Korea’s LG CNS, DN Solutions seek billions of dollars via Jan IPOs

Korea’s LG CNS, DN Solutions seek billions of dollars via Jan IPOs

LG CNS Co., DN Solutions Co. and other South Korean companies aim to raise billions of dollars through domestic initial public offerings (IPOs) in J...

Mirae Asset's IRP deposits surpasses $7.2 bn in 2024

Mirae Asset's IRP deposits surpasses $7.2 bn in 2024

South Korea's Mirae Asset Securities Co. said on Friday it became the first in the industry to surpass 10 trillion won ($7.2 billion) in individual ...

LG Electronics logs highest-ever Q3 revenue

LG Electronics logs highest-ever Q3 revenue

LG Electronics Inc. posted its highest-ever sales in the third quarter this year because of the updated home appliances business portfolio, which fo...

ViGenCell obtains approval for HLA-B5801 genetic diagnostic kit for adverse reactions to gout treatment

ViGenCell obtains approval for HLA-B5801 genetic diagnostic kit for adverse reactions to gout treatment

ViGenCell, a company specializing in immunotherapy, announced on Friday that it has obtained approval from the Ministry of Food and Drug Safety (MFD...

Korea Zinc shares skyrocket after buybacks in tender offer

Korea Zinc shares skyrocket after buybacks in tender offer

Shares in Korea Zinc Inc. soared on Thursday, a day after completing its buybacks, driven by institutional investors covering shorts on the stock an...

Korea’s economy sees slower-than-expected rebound in Q3

Korea’s economy sees slower-than-expected rebound in Q3

South Korea’s economy rebounded slower than central bank expectations in the third quarter on sluggish exports, adding to predictions that the...

Samsung SDS, Korea Air Force to cooperate on military logistics

Samsung SDS, Korea Air Force to cooperate on military logistics

South Korea's Samsung SDS Co. said on Tuesday it signed an agreement with the Korea Air Force Headquarters to cooperate on the digital transformatio...

Seoul to light up Myeong-dong with LEDs like Times Square

Seoul to light up Myeong-dong with LEDs like Times Square

Seoul will light up Myeong-dong, a bustling area with office workers and shoppers in the heart of the city, with 16 large outdoor digital billboards...

SK Hynix chief says no delay in 12-layer HBM3E supply as demand soars

SK Hynix chief says no delay in 12-layer HBM3E supply as demand soars

Kwak Noh-jung, chief executive of SK Hynix Inc., the world’s second-largest memory chipmaker, has said there will be no delay in the company&r...

North Korean Troops Train in Russia as Moscow Deepens War Coalition

North Korean Troops Train in Russia as Moscow Deepens War Coalition

North Korea has sent hundreds of special forces to eastern Russia for training in recent weeks, according to South Korea’s main intelligence a...

Kakao to launch AI messenger service Kanana in H1 2025

Kakao to launch AI messenger service Kanana in H1 2025

South Korea’s platform giant Kakao Corp. will roll out Kanana, a conversational AI agent-integrated messenger app, in the first half of next y...

Mirae Asset's retirement pension reserves rise by $2.9 bn in 2024

Mirae Asset's retirement pension reserves rise by $2.9 bn in 2024

South Korea's Mirae Asset Securities Co. said on Tuesday that its defined contribution (DC) retirement pension and individual retirement pension (IR...

Korea Zinc takes control of key shareholder in management feud with MBK

Korea Zinc takes control of key shareholder in management feud with MBK

Korea Zinc Inc. succeeded in taking control of Young Poong Precision Corp., a key player in the management battle against North Asia-focused private...

S.Korea's Hana Card, KFCC launch first PLCC

S.Korea's Hana Card, KFCC launch first PLCC

South Korea's Hana Card said on Tuesday it launched the first private label credit card (PLCC) product, the "MG+ Credit Card Primo Hana Card" of the...

Samsung SDS, Ansys Korea to collaborate on cloud solutions

Samsung SDS, Ansys Korea to collaborate on cloud solutions

South Korea's Samsung SDS Co. said on Tuesday it signed a memorandum of understanding (MOU) with Ansys Korea to strengthen its cloud business.Ansys ...

