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EarningsCoupang posts first positive EBITDA, raises full-year forecast
Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, said on Wednesday its second-quarter performance...
Aug 11, 2022 (Gmt+09:00)
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Private equityKorea's small PE firms putting fundraising plans off to 2023
South Korea’s small and mid-sized private equity firms are increasingly postponing fundraising schedules for their project...
Aug 11, 2022 (Gmt+09:00)
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EarningsKorea game sector hopes for better profits with new titles
South Korea’s game developers aimed to improve earnings with the release of new titles in the second half after reporting ...
Aug 11, 2022 (Gmt+09:00)
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InsuranceAuto insurers set for record claims over heavy rains
The record rainfalls in the Seoul metropolitan area this week are expected to lead to the largest-ever claims for South Korean a...
Aug 11, 2022 (Gmt+09:00)
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ElectronicsFoldable smartphones will go mainstream at Samsung: Mobile chief
NEW YORK – Samsung Electronics Co. has vowed to make foldable smartphones its mainstream products in the high-end segment,...
Aug 11, 2022 (Gmt+09:00)
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Food & BeverageStarbucks Korea conducts voluntary recall on giveaway items
Starbucks Korea, owned by South Korean retail juggernaut E-Mart, conducts a voluntary recall of its line of summer travel bags...
Aug 11, 2022 (Gmt+09:00)
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Food & BeverageKurly enters Singapore grocery market, targeting SE Asia
South Korea’s Kurly Inc., the operator of grocery delivery service Market Kurly, made inroads into Singapore with an aim t...
Aug 11, 2022 (Gmt+09:00)
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Electric vehiclesSK seeks to build EV charger plant in US on subsidies
SK Group, South Korea’s No. 2 conglomerate, is seeking to build an electric vehicle charger plant in the US in a move to a...
Aug 11, 2022 (Gmt+09:00)
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Debt financingConglomerates lead loan growth to record high in July
South Korea's large business groups led a sharp increase in bank lending in July, driving the corporate bank loan growth to a re...
Aug 11, 2022 (Gmt+09:00)
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EconomyKorea suffers from foreign workers shortage in farming
South Korea’s agricultural product prices are expected to increase this year as the agriculture industry is suffering chro...
Aug 11, 2022 (Gmt+09:00)
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Korean startupsHome decoration app O!House launches a beta version in Japan
“Even though different countries have varying living conditions, we all share the common goal of decorating our spaces,&rd...
Aug 11, 2022 (Gmt+09:00)