S.Korean IT companies partner with K-pop girl groups

South Korean game companies like Krafton Inc. and Nexon Korea Corp., and telecom firms such as SK Telecom Co., are collaborating with K-pop girl gro...

Foreign VIP customers boost Korean department stores' sales

Wei Liu, a 41-year-old Taiwanese businessman, snapped up 300 million won ($220,000) worth of luxury brand products at Hyundai Department Store&rsquo...

Korean LCCs take on flag carriers with long-haul routes

From June 11, Air Premia Inc. is slated to launch service to Oslo, Norway, the longest-haul route for a South Korean low-cost carrier (LCC). The LCC...

Nara Space selected as IPEF's top-100 climate startups

South Korea's micro-satellite startup Nara Space Technology Inc. announced on Friday that it was selected as one of the top-100 climate tech startup...

Affinity fails in Lock&Lock tender offer; eyes equity swap

Hong Kong-based Affinity Equity Partners is planning for an equity swap between its new entity and South Korean food container maker Lock&Lock...

South Korean steelmakers run plants only at night as demand plummets

South Korea’s major steelmakers are running their plants only at night to cut costs as demand for rebars, or reinforced bars, widely used in t...

CJ Logistics, Libiao Robotics partner to co-work for robotic system

South Korea's CJ Logistics said on Tuesday that it signed a memorandum of understanding (MOU) to establish a strategic partnership with global rob...

Sampyo Group enters automated robotic parking business

South Korea's SP&Mobility, a robotics unit of Sampyo Group, unveiled its MPSystem on Monday, an automated robotic parking system designed to rep...

SK Gas eyes commercial operations of LNG power plant in 2nd half

SK Gas Ltd., South Korea’s leading liquefied petroleum gas (LPG) supplier seeking to transform into a clean energy company, has moved a step c...

Korean Air expects US approval for Asiana merger by end-Oct: report

Korean Air Lines Co., South Korea’s No. 1 full-service carrier, expects to gain full approval from the US government by the end of October to ...

NPS to cut Korean stock allocation to 13% by 2029

South Korea’s National Pension Service (NPS), also the world’s third-largest pension fund, will gradually reduce the proportion of its l...

Korean catering firm Ourhome CEO to leave amid sibling feud

South Korea’s catering service provider Ourhome Ltd. Chief Executive and Vice Chairwoman Koo Ji-eun has failed in her attempt to serve another...

Nara Space attracts $14.5 mn series B investment

South Korea's micro-satellite startup Nara Space Technology Inc. announced on Friday that it attracted a 20 billion won ($14.5 million) series B inv...

Korean shopping mecca Dongdaemun Market's vacancy rates soar

Store vacancy rates in South Korea’s largest shopping mecca Dongdaemun Market have soared to as high as 86%, with Chinese e-commerce platfor...

Kakao Mobility, Archer to collaborate for K-UAM commercialization

South Korea's Kakao Mobility Corp. announced on Friday that it signed an agreement with Archer Aviation, the US-based urban air mobility (UAM) aircr...

Line Games to launch The Play of Genesis in Taiwan, Hong Kong

South Korea's Line Games Corp. announced on Friday that it signed a publishing agreement with Vietnam's tech giant VNG for the mobile game The Play ...

Samsung gets new tech certification for air purifier filter

Samsung Electronics Co.'s air purifier filter technology obtained the New Excellent Technology (NeT) certification from the Korea Agency for Technol...

KOTRA opens K-Tech Camp in Paris

The Korea Trade-Investment Promotion Agency (KOTRA) announced on Thursday that it established the Paris K-Tech Camp in Paris, France on May 23.KOTRA...

Nvidia beats Tesla to emerge as top foreign stock held by Koreans

Nvidia Corp., the global top artificial intelligence chip leader, overtook Tesla Inc., the world’s second-largest electric vehicle maker, to b...

LX Pantos to enter Indonesian resource logistics market

South Korea's LX Pantos said on Thursday that it signed a joint venture (JV) agreement with KSA, Indonesia's largest bulk carrier, to tap into the S...

Korean biotech Bertis to join BIO 2024 for global reach

South Korean biotech Bertis Inc. will deliver presentations at the BIO International Convention, one of the world’s largest bio and healthcare...

Korea’s HD Hyundai Electric wins $60 mn transformer deal in UK

South Korea’s electric equipment maker HD Hyundai Electric Co. said on Wednesday it has won a power transformer supply deal worth 47.1 million...

Mega Coffee to open first store in Mongolia

South Korea's low-price coffee chain, Mega MGC Coffee, announced on Tuesday that it will open its first overseas store in Mongolia on May 30. This...

Samsung to deepen foray in US HVAC market with Lennox

Samsung Electronics Co. will set up a heating, ventilation and air conditioning (HVAC) joint venture with Lennox International Inc., a major US HVAC...

L&F, CNGR to collaborate to respond to US IRA

L&F Co., South Korea’s major cathode supplier announced Tuesday that it signed a memorandum of understanding (MOU) with Chinese precu...

Webcash Global, BC Card Vietnam partner on B2B fintech

Webcash Global, an affiliate of South Korea's Webcash Co., announced on Tuesday that it has recently signed a business agreement with BC Card Vietna...

Qoo10 launches K-Avenue for S.Korean products

Southeast Asia-based e-commerce platform Qoo10 Pte. announced on Tuesday that it launched K-Avenue, a sales channel for Korean products, on the newl...

SK Hynix: More room for share price rise after bull run

SK Hynix Inc.'s market value broke through the roof to top 150 trillion won ($110 billion) on Monday, becoming the second stock in South Korea to re...

Samsung Bioepis leads in Soliris biosimilar market in Europe

STOCKHOLM – Samsung Bioepis Co.'s biosimilar to Soliris for the treatment of patients with rare, life-threatening disease paroxysmal nocturnal...

Kolon Global inks Korea’s 1st private wind power supply deal

Kolon Global Corp., the leading South Korean wind farm developer, signed the country’s first private wind power supply deal with local compani...