Samsung C&T consortium wins $1.6 bn Turkish highway project

Samsung C&T consortium wins $1.6 bn Turkish highway project

A consortium of Samsung C&T Corp., South Korean state-run firms and a Turkish builder won a $1.6 billion project to build and run a highway in t...

Korea Investment Management to list Global AI-based ASIC ETF

Korea Investment Management to list Global AI-based ASIC ETF

Korea Investment Management Co. said on Monday it will list the ACE Global AI ASIC exchange-traded fund (ETF) on October 22. The ETF will focus on ...

S.Korea’s exports fall 2.9% in first 20 days of October; chip sales strong

S.Korea’s exports fall 2.9% in first 20 days of October; chip sales strong

South Korea’s exports, the country’s main growth driver, fell 2.9% in the first 20 days of October amid falling demand for vehicles and ...

S.Korea’s KF-21, Lockheed's F-16 shortlisted for Philippine fighter jet deal

S.Korea’s KF-21, Lockheed's F-16 shortlisted for Philippine fighter jet deal

South Korea’s homegrown fighter jet KF-21 is competing against US defense firm Lockheed Martin Corp.’s F-16 for the Philippine governmen...

S.Korea’s No.1 soju maker HiteJinro to foray into global beauty market

S.Korea’s No.1 soju maker HiteJinro to foray into global beauty market

HiteJinro Group, South Korea’s No. 1 alcoholic beverage maker with a century-old history, has tapped cosmetics development and production as a...

POSCO International wins top award at 2024 Korea IR Awards

POSCO International wins top award at 2024 Korea IR Awards

South Korea's POSCO International Corp. won the top prize at the 2024 Korea IR Awards, organized by the Korea Investor Relations Service (KIRS), the...

Twenty-something female away team fans lead Korean baseball craze

Twenty-something female away team fans lead Korean baseball craze

South Korea’s professional baseball league games enjoyed record-high attendance of more than 10 million this year thanks to the growing number...

South Korea’s next AI unicorns stand out at KPAS 2024

South Korea’s next AI unicorns stand out at KPAS 2024

South Korea’s major telecom company KT Corp. and the country’s leading financial newspaper The Korea Economic Daily have teamed up to sc...

HD Hyundai to show unmanned construction equipment tech

HD Hyundai to show unmanned construction equipment tech

South Korea's HD Hyundai XiteSolution said on Thursday that it plans to hold a demo show with remote control (RC) models of construction equipment...

Jimmy John’s to open its first store in Seoul in October

Jimmy John’s to open its first store in Seoul in October

U.S. sandwich franchise Jimmy John's will open a store in Gangnam, Seoul, in October, the company announced on Thursday.This will be Jimmy John's fi...

SK Broadband to launch nationwide dedicated line service in S.Korea

SK Broadband to launch nationwide dedicated line service in S.Korea

South Korea's SK Broadband said on Thursday that it will establish a nationwide network using Internet Protocol-Multi Protocol Label Switching (IP-M...

Lotte Duty Free renews Tokyo Ginza Store

Lotte Duty Free renews Tokyo Ginza Store

South Korea's Lotte Duty Free reopened its Tokyo Ginza Store in Tokyu Plaza Ginza on Wednesday after a complete renovation. This is the company's ...

S.Korea’s premium kimchi war escalated by luxury hotels

S.Korea’s premium kimchi war escalated by luxury hotels

Kimchi, Koreans’ staple food throughout millennia, has become a new, lucrative revenue source for the country’s luxury hotel chain opera...

Mom's Touch to enter Laos in 2025

Mom's Touch to enter Laos in 2025

South Korean homegrown burger and chicken brand Mom's Touch & Co. said on Wednesday that it signed a master franchise agreement with Laos-based ...

South Korea to designate Jeju as flying taxi pilot service zone

South Korea to designate Jeju as flying taxi pilot service zone

South Korea will designate its resort island Jeju a test operation zone for flying taxis as part of the country’s national urban air mobility ...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation