Document tool company Business Canvas secures Series A2 round

Business Canvas, a South Korean SaaS (software as a service) startup that services the global document tool "Typed," announced on Tuesday that it ha...

KFTC acts on Amazon's large share of S.Korea's cloud market

Amazon controls around 70% of South Korea's cloud market, followed by Microsoft in second and Google and Naver Corp. fighting for third place.The Ko...

Kosdaq listings number 129, highest since 2002 IT bubble

Depression in equity markets in the wake of global rate hikes this year has not prevented Korean companies from rushing into Kosdaq, South Korea's m...

Net assets of S.Korea's ETF rise to $63.1 billion despite stock woes

Despite South Korea's weak stock market this year, the exchange-traded fund (ETF) sector, which marked its 20th anniversary, maintained a clear grow...

Hyundai's Tucson named BBC Top Gear's Best Family Car

Hyundai Motor Co. said on Friday that its Tucson SUV has been selected as the "best family car" by the British motoring TV show Top Gear.In the rece...

Korean think tank urges focus on 'yold' demographic in clothing market

South Korea's Samsung Fashion Institute on Thursday announced "Dive In" as the keyword for next year's trends in the fashion industry, meaning that ...

US non-agency mortgage-backed securities to shine in 2023: TCW

Amid the tightening of the Federal Reserve, among the most impacted asset classes were agency mortgage-backed securities (MBS), issued by US governm...

LG Uplus enters Korea’s EV charging service market with VoltUp app

LG Uplus Corp., a South Korean mobile carrier, is entering the domestic electric vehicle charging service market by launching a service platform, Vo...

Korean LG CNS to expand digital marketing biz with DX tech

South Korea’s LG CNS Co., the information technology service arm of LG Group, is geared up to expand the digital marketing business for growth...

S.Korea's CMG Pharmaceutical opens animal medicine unit

CMG Pharmaceutical, a subsidiary of South Korea's CHA Biotech, on Monday announced the launch of an animal medicine unit and entry into the market f...

European real estate is well-positioned for attractive relative value: M&G

The war in Ukraine continues to stoke ongoing uncertainty in Europe, with the impact on energy supplies and prices likely to be felt more intensely ...

S.Korea must use Indonesia, Thailand as EV output-export bases: report

The Korea Automotive Technology Institute says the domestic auto industry should more proactively use Asean-region members like Indonesia and Thaila...

S.Korean startup enters UK market for wireless charging of EVs

A South Korean startup will enter the British market for wireless charging facilities for electric vehicles (EV), as Korean firms speed up their adv...

Hyundai, Kia to rank third in Europe’s car market after 45 years

Just a couple of decades ago, vehicles built by Hyundai Motor Co. and Kia Corp. were dismissed as second-class cars of poor quality, with some car m...

Korean Air resumes regular staff recruitment for 1st time in 3 years

Korean Air Lines Co. for the first time in three years has resumed regular staff recruitment that was suspended by the COVID-19 pandemic.Airline ind...

S.Korean Airlines increase flights in anticipation of travel boom

South Korean airlines launched extensive marketing activities such as increasing international flights and giving free tickets in preparation for mo...

S.Korea's e-commerce platform Plugo secures $9 million in investment

South Korea's Plugo, a comprehensive e-commerce platform based in Singapore, has attracted $9 million in Series A investment, the Silicon Valley, Ca...

KCC's paint selected as World-Class Product for 14 consecutive years

South Korea's leading chemical and auto parts supplier KCC Corp. said on Thursday that its anti-rust and anti-fouling paints for ships and ceramics ...

Korean stocks with healthy earnings to shine in H2 2023

South Korea’s Mirae Asset Securities Co. expected local shares with strong earnings including growth stocks to rally in the second half of nex...

Vuno's fundus-reading AI obtains medical device certification in Thailand

South Korea's medical device startup company Vuno announced on Thursday that its fundus reading artificial intelligence (AI) solution Vuno Med-Fundu...

TmaxSoft, Douzone Bizon form partnership for enterprise ICT market

South Korea's two leading software firms TmaxSoft and Douzon Bizon signed a strategic business agreement on Thursday to link Douzon's enterprise res...

LG Chem in $95.5 million drug out-licensing deal with China’s Innovent

LG Chem Life Sciences, the biopharmaceutical unit of LG Chem Ltd., and China’s biotech company Innovent Biologics have entered into a strategi...

S.Korea's golf course market doubles in value over 10 years

The value of South Korea's market golf course market now equals 98.5% of Japan's.The Korea Leisure Industry Institute (KLII) on Thursday released a ...

LG Electronics, Corning join hands to develop curved glass for vehicles

LG Electronics and Corning said Wednesday that they have agreed to jointly develop a glass solution for curved displays for vehicles.The two compani...

CJ OliveNetworks develops factory big data solution

South Korea's IT service management firm CJ OliveNetworks Co. Ltd. said on Wednesday that it has developed a real-time database (RTDB), a data manag...

Korea Exchange, Uzbek Ministry of Finance sign agreement for cooperation

The Korea Exchange (KRX) has agreed to cooperate with the Ministry of Finance of Uzbekistan on the maintenance of the stock market IT system. T...

Hyundai Motor enters Israeli market for hydrogen-powered trucks

Hyundai Motor Co. is expanding in the Middle East through the debut in Israel of its hydrogen fuel cell truck line Xcient. The carmaker on Tuesday ...

Bionote slashs IPO price to 9,000 won, 50% lower than previous valuation

Everybody is aware that investment fever on biotech firms has already cooled due to rising interest rates and concerns over the fizzling economy, an...

LG Electronics to launch two OLED gaming monitor models in US

South Korea's electronics giant LG Electronics Co. announced on Monday that starting on the same day it would release the world's first OLED gaming ...

Hyundai, Kia on course for record EV sales in Europe

Hyundai Motor Group, South Korea’s top carmaker, is on course for record electric vehicle sales in Europe, with its new models' expansion in t...