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MBK not to sell Korea Zinc to China after tender offer

MBK not to sell Korea Zinc to China after tender offer

MBK Partners Ltd. does not plan to sell Korea Zinc Inc., the world’s largest zinc and lead smelter, to China if MBK's takeover bid of up to 2 ...

Mirae Asset named as Best Securities House in S.Korea by Euromoney

Mirae Asset named as Best Securities House in S.Korea by Euromoney

Mirae Asset Securities announced on Thursday that it has been named “Best Securities House in South Korea” at the Euromoney Securities H...

Rising overseas trips to raise Korea’s travel account deficit

Rising overseas trips to raise Korea’s travel account deficit

Demand for overseas travel among South Koreans during the upcoming holiday grew, while the number of inbound tourists from China is expected to shri...

MBK, Young Poong seek $1.5 bn hostile bid for Korea Zinc

MBK, Young Poong seek $1.5 bn hostile bid for Korea Zinc

MBK Partners Ltd., the North Asia-focused private equity firm, is set to take over Korea Zinc Inc. through an up to 2 trillion won ($1.5 billion) ho...

Doosan completes high-end copper foil plant in Gimje, Korea

Doosan completes high-end copper foil plant in Gimje, Korea

South Korea's Doosan Corp. completed the construction of a high-end copper foil plant to produce materials widely used in automotive electronic comp...

South Korea scraps anti-nuclear policy with approval of two nuclear plants

South Korea scraps anti-nuclear policy with approval of two nuclear plants

South Korea has approved the construction of two nuclear power plants, officially ending its anti-nuclear policy pursued by the previous Moon Jae-in...

Hyundai opens climate change response edu Center in Vietnam

Hyundai opens climate change response edu Center in Vietnam

South Korea's Hyundai Engineering Co. said on Thursday that it has established a climate change response education center in Thanh Hoa Province, Vie...

Korea's Woori Bank adds two more branches in India

Korea's Woori Bank adds two more branches in India

South Korea’s Woori Bank announced on Thursday that It has opened additional branches in Pune and Ahmedabad, India.These are the bank's fourth...

S.Korea’s LIG Nex1, Iraq set for $2.6 billion deal on M-SAM missile system

S.Korea’s LIG Nex1, Iraq set for $2.6 billion deal on M-SAM missile system

Iraq has decided to import South Korean-made mid-range surface-to-air missile (M-SAM) system II, known as Cheongung II, in a deal estimated at $2.6 ...

Korea's SK Energy to start commercial operations of SAF production line

Korea's SK Energy to start commercial operations of SAF production line

SK Energy Co., South Korea’s largest oil refiner, is set to start commercial operations of a production line for sustainable aviation fuel (SA...

SK Hynix unveils powerful data-center SSD to maintain AI memory lead

SK Hynix unveils powerful data-center SSD to maintain AI memory lead

South Korean chipmaker SK Hynix Inc. on Wednesday unveiled a new solid-state drive (SSD) for data centers to expand its memory leadership in the AI ...

Korail to join Manila railway maintenance project

Korail to join Manila railway maintenance project

South Korea's state-run railway company Korea Railroad Corporation (Korail) said on Monday that it participates in the operation and maintenance (O&...

Nation With Lowest Birthrate Is Rocked by Soaring Sales of Dog Strollers

Nation With Lowest Birthrate Is Rocked by Soaring Sales of Dog Strollers

SEOUL—After pushing a stroller to a park near her home in a Seoul suburb, Kang Seung-min plopped down on a bench. Then an elderly woman ap...

NCSOFT distributes four Sony game titles in S.Korea

NCSOFT distributes four Sony game titles in S.Korea

South Korea’s gaming giant NCSOFT Corp. will distribute four popular titles in South Korea through a partnership with Sony Interactive Enterta...

Korea’s AI, robot startups shine despite funding drought

Korea’s AI, robot startups shine despite funding drought

South Korea’s artificial intelligence and robotics startups raised more money through seed rounds than other sectors in August although invest...

Samsung strives to prevent musculoskeletal disorders in the workplace

Samsung strives to prevent musculoskeletal disorders in the workplace

Samsung Electronics Co., the world’s largest memory chipmaker, is striving to prevent musculoskeletal disorders (MSDs) in its workplace to imp...

Hyundai's Casper, Tesla boost Korea’s online car sales

Hyundai's Casper, Tesla boost Korea’s online car sales

South Korea’s online car sales are expected to exceed 5 trillion won ($3.7 billion) and hit a record high this year, driven by rising internet...

No Korean firms make it onto Korea’s top five mobile games list

No Korean firms make it onto Korea’s top five mobile games list

No South Korean game titles developed by domestic game developers made it onto the list of the country’s top five mobile games last month, ind...

HD Hyundai establishes customization plant in Georgia, US

HD Hyundai establishes customization plant in Georgia, US

South Korea's HD Hyundai XiteSolution said on Friday that its construction equipment affiliates HD Hyundai Construction Equipment Co. and HD Hyundai...

LG Energy Solution's AVEL opens ESS power plant in Jeju

LG Energy Solution's AVEL opens ESS power plant in Jeju

South Korea's LG Energy Solution Ltd. said on Friday that its company in company (CIC) AVEL has launched South Korea’s first distribution grid...

Korea’s Gordon Ramsay accelerates moves for $63 mn IPO

Korea’s Gordon Ramsay accelerates moves for $63 mn IPO

TheBorn Korea Inc., a leading South Korean food and beverage group operated by TV celebrity and chef Paik Jong-won, has accelerated its moves for an...

Hyundai Department to triple healthcare sales by 2030 with Nestle

Hyundai Department to triple healthcare sales by 2030 with Nestle

Hyundai Department Store Group, a South Korean conglomerate controlling retail, fashion, healthcare and lifestyle businesses, aims to triple its hea...

S.Korea's NPS opens fourth overseas office in Silicon Valley

S.Korea's NPS opens fourth overseas office in Silicon Valley

South Korea's National Pension Service (NPS), the world's third-largest pension fund, opened an office in Silicon Valley, San Francisco, on Septembe...

Korea’s credit loans balloon as regulators cap mortgages

Korea’s credit loans balloon as regulators cap mortgages

Credit loans are ballooning in South Korea as regulators tightened their grips on record-high mortgages to rein in the growth in household lend...

Mercedes-Benz EV sales tumble in South Korea after fire

Mercedes-Benz EV sales tumble in South Korea after fire

German luxury carmaker Mercedes-Benz AG suffered a nosedive in EV sales in South Korea in August after a fire broke out in one of its electric vehic...

S.Korea’s Q2 GDP slows 0.2%, upholds rate cut expectations

S.Korea’s Q2 GDP slows 0.2%, upholds rate cut expectations

South Korea’s economic growth slowed in the second quarter on weaker domestic consumption and investment by private businesses, heightening ex...

Korea Investment Management to launch two India-focused ETFs

Korea Investment Management to launch two India-focused ETFs

Korea Investment Management said on Wednesday it will launch two active exchange-traded funds (ETFs) targeting the Indian market on September 10.The...

LVMH, OpenAI, LG deepen ties with S. Korean startups   

LVMH, OpenAI, LG deepen ties with S. Korean startups   

South Korean startups and established corporations are seeking to deepen their partnerships to ensure win-win outcomes, by tapping into funds and ot...

August inflation puts BOK under fire for delayed pivot

August inflation puts BOK under fire for delayed pivot

South Korea’s inflation moderated to the government’s target of 2.0% in August, its slowest increase in three years and five months, put...

South Korea’s exports grow for 11th straight month

South Korea’s exports grow for 11th straight month

South Korea’s exports expanded for an 11th straight month in August on solid demand for semiconductors, smartphones and other goods overseas.E...

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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