Hyundai Motor to up ante in US with full hybrid lineup in 2026
Hyundai Motor Group plans to expand hybrid offerings across its entire US lineup to cushion profitability from US tariff fallout while hoping to nar...
JPMorgan, Morgan Stanley to meet with Korean regulators, financial chiefs to assess Korea risks firsthand
JPMorgan and Morgan Stanley executives, alongside dozens of overseas investors, will visit South Korea next month to meet with top policymakers and ...
S.Korean President Lee to meet KPop Demon Hunters director Maggie Kang, TWICE
South Korean President Lee Jae Myung will meet with Maggie Kang, director of the Netflix animated feature KPop Demon Hunters, along with K-pop girl ...
NH gains most in Korea’s first-half IB league; Meritz emerges as fast-rising challenger
South Korea’s investment banking hierarchy is in flux after the country’s leading brokerages reported sharply divergent earnings perform...
AWS, Upstage deepen ties in AI drive across Asia-Pacific, US
Amazon Web Services (AWS) has reinforced its partnership with South Korean artificial intelligence startup Upstage, backing the company with a minor...
Korea’s demographic shift to single households: Magnet for global real estate giants, investors
South Korea’s rental housing market is attracting some of the world’s largest property investors, as the country’s shifting demogr...
Yuhan’s lung cancer drug eyes blockbuster sales by 2027
A novel lung cancer therapy developed by South Korea’s Yuhan Corp. is on track to become a global blockbuster drug, with annual sales projecte...
POSCO, JSW to build 6 million-ton steel plant in India
South Korea’s largest steelmaker POSCO Group has agreed with JSW Steel Ltd. to build an integrated steel mill with an annual capacity of 6 mil...
‘Act fast, or miss out’: Korean retail investors look to Wall Street debut stocks for hefty gains
When cryptocurrency exchange operator Bullish rang the bell at the New York Stock Exchange (NYSE) on Aug. 13, a 30-something South Korean investor l...
Woori Bank opens Austin’s first Korean lender branch as US presence gathers pace
Woori Bank, a unit of Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, has opened a branch in Austin, Tex...
Korean retail investors pile up Hong Kong shares on China tech surge
South Korean mom-and-pop investors are pouring into the Hong Kong stock market this year, chasing a rally in blue-chip Chinese tech names, with thei...
Samsung to set up chip packaging R&D center in Yokohama, raise stakes vs TSMC
Samsung Electronics Co. will set up an advanced chip packaging research and development center in Yokohama, Japan with an investment of 25 billion y...
BOE risks 15-year US OLED ban in Samsung dispute; Korean display stocks rally
South Korean display makers stand to gain from a possible 15-year US import ban on organic light-emitting diode (OLED) panels from China’s BOE...
Disney, Marvel, Star Wars stories to get Korean webtoon makeover
Webtoon Entertainment Inc. is bringing Iron Man, Spider-Man, Darth Vader and Beauty and the Beast to life in vertical web panels, reimagined in the ...
Samsung boosts HBM specialist hiring, scales back foundry recruitment
Samsung Electronics Co. is stepping up recruitment of seasoned high-bandwidth memory (HBM) specialists in a push to reclaim leadership in the semico...
LG CNS to build AI data center in Vietnam, accelerating Southeast Asia push
LG CNS Co. will build a hyperscale artificial intelligence data center for Vietnam’s state-run telecom giant Vietnam Posts and Telecommunicati...
LG expands appliance subscription service to Singapore
LG Electronics Inc. has introduced a subscription service in Singapore for home appliances ranging from water purifiers to air conditioners, refrige...
Celltrion gains ground as one of most-prescribed drug suppliers in Italy
Celltrion Inc., South Korea’s leading biosimilar maker, has been securing a string of orders from regional governments in Italy for autoimmune...
NCSOFT surges past Krafton on robust Q2; high hopes for Aion 2 game release in H2
NCSOFT Corp., a major South Korean game developer and publisher, has regained its lead over rival Krafton Inc. in the stock market after posting str...
YNCC avoids default with $220 mn lifeline from DL Chemical, Hanwha
Yeochun NCC Co. (YNCC), South Korea’s third-largest ethylene maker, has narrowly avoided default as its shareholders – DL Chemical Co. a...
K-beauty, K-food exports to US jolted as 15% tariffs go into effect
South Korea’s cosmetics and food exporters have been jolted by a significant drop in shipments to the US after Washington’s 15% tariffs ...
KT reports record operating profit on robust AI business in Q2
South Korea’s major mobile carrier KT Corp., which has picked artificial intelligence as its next growth engine, posted record-high quarterly ...
From ramen to skincare, Samyang beats Toyo Suisan in market cap; APR nears Shiseido
As Korean food and beauty products ride a wave of enduring global demand, Samyang Foods Co. has overtaken Japan’s Toyo Suisan Kaisha Ltd., the...
Korea’s YNCC at default risk due to owners’ conflict amid petrochemical slowdown
Yeochun NCC Co. (YNCC), South Korea’s major petrochemical producer, is facing a default risk as its owners disagree over capital injections am...
Aussie developer The Living Company targets Korean residential market
The Living Company, a leading Australian housing developer, on Thursday opened an office in Seoul to target South Korea’s residential market. ...
Posco Future M ships 1st cathodes made with domestic precursors to Ultium Cells
POSCO Future M Co., South Korea’s leading battery materials maker, has begun shipping cathode materials entirely produced with domestically so...
LG Chem sells dermal filler business to VIG Partners for $144 mn
South Korea’s leading chemical company LG Chem Ltd. has agreed to sell its dermal filler business to the country’s major buyout fund VIG...
Celltrion in talks to buy Eli Lilly plant in US for $504 million
Celltrion Inc., South Korea’s biosimilar-developing leader, is in talks with Eli Lilly and Company to buy the American multinational pharmaceu...
Mirae Asset Securities’ Q2 profit soars as global ETF business thrives
Mirae Asset Securities Co. on Thursday reported an 83.1% jump in second-quarter operating profit to 540 billion won ($390 million) from the year pri...
Musicow sells out 1st US music equity offering backed by Kelly Clarkson hit
Musicow Inc., a South Korean music copyright trading platform pioneer, has sold out its debut US music royalty-backed securities offering in less th...
