K-pop fan platform company DearU to enter into Japan

DearU Co., a K-pop fandom platform in South Korea, announced the launch of the Japanese version of "bubble" on Tuesday. DearU bubble is a private me...

Lotte builds US antibody-drug conjugate plant with $82 mn

South Korea’s Lotte Biologics Co. is establishing an antibody-drug conjugate (ADC) factory in Syracuse, New York, with an investment of 110 bi...

BBQ's Chicken Camp gets popularity from foreign tourists

Foreign tourists looking for Chicken Camp, operated by BBQ, a South Korean fried chicken brand, have been increasing noticeably. Chicken Camp is a c...

S.Korea’s Q3 GDP up 0.6% on-quarter on recovery in exports

South Korea’s economy in the third quarter grew 0.6% from the previous quarter, extending a growth streak to three consecutive quarters on a r...

KB Financial beats profit forecast on higher interest rates

KB Financial Group Inc., South Korea’s top financial holding company by assets, on Tuesday reported better-than-expected net profit in the thi...

K-food, beauty franchise stores set for Laos foray

Laos’ largest private company Kolao Group has attracted about a dozen South Korean franchise operators to join its aggressive push into the So...

LS Materials seeks November listing in $60 mn IPO

LS Materials Co., a South Korean energy storage devices maker, on Monday submitted a securities report to the Korea Exchange for an initial public o...

CJ CheilJedang to export K-Street Foods

South Korean food company CJ CheilJedang Corp. ’s strategic product lineup K-Street Food will be launched in June next year on major global ma...

South Korea attracts more African countries to food project

South Korea is increasing the number of African countries participating in its official development assistance (ODA) project to alleviate the chroni...

Pablo Air secures $15.5 mn in pre-IPO investment

Pablo Air Co. Ltd., a specialized drone control company, announced on Friday that it has attracted an investment of 21 billion won ($15.5 million) i...

BOK chief says inflation may ease more slowly than expected

South Korea’s central bank chief on Thursday said inflationary pressure in Asia’s fourth-largest economy may ease more slowly than earli...

Bank Woori Saudara to open 160th Indonesian branch

South Korea's Woori Bank announced on Wednesday its Indonesian subsidiary Bank Woori Saudara is set to open a new outpost in Pekanbaru, Sumatra's Ri...

Tesla supplier L&F's precursor unit begins IPO process

L&F Co., a South Korean electric vehicle battery materials supplier to Tesla Inc., has embarked on a process to list its subsidiary in the local...

Korea Inc.’s record short-term borrowing raises specter of debt overhang

South Korea’s short-term corporate loan growth is picking up at a fast pace, stirring concern among some analysts who see parallels to the 200...

Ably's amood to support K-fashion's expansion into Japan

South Korean fashion commerce platform Ably Corp. announced on Wednesday its Japanese shopping platform amood starts a one-stop service for domestic...

HSBC, BNP Paribas to be fined for naked short sales in S.Korea

South Korea's Financial Supervisory Service (FSS) will fine the Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and Bank BNP Paribas the large...

KakaoBank to acquire 10% stake in Super Bank Indonesia

South Korea's KakaoBank Corp. announced on Tuesday its decision to invest in Indonesia's digital banking entity PT Super Bank Indonesia.This move ...

Dollar/won in wildest swing in 13 yrs despite intervention

The South Korean won suffered its wildest fluctuation against the dollar this year since 2010, shrugging off heavy dollar-selling intervention by lo...

Korean banks go digital in Southeast Asia for non-interest gains

South Korea’s top four banks are strengthening their overseas operations, particularly in the digital banking business, to increase their non-...

Doosan Robotics looks for M&A targets post-IPO: CEO

When Ryu Junghoon was tapped as chief executive of Doosan Robotics Inc. two years ago, he vowed to turn the young robot-making company into an indus...

Korean Hana ties up with Saudi EXIM Bank for Middle East biz

Hana Financial Group, South Korea’s third-largest financial holding company, joined hands with the Saudi Export-Import Bank to expand its mark...

Net-zero by 2050 will hit S.Korea’s economic growth: BOK

The net zero emission target by 2050 is forecast to lower South Korea’s economic growth rate by an average of 0.6 percentage point per year ...

Are virtual idols the next big thing in K-content?

South Korea's booming virtual idol sector, which combines K-pop content and technology, is fueling interest on the enter-tech (entertainment and tec...

Doosan Robotics attracts $24.8 billion from retail investors in IPO deposits

Doosan Robotics Inc., a unit of South Korea’s Doosan Group, has attracted billions of dollars from retail investors in subscription deposits f...

KT provides digital document storage for Shinhan Bank

South Korea's KT Corp announced on Friday the launch of a new digital document storage service at Shinhan Bank, linking with a public electronic doc...

K-food behind Japanese travelers' rush to S.Korea

South Korea is actively promoting itself as a foodies’ heaven to invite more Japanese tourists who have already contributed the most to the co...

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

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

Koreans’ US dollar selling spree continues in anticipation of weaker USD

US dollar investors in South Korea have not backed down from their shorting position of the currency despite the strengthening dollar against the Ko...

Stamps of K-Street food to be issued on Sept. 21

South Korea's state-run postal service agency Korea Post announced on Wednesday that it will issue 1.28 million commemorative stamps featuring two o...

Celltrion builds clinical data bank for new biosimilars

The use of data and computing is a new paradigm in the biopharmaceutical industry, reducing the new drug development time and cost, Celltrion Inc. C...