hiring cut

TOKYO – South Korea’s tech giant Naver Corp. said on Friday that Japan’s administrative guidance for Naver to sell down its contro...

Hyundai Motor Group, the world’s third-largest automaker, is set to spend nearly $1 billion on Motional, its loss-making self-driving joint ve...

Large-scale overseas construction projects boosted major Korean builders’ quarterly results while lackluster domestic construction work, coupl...

Belt-tightening Taeyoung Engineering & Construction Co. (Taeyoung E&C), the 16th-largest construction company in South Korea and undergoing ...

HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, started mass production of biodiesel to expand its eco-friendly energy b...

South Korean brokerage firms are ramping up sales of long-term bonds to refinance their loans by repaying short-term debts in hopes of a rate cut by...

The Korean won weakened to its lowest level in 17 months against the dollar on Thursday, after stronger-than-expected US inflation data dented hopes...

Corporate bond issuance in South Korea hit a record in the first quarter of this year amid growing expectations of the Federal Reserve’s rate ...

South Korea’s casual multiplayer game developer Sandy Floor Games announced on Wednesday that it got a seed round investment from Kakao Ventur...

Investors tend to rush to fixed-income markets when recession risk rises. South Korean investors are no exception – retail investors have been...

South Korea’s headline inflation stayed above 3% for two straight months in March on a surge in fruit and vegetable prices coupled with higher...

Hyundai Motor Group plans to spend 68 trillion won ($51 billion) and hire 80,000 new employees over three years as South Korea’s top automaker...

dd South Korea’s securities firms suffered a 20% fall in overall net profit last year hurt by the weak property market, adding to bearish vie...

South Korea’s top automaker Hyundai Motor Co. has vowed to sharpen its electric vehicle price competitiveness through tech advancement and eff...

South Korea has outstripped Hong Kong and Shanghai as a preferred Asia-Pacific headquarters destination for global companies, trailing only Singapor...

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

Goldman Sachs’ Chung Hyung-Jin, co-head of the Seoul office and the leader of the firm’s investment banking (IB) business in South Korea...

A South Korean automotive parts maker, which made its inroads into the US in the mid-2010s, sharply expanded its production facilities in Alabama la...

US Treasury bonds are gaining popularity among retail investors in South Korea amid expectations that the US Federal Reserve will cut interest rates...

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

Samsung Electronics Co. is ramping up its recruitment of experienced professionals across its Device eXperience (DX) and Device Solution (DS) divisi...

South Korean tire makers such as Hankook Tire & Technology Co., Kumho Tire Co. and Nexen Tire Corp. are expected to post new record-high revenue...

South Korea’s headline inflation dropped for a third straight month to a six-month low on declining oil prices, adding relief to the central b...

Aptiv PLC, a US autonomous driving technology company, has decided to reduce a significant portion of its stake in Motional, a self-driving tec...

The South Korean battery industry is bracing for a grim market this year as Tesla Inc. is seeking every possible means to reduce costs to combat&nbs...

South Korea, which imposes some of the highest inheritance and gift taxes on businesspeople among the Organization for Economic Cooperation and Deve...

South Korea on Thursday kicked off a push to nearly double the number of foreign tourists visiting the country this year to 20 million by hosting a ...

South Korea’s central bank on Thursday hinted its policy rate may have peaked after leaving the rate unchanged for the eighth straight meeting...

LAS VEGAS, NV -- Samsung Electronics Co. and LG Electronics Inc., the world’s two largest TV makers by sales, have introduced next-generation ...

South Korean pharmaceutical company Medytox Inc. announced on Wednesday that its establishment of the US subsidiary Luvantas.The goal is the global ...