Kia holds exhibition reflecting on 80-year-history
Kia Corp., South Korea’s second-largest automaker, said on Thursday it opened a heritage exhibition "From Moments to Movement," showcasing its...
First Korean American US Senator vows to cement Seoul-Washington ties
NEW YORK – Democratic US Representative Andy Kim, the first Korean American elected to the US Senate, has pledged to strengthen the relationsh...
Korean chipmakers, battery makers face new risks with Trump’s comeback
With Donald Trump reelected as the next US president, South Korea’s major chipmakers, automakers and battery makers are on high alert as durin...
GS Group, Notion to team up on AI capabilities
South Korea's GS Group signed a memorandum of understanding (MOU) with Notion, the US-based popular collaboration software company to enhance its ...
Global sportswear brands race to ride on Korea’s running craze
Global sportswear makers have stepped up competition in South Korea to take advantage of the country’s growing running craze with major brands...
KB Financial first in Korean banking to achieve ISO human capital standard
South Korea’s KB Financial Group said on Tuesday that it had obtained ISO 30414 certification, becoming the first in the domestic financial se...
Loss-making Pizza Hut Korea files for rehabilitation
Money-losing Pizza Hut Korea Ltd., the Korean master franchisee of the giant US pizza franchisor, has filed for corporate rehabilitation in Seoul in...
Korean choreography copyrights to be protected by Naver Z deal
South Korean dance choreography copyrights will be protected through an agreement between Naver Z Corp., the operator of Asia’s largest metave...
Jay-Z’s Roc Nation to invest $5 mn in S.Korea’s Musicow
US entertainment tycoon Jay-Z’s Roc Nation is expected to invest about $5 million in Musicow Inc., South Korea’s music copyright trading...
SPC shares Korean bakery know-how with Mongolian biz leaders
South Korea's SPC Group said on Monday that Mongolian government officials and local business leaders visited Passion5 in Hannam-dong, Seoul, last F...
In South Korea, cash is king on US election, Samsung uncertainties
South Korean investors are hoarding cash as Samsung Electronics Co., the world’s top memory chipmaker, hurts local stocks and uncertainties ov...
Hyundai, Kia gets triple A credit rating from S.Korean agencies
Hyundai Motor Co. and Kia Corp. said on Monday they received AAA ratings, with Stable outlooks for both companies, from Korea Ratings Corp., Nice In...
L&F to supply ultra-high nickel cathodes to Korean, US EV makers
South Korea’s leading battery materials maker L&F Co. plans to begin mass production of nickel-cobalt-manganese (NCM) battery cathodes wit...
Perigee, Quantum Aero to cooperate on military UAV
South Korea's small space launch vehicle startup Perigee Aerospace Inc. said on Friday it signed a memorandum of understanding (MOU) with Quantum Ae...
S.Korea aims to export $1 bn Gim by 2027
South Korean Ministry of Oceans and Fisheries plans to enhance the global competitiveness of Korea's seaweed industry by establishing "Gim” ...
Korean food appliance makers witness K-food fever in Europe
VIENNA – South Korea's small cooking appliance and beauty product makers gained certitude of their product quality and were convinced of...
Self-driving tech startup RideFlux raises $1.9 mn in Series B
RideFlux Inc., a South Korean autonomous driving technology startup, raised 26 billion won ($1.9 million) in a Series B funding round about four mon...
Czech anti-trust body puts signing of nuclear power deal on hold
The Czech anti-trust body put a temporary block on the conclusion of a contract with Korea Hydro & Nuclear Power Co. (KHNP) for the construction...
PEN Ventures: A skilled startup accelerator for entrepreneurs going global
For startup accelerators that nurture promising young entrepreneurs, identifying a soon-to-be-unicorn, or a company valued at over $1 billion, in ...
Cuckoo eyes $172 mn IPO of Malaysian unit in Kuala Lumpur: Bloomberg
South Korea’s leading rice cooker and small appliance maker Cuckoo Holdings Co. is said to be seeking to list its Malaysian unit in the Southe...
South Korea’s Viva Republica drops Korean IPO plan, seeks US debut
Viva Republica Inc., a leading South Korean fintech unicorn and operator of mobile financial super app Toss, has dropped its plan to go public in th...
DS Dansuk wins $750 mn SAF material order from Phillips 66
South Korea's DS Dansuk Co., which operates bioenergy, battery, and plastic recycling businesses, said on Monday it signed a 1 trillion won ($750 mi...
Korea's Hana Bank to promote foreigners as managers in overseas units
South Korean banks are set to reshuffle overseas units by promoting local staff to management positions, in a bid to boost the sluggish profitabilit...
Korean LPs tighten due diligence on general partners
In the wake of COVID-19, South Korean pension funds and insurance companies have placed a greater focus on asset managers' capabilities for post-inv...
Mirae Asset's IRP deposits surpasses $7.2 bn in 2024
South Korea's Mirae Asset Securities Co. said on Friday it became the first in the industry to surpass 10 trillion won ($7.2 billion) in individual ...
MBK Partners named as Time World's Best Companies
South Korea's private equity firm MBK Partners Ltd. said on Friday it was selected in the "2024 World’s Best Companies" list by international ...
Cosmax, Fudan Univ. to team up for microbiome research
Cosmax Inc., South Korea's largest cosmetics original development and design manufacturer (ODM), said on Friday it signed a memorandum of understand...
Samsung Bioepis eyes record sales in 2024 after stellar Q3
Samsung Bioepis Co., Samsung Biologics Co.'s fully owned biosimilar subsidiary, is expected to post its best-ever annual revenue this year after sal...
SK Bioscience's SKYCellflu approved in Indonesia
SK Bioscience Co., a bio and pharmaceutical affiliate of South Korea's SK Group, said on Wednesday that The Indonesian Food and Drug Authority BPOM ...
Instagram poised to crack Korean webcomics market
Big tech has begun its encroachment on the South Korean webcomics market, largely dominated by local players over the past two decades, fanning fear...
