Will Night Crows be Korean game developer WeMade’s savior?

Will Night Crows be Korean game developer WeMade’s savior?

WeMade Co. on Thursday officially launched Night Crows, a new massively multiplayer online roleplaying game (MMORPG), in South Korea as the major do...

S.Korea’s four firms to develop domestic tech for carbon capture

S.Korea’s four firms to develop domestic tech for carbon capture

South Korea's shipbuilding and shipping companies, including HMM Co., Samsung Heavy Industries, marine equipment manufacturer Panasia and the ship i...

BIND wins D.Camp startup pitch race in April, co-sponsored by CJ

BIND wins D.Camp startup pitch race in April, co-sponsored by CJ

BIND Corp. was chosen by investors as the best of the best for its online fashion platform for middle-aged men during South Korea’s major star...

DevSisters starts pre-booking Cookie Run: Kingdom in China

DevSisters starts pre-booking Cookie Run: Kingdom in China

South Korean game developer DevSisters Corp. announced on Friday that its globally popular mobile game "Cookie Run: Kingdom" has opened pre-registra...

PwC’s S.Korean member to focus on SE Asia acquisition deals

PwC’s S.Korean member to focus on SE Asia acquisition deals

Samil PricewaterhouseCoopers, the South Korean member firm of global accounting industry leader PwC, aims to focus on overseas acquisition deals of ...

S.Korea’s HD KSOE, Samsung Heavy post surplus amid order rally

S.Korea’s HD KSOE, Samsung Heavy post surplus amid order rally

South Korea’s HD Korea Shipbuilding & Offshore Engineering (KSOE) and Samsung Heavy Industries (SHI) posted good performance in the firs...

S.Korean walking app Cashwalk debuts in Spain, Italy

S.Korean walking app Cashwalk debuts in Spain, Italy

Nudge Healthcare, a South Korean startup that operates the health management app Cashwalk, has added Italy and Spain to the list of overseas markets...

POSCO Int’l Q1 operating profit up 30% with merged energy affiliate

POSCO Int’l Q1 operating profit up 30% with merged energy affiliate

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., reported a 30% on...

Chinese weak domestic demand causes S.Korean trade deficit: report

Chinese weak domestic demand causes S.Korean trade deficit: report

The Korea International Trade Association (KITA) has urged South Korea to develop a strategy to strengthen exports to China based on its market situ...

Korean Air, Asiana to increase award seats ahead of merger

Korean Air, Asiana to increase award seats ahead of merger

Korean Air Lines Co. and Asiana Airlines Inc. are set to increase award seats while revising their membership terms and conditions to help customers...

Seoul zeroes in on high tech for US business alliance

Seoul zeroes in on high tech for US business alliance

South Korean President Yoon Suk Yeol is off to a smooth start on his six-day state visit to the US this week, which is expected to pave the way for ...

S.Korea gov’t hosts sales event for domestic, US SMEs

S.Korea gov’t hosts sales event for domestic, US SMEs

South Korean small- and medium-sized enterprises (SMEs) expanded their exchange and cooperation with US firms during President Yoon Suk yeol's state...

In South Korea, innovation is subject to regulatory approval

In South Korea, innovation is subject to regulatory approval

In a country like South Korea with few natural resources to run its economy, innovations or brilliant business ideas are crucial to its survival.It ...

Hyundai Steel unveils carbon neutrality roadmap

Hyundai Steel unveils carbon neutrality roadmap

South Korea's steelmaker Hyundai Steel unveiled on Wednesday its "Carbon Neutrality Roadmap" aimed at reducing its direct and indirect carbon emissi...

HMM, GS Caltex to cooperate for eco-friendly biofuel project

HMM, GS Caltex to cooperate for eco-friendly biofuel project

South Korea's HMM Co. has partnered with GS Caltex for an eco-friendly biofuel project aimed at reducing greenhouse gas emissions, according to an...

Direct lending tops private debt strategy again for Korean LPs

Direct lending tops private debt strategy again for Korean LPs

Direct lending, which has topped South Korean institutional investors’ private debt strategies for years, has become even more popular amid risi...

Korean dept stores to lure foreigners with K-pop, festival

Korean dept stores to lure foreigners with K-pop, festival

South Korean department stores are set to launch various programs such as a festival and sales of K-pop star merchandise to attract foreign tourists...

S.Korean gov’t to export domestic tax service system abroad

S.Korean gov’t to export domestic tax service system abroad

South Korea's National Tax Service (NTS) is looking to export its world-renowned electronic tax administration system after successfully implementin...

Bionote, Covetrus sign distribution agreement diagnostic products for animals

Bionote, Covetrus sign distribution agreement diagnostic products for animals

BioNote, South Korean developer of diagnostic reagents for animals, announced on Tuesday that it has signed a supply contract with Covetrus, a US-ba...

WeMade signs MOU with Ministry of Investment Saudi Arabia

WeMade signs MOU with Ministry of Investment Saudi Arabia

South Korea's game publisher WeMade Co. announced on Tuesday that it has signed a memorandum of understanding (MOU) with the Ministry of Investment ...

Ponzi scheme suspected behind SocGen-triggered Korean stock havoc  

Ponzi scheme suspected behind SocGen-triggered Korean stock havoc  

The South Korean financial authorities will investigate whether unfair trading practices are behind leverage trading after massive margin call reque...

POSCO beats Lotte to join S.Korea’s top 5 conglomerates

POSCO beats Lotte to join S.Korea’s top 5 conglomerates

Steel giant POSCO has joined the ranks of South Korea’s top five conglomerates for the first time, supported by strong earnings from its recha...

S.Korea-US to deepen aerospace ties through NASA's Artemis

S.Korea-US to deepen aerospace ties through NASA's Artemis

South Korea and the US are set to deepen their partnership in the aerospace sector through the Artemis program, a human and robotic Moon exploration...

KKR mulls investing $150 mn in Korean fashion platform Musinsa

KKR mulls investing $150 mn in Korean fashion platform Musinsa

Musinsa Co., South Korea’s leading online fashion platform, is in the final stage of attracting 200 billion won ($149.8 million) from US priva...

S.Korean foodservice companies’ entering to US expanded in 2022

S.Korean foodservice companies’ entering to US expanded in 2022

South Korean foodservice companies expanded their presence in the US and Japan, while facing declining prospects in China due to COVID-19 restrictio...

LGES to build pouch-type long-cell battery mother factory at $449 mn

LGES to build pouch-type long-cell battery mother factory at $449 mn

LG Energy Solution Ltd. will add a new mother factory to its Ochang manufacturing complex, as part of its plan to turn the home manufacturing site i...

Korean auto parts makers’ earnings ride on electrification push

Korean auto parts makers’ earnings ride on electrification push

South Korea’s major automotive parts makers are expected to post decent growth in their first-quarter sales and earnings on the back of their ...

Netflix to inject $2.5 bn in Korean drama series, movies over next 4 years

Netflix to inject $2.5 bn in Korean drama series, movies over next 4 years

WASHINGTON, D.C. –  US streaming giant Netflix is slated to invest $2.5 billion in South Korea over the next four years to boost its cont...

Webcash launches AI accounting solution Wabooks in Vietnam

Webcash launches AI accounting solution Wabooks in Vietnam

South Korea's Webcash Co. Group announced on Tuesday that it recently launched Wabooks, a Vietnamese version of the AI-powered accounting solution...

S.Korea wary of tougher US anti-China moves for chipmakers

S.Korea wary of tougher US anti-China moves for chipmakers

South Korean President Yoon Suk Yeol on Monday kicked off a six-day state visit to the US with a tough assignment: finding diplomatic solutions for ...

Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs K Shipbuilding up for sale as Korean shipyards ride new boom Samsung to buy US health tech firm Xealth in digital health push Korean waste management firm Koentec on market for $730 mn US unveils 25% tariffs on S.Korea, sets Aug. 1 deadline for agreement