Leeum's enduring charm to foreign VIPs

On a shiny Monday morning, the Leeum, Samsung Museum of Art nestled on the slope of Mt. Namsan in a quiet Hannam neighborhood in Seoul was flanked b...

Seoul eyes opening doors to domestic helpers from Southeast Asia

Seoul is slated to welcome domestic helpers from Southeast Asia later this year to ease the burden of childcare and address issues surrounding Korea...

S.Korea to launch 10 global innovation special zones by 2027

South Korean government plans to create ten global innovation special zones by 2027, implementing a negative regulation system for the first time in...

Korean app market One Store to raise $151 mn for Kiwoom's exit

One Store Co., a South Korean homegrown app store, is slated to attract more than 200 billion won ($151.3 million) as its 100 billion won loan, whic...

Naver Webtoon targets entertainment business in Japan

Naver Webtoon Ltd., the world’s top digital comics provider, is targeting the entertainment sector in Japan as it aims to expand its intellect...

S.Korean startups eye on Southeast Asia as promising market

SINGAPORE - Southeast Asia with a youth population constituting about one-third of the region’s total population and surging internet penetrat...

S.Korea's Bertis releases two academic findings at AOHUPO conference

Bertis, South Korean company specializing in the development of proteomics-based precision medicine technology, announced on Monday that it presente...

S.Korea's Air Premia, T'way compete for golden routes to Europe

South Korea's low-cost carriers (LCC) Air Premia and T'way Air Co. are competing to secure "golden routes" to Europe that Korean Air must give up to...

FDA suspends COVID-19 diagnostic kit of S.Korea’s SD Biosensor

The US Food and Drug Administration (FDA) has recommended that consumers discard select models of Pilot COVID-19 self-diagnostic test kits sold on t...

Hyundai’s quantum leap: how it shines through in crisis

Hyundai Motor Co. and its affiliate Kia Corp. are slated to log a combined 150 million units of car sales this month. The carmakers of Hyundai Motor...

Hanyang, Linde to inject $800 mn for hydrogen cluster in Korea

Hanyang Corporation Ltd., a South Korean construction firm, will join forces with German industrial gases and engineering company Linde AG to create...

NuScale to build Korea’s first SMR in Uljin, home to native Korean reactors

NuScale Power Corp. is expected to build its first small modular reactor (SMR) plant in South Korea in Uljin, already home to Korean native nuclear ...

Alternative investment forum ASK 2023 to kick off May 17 in Seoul

South Korean institutional investors, including the world’s third-largest pension fund National Pension Service (NPS), and global asset manage...

S.Korea's Upstage to add AI chatbot AskUp to Japanese messaging app Line

South Korea's artificial intelligence (AI) tech company Upstage on Friday said it will install its artificial intelligence (AI) chatbot AskUp on the...

Defense, healthcare lure global funds in dull market

Defense, healthcare and semiconductor materials companies have been the main investment targets of global funds such as Fidelity and Morgan Stanley ...

LG Energy Solution drops to third on global market for EV battery in Q1

South Korea's LG Energy Solution Ltd. in the first quarter fell to third in the global share of electric vehicle (EV) batteries in use spanning all ...

EcoPro BM share drops as falling material costs forecast to hurt revenue

EcoPro BM Co., the top stock on South Korea’s junior bourse Kosdaq, declined on Wednesday as some brokerage houses have downgraded the shares ...

S.Korea’s Suprema wins order from Saudi Arabia's Neom city project

South Korea’s Suprema Inc., an artificial intelligence (AI)-based security company, on Wednesday said it won a large-scale project in Neom, a ...

KAI, bastion of South Korea’s fast-growing defense industry

SACHEON, South Gyeongsang Province – On a hot spring day in April, the roar of combat aircraft engines fills the air. It’s a normal day ...

Korea’s Hanatour sees 1st profit in over 3 yrs on high-end service

Hanatour Service Inc., South Korea’s top travel agency, enjoyed its first quarterly profit in more than three years as it focused on high-end ...

Seoul advised to prepare exit plans for real estate funds

Global real estate investment funds managed by South Korean financial services firms have swelled by more than 14 times to 72 trillion won ($5.4 bil...

S.Korea, US advised to cooperate in advanced nuclear power plant

Amid declining exports of nuclear power plants from major countries like South Korea and the US, Russia and China have captured about 80% of the glo...

SK Biopharmaceuticals gets marketing approval for epilepsy drug in Israel

South Korea’s SK Biopharmaceuticals said on Wednesday that the Israeli Ministry of Health has approved the company's new drug application (NDA...

Korean Air showcases special aircraft livery featuring Blackpink

Korean Air Lines Co. held a 2030 Busan Expo Korean Air Special Aircraft Unveiling Event at the aircraft hangar at Incheon International Airport on W...

HD KSOE declares carbon neutrality in first for S.Korea's shipbuilders

South Korea's HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the shipbuilding holding company of HD Hyundai Co., is the first in domest...

Vietnamese tourists top in card spending in Korea in 2022

Vietnamese tourists splurged the most among foreign visitors to South Korea last year, filling the void left by Chinese travelers shunning Korea sin...

Merck to build biopharma raw material plant in Korea

Global pharmaceutical company Merck is considering a plan to establish a biopharmaceutical raw material production facility in Daejeon.South Korean ...

Hyundai, Kia’s brisk April sales bode well for stellar Q2

The second-quarter earnings outlook for South Korea’s biggest automaker Hyundai Motor Co. and its sister company Kia Corp. looks rosy as eased...

Hyundai Motor unveils XCIENT fuel cell tractor in N.America

Hyundai Motor Co. showcased the mass-production model of its XCIENT Fuel Cell Tractor, a 37.2-ton 6x4 truck specifically designed for long-distance ...

SK Geo Centric, Loop to set up plastic recycling plant in Korea

SK Geo Centric Co., a petrochemical unit within South Korean conglomerate SK Group, said on Wednesday it will set up a joint venture with a Nasdaq-l...