Doosan Enerbility expands metal 3D printing into shipbuilding
South Korea’s Doosan Enerbility Co. said on Monday that it has signed a memorandum of understanding (MOU) with Pelagus 3D, a Singapore-based p...
Korea-led group wins Indonesia's power plant service deal
A consortium led by South Korean companies has bagged 130 billion won ($98 million) worth of an offshore plant service order from Indonesia under a ...
POSCO International to build motor core plants in Poland, Mexico
POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., said on Monday it will build new trac...
S.Korea’s HD KSOE bags $1.1 bn order to build LNG carriers
South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said on Monday it has secured a $1.08 billion con...
Hyundai Everdigm enters NA construction machinery market
South Korea’s Hyundai Everdigm Corp. announced on Monday that it has signed a dealership agreement with the US-based heavy equipment special...
KB Kookmin Bank opens KB Prasac Bank in Cambodia
KB Kookmin Bank announced on Monday that it held an opening event for the integrated commercial bank KB Prasac Bank PLC in Phnom Penh, Cambodia, on ...
S.Korea’s foreign currency deposits fall as dollar’s strength seen limited
South Korea’s foreign currency deposits fell for the first time in four months in January as the dollar’s further gains versus the won f...
Hyundai to reignite Brazil’s mobility push with $1.1 billion investment
South Korea’s top automaker Hyundai Motor Co. said on Friday it will invest $1.1 billion in Brazil to reinvigorate the South American country&...
Hanwha Aerospace, home of Korea’s next-generation space industry
CHANGWON, South Gyeongsang Province – South Korea’s Hanwha Aerospace Co. aims to establish a foothold in the global rocket industry domi...
Defy convention with long-run plans to upvalue Korean stocks
The South Korean stock market has been on an upward swing in recent weeks, with many partly attributing it to President Yoon Suk Yeol’s pledge...
S.Korea to up the ante on small modular reactor foundry business
South Korea will nurture the small modular reactor (SMR) foundry business to revive the country’s nuclear power industry by rolling back the p...
SK C&C wins Korea’s nod for brain infarct diagnosis AI solution
SK Inc C&C (SK C&C), the information technology service unit of South Korea’s SK Group, said on Thursday it has secured medical device...
Korea’s HL Mando launches auto parts JV with China’s Tianrun
HL Mando Corp., an electric vehicle and self-driving system developing unit of South Korea’s HL Group, said on Thursday it has launched an aut...
Korea announces 1st local firm to issue multiple voting shares
South Korea announced on Wednesday that Colosseum Corporation Inc., an artificial intelligence-powered logistics services provider, has become the f...
Samsung to unveil Galaxy Fit3 in global market
Samsung Electronics Co. announced on Thursday that it will release its new fitness band, the Galaxy Fit3. The device features an expansive 40mm di...
Korean bakeries with French names outsmart French peers
Paris Baguette and Tous les Jours, South Korea's two largest bakery brands, have been consolidating their positions in the saturated domestic market...
SK Energy, PTC Korea team up for smart plant construction business
SK Energy Co., South Korea’s top oil refiner and energy company, said on Wednesday it has teamed up with PTC Korea Co. to jointly enter the gl...
Meta’s Zuckerberg to visit Korea on possible AI partnership
Mark Zuckerberg, chief executive of US tech giant Meta Platforms Inc. plans to visit South Korea later this month and meet key figures including Pre...
LG Electronics to develop hotel-exclusive robots
LG Electronics Inc. will develop hospitality robots jointly with South Korea’s luxury hotel chain operator Josun Hotels & Resorts Co. to m...
Hyundai Motor Group in test run of dedicated EV plant in Korea
Hyundai Motor Group, the world’s No. 3 automaker, started a test operation of the first dedicated electric vehicle factory in South Korea to a...
SK Telecom invests in Lambda to foray into AI cloud market
SK Telecom Co., South Korea’s largest mobile carrier, said on Wednesday it has invested in Lambda, a graphics processing unit (GPU) cloud prov...
Norway’s prime office value drop hits Korean retail investors
A South Korean real estate fund is set to post a 100% loss as the value of its sole asset, a prime office building wholly leased to Norway’s l...
Hyundai Dept. Store, Siam Piwat to collaborate for K-content
South Korea’s Hyundai Department Store Co. announced on Wednesday that it signed a business agreement with Thailand’s retail giant Siam ...
South Korea’s luxury hotels bask in return of tourists post-pandemic
South Korea’s luxury hotels are enjoying the return of tourists following years of COVID-19 restrictions, which significantly hurt their sales...
Series C startup Wefun eyes 2025 IPO in S.Korea
Wefun, a Seoul-based startup operating an office maintenance, repair and operation (MRO) platform, plans to go public next year after successfully r...
KT to participate in MWC 2024 with five Korean startup partners
South Korea’s KT Corp. announced on Tuesday that it will participate in the world's largest mobile exhibition MWC 2024 to be held in Barcelona...
South Korea tightens export controls to Russia, Belarus
South Korea will halt shipments of nearly 700 additional items, including rechargeable batteries, heavy equipment and cars with 2,000 and larger-lit...
Hanwha Ocean develops draft measuring with drones
South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Tuesday that it has developed a system that utilizes drones and ...
HD Hyundai to build power distribution device plant in Cheongju
South Korea's HD Hyundai Electric Co. announced on Tuesday that it will invest 117.3 billion won ($87.72 million) in building a new medium and low...
India equity funds top overseas stock funds in S.Korea
India equity funds registered in South Korea have doubled their investors' wealth over the past five years, luring high-net-worth individuals lookin...
