S.Korean heavy equipment makers ride global raw materials boom

The surging demand for raw materials around the world are driving sharp sales rebounds of South Korea’s two leading equipment makers Hyundai C...

Samsung, SK Hynix to pay corporate taxes to foreign countries

South Korea’s chipmaking giants Samsung Electronics Co. and SK Hynix are set to pay hundreds of millions of dollars in corporate taxes to fore...

Hanwha to raise $503 mn to expand China PVC production

South Korea’s Hanwha Solutions Corp. is set to raise $503 million to expand its polyvinyl chloride (PVC) business in China, the world&rsq...

Merchant liner SM Line to list on Kosdaq in November

South Korea’s merchant liner SM Line Corp. is set to become a publicly-traded company in November. SM Line has submitted its securities regist...

POSCO to transfer hydrogen steel tech to industry peers for shared growth

The Hydrogen Iron & Steel Making (HyIS) Forum led by the steelmaker POSCO officially opened Oct. 6 in Seoul with more than 1,200 industry partic...

Yanolja, HanaTour team up to take lead in travel market

South Korea’s No. 1 accommodation booking platform Yanolja has joined forces with the country's leading travel agency HanaTour Service Inc. to...

S.Korea shows rare unease against US request for Samsung data

The South Korean government has expressed open concern about the recent request by the US Department of Commerce for more information on the global ...

JR Global REIT to complete $300 mn stake purchase of NY building

South Korea's JR Global REIT Co. will acquire a 49.9% stake in an office building in New York for 385.5 billion won ($323 million) by the end of thi...

InBody to expand into household, blood pressure monitoring markets

South Korea’s InBody Co., the global market leader of body composition analyzer devices, will be making a strategic turn to focus on the fast-...

Food triggers next phase of global K-culture craze

The ongoing global fever over South Korean music and entertainment content is driving the rapid growth of the country’s packaged food manufact...

Korea Inc emerges as big buyer in global M&A market

South Korean companies are emerging as big buyers in the global mergers and acquisitions (M&A) markets. They are actively looking for future gro...

China power crisis, US tightening chill sentiment on Korea IT sector

Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...

POSCO to lead global forum on next-generation steelmaking technology

POSCO will host an international forum next month with the world’s major steel and mining companies to develop greener steelmaking processes b...

Netflix brings $4.7 bn economic impact to Korean industries: Deloitte

Netflix Inc. has contributed to a socio-economic impact worth 5.6 trillion won ($4.7 billion) across various South Korean industries through the joi...

BTS heads to LA for first live concert since COVID-19

BTS will travel to Los Angeles in November for its first live concert since the outbreak of the COVID-19 pandemic. BTS said on Sept. 28 on its offic...

S.Korean content shares surge with global success of Squid Game

South Korea’s major content production houses have made a big comeback in the local stock market on Sept. 27 after a period of downhill over t...

Digital stationery marketplace Webudding charms MZers

Stationery products such as planners, calendars and notepads have long been essential everyday items for busy people. And the stationery market has ...

Korean military fund targets medium-risk global assets

The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is chasing medium-risk, medium-return assets in developed markets with a...

S.Korean battery materials makers see stock prices surge

Shares of South Korean eco-friendly battery materials manufacturers have been soaring in September, with high expectations on big revenue jumps th...

SKC to raise corporate value to $25 bn with battery materials

South Korea’s SKC Co. plans to expand its electric vehicle battery materials business in a move to fivefold its corporate value to 30 trillion...

Carbon neutrality reshapes global commodity markets

Global moves for carbon neutrality are reshaping commodity markets around the world. Iron ore prices have tumbled, while steel scrap prices have soa...

CJ enters 5-year marketing partnership with LA Lakers

South Korea’s CJ Cheiljedang Corp. will be sponsoring the Los Angeles Lakers (LA Lakers) as the first global partner of the American basketbal...

KGC creates Ginseng Museum Cafe in New York

Korea Ginseng Corporation (KGC), a wholly-owned subsidiary of KT&G Corporation, has set up its first interactive cafe in the global market where...

KB Fin, Shinhan invest in Sweden's wind farm via joint fund

South Korea's two banking giants -- KB Financial Group and Shinhan Financial Group -- have invested a combined 80 billion won ($68 million) in a win...

Kakao to strengthen overseas operations amid growing criticism

Kakao Corp. will accelerate its overseas expansion as part of its recently announced reform plan to strengthen fair business practices.Kakao said on...

JW Bioscience in pancreatic cancer biomarker deal with Immunovia

JW Bioscience Co., a subsidiary of South Korea’s JW Life Science Co., has signed a non-exclusive agreement to transfer its patented technology...

KT, Daishin PE acquire 100% stake in global data firm Epsilon

South Korea’s major telecom company KT Corp. is expanding investments in future growth areas outside the traditional mobile sector. KT said on...

Amazon Global Store shakes up S.Korea’s e-commerce scene

Amazon Global Store posted a stellar first-week performance in South Korea. The service, launched at the end of August on SK Telecom Co.’s onl...

S.Korea kicks off AI strategy talks with Naver, Kakao, Samsung, telcos

South Korean government has hosted the first top-level artificial intelligence (AI) roundtable meeting with representatives from the country’s...

Genesis goes green as Hyundai Motor accelerates EV push

South Korea’s top automaker Hyundai Motor Co. on Thursday unveiled its vision for a sustainable future, in which all its new vehicles under th...