Elevator Co., South Korea’s No. 1 elevator producer, swung to a quarterly operating loss for the first time since it was listed on the...