Gencurix joins US gov't Cancer Moonshot project

Gencurix joins US gov't Cancer Moonshot project

South Korean cancer molecular diagnostics company Gencurix Inc. announced on Monday that it joins US President Joe Biden's cancer-conquering project...

Hanmi Pharm to develop obesity drug customized for S.Korean

Hanmi Pharm to develop obesity drug customized for S.Korean

South Korea's Hanmi Pharmaceutical Co. plans to develop the GLP-1 class "Epeglenatide," which it received as a technology return from Sanofi S.A., i...

Battery recycling firms aim for 90% lithium recovery rates

Battery recycling firms aim for 90% lithium recovery rates

A growing number of South Korean companies – from battery materials makers to power facilities builders – are jumping into the waste bat...

Doosan secures $392 mn in cumulative PFC orders

Doosan secures $392 mn in cumulative PFC orders

South Korea's Doosan Corp. announced on Monday that it has accumulated 500 billion won ($392 million) in orders for its patterned flat cable (PFC), ...

Hyundai, Kia firm up ranking as world's 3rd; first-half profits improve

Hyundai, Kia firm up ranking as world's 3rd; first-half profits improve

South Korea’s top automaker Hyundai Motor Group solidified its position as the world’s third-largest carmaker with improved profit margi...

S.Korea's top four accounting firms to cut hiring 30%

S.Korea's top four accounting firms to cut hiring 30%

South Korea's top four accounting firms -- Samil PwC, Samjong KPMG, Deloitte Anjin and EY Hanyoung -- are expected to cut hiring this year more than...

Doosan Bobcat logs strong earnings on N.America price hikes

Doosan Bobcat logs strong earnings on N.America price hikes

Doosan Bobcat Inc., the construction and agricultural machine manufacturer of South Korea’s Doosan Group, enjoyed strong earnings on still-sol...

Volvo tops S.Koreans’ favorite foreign car survey list for service

Volvo tops S.Koreans’ favorite foreign car survey list for service

Sweden's Volvo offers the best after-sales service among imported automobile dealers in South Korea, while locals drivers are disappointed by the cu...

S.Korean tire producers rally on strong demand, low costs

S.Korean tire producers rally on strong demand, low costs

South Korean tire manufacturers enjoyed healthy earnings thanks to strong global demand for electric vehicles and new cars adding to expectations th...

Hyundai, Kia deploy CO2 emission monitor system for cooperative firms

Hyundai, Kia deploy CO2 emission monitor system for cooperative firms

South Korea's Hyundai Motor Co. and Kia Corp. revealed on Friday their AI-integrated, blockchain-enabled Supplier CO2 Emission Monitoring System (SC...

LG Energy lifts sales guidance; Samsung SDI sees firm growth

LG Energy lifts sales guidance; Samsung SDI sees firm growth

South Korean electric vehicle battery maker are offered upbeat market outlooks, gaining structural growth momentum through strong competitiveness wi...

HD Hyundai XiteSolution to surpport Ukraine's reconstruction

HD Hyundai XiteSolution to surpport Ukraine's reconstruction

HD Hyundai Co. announced on Thursday that Dmytro Ponomarenko, the Ukrainian Ambassador to South Korea, and his delegation visited the Pangyo HD Hyun...

Emart partners with KOTRA to help S.Korean SMEs export

Emart partners with KOTRA to help S.Korean SMEs export

South Korea’s largest hypermarket chain Emart Inc. is partnering with Korea Trade-Investment Promotion Agency (KOTRA) to expand its overseas f...

Samsung Elec shares regain momentum after narrower chip loss in Q2

Samsung Elec shares regain momentum after narrower chip loss in Q2

Samsung Electronics Co. reaffirmed the recovery in the global chip market in the latter half of this year after confirming a downward trend in memor...

GS E&C faces heavy loss in Q2 due to apartment reconstruction plan

GS E&C faces heavy loss in Q2 due to apartment reconstruction plan

GS Engineering & Construction Co., South Korea’s major construction firm, posted a quarterly operating loss in the April-June period for t...

