K-beauty boom propels APR ahead of LG H&H, closing gap with AmorePacific
APR Co., South Korea's fast-growing beauty company, has outpaced the country's second-largest cosmetics firm LG H&H Co. in terms of market capita...
Korea’s top four financial holding firms post stellar Q2 profit on won, non-interest gains
South Korea’s four largest financial holding groups posted stellar profits in the second quarter, bolstered by a sharp increase in non-interest...
SK Nexilis, LG Energy revive supply ties as US seeks China decoupling
SK Nexilis Co., the world’s largest copper foil maker, has decided to move past a years-long rift with former key client LG Energy Solution Ltd...
Hyundai Mobis defies tariff headwinds with 37% jump in Q2 profit
South Korea’s top auto parts maker Hyundai Mobis Co. posted a 36.8% year-on-year rise in second-quarter operating profit, buoyed by a strategic...
President Lee meets with Samsung chief amid stalled US-Korea trade talks
South Korean President Lee Jae-Myung met with Samsung Electronics Co. Chairman Lee Jae-yong on Thursday amid growing speculation that Seoul may lever...
US tariffs dent Hyundai Motor's Q2 earnings despite solid sales
Hyundai Motor Co. on Thursday reported its first double-digit profit fall in five years in the second quarter despite posting record second-quarter s...
SK Hynix logs record profit in Q2, sees stronger H2 ahead
SK Hynix Inc., the largest supplier of artificial intelligence chips to Nvidia Corp., reported its highest-ever quarterly results, with double-digit ...
S.Korea’s ruling party gears up for won-based stablecoin legislation
South Korea’s push to launch won-based stablecoins is taking shape as the ruling Democratic Party unveiled proposed legislation to promote cryp...
HD Hyundai, ECO launch US shipbuilding project
HD Hyundai Co., South Korea's largest shipbuilding group, has kicked off a joint shipmaking project with US partner Edison Chouest Offshore (ECO), as...
GM CEO Mary Barra quells Korea exit talk amid mounting auto tariff pressures
US auto giant General Motors Co. is regarding its South Korean factories as central to its global supply chain, particularly for compact SUVs and ele...
Kakao, Naver step up global AI hunt amid fierce tech race
South Korea’s internet pioneers, Kakao Corp. and Naver Corp., are ramping up overseas investments in artificial intelligence startups, shifting...
LG launches ChatExaone AI beta service, available soon for enterprise use
South Korea’s fourth-largest conglomerate LG Group has made its artificial intelligence chatbot, ChatExaone, available to external users, signa...
EV charger operator Chaevi files for preliminary Kosdaq IPO review
Chaevi Co., South Korea’s top operator of electric vehicle rapid charging infrastructure, said on Tuesday it has filed a preliminary applicatio...
Olive Young, a must-stop for foreign visitors to South Korea
For many foreign visitors to South Korea, a trip to the beauty retailer Olive Young is as essential as sampling kimchi or touring Gyeongbokgung Palac...
Hanwha Philly Shipyard wins 1st export-bound US LNG carrier order in 50 yrs
Hanwha Philly Shipyard has secured a 348 billion won ($250 million) order to build a liquified natural gas (LNG) carrier for Hanwha Shipping LLC, mar...
Celltrion eyes record high sales in 2025, fueled by high-margin biosimilars
Celltrion Inc., South Korea’s leading biosimilar drug developer, is poised to reap nearly 5 trillion won ($3.6 billion) in revenue this year af...
Korean budget carriers in the red as Japan travel slows, fare war intensifies
South Korea’s low-cost carriers (LCCs) are racking up losses as slowing growth in travel, particularly to Japan, fueled price wars to fill exce...
K-beauty brands shine among Amazon’s 2025 Prime Day bestsellers
Cosmetics and beauty devices made by South Korean companies dominated Amazon’s biggest summer shopping event this year, Prime Day, underscoring...
President Lee meets Hyundai, LG chiefs, promotes ‘one team’ approach
South Korean President Lee Jae-myung held back-to-back meetings with the chairmen of Hyundai Motor Group and LG Group this week to discuss global tra...
Hanwha Ocean wins $1.4 bn order from Yang Ming to build 7 containerships
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has bagged an order to build seven containerships, valued at about 2 trillion won ($...
Kia's Lego-like PV5 with 16 variants to hit market in July
Kia Corp., South Korea’s second-largest carmaker under Hyundai Motor Group, is set to redefine mobility solutions with its modular electric pla...
S.Korea’s most prominent business leader returns with all charges cleared
After nearly a decade spent fighting allegations of corporate wrongdoing, Samsung Electronics Co. Chairman Lee Jae-yong has been acquitted on all cha...
Korea Investment & Securities, UBP seek private banking partnership
Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., said on Thursday it has discussed a strategic partnership with ...
Maru SF to open in Silicon Valley in November as Korean startup gateway
Maru SF, a startup campus and networking hub operated by the Asan Nanum Foundation, will open in Silicon Valley this November, marking the organizati...
HYBE Chair Bang referred to prosecutors over alleged unfair trading
South Korea’s financial watchdog has referred Bang Si-hyuk, founder and chairman of K-pop powerhouse HYBE Co., to prosecutors over alleged frau...
K-beauty contract manufacturers see record Q2 profits; rally likely to continue
South Korea’s major original design manufacturers (ODMs) for cosmetics, led by Cosmax Inc. and Kolmar Korea Co., are estimated to have posted t...
S.Korea’s Bebesup earns China nod for baby skincare, eyes global expansion
Bebesup, a leading South Korean baby skincare and wipe brand, has secured a registration certificate from the China National Medical Products Adminis...
LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries
Ultium Cells LLC, a battery joint venture between South Korea’s LG Energy Solution Ltd. and General Motors Co., will upgrade its battery cell m...
K-beauty craze sends Olive Young online sales to new heights
CJ Olive Young Corp., South Korea’s top beauty store chain, is another beneficiary of the global K-beauty surge, with its online cosmetics sale...
Hyundai Motor’s high-stakes gambit in US: Cut vehicle prices as rivals hike theirs
As global automakers raise prices in the US market to respond to new Washington import tariffs, South Korea’s Hyundai Motor Group is taking the...
