Samsung faces scrutiny under new EU digital market rules
Samsung Electronics Co. is facing scrutiny by the European Union over its leading position in the internet browser market under the Digital Markets ...
Blackstone seeks medicine distributor sale for 1st Korea exit
Blackstone Inc. has embarked on the process of selling South Korea’s largest medicine wholesaler Geo-Young Corp., a deal estimated at up to $1...
McDonald’s to increase locations by 25% in S.Korea by 2030
McDonald’s Corp., the world’s top fast-food restaurant operator, is set to increase the number of its locatons in South Korea by 25% to ...
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 ...
KPS to recycle waste batteries for Samsung Electronics
Segi Recycling Technology, aka Segi Retech, a secondary battery recycling subsidiary of South Korea's KPS Corporation, has entered the market for re...
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...
Optimizing flexibility for fixed-income in new era: M&G
Fixed-income continues to offer an attractive entry point for investors with higher yields, declining inflation and the end of the interest rate hik...
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 ...
Kyungdong Navien opens Mexican corporation
South Korea's leading heating systems manufacturer Kyungdong Navien said on Monday that it has opened a new overseas corporation in Mexico, marking ...
Hanwha Q Cells captures 35% of US solar module market
Hanwha Q Cells Co., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, retained its leading position in the US resid...
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...
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...
Korean ETFs’ net asset value doubles in 3.5 years
South Korea’s exchange-traded funds (ETFs) surpassed 100 trillion won ($75.7 billion) in net asset value for the first time on Thursday, 21 ye...
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...
Samsung targets gaming market with dedicated online store
Samsung Electronics Co., the world’s second-largest smartphone maker, is looking to expand its presence in the lucrative global gaming market ...
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...
