LG Electronics brings gardening indoors with plant cultivator Tiiun

LG Electronics brings gardening indoors with plant cultivator Tiiun

LG Electronics Inc. is bringing gardening indoors by unveiling a plant growing appliance, which allows consumers to grow flowers, vegetables and her...

Yanolja likely to buy $250 mn stake in Interpark spin-off

Yanolja likely to buy $250 mn stake in Interpark spin-off

South Korea's top travel and accommodation platform Yanolja Inc., backed by SoftBank, was on Thursday named as the preferred buyer of a majority sta...

Tesco ordered to return $160 mn to MBK over Homeplus deal

Tesco ordered to return $160 mn to MBK over Homeplus deal

Tesco Plc, the UK's largest retailer, was recently ordered by an international arbitration court to return £119 million ($163 million) to MBK ...

Computers, a must-have in the contactless work-from-home era

Computers, a must-have in the contactless work-from-home era

Computers, a must-have in the contactless work-from-home era South Korea’s exports of computers and peripheral devices have logged steady gro...

Korean shipbuilders turn focus to high-value vessels

Korean shipbuilders turn focus to high-value vessels

South Korean shipbuilders, brimming with heavy order backlogs, are turning their focus to high-value and eco-friendly vessels for new orders as the ...

POSCO emerges from pandemic blues with record third-quarter profit

POSCO emerges from pandemic blues with record third-quarter profit

South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-time high quarterly ...

Ssangyong Motor struggles to find new owner

Ssangyong Motor struggles to find new owner

Ssangyong Motor Co., the troubled South Korean sport utility vehicle manufacturer, is struggling to find a new owner amid doubts as to whether the e...

Korean auto shares shine in gloomy stock market

Korean auto shares shine in gloomy stock market

South Korean car shares overcame slides in the country’s stock markets as the automotive chip shortage is showing some signs of easing.Global ...

Joe Bae to co-lead KKR as 2nd Korean-descendent CEO of a PE giant

Joe Bae to co-lead KKR as 2nd Korean-descendent CEO of a PE giant

Joseph Bae, co-president of KKR & Co., was named as its co-chief executive officer this week, becoming the second Korean descendent CEO to lead ...

LG Electronics Q3 profit halves on GM recalls, sales at record-high

LG Electronics Q3 profit halves on GM recalls, sales at record-high

LG Electronics Inc. said on Tuesday it expects its third-quarter operating profit to plunge as heavy costs for General Motors Co.’s recall of ...

KKR named as preferred buyer of SK E&S' $2 bn new shares

KKR named as preferred buyer of SK E&S' $2 bn new shares

KKR & Co. has secured the exclusive negotiating rights to buy SK E&S Co.'s new preferred shares worth 2.4 trillion won ($2 billion), which t...

Korea private debt growth at record high of $98 bn in Q2

Korea private debt growth at record high of $98 bn in Q2

South Korea’s private sector debt jumped near $100 billion in the April-June period, a record high of quarterly growth, amid an overheating pr...

LG Chem to build technical support centers in EU, US

LG Chem to build technical support centers in EU, US

LG Chem Ltd. will expand global clients’ accessibility to its technical support professionals. The chemical company said on Oct. 11 that it wi...

Samsung Q3 operating profit at 3-year high on chips, Galaxy

Samsung Q3 operating profit at 3-year high on chips, Galaxy

Samsung Electronics Co., the world’s top memory chip and smartphone maker, reported its highest operating profit in three years with record ...

Hyundai Heavy to rebuild talent pool for tech-driven biz restructuring

Hyundai Heavy to rebuild talent pool for tech-driven biz restructuring

Hyundai Heavy Industries Group will deploy more than half of its new hires of R&D in future growth areas such as hydrogen, self-driving vessels,...

Digital transformation, a matter of life and death: Autodesk CEO

Digital transformation, a matter of life and death: Autodesk CEO

SILICON VALLEY – One of the things that have drastically changed the business environment in the pandemic era is the prevalence of companies t...

New Mercedes-Benz C-Class equipped with LG ADAS camera

New Mercedes-Benz C-Class equipped with LG ADAS camera

The new Mercedes-Benz C-Class is equipped with LG Electronics Inc.’s advanced driving assistance system (ADAS) camera module, helping the Sout...

LS Cable wins $168 mn submarine cable deal from Taiwan

 LS Cable wins $168 mn submarine cable deal from Taiwan

LS Cable & System Ltd., South Korea’s top wire and cable producer, won a $168 million submarine cable supply deal from Taiwan, reinforcing...

Chip shortage slams Korean carmakers’ new car rollouts

Chip shortage slams Korean carmakers’ new car rollouts

The unprecedented global chip shortage is thwarting automakers’ plans to roll out new vehicles, with some popular models set to be delivered t...

Korea benchmark bond yield near 2-1/2-year high

Korea benchmark bond yield near 2-1/2-year high

South Korea’s benchmark bond yield hit the highest level in about two and a half years as expectations of tighter monetary policies at home an...

Korea's first-generation platforms collapse, ringing in new e-commerce era

Korea's first-generation platforms collapse, ringing in new e-commerce era

South Korea's first-generation e-commerce platforms, which have been around since the 1990s, are rushing to sell off their businesses as their valua...

Hyundai Glovis launches ECOH brand for hydrogen, battery businesses

Hyundai Glovis launches ECOH brand for hydrogen, battery businesses

Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, said on Monday it is launching a new brand to beef up its eco-friendly business, includ...

SK Innovation officially launches battery, E&P split-offs

SK Innovation officially launches battery, E&P split-offs

South Korea’s SK Innovation Co. on Friday officially launched its battery and petroleum exploration and production businesses as separate enti...

With Hyundai’s Genesis GV60, your face is the key to unlock the door

With Hyundai’s Genesis GV60, your face is the key to unlock the door

If you own Hyundai Motor Co.'s latest premium electric crossover, the GV60, set for roll-out next month, you can just touch the handle and show your...

Hyundai Motor’s shares fall to 9-month low; new mobility key to rebound

Hyundai Motor’s shares fall to 9-month low; new mobility key to rebound

Shares of South Korea’s top automaker Hyundai Motor Co. have fallen to their lowest level in nine months, bucking the trend of its global peer...

Dongkuk Steel adds another production line of color coated steel

Dongkuk Steel adds another production line of color coated steel

Dongkuk Steel Mill Co., the world’s leading manufacturer of color coated steel, has expanded its production capacity even further. The company...

Time to invest in luxury hotels in Korea: JLL executive

Time to invest in luxury hotels in Korea: JLL executive

The COVID-19 pandemic has been particularly hard on the hotel industry, exposing it as one of the most vulnerable to the crisis amid the global lock...

BOK to exclude high emitters from FX reserves portfolio

BOK to exclude high emitters from FX reserves portfolio

The Bank of Korea (BOK) is planning to exclude the bonds and equities issued by high carbon emitters from its foreign reserves portfolio in stages, ...

Digital stationery marketplace Webudding charms MZers

Digital stationery marketplace Webudding charms MZers

Stationery products such as planners, calendars and notepads have long been essential everyday items for busy people. And the stationery market has ...

Recycled plastic in growing demand as Korean firms pursue ESG business

Recycled plastic in growing demand as Korean firms pursue ESG business

Plastic recyclers have known for years that there is money to be made in plastic waste. And the stakes are high these days as the prices of recycled...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation