Busan: U.S. President Donald Trump and Chinese President Xi Jinping convened on Thursday for a pivotal summit aimed at addressing the escalating trade tensions between their nations, marked by mutual

Seoul: Hyundai Steel Co., South Korea’s second-largest steelmaker, has announced a significant turnaround in its financial performance, reporting a net profit of 17.8 billion won (US$12.5 million) for the third

Seoul: Hyundai Steel Co., South Korea’s second-largest steelmaker, announced a return to profitability in the third quarter, driven by increased sales of high-end products. This marks a significant turnaround from

Seoul: Hyundai Motor Co., South Korea’s leading automaker, reported a significant 20.5 percent decline in its third-quarter net profit, attributing the drop to the newly imposed U.S. import tariffs that

Seoul: NH Investment and Securities Co. on Thursday reported its third-quarter net profit of 283.1 billion won (US$198.4 million), marking an 83.8 percent increase from the same period last year.

Seoul: SK Group, the South Korean conglomerate with interests ranging from chips to construction, has executed a significant executive reshuffle to bolster its restructuring efforts. This reshuffle involves appointing new