Korea Ginseng Corp. intensifies marketing efforts in the UAE

South Korea’s Korea Ginseng Corp. (KGC) said on Tuesday it recently hosted its second annual conference for large retail pharmacy chains in th...

Golf apparel goes trendy and upmarket in Korea on rise of young golfers

As the popularity of golf grows in South Korea, particularly among young people, golf clothes are becoming increasingly more expensive and fashionab...

Four chip alliance: S.Korea's courage to overcome Chinaphobia

“I'm gonna make him an offer he can’t refuse.”Ahn Cheol-soo, a senior lawmaker of South Korea’s ruling People Power Party, c...

Specialty finance emerging on resiliency, diversification: M&G Investments

As global investors are seeking ways to protect their investment returns in an inflationary, rising rate environment, some asset managers are eyeing...

SK Geo Centric to build high value-added material plant in China

South Korea’s major petrochemical company SK Geo Centric Co. is set to build an ethylene acrylic acid (EAA) plant in China with a local partne...

Carlyle CEO Lee’s sudden exit puts the PE’s Korea strategy in spotlight

The sudden resignation of The Carlyle Group Inc. Chief Executive Kewsong Lee has not just surprised the global investment community but raised quest...

Hyundai Motor between rock and a hard place over Russia operations

South Korea’s automotive juggernaut Hyundai Motor Co., which has invested heavily in Russia over the last several years, is stuck between a ro...

Korea's SeAH joins hands with Saudi Aramco on special steel

South Korea’s steel conglomerate SeAH Group has tied up with Saudi Aramco, Saudi Arabia's energy giant, to accelerate its expansion in the Mid...

LG CNS chosen design consultant for Indonesia's $38 bn smart city project

LG CNS Co., a South Korean major information technology service provider, is set to consult on the design of an Indonesian smart city project worth ...

S.Korea to ease internship visa rules for foreign talent  

South Korea will introduce an internship visa program for foreigners studying at overseas universities to ease a shortage of talent in the fields of...

Korea's Vestas launches second $231 mn European warehouse fund

South Korea’s Vestas Investment Management Co. has created a 300 billion won ($231.2 million) blind pool fund for Europe-based logistics cente...

Kakao to bolster open chat, ad services for growth

South Korea’s leading online platform operator Kakao Corp. on Thursday unveiled plans to bolster its open chat and advertising businesses to a...

S.Korea’s first mission to the Moon, Danuri, enters transfer orbit

South Korea’s first lunar orbiter, Danuri, has been launched onto a ballistic lunar transfer orbit as planned, the country’s science min...

Specialty finance emerging on resiliency, diversification: M&G Investments

As global investors are seeking ways to protect their investment returns in an inflationary, rising rate environment, some asset managers are eyeing...

US private equity giant Apollo making inroads into Korea

Apollo Global Management Inc., a US private equity powerhouse, is set to launch a credit business in South Korea, aiming for the local private lendi...

US private equity giant Apollo to make inroads into Korea

Apollo Global Management Inc., a US private equity powerhouse, is set to start the credit business in South Korea, aiming for the local private lend...

KIC taps investment strategy head Lee Hoon as CIO

Korea Investment Corporation (KIC) is set to appoint Lee Hoon, the senior managing director and head of the investment strategy & innovation d...

DeFi platform Neopin unveils plan for Web 3.0, NFT, multichain services

Blockchain firm Neopin announced its strategy to strengthen its foothold in the global DeFi Market on Thursday with four keywords: Web 3.0, multicha...

Hyundai Mobis steps up future mobility business

Hyundai Mobis Co., South Korea’s largest auto parts maker, is accelerating its future mobility businesses as well as intensifying open innovat...

Seoul kicks off efforts to sell submarines to Australia

South Korea has embarked on efforts to export domestically designed submarines weighing more than 3,000 tons to Australia, while also in the final s...

Kakao Games posts record-high operating profit in Q2

Kakao Games Corp., the game publishing unit of South Korean web service giant Kakao Corp., said on Wednesday it achieved record-high operating profi...

Six major Korean firms tie up with Petronas for carbon biz

South Korea’s six biggest companies joined hands with Malaysia’s state energy firm Petroliam Nasional Berhad (Petronas) for the carbon c...

Korea to further lag China on self-driving cars

South Korea is expected to lag behind China further on autonomous vehicle technology as Shenzhen, the technology hub in Guangdong province, allowed ...

Popular app operators in South Korea race to create super apps

App operators in South Korea are in stiff competition to create super apps – as clear winners have emerged in different business sectors.The d...

S.Korea edges closer to joining US-led chip alliance

August could mark a turning point for South Korea’s semiconductor industry.The country has been keeping tight-lipped on whether or not to join...

Korea inflation hits highest point since 1998 crisis, BOK to hike rates

South Korea’s inflation accelerated further last month to its highest point since the 1997-98 Asian financial crisis, adding to expectations t...

Korea’s GS Retail fined $18.7 million over unfair dealings with contractors

South Korea’s antitrust regulator on Tuesday slapped GS Retail Co., a GS Group unit that operates the country’s second-largest convenien...

Korea’s top beauty chain CJ Olive Young puts IPO on hold

CJ Olive Young, South Korea’s top beauty store chain, has suspended its process to seek a stock market listing, becoming the latest major loca...

Seoul leans toward alternative military service for BTS

South Korea is leaning toward allowing the K-pop boy band BTS to fulfill alternative service instead of active military duty, the country’s mi...

Samyang Foods' Hot Chicken Flavor Ramen sales surpass 4 bn

Samyang Foods Co. announced Monday it has sold more than 4 billion packets of its uber-popular Hot Chicken Flavor Ramen, or buldak-bokkeum-myeon, to...