JW Pharma takes gout drug Epaminurad to Malaysia for phase 3

JW Pharma takes gout drug Epaminurad to Malaysia for phase 3

South Korea's JW Pharmaceutical Corp., announced on Monday that it has received approval from the Malaysian National Pharmaceutical Regulatory Age...

Former Hyundai Mobis CEO embarks on ISO president term

Former Hyundai Mobis CEO embarks on ISO president term

In a significant achievement for South Korea, Cho Sung-hwan, an advisor to Hyundai Mobis, has been elected as the first Korean president of the Inte...

LG Elec opens its first overseas EV charger plant in Texas

LG Elec opens its first overseas EV charger plant in Texas

South Korea’s LG Electronics Inc. has opened its first overseas EV charger factory in Fort Worth, Texas. The move comes as the global home app...

Rise of Korean activist investors at home

Rise of Korean activist investors at home

As the annual general shareholders’ meeting season is approaching fast, publicly traded companies in South Korea are readying for a swath of p...

LG Elec to expand ad-supported streaming service with TV OS

LG Elec to expand ad-supported streaming service with TV OS

LAS VEGAS -- LG Electronics Inc., the leading global home appliance maker, plans to expand its free ad-supported streaming television (FAST) busines...

Foreign-listed bitcoin ETF trading suspended in S.Korea

Foreign-listed bitcoin ETF trading suspended in S.Korea

South Korean investors’ years-long trading of spot-bitcoin exchange-traded funds (ETFs) listed in Canada and Germany was abruptly suspended du...

SK Telecom considers adding LLM to iPhone recording app

SK Telecom considers adding LLM to iPhone recording app

LAS VEGAS -- SK Telecom Co. is considering adding a large language model (LLM) to its iPhone call-recording app for the first time in the industry, ...

Taeyoung becomes 1st Korean builder in debt workout in decade

Taeyoung becomes 1st Korean builder in debt workout in decade

The vast majority of creditors to Taeyoung Engineering & Construction Co. (Taeyoung E&C) have agreed to start debt restructuring for the tro...

S.Korea to probe Chinese batteries' alleged patent violations

S.Korea to probe Chinese batteries' alleged patent violations

South Korea will investigate alleged patent infringement by Chinese makers of smartphone batteries and high-nickel cathodes upon requests by LG Chem...

Hyundai, Samsung-backed startups vie for spotlight at CES  

Hyundai, Samsung-backed startups vie for spotlight at CES  

LAS VEGAS – At CES, big tech names often take center stage but this is also a dream place for underdogs to become rising stars with unconventi...

Seoul kicks off Korea Grand Sale 2024 to double foreign tourists

Seoul kicks off Korea Grand Sale 2024 to double foreign tourists

South Korea on Thursday kicked off a push to nearly double the number of foreign tourists visiting the country this year to 20 million by hosting a ...

Korea's Cosmax strengthens business in Middle East, Africa

Korea's Cosmax strengthens business in Middle East, Africa

Cosmax Inc., South Korea's largest cosmetics manufacturer specializing in original design manufacturing (ODM), is embarking on a full-scale entry in...

BOK hints at policy rate peak but in no hurry to cut rates

BOK hints at policy rate peak but in no hurry to cut rates

South Korea’s central bank on Thursday hinted its policy rate may have peaked after leaving the rate unchanged for the eighth straight meeting...

CJ ENM to hold KCON Hong Kong in March

CJ ENM to hold KCON Hong Kong in March

South Korea’s entertainment powerhouse CJ ENM Co. announced on Thursday that it will hold its annual K-pop festival KCON in Hong Kong for the ...

LG Elec to raise capex, R&D spending; eyes acquisition

LG Elec to raise capex, R&D spending; eyes acquisition

LAS VEGAS -- LG Electronics Inc., the leading global home appliance maker, plans to spend more on capital expenditures, as well as research and deve...

Samsung heirs tap $2.1 bn block sale for inheritance taxes

Samsung heirs tap $2.1 bn block sale for inheritance taxes

The heirs of late Samsung Group Chairman Lee Kun-hee are seeking to sell their shares in Samsung Electronics Co. and other Samsung affiliates worth ...

Samsung Electro-Mechanics eyes turnaround with Galaxy AI

Samsung Electro-Mechanics eyes turnaround with Galaxy AI

Samsung Electro-Mechanics Co., the top electronic components maker in South Korea, aims for a turnaround this year with the launch of the first arti...

Kobiolabs gets US patent for oral obesity drug candidate

Kobiolabs gets US patent for oral obesity drug candidate

Kobiolabs Co., a South Korean microbiome-based new drug development company, announced on Wednesday that it has a patent for Roseburia intestinalis ...

Korean Air, Japan’s Yusen to co-work for SAF

Korean Air, Japan’s Yusen to co-work for SAF

Korean Air Lines Co. has recently partnered with Japan-based global logistics company Yusen Logistics for a cargo sustainable aviation fuel (SAF) ...

Koreans’ yen savings snap growth streak despite BOJ exit talk

Koreans’ yen savings snap growth streak despite BOJ exit talk

Yen-denominated deposits in South Korea slid for the first time in eight months as local investors took profits from the recent gains in the major c...

SK Hynix raises $1.5 bn in foreign bonds amid high demand

SK Hynix raises $1.5 bn in foreign bonds amid high demand

SK Hynix Inc., the world’s second-largest memory chipmaker, has raised $1.5 billion in foreign currency bonds, with the debt offering four tim...

Krafton’s PUBG tops in global game market

Krafton’s PUBG tops in global game market

“PlayerUnknown’s Battlegrounds” (PUBG), South Korea’s game developing and publishing giant Krafton Inc. ’s mega-hit ga...

Taeyoung’s fresh measures raise hope for debt workout

Taeyoung’s fresh measures raise hope for debt workout

Taeyoung Group, South Korea’s midsize conglomerate controlling logistics, media and construction businesses, on Tuesday vowed to offer up its ...

Disappointing LG Energy earnings dim outlook amid weak EVs

Disappointing LG Energy earnings dim outlook amid weak EVs

LG Energy Solution Ltd., the world’s second-largest battery maker, disappointed investors with quarterly earnings on the sluggish global elect...

Ssangyong E&C wins $57 million deal to build solar cell plant in Haiti

Ssangyong E&C wins $57 million deal to build solar cell plant in Haiti

South Korea’s Ssangyong Engineering & Construction Co. (Ssangyong E&C) said on Tuesday it has won a $57 million deal to build a 12-meg...

HD KSOE secures deal for building 15 product carriers worth $717 mn

HD KSOE secures deal for building 15 product carriers worth $717 mn

HD Korea Shipbuilding & Offshore Engineering, a key intermediate holding company of HD Hyundai Group, announced on Tuesday that it recently sign...

EcoPro establishes Global Resources Office for securing core minerals

EcoPro establishes Global Resources Office for securing core minerals

South Korean battery materials manufacturer EcoPro Co. announced on Tuesday that it has established a "Global Resources Office" to expedite the acqu...

STX invests in stake in 1.5 mn ton lithium deposit in Peru

STX invests in stake in 1.5 mn ton lithium deposit in Peru

STX Corp., a South Korean general trading company, has secured lithium, a key material for secondary batteries, and obtained a stake in a lithium mi...

Qcells, Microsoft strike 12GW solar panel deal

Qcells, Microsoft strike 12GW solar panel deal

Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group also known as Qcells in overseas market...

Korean chicken chains accelerate overseas expansion

Korean chicken chains accelerate overseas expansion

South Korean chicken chains are accelerating their overseas expansion, driven by a saturated domestic market and the growing popularity of the Korea...

Yes, it’s K-beauty: Buying interest for makeup brands runs high even before they're up for sale Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany