The Hyundai Seoul attracts 100 mn visitors in 30 months

The Hyundai Seoul, the largest shopping mall in the South Korean capital, has attracted over 100 million visitors since its opening to emerge as a h...

LG Display boosts ties with Mercedes-Benz in vehicle screens

South Korea's LG Display Co. has reinforced its auto display cooperation with German automotive giant Mercedes-Benz, raising prospects that the form...

Kyochon, Pablo Air to collaborate for commercializing drone delivery

South Korea's fried chicken chain Kyochon F&B announced on Wednesday that it signed a memorandum of understanding (MOU) with the drone logistics...

POSCO E&C, LG to develop customized home appliances for remodeling

South Korea's POSCO E&C, formerly POSCO Engineering and Construction, will develop customized products for apartment remodeling through cooperat...

Fans of Supreme rush into the label's 1st Korean store

The US street fashion brand “Supreme,” which has a global fandom with a brand name written in white in a red box, opened its first store...

Seoul’s slow but enduring push to be Asia’s premier financial hub

It is a long-cherished dream of Seoul, the capital city of South Korea, to present itself to the world as Asia’s prime financial hub, but the ...

Baby Shark to be aired in Indonesia through RTV

South Korea's The Pinkfong Company, popularly known for its "Baby Shark" character, recently inked a memorandum of understanding (MOU) with RTV, Ind...

SK Telecom to host global AI hackathon in Seoul with OpenAI

South Korea's SK Telecom Co. will hold next month an artificial intelligence contest with OpenAI, the American information and communications techno...

Camp David Summit to Unite U.S., South Korea, Japan

WASHINGTON—A new trilateral alliance linking the U.S., South Korea and Japan will enhance cooperation among the nations in key areas, includin...

Hyundai Motor, Seoul Univ. to establish Future Automotive Mobility

Hyundai Motor Co. and Seoul National University have joined forces to cultivate talent in electric vehicle control and vehicle software, which are e...

Jeju Air to buy 40 fuel-efficient Boeing passenger planes

South Korea's largest low-cost carrier Jeju Air Co. will buy 40 next-generation passenger planes and lease 10 other new aircraft from Boeing Co. wit...

Falling on deaf ears: Costco Korea cart pusher's death

Costco Wholesale’s co-founder Jim Sinegal had said South Korea was a “fantastic market,” where it ran its largest store in terms o...

Hanwha Group gears up for foray into aviation industry

South Korea’s chemicals-to-defense conglomerate Hanwha Group is preparing a bid for domestic low-cost carrier (LCC) Fly Gangwon under court pr...

Budget carriers turn around with highest-ever profits in Q2

South Korea’s low-cost carriers (LCCs) posted their highest-ever quarterly profits on the back of a surge in international travel as the indus...

S.Korea, Laos boost partnership in global drive to cut CO2 emissions

South Korea's Ministry of Trade, Industry and Energy on Tuesday held talks with Laos' Ministry of Natural Resources and Environment at the Seoul hea...

Seoul Metro to develop communication system for foreign passengers

Foreign users of major subway stations in Seoul can communicate with Seoul Metro Corp. staff through simultaneous translation.  Through artific...

KDB girds up for Korean Air-Asiana deal collapse with Plan B

The state-run Korea Development Bank (KDB) is looking for alternative options to sell Asiana Airlines Inc. to prepare against a possible collapse of...

Affinity's CJ Lee to become 3rd Korean executive to leave

Affinity Equity Partners’ founding member and Managing Partner Lee Chul-joo (CJ Lee) will resign from the Asia’s leading buyout manager,...

Air travel from Korea roars back to everywhere, except China

Flight routes between South Korea and China, once Korean flag carriers’ most lucrative, have become their white elephant as passengers on the ...

Korean Air’s operating profit falls to $360 mn in Q2 2023

Korean Air Lines Co.’s operating profit in the second quarter fell over 30% from the same period last year in line with market consensus.Consi...

42dot launches its first B2B self-driving shuttle service

42Dot, a self-driving technology affiliate of Hyundai Motor Group, on Tuesday said it launched a self-driving shuttle at Samsung Mobility Museum in ...

Seoul mulls ‘treble damages’ for illegal K-content websites

The South Korean government and the ruling People Power Party are considering tripling punitive damages to illegal distributors of Korean entertainm...

Hanwha to turn Seoul landmark into modern art hub

Standing 249 meters (817 feet) high, 63 SQUARE, well known as the 63 Building to older generations, was once the tallest building in Seoul until it ...

S.Korea’s men’s fashion platform Deps launches offline store

Deps, a men’s fashion platform launched by South Korean fashion brand incubator Hago L&F, is accelerating its market offensive through the...

CJ Logistics to enter global pharmaceutical transportation market

South Korea’s CJ Logistics on Wednesday said it obtained the certification CEIV Pharma, or the Center of Excellence for Independent Validators...

Hyundai Motor Group, Seoul Univ. to jointly develop battery

Hyundai Motor Group opened a joint battery research center at Seoul National University, marking its full-fledged foray into next-generation battery...

KT invests over $11 mn in AI software company Moreh

South Korea's KT Corp. will invest 15 billion won ($11.6 million) in Moreh, a Seoul-based artificial intelligence (AI) infrastructure software compa...

Fabless FADU taps institutional demand to raise about $151 mn

FADU Technology, the first unicorn in South Korea’s semiconductor sector, has embarked on a process to raise up to 193.8 billion won ($151 mil...

KAI opens office in Polish Air Force base

South Korea's leading aerospace manufacturer Korea Aerospace Industries (KAI) announced that it opened its sixth overseas base on Wednesday at the 2...

Korean Air resumes flights from Busan to Japan after three-year suspension

Korean Air Lines Co., the largest airline and flag carrier of South Korea, said on Tuesday that it would resume its operations on the Busan-Fukuoka ...