S.Korea turns more upbeat about economic recovery

S.Korea turns more upbeat about economic recovery

South Korea is more hopeful about a gradual recovery in the economy, driven largely by revived global demand for its mainstay export semiconductors,...

KG Mobility seeks to expand into Vietnam

KG Mobility seeks to expand into Vietnam

South Korean automaker KG Mobility Corp. said on Friday it had sought to expand strategic cooperation, including entering the Vietnamese market, aft...

Thematic ETFs in Korea betting on India’s growth boom

Thematic ETFs in Korea betting on India’s growth boom

South Korean asset managers stand hand in hand with their global peers in betting on India’s bright growth outlook by rolling out India-themed...

Samsung Asset launches 1st Korea-listed ETF in US

Samsung Asset launches 1st Korea-listed ETF in US

Samsung Asset Management Co., South Korea’s largest exchange-traded fund (ETF) manager, has launched an ETF in the US, the first of its kind t...

AI to replace high-paid, highly educated doctors, CPAs: BOK

AI to replace high-paid, highly educated doctors, CPAs: BOK

Artificial intelligence poses the biggest threat to high-paid, highly educated professionals such as medical doctors, accountants and engineering te...

S.Korea's FNS Value to enter Malaysian fintech market

S.Korea's FNS Value to enter Malaysian fintech market

South Korea's FNS Value announced on Thursday a collaboration agreement with the Malaysian big data technology company Big Dataworks. The two compan...

Hanyang, Air Products to co-work for green ammonia

Hanyang, Air Products to co-work for green ammonia

South Korea's Hanyang Corporation announced on Thursday it signed a memorandum of understanding (MOU) with the US industrial gas company Air Product...

Samyang draws record-high sales on Singles' Day in China

Samyang draws record-high sales on Singles' Day in China

South Korea's Samyang Foods Co. announced on Thursday its sales during China's largest shopping festival, Singles' Day (Nov. 11), reached a new re...

South Korea’s SK Earthon discovers crude oil offshore Vietnam

South Korea’s SK Earthon discovers crude oil offshore Vietnam

SK Earthon Co., the petroleum exploration and production (E&P) unit of South Korea’s top energy company SK Innovation Co., said on Thursda...

HD Hyundai Infracore to sell excavator in dept. store

HD Hyundai Infracore to sell excavator in dept. store

South Korea's HD Hyundai Infracore Co. will sell excavators at a department store for the first time in the domestic construction equipment indust...

SK Geo breaks ground on $1.4 bn plastic recycling cluster

SK Geo breaks ground on $1.4 bn plastic recycling cluster

South Korea’s SK Geo Centric Co. on Wednesday broke ground on a waste plastic recycling complex to transform itself into a green petrochemical...

Shinhan offers $77 mn debts in merger of Vistra, Tricor

Shinhan offers $77 mn debts in merger of Vistra, Tricor

South Korea's Shinhan Investment & Securities Co. said on Wednesday that it has led the merger of financial services firms Vistra and Tricor in ...

BOK governor named chair of BIS financial system committee

BOK governor named chair of BIS financial system committee

Bank of Korea Governor Rhee Chang-yong has been appointed as the chairman of the Committee on the Global Financial System (CGFS) at the Bank for Int...

KT says farewell to telegraph after a century of service

KT says farewell to telegraph after a century of service

KT Corp., a leading South Korean telecom company, will end its telegraph service, once the fastest means of long-distance communication, after the c...

SK Ecoplant develops core battery recycling technologies

SK Ecoplant develops core battery recycling technologies

South Korea’s SK Ecoplant Co. has developed four core battery-recycling technologies, including recovering nickel and cobalt from spent lithiu...

South Korea vulnerable to tech spies undeterred by soft penalties

South Korea vulnerable to tech spies undeterred by soft penalties

When a former Samsung Electronics Co. executive was arrested on industrial espionage charges by South Korea’s National Intelligence Service (N...

KAI participates in Dubai Airshow 2023

KAI participates in Dubai Airshow 2023

Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, announced on Tuesday that it has participated in the "Duba...

WeWork vs Starbucks as workspace in South Korea

WeWork vs Starbucks as workspace in South Korea

In 2019, WeWork’s business model underwent a reality check.Its application for an initial public offering the same year was met with investor ...

HD Hyundai Oilbank to supply petroleum products to Sunoco

HD Hyundai Oilbank to supply petroleum products to Sunoco

South Korea's HD Hyundai Oilbank said on Tuesday it has extended a contract with US fuel distributor Sunoco LP to supply petroleum products next yea...

Hanwha Ocean wins world's largest ammonia carriers order

Hanwha Ocean wins world's largest ammonia carriers order

South Korea's Hanwha Ocean Co. secured 656.2 billion won ($496 million) worth of four very large ammonia carriers (VLAC) order from the Greek shippi...

S.Korea’s semiconductor exports rebound in 1st 10 days of November

S.Korea’s semiconductor exports rebound in 1st 10 days of November

South Korea’s semiconductor exports rose in the first 10 days of November, reversing their 13-month downward trend, data show, raising the pro...

Hyundai breaks ground on $1.5 bn EV plant in S.Korea

Hyundai breaks ground on $1.5 bn EV plant in S.Korea

ULSAN -- Hyundai Motor Co., the world’s third-largest automaker along with its affiliate Kia Corp., on Monday broke ground for a dedicated ele...

P&O Chemicals completes pitch plant for cathode materials

P&O Chemicals completes pitch plant for cathode materials

South Korea's P&O Chemical, a joint venture of POSCO Future M Co. and OCI Holdings Co. completed the pitch plant in Tancheon Industrial Complex,...

STX to invest in lithium business in Peru, Brazil

STX to invest in lithium business in Peru, Brazil

South Korea’s trading company STX Corp. signed a tripartite agreement with local partners in Peru and Brazil to develop lithium mines and trad...

LG to open Kitchen Trip in 100 accommodations in S.Korea

LG to open Kitchen Trip in 100 accommodations in S.Korea

LG Electronics Inc. said on Monday it will start the LG Kitchen Trip, the event of its home appliances for customer experience in 100 tourist spor...

SK Energy to spin off tank terminal business as new logistics firm

SK Energy to spin off tank terminal business as new logistics firm

SK Energy Co., a unit of South Korean oil refiner and battery maker SK Innovation Co., is spinning off its crude oil storage and shipment business t...

Korea Post resumes kimchi delivery to US

Korea Post resumes kimchi delivery  to US

South Korea's state-run postal service agency Korea Post announced on Monday it resumed Express Mail Service (EMS) for shipping kimchi all over the ...

Samsung C&T to build world’s largest liquid hydrogen tank

Samsung C&T to build world’s largest liquid hydrogen tank

South Korea's Samsung C&T Corp. announced on Sunday it received certification for the world's largest liquid hydrogen storage tank design from D...

Saudi Aramco’s $7 bn Korea project mired by labor shortage

Saudi Aramco’s $7 bn Korea project mired by labor shortage

Saudi Aramco’s $7 billion petrochemical project in South Korea, in what would be its largest-ever investment in the country, has hit a stumbli...

Samsung’s Harman to buy French audio software firm FLUX::

Samsung’s Harman to buy French audio software firm FLUX::

Harman Professional Solutions, a professional sound system unit under Samsung Electronics Co.'s wholly owned Harman International, has agreed to acq...

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