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South Korea’s top and third-ranked food delivery apps, Baedal Minjok (Baemin) and Yogiyo, saw their biggest-ever monthly drops in transaction ...

Meritz Financial Group Inc., South Korea’s second-most valuable financial holding firm, has dropped its bid to acquire financial distressed MG...

Hanmi Semiconductor Co. on Thursday announced a plan to retire 130.0 billion won ($90 million) worth of treasury shares in May, marking its largest-...

K Bank, a South Korean online lender, said on Wednesday it has again canceled its initial public offering plan amid the languid stock market an...

South Korea’s foreign exchange reserves shrank to a five-year low at the end of last year after the country’s foreign exchange authoriti...

Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund, dropped the sale of a landmark building in Seoul due to t...

South Korea’s top resort operator Sono International Co. is seeking an initial public offering of its shares on the Korean market next year, r...

Korea Zinc Inc., the world’s top lead and zinc smelter, on Wednesday withdrew its 2.5 trillion won ($1.8 billion) rights issue as the move to ...

MSCI announced on Wednesday that South Korea's Hyundai Rotem Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index. ...

Viva Republica Inc., a leading South Korean fintech unicorn and operator of mobile financial super app Toss, has dropped its plan to go public in th...

Hyundai Motor Co. on Thursday reported its worst quarterly profit margin for this year, despite delivering its highest-ever revenue for a third quar...

K Bank, a South Korean online bank, has postponed its initial public offering (IPO) plan to list on the main bourse Kospi later this month.The digit...

South Korea’s top four banks saw a significant drop in their overseas earnings in the first half as they focused more on domestic businesses s...

The only son of LX Pantos Co.’s late founder has unloaded his additional shares in the company to South Korean logistics-to-trading conglomera...

Mobility, financial services and biotech companies have elbowed out battery and entertainment stocks in the KEDI Innovator ESG 30 Index in an annual...

South Korean game developer Neowiz has sold its fan engagement platform unit, joining the moves by local IT giants such as Naver Corp. to pull out o...

In the second quarter of this year,  the market share of Samsung Electronics Co. in the South Korean smartphone market slightly increased, whil...

South Korea's LS Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index, MSCI announced on Tuesday.MSCI Inc. reba...

KT Corp., South Korea’s No. 1 telecom service provider, on Friday reported a 14.3% drop in second-quarter operating profit despite steady reve...

Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., reported a sharp decline in second-quarter earnings on Wednesday d...

South Korean e-commerce companies have seen a sharp decline in series A funding over the past three years amid intensifying competition with Chinese...

Samsung SDI Co., the world’s sixth-largest electric vehicle battery maker, saw its second-quarter operating profit plunge from the year-earlie...

Early stage startup funding has plummeted in South Korea as venture capitalists shifted to late-stage venture firms with stable business models amid...

South Korea’s No. 2 petrochemicals manufacturer Lotte Chemical Corp. is set to more than halve its basic chemicals business by 2030 in its por...

Asian private equity firm MBK Partners has dropped out of a plan to back 300 billion won ($217.9 million) for South Korean budget airline Air Premia...

Hyundai Motor Co. and Kia Corp., under Hyundai Motor Group, suffered a drop in US car sales last month for a second month in a row, while rising sal...

The combined net profit at South Korea’s four largest financial services firms, including KB Financial Group, are estimated to have dropped ne...

The market growth of South Korea’s traditional milky and often sweet rice wine, makgeolli, has slowed after the country’s younger genera...

The credit rating of E-Mart Inc., South Korea’s top hypermarket chain operator, was downgraded to AA- by local agency NICE Information Service...

South Korea’s savings banks turned to the red after nine years in 2023 as they put aside heavy reserves on future loan losses, with their loan...