Yeolmae and Company emerges as major player in secondary art market

Yeolmae and Company emerges as major player in secondary art market

South Korean startup Yeolmae and Company, which operates ArtnGuide, has recently emerged as a significant player in the art market.ArtnGuide is an o...

LS Cable & System Asia expands cable production capacity in Vietnam

LS Cable & System Asia expands cable production capacity in Vietnam

LS Cable & System Asia said on Thursday that it has invested 6.8 billion won in its Vietnamese subsidiary LS Cable & System Vietnam to compl...

POSCO’s Pohang workers to leave umbrella steel union group

POSCO’s Pohang workers to leave umbrella steel union group

One of two labor unions at Korea’s largest steelmaker POSCO will leave its umbrella group, the Korean Metal Workers’ Union (KMWU), follo...

Daesang Welllife forms joint venture with Sinopharm Group

Daesang Welllife forms joint venture with Sinopharm Group

Daesang Welllife on Thursday said it has concluded a memorandum of understanding (MOU) with China Sinopharm International, an affiliate of China's l...

Hyundai Mobis rolls out self-developed hydrogen-powered forklift

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...

Nexen Tire and Design Council Busan join hands for futuristic models

Nexen Tire and Design Council Busan join hands for futuristic models

Nexen Tire said on Thursday that it has developed three types of future concept tires, including "BTR," "Mearth," and "Nocturne," in collaboration...

HYBE and Kakao Games to be released from mandatory escrow this month

HYBE and Kakao Games to be released from mandatory escrow this month

The Korea Securities Depository said on Wednesday that 225.5 million shares of a total of 58 listed stocks registered as mandatory escrow will be li...

Cento Ventures: High ROI of Korean startups still uncommon knowledge 

Cento Ventures: High ROI of Korean startups still uncommon knowledge 

When it comes to the global startup ecosystem, South Korean cities, including the capital Seoul, often do not come to investors’ minds before ...

Korea adopts USB-C as unified connector for phone charging cable

Korea adopts USB-C as unified connector for phone charging cable

The Korean government has released guidelines on its designation of USB-C as the unified national standard for charging and data transfer connectors...

Blackpink's 'Ice Cream' music video surpasses 800 mn views

Blackpink's 'Ice Cream' music video surpasses 800 mn views

K-pop girl group Blackpink’s “Ice Cream” music video exceeded 800 million views on YouTube around 2 a.m. on Nov. 30 local time, it...

Orion to enter dental disease treatment sector

Orion to enter dental disease treatment sector

Orion Corp., the Korean company, best known for its signature product choco pie, is entering drug development. Instead of indirectly running a joint...

Samsung sets sights on GAA tech to overtake TSMC in foundry

Samsung sets sights on GAA tech to overtake TSMC in foundry

As the contract chip manufacturing, or foundry, business is quickly emerging as the next battlefield for the world’s major chipmakers, The Korea...

SK Telecom to team up with Singapore's Singtel for metaverse venture

SK Telecom to team up with Singapore's Singtel for metaverse venture

SK Telecom Co. on Tuesday said it signed a memorandum of understanding (MOU) with Singapore's top telecom provider Singtel Group on joint business o...

CJ CheilJedang sells 3 million units of vegan food just 10 months after launch

CJ CheilJedang  sells 3 million units of vegan food just 10 months after launch

The plant-based food brand PlantTable of Korean food and biotech giant CJ CheilJedang Corp. has seen three million units in cumulative sales since i...

Sandbox Network pursues corporate restructuring to dig out of red

Sandbox Network pursues corporate restructuring to dig out of red

Sandbox Network, Inc. announced on Sunday that it will go through corporate restructuring and encourage employees to voluntarily resign, hit by cont...

Kia sells 15 million units in Korea over past 60 years

Kia sells 15 million units in Korea over past 60 years

Kia Corp. has sold its 15 million units on the domestic market since releasing its first vehicle six decades ago in 1962.The company on Monday said ...

