Hyundai eyes Japan’s commercial EV market in e-bus deal with Iwasaki

Hyundai eyes Japan’s commercial EV market in e-bus deal with Iwasaki

South Korean top automaker Hyundai Motor Co. said on Tuesday it is supplying its all-electric Elec City Town buses to Iwasaki Group, effectively ent...

S.Korea's Rebellions secures investment from Aramco

S.Korea's Rebellions secures investment from Aramco

Rebellions Inc., a South Korean artificial intelligence chip design startup, announced on Tuesday that it secured investment from Saudi Arabia's sta...

HD KSOE partners with University of Michigan to foster US ship engineers

HD KSOE partners with University of Michigan to foster US ship engineers

South Korea’s HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has joined hands with the University of Michigan-Ann Arbor (UM) a...

Goldman Sachs taps ex-Morgan Stanley MD as Korea co-head

Goldman Sachs taps ex-Morgan Stanley MD as Korea co-head

Goldman Sachs Group Inc. said on Monday that it has appointed Ahn Jae-hoon, former managing director at Morgan Stanley & Co. LLC as country co-h...

Kia overtakes Hyundai in US EV market driven by SUVs

Kia overtakes Hyundai in US EV market driven by SUVs

Kia Corp., South Korea’s No. 2 carmaker after sister company Hyundai Motor Co., is racing ahead in the sports utility vehicle (SUV) and electr...

CJ CheilJedang to open Bibigo Market in Paris

CJ CheilJedang to open Bibigo Market in Paris

South Korea's CJ CheilJedang Corp. announced on Monday that it will open Bibigo Market at the Korea House operated in Paris during the Olympics to p...

Young Korean investors choose monthly dividend ETFs over crypto

Young Korean investors choose monthly dividend ETFs over crypto

For decades, investments in financial products that promise decent dividend payouts such as high-dividend stocks have been associated with elderly i...

Handsome's luxury skincare brand Oera lures Chinese tourists

Handsome's luxury skincare brand Oera lures Chinese tourists

South Korean clothing manufacturer and retailer Handsome Corp., a Hyundai Department Store Co. unit, is enjoying growing popularity among Chinese vi...

K-content powerhouse’s YouTube channels disrupted by hacks

K-content powerhouse’s YouTube channels disrupted by hacks

The YouTube channels of South Korean entertainment powerhouse CJ ENM Co.'s units, with more than 8 million subscribers, were disrupted for 14 hours ...

Korea's foreign currency savings snap 5-mth losing streak

Korea's foreign currency savings snap 5-mth losing streak

Foreign currency deposits in South Korea increased in June, snapping their losing streak over the past five months, with the yen-denominated savings...

Chevrolet All New Colorado's initial volume sold out in S.Korea

Chevrolet All New Colorado's initial volume sold out in S.Korea

GM Korea Co., the South Korean unit of US auto giant General Motors Co., announced on Friday that its pickup truck Chevrolet All New Colorado, with ...

S.Korea's early stage VC funding down amid dearth of targets

S.Korea's early stage VC funding down amid dearth of targets

Early stage startup funding has plummeted in South Korea as venture capitalists shifted to late-stage venture firms with stable business models amid...

Korea’s Woori Bank raises $550 mn in AT1 hybrid bond

Korea’s Woori Bank raises $550 mn in AT1 hybrid bond

South Korean major bank Woori Bank said on Thursday that it raised $550 million by issuing additional tier 1 (AT1) hybrid bonds on July 17 with call...

Hanwha Group to expand stock compensation to team chiefs

Hanwha Group to expand stock compensation to team chiefs

South Korea’s No. 7 conglomerate Hanwha Group will expand its restricted stock units (RSUs) to encourage employee interest in the company&rsqu...

TeamSparta acquires Weplanet

TeamSparta acquires Weplanet

South Korea's coding education startup TeamSparta Inc. said on Thursday that it acquired the domestic software development firm Weplanet to expand i...

