E-Land eyes another leap forward in China under new strategy
SHANGHAI – E-Land World Ltd., a South Korean fashion and retail company, is gearing up for another leap forward in China, where the company&rs...
BBQ's Chicken Camp gets popularity from foreign tourists
Foreign tourists looking for Chicken Camp, operated by BBQ, a South Korean fried chicken brand, have been increasing noticeably. Chicken Camp is a c...
SK Group to step up renewable energy push in Vietnam
SK Group will strengthen its partnership with the Vietnamese government to boost eco-friendly business in areas ranging from carbon capture to waste...
Korea Investment, Carlyle Group sign strategic partnership
Korea Investment & Securities Co. announced on Friday it has signed a strategic partnership with Carlyle Group, one of the world's leading priva...
Kia’s Q3 profit soars; groupwide design centers revamped
Kia Corp., South Korea’s second-largest automaker, said on Friday that its third-quarter net profit rose fourfold from a year earlier thanks t...
HD Hyundai develops electric propulsion system for large ships
HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries Co. have secured Approval in Principle (AIP) from the UK's Lloyd's ...
Samsung Group introduces senior outside director system
Samsung Group has created the position of senior outside director, granted as much authority as the chair of a board of directors, for the first tim...
S.Korea releases winter schedule for weekly int’l flights
South Korea will expand its number of weekly flights this winter to Japan and Southeast Asia, two regions expected to have high demand that season, ...
Russia Pushes Security Talks With North Korea, China
SEOUL—Russia said it supports holding regular security talks with North Korea and China to address the threat posed by the U.S. on the Korean ...
Xexymix launches pop-up store in Shanghai BFC Mall
South Korea's media and e-commerce company Brand X Corp. announced on Wednesday its activewear brand Xexymix has opened a pop-up store at the BFC Ma...
Medytox to enter China’s botulinum toxin market with Newlux
South Korean pharmaceutical company Medytox Inc. on Tuesday announced its plan to enter the Chinese market for botulinum toxins (BTX) with its cut...
Mirae Asset promotes Indian unit head to vice chairman
Mirae Asset Financial Group, South Korea’s leading financial conglomerate, on Monday promoted Swarup Mohanty, the head of its Indian asset man...
Lotte, two SK Group units to join hands for carbon capture
Lotte Chemical Corp., SK Innovation Co. and SK IE Technology Co. (SK IET) have signed a memorandum of understanding (MOU) to make their joint push i...
KT ties up with Thai company for SE Asia hyperscale AI
KT Corp., South Korea’s No.2 mobile carrier, is set to foray into the large language model (LLM) sector in Southeast Asia amid the country's s...
China’s graphite export curbs deal blow to Korean battery sector
South Korean electric vehicle battery and battery component makers are fretting over the Chinese government’s impending restrictions on export...
SK Group needs agility to survive disruptions: chairman
South Korea's No. 2 conglomerate SK Group needs agile responses to rapidly changing business circumstances amid global geopolitical crises, C...
Hyundai partners with University of London for African market strategy
Hyundai Motor Group announced on Friday its plan to establish two research centers in conjunction with the University of London (UoL) to delve int...
POSCO completes automotive steel plates plant in China
South Korea’s POSCO announced on Thursday it completed the new plant for automotive steel plates in Tangshan, Hebei province, China.As a joi...
China’s Temu challenges homegrown e-commerce platforms in Korea
Temu, a popular Chinese discount e-commerce platform that landed in South Korea just a few months ago, has apparently cracked homegrown players&rsqu...
S.Korean airlines see 12.87 mn int’l passengers in Q3 2023
South Korean airlines’ international passenger traffic in the third quarter reached 85% of that over the same period in 2019, the year befor...
Taeyoung to sell cash cow to shore up ailing construction arm
South Korea’s medium-sized business group Taeyoung Group said on Wednesday it is near to selling its cash cow logistics unit to shore up its f...
Late Samsung chairman Lee's New Management back in spotlight
As the leader of Samsung Group for three decades, the late group Chairman Lee Kun-hee brought fundamental changes to the conglomerate under his &ldq...
POSCO Group chief: steel desperately needs corporate solidarity
South Korea’s POSCO Group on Tuesday said its Chairman Choi Jeong-woo presided over the regular meeting of the World Steel Association on Su...
Nongshim invests $7.4 mn to nurture food tech startups
South Korean food and beverage giant Nongshim Co., unveiled plans on Wednesday to pump 10 billion won ($7.4 million) into venture funds, aiming to d...
China Appears to Have Repatriated North Koreans Despite International Pressure
SEOUL—China appeared to have repatriated a large number of North Koreans this week, despite international pressure given the harsh punishment ...
Tous Les Jours overseas stores surpass 400
CJ Foodville, the food subsidiary of South Korea's CJ Group, announced on Tuesday that its bakery brand Tous Les Jours has expanded its global footp...
S.Korea sees rise in young, independent Chinese tourists
South Korea is welcoming a growing number of Chinese tourists since China lifted a ban on group tours to its neighboring country on Aug. 10 after mo...
Korea's GS Caltex faces FTC probe into intra-group trading
The Korea Fair Trade Commission (FTC) has begun an investigation process for alleged intra-group transactions between GS Caltex Corp., the country&r...
CJ ENM expands global reach with entertainment IP exports
South Korean entertainment giant CJ ENM Co. is broadening its international reach, exporting its widely popular entertainment show intellectual prop...
Kia unveils low-cost EV models to reboot sales growth
Kia Corp., South Korea’s No. 2 automaker, showcased new low-cost electric vehicles on Thursday to boost the slowing growth in clean automobile...
