Polestar 4 EV to be built at Renault’s Korean plant from 2025

Polestar 4 EV to be built at Renault’s Korean plant from 2025

Swedish electric vehicle maker Polestar will build its upcoming Polestar 4 SUV coupe at Renault Group’s manufacturing plant in South Korea fro...

Shinsegae, Galleria woo Louis Vuitton, Rolex for new growth

Shinsegae, Galleria woo Louis Vuitton, Rolex for new growth

Louis Vuitton and Rolex brands are status symbols for customers and so they are for department stores in South Korea.Shinsegae Inc. and Hanwha Galle...

Doosan Bobcat to build new factory in Mexico

Doosan Bobcat to build new factory in Mexico

Doosan Bobcat Inc., the construction and agricultural machine manufacturer of South Korea’s Doosan Group, announced on Wednesday it plans...

Celltrion enjoys record earnings on healthy biosimilar biz

Celltrion enjoys record earnings on healthy biosimilar biz

South Korean pharmaceutical giant Celltrion Inc. logged record quarterly earnings on the strong performance of its key biosimilar products while exp...

SK Geo Centric switches to recycled materials for petchem packaging

SK Geo Centric switches to recycled materials for petchem packaging

South Korea’s SK Geo Centric Co. is using recycled materials for product packaging as it aims to transform itself into a green petrochemical p...

On-device AI chips: New battleground for chipmakers

On-device AI chips: New battleground for chipmakers

As on-device artificial intelligence, designed for smart gadgets such as smartphones, laptops and autonomous-driving cars, emerges as a mega-trend f...

LG CNS to join New York digital transformation project

LG CNS to join New York digital transformation project

South Korea's information technology service provider LG CNS announced on Friday it has signed a memorandum of understanding (MOU) for a digital tra...

Daewoo E&C opens new branch in Turkmenistan

Daewoo E&C opens new branch in Turkmenistan

South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) opened a branch in Ashgabat, the capital of Turkmenistan, on Oct. 31, the c...

Hillhouse to up investment in S.Korea with new hires

Hillhouse to up investment in S.Korea with new hires

Hillhouse Investment Management Ltd., one of the largest private equity firms in Asia, is set to create an investment team dedicated to the South Ko...

Hyundai Motor Group units’ profits double as Chung enters 4th year

Hyundai Motor Group units’ profits double as Chung enters 4th year

South Korea’s Hyundai Motor Group saw the combined operating profit of its 11 affiliates more than double in the third quarter as Chairman Chu...

Kia reveals facelift of midsize sedan K5

Kia reveals facelift of midsize sedan K5

Kia Corp. unveils the new K5, a facelift model of its signature midsize sedan K5. This car is the revamped of third-generation K5, launched in 2019....

KHNP submits final bid for Czech Republic’s new nuclear power unit

KHNP submits final bid for Czech Republic’s new nuclear power unit

Korea Hydro & Nuclear Power Co. (KHNP) has submitted a final bid to the Czech Republic’s state-run Elektrarna Dukovany II (EDU II) to cons...

SK Innovation, ENEOS to co-work for low-carbon energy

SK Innovation, ENEOS to co-work for low-carbon energy

SK Innovation Co. said on Wednesday it will bolster its alliance with Japan's largest petroleum refiner ENEOS. This decision builds on their histor...

KT to develop smart city in Indonesia's new capital

KT to develop smart city in Indonesia's new capital

South Korea's KT Corp. plans to apply smart city technologies such as quantum communication and cybersecurity to Nusantra, the new administrative ca...

Hyundai bets big on deep discounts to survive EV plateau

Hyundai bets big on deep discounts to survive EV plateau

Hyundai Motor Co. is going all out to revive drivers’ interest in electric vehicles with significant price cuts in the US, the world’s s...

E-Land eyes another leap forward in China under new strategy

E-Land eyes another leap forward in China under new strategy

SHANGHAI – E-Land World Ltd., a South Korean fashion and retail company, is gearing up for another leap forward in China, where the company&rs...

Daewoong Pharma, Merck team up for AI tech for new drug

Daewoong Pharma, Merck team up for AI tech for new drug

South Korea's Daewoong Pharmaceutical announced on Tuesday it signed with memorandum of understanding (MOU) with Merck Life Science to build an arti...

Woori Bank to add two new branches in India 2024

Woori Bank to add two new branches in India 2024

South Korea's Woori Bank plans to open two new branches in India in the first half of next year. The bank announced on Tuesday it has obtained ...

Nexon’s 'The Finals' draws record-high concurrent users

Nexon’s 'The Finals' draws record-high concurrent users

South Korea’s game publishing giant Nexon Co. is set to release another blockbuster game after its new first-person shooting game “The F...

Hyundai unveils Avante N1 Cup Car

Hyundai unveils Avante N1 Cup Car

Hyundai Motor Co. has unveiled the "Avante N1 Cup Car," which will be introduced in the 2024 season of the largest one-make race event in South Kore...

Kia reveals exterior design of the new Carnival

Kia reveals exterior design of the new Carnival

Kia Corp., South Korea’s second-largest automaker, unveiled the new exterior design of its flagship large leisure vehicle Carnival on Friday. ...

Digital infrastructure as essential as water today: asset managers

Digital infrastructure as essential as water today: asset managers

Digital assets are important components of change in the infrastructure investment landscape today and are as essential as water and electricity, ex...

Samsung Biologics eyes new drugmaker acquisitions

Samsung Biologics eyes new drugmaker acquisitions

BARCELONA -- Samsung Biologics Co., the world’s top contract manufacturing organization by capacity, is looking for acquisitions of new drugma...

Innocean to invest $370 million in new growth drivers

Innocean to invest $370 million in new growth drivers

Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, will invest 500 billion won ($370 million) for four years u...

LG Elec to launch new business with startup: LG NOVA head

LG Elec to launch new business with startup: LG NOVA head

SAN FRANCISCO – LG Electronics Inc. will set up a new business entity focusing on some of its new growth pillars — digital healthcare, c...

S.Korea’s ModaModa unveils new hair darkening shampoo

S.Korea’s ModaModa unveils new hair darkening shampoo

South Korean haircare brand ModaModa launched its second-generation hair darkening shampoo "ModaModa Zero Gray Black Shampoo" on Thursday. Prev...

S.Korea releases winter schedule for weekly int’l flights

S.Korea releases winter schedule for weekly int’l flights

South Korea will expand its number of weekly flights this winter to Japan and Southeast Asia, two regions expected to have high demand that season, ...

Korea’s Teachers’ Pension names SK Securities VP as CIO

Korea’s Teachers’ Pension names SK Securities VP as CIO

South Korea’s Teachers’ Pension has named Jeon Bum-sik, a vice president at SK Securities Co. with three decades of investment experienc...

Lotte Wellfood promotes Pepero Day in New York

Lotte Wellfood promotes Pepero Day in New York

South Korea's Lotte Wellfood Co. announced on Thursday it has started the global campaign for Pepero in the US, the company's iconic chocolate-cover...

Tesla supplier L&F to ink $15 bn materials deal in Europe

Tesla supplier L&F to ink $15 bn materials deal in Europe

L&F Co., a South Korean electric vehicle battery materials supplier to Tesla Inc., is set to sell products in Europe through an estimated $15 bi...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal