operating profit 

T'way Air Co. announced on Friday that it will operate a new route between Incheon Airport and Beijing Daxing Airport from Mar. 25 to 30. T'way...

South Korean major banks aim to accelerate their expansions in other countries as their overseas investments paid off with record profits last year ...

South Korea plans to introduce a get-tough e-commerce policy on Chinese platforms such as AliExpress, Temu and Shein amid increasing complaints abou...

South Korea’s KT&G Corp., the world’s leading tobacco maker, is facing challenges in its chief executive appointment as the firm&rsq...

South Korea’s LG Uplus Corp. announced on Tuesday that it will introduce the smart customer support solution artificial intelligence (AI) Call...

SK Signet Inc., South Korea's electric vehicle (EV) charger manufacturer, announced on Thursday that it will supply fast chargers to the site of the...

Key shareholders of South Korea’s IGIS Asset Management Co., one of the largest real estate firms in Asia, have decided to halt the process of...

South Korea’s Hyundai Steel Co. is expected to resume steel production in Russia two years after it took its plant offline in the country amid...

French luxury brand Chanel abruptly suspended the operation of its boutique in the section of high-end brands within Galleria Department Store in an...

With burgeoning demand for high-performance artificial intelligence chips, back-end process technology, which assembles various semiconductors and t...

Kakao Ventures Corp. has made an undisclosed amount of seed investment into Omelet, a South Korean early stage startup developing industrial operati...

South Korean game developer DevSisters Corp. announced on Wednesday that it has signed a publishing agreement in India for the mobile game "Cookie R...

South Korea’s leading e-commerce platform Coupang Inc. on Wednesday posted its first-ever operating profit of $473 million in 2023, driven by ...

Mark Zuckerberg, chief executive of US tech giant Meta Platforms Inc., will meet LG Electronics Inc. CEO Cho Joo-wan in Seoul around Feb. 28 to disc...

South Korea’s power utility Korea Electric Power Corp. (KEPCO) on Friday posted its second straight quarterly profit, sharply above market for...

Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, aim to raise sales by 4.2% in India this year after logging record vehi...

Wefun, a Seoul-based startup operating an office maintenance, repair and operation (MRO) platform, plans to go public next year after successfully r...

South Korea's Perigee Aerospace Inc. announced on Tuesday that it has discussed collaboration with the Philippine Space Agency (PhilSA) for the laun...

South Korea's Altos Ventures announced on Tuesday that it has invested 12.6 billion won ($9.4 million) in the software-centric fulfillment company T...

South Korean battery materials manufacturer EcoPro Co. announced on Monday that it partnered with the Debrecen Vocational Training Center in Debrece...

Dwindling demand for foreign beers and whiskeys in South Korea has led some local liquor importers to let go of some staff, spurring concerns about ...

SK Networks Co., a South Korean trading and rental company actively investing in tech firms in recent years, will step up its efforts to transform i...

South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ CheilJedang Corp. and entertainment giant CJ E...

South Korean unicorns, or private companies worth $1 billion or more, are increasingly refraining from taking over smaller startups for business exp...

Sindoh Co., a leading manufacturer of multi-functional printers in South Korea, is set to tap an investment banking expert as its chief executive. W...

Modern House, the top home decoration brand in South Korea, sticks to a unique rule for its store operations: one-third of the products on the shelv...

When Shin Chang-jae took the helm of Kyobo Life Insurance Co. in 2000 the South Korean insurance firm was reeling from the aftermath of the 1998 Asi...

South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) is gearing up to develop and operate a vessel to ...

Netmarble Corp. expects a turnaround this year driven by new games after successfully snapping its seven consecutive quarter losing streak in the fi...

KB Financial Group and Kakao Bank, top players in South Korea’s offline and mobile banking sector, respectively, achieved their highest-ever p...