Doosan Enerbility defies doubters about homegrown gas turbines
Doosan Enerbility Co., a leading power plant engineering company in South Korea, has defied doubters about its gas turbines, the first produced at h...
LG releases sea lion-themed animal conservation video in Times Square
LG Electronics Inc. announced on Tuesday that it has unveiled a sea lion-themed video for its “The LG Endangered Species Series” campaig...
Samsung Display to build $1.8 billion OLED plant in Vietnam
Samsung Display Co., a leading South Korean display maker, will build a $1.8 billion organic light-emitting diode (OLED) line in Vietnam for small- ...
Samsung clinches 1st supply deal with Vodafone Idea
Samsung Electronics Co. is set to supply $720 million worth of mobile network equipment to Vodafone Idea Ltd. in a contract that marks its first sup...
Naver to set up Middle Eastern headquarters in Saudi Arabia
Naver Corp., which has been actively seeking to unlock opportunities in the Middle East with its new growth engines artificial intelligence, cloud a...
LG Chem to provide cathode materials to Japan's PPES
South Korea's LG Chem Ltd. said on Sunday it will begin supplying cathode materials to Prime Planet Energy & Solutions (PPES), a battery joint v...
HD Hyundai to supply shaft generator for Middle Eastern firm
South Korea's HD Hyundai Marine Solution Co. secured a $37 million contract to supply shaft generator systems for 17 liquefied natural gas (LNG) car...
Analysts rebut Morgan Stanley’s chip winter view; oversupply unlikely
Morgan Stanley’s recent view that the global chip industry faces an imminent winter and companies like SK Hynix Inc. will suffer is exaggerate...
Korean banks post significant H1 profit drop at overseas operations
South Korea’s top four banks saw a significant drop in their overseas earnings in the first half as they focused more on domestic businesses s...
Hyundai Steel set to supply iron powder to Korean LFP cathode makers
Hyundai Steel Co., a unit of South Korean automotive group Hyundai Motor Co., is set to enter the battery materials business by supplying iron powde...
Hanwha unveils carbon-free gas carrier amid tougher rules
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has introduced a carbon-free gas carrier to meet the growing demand for eco-friendl...
Hyundai Motor Group becomes KT's largest shareholder
Hyundai Motor Group has officially become the largest shareholder of South Korea's major telecommunications company KT Corp., following a public int...
S.Koreans log most hours on YouTube worldwide
YouTube was the most popular app among South Korean smartphone users, a study found, logging the most hours on the video streaming platform worldwid...
South Korean investors bet big on ETFs tracking Indian equities
India has emerged as a new darling for South Korean investors actively searching for an alternative to China reeling from multiple economic setbacks...
SK Enmove gets gold rating of EcoVadis ESG evaluation
South Korea’s lube oil maker SK Enmove Co., Korea’s top oil refiner SK Innovation Co.'s subsidiary, said on Thursday it received a Gold ...
Korean ramen makers set sights beyond US to Latin America
Nongshim Co. and Samyang Foods Co., South Korea’s two largest ramen makers, are ramping up production to create and meet demand for their spic...
India offers Korean firms detailed guidance for forays into India
India’s finance ministry, central bank and stock market operator outlined the country’s regulatory and investment environment for South ...
LX Pantos founder’s son sells shares to LX International for $37 mn
The only son of LX Pantos Co.’s late founder has unloaded his additional shares in the company to South Korean logistics-to-trading conglomera...
Mobility firms, banks replace battery, K-culture stocks in KEDI 30 Index
Mobility, financial services and biotech companies have elbowed out battery and entertainment stocks in the KEDI Innovator ESG 30 Index in an annual...
Pulmuone to boost K-food boom in China with gimbap
Leading South Korean food company Pulmuone Corp. is poised to crank up the K-food craze in China, the world’s second most populous country, wi...
Korea's Woori Bank adds two more branches in India
South Korea’s Woori Bank announced on Thursday that It has opened additional branches in Pune and Ahmedabad, India.These are the bank's fourth...
LG CNS establishes joint venