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Hanwha Systems soon to install radar on S.Korea fighter jet

Hanwha Systems soon to install radar on S.Korea fighter jet

The active electronically scanned array (AESA) radar developed jointly by the Agency for Defense Development (ADD) and defense contractor Hanwha Sys...

Korea's SK E&S plans $14 bn joint investment in hydrogen biz

Korea's SK E&S plans $14 bn joint investment in hydrogen biz

South Korea’s SK E&S Co. is poised to spend 18.5 trillion won ($13.9 billion) with partners by 2025 to set up a hydrogen industry value ch...

Funding gap creates opportunities in private real estate debt: ASK 2023

Funding gap creates opportunities in private real estate debt: ASK 2023

Global real estate investors will see the funding gap continue for a while, which creates opportunities for private debt in the sector. The office s...

S.Korea's Osteonic starts sports medicine exports to Japan

S.Korea's Osteonic starts sports medicine exports to Japan

South Korea's surgical and medical instruments maker Osteonic Co. on Thursday announced the start of exports of its Kinex sports medicine products t...

Hanmi Semiconductor named world’s top 10 chip equipment maker

Hanmi Semiconductor named world’s top 10 chip equipment maker

South Korean chip equipment maker Hanmi Semiconductor Co. on Thursday said it made the world’s top 10 in the rankings of TechInsights, a globa...

US office recovery will be slow in volatile market: Korean investors

US office recovery will be slow in volatile market: Korean investors

Increased rates will impact global real estate deals and slash property values, according to major institutional investors in South Korea. The US of...

Multifamily, digital infrastructure have upside potential: ASK 2023

Multifamily, digital infrastructure have upside potential: ASK 2023

Investors will spur capital injection in global residential real estate and emerging infrastructure segments such as data centers and energy transit...

S.Korea business lobby group regrets past political role

S.Korea business lobby group regrets past political role

The Federation of Korean Industries (FKI) on Thursday said it deeply regretted the political role it took in the previous governments and vowed to b...

Hanwha Systems, KAI sign contracts to develop SAR satellites

Hanwha Systems, KAI sign contracts to develop SAR satellites

Hanwha Systems Co. and Korea Aerospace Industries Ltd., Korea’s two leading aerospace and defense companies, have clinched deals with a govern...

Sartorius to build $600 mn Korea facilities, open to more investment

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...

Korea's E-Mart shares tumble despite push for profitability

Korea's E-Mart shares tumble despite push for profitability

South Korea’s largest hypermarket chain E-Mart Inc., a unit of a local retail giant Shinsegae Group, suffered a drop in its share prices to a ...

Samsung to launch Galaxy A24 in S.Korea to target low-end market

Samsung to launch Galaxy A24 in S.Korea to target low-end market

Samsung Electronics Co. announced on Thursday that it will release the Galaxy A24, a budget phone model in the domestic market on Friday to targetin...

S.Korea's i-Sens buys US glucose-measuring device maker for $27 mn

S.Korea's i-Sens buys US glucose-measuring device maker for $27 mn

South Korean maker of diabetes-related devices i-Sens Inc. on Wednesday announced its planned acquisition of AgaMatrix, an American manufacturer of ...

S.Korea's top 3 telecom companies boost pet-related services

S.Korea's top 3 telecom companies boost pet-related services

South Korea's top three telecommunication companies are expanding their pet-related services to attract as customers the estimated 15 million owners...

S.Korea to send $130 mn in aid for Ukraine’s reconstruction

S.Korea to send $130 mn in aid for Ukraine’s reconstruction

South Korea will aid the reconstruction of Ukraine, which is at war with Russia, through loans worth $130 million from the Economic Development Coop...

N.Korea's military reconnaissance satellite launch imminent

N.Korea's military reconnaissance satellite launch imminent

North Korean leader Kim Jong-un broke a month of stealth to visit the site of preparations for the launch of the first military reconnaissance satel...

Get away from it all? Korea is a must-visit, says Airbnb's strategy officer

Get away from it all? Korea is a must-visit, says Airbnb's strategy officer

This summer is expected to be one of the busiest travel seasons seen in a while.Trapped in the COVID-19 pandemic lockdown over the past couple of ye...

S.Korea, Canada to bolster key minerals supply partnership

S.Korea, Canada to bolster key minerals supply partnership

South Korea and Canada will make close cooperation to strengthen their supply chains of critical minerals such as uranium and nickel, key materials ...

Chevrolet Trailblazer tops in US small SUV market

Chevrolet Trailblazer tops in US small SUV market

Chevrolet Trailblazer claimed the top spot in the subcompact crossover SUV market in the United States in the month of April. It maintained its posi...

Amkor to top semiconductor packaging sector with better tech

Amkor to top semiconductor packaging sector with better tech

Amkor Technology Inc., the world’s No. 2 semiconductor packaging company, aims to take the sector throne by improving technology competitivene...

S.Korea’s popular donut brand Knotted to enter US market

S.Korea’s popular donut brand Knotted to enter US market

South Korean lifestyle hospitality startup Good Food For Good (GFFG) announced on Wednesday a strategic plan called "New GFFG 2.0." The plan aims to...

Korea to require pre-disclosure of major shareholder stake sales

Korea to require pre-disclosure of major shareholder stake sales

South Korea is set to require pre-disclosures of major shareholders’ listed company stake sales in an aim to prevent tumbles in stock prices.A...

Samsung’s Galaxy Book3 controls more than half of Korea’s laptop market

Samsung’s Galaxy Book3 controls more than half of Korea’s laptop market

When Samsung Electronics Co. reported the worst quarterly loss for its semiconductor business last month, it found hope and relief in its mobile bus...

AskUp aims to make life more convenient, even with highball recipes

AskUp aims to make life more convenient, even with highball recipes

Amid the generative artificial intelligence technology sensation, businesses scramble to get creative in using AI to bolster their sales, and a Sout...

Hyundai Rotem's hydrogen fuel cell tram wins iF Design Award

Hyundai Rotem's hydrogen fuel cell tram wins iF Design Award

Hyundai Rotem is South Korea's first rail company to win a global design award, with its hydrogen fuel cell tram claiming the main prize in the pr...

S.Korea’s January-April car exports at record high of $23.2 bn

S.Korea’s January-April car exports at record high of $23.2 bn

In an impressive surge, South Korea's automobile exports soared to an unprecedented high of $6.16 billion (8.2 trillion won) in April, marking a sta...

S.Korea to launch first cyber office for small, medium businesses

S.Korea to launch first cyber office for small, medium businesses

South Korea's Minister of SMEs and Startups Lee Young on Monday said the country will launch its 18th office for small and medium enterprises (SME) ...

US default drama is last thing South Korea needs

US default drama is last thing South Korea needs

At a White House dinner last month, Yoon Suk Yeol turned heads singing Don McLean’s “American Pie.” It was a uniquely lighthearted m...

Korea starts building Shin Hanul, reviving aim to be nuclear powerhouse

Korea starts building Shin Hanul, reviving aim to be nuclear powerhouse

South Korea has begun construction of the main parts of the Shin Hanul nuclear reactors No. 3 and No. 4, reviving its goal of becoming a global nucl...

Apple, Samsung in distinct cash management styles

Apple, Samsung in distinct cash management styles

The world’s two leading smartphone makers Apple Inc. and Samsung Electronics Co. employ different management strategies for their surplus mone...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking Hana Asset launches ultra-low-fee Nasdaq 100 ETF Even barcodes copied: Counterfeits invasion threatens K-brands

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