F&F to expand Discovery clothing business across Asia

F&F to expand Discovery clothing business across Asia

F&F Co., a South Korean clothing company, has secured exclusive rights to use the Discovery Channel brand across Asia to reinvent the documentar...

Filipino caregivers come to Korea amid demographic crisis

Filipino caregivers come to Korea amid demographic crisis

Some 100 certified caregivers from the Philippines will come to South Korea in August to work as domestic helpers in a country struggling with the...

Hana Bank, SK Telecom to support AI startups

Hana Bank, SK Telecom to support AI startups

South Korea's Hana Bank and SK Telecom Co. held the final selection and inauguration ceremony for the second AI Startup Accelerator BootCamp at Spar...

Celltrion's Remsima SC breaks 20% market share in Europe

Celltrion's Remsima SC breaks 20% market share in Europe

South Korea's biopharmaceutical company Celltrion Inc. said on Wednesday that its subcutaneous autoimmune disease treatment Remsima SC has surpassed...

Samsung Galaxy Z foldable's pre-sales soars 40% rise in India

Samsung Galaxy Z foldable's pre-sales soars 40% rise in India

Samsung Electronics Co.'s latest foldable phones showed strong sales potential in India, the world's most populous country, with pre-sales for the G...

GM Korea’s 2024 sales growth likely stunted due to protracted labor strike

GM Korea’s 2024 sales growth likely stunted due to protracted labor strike

GM Korea Co., the South Korean unit of US auto giant General Motors Co., faces growing disruptions to its vehicle production amid a protracted labor...

Korea’s Lotte Card sees 1st profit in Vietnam since launch

Korea’s Lotte Card sees 1st profit in Vietnam since launch

Lotte Card Co., South Korea’s No. 5 credit card issuer, is enjoying its first monthly profit in Vietnam after offering various financial produ...

More luxury brands seek Korean market on sales surge

More luxury brands seek Korean market on sales surge

South Korea’s luxury goods market, estimated at around $7.1 billion, is experiencing a surge in demand led by affluent consumers in their 40s ...

Korea mulls tripling NPS' advance dollar funding limit

Korea mulls tripling NPS' advance dollar funding limit

South Korea is considering tripling the maximum amount of dollars the National Pension Service (NPS) can buy from the domestic foreign exchange mark...

Renault Korea begins mass production of Grand Koleos

Renault Korea begins mass production of Grand Koleos

Renault Korea announced on Tuesday that it has started mass production of the D-segment hybrid sports utility vehicle (SUV) New Renault Grand Koleos...

Korea approves HD KSOE-STX Heavy merger with conditions

Korea approves HD KSOE-STX Heavy merger with conditions

South Korea’s antitrust body has given a conditional nod to leading domestic shipyard HD Korea Shipbuilding & Offshore Engineering Co.'s (...

LIG Nex1’s guided rocket passes US performance test

LIG Nex1’s guided rocket passes US performance test

LIG Nex1 Co., a South Korean defense company, said on Monday that its Poniard guided rocket passed the final performance test in US Foreign Comparat...

LG Electronics’ new HVAC center in Europe to fight extreme temperatures

LG Electronics’ new HVAC center in Europe to fight extreme temperatures

LG Electronics Inc., a leading South Korean home appliance maker, said on Monday it has set up a research center in Germany to help develop advanced...

SK Telecom's X Caliber enters N.American pet market

SK Telecom's X Caliber enters N.American pet market

South Korea's SK Telecom Co. announced on Monday that it signed a distribution agreement with Canadian pet medical equipment company Nuon & Nikk...

Hyundai Motor speeds up hydrogen bus charging business in Korea

Hyundai Motor speeds up hydrogen bus charging business in Korea

South Korea’s Hyundai Motor Co. is set to become the largest shareholder of a local hydrogen-powered-vehicle charging station operator to boos...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race