Cowell Fashion acquires Superdry’s Asia-Pacific IP rights for $50 mn

Cowell Fashion acquires Superdry’s Asia-Pacific IP rights for $50 mn

South Korea's innerwear company Cowell Fashion Co. has acquired the Asian rights to the British fashion brand Superdry for $50 million and plans to ...

SK On, EcoPro, China’s GEM to jointly build precursor factory

SK On, EcoPro, China’s GEM to jointly build precursor factory

South Korea’s electric vehicle (EV) battery major SK On Co. will build a precursor plant at home with a Korean partner, EcoPro Co., and China'...

HMM receives Gold rating in EcoVadis ESG evaluation

HMM receives Gold rating in EcoVadis ESG evaluation

HMM Co., formerly known as Hyundai Merchant Marine, announced on Thursday that it has received the "Gold" rating for environmental, social and gover...

Paris Baguette expands to Canada with first store in Toronto

Paris Baguette expands to Canada with first store in Toronto

SPC, the South Korean food and beverage conglomerate, announced the opening of the first Paris Baguette store in Toronto, Canada, on March 23. The m...

Hankook Tire supplies tires to BMW Driving Center for 9 consecutive years

Hankook Tire supplies tires to BMW Driving Center for 9 consecutive years

Hankook Tire & Technology, a tire manufacturer based in South Korea, announced on Wednesday its exclusive partnership with BMW Driving Center's ...

Ssangyong Motor changes name to KG Mobility

Ssangyong Motor changes name to KG Mobility

South Korea’s Ssangyong Motor Co., whose new owner is KG Group, has renamed itself KG Mobility, its first name change in 35 years.With its new...

Samsung sets ambitious sales target for home appliances

Samsung sets ambitious sales target for home appliances

Samsung Electronics Co. has beefed up its lineup of premium Bespoke home appliances with improved energy efficiency, artificial intelligence-enabled...

S.Korea's Oasis posts surplus for second straight year

S.Korea's Oasis posts surplus for second straight year

South Korea's Oasis Corp., a grocery delivery platform specializing in early morning shipments, on Tuesday said it posted last year operating profit...

Hyundai Doosan Infracore wins Italian innovation award

Hyundai Doosan Infracore wins Italian innovation award

Hyundai Doosan Infracore Co., a construction machinery subsidiary of HD Hyundai Group, announced on Tuesday that its 14-ton hybrid electric wheel ex...

POSCO Future M to spend $300 million on NCA cathode plant in Pohang

POSCO Future M to spend $300 million on NCA cathode plant in Pohang

South Korea's battery component maker POSCO Future M, formerly POSCO Chemical, on Tuesday said it will build its first plant solely for cathode mate...

Korea's KSOE lands $240 mn order for LPG carriers

Korea's KSOE lands $240 mn order for LPG carriers

Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding intermediate holding company of South Korea's HD Hyundai Group, said on Monday ...

Korean ETP market doubles amid increasing distrust of fund managers

Korean ETP market doubles amid increasing distrust of fund managers

South Korea’s exchange-traded product (ETP) market has doubled in four years as more investors preferred their own trades to discretionary inv...

S.Korean startup Jobis&Villains expands to UK with tax return service

S.Korean startup Jobis&Villains expands to UK with tax return service

Jobis&Villains Corp., a South Korean startup that offers a tax return service called “3o3,” said on Friday that it had set up a loca...

Tmap Mobility, SWM to collaborate in autonomous driving area

Tmap Mobility, SWM to collaborate in autonomous driving area

Tmap Mobility Co., a Korean navigation app company, announced on Friday a business agreement to promote cooperation in autonomous driving technology...

Samsung Biologics to invest $1.5 bn for 5th CDMO factory

Samsung Biologics to invest $1.5 bn for 5th CDMO factory

Samsung Biologics Co. is slated to inject 2 trillion won ($1.5 billion) to build its fifth plant in South Korea. It will be a fast follow-up investm...

S.Korea’s jobs in February grow at slowest pace in 2 years

S.Korea’s jobs in February grow at slowest pace in 2 years

South Korea’s jobs grew at the slowest pace in two years last month partly owing to a slowdown in the country’s manufacturing sector due...

