Seoul to dole out $355 mn in emergency loans for LCCs, tourism, dining biz The South Korean government will extend minimum 420 billion won ($355 million) in emergency funding for transportation, ..

Six out of 10 Korean big firms expect sales damage of 8% from coronavirus outbreak Six out of 10 South Korean companies fear business toll from the ongoing spread of new coronavirus called COVID-1..

Korean LCC leader Jeju in need of debt amid liquidity woes South Korea’s biggest budget airline Jeju Air Co. admitted to liquidity woes as the coronavirus has devastated t..

Korea’s major listed firms estimated to report 30% better profit this year April-May. Out of the 282 companies studied, 241 are expected to see their operating profit rise this year, with 12 to s..

Lotte Shopping to close 200 outlets after reporting near $1 bn net loss for Q4 coronavirus (COVID-19). The move by the country’s fifth largest conglomerate’s retail unit could trigger a domi..

Korea’s export prices in Jan hit 40-month low coronavirus, which surfaced in Wuhan, China late last year and started spreading to other countries from late Jan..

Seoul recommends use of anti-HIV drug for COVID-19 treatment South Korean government endorsed use of Kaletra, a combination of two anti-HIV drugs, to treatment novel coronavirus<..

Baedal Minjok food delivery app draws Korean youth eager for side gigs coronavirus outbreak. The job’s handsome pay and flexible working hours are appealing to the young. As of the se..

Foreign capital inflow hits 7-mo high in Korean money market in Jan. Foreign capital inflow to the Korean securities market hit a seven-month high last month when the global financial marke..

Korean airliners bottom line hit hard by loss of travels to Japan, virus outbreak South Korean airliners are crashing down amid hiatus in travel business due to spread of the China-originated novel c..

Bio stocks are likely to lead Korean rebound in possible post-coronavirus rally Korean bio stocks are the first to watch this month for a possible strong rebound fueled by short covering when investor..

Fitch keeps S Korea’s rating unchanged, warns of growth hit from virus attack coronavirus (COVID-19) that has virtually wrecked the air flight, travel and tourism industry as well as stopped ..

Kospi rebounds above 2,200 with investors looking past coronavirus South Korea’s main bourse Kospi ended Tuesday up 1 percent at 2,223.12 and junior Kosdaq 0.93 percent higher at 682.34 ..

Coronavirus accelerates migration to online shopping in Korea The coronavirus outbreak has kept more Koreans indoors, giving more traction to online and mobile shopping for gr..

Korean exports on Feb 1-10 up sharply on year, but negative in daily volume South Korea’s exports in the first 10 days of February showed a whopping rebound against a year-ago period with fewer w..

Korean tour industry seeks gov’t help to prevent chain bankruptcies The South Korean tourism industry has turned to the government for aid to prevent chain bankruptcies as short-haul trave..

Korean retailers brace up for worst-to-date biz due to absence of Chinese coronavirus first reported in Wuhan, China late last year and its fatalities rapidly increased in the middle of l..

Korea’s tax revenue in 2019 slips for first time in 5 yrs coronavirus outbreak, which is threatening to disrupt businesses that depend on Chinese factories to keep their s..

Korea’s No. 1 charter travel agency to shutter amid sagging demand HotelnAir.com, Korea’s leading charter travel agency, will close its business due to a plunge in demand in the wake of ..

Hyundai, Kia car assembly lines in Korea plug back on this week South Korea’s top automaker Hyundai Motor Co. and its sibling Kia Motors Corp. normalize operation after rotational wee..