Hyundai Steel extends profit streak in Q2 on brisk auto steel sales

Hyundai Steel extends profit streak in Q2 on brisk auto steel sales

Hyundai Steel Co., South Korea’s second-largest steelmaker, plans to ramp up automotive and eco-friendly steel production after posting an ope...

KEPCO KPS signs O&M extension agreement for Uruguay power plant

KEPCO KPS signs O&M extension agreement for Uruguay power plant

South Korea’s KEPCO KPS signed an extension agreement with the Uruguayan Electricity Authority (UTE) on Wednesday for the operation and mainte...

Hanwha Aerospace to develop fighter jet engine materials

Hanwha Aerospace to develop fighter jet engine materials

South Korea’s Hanwha Aerospace Co. is set to develop fighter jet engine materials able to resist flames of more than 1,500 degrees Celsius, wh...

S.Korea relies heavily on Samsung Elec for R&D spending: FKI

S.Korea relies heavily on Samsung Elec for R&D spending: FKI

South Korea’s corporate expenditures on research and development grew 1.7 times from 2013 to 2021, much slower than such spending by the US an...

First S.Korean elected chairman of global shipbuilding committee

First S.Korean elected chairman of global shipbuilding committee

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Tuesday that their technical advisor, Shin Jong Gye, has been elected as the...

BTS member Jungkook’s solo single ‘Seven’ tops Billboard Hot 100

BTS member Jungkook’s solo single ‘Seven’ tops Billboard Hot 100

BTS member Jungkook's first solo single, "Seven," has debuted at No. 1 on the US Billboard Hot 100 songs chart.This is only the second time in K-pop...

Fabless FADU taps institutional demand to raise about $151 mn

Fabless FADU taps institutional demand to raise about $151 mn

FADU Technology, the first unicorn in South Korea’s semiconductor sector, has embarked on a process to raise up to 193.8 billion won ($151 mil...

LG Labs opens door to unconventional idea seekers

LG Labs opens door to unconventional idea seekers

South Korea’s home appliance giant LG Electronics Inc. has launched LG Labs, a playground for those wanting to test unconventional ideas that ...

Hyundai E&C beats Q2 profit estimates on strong foreign deals

Hyundai E&C beats Q2 profit estimates on strong foreign deals

Hyundai Engineering & Construction Co., South Korea’s leading builder, reported better-than-expected profit in the second quarter thanks t...

Musinsa opens showroom in Tokyo for S.Korean designers’ brands

Musinsa opens showroom in Tokyo for S.Korean designers’ brands

South Korea's online fashion platform Musinsa opened a showroom in Tokyo on Thursday targeting fashion buyers, as it aims to introduce domestic desi...

Korean convenience stores threaten Japanese rivals’ empire

Korean convenience stores threaten Japanese rivals’ empire

South Korea’s convenience store chains aim to seize the throne from Japanese rivals in Asia by utilizing K-pop and food as they look for new g...

Heerim wins additional contract for Phnom Penh New Airport

Heerim wins additional contract for Phnom Penh New Airport

South Korea’s Heerim Architects & Planners announced on Friday that it has been awarded a project management consultant (PMC) contract wor...

Foreign carmakers hit by EV sales drop in S.Korea

Foreign carmakers hit by EV sales drop in S.Korea

Foreign carmakers such as Mercedes-Benz and Tesla Inc. suffered a sales drop in South Korea in the first half of the year, as overall car sales jump...

Occupancy rate of S.Korean LCCs for int’l flights hits 87%

Occupancy rate of S.Korean LCCs for int’l flights hits 87%

The average occupancy rate (AOR) on international flights of South Korea’s low-cost carriers (LCCs) has exceeded 80%, fully recovering to its ...

BTS’ Beyond the Story tops NYT bestseller list

BTS’ Beyond the Story tops NYT bestseller list

BTS' first official book "Beyond the Story: 10-Year Record of BTS", published in celebration of 10th Anniversary, topped the New York Times bestse...

Deal graveyard: S.Korean F&B franchises left without takers LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries KPop Demon Hunters OST lands at No.6 on Billboard Hot 100 K-beauty craze sends Olive Young online sales to new heights Hyundai Motor’s high-stakes gambit in US: Cut vehicle prices as rivals hike