job cuts

South Korea urged domestic millers to cut flour prices after demanding a similar move to instant noodle makers to further ease inflationary pressure...

South Korean instant noodle makers are considering price cuts for the first time in 13 years pressured by the government, which aims to further ease...

South Korea's chemical company POSCO Future M Co. last year lowered greenhouse gases a surprising 8.6% from 2021. Reducing its CO2 emissions despite...

Add officials at the People’s Bank of China to the list of those disappointed by China’s post-COVID-19 reopening boom. On June 13, PB...

South Korea's major secondary battery maker Samsung SDI Co. and General Motors (GM) of the US will set up a joint venture (JV) plant for electric ve...

South Korea plans to discuss with Japan the re-establishment of their bilateral currency swap line, said its finance minister on Thursday, as the di...

TOKYO – Glonet Co. is a novice logistics company hardly known in Japan’s time-honored shipping industry.The small South Korean shipping ...

South Korea's SK Telecom Co. is taking part in this year's International Maritime Defense Industry Exhibition (MADEX), which ends Friday, at Busan...

Slightly more than a decade ago, ASML Holding N.V. had to reach out to its customers such as Samsung Electronics Co., Intel Corp. and Taiwan Semicon...

South Korea's HD Hyundai Heavy Industries Co. (HHI), the shipbuilding affiliate of HD Hyundai Co., on Sunday said it will unveil its next-generati...

South Korea’s National Pension Service (NPS), the world’s third-largest public pension fund, plans to raise the ratio of its alternative...

Moody’s on Friday cut its view on KEPCO’s credit to the lowest investment grade, a move that could lead the rating agency to downgrade t...

South Korea’s KT Cloud on Tuesday said it signed a deal with Immersion 4, a Swiss provider of liquid cooling solutions, to install next-gene...

Louis Vuitton will create jobs for South Korean women coming back from career breaks, a rare move for a global high-end brand in the fast-growing lu...

Amkor Technology Inc., the world’s No. 2 semiconductor packaging company, aims to take the sector throne by improving technology competitivene...

The trial application of South Korea's information and communications technology company LG CNS of artificial intelligence (AI) to marketing and adv...

South Korea's LS Electric Co. announced on Monday its participation in the highly anticipated "Electric Energy Show 2023" to be held in Hanoi, Vietn...

POS-H, an H-beam or steel beam made of rolled steel in the shape of the letter "H," of South Korean steelmaker POSCO’s premium brand of steel ...

ZKW Group of Germany, an automotive lighting and headlight affiliate of LG Electronics Inc., on Thursday said it signed a memorandum of understandin...

While the world’s largest foundry chipmaker TSMC Co. appears to be slowing its pace of facility investment to cope with excess inventory, its ...

The number of young workers in South Korea fell for a sixth straight month in April to its lowest point in more than two years, deepening concerns t...

In a first for the company, South Korea’s LG Uplus Corp. will set up a cyber security department that offers employment at Soongsil University...

South Korea’s central bank chief on Wednesday said it is too early to suggest starting to cut interest rates as inflation remains above its ta...

Chinese shoppers have slashed online purchases of South Korean goods since the outbreak of the COVID-19 pandemic, tightening their wallets mostly on...

The decline in consumption by 20-somethings due to benchmark interest rate hikes is over eight times greater than those in their 60s.Analysts blame ...

Global luxury brand Louis Vuitton will premiere a fashion show in Seoul this weekend, expecting to attract leaders from the global fashion, culture ...

South Korea's SK Ecoplant Co. on Monday said it is conducting a project to recycle a small amount of carbon generated when a fuel cell produces elec...

Hankook Tire & Technology Co., South Korea’s largest tire maker, will cut its workforce at the fire-hit production complex in Daejeon thro...

Hyundai Motor Co. is seeking various ways to make its electric vehicles sold in the US qualify for tax credits after its Electrified GV70 was denied...

South Korea’s Lotte Biologics Co. held a plaque ceremony on Monday to commemorate the acquisition of a pharmaceutical production plant from Br...