Sambark LFT rebranded as Lotte Engineering Plastics
Sambark LFT Co., a plastic materials producing unit of Lotte Chemical Corp., has changed its name to Lotte Engineering Plastics Co., the company sai...
Korea’s E-Mart to delist troubled building unit for restructuring
South Korea’s largest supermarket chain E-Mart Inc. said on Monday it is set to delist its troubled construction subsidiary from the main loca...
Microsoft, KT join forces to propel Korea’s AI innovation
Microsoft Corp. and KT Corp., one of South Korea's top three telecom companies, will drive artificial intelligence transformation in the Korean firm...
Korea Investment lowers price target for Samsung Electro-Mechanics
Korea Investment & Securities lowered the target price of Samsung Electro-Mechanics by 14.3% on Sunday, citing weaker-than-expected third-q...
Samsung Galaxy AI phones surpass 20 mn units in S. Korea
Samsung Electronics Co. said on Sunday that more than 20 million smartphones in South Korea are now equipped with its Galaxy AI technology, driven...
LG to invest $762 mn in webOS to transform into platform-based tech giant
LG Electronics Inc., the leading global home appliance maker, plans to invest more than 1 trillion won ($762 million) in its multitasking operating ...
S.Korea to offer incentives to attract foreign scientists
South Korea will offer incentives including a 50% income tax cut to attract foreign scientists to develop new growth drivers such as artificial inte...
Vinyl renaissance in Korea holds steady with diverse music tastes
Within just two hours of the opening of the 13th Seoul Record Fair last Saturday, the waitlist for new LP records reached 1,500. There were 20 new r...
Uniqlo expands in Korea as No-Japanese boycott wanes
Uniqlo Co., a Japanese fast fashion brand, is vigorously expanding brick-and-mortar stores in South Korea, attracting budget-conscious consumers ami...
Shinhan Card launches debit cards for foreign residents in S.Korea
South Korea's Shinhan Card said on Friday that it has launched two debit cards exclusively for foreign residents in the country: the SOL Global Chec...
Korea Investment to publish emerging market investment guidebook
Korea Investment Management Co. said on Friday that it will publish an Emerging Market Guidebook on September 30, which will contain investment stra...
Woori Bank expands services for foreign customers in S.Korea
Woori Bank announced on Friday that it has set up additional “global desks” dedicated to foreign customers, some of which will be open o...
Netmarble acquires ISO 45001 certification
Netmarble Corp. announced on Friday that it has become the first company in the Korean game industry to obtain the ISO 45001 certification for its s...
CJ OnStyle, Amazon support K-beauty to enter US market
CJ Onstyle, the at-home TV shopping and e-commerce brand of South Korea’s content and commerce powerhouse CJ ENM Co., said on Thursday th...
Korea Investment Corp. appoints Park Il Young as its new CEO
South Korean sovereign wealth fund Korea Investment Corporation (KIC) announced on Thursday that it has appointed former World Bank Group executive ...
Netmarble unveils teaser video for its new game ‘The King of Fighters’
Netmarble Corp. announced on Thursday that it premiered a teaser video for its new game “The King of Fighters (KOF) AFK” at the SNK boot...
Near Brain gives hope to millions of stroke patients worldwide
Strokes are the second leading cause of death and the third leading cause of disabilities globally, according to the World Health Organization.To fi...
MBK ups Korea Zinc bid price as management feud intensifies
North Asia-focused private equity firm MBK Partners Ltd. has raised its bid price to take control of Korea Zinc Inc. by 13.6%, increasing the cost f...
S.Korea’s T’way Air to introduce A330-900 Neo aircraft
T'way Air Co. announced on Thursday that it will gradually introduce five new Airbus A330-900 Neo aircraft starting next year.T’way recently s...
Korea Securities to expand its ultra-high net worth business
Korea Investment & Securities announced on Thursday that it has signed a memorandum of understanding (MOU) with Arceon Group to strengthen its o...
Influencers wield greater marketing power in S.Korea
Merch reliance on digital content creators for marketing is on the rise in South Korea, allowing some influencers to enjoy handsome earnings from em...
Korea Zinc to sell $301 mn in CPs amid management feud with MBK
Korea Zinc Inc., the world’s top zinc and lead smelter, is set to sell 400 billion won ($300.9 million) in commercial papers, its first fundra...
KRX launches Korea Value-up Index featuring 100 best practice firms
South Korea’s securities exchange operator, Korea Exchange, launched a new corporate value-up index on Tuesday, a key plank for the government...
South Korea Can Go Only So Far Copying Japan’s Market Reforms
South Korea is taking a page from Japan to boost its stock market. There are certainly some low-hanging fruits to pick, but the country’s larg...
Airbnb Korea to evict listings not submitting business license
Airbnb Korea announced on Tuesday that it will require new listings on the platform to submit business registration information and a business licen...
Kolon expands eco-friendly car interior materials biz
South Korea's Kolon Industries Inc., the Kolon Group's chemical materials arm, will absorb its affiliate Kolon Glotech's automotive materials and pa...
Korea’s Hana Financial Group targets foreign customers
Hana Financial Group, South Korea’s third-largest financial holding company, is targeting foreign individual customers in the country with a d...
Korea’s MeatBox to go public despite other failed grocery platform IPOs
MeatBox Global Inc., South Korea’s online livestock product sales platform operator, aims for an initial public offering valued at up to 28.5 ...
South Korea's hy to export Helicobacter Project Will to China
South Korea's hy, formerly known as Korea Yakult and a leader in dairy products, said on Monday that it started exporting its fermented milk product...
Hanwha, LG to support Korea Zinc in battle against MBK
South Korea’s Hanwha Group and LG Group are likely to help Korea Zinc Inc. fight against a takeover by MBK Partners Ltd. as the private equity...
