Hyundai launches marketing offensive in China with N brand

Hyundai launches marketing offensive in China with N brand

Hyundai Motor Co. will launch its high-performance vehicle brand Hyundai N in China in the second half of the year as part of its offensive on the r...

Hyundai Motor, Kia aim to expand in China through Shanghai Auto Show

Hyundai Motor, Kia aim to expand in China through Shanghai Auto Show

Hyundai Motor Co. and Kia Corp., both struggling in China, are aiming for a turnaround there by introducing over 30 new vehicles including those tai...

LG Chem, China’s Huayou Cobalt to build $923 million precursor plant

LG Chem, China’s Huayou Cobalt to build $923 million precursor plant

South Korea’s top chemicals company LG Chem Ltd. and its Chinese partner Zhejiang Huayou Cobalt Co. will launch a 1.2 trillion won ($923 milli...

S.Korea sees release of generic diabetes drugs after Forxiga patent expires

S.Korea sees release of generic diabetes drugs after Forxiga patent expires

South Korea's pharmaceutical companies are competing to sell generic drugs to raise their presence on the domestic market for diabetes treatment wit...

S.Korea's NPS increases stake in Lotte Tour Development

S.Korea's NPS increases stake in Lotte Tour Development

South Korea's National Pension Service (NPS) has increased its stake in Lotte Tour Development Co. to 6.07%, according to an announcement by Lotte T...

Kyobo Life’s holding firm plan gains speed with Pavilion Asset acquisition

Kyobo Life’s holding firm plan gains speed with Pavilion Asset acquisition

Kyobo Life Insurance Co. has completed the process to put a South Korea-based alternative asset investment company under its wing, a move that is ex...

Maeil cracks China’s alternative milk market with Starbucks deal

Maeil  cracks China’s alternative milk market with Starbucks deal

South Korea’s Maeil Dairies Co. has jumped into China’s alternative milk market, worth $17 billion in 2022, by supplying Almond Breeze B...

LG Energy tops global EV battery market excluding China

LG Energy tops global EV battery market excluding China

South Korea's LG Energy Solution Ltd. in January and February maintained its No. 1 position on the global market for electric vehicle (EV) batteries...

MBK Partners eyes China’s local consumption: Letter to investors

MBK Partners eyes China’s local consumption: Letter to investors

Private equity giant MBK Partners focused on defending its portfolio last year, especially Chinese companies during the lockdown, while being active...

Lotte Shopping: Resurrected in Indonesia after death in China

Lotte Shopping: Resurrected in Indonesia after death in China

JAKARTA – On a hot spring day in March, Lotte Mart’s Gandaria City Mall hypermarket was as bustling with shopping Indonesians as usual.I...

Hanwha Life acquires Indonesia's Lippo General Insurance

Hanwha Life acquires Indonesia's Lippo General Insurance

South Korea's Hanwha Life Insurance said on Thursday that it has acquired a 62.6% stake in Indonesian insurer Lippo General Insurance, in collaborat...

SGI Insurance signs MOU with IADB to revitalize guarantee insurance

SGI Insurance signs MOU with IADB to revitalize guarantee insurance

Seoul Guarantee Insurance Company (SGI) announced on Wednesday that it had entered into a memorandum of understanding with the Inter-American Develo...

Samsung, SK seek dialogue with China at Boao Forum

Samsung, SK seek dialogue with China at Boao Forum

BEIJING – The Boao Forum for Asia (BFA) is expected to serve as a venue for the world’s two largest memory chipmakers -- Samsung Electro...

NHN Commerce chosen as imported goods supplier by China's Douyin

NHN Commerce chosen as imported goods supplier by China's Douyin

NHN Commerce, South Korea's e-commerce platform, announced on Monday that NHN Accommate, its Chinese subsidiary, has been chosen as a supplier of im...

Domestic duty-free sales surpass 1 trillion won in February

Domestic duty-free sales surpass 1 trillion won in February

Domestic duty-free sales in South Korea increased by 36.7% in February compared to the previous month, due to the resumption of short-term visas for...

