Samsung Electronics hosts AI Forum 2023

Samsung Electronics hosts AI Forum 2023

Samsung Electronics Co. held on Tuesday the Samsung AI Forum 2023 with the theme of "Super AI for a Better Tomorrow" at the Suwon Convention Center ...

S.Korea tops global shipbuilding orders in October, surpassing China

S.Korea tops global shipbuilding orders in October, surpassing China

South Korean shipbuilders won the most shipbuilding orders worldwide in October 2023. The country overtook China and claimed the lead in the global ...

Costco Korea on verge of falling into low-growth trap

Costco Korea on verge of falling into low-growth trap

South Korea, one of the most lucrative markets for Costco Wholesale Corp., appears to be losing its appeal in the face of China’s rapid ascent...

Chemtronics readies to produce key solvent for photoresists

Chemtronics readies to produce key solvent for photoresists

SEONGNAM, South Korea -- Chemtronics Co. Ltd., a South Korean chemical materials maker, appears to have removed a key hurdle to expanding the domest...

The Nature Holdings goes after green fashion with Brompton

The Nature Holdings goes after green fashion with Brompton

Brompton Bicycle will pursue a greener world with sustainable clothing that is stylish but durable alongside its Korean partner The Nature Holdings ...

LS Mtron partners with global agricultural giant CNHi

LS Mtron partners with global agricultural giant CNHi

LS Mtron, the heavy machinery and advanced parts-making unit of South Korea's LS Group said on Tuesday it signed a memorandum of understanding (MOU)...

SsangYong C&E to invest $616 mn in eco-friendly facilities

SsangYong C&E to invest $616 mn in eco-friendly facilities

South Korea's cement maker SsangYong C&E Co. is investing 800 billion won ($616 million) in facilities to reduce environmental pollution in the ...

DGB partners with Vietnamese IT company

DGB partners with Vietnamese IT company

South Korea's DGB Financial Group announced on Monday it signed a business agreement with the global IT company FPT Software at the FPT Group headqu...

Chong Kun Dang rallies on $1.3 bn deal with Novartis

Chong Kun Dang rallies on $1.3 bn deal with Novartis

Chong Kun Dang Pharmaceutical Corp.'s shares zoomed more than 25% on Monday on news that the South Korean medicine developer has signed its biggest-...

S.Korea seeks to sell 29% in game giant Nexon's holding firm

S.Korea seeks to sell 29% in game giant Nexon's holding firm

The South Korean government is planning to sell off a 29.3% stake in Tokyo-listed game giant Nexon Co.’s holding firm NXC Corp. via a public b...

Korea bans short selling; battery stocks lead market rally

Korea bans short selling; battery stocks lead market rally

South Korea has temporarily suspended short selling partly to prevent illegal, naked short selling, a decision buoying stocks heavily targeted by sh...

SK Ecoplant to supply fuel cells to Irish data centers

SK Ecoplant to supply fuel cells to Irish data centers

SK Ecoplant Co., a South Korean construction engineering and waste management firm, plans to provide solid oxide fuel cells (SOFC) to Irish power ge...

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...

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...

S.Korea’s forex reserves dwindle to lowest point in more than 3 years

S.Korea’s forex reserves dwindle to lowest point in more than 3 years

South Korea’s foreign exchange reserves dropped in October for the third straight month to their lowest point since June 2020, as local author...

South Korea’s Dailybeer to enter into Singaporean market

South Korea’s Dailybeer to enter into Singaporean market

Dailybeer, South Korean craft beer and fried chicken chain, announced on Friday it signed a contract with Singapore-based Katrina Group for joint in...

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...

Naver posts record Q3 sales, profit on e-commerce

Naver posts record Q3 sales, profit on e-commerce

South Korea’s web portal giant Naver Corp. on Friday posted record sales and operating profit in the third quarter, driven by robust sales gro...

Louis Vuitton to launch fourth pop-up restaurant in Seoul

Louis Vuitton to launch fourth pop-up restaurant in Seoul

The French luxury brand Louis Vuitton will open a pop-up restaurant in South Korea. This is the fourth one since May this year.According to company ...

Kolon set to host Aramco Team Series golf event in Korea

Kolon set to host Aramco Team Series golf event in Korea

South Korea’s Kolon Group said on Thursday it has signed a non-binding agreement with Golf Saudi, a unit of Saudi Golf Federation, to jointly ...

Naver Webtoon seizes 150 illegal overseas sites

Naver Webtoon seizes 150 illegal overseas sites

South Korea’s Naver Webtoon announced on Thursday it shut down 150 illegal overseas sites, which unauthorizedly posted more than 80 webtoons i...

KG Mobility, BYD to team up for battery pack, hybrid car

KG Mobility, BYD to team up for battery pack, hybrid car

South Korea's KG Mobility Corp. has partnered with China's largest electric vehicle company BYD to build a battery pack factory in South Korea. They...

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...

S.Korea’s HMM expands bulk carrier fleet for stable profit

S.Korea’s HMM expands bulk carrier fleet for stable profit

HMM Co., South Korea’s top shipping company, is expanding its fleet, especially bulk carriers, for stable profits amid the sluggishness of the...

Asiana Airlines to sell cargo business for merger with Korean Air

Asiana Airlines to sell cargo business for merger with Korean Air

Asiana Airlines Inc. on Thursday decided to carve out its lucrative cargo business, clearing a major hurdle to its merger with bigger rival Korean A...

Doosan Enerbility secures contract for cask design from KHNP

Doosan Enerbility secures contract for cask design from KHNP

South Korea's Doosan Enerbility Co. announced on Thursday it secured a contract for dry storage systems of spent nuclear fuel comprehensive design s...

Shilla Duty Free partners with Line Pay to attract Asian tourists

Shilla Duty Free partners with Line Pay to attract Asian tourists

South Korea's The Shilla Duty Free announced it partnered with Line Pay Taiwan to attract South Asian tourism on Thursday. Line Pay is the top mobil...

S.Korea mulls plan B as Indonesia falls behind on KF-21 project payments

S.Korea mulls plan B as Indonesia falls behind on KF-21 project payments

Indonesia, a partner of South Korea’s KF-21 fighter jet development project, has failed again to notify the Korean government of its plan to p...

Korea exports snap year-long slide as chips regain momentum

Korea exports snap year-long slide as chips regain momentum

South Korean exports rose in October for the first time in 13 months as semiconductors, the country’s top export item, are on course to regain...

Samsung Engineering secures $349 mn bio plant deal

Samsung Engineering secures $349 mn bio plant deal

South Korea's Samsung Engineering secured a deal for the Songdo Bio Raw Material Plant construction project from the global life sciences and labora...

Blackpink's new single Jump tops Spotify daily chart K-content goes culture: KPop Demon Hunters sparks K-goods craze POSCO supplies HIC-resistant steel for Aramco’s Fadhili gas plant Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead Google Maps, Blackpink fans’ must-have item for Deadline World Tour