Hanwha E&C, Panasia sign joint hydrogen production agreement

The construction division of Hanwha Corp. said on Wednesday that it has signed an agreement to produce hydrogen based on biogas with Panasia, an eco...

SK E&S builds world's largest production base for blue hydrogen

South Korea's SK E&S has accelerated a blue hydrogen project in Boryeong, South Chungcheong Province, in what will be the world's largest comple...

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...

Doosan obtains certification on hydrogen batteries for drones

Doosan Mobility Innovation (DMI) said on Wednesday that its hydrogen fuel cell power pack DP30M2S product, which is mounted on hydrogen-fueled drone...

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 ...

Hyundai Motor Group sells hydrogen fuel cell systems to German firm

Hyundai Motor Group will supply a large quantity of hydrogen fuel cell systems to an eco-friendly truck manufacturer in Europe.South Korea's top c...

S.Korea leads liquid hydrogen fuel tank technology standards

South Korea's draft proposal on aviation liquid hydrogen fuel tanks was adopted as an international standard at the International Organization for S...

Hyundai Motor sells hydrogen-powered truck Xcient in S.Korea

Hyundai Motor Co. on Thursday said it launched sales of its hydrogen-powered fuel cell truck Xcient Fuel Cell in South Korea.The model is the worl...

Lotte Chem, Air Liquide Korea launch JV for hydrogen business

South Korea’s chemical firm Lotte Chemical Corp. and Air Liquide Korea, the Korean unit of the French company Air Liquide SA, announced on Tue...

Korea’s industrial losses balloon to $1.2 bn as truckers continue strike

South Korea’s manufacturing sector faces ballooning losses across industries as the trucker strike entered its eighth day on Thursday, disrupt...

Average household debt in South Korea exceeds $69,000 so far this year

The average household debt in South Korea has exceeded 90 million won ($69,284). While the figure appears to be high by Korean standards, average ho...

Doosan Enerbility develops amonia cracking technology for hydrogen power generation

South Korea's plant builder Doosan Enerbility plans to secure ammonia cracking technology which can be utilized for hydrogen co-fired power plants. ...

Hyundai Mobis rolls out self-developed hydrogen-powered forklift

Hyundai Mobis has demonstrated a forklift powered by the company's self-developed hydrogen fuel cells, heightening prospects of the hydrogen mobilit...

Korea Zinc exchanges treasury shares with LG Chem, Hanwha Corp.

Korea Zinc Co. will exchange part of its treasury shares with those of LG Chem Ltd. and Hanwha Corp. in a move seen to strengthen the secondary batt...

SK, Doosan to launch hybrid EV fuel cell charging stations

South Korea’s SK Energy Co., refiner giant SK Innovation Co.’s petroleum production subsidiary, said on Tuesday it will join forces with...

Why the global economy needs BOK’s Rhee to stand firm

Rhee Chang-yong could be excused for never wanting to hear the word 'Legoland' again.The Bank of Korea governor spent the first six months of his tenu...

Samsung C&T, KSS Line to jointly transport clean hydrogen, ammonia

Samsung C&T Corp., the construction and trading arm of Samsung Group, is set to build an infrastructure for maritime transportation of clean hyd...

Korea's SK E&S to produce 30,000 tons of liquid hydrogen per year

SK E&S, the energy affiliate of SK Group, from next year will start domestic output and distribution of up to 30,000 tons of liquid hydrogen ann...

Samsung Heavy develops liquefied hydrogen fuel cell system

Samsung Heavy Industries has succeeded in developing a liquefied hydrogen fuel cell system for use in marine propulsion. The electric power is ...

Hyundai, China’s CICC in initial deal for commercial vehicle business

South Korea’s Hyundai Motor Co. said on Tuesday it has partnered with China International Capital Corp. (CICC), China’s largest investme...

Falling Korea current account surplus heightens economic woes

South Korea’s current account surplus has shrunk on falling exports, adding to concerns over a slowdown in Asia’s fourth-largest economy...

Korea’s 1st export decline in 2 years dims BOK’s big-step rate hike outlook

South Korea’s exports fell for the first time in two years in October, posting a trade deficit for seven months in a row – the clearest ...

S.Korea to widen tech gap with global shipbuilding rivals

South Korea, the world’s largest shipbuilding country, will expand its production of high-value-added specialized vessels, such as liquefied h...

BOK takes another big step hike as weak won lifts prices

South Korea’s central bank on Wednesday delivered its second 50-basis-point policy interest rate hike as the ailing won currency adds to infla...

Hyundai’s NEXO crossover tops world’s hydrogen vehicle market

Hyundai Motor Co.'s NEXO crossover has become the world’s best-selling hydrogen fuel cell electric vehicle (FCEV) in the first eight months of...

Sinking won fans doubts over Korea’s economic fundamentals

The tanking South Korean won currency has stoked doubts over the fundamentals of Asia’s fourth-largest economy, although the government contin...

S.Korea’s SK Gas expands LNG, hydrogen biz for future

ULSAN -- SK Gas Ltd., South Korea’s leading liquefied petroleum gas (LPG) supplier, is expanding its liquefied natural gas (LNG) and hydrogen ...

Hyundai, Iveco unveil jointly developed hydrogen van

South Korea's Hyundai Motor Co. and Italian truck maker Iveco Group on Monday showcased a large commercial van powered by hydrogen, which they had j...

Samsung C&T ties up with Korean firms for hydrogen biz

Samsung C&T Corp., the construction and trading arm of Samsung Group, has joined forces for the clean hydrogen businesses with South Korean comp...

SK Telecom revs up digital economy on its metaverse platform

South Korea’s top mobile carrier SK Telecom Co. is accelerating a digital economic system on its metaverse platform ifland, the telecom giant ...