Vietnam to get its first Korean-style industrial complex

Vietnam to get its first Korean-style industrial complex

A groundbreaking ceremony was held Friday for Vietnam's first Korean-style industrial complex, to be built in the country's northern Hung Yen Provin...

SK expands sustainable food biz with $7.5 mn US investment

SK expands sustainable food biz with $7.5 mn US investment

SK Inc., the holding company of South Korea’s No. 2 conglomerate SK Group, has expanded its sustainable food business by investing in a US-bas...

LG HelloVision, S-1 to jointly enter home security market

LG HelloVision, S-1 to jointly enter home security market

South Korea's cable TV provider LG HelloVision and security company S-1 Corp.  announced they will jointly develop a home-based platform using ...

Hyundai E&C creates world's first children's playground using 3D printing

Hyundai E&C creates world's first children's playground using 3D printing

Hyundai Engineering & Construction said on Thursday it has installed children's playground equipment it made using 3D printing technology at Hil...

Hanwha Q CELLS to join EU project for cutting-edge solar batteries

Hanwha Q CELLS to join EU project for cutting-edge solar batteries

Hanwha Q CELLS Co. on Thursday said it will join an R&D project for next-generation solar cells that has received 15 million euros (around 20 bi...

Mezzion Pharma to try again for US FDA approval of drug

Mezzion Pharma to try again for US FDA approval of drug

South Korea's Mezzion Pharma will seek to get the oral medicine Udenafil to treat side effects from heart surgery, planning to clinical trials in th...

Samsung SDS records record-high share of overseas sales of 71%

Samsung SDS records record-high share of overseas sales of 71%

The overseas sales of South Korea's Samsung SDS comprises 71% of overall revenue, the highest rate since the company launched its business process o...

Kumho Petrochemical to recycle plastic waste with French partner

Kumho Petrochemical to recycle plastic waste with French partner

Kumho Petrochemical on Tuesday said it has concluded a memorandum of understanding (MOU) with French engineering service provider Technip Energies...

CJ CheilJedang serves up K-food for Qatar World Cup fans

CJ CheilJedang serves up K-food for Qatar World Cup fans

South Korean food giant CJ CheilJedang Corp. said on Tuesday it is operating a Korean food section within the Qatar World Cup’s fan zone, mana...

KEPCO turns from bonds to banks for money on govt plans

KEPCO turns from bonds to banks for money on govt plans

Korea Electric Power Corp. (KEPCO) is set to raise 600 billion won ($442 million) from a local bank in a plan to seek loans to secure money instead ...

KEB Hana secures 6% stake in Onmind, part of SK Square's porfolio

KEB Hana secures 6% stake in Onmind, part of SK Square's porfolio

SK Square Co. announced on Monday that Onmind Inc., one of its portfolio companies, raised 2 billion won ($1.5 million) from KEB Hana Bank. The...

Samsung Electro-Mechanics, Postech to develop materials, parts talent

Samsung Electro-Mechanics, Postech to develop materials, parts talent

Samsung Electro-Mechanics on Sunday said it has teamed up with Pohang University of Science and Technology (Postech) to develop outstanding human re...

Daol Investment seeks to sell Thai subsidiary, eyes $75 mn in proceeds

Daol Investment seeks to sell Thai subsidiary, eyes $75 mn in proceeds

South Korea’s Daol Investment & Securities Co. plans to sell a controlling stake in its Thai subsidiary, Daol Thailand PCL, as part of its...

KOGAS to sell $745 mn in hybrid securities despite jittery

KOGAS to sell $745 mn in hybrid securities despite jittery

The state-run Korea Gas Corp. is set to raise some 1 trillion won ($745 million) by issuing hybrid securities to lower its debt ratio although the d...

HYBE Chair Bang referred to prosecutors over alleged unfair trading Vietnam’s top leader to make 1st South Korea visit in 11 years Test case looms for Korea’s revised Commercial Act as VIP Asset challenges Lotte Rental’s rights issue to Affinity HYBE sparks summer vibes with BTS live album, TXT comeback, new boy band launch K-beauty contract manufacturers see record Q2 profits; rally likely to continue