Coupang Shares Jump 40% After Monster IPO
The South Korean e-commerce giant believes it is still only "scratching at the surface" of the potential of the Korean online shopping market.
GM Offers Restructuring Plan for Korea Unit
The automaker would convert around $2.2 billion of GM Korea's debt into equity in exchange for financial support and tax benefits from Seoul.
Whirlpool Wins Battle in S. Korea Trade War
The International Trade Commission clears the way for the White House to impose trade barriers on imports of Samsung and LG washing machines.
MagnaChip Fined $3M Over Accounting Fraud
The Korean chipmaker and its ex-CFO allegedly engaged in "accounting tricks" to meet revenue and gross margin targets after it went public.
Qualcomm Hit With Record $865M Fine in Korea
South Korea's top trade regulator says the company's patent licensing practices were unfair to both smartphone makers and rival modem chipset makers.
Lotte Group Scraps Hotel Unit Public Listing
The South Korean conglomerate is reportedly the target of a bribery investigation that led to a raid on its headquarters last week.