South Korea hosts first Universo Ferrari exhibition in Asia
For the first time in Asia, South Korea is hosting an event featuring the history of the Italian sports car brand Ferrari.Ferrari on Thursday opened...
Germany's real estate mezzanine market to shine in 2023: Lenwood Capital
The global real estate market is under significant pressure due to increased interest rates and banks' tighter loan standards in 2023. Commercial re...
S.Korean overseas card spending near pre-COVID-19 levels
South Korean residents’ overseas card use jumped in the first quarter to nearly recover levesl before the outbreak of COVID-19 on rising inter...
Air Busan targets record profit with more int’l flights
Air Busan Co., a South Korean low-cost carrier, targets record earnings with more international flights, especially to neighboring China and Japan, ...
S.Korean chips’ heavy reliance on China, US poses risk to national economy
South Korea’s semiconductor industry is more vulnerable to economic and industrial shifts in its key export markets than those of its rivals T...
Lotte to open Silicon Valley corporate venture capital unit
Lotte Group, a South Korean retail-to-chemical conglomerate, is set to launch a corporate venture capital (CVC) business in Silicon Valley, the glob...
S.Korea’s heated debate on domestic helpers from Southeast Asia
South Korea is embroiled in a heated debate on a program to recruit domestic helpers from Southeast Asia at lower rates than those paid to their Kor...
S.Korea's economy no longer supported by China: BOK head
South Korea’s central bank chief said on Monday the local economy is no longer supported by China given the sustained decline of its exports t...
Funds from West to emerging Asia power S.Korean stocks
Foreigners reported a record purchase of South Korean shares despite a global economic slowdown, as money moved from the US and Europe into emerging...
Sartorius to build $600 mn Korea facilities, open to more investment
Sartorius AG, a global pharmaceutical and laboratory equipment supplier, plans to spend $600 million on its first facilities in South Korea, about s...
Night at Korean royal palace brims with stars and Gucci fashion
Seoul has again grabbed the attention of global fashionistas as Italian fashion house Gucci on Tuesday night finally staged its belated Korean fashi...
KGC promotes S.Korean top red ginseng brand CheongKwanJang in China
Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp. , announced on Thursday its participation in the "2023 TFWA Wor...
Slowing economy slams S.Korean retailers; outlook dim
South Korean major retailers are suffering from a slowdown in Asia’s fourth-largest economy, adding to concerns about weaker earnings in the c...
S.Korea's leading low-cost carrier Jeju Air posts record-high Q1 results
South Korea's leading low-cost carrier (LCC) Jeju Air Co. posted record-high performance in the first quarter. Industry analysts say domestic LCCs w...
Seoul eyes opening doors to domestic helpers from Southeast Asia
Seoul is slated to welcome domestic helpers from Southeast Asia later this year to ease the burden of childcare and address issues surrounding Korea...
S.Korean startups eye on Southeast Asia as promising market
SINGAPORE - Southeast Asia with a youth population constituting about one-third of the region’s total population and surging internet penetrat...
Hanyang, Linde to inject $800 mn for hydrogen cluster in Korea
Hanyang Corporation Ltd., a South Korean construction firm, will join forces with German industrial gases and engineering company Linde AG to create...
LS Cable completes undersea HVDC cable plant
South Korea’s major cable manufacturer LS Cable & System Ltd. has completed the construction of Asia's largest high-voltage direct curre...
KIC mulls expanding assets in Asian emerging markets: CEO
NEW YORK – Sovereign wealth fund Korea Investment Corporation (KIC) is considering expanding alternative investments in Asian emerging markets...
S.Korea’s AI platform Wrtn to enter Japanese market
South Korean generative AI startup Wrtn Technologies unveiled Wrtn Japan, its Japanese version generative AI platform, during the "Generative AI Asi...
PwC’s S.Korean member to focus on SE Asia acquisition deals
Samil PricewaterhouseCoopers, the South Korean member firm of global accounting industry leader PwC, aims to focus on overseas acquisition deals of ...
Elon Musk reaffirms Korea among top candidates for Asia Gigafactory
WASHINGTON, D.C. – Tesla Inc. Chief Executive Elon Musk said on Wednesday that South Korea is still among its top candidates to build another ...
Indonesia's Green Rebel enters S.Korean alternative meat market
Indonesia-based food tech startup, Green Rebel Foods, made public its official entry into the Korean plant-based protein food market. Bryan Toh, Glo...
SK, Lotte participate in Asia's largest plastic exhibition
Major chemical companies in South Korea, such as SK Geo Centric (formerly SK Global Chemical), Lotte Chemical Corp. and Lotte Fine Chemical, are par...
Korean economy unlikely to rebound in H2; BOK may keep rate
South Korea’s economy is unlikely to rebound in the second half as exports are expected to stay weak on the sluggish global semiconductor indu...
Indonesia’s slashed EV tax to boost Hyundai’s IONIQ 5 sales
South Korea’s top automaker Hyundai Motor Co. is expected to enhance its presence in Indonesia, which has drastically reduced its value-added ...
Lotte Department Store plans to open Line Friends pop-up store
South Korea's Lotte Department Store seeks to attract foreign tourists amid Golden Week holidays in Southeast Asia.Tourists from the region are expe...
Yoon's English School, Thai Edupark to cooperate in local education market
South Korean English education company, Yoon's English School, has signed a business agreement with Thai education firm, EduPark, to expand its pres...
Famed S.Korean pedometer app Cashwalk attracts first investment of $22 million
Nudge Healthcare, a startup that runs the South Korean health management app Cashwork, on Wednesday said it secured its first investment of 30 billi...
KOGAS, JERA of Japan agree to jointly purchase LNG
South Korea's state-run Korea Gas Corp. (KOGAS) has joined hands with JERA, a Japan-based global liquefied natural gas (LNG) corporation, in the wak...