Samsung raises Rainbow Robotics stake, eyes management control

Samsung raises Rainbow Robotics stake, eyes management control

Samsung Electronics Co. is looking to own a controlling stake in Rainbow Robotics Co., a South Korean collaborative robot maker, as the tech giant h...

S.Korea's individual investors buy bonds this year worth $5.3 billion

S.Korea's individual investors buy bonds this year worth $5.3 billion

Individual investors in South Korea this year have made net bond purchases, or the difference between the buying and selling amounts, worth over 7 t...

LG Electronics showcases new products in Dubai

LG Electronics showcases new products in Dubai

LG Electronics Inc. held a two-day event in Dubai to unveil its latest products and solutions for the Middle East and African markets.The South Kore...

Once a videotape maker, Cosmo reborn as battery materials firm

Once a videotape maker, Cosmo reborn as battery materials firm

Cosmo Advanced Materials & Technology Co., once the world’s largest video and cassette tape maker, has transformed into a money-making man...

Curexo unveils artificial joint surgery robot TMAX at AAOS 2023

Curexo unveils artificial joint surgery robot TMAX at AAOS 2023

Curexo, a South Korean medical robot company, said on Tuesday that it had unveiled its artificial joint surgery robot "TMAX" at AAOS 2023, the world...

S.Korean sovereign wealth fund KIC to set up Mumbai office

S.Korean sovereign wealth fund KIC to set up Mumbai office

Sovereign wealth fund Korea Investment Corporation (KIC) has kicked off procedures to open a Mumbai-based office later this year, The Korea Economic...

Samsung SDI to showcase solid-state battery tech at InterBattery 2023

Samsung SDI to showcase solid-state battery tech at InterBattery 2023

South Korea's leading secondary battery maker Samsung SDI Co. has announced its participation in Korea's largest battery exhibition, InterBattery 20...

CJ Group adopts AI-based copywriter for producing marketing content

CJ Group adopts AI-based copywriter for producing marketing content

South Korea's CJ Group on Tuesday said it will develop and run a personalized artificial intelligence (AI) copywriter that automatically produces ma...

Hankook Tire halts fire-hit Korean plant, threatens a fifth of global capacity

Hankook Tire halts fire-hit Korean plant, threatens a fifth of global capacity

South Korea’s top tire maker Hankook Tire & Technology Co. shut down a local production complex on Sunday due to a fire, stoking concerns ...

Samsung SDS to offer customized cloud services

Samsung SDS to offer customized cloud services

Samsung SDS Co. is ready to offer easy-to-use, customized cloud storage services to help its clients' digital transformation, its Chief Executive Hw...

Korean convention sector enjoys increase in events post-pandemic

Korean convention sector enjoys increase in events post-pandemic

Coex Convention & Exhibition Center, the largest event complex in Seoul, was crowded on Friday for a smart factory and plant automation fair.&ld...

KSOE wins order for 2 mid-sized gas carriers at $146 mn

KSOE wins order for 2 mid-sized gas carriers at $146 mn

Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate shipbuilding holding company for HD Hyundai Co., announced on Friday in a regu...

HD Hyundai units to showcase unmanned equipment at US expo

HD Hyundai units to showcase unmanned equipment at US expo

Hyundai Construction Equipment Co. and Hyundai Doosan Infracore Co., construction machinery subsidiaries of HD Hyundai Co., said on Friday they woul...

GC Biopharma to develop mRNA flu vaccine with Canadian pharma

GC Biopharma to develop mRNA flu vaccine with Canadian pharma

South Korea's GC Biopharma Corp. announced on Thursday that it will start developing a flu vaccine based on messenger ribonucleic acid (mRNA).The dr...

Goldman Sachs acquires Mercure Ambassador: 1st stint with Korean hotel sector S.Korea’s pension fund NPS posts much weaker returns amid US tariff concerns S.Korea names budget veteran as finance minister to prop up economy KKR in control feud over Korea’s top solar power plant Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome