South Korea’s Hyundai Elevator applies AI to boost customer convenience

South Korea’s Hyundai Elevator applies AI to boost customer convenience

"Miri is a leading example of digital transformation in the elevator sector that raises a notch service speed and customer convenience. Let’s ...

S.Korea's Mirae Asset, Hana Financial Group form security token tie-up

S.Korea's Mirae Asset, Hana Financial Group form security token tie-up

South Korea's Mirae Asset Securities on Thursday said it signed an agreement with Hana Financial Group on the security token consortium Next Finance...

Hyundai E&C to develop future residential model All Life-care House

Hyundai E&C to develop future residential model All Life-care House

South Korea's Hyundai Engineering & Construction (Hyundai E&C) has announced plans to create a future residential model, the All Life-care H...

POSCO Group, SKC to jointly develop lithium metal cathode material

POSCO Group, SKC to jointly develop lithium metal cathode material

South Korea’s POSCO Group and SKC will jointly develop a dream lithium metal cathode material for commercialization by 2026 under a strategy t...

DB Group, T&T Group sign agreement for business corporation

DB Group, T&T Group sign agreement for business corporation

DB Group, South Korea's conglomerate, announced on Tuesday that it has signed a memorandum of understanding (MOU) for business collaboration with Vi...

Mounting deficits, time bomb for Korean e-commerce biz

Mounting deficits, time bomb for Korean e-commerce biz

Major South Korean e-commerce companies’ deficits have mounted to a level near their combined funds raised from investors, stoking fears that ...

Hyundai E&C, Holcim to jointly develop low-carbon construction materials

Hyundai E&C, Holcim to jointly develop low-carbon construction materials

South Korea's Hyundai Engineering & Construction (E&C) said on Thursday that it has established an agreement with Holcim, a renowned global ...

Doosan Group to show hydrogen turbine model in Busan

Doosan Group to show hydrogen turbine model in Busan

Doosan Group companies including Doosan Enerbility Co., Doosan Fuel Cell and Doosan Fuel Cell Power will participate in the upcoming "World Climate ...

Fifty Fifty longest K-pop girl group to stay on Billboard Hot 100

Fifty Fifty longest K-pop girl group to stay on Billboard Hot 100

Fifty Fifty has stayed on the US Billboard Hot 100 for nine consecutive weeks, setting a new record for the longest stay by a K-pop girl group.Accor...

S.Korea's UAM group to develop tourism transportation on southern coast

S.Korea's UAM group to develop tourism transportation on southern coast

Urban air transportation (UAM) in South Korea will open a tourism road on the country's southern coast, which is dubbed "the nation's Mediterranean ...

Fifty Fifty sets new record for K-pop girl group with Spotify listeners

Fifty Fifty sets new record for K-pop girl group with Spotify listeners

K-pop rookie Fifty Fifty has surpassed 34.3 million monthly listeners on Spotify, the world's largest music streaming site, its agency Attrakt said ...

UAE state funds gear up for $30 bn S.Korean investment

UAE state funds gear up for $30 bn S.Korean investment

Senior officials of the Abu Dhabi Investment Authority (ADIA) and other major sovereign funds of the United Arab Emirates (UAE) met with executives ...

LG leader Koo seeks new growth drivers at group strategy meetings

LG leader Koo seeks new growth drivers at group strategy meetings

Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, is seeking new growth drivers by hosting strategy meetings groupwide.L...

Korea's SK E&S plans $14 bn joint investment in hydrogen biz

Korea's SK E&S plans $14 bn joint investment in hydrogen biz

South Korea’s SK E&S Co. is poised to spend 18.5 trillion won ($13.9 billion) with partners by 2025 to set up a hydrogen industry value ch...

LS Group's US affiliate SPSX to raise $150 mn in pre-IPO

LS Group's US affiliate SPSX to raise $150 mn in pre-IPO

LS Group’s US cable affiliate Superior Essex (SPSX) plans to raise $150 million (200 billion won) via a South Korean private equity fund (PEF)...

S.Korea business lobby group regrets past political role

S.Korea business lobby group regrets past political role

The Federation of Korean Industries (FKI) on Thursday said it deeply regretted the political role it took in the previous governments and vowed to b...

Korea's E-Mart shares tumble despite push for profitability

Korea's E-Mart shares tumble despite push for profitability

South Korea’s largest hypermarket chain E-Mart Inc., a unit of a local retail giant Shinsegae Group, suffered a drop in its share prices to a ...

Amkor to top semiconductor packaging sector with better tech

Amkor to top semiconductor packaging sector with better tech

Amkor Technology Inc., the world’s No. 2 semiconductor packaging company, aims to take the sector throne by improving technology competitivene...

SK, Hana Financial groups to jointly develop credit rating model

SK, Hana Financial groups to jointly develop credit rating model

South Korea’s SK Group and Hana Financial Group are jointly developing a next-generation credit rating model for the financially disadvantaged...

YG’s new girl group lifts stock price to decade high

YG’s new girl group lifts stock price to decade high

YG Entertainment Inc., the K-pop label behind global sensation Blackpink, saw its stock hitting the highest point in more than 10 years as a new gro...

LG Electronics' German affiliate gets partner for vehicle front development

LG Electronics' German affiliate gets partner for vehicle front development

ZKW Group of Germany, an automotive lighting and headlight affiliate of LG Electronics Inc., on Thursday said it signed a memorandum of understandin...

CJ Logistics to establish global distribution center in Saudi Arabia

CJ Logistics to establish global distribution center in Saudi Arabia

South Korea's CJ Logistics unveiled plans on Thursday to construct a Global Distribution Center (GDC) in Saudi Arabia, a burgeoning logistics hub in...

Coupang reports third profitable quarter in a row

Coupang reports third profitable quarter in a row

South Korea’s Coupang Inc. on Wednesday reported three quarters of consecutive profits, calming investors' concerns about its cumulative ...

GS E&C apologizes for collapse of apartment parking lot

GS E&C apologizes for collapse of apartment parking lot

GS Engineering & Construction Co. made an official apology on Tuesday for the collapse of a structure in an underground parking lot of a new apa...

LS Group opens LS Dream Center in Hanoi for Korean-Vietnamese families

LS Group opens LS Dream Center in Hanoi for Korean-Vietnamese families

South Korea's LS Group said on Thursday that it has partnered with a domestic non-government organization (NGO) Cooperation and Participation in Ove...

Samsung, Hyundai, others to use hydrogen buses for commute

Samsung, Hyundai, others to use hydrogen buses for commute

Samsung Electronics Co., Hyundai Motor Co., SK Hynix Inc., POSCO Holdings Inc., SK E&S, POSCO E&C and SK Siltron have agreed to replace thei...

LG Chem in talks with Glenwood to sell off diagnostics unit

LG Chem in talks with Glenwood to sell off diagnostics unit

LG Chem Ltd. is slated for exclusive talks with Seoul-based Glenwood Private Equity to sell off its in vitro diagnostics business, according to biop...

SK E&S to supply renewable electricity to BASF

SK E&S to supply renewable electricity to BASF

South Korea’s SK E&S Co. will supply electricity generated from renewable energy to global chemical company BASF. SK E&S announced on...

Chinese shoppers slash online purchases of Korean goods

Chinese shoppers slash online purchases of Korean goods

Chinese shoppers have slashed online purchases of South Korean goods since the outbreak of the COVID-19 pandemic, tightening their wallets mostly on...

Clean energy remains top pick for Korean infrastructure investors

Clean energy remains top pick for Korean infrastructure investors

South Korean institutional investors are poised to ramp up investments in global infrastructure, hedging against inflationary pressure, a survey found...

S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs Kia to make, sell China-launched EV5 in Korea to keep top spot