HMM opens Indian-Mediterranean container route

HMM opens Indian-Mediterranean container route

South Korea’s HMM Co. has opened a container route to India and the Mediterranean.  In addition to serving the US and Europe, the conta...

S.Korean oil refiner GS Caltex accelerates advance into cosmetics biz

S.Korean oil refiner GS Caltex accelerates advance into cosmetics biz

GS Caltex Corp., South Korea’s second-largest oil refiner, is expediting its advance into the cosmetics industry as part of its green transfor...

HD Hyundai Infracore targets eco-friendly equipment market

HD Hyundai Infracore targets eco-friendly equipment market

HD Hyundai Infracore Co., a construction equipment unit of South Korea’s HD Hyundai Group, is set to make inroads into the eco-friendly sector...

SK supports memorial monument honoring Korean War figures

 SK supports memorial monument honoring Korean War figures

South Korea's SK Group announced on Thursday its support for the construction of a memorial monument honoring the late Colonel William E. Weber and ...

SK Group to host global forum in Silicon Valley

SK Group to host global forum in Silicon Valley

The top executives of South Korea's SK Innovation Co. and SK Hynix Inc. will discuss future growth strategies with outstanding global talent in Sili...

India rises as LG's cash cow under revised S.Korean tax laws

India rises as LG's cash cow under revised S.Korean tax laws

South Korea’s LG Electronics Inc. has received nearly 600 billion won ($470 million) in dividends from its overseas operations in the first qu...

POSCO targets robotic automation solutions for new growth

POSCO targets robotic automation solutions for new growth

SEONGNAM, Gyeonggi Province -- POSCO DX Co., the IT services subsidiary of South Korea’s largest steelmaker POSCO Group, aims to enter the rob...

CJ Darcl certified as best workplace in India by GPTW

CJ Darcl certified as best workplace in India by GPTW

CJ Logistics announced on Thursday that its Indian affiliate CJ Darcl has been certified as a 2023-2024 Best Workplace in India by GPTW, a research ...

Hyundai Group chief calls on PE firm help to defend against Schindler

Hyundai Group chief calls on PE firm help to defend against Schindler

South Korea’s conglomerate Hyundai Group Chairwoman Hyun Jeong-eun is seeking money from a local private equity firm to defend the management ...

Hanwha Ocean's hiring shows shipbuilding's competition for talent

Hanwha Ocean's hiring shows shipbuilding's competition for talent

South Korea's Hanwha Ocean Co., formerly Daewoo Shipbuilding & Marine Engineering Co. (DSME), is showing the intense hiring battle in shipbuildi...

LG Group to launch global strategy center in July

LG Group to launch global strategy center in July

LG Group will reportedly launch next month a global strategy center to analyze business trends abroad and devise responses.Industry sources on Sunda...

Hyundai's journey from the Pony to world's No.3 carmaker

Hyundai's journey from the Pony to world's No.3 carmaker

South Korea’s Hyundai Motor Co. will open its first retrospective exhibition this week, chronicling its 50-year-long journey from its start as...

LG Electronics eyes premium market in Saudi Arabia, India

LG Electronics eyes premium market in Saudi Arabia, India

LG Electronics Inc. will seek out new business opportunities as a premium brand in Saudi Arabia for the oil-rich kingdom’s $500 billion Neom m...

Korean investors’ risky bet: Buy inverse ETFs as Kospi heads higher

Korean investors’ risky bet: Buy inverse ETFs as Kospi heads higher

 Among the most cited stock market sayings by experts and laymen alike are “buy the dips” or “sell on news” – tim...

South Korea’s Hyundai Elevator applies AI to boost customer convenience

South Korea’s Hyundai Elevator applies AI to boost customer convenience

"Miri is a leading example of digital transformation in the elevator sector that raises a notch service speed and customer convenience. Let’s ...

S.Korea's Mirae Asset, Hana Financial Group form security token tie-up

S.Korea's Mirae Asset, Hana Financial Group form security token tie-up

South Korea's Mirae Asset Securities on Thursday said it signed an agreement with Hana Financial Group on the security token consortium Next Finance...

POSCO Group, SKC to jointly develop lithium metal cathode material

POSCO Group, SKC to jointly develop lithium metal cathode material

South Korea’s POSCO Group and SKC will jointly develop a dream lithium metal cathode material for commercialization by 2026 under a strategy t...

DB Group, T&T Group sign agreement for business corporation

DB Group, T&T Group sign agreement for business corporation

DB Group, South Korea's conglomerate, announced on Tuesday that it has signed a memorandum of understanding (MOU) for business collaboration with Vi...

Doosan Group to show hydrogen turbine model in Busan

Doosan Group to show hydrogen turbine model in Busan

Doosan Group companies including Doosan Enerbility Co., Doosan Fuel Cell and Doosan Fuel Cell Power will participate in the upcoming "World Climate ...

Innocean joins top 10 brand marketing agencies in India

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...

Fifty Fifty longest K-pop girl group to stay on Billboard Hot 100

Fifty Fifty longest K-pop girl group to stay on Billboard Hot 100

Fifty Fifty has stayed on the US Billboard Hot 100 for nine consecutive weeks, setting a new record for the longest stay by a K-pop girl group.Accor...

POSCO, JSW discuss eco-friendly reduction steel production

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...

S.Korea's UAM group to develop tourism transportation on southern coast

S.Korea's UAM group to develop tourism transportation on southern coast

Urban air transportation (UAM) in South Korea will open a tourism road on the country's southern coast, which is dubbed "the nation's Mediterranean ...

Fifty Fifty sets new record for K-pop girl group with Spotify listeners

Fifty Fifty sets new record for K-pop girl group with Spotify listeners

K-pop rookie Fifty Fifty has surpassed 34.3 million monthly listeners on Spotify, the world's largest music streaming site, its agency Attrakt said ...

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

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 ...

LG leader Koo seeks new growth drivers at group strategy meetings

LG leader Koo seeks new growth drivers at group strategy meetings

Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, is seeking new growth drivers by hosting strategy meetings groupwide.L...

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

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)...

S.Korea business lobby group regrets past political role

S.Korea business lobby group regrets past political role

The Federation of Korean Industries (FKI) on Thursday said it deeply regretted the political role it took in the previous governments and vowed to b...

Korea's E-Mart shares tumble despite push for profitability

Korea's E-Mart shares tumble despite push for profitability

South Korea’s largest hypermarket chain E-Mart Inc., a unit of a local retail giant Shinsegae Group, suffered a drop in its share prices to a ...

Amkor to top semiconductor packaging sector with better tech

Amkor to top semiconductor packaging sector with better tech

Amkor Technology Inc., the world’s No. 2 semiconductor packaging company, aims to take the sector throne by improving technology competitivene...

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