S.Korea's Daesang acquires US food company Lucky Foods

S.Korea's Daesang acquires US food company Lucky Foods

Daesang Corporation, a South Korean manufacturer of food and pharmaceutical ingredients, announced on Monday that it has acquired the US food compan...

LG Chem to sell $1.6 bn stake in LG Energy to foreign investors

LG Chem to sell $1.6 bn stake in LG Energy to foreign investors

South Korea’s leading chemicals company LG Chem Ltd. is slated to secure about 2 trillion won ($1.6 billion) by selling a minority stake in it...

S.Korea urges ramen makers to cut prices to ease inflation

S.Korea urges ramen makers to cut prices to ease inflation

South Korean instant noodle makers are considering price cuts for the first time in 13 years pressured by the government, which aims to further ease...

S.Korea's shipyards get OK from shipping companies to delay vessel delivery

S.Korea's shipyards get OK from shipping companies to delay vessel delivery

South Korean shipbuilders are breathing a sigh of relief despite the postponed delivery of their container ships due to a chronic shortage of domest...

POSCO to raise steel plant safety with robots

POSCO to raise steel plant safety with robots

POSCO Research Institute, a think tank under South Korea’s top steelmaker POSCO Group, on Sunday said it signed an agreement with Withrobot an...

S.Korea's chip pioneer Amkor aims to rule packaging sector

S.Korea's chip pioneer Amkor aims to rule packaging sector

The history of semiconductors in South Korea, a global tech powerhouse with the world’s two largest memory chipmakers, Samsung Electronics Co....

DB Insurance acquires Vietnam's 9th largest insurance company

DB Insurance acquires Vietnam's 9th largest insurance company

DB Insurance Co., a South Korean non-life insurance company, announced on Friday that it has signed an acquisition agreement with the Saigon-Hanoi...

S.Korea's KakaoBank to launch internet bank in Thailand

S.Korea's KakaoBank to launch internet bank in Thailand

South Korea's KakaoBank Corp. has begun its advance into Southeast Asia through a tie-up with a financial company in Thailand. KakaoBank on Friday ...

Rolls-Royce unveils its first all-electric model, Spectre, in Seoul

Rolls-Royce unveils its first all-electric model, Spectre, in Seoul

Rolls-Royce has unveiled Spectre, the brand's first all-electric model, on Friday in Seoul for the first time in the Asia-Pacific region.The exterio...

CJ Logistics, Evergreen sign agreement for logistics cooperation

CJ Logistics, Evergreen sign agreement for logistics cooperation

South Korea's CJ Logistics has entered into mutual cooperation with the Taiwan-based global shipping company Evergreen Marine Corporation for the ...

S.Korea’s Enchem to build lithium salt plant in Saemangeum

S.Korea’s Enchem to build lithium salt plant in Saemangeum

Enchem Co., South Korea’s top electrolyte manufacturer, on Thursday announced the investment of 600.5 billion won ($473.5 million) to build ...

Korea’s GS E&C holds first global HR conference in Mumbai

Korea’s GS E&C holds first global HR conference in Mumbai

GS Engineering & Construction Co. announced on Friday that it recently held the “1st Global HR Leaders Conference” attended by chief...

POSCO targets robotic automation solutions for new growth

POSCO targets robotic automation solutions for new growth

SEONGNAM, Gyeonggi Province -- POSCO DX Co., the IT services subsidiary of South Korea’s largest steelmaker POSCO Group, aims to enter the rob...

GEPS taps Apollo, EQT, Warburg for buyout, growth equity

GEPS taps Apollo, EQT, Warburg for buyout, growth equity

South Korea’s Government Employees Pension Service (GEPS) selected Apollo Global Management, Warburg Pincus and Sweden-based EQT Partners as i...

SK Biopharm’s Cenobamate gets nod in Canada, to boost US sales

SK Biopharm’s Cenobamate gets nod in Canada, to boost US sales

South Korea’s SK Biopharmaceuticals Co. has obtained the sales approval for its antiepileptic treatment Cenobamate in Canada, paving the way f...

S.Korea’s Hanwha Securities to acquire Ciptadana in Indonesia

S.Korea’s Hanwha Securities to acquire Ciptadana in Indonesia

Hanwha Investment & Securities announced on Thursday that it has decided to acquire Indonesia's Ciptadana Securities and Ciptadana Asset Managem...

