Seoul: SK Innovation Co., South Korea’s leading refiner, reported a net loss of 1.03 trillion won (US$743.3 million) in the second quarter, maintaining its position in the red compared to

Seoul: The number of trading companies in South Korea reached a record high last year, data showed Thursday. A total of 273,252 trading firms were operating in 2024, marking an

Seoul: POSCO International Corp. on Thursday reported its second-quarter net profit of 90.5 billion won (US$65 million), marking a decrease of 52.3 percent compared to the same period last year.

Washington: South Korean companies are poised to reveal new investment initiatives in the United States as part of a follow-up to the recent tariff agreement between Seoul and Washington. This

Seoul: Samsung SDI Co., South Korea’s second-largest battery manufacturer, announced on Thursday that it experienced a net loss in the second quarter due to an ongoing downturn in electric vehicle

Seoul: South Korea’s industrial output and retail sales experienced an uptick in June, while facility investment saw a decline for the fourth consecutive month, according to government data released Thursday.