Concerned about CHIPS Act, Korea says US investment less attractive
South Korea on Monday expressed concerns about the guidelines of the US Chips and Science Act, saying that some of the conditions the US government ...
Korea's Incheon Airport celebrates 100 millionth transfer passenger
Incheon International Airport, South Korea’s main air gateway, marked a milestone on Thursday as it welcomed its 100 millionth transfer passen...
S.Korea's KGC to spur ginseng sales in China with state-run CR Group
Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp., is set to accelerate sales of its ginseng products across Chin...
China's CDFG targets duty free operation at Incheon Airport
China Duty Free Group Co. (CDFG), the only state-owned duty free business manager in China, has joined a bid alongside four South Korean retail gian...
Korean firms scurry to expand nickel, lithium supply chains
South Korea’s leading companies such as SK, POSCO, LG and LX are scurrying to expand their supply chains for lithium and nickel, key raw mater...
Samsung, SK Hynix face cap on tech level of chips made in China
WASHINGTON D.C. – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, might be unable to manufacture a...
S.Korean firms with focus on emerging Asia to shine
South Korean companies with a large proportion of sales to emerging Asia are expected to shine in the stock market this year as their revenue from t...
Hyundai, Kia to join global small EV war with new models
Hyundai Motor Group, South Korea’s top automaker, will aim at the world’s affordable small electric vehicle segments with new models as ...
BOK sees interest rate as tight amid continued drop in exports
South Korea’s central bank said on Tuesday it regards the current interest rate as tight, suggesting the monetary authority may hold the polic...
Kosdaq-listed Daebo Magnetic’s 46% stake up for sale, its shares swing
South Korea’s leading secondary battery equipment player Daebo Magnetic Co. is set to sell its owner family’s controlling stake of about...
Biden must ensure US allies aren’t China collateral damage
The biggest irony about China-US relations today is just how much Xi Jinping misses Donald Trump. China’s leader would never admit this. ...
LG Energy Solution tops global EV battery market excluding China
South Korea's LG Energy Solution Ltd. for the second straight year was No. 1 on the global market for electric vehicle (EV) batteries excluding Chin...
Zigbang signs agreement with Saudi's National Housing Company
On Monday, South Korean proptech company Zigbang announced a partnership with Saudi Arabia's National Housing Company with the goal of digitalizing ...
S.Korea’s love of luxury ushers in 3rd wave of bling boom
Global luxury brands from Louis Vuitton to Chanel and Thom Browne are readying themselves for a third wave of the luxury boom in South Korea, where ...
HLB’s Rivoceranib, Hengrui's Camrelizumab approved as combination therapy in China
South Korea's HLB Co. announced on Thursday that the combination therapy of its drug candidate rivoceranib and Jiangsu Hengrui Pharmaceuticals Co., ...
China's alleged Korean trademark piracy surges during COVID-19
South Korean companies have witnessed a sharp increase in alleged trademark piracy in China over the past few years, as COVID-19 curbed their overse...
Lotte Group to directly control global real estate unit
Lotte Corp., the fifth-largest conglomerate in South Korea, is poised to strengthen its real estate development unit under the direct control of the...
Korea’s new EV subsidy plan favors Hyundai over Tesla, other imports
South Korea is revising its electric vehicle subsidy plan in a way that favors local cars such as the Hyundai IONIQ 6 over imported vehicles, includ...
MBK, Unison to expand Osstem Implant's target reach beyond China
South Korean private equity firm Unison Capital Korea is set to focus on boosting the corporate value of Osstem Implant Co., once the PE manager and...
S.Korea likely to suffer recession as Jan exports tumble
South Korea is likely to head for a recession for the first time in three years as exports of Asia’s fourth-largest economy in January dropped...
Bluecove buys Grand Hyatt Seoul for over $565 million
South Korean real estate firm Bluecove Investment has signed an agreement to acquire five-star hotel Grand Hyatt Seoul for more than 700 billion won...
Samsung considers chip output cut as first-quarter loss looms large
Samsung Electronics Co., the world’s largest memory chipmaker, is considering slashing its semiconductor production as the company is heading ...
POSCO gets nod for battery technology transfer to overseas plants
POSCO Chemical Co., a unit of South Korean steelmaker POSCO Holdings Co., on Thursday won government approval to transfer technology to its overseas...
South Korea’s economic contraction deepens recession woes
South Korea suffered its first economic contraction in two and half years due to sluggish exports and weak domestic demand during the fourth quarter...
'Extraordinary Attorney Woo' maker to create webtoon-based K-drama series
KT Skylife Co., a broadcasting unit within South Korean telecom behemoth KT Corp., is slated to boost its investment in intellectual property conten...
HSD Engine's order volume exceeds $162.1 million in one month
Growth in shipbuilding orders has greatly boosted the sales of manufacturers of related equipment such as ship engines. South Korea's HSD Engine, wh...
HK inno.N's K-CAB to get insurance benefits in China
South Korea’s 30th novel medicine K-CAB Tab (active ingredient: tegoprazan), a gastroesophageal reflux disease (GERD) treatment of HK inno.N, ...
Foreigners turn net buyers of Korean stocks as China reopens borders
South Korean stocks are gaining momentum at the beginning of the new year as foreigners have turned net buyers on expectations of China's border reo...
HK inno.N gets approval to sell K-CAB in Singapore
South Korean biohealth company HK inno.N said on Wednesday that it has received an item approval for K-CAB, a new drug for gastroesophageal reflux d...
Korean cosmetics shares rise as China reopens borders
Shares in South Korean cosmetics brands are gaining momentum after brokerage houses lifted their target prices on expectations that China’s bo...
