NPS buys more Hyosung Heavy Industries, LS Electric shares in Q2

NPS buys more Hyosung Heavy Industries, LS Electric shares in Q2

National Pension Service (NPS) of South Korea increased investments in local machinery, shipbuilding and semiconductor stocks in the second quarter ...

Kakao Pay launches ATM service in Japan, Vietnam, Laos

Kakao Pay launches ATM service in Japan, Vietnam, Laos

South Korea’s Kakao Pay Corp. on Wednesday said it started an overseas withdrawal service at automatic teller machines (ATM) in partnership wi...

SK Square, SK Hynix set up $77 million chip investment unit

SK Square, SK Hynix set up $77 million chip investment unit

SK Square Co. and SK Hynix Inc., together with two other South Korean companies, have launched a 100 billion won ($77 million) joint investment unit...

S.Korea's T&R Biofab secures patent in Japan for 3D-printed liver

S.Korea's T&R Biofab secures patent in Japan for 3D-printed liver

South Korea's regenerative medicine company T&R Biofab Co. on Monday said it obtained a patent in Japan for production technology for liver or...

Jeju Air becomes 1st S.Korean LCC to surpass 100 mn passenger mark

Jeju Air becomes 1st S.Korean LCC to surpass 100 mn passenger mark

South Korea's low-cost carrier (LCC) Jeju Air Co. on Sunday said its cumulative number of passengers exceeded 100 million 17 years after the company...

Japan sends most tourists to S.Korea in May: tourism body

Japan sends most tourists to S.Korea in May: tourism body

Most visitors to South Korea last month were from Japan. The Korea Tourism Organization on Thursday said its tourism data found that the number...

S.Korea, Japan to resume bilateral currency swap for dollars

S.Korea, Japan to resume bilateral currency swap for dollars

South Korea and Japan are set to revive their bilateral currency swap line to bolster their dollar liquidity this week after an eight-year suspensio...

Interpark Triple sees surge in sales of Japan tours, activities

Interpark Triple sees surge in sales of Japan tours, activities

Sales of Japan tour and activity products to South Korean travelers have surged in recent weeks, driven by an increase in the number of independent ...

Hyundai, Kia invest extra $1.5 mn in automotive chip startup

Hyundai, Kia invest extra $1.5 mn in automotive chip startup

Hyundai Motor Co. and Kia Corp. announced on Wednesday that they have invested extra 2 billion won ($1.54 million) in BOS Semiconductors, a vehicle ...

S.Korea to return to Japan’s preferential trade partner list in July

S.Korea to return to Japan’s preferential trade partner list in July

Japan has decided to put South Korea back on the list of its preferential trade partners, nearly four years after its removal. The Korea-Japan trade...

Hyundai Mobis overtakes Japan's Aisin on global auto parts market

Hyundai Mobis overtakes Japan's Aisin on global auto parts market

South Korea's Hyundai Mobis has surpassed Japan's Aisin, its biggest competitor in auto parts excluding batteries, to break into the top five on the...

Hyundai Motor partners with Japanese culture content firm for EV sales

Hyundai Motor partners with Japanese culture content firm for EV sales

South Korean automaker Hyundai Motor Co. and Japanese lifestyle content company Culture Convenience Club (CCC) on Thursday announced a strategic par...

Korean cosmetics maker Able C&C rejuvenated by sales in Japan, US

Korean cosmetics maker Able C&C rejuvenated by sales in Japan, US

Able C&C, the parent of South Korea’s first-generation low-priced cosmetics brand Missha, has swung to the black after years of net losses...

S.Korea's chip pioneer Amkor aims to rule packaging sector

S.Korea's chip pioneer Amkor aims to rule packaging sector

The history of semiconductors in South Korea, a global tech powerhouse with the world’s two largest memory chipmakers, Samsung Electronics Co....

Kooksoondang to export limited edition makgeolli to Japan in four years

Kooksoondang to export limited edition makgeolli to Japan in four years

Kooksoondang Co., a South Korean brewery that produces traditional rice-based wines, announced on Friday that it will export 100,000 bottles of the ...

Seoul Semiconductor beats Samsung Elec in LED market

Seoul Semiconductor beats Samsung Elec in LED market

Seoul Semiconductor Co., South Korea’s hidden tech champion, beat Samsung Electronics Co., a global electronics giant, in the world’s li...

KOTRA holds IR meeting in Tokyo for Japanese companies

KOTRA holds IR meeting in Tokyo for Japanese companies

Invest Korea, KOTRA's organization dedicated to attracting foreign investment, held an IR for Japanese companies interested in entering South Korea ...

S.Korea’s mobile carriers seek future from service robots

S.Korea’s mobile carriers seek future from service robots

South Korea’s mobile carriers are strengthening the service robot business as the sector, combined with their know-how in the telecommunicatio...

Enemies at the door: Copycat Samsung plant in China

Enemies at the door: Copycat Samsung plant in China

As Samsung Electronics Co. endeavors to cement its leadership in the semiconductor market, so its competitors are pulling out all the stops to toppl...

KB Financial, Sompo Japan team up for boosting nursing care services

KB Financial, Sompo Japan team up for boosting nursing care services

South Korea's KB Financial Group and Japan's Sompo Holdings announced on Friday a memorandum of understanding (MOU) to collaborate on nursing care s...

S.Korean gov’t to showcase domestic fresh eggs in Hong Kong

S.Korean gov’t to showcase domestic fresh eggs in Hong Kong

South Korean Ministry of Agriculture, Food and Rural Affairs and Korea Agro-Fisheries & Food Trade Corporation (aT) announced on Friday that it ...

S.Korea to discuss bilateral currency swap with Japan

S.Korea to discuss bilateral currency swap with Japan

South Korea plans to discuss with Japan the re-establishment of their bilateral currency swap line, said its finance minister on Thursday, as the di...

Glonet: A case of Korea's logistics David vs Japan’s shipping Goliath

Glonet: A case of Korea's logistics David vs Japan’s shipping Goliath

TOKYO – Glonet Co. is a novice logistics company hardly known in Japan’s time-honored shipping industry.The small South Korean shipping ...

LG, FuriosaAI to jointly develop next-generation AI chip

LG, FuriosaAI to jointly develop next-generation AI chip

LG AI Research Institute announced on Wednesday its strategic alliance with FuriosaAI, South Korea’s fabless chip designer. The partnership ...

S.Korea, Japan to resume finance ministers' meeting

S.Korea, Japan to resume finance ministers' meeting

South Korea's Ministry of Strategy and Finance announced on Friday that Kim Seong-wook, the ministry's Director of the Office of International Finan...

LG Chem’s CEO searches for talent in Japan to lead new growth engines

LG Chem’s CEO searches for talent in Japan to lead new growth engines

Vice Chairman and CEO Shin Hak-cheol of South Korea's largest chemical company LG Chem Ltd. is looking for talent in Japan to lead his company's thr...

Riiid inks deal with ALC to expand its AI-based TOEIC platform in Japan

Riiid inks deal with ALC to expand its AI-based TOEIC platform in Japan

South Korean AI-powered edtech firm, Riiid, announced on Thursday it has partnered with ALC, a premier brand in the Japanese language education indu...

Hanmi Semiconductor sets up local corporation in Vietnam

Hanmi Semiconductor sets up local corporation in Vietnam

South Korean chip equipment maker Hanmi Semiconductor Co. said on Wednesday that it has set up a local subsidiary, Hanmi Vietnam, in the Bac Ninh re...

S.Korean chips’ heavy reliance on China, US poses risk to national economy

S.Korean chips’ heavy reliance on China, US poses risk to national economy

South Korea’s semiconductor industry is more vulnerable to economic and industrial shifts in its key export markets than those of its rivals T...

S.Korean's interest in Japan travel surpasses pre-No Japan levels

S.Korean's interest in Japan travel surpasses pre-No Japan levels

A survey result indicates an increased interest in travel to Japan compared to pre-No Japan boycott levels, while interest in travel to China has pl...

S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial F&F’s bid for TaylorMade complicates Centroid's exit