Louis Vuitton creates jobs for Korean women returning from career breaks

Louis Vuitton will create jobs for South Korean women coming back from career breaks, a rare move for a global high-end brand in the fast-growing lu...

Innocean joins top 10 brand marketing agencies in India

Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Wednesday that its Indian corporation has joined top 10 of local brand m...

Find opportunities amid macro uncertainty in 2023: M&G

Markets today are in the midst of a shift as interest rate hikes are nearing their end and economic growth is challenged. Other changes in demogra...

Korea’s L&F to build $609 mn EV battery precursor plant

L&F Co., a major South Korean electric vehicle battery material maker, is set to spend up to 800 billion won ($608.8 million) on a factory in ...

Korea's NPS maintains good grade despite heavy losses: finance ministry

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund with 939 trillion won ($713 billion) in assets as of end...

POSCO, JSW discuss eco-friendly reduction steel production

Chairman of POSCO Group Choi Jeong-woo met with Sajjan Jindal, Chairman of JSW Steel, India's largest steel conglomerate, to discuss collaboration...

Music copyright trading platform Musicow attracts $46 mn from STIC

Musicow Inc. has garnered an additional 60 billion won ($45.8 million) from Seoul-based venture capital and private equity firm STIC Investments Inc...

Korean biodiesel firm Dansuk sets sights on battery recycling business

KUNSAN, North Jeolla Province – Dansuk Industrial Co., a South Korean fine chemical company, has for decades produced polyvinyl chloride (PVC)...

Jaeger-LeCoultre unveils project with S.Korean artist

The Swiss luxury watch and clock maker Jaeger-LeCoultre on Monday unveiled "Origin," a collaborative work with South Korean digital media artist Y...

US antitrust body blocks $1.4 bn Korean Air-Asiana deal

Korean Air Lines Co. ’s acquisition of smaller domestic rival Asiana Airlines Inc. is poised to collapse after the US antitrust agency raised ...

S.Korean Army opens Future & Innovation Research Center at KAIST

South Korean army announced that the Korea Army Research Center for Future & Innovation, a defense-related advanced science and technology resea...

Hyosung Chemical makes emergency investment in crisis-hit Vietnamese subsidiary

Hyosung Chemical announced on Monday that it will invest $120 million in its Vietnamese subsidiary, Hyosung Vina Chemicals Co.Hyosung Vina Chemicals...

Funds from West to emerging Asia power S.Korean stocks

Foreigners reported a record purchase of South Korean shares despite a global economic slowdown, as money moved from the US and Europe into emerging...

A Goliath vs. Davids battle in the S.Korean OTT market

Netflix Inc. is poised to further distance itself from its money-losing local peers in the South Korean video streaming market this year, as it make...

Another Foreigner Detained in China, This Time a Korean Soccer Pro

SINGAPORE—Chinese police have detained a South Korean soccer player on allegations of bribery, the latest in a spate of enforcement actions af...

Celltrion Healthcare launches Remsima SC in Brazil

South Korean biopharmaceutical company Celltrion Healthcare Co. revealed on Monday its introduction of Remsima SC, a treatment for autoimmune diseas...

LG Innotek seeks to bolster innovation through a broader talent pool

Efforts by LG Innotek Co. to diversify its talent pool have borne fruit by boosting its competitive edge, under its chief executive's focus on bro...

JPMorgan Chase's Jamie Dimon to visit S.Korea on June 5

JPMorgan Chase & Co. Chairman and CEO Jamie Dimon is set to visit Seoul on June 5 and discuss South Korea’s overseas investments with exec...

UAE state funds gear up for $30 bn S.Korean investment

Senior officials of the Abu Dhabi Investment Authority (ADIA) and other major sovereign funds of the United Arab Emirates (UAE) met with executives ...

HD KSOE wins order $88 mn for two product carriers

HD Hyundai's shipbuilding intermediate holding company, HD Korea Shipbuilding & Offshore Engineering (HD KSOE), said on Friday that it has sec...

Funding gap creates opportunities in private real estate debt: ASK 2023

Global real estate investors will see the funding gap continue for a while, which creates opportunities for private debt in the sector. The office s...

LS Group's US affiliate SPSX to raise $150 mn in pre-IPO

LS Group’s US cable affiliate Superior Essex (SPSX) plans to raise $150 million (200 billion won) via a South Korean private equity fund (PEF)...

Korean Air-Asiana merger hits roadblock in US, Europe

The proposed merger between South Korea’s two largest airlines hit a roadblock in the West as a media outlet reported that the US government i...

LG Energy Solution secures lithium concentrate in N.America

South Korea's battery maker LG Energy Solution Ltd. announced on Friday that it has signed a lithium concentrate supply contract with Australian c...

US office recovery will be slow in volatile market: Korean investors

Increased rates will impact global real estate deals and slash property values, according to major institutional investors in South Korea. The US of...

Nexen Tire invests $1.3 bn to build US factory

South Korea's Nexen Tire Corp. plans to invest $1.3 billion (1.73 trillion won) to build its first-ever factory in the United States. Starting fro...

Samsung SDS bolsters Cello Square with tech upgrades, global push

Samsung SDS Co., the information technology service unit under Samsung Group, has upgraded its digital forwarding freight service platform to bring ...

1% reduction in working-age population reduces GDP by 0.59%: report

A study has revealed that a decrease in the working-age population due to low birth rates and an aging population, coupled with an increase in the d...

S.Korean AI chip developer DeepX ready to take on Nvidia: CEO

Demand for artificial intelligence microprocessors is set to grow astronomically as electronics and cars are becoming smarter, said DeepX chief, add...

S.Korea to send $130 mn in aid for Ukraine’s reconstruction

South Korea will aid the reconstruction of Ukraine, which is at war with Russia, through loans worth $130 million from the Economic Development Coop...