S.Korean stocks log largest daily loss since pandemic

S.Korean stocks log largest daily loss since pandemic

The South Korean stock market dropped more than 3% on Friday to breach the psychologically important barrier of 2,700 in almost two months, after we...

Korean cosmetics, Amazon Prime Day’s top beauty products

Korean cosmetics, Amazon Prime Day’s top beauty products

South Korean cosmetics were top picks among beauty products of Amazon Prime members during the global leading e-commerce platform’s largest an...

Hyundai E&C unveils new Hillstate brand video

Hyundai E&C unveils new Hillstate brand video

South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) announced on Friday the release of a new Hillstate brand film titled "Wha...

Samsung invests in US AI security startup Protect AI

Samsung invests in US AI security startup Protect AI

Samsung Venture Investment Corp., Samsung Electronics Co.'s venture capital firm, has invested in Protect AI Inc., a US startup offering a security ...

S.Korea, China's technology leak, anti-dumping disputes surge

S.Korea, China's technology leak, anti-dumping disputes surge

South Korean companies are getting tough on anti-dumping and patent infringement cases as they feel threatened by the intensifying price competition...

LG Display to sell its last LCD plant to CSOT for $1.5 bn

LG Display to sell its last LCD plant to CSOT for $1.5 bn

South Korea’s LG Display Co. plans to sell its liquid crystal display (LCD) panel plant in Guangzhou, China, to TCL China Star Optoelectronics...

BalanceHero sees record high H1 sales in India

BalanceHero sees record high H1 sales in India

BalanceHero, a South Korean fintech startup that entered the Indian market, announced on Friday that its sales and loan execution amounts for the fi...

SK On logs record quarterly loss on sluggish EV market

SK On logs record quarterly loss on sluggish EV market

SK On Co., the world’s fifth-largest battery maker, on Thursday reported a record quarterly loss on the prolonged weakness in the electric veh...

Lotte Rental establishes UAE subsidiary

Lotte Rental establishes UAE subsidiary

South Korea's Lotte Rental Co. said on Thursday that it established an overseas subsidiary in Dubai, United Arab Emirates (UAE), to boost the expo...

MezzoMedia acquires digital ad agency DBASE&

MezzoMedia acquires digital ad agency DBASE&

MezzoMedia, a digital marketing solutions company under South Korea's entertainment company CJ ENM Co., announced on Thursday that it acquired the d...

SoftBank-backed Tridge in trouble amid Korean startup doom

SoftBank-backed Tridge in trouble amid Korean startup doom

Tridge Co., South Korea’s first agricultural product and food trading platform operator invested in by SoftBank Group Corp., is in financial t...

Central Asia emerging as South Korea’s new used car export market

Central Asia emerging as South Korea’s new used car export market

South Korea’s export volume of secondhand vehicles to Central Asia is increasing for an unexpected reason: Russia.According to the Korea Inter...

Korean commercial real estate market to show slow recovery in H2

Korean commercial real estate market to show slow recovery in H2

South Korea’s commercial real estate market will post a slow recovery in the second half of this year due to rate cut delays and no big correc...

EcoPro BM may cut battery materials capacity on EV slowdown

EcoPro BM may cut battery materials capacity on EV slowdown

South Korea’s leading battery materials maker EcoPro BM Co. is considering reducing cathode output capacity despite continuous investments in ...

Shinsegae Factory Store to enter Laos in 2025

Shinsegae Factory Store to enter Laos in 2025

South Korea's Shinsegae Department Store announced on Wednesday that its off-price retail chain, Shinsegae Factory Store, will expand its global foo...

Toss Securities to establish New York subsidiary

Toss Securities to establish New York subsidiary

South Korea's Toss Securities will establish a subsidiary in New York, the US to to expand its overseas business. The company announced on Tues...

Kyochon Chicken opens first store in Vancouver

Kyochon Chicken opens first store in Vancouver

South Korea's fried chicken chain Kyochon F&B announced on Tuesday that it opened its first store in Vancouver, Canada.Kyochon F&B opened Ky...

KOSME, CJ Olive Young support K-beauty SMEs to enter US

KOSME, CJ Olive Young support K-beauty SMEs to enter US

Korea SMEs and Startups Agency (KOSME) announced on Tuesday that it held online and offline marketing and buyer meetings in partnership with CJ Oliv...

SK Telecom's X Caliber to enter SE Asian pet market

SK Telecom's X Caliber to enter SE Asian pet market

South Korea's SK Telecom Co. announced on Tuesday that it signed a contract to supply X Caliber, an AI-based pet diagnosis assistance solution, to t...

Korean treasury yields fall to lowest level in over 2 years

Korean treasury yields fall to lowest level in over 2 years

South Korea’s treasury bond yields fell to their lowest points in more than two years, slipping below the 3% level for the first time since Ap...

SM Entertainment, S.Korean startup Jienem to build K-Pop hotel

SM Entertainment, S.Korean startup Jienem to build K-Pop hotel

South Korea's residence operator startup Jienem announced on Monday that it signed a memorandum of understanding (MOU) with Kreation Music Rights (K...

Samsung, LG bet big on gaming monitors on esports boom

Samsung, LG bet big on gaming monitors on esports boom

South Korea’s electronics giants Samsung Electronics Co. and LG Electronics Inc. are gearing up for a fierce battle in the gaming monitor mark...

Hyundai Motor chief Chung's unwavering support for Korean archery team

Hyundai Motor chief Chung's unwavering support for Korean archery team

Hyundai Motor Group Chairman Chung Euisun’s love for archery is well-known in South Korea. The executive chairman of Hyundai Motor Co. and Ki...

Hyundai gives advanced air mobility demo in Indonesia

Hyundai gives advanced air mobility demo in Indonesia

Hyundai Motor Group on Monday unveiled its advanced air mobility (AAM) technology and demonstrated an AAM prototype aircraft, or a flying car, in In...

SGC E&C secures $92 mn chemical plant project in Malaysia

SGC E&C secures $92 mn chemical plant project in Malaysia

South Korea's SGC eTEC E&C Co. announced on Monday that it secured an additional chemical plant construction project in Malaysia worth 127.3 bil...

S-Oil halts fire-hit paraxylene plant, faces revenue loss

S-Oil halts fire-hit paraxylene plant, faces revenue loss

ULSAN, South Korea -- It looks inevitable that S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., will take a substantial revenue hit from...

F&F to expand Discovery brand across Asia

F&F to expand Discovery brand across Asia

F&F Co., a South Korean clothing company, said on Monday it signed an exclusive deal with Warner Bros. Discovery (WBD) to bring the outdoor bran...

Colosseum poised for next leap with global expansion drive

Colosseum poised for next leap with global expansion drive

Colosseum Corporation Inc., a fulfillment startup based in South Korea, has set its sights on global conquest with its nationwide and international ...

Korean soju makers likely to log strong quarterly profit

Korean soju makers likely to log strong quarterly profit

HiteJinro Co., South Korea’s leading soju maker, will likely post its best-ever quarterly profit in the second quarter as the clear distilled ...

Hyundai Mobis lighting system wins triple crown of design awards

Hyundai Mobis lighting system wins triple crown of design awards

South Korea's auto parts maker Hyundai Mobis announced on Sunday that its Active Aero Lighting System (AALS) has received awards at the world's thre...

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 Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race