record earnings

The credit rating of E-Mart Inc., South Korea’s top hypermarket chain operator, was downgraded to AA- by local agency NICE Information Service...

While the economic impact of US singer Taylor Swift is so powerful that pundits coined words like “the Taylor Swift economy,” no less st...

South Korean retail investors, hunting for bargains, have flocked to shovel in the Japanese currency hovering around its record low value in anticip...

South Korea's Hyundai Department Store Co. said on Monday that its pop-up stores of the three virtual idol groups at The Hyundai Seoul attracted ove...

South Koreans’ spending on private education hit a new record high of 27.1 trillion won ($20 billion) in 2023, as the government’s annou...

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

A growing number of private real estate firms are being put up for sale in South Korea amid a prolonged market downturn and increasing delinquencies...

ZKW, an Austria-based lighting systems subsidiary of LG Electronics Inc., recently was presented with the Lighting Star Award for Best front lightin...

When South Korean private equity firm JKL Partners acquired a 77% stake in Lotte Insurance Co. for about 730 billion won ($546.3 million) in 2019, m...

South Korea’s Seoul Semiconductor Co. said on Tuesday it had filed a complaint against multinational commerce giant Amazon with the European U...

Samsung Electronics Co. said on Tuesday that its 2024 Bespoke Refrigerator with Family Hub Plus has achieved the Diamond grade in an Internet of Thi...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, posted a 13.59% annualized return last year, makin...

Trapped in a downward spiral, South Korea saw the country’s total fertility rate hit a new record low of 0.72, also again the world’s lo...

South Korea’s top four financial services groups – KB, Shinhan, Hana and Woori -- booked 1.97 trillion won ($1.5 billion) of loans as lo...

HYBE Co., the agency behind K-pop sensation BTS, last year logged the highest-ever annual revenue for a South Korean entertainment company, backed b...

South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said on Monday it has secured a $1.08 billion con...

South Korean AI-powered data solution-providing startup AIMMO Inc. is expediting its global push with an aggressive advance into the US market, wher...

South Korea’s KT&G Corp., the world’s leading tobacco maker, appointed its Chief Operating Officer Bang Kyung-man as the final candi...

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...

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

Hyundai Motor Co. 's premium brand Genesis announced on Friday that its Electrified G80 and Electrified GV70 earned prizes at the 2024 Canadian Ca...

South Korea’s car exports to the US surged 44.6% on-year to a record high of $32.2 billion in 2023, making up the lion’s share of South ...

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...

South Korean companies paid more corporate taxes than their rivals in developed countries in 2022, losing competitiveness, with the nation’s c...

South Korea’s top supermarket chain E-Mart Inc. announced on Thursday that it provisionally recorded a consolidated operating loss of 46.9 bil...

GS Holdings Corp., the holding company of South Korea’s energy-to-retail conglomerate GS Group, on Wednesday provided a dismal business outloo...

POSCO International Corp. announced on Tuesday that it has received the Honors Award in the Corporate Identity Video category at the prestigious Mer...

LG Energy Solution Ltd., the world’s second-largest rechargeable battery maker, drew a record 5.61 trillion won ($4.2 billion) in bids for a S...

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

South Korea's major power plant builder Doosan Enerbility Co. faces a record-breaking fine to the tune of about 20 billion won ($15 million) over it...