S.Korea’s best-selling premium fashion brand Time to go global

Handsome Corp., a fashion house of South Korea’s major retailer Hyundai Department Store Group, will launch The Time, an upmarket collection...

S.Korea's Riiid enters Brazilian public education market

South Korean AI-powered edtech firm Riiid will enter the Brazilian public education market. The company announced on Wednesday that it has signed a ...

FDI pledges to S.Korea set fresh record in H1 2023

Foreign direct investment pledges to South Korea from January to June of this year soared 54.2% on-year, hitting a record high for the first-half pe...

Ontario, S.Korea VC firm to establish $76 mn healthcare fund

Canada's Ontario government has joined hands with a South Korean venture capital firm to establish a fund of 100 million Canadian dollars ($75.6 mil...

Up close and personal look at HYBE workplace, culture

The share price of South Korea’s HYBE Co., the company behind the global sensation BTS, has advanced more than 60% this year, hitting its high...

Hyundai’s restyled Santa Fe to revive SUV boom in S.Korea

South Korea’s top automaker Hyundai Motor Co. is set to release a next-generation model of its steady-seller Santa Fe SUV this quarter, leadin...

S.Korea's Wrtn integrates Google's latest LLM PaLM 2

South Korean generative AI startup Wrtn Technologies announced on Tuesday that it has integrated Google's latest PaLM 2 non-English language model i...

S.Korea's T&R Biofab secures patent in Japan for 3D-printed liver

South Korea's regenerative medicine company T&R Biofab Co. on Monday said it obtained a patent in Japan for production technology for liver or...

Korea inflation at 21-month low; BOK may end rate hikes

South Korea’s headline inflation dropped for a fifth straight month to a 21-month low, adding to expectations that the central bank might not ...

LG Uplus releases ad with generative AI

South Korea’s third-largest mobile carrier LG Uplus Corp. on Tuesday unveiled the first video ad using generative artificial intelligence (AI)...

HD KSOE bags $2.3 bn in vessel orders, achieves 90% of 2023 target

South Korea’s biggest shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has recently bagged over 3 trillion won ($2.3...

Korea-China battery minerals tie-up mutually beneficial: CNGR chief

China and South Korea stand to mutually benefit by strengthening their partnership in the battery materials business amid tougher US regulations on ...

Indonesia yet to notify Korea of payment plan for joint fighter program

Indonesia has yet to provide South Korea with a timetable for payment on a joint fighter jet program as promised, undermining trust in Jakarta&rsquo...

S.Korea's NongHyup advances into EV charging

South Korea's National Agricultural Cooperative Federation (NongHyup), with over 9,000-plus offline bases nationwide, has entered the electric vehic...

Jeju Air becomes 1st S.Korean LCC to surpass 100 mn passenger mark

South Korea's low-cost carrier (LCC) Jeju Air Co. on Sunday said its cumulative number of passengers exceeded 100 million 17 years after the company...

LG Chem seeks to sell 2nd NCC facility in Korea in face of China’s ascent

LG Chem Ltd. has embarked on a process to sell its core naphtha cracking center (NCC) in South Korea, estimated at about 3 trillion won ($2.3 billio...

NPS taps Macquarie, IMM, Hahn & Co. as private equity managers

The National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, said on Friday it has hired Macquarie Asset Managem...

Samsung SDI gets carbon footprint certification

South Korea's Samsung SDI Co., the sixth-largest electric vehicle cell maker globally, announced on Friday that it has become the first secondary ba...

Lotte Rental drops plan to enter Korea’s secondhand car sales market

Lotte Rental Co., South Korea’s largest car rental firm, has dropped its plan to enter the domestic used car sales market. Instead, it will st...

S.Korea’s SK to buy US bio JV stake from Roivant for $48 mn

SK Group, South Korea’s second-largest conglomerate, is set to purchase the entire stake in a US bio joint venture held by its partner, as the...

S.Korea’s mattress maker Zinus launches premium product line

South Korean furniture and mattress maker Zinus Inc., an affiliate of Hyundai Department Store Group, has started a premium mattress line.The compan...

S.Korea to tighten immigrant investor requirements

South Korea will raise the minimum requirements for the country’s investment immigration visa program amid growing controversy over foreigners...

SK Telecom adds ChatGPT-based services to A Dot

South Korea's SK Telecom Co. announced on Friday that it has completely revamped the user experience (UX) and added ChatT, based on ChatGPT, to allo...

S.Korea's beauty platform Hwahae opens flagship store on TikTok

South Korea's mobile beauty platform Hwahae has opened a flagship store on TikTok (Chinese name Douyin). Hwahae's operator Birdview announced t...

Nongshim’s Baeksansu, Disney to collaborate character products

South Korea's instant noodle giant Nongshim Co. announced on Friday that it will release a collaborative product featuring Disney character images o...

SK Telecom invests $100 mn in American UAM developer

South Korea's SK Telecom.Co has invested $100 million (131.6 billion won) in Joby Aviation, a Santa Cruz, California-based developer of urban air ...

SK E&S eyes business split-up to raise up to $1. 5 bn

South Korea’s SK E&S Co. is seeking to split up its business to raise up to 2 trillion won ($1.5 billion), according to people with knowle...

S.Korea exports halal-certified beef to Malaysia for 1st time

Halal-certified premium Korean beef Hanwoo was exported to Malaysia on Thursday, marking the culmination of seven years of quarantine negotiations f...

Korea’s trade deficit with China runs deep; chip support required

Just like its neighboring countries in Asia, South Korea’s economic growth has long been swayed by the ups and downs of China, which heavily r...

CJ Olive Young to develop inner beauty as new growth engine

South Korea's top beauty chain CJ Olive Young said on Thursday that it plans to capitalize on the growing market for inner beauty, positioning it as...