HD Hyundai Mipo to build Korea’s first LCO₂ carrier

HD Hyundai Mipo to build Korea’s first LCO₂ carrier

HD Hyundai Mipo Co., formerly Hyundai Mipo Dockland Co., has embarked on the construction of South Korea’s first liquefied CO₂ (LCO₂) carrier,...

Half of EV imports in Korea run on Chinese batteries as EV fires rise

Half of EV imports in Korea run on Chinese batteries as EV fires rise

Of 58 electric vehicle models running on the streets of South Korea, 22 models are equipped with Chinese batteries, a survey showed on Friday.Accord...

Korea seeks to curb China's offshore wind farm dominance

Korea seeks to curb China's offshore wind farm dominance

South Korea will prioritize non-price factors such as economic security and contributions to the domestic supply chain over bidding prices when sele...

Kolon to invest $94 mn in industry film JV with SK Microworks

Kolon to invest $94 mn in industry film JV with SK Microworks

South Korea’s major chemical materials producer Kolon Industries Inc. is set to invest 129.6 billion won ($94.2 million) to establish an indus...

KOGAS executes first simultaneous LNG bunkering in Korea

KOGAS executes first simultaneous LNG bunkering in Korea

South Korea's state-run Korea Gas Corp. (KOGAS) said on Friday that its subsidiary, Korea LNG Bunkering, successfully carried out the country’...

Electrification, Hyundai Mobis’ growth engine for future mobility

Electrification, Hyundai Mobis’ growth engine for future mobility

Hyundai Mobis Co., the world’s fifth-largest auto parts maker, is set to focus on electrification to enhance its competitiveness in future mob...

LG ramps up European HVAC marketing with new Therma V model

LG ramps up European HVAC marketing with new Therma V model

LG Electronics Inc., a leading South Korean home appliance maker, is strengthening efforts to enhance its presence in Europe’s heating, ventil...

HD Hyundai secures Korea's hydrogen engine generator project

HD Hyundai secures Korea's hydrogen engine generator project

HD Hyundai Infracore Co., a construction equipment and engine manufacturer, said on Thursday it has won the government's first project to develop ge...

NCSOFT teams up with Vietnamese unicorn VGN to tap SE Asian market

NCSOFT teams up with Vietnamese unicorn VGN to tap SE Asian market

South Korea’s gaming behemoth NCSOFT Corp. has set up a joint venture with Vietnamese tech unicorn VNG Corp. to tap into Southeast Asia starti...

Samsung SDS gains AI management system certification

Samsung SDS gains AI management system certification

Samsung SDS Co. announced on Thursday that it has become the first company in South Korea's IT service industry to receive the ISO/IEC 42001 certifi...

Gas maker Air Products Korea put on sale for around $3.6 bn

Gas maker Air Products Korea put on sale for around $3.6 bn

US industrial gas maker Air Products and Chemicals Inc. has put its South Korean unit up for sale for an estimated 5 trillion won ($3.6 billion), in...

LG unveils Korea’s 1st open source AI to take on Meta, Google

LG unveils Korea’s 1st open source AI to take on Meta, Google

LG Group, South Korea’s fourth-biggest conglomerate, on Wednesday introduced the country’s first open-sourced artificial intelligence la...

Samsung signs wind turbine structure supply deal with Equinor

Samsung signs wind turbine structure supply deal with Equinor

South Korea's Samsung Heavy Industries Co. said on Wednesday that it has signed an exclusive agreement with Norway's state-owned energy company Equi...

S.Korea’s current account at near 7-year high on strong chip exports

S.Korea’s current account at near 7-year high on strong chip exports

South Korea reported its biggest monthly current account surplus in six years and nine months thanks to robust exports of semiconductors. But the gr...

SIMPAC, Brazil's RIMA to set up ferrosilicon joint venture

SIMPAC, Brazil's RIMA to set up ferrosilicon joint venture

SIMPAC Inc., a South Korean ferroalloy producer, said on Monday that it will establish a joint venture with Brazilian silicon alloy manufacturer RIM...

South Korean stocks rebound but still on rollercoaster

South Korean stocks rebound but still on  rollercoaster

South Korean stocks on Tuesday recouped some of their hefty losses caused by the previous day's global panic selling after financial authorities iss...

HI Investment & Securities changes its name to iM Securities

HI Investment & Securities changes its name to iM Securities

HI Investment & Securities Co. was rebranded as iM Securities after it held an extraordinary shareholders' meeting at its headquarters in Yeouid...

Celltrion's Zymfentra joins US insurance-covered drug lists

Celltrion's Zymfentra joins US insurance-covered drug lists

South Korean biosimilar maker Celltrion Inc. said on Monday that its subcutaneous injection formulation for autoimmune diseases, Zymfentra (inflixim...

South Korean stock market crashes; more falls seen ahead

South Korean stock market crashes; more falls seen ahead

The South Korean stock market was one of the worst victims of panic selling by investors fearing further negative US economic news on Monday, with t...

Shinsegae buys low-cost cosmetics brand Amuse from Naver Snow

Shinsegae buys low-cost cosmetics brand Amuse from Naver Snow

South Korea's Shinsegae International Inc. announced on Friday that it will acquire 100% of Amuse Corp., a cosmetics brand, for 71.3 billion won ($5...

GS25 to challenge Daiso in low-cost cosmetics market

 GS25 to challenge Daiso in low-cost cosmetics market

South Korean convenience store chain GS25 said on Sunday it would expand the lineup of affordable and small-pack basic cosmetic products, targeting ...

South Korea enjoys record-high kimchi exports in first half

South Korea enjoys record-high kimchi exports in first half

South Korea's kimchi exports surged to an all-time high for a six-month period in the first half of this year, according to data from the Korea Agro...

Slowing economy creates opportunity for S. Korean used car sellers

Slowing economy creates opportunity for S. Korean used car sellers

South Korea’s used car sellers hope to take advantage of the slowing economic growth at home and abroad to expand their market shares.Lotte Re...

Jeju Air seeks M&A, igniting race for top place in Korea's LCC market

Jeju Air seeks M&A, igniting race for top place in Korea's LCC market

Jeju Air Co., a leading South Korean low-cost carrier (LCC), will likely seek the acquisition and merger of a rival small airline operator amid inte...

Korea's warehouses suffer oversupply, rising vacancies

Korea's warehouses suffer oversupply, rising vacancies

Logistics centers in Seoul suburbs are suffering oversupply and rising vacancy rates, according to a report from South Korean commercial real estate...

Samsung invests in US AI security startup Protect AI

Samsung invests in US AI security startup Protect AI

Samsung Venture Investment Corp., Samsung Electronics Co.'s venture capital firm, has invested in Protect AI Inc., a US startup offering a security ...

Qxpress investors to take over Qoo10 founder's control

Qxpress investors to take over Qoo10 founder's control

Financial investors of Qxpress Pte. are set to take over Singapore-based Qoo10 Pte. and its founder Ku Young Bae’s control amid financial turm...

S.Korea, China's technology leak, anti-dumping disputes surge

S.Korea, China's technology leak, anti-dumping disputes surge

South Korean companies are getting tough on anti-dumping and patent infringement cases as they feel threatened by the intensifying price competition...

South Korea’s Inflation reaccelerates in July

South Korea’s Inflation reaccelerates in July

South Korea’s headline inflation picked up at a stronger-than-expected pace in July, reaccelerating due to higher prices for agricultural and ...

S.Korea’s July household debt grows at fastest pace in over 3 years

S.Korea’s July household debt grows at fastest pace in over 3 years

South Korea’s household debt is expanding at the fastest pace in over three years, clouding growth in Asia’s fourth-largest economy and ...

Test case looms for Korea’s revised Commercial Act as VIP Asset challenges Lotte Rental’s rights issue to Affinity HYBE sparks summer vibes with BTS live album, TXT comeback, new boy band launch K-beauty contract manufacturers see record Q2 profits; rally likely to continue S.Korea’s Bebesup earns China nod for baby skincare, eyes global expansion At home, K-convenience stores battle stagnation; abroad they're powerful K-food ambassadors