Korean Cultural Center New York

Shinhan Financial Group Co., South Korea's second-largest financial group, plans to build a new high-rise office tower in Seoul’s central busi...

Samsung Bioepis Co., a biosimilar development unit of South Korea’s top conglomerate Samsung Group, has begun its new drug development busines...

Nongshim Co., South Korea’s top instant noodle maker, is set to build a new factory in the country for exports of ramen, or ramyun, for the fi...

South Korea’s savings banks turned to the red after nine years in 2023 as they put aside heavy reserves on future loan losses, with their loan...

Samsung Electronics Co., the world’s top memory chipmaker, will supply its next-generation Mach-1 artificial intelligence chips to Naver Corp....

Starting in May, drones, not boats, will deliver parcels and even fried chicken to residents living on some of South Korea's remote islands unreacha...

POSCO Holdings Inc.'s new Chairman Chang In-hwa on Thursday pledged to keep fostering its electric vehicle battery materials business, the group&rsq...

South Korea's SK Bioscience Co. announced on Thursday that it has shipped about 440,000 doses (for single-dose administration) of its cell-cultured ...

South Korea’s lube oil maker SK Enmove Co. is seeking to supply liquid immersion cooling systems for data centers of a US technology company, ...

Krafton Inc., South Korea’s gaming behemoth, is gearing up for the second chapter of its business through “mega” M&A deals and...

LG Group, South Korea’s fourth-largest conglomerate, injected $97 million into a fund run by Vista Equity Partners Management LLC for investme...

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Wednesday that it signed a memorandum of understanding (MOU) wit...

SAN JOSE, Calif. – Samsung Electronics Co.'s stock zoomed on Wednesday after the world’s most famous AI chip provider Nvidia Corp. hinte...

Sephora, the world's leading multi-brand beauty retailer and an affiliate of French luxury conglomerate LVMH, announced on Tuesday that it will exit...

South Korean retail investors, hunting for bargains, have flocked to shovel in the Japanese currency hovering around its record low value in anticip...

Samsung Group announced on Tuesday that its Life Science Fund has invested in the US-based antibody-drug conjugates (ADC) and gene therapy technol...

Renault Korea Motors Co., grappling with a protracted slump without new releases, plans to invest more than 700 billion won ($523 million) by 2027 t...

South Korea's IL Science Co. said on Monday that it signed a contract with the US-based automotive electronics company Polymer Optics to supply an i...

South Korean biopharmaceutical giant Celltrion Inc. said on March 17 that it has launched its new autoimmune disease treatment Zymfentra in the US m...

South Korea’s nonferrous metal industry is scrambling for the procurement of copper scrap as China, the world’s top copper consumer, has...

The Korea Enterprises Federation will reinforce efforts to win lawmakers’ nod to its long-desired campaign to slash corporate taxes and inheri...

South Korea’s GAS Entec Co., the offshore plant design and modification form, has secured a contract to construct and operate a liquified natu...

South Korea’s SK E&S Co. announced on Sunday that its US-based electric vehicle (EV) charging subsidiary EverCharge Inc. will install hund...

Samsung Electronics Co., the world’s top TV manufacturer, said on Sunday it is enjoying strong demand for new TVs, especially premium ultra-la...

Shinhan Bank announced on Friday that its Indonesian subsidiary Shinhan Bank Indonesia signed a strategic business agreement with PT Artha Dana Tekn...

T'way Air Co. announced on Friday that it will operate a new route between Incheon Airport and Beijing Daxing Airport from Mar. 25 to 30. T'way...

South Koreans’ spending on private education hit a new record high of 27.1 trillion won ($20 billion) in 2023, as the government’s annou...

Korean Air Lines Co., South Korea’s No. 1 full-service carrier, said on Thursday it has begun construction of a $439 million aircraft engine m...

South Korean major banks aim to accelerate their expansions in other countries as their overseas investments paid off with record profits last year ...

South Korean rental platforms have become a headache for private equity firms, with their declining profits and dim business outlooks making them ha...