North Asia-focused private equity firm MBK Partners is eyeing shares of South Korean enterprise software developer Tmaxsoft Co. around two years after the PE house failed in its takeover bid, banking sources said on Thursday.  MBK executives have recently met Tmax Group foun

Executives at all Samsung Group units will work six days a week from as early as this week in a shift to emergency mode. The move comes as the won's sharp depreciation, rising oil prices and high borrowing costs aggravate business uncertainties after some of the group's mainstay

First, it was groceries. And then came fried chicken and hamburgers. Now, it’s seasoned seaweed products, chocolates and ice creams.Just like in other countries, food prices in South Korea keep going up with every Jack and Jill biting their nails, hoping for moderating pric

Kia Corp., South Korea’s second-largest automaker, plans to aggressively expand its hybrid vehicle lineup to subcompact SUVs amid slower-than-expected electric vehicle uptake worldwide.As part of the plan, Kia, the sister firm of Hyundai Motor Co., will manufacture a hybrid version of its subcompact Sonet SUV and market the model to Japan and China, industry sources said on Thursday.The move is part of Hyundai Motor Group’s two-track