Samsung's Lee visits growth driver MLCC China plant

Samsung's Lee visits growth driver MLCC China plant

Samsung Electronics Co. Chairman Jay Y. Lee has chosen Samsung Electro-Mechanics Co.'s new multi-layer ceramic capacitor (MLCC) plant in Tianjin as ...

Samsung Chairman Lee to meet new premier in China

Samsung Chairman Lee to meet new premier in China

Samsung Electronics Co. Chairman Jay Y. Lee arrived in Beijing on March 23 to review the chipmaker’s business in China, which is gradually rec...

Jury still out on Korean chipmakers’ tech upgrades in China

 Jury still out on Korean chipmakers’ tech upgrades in China

When the US Commerce Department announced the guardrail clauses on the CHIPS and Science Act earlier this week, South Korea’s government offic...

S.Korea's CGBio exports $8 mn filler to Australia, New Zealand

S.Korea's CGBio exports $8 mn filler to Australia, New Zealand

CGBio, a South Korean bio-regenerative medical company, announced on Thursday that it has signed a contract to export its hyaluronic acid (HA) fille...

SK On, EcoPro, China’s GEM to jointly build precursor factory

SK On, EcoPro, China’s GEM to jointly build precursor factory

South Korea’s electric vehicle (EV) battery major SK On Co. will build a precursor plant at home with a Korean partner, EcoPro Co., and China'...

Kyobo Life chief Shin Chang-jae inducted into insurance hall of fame

Kyobo Life chief Shin Chang-jae inducted into insurance hall of fame

Shin Chang-jae, chief executive and chairman of South Korea’s Kyobo Life Insurance Co., has been honored with a prestigious award from the I...

Samsung, SK Hynix look to China exit plans as growth stunted

Samsung, SK Hynix look to China exit plans as growth stunted

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are in quandary over their growth strategies in China fo...

LG Chem supplies RO filters for Chinese lithium extraction project

LG Chem supplies RO filters for Chinese lithium extraction project

South Korea's LG Chem Ltd. has supplied reverse osmosis (RO) filters for a project to extract lithium from China's largest salt lake.The company on ...

CGBio inks export deal for hyaluronic acid fillers with Chinese distributor

CGBio inks export deal for hyaluronic acid fillers with Chinese distributor

CGBio, a South Korean bio-regenerative medical company, has signed an export deal with Shanghai Feiting Trading Co., a Chinese medical device distri...

Will S.Korean games benefit from China’s deregulation?

Will S.Korean games benefit from China’s deregulation?

China is loosening its grip on foreign online games with approvals on 27 titles, raising hopes that South Korean publishers will expand their presen...

S.Korea's FutureChem gets approval for phase 3 clinical trials in China

S.Korea's FutureChem gets approval for phase 3 clinical trials in China

South Korean radiopharmaceutical development company FutureChem Co. announced on Thursday that China's National Medical Products Administration (NMP...

F&F bets on China's beauty market under MLB brand

F&F bets on China's beauty market under MLB brand

F&F Co., a South Korean retailer of Western brands such as Major League Baseball (MLB), has been rapidly penetrating China's cosmetics market, w...

South Korea eyes $261 billion chip cluster; Samsung takes lead

South Korea eyes $261 billion chip cluster; Samsung takes lead

South Korea said on Wednesday it will create the world’s largest semiconductor cluster near Seoul by attracting 340 trillion won ($261 billion...

Hyundai, other Korean steelmakers slim down Chinese units

Hyundai, other Korean steelmakers slim down Chinese units

Hyundai Steel Co. has decided to sell its Beijing arm, worth 400 billion won ($310 million) in asset value, hit by declining sales of its affiliates...

Samsung’s Jay Y. Lee walks on tightrope in US, China investments

Samsung’s Jay Y. Lee walks on tightrope in US, China investments

BEIJING – Samsung Group leader Jay Y. Lee plans to attend the China Development Forum later this month for the first time as the South Korean ...

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