Archive by category Business

South Korea’s largest food manufacturer Nongshim on Tuesday said its Japanese affiliate rose 22.6 percent on-year to reach $9 million in the first …

Succession at Korean family-controlled conglomerates — notorious for their complicated cross-shareholdings among affiliates — tends to result in a …

Law firm Barun urged Volkswagen Korea to disclose the source code of engine control units in its cars Tuesday, claiming that its recall plan has problems. On …

SK Planet, operator of a major online open market 11ST, said Tuesday it would start selling selective products directly to customers, seeking to expand its …

Korean shares climbed 0.56 percent Tuesday, boosted by gains in major industries, despite the overnight slide on Wall Street. The local currency also rose …

POSCO said Tuesday that its biggest shareholder — the National Pension Service — has increased its ownership in the steel giant, from 10.04 percent …

SK Group, the nation’s third-largest conglomerate, has the most offshore companies in tax havens, according to market data Tuesday. According to local …

Sixteen Korean companies made it on the list of the world’s top 1,000 companies by market capitalization as of the end of March this year, led by Samsung …

Major coffee franchise operators in South Korea experienced sharp drops in profits last year in the face of intensifying competition from low-cost coffee …

The Korean stock market will see its biggest initial public offerings this year, with net stock floatations to exceed the previous record of 8.7 trillion won …