KOTRA holds IR meeting in Tokyo for Japanese companies

KOTRA holds IR meeting in Tokyo for Japanese companies

Invest Korea, KOTRA's organization dedicated to attracting foreign investment, held an IR for Japanese companies interested in entering South Korea ...

Galaxy Watch's alarm of abnormal heartbeat gets approval in S.Korea

Galaxy Watch's alarm of abnormal heartbeat gets approval in S.Korea

Samsung Electronics Co.'s new feature on the Galaxy Watch, which detects heartbeats and alerts the possibility of risks such as arrhythmia, can now ...

S.Korea bets on 2nd Middle East boom for SMEs, startups

S.Korea bets on 2nd Middle East boom for SMEs, startups

The Middle East is emerging as a key export market for South Korean small enterprises and startups desperate for global expansion to tide over the e...

S.Korea’s mobile carriers seek future from service robots

S.Korea’s mobile carriers seek future from service robots

South Korea’s mobile carriers are strengthening the service robot business as the sector, combined with their know-how in the telecommunicatio...

CJ Darcl certified as best workplace in India by GPTW

CJ Darcl certified as best workplace in India by GPTW

CJ Logistics announced on Thursday that its Indian affiliate CJ Darcl has been certified as a 2023-2024 Best Workplace in India by GPTW, a research ...

S.Korea's Seegene to share tech with Spanish diagnostics company

S.Korea's Seegene to share tech with Spanish diagnostics company

South Korea's in vitro diagnostic product maker Seegene Inc. on Wednesday said it signed a technology-sharing agreement with the Barcelona, Spain-ba...

Chip prices likely to rise in H2: KB Securities

Chip prices likely to rise in H2: KB Securities

KB Securities predicted on Thursday that semiconductor prices are likely to rise in the second half of the year due to the decrease in production ca...

Korea’s Samyang opens $22 mn surgical suture plant in Hungary

Korea’s Samyang opens $22 mn surgical suture plant in Hungary

Samyang Holdings Corp., the world’s top biodegradable suture yarn manufacturer, completed the construction of a 28 billion won ($21.9 million)...

Hyundai Rotem reveals actual product of hydrogen-powered train

Hyundai Rotem reveals actual product of hydrogen-powered train

Hyundai Rotem, a South Korean railway system maker under Hyundai Motor Group, participated in the largest domestic railway exhibition to showcase ad...

Hyundai Vietnam Shipbuilding’s cumulative orders near 200 vessels

Hyundai Vietnam Shipbuilding’s cumulative orders near 200 vessels

Hyundai Vietnam Shipbuilding Co., a unit of South Korean shipbuilding, oil refining and machinery conglomerate HD Hyundai, announced on Wednesday th...

S.Korea's Krafton establishes AI game subsidiary

S.Korea's Krafton establishes AI game subsidiary

South Korea's leading game developer Krafton Inc. announced on Wednesday that it has established a new independent studio called ReLU Games.Krafton ...

Japanese travelers top list of reservations to visit Seoul during BTS Festa

Japanese travelers top list of reservations to visit Seoul during BTS Festa

Trip.com, a South Korean travel platform, announced on Wednesday that the most frequent overseas travelers to Seoul during the “BTS Festa&rdqu...

S.Korea’s top pharmaceutical distributor buys 25% of No. 2 Baekje Pharma

S.Korea’s top pharmaceutical distributor buys 25% of No. 2 Baekje Pharma

South Korea’s top pharmaceutical distributor Geo-young Co. has acquired 25% of market No. 2 Baekje Pharmaceutical.Geo-young on Tuesday said th...

Hyundai Group chief calls on PE firm help to defend against Schindler

Hyundai Group chief calls on PE firm help to defend against Schindler

South Korea’s conglomerate Hyundai Group Chairwoman Hyun Jeong-eun is seeking money from a local private equity firm to defend the management ...

LG links up with Chinese rivals for budget appliance supremacy Mercedes opens world’s 1st Maybach flagship center in Seoul Blackpink's new single Jump tops Spotify daily chart K-content goes cultural: KPop Demon Hunters sparks heritage K-goods craze POSCO supplies HIC-resistant steel for Aramco’s Fadhili gas plant