S.Korea to send $130 mn in aid for Ukraine’s reconstruction

South Korea will aid the reconstruction of Ukraine, which is at war with Russia, through loans worth $130 million from the Economic Development Coop...

N.Korea's military reconnaissance satellite launch imminent

North Korean leader Kim Jong-un broke a month of stealth to visit the site of preparations for the launch of the first military reconnaissance satel...

Get away from it all? Korea is a must-visit, says Airbnb's strategy officer

This summer is expected to be one of the busiest travel seasons seen in a while.Trapped in the COVID-19 pandemic lockdown over the past couple of ye...

S.Korea, Canada to bolster key minerals supply partnership

South Korea and Canada will make close cooperation to strengthen their supply chains of critical minerals such as uranium and nickel, key materials ...

Chevrolet Trailblazer tops in US small SUV market

Chevrolet Trailblazer claimed the top spot in the subcompact crossover SUV market in the United States in the month of April. It maintained its posi...

Amkor to top semiconductor packaging sector with better tech

Amkor Technology Inc., the world’s No. 2 semiconductor packaging company, aims to take the sector throne by improving technology competitivene...

S.Korea’s popular donut brand Knotted to enter US market

South Korean lifestyle hospitality startup Good Food For Good (GFFG) announced on Wednesday a strategic plan called "New GFFG 2.0." The plan aims to...

SK Telecom develops quantum cryptography-based VPN

South Korea's SK Telecom Co. announced on Wednesday that has completed the development of quantum key distribution (QKD) technology-based virtual pr...

Korea to require pre-disclosure of major shareholder stake sales

South Korea is set to require pre-disclosures of major shareholders’ listed company stake sales in an aim to prevent tumbles in stock prices.A...

SK, Hana Financial groups to jointly develop credit rating model

South Korea’s SK Group and Hana Financial Group are jointly developing a next-generation credit rating model for the financially disadvantaged...

Samsung’s Galaxy Book3 controls more than half of Korea’s laptop market

When Samsung Electronics Co. reported the worst quarterly loss for its semiconductor business last month, it found hope and relief in its mobile bus...

Mirae Asset Securities acquires European ETF market maker GHCO

Mirae Asset Securities UK, the UK corporation of South Korea's Mirae Asset Securities, announced on Monday that it has acquired GHCO, a market-makin...

AskUp aims to make life more convenient, even with highball recipes

Amid the generative artificial intelligence technology sensation, businesses scramble to get creative in using AI to bolster their sales, and a Sout...

Hyundai Rotem's hydrogen fuel cell tram wins iF Design Award

Hyundai Rotem is South Korea's first rail company to win a global design award, with its hydrogen fuel cell tram claiming the main prize in the pr...

S.Korea’s January-April car exports at record high of $23.2 bn

In an impressive surge, South Korea's automobile exports soared to an unprecedented high of $6.16 billion (8.2 trillion won) in April, marking a sta...

Samsung Engineering, OMV sign agreement for modular project

South Korea's Samsung Engineering has partnered with global integrated energy company OMV for project collaboration. Samsung Engineering announced T...

BOK, Samsung to develop offline CBDCs using Galaxy devices

South Korea’s central bank and Samsung Electronics Co. have joined hands to further advance the country’s offline central bank digital c...

S.Korea to launch first cyber office for small, medium businesses

South Korea's Minister of SMEs and Startups Lee Young on Monday said the country will launch its 18th office for small and medium enterprises (SME) ...

US default drama is last thing South Korea needs

At a White House dinner last month, Yoon Suk Yeol turned heads singing Don McLean’s “American Pie.” It was a uniquely lighthearted m...

Korea starts building Shin Hanul, reviving aim to be nuclear powerhouse

South Korea has begun construction of the main parts of the Shin Hanul nuclear reactors No. 3 and No. 4, reviving its goal of becoming a global nucl...

Political crypto scandal hits Korean P2E game deregulation hopes

A South Korean lawmaker’s scandal over ownership of cryptocurrencies, including those issued by domestic game developers, is expected to jeopa...

SK Chemicals, Comex jointly develop eco-friendly food storage containers

South Korea's SK Chemicals announced on Monday the launch of "Eco Clear," an airtight container developed in collaboration with Comex Industrial Co....

SE Asian visitors revive Seoul’s tourism industry

In Myeongdong, Seoul’s shopping mecca, on May 14, street vendors were busy soliciting foreign tourists, greeting them in their mother tongues ...

Samsung to invest $221 mn to build R&D chip line in Japan: Nikkei

Samsung Electronics Co. will build a prototype chip production facility in Japan for 30 billion yen ($221 million) to develop next-generation back-e...

Samsung, Naver to jointly develop generative AI to rival ChatGPT

South Korea’s two tech giants – Samsung Electronics Co. and Naver Corp. – have agreed to jointly develop a generative artificial i...

YG’s new girl group lifts stock price to decade high

YG Entertainment Inc., the K-pop label behind global sensation Blackpink, saw its stock hitting the highest point in more than 10 years as a new gro...

HD Hyundai Energy Solutions to develop ultra-high efficiency solar panel

South Korea's HD Hyundai Energy Solutions, HD Hyundai Co.'s solar power subsidiary, has set a goal to mass produce ultra-high efficiency solar panel...

K-Bio Lab Hub, Japan's iPark to jointly support bio startups

South Korean Ministry of SMEs and Startups announced on Friday that it has reached the previous day an agreement with Japan's iPark Institute duri...

BTS’ memoir of past decade to be published in July

A book describing the K-pop boy band BTS’ 10 years of history will be published in July.According to the New York Times and the Guardian, the ...

Samsung develops 128GB DRAM for data intensive applications

Samsung Electronics Co. said on Friday it has developed the industry’s first 128-gigabyte DRAM based on the compute express link (CXL) 2.0 mem...