Lotte's chemical units look for talent from US universities

Lotte Group's two chemical units in South Korea searched for talent in US universities.Lotte Chemical Corp. and Lotte Fine Chemical Co. organized ...

Celltrion signs largest-ever quarterly deal with global sales affiliate

Celltrion Inc., a South Korean biopharmaceutical giant, said Monday it will provide biosimilars worth 423.6 billion won ($323.6 million), its larges...

CJ CheilJedang searches for global bio talent in Boston

South Korean food and bio giant CJ CheilJedang Corp. on Monday said its Chief Technology Officer Hwang Yun-il, CJ CheilJedang BIO executive Yoon Seo...

Shinyoung Asset, Baillie Gifford launch global growth stock fund

Shinyoung Asset Management Co. has joined hands with Baillie Gifford & Co., a UK investment management firm, to launch a long-term growth stock ...

Lotte Global Logistics, CoEvolution to develop automatic solutions

South Korea's Lotte Global Logistics announced on Wednesday that it has signed a memorandum of understanding (MOU) for a strategic partnership with ...

Kakao Pay’s tie-up with Alipay spurs growth in China

BEIJING – Kakao Pay Corp., the mobile payment service unit of South Korean tech giant Kakao Corp., is rapidly growing in China’s fintech...

LG Energy raises $1 bn in bonds for EV battery production

LG Energy Solution Ltd., the world’s second-largest battery manufacturer, said on Tuesday it has raised $1 billion by selling its first global...

K-pop without ‘K’ nurtured to evolve into global mainstream

Bang Si-hyuk, founder and chairman of South Korea’s entertainment powerhouse HYBE Co., has been leading a global girl group audition program i...

Doosan Enerbility, KWP to advance power generation tech

South Korea's heavy industrial company Doosan Enerbility Co. and the government-owned Korea Western Power Co. (KWP) will jointly streamline domestic...

Kolmar Global launches hangover reliever Condition in Singapore

South Korea's Kolmar Global, a subsidiary of Kolmar Korea Holdings, on Monday said it exported the domestic hangover reliever brand Condition to Sin...

LG's refrigerator receives Int'l EPD certification

LG Electronics Inc. has announced that its high-end refrigerator, the Objet Collection, has become the first in the home appliance industry to recei...

LG’s FAST drive to combat TV set market slowdown

South Korea’s electronics giant LG Electronics Inc. is upending its TV business strategy by betting even bigger on software and content to off...

HMM embarks on biofuel ship pilot testing on global route

South Korea has begun a pilot operation of a biofuel-powered container ship on a global route, the government said on Friday. HMM Co.'s container sh...

Hyundai Motor set to exit Russia with St. Petersburg plant sale to AGR

South Korea’s top automaker Hyundai Motor Co. is reportedly exiting Russia by selling its car manufacturing plant in St. Petersburg to AGR Aut...

Hanwha Aerospace to develop engine materials for military UAVs

South Korea’s Hanwha Aerospace Co. on Wednesday said the Korea Research Institute for Defense Technology Planning and Advancement has named th...

Hyundai Glovis to participate in N.America's largest bulk cargo exhibition

Hyundai Glovis Co., the logistics unit of South Korea's Hyundai Motor Group, announced on Wednesday that it will be a participant in Breakbulk Ameri...

Seoul eyed as possible 2nd Asian base of Gagosian empire

Seoul, which took center stage on the global art scene after successfuly hosting international art fair Frieze’s second edition earlier this m...

Hanwha Aerospace to unveil self-propelled howitzer K9A2 in UK

South Korea's Hanwha Aerospace Co. announced on Tuesday that it will unveil the latest model of its K9 self-propelled howitzer, the K9A2, at the Def...

Mirae Asset teams up with Polygon Labs for tokenized securities

South Korea’s Mirae Asset Securities Co. has partnered with Polygon Labs, a New York-based global blockchain company, for financial tokenizati...

Kakao Mobility to build mobility-customized GenAI platform

South Korea's Kakao Mobility has announced a vision to build an evolved platform with generative artificial intelligence (GenAI) specialized for mob...

SK Group, NPS may exercise put option on Masan without gain

South Korean institutional investors, including SK Group and National Pension Service (NPS), are likely to only recover their principal without prof...

Kia, Lotte Global Logistics to develop logistics-specific PBV

South Korea's Kia Corp. announced on Wednesday that it has signed a memorandum of understanding with Lotte Global Logistics at its headquarters in Y...

POSCO International to take part in CCS project in Texas

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is expected to wi...

Korea ranks 3rd on global dominant product list to tie Japan

TOKYO -- South Korea has ranked third among countries having the world’s most dominant products. In six categories, including smartphones, mem...

LG Elec to fend off challengers with tech supremacy: H&A Head Ryu   

LG Electronics Inc., the South Korean home appliance giant that is also the world’s No. 1 home electronics seller, is sure it can hold its mar...

Corning stepping stone for Samsung's global leap: Chairman Lee

Their relationship dates back to 1973 when Samsung founder Lee Byung-chull and Amory Houghton Jr., then-chairman of Corning Inc., met to discuss a b...

Korea emerges as growth market, design hub for global brands

Global fashion and luxury goods brands are opening directly managed stores in South Korea, one of their growth markets, ending their decades-long re...

NewJeans selected as global ambassador for Pepero

Lotte Wellfood announced on Friday that it has appointed K-pop girl group NewJeans as the global ambassador for its iconic snack brand, Pepero. Know...

Corning produces ultra-thin bendable glass in Korea

Corning Inc. has built its first integrated supply chain to produce next-generation, ultra-thin bendable glass in South Korea, where it plans to inv...

WEMIX listed on US virtual asset exchange Tapbit

South Korean game publisher WeMade Co. announced on Thursday that its cryptocurrency WEMIX will be listed on the US cryptocurrency exchange Tapbit.&...