KT unveils B2B generative AI service Mi:dm

KT unveils B2B generative AI service Mi:dm

South Korean telecom giant KT Corp. on Tuesday unveiled Mi:dm, a generative artificial intelligence (AI) service for corporate clients, at its Seoul...

Woori Bank to add two new branches in India 2024

Woori Bank to add two new branches in India 2024

South Korea's Woori Bank plans to open two new branches in India in the first half of next year. The bank announced on Tuesday it has obtained ...

S.Korea sees record of beverage exports in Q1~Q3

S.Korea sees record of beverage exports in Q1~Q3

South Korea's exports of beverages from Jan. to Sept. this year exceeded $500 million to break all-time record.Export data released on Thursday by t...

Nexon’s 'The Finals' draws record-high concurrent users

Nexon’s 'The Finals' draws record-high concurrent users

South Korea’s game publishing giant Nexon Co. is set to release another blockbuster game after its new first-person shooting game “The F...

BBQ's Chicken Camp gets popularity from foreign tourists

BBQ's Chicken Camp gets popularity from foreign tourists

Foreign tourists looking for Chicken Camp, operated by BBQ, a South Korean fried chicken brand, have been increasing noticeably. Chicken Camp is a c...

S-Oil basks in hefty Q3 profit, expects strong winter demand

S-Oil basks in hefty Q3 profit, expects strong winter demand

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., said on Monday it swung to a net profit in the third quarter from a loss the year earli...

Hyundai unveils Avante N1 Cup Car

Hyundai unveils Avante N1 Cup Car

Hyundai Motor Co. has unveiled the "Avante N1 Cup Car," which will be introduced in the 2024 season of the largest one-make race event in South Kore...

South Korean steelmakers face longer winter

South Korean steelmakers face longer winter

South Korean steelmakers, including the world’s sixth-largest steelmaker POSCO, are facing a longer-than-expected winter in steel demand as th...

Samsung to sell certified refurbished Galaxy phones in Korea

Samsung to sell certified refurbished Galaxy phones in Korea

Samsung Electronics Co. plans to sell certified refurbished Galaxy phones in South Korea at prices up to 50% cheaper than brand-new phones, a move e...

SK Square in talks with Qoo10 for joint management of 11Street

SK Square in talks with Qoo10 for joint management of 11Street

SK Square Co., the investment management arm of SK Group, is in talks with Qoo10 Pte. to merge its e-commerce subsidiary 11Street with the Singapore...

Kia reveals exterior design of the new Carnival

Kia reveals exterior design of the new Carnival

Kia Corp., South Korea’s second-largest automaker, unveiled the new exterior design of its flagship large leisure vehicle Carnival on Friday. ...

NS Shopping to support partner's Indonesian export

NS Shopping to support partner's Indonesian export

South Korean online shopping mall operator NS Shopping Co. announced on Friday it will support the overseas expansion of its partner, Taeyoung.Taeyo...

Digital infrastructure as essential as water today: asset managers

Digital infrastructure as essential as water today: asset managers

Digital assets are important components of change in the infrastructure investment landscape today and are as essential as water and electricity, ex...

HD Hyundai develops electric propulsion system for large ships

HD Hyundai develops electric propulsion system for large ships

HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries Co. have secured Approval in Principle (AIP) from the UK's Lloyd's ...

Samsung Biologics eyes new drugmaker acquisitions

Samsung Biologics eyes new drugmaker acquisitions

BARCELONA -- Samsung Biologics Co., the world’s top contract manufacturing organization by capacity, is looking for acquisitions of new drugma...

Theraject Asia applies for microneedle patent in US

Theraject Asia applies for microneedle patent in US

South Korean microneedle company Theraject Asia on Thursday said it recently applied for a US patent for a medical microneedle, specifically a const...

Innocean to invest $370 million in new growth drivers

Innocean to invest $370 million in new growth drivers

Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, will invest 500 billion won ($370 million) for four years u...

Prepare for long-term, illiquid asset management: Korean investors

Prepare for long-term, illiquid asset management: Korean investors

South Korean institutional investors said they are preparing for prolonged high interest rates and market uncertainty, building mid- to long-term pl...

Korean garment maker Hansae targets growth amid economic woes

Korean garment maker Hansae targets growth amid economic woes

HO CHI MINH CITY – South Korean garment maker Hansae Co. expects to see decent growth in sales and profits next year despite the global clothi...

Neo Chair cements No. 1 spot as office chair brand on Amazon

Neo Chair cements No. 1 spot as office chair brand on Amazon

Neo Chair, almost unheard of in its home country South Korea, is the top-selling office chair brand on Amazon, the world's largest e-commerce platfo...

SK Geo Centric to supply recycled plastic materials to Amcor

SK Geo Centric to supply recycled plastic materials to Amcor

SK Geo Centric Co., a South Korean petrochemical company, announced on Thursday it has entered into an agreement to supply recycled plastic material...

LG Elec to launch new business with startup: LG NOVA head

LG Elec to launch new business with startup: LG NOVA head

SAN FRANCISCO – LG Electronics Inc. will set up a new business entity focusing on some of its new growth pillars — digital healthcare, c...

Naver succeeds in issuing $133 mn Samurai bonds

Naver succeeds in issuing $133 mn Samurai bonds

South Korea's Naver Corp. announced on Thursday it successfully issued Samurai bonds, becoming the first global IT company to do so. Naver's debut...

S.Korea’s ModaModa unveils new hair darkening shampoo

S.Korea’s ModaModa unveils new hair darkening shampoo

South Korean haircare brand ModaModa launched its second-generation hair darkening shampoo "ModaModa Zero Gray Black Shampoo" on Thursday. Prev...

S.Korea releases winter schedule for weekly int’l flights

S.Korea releases winter schedule for weekly int’l flights

South Korea will expand its number of weekly flights this winter to Japan and Southeast Asia, two regions expected to have high demand that season, ...

Korea’s Teachers’ Pension names SK Securities VP as CIO

Korea’s Teachers’ Pension names SK Securities VP as CIO

South Korea’s Teachers’ Pension has named Jeon Bum-sik, a vice president at SK Securities Co. with three decades of investment experienc...

Lotte Wellfood promotes Pepero Day in New York

Lotte Wellfood promotes Pepero Day in New York

South Korea's Lotte Wellfood Co. announced on Thursday it has started the global campaign for Pepero in the US, the company's iconic chocolate-cover...

LG Chem to manufacture flooring from waste PET bottles

LG Chem to manufacture flooring from waste PET bottles

South Korea's LG Chem Ltd. revealed on Thursday its plan to produce an eco-friendly plasticizer derived from discarded polyethylene terephthalate (P...

Stability prioritized over risk-taking assets: Korean investors

Stability prioritized over risk-taking assets: Korean investors

South Korean institutional investors increased private lending as interest rates stay higher for longer, while tapping into the secondary market for...

S.Korean HD Hyundai inks $3.9 bn Qatar LNG tanker deal

S.Korean HD Hyundai inks $3.9 bn Qatar LNG tanker deal

DOHA -- HD Hyundai Heavy Industries Co., the world’s second-largest shipyard, has won a $3.9 billion deal to build 17 liquified natural gas ca...

Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A