Hanwha Ocean mulls large investments in warship facilities

Hanwha Ocean mulls large investments in warship facilities

Hanwha Ocean Co., the world’s fourth-largest shipbuilder, is considering large investments in new facilities to manufacture warships as the co...

S.Korea's E-mart24 opens 3rd branch in Singapore

S.Korea's E-mart24 opens 3rd branch in Singapore

South Korea’s convenience store chain E-mart24 has opened its third store in Singapore featuring the city-state's hawker culture, aiming for l...

Naver D2SF invests in AI data generation startup

Naver D2SF invests in AI data generation startup

South Korea's top online platform Naver Corp. has invested in a startup with an artificial intelligence-generation solution that lowers the risk of ...

Samsung Heavy Industries succeeds autonomous vessel navigation

Samsung Heavy Industries succeeds autonomous vessel navigation

South Korean shipbuilder Samsung Heavy Industries said on Thursday it had successfully demonstrated autonomous vessel navigation from South Korea to...

Samsung faces scrutiny under new EU digital market rules

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 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 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

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...

Lunit participates in Saudi's SEHA Virtual Hospital project

Lunit participates in Saudi's SEHA Virtual Hospital project

South Korean medical AI company Lunit announced on Wednesday that it will participate in the "SEHA Virtual Hospital" project, a key initiative of Sa...

S.Korea's Riiid enters Brazilian public education market

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

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

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...

SKC to invest $3.8 bn in secondary battery materials by 2025

SKC to invest $3.8 bn in secondary battery materials by 2025

South Korea's chemical material maker SKC will invest over 5 trillion won ($3.8 billion) in three sectors -- secondary batteries, semiconductors and...

Up close and personal look at HYBE workplace, culture

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

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

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...

SK C&C to release Kospi-focused AI investment strategy service

SK C&C to release Kospi-focused AI investment strategy service

SK C&C, an information and communications technology affiliate of South Korea’s SK Group, will create an artificial intelligence (AI) inve...

SK Square, SK Hynix set up $77 million chip investment unit

SK Square, SK Hynix set up $77 million chip investment unit

SK Square Co. and SK Hynix Inc., together with two other South Korean companies, have launched a 100 billion won ($77 million) joint investment unit...

S.Korea's T&R Biofab secures patent in Japan for 3D-printed liver

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

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

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

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

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

 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

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 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 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

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 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...

NPS taps Macquarie, IMM, Hahn & Co. as private equity managers

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...

LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries KPop Demon Hunters OST lands at No.6 on Billboard Hot 100 K-beauty craze sends Olive Young online sales to new heights Hyundai Motor’s high-stakes gambit in US: Cut vehicle prices as rivals hike With waning MZ interest, is heyday over for S.Korea’s golf apparel market?