Korean Air Lines is steadily returning to profitability as the economy recovers and the cargo business remains strong.
Hyundai Department Store’s consolidated net profit more than doubled on year to 55.85 billion won ($49.9 million) in the first quarter
Samsung SDS, an IT service unit of Samsung Group, on Thursday said it swung to the black in the first quarter of 2021 on the back of robust cloud business and logistics platform projects.
Hyundai Heavy Industries Holdings (HHIH) said Tuesday a private placement for its wholly-owned ship repair unit has attracted 800 billion won ($720 million).
Emart's fourth quarter 2020 revenue was 5.73 trillion ($5.21 billion) won, up 18.5 percent on year. During the same period, it suffered a 116.4 billion won in net loss from a 68.4 billion won in net profit a year earlier.
KRX-listed Big Hit Entertainment is undertaking a stock swap with Naver that will leave the two companies as partners in a venture that will own and run Naver’s V Live. In the transaction, Naver will transfer its V Live unit to ...
Korea said Tuesday it plans to invest around 5 trillion won ($4.5 billion) in research and development (R&D) projects in 2021 to foster new growth engines while seeking green growth.
Free agent Oh Jae-il signed a four-year contract with the Samsung Lions at a maximum of 5 billion won ($4.5 million) on Monday. With the signing, Oh will be leaving the Doosan Bears, the club he played with for the past nine seasons.
The Korea Tourism Organization (KTO) and Ministry of Culture, Sports and Tourism injected 29 billion won ($24 million) into the tourism industry to launch a government-led discount event for people who use local accommodations from Aug. 14.
Stocks closed sharply higher Thursday on hopes of an economic recovery fueled by improved U.S. economic indicators. The won rose against the dollar.