K-tourism video ads with Lee Jung-jae exceed 510 mn views

The four-video Challenge Korea series promoting tourism in South Korea with "Squid Game" actor Lee Jung-jae has surpassed half a billion views in ju...

S.Korea's pet-friendly tourism sees brisk growth

More lodging facilities and tourism infrastructure in South Korea are accommodating people who wish to travel with their pets.This strategy by the...

Poland kicks off approval process to import S.Korean reactors

Poland has started an approval process to build a nuclear power plant consisting of South Korean reactors, according to foreign media reports, despi...

Korean exodus from China funds amid deepening property crisis  

South Korean investors’ retreat from Chinese equity funds of nearly 10 trillion won ($7.5 billion) in total principal is accelerating amid dee...

Korea’s smaller firms embrace older, experienced workforce

South Korea’s liquid filtration system developer Neos Corp. has seven employees, all seasoned mechanical and electrical engineers in their 60s...

Zuck’s Threads losing battle against Musk’s X in South Korea

Meta CEO Mark Zuckerberg is losing a fight against Tesla CEO Elon Musk in the South Korean short-form social media platform sector.Threads, Meta&rsq...

Lululemon taps into Korea’s live commerce market

Lululemon Athletica Inc., dubbed the Chanel of yoga wear, is tapping into South Korea’s live commerce market, a move that industry watchers sa...

Korea’s business lobby group FKI goes down in history in disgrace

The Federation of Korean Industries (FKI), the voice of the conglomerates that formed the engine of the South Korean economy for more than five deca...

HiteJinro to strengthen soju marketing in UK

South Korea’s leading soju maker HiteJinro Co. announced on Tuesday that its soju sales in the UK are showing consistent growth year by year. ...

Hanmi Pharm to start global clinical trials for immune-oncology drug

South Korea's Hanmi Pharmaceutical Co. announced on Tuesday that it has received approval for the phase 1 clinical trial plan of the immune-oncology...

Ildong Pharma to export high blood pressure treatment to China

South Korea's Ildong Pharmaceutical Co. on Tuesday said it will export benidipine hydrochloride, a raw material used in the treatment of high blood ...

BOK head says Korea inflation to dip below mid-2% in H2 2024

South Korea’s central bank chief expected consumer inflation to fall below the mid-2% level in the second half of 2024, adding to predictions ...

Fans of Supreme rush into the label's 1st Korean store

The US street fashion brand “Supreme,” which has a global fandom with a brand name written in white in a red box, opened its first store...

Samsung Securities decides not to rejoin Korea’s top business lobby

Samsung Securities Co., in a surprise move, has decided not to rejoin South Korea’s top business lobby, the Federation of Korean Industries (F...

Korea sales set to China to fall for 15th straight mth on property crisis

South Korea’s exports to China are poised to slide for a 15th straight month with an expected deeper drop in August amid a faltering economic ...

Kia’s first vehicles T-600, Brisa resurrected after 40 years

Not many people in the auto industry know that South Korea’s Kia Corp. started as a bicycle parts maker 79 years ago.Back in 1944, Kim Chul-ho...

Korea taps Greyhound Capital, Headline Asia as venture fund managers

South Korean Ministry of SMEs and Startups announced the results of selecting global fund management companies for the year 2023 on Monday. The chos...

SK Bioscience to export $51 bn flu vaccine to Thailand

SK Bioscience Co., the drug-making unit of South Korea’s SK Group, announced on Monday that it has signed a deal with Thailand's state-owned G...

Hyundai Department Store, Nestlé forge dietary supplement alliance

Hyundai Department Store Group has chosen multinational food giant Nestlé S.A. as a partner in its long-term drive to expand its bio and heal...

BYD, KG Mobility in talks to build EV battery plant in Korea

BYD, the world’s No. 3 electric vehicle battery producer, and KG Mobility Corp., formerly Ssangyong Motor Co., are in talks to build a joint c...

Team Korea lands $447 mn solar power project in US

A group of six South Korean companies dubbed "Team Korea," which comprises private companies such as SK Ecoplant, public companies and a government ...

LX Pantos, POSCO Flow to cooperate in global logistics

South Korea’s LX Pantos Logistics and POSCO Flow, formerly POSCO Terminal, will strengthen their cooperation in logistics for secondary batter...

Seoul’s slow but enduring push to be Asia’s premier financial hub

It is a long-cherished dream of Seoul, the capital city of South Korea, to present itself to the world as Asia’s prime financial hub, but the ...

JW Pharma gets OK for phase 3 clinical trials of URC102 in Taiwan

South Korea's JW Pharmaceutical has won approval from Taiwan's Food and Drug Administration (TFDA) to conduct phase 3 clinical trials for its gout t...

SK Biopharm to export epilepsy drug tech to Middle Eastern firm

South Korea's SK Biopharmaceuticals announced on Friday a strategic tie-up with Hikma MENA FZE, marking the introduction of its new epilepsy medicat...

Naver's translation app Papago faces challenge from German competitor

A German competitor has entered South Korea's translation tool market to challenge No. 1 Naver Corp. and No. 2 Google.The Cologne, Germany-based art...

S.Korea’s convenience stores sell bottled water without plastic labels

Convenience stores in South Korea now sell bottled water without plastic labels. The Korea Chamber of Commerce and Industry (KCCI) and Jeju Pro...

LG bets big on promising technologies for future growth

LG Group, South Korea’s fourth-largest conglomerate, is accelerating its investment in promising tech companies across the world despite the l...

Korea's superconductor stocks plunge on Nature report

South Korean research team’s LK-99, behind the online sensation following its claim of room-temperature superconductor over the past four week...

Camp David Summit to Unite U.S., South Korea, Japan

WASHINGTON—A new trilateral alliance linking the U.S., South Korea and Japan will enhance cooperation among the nations in key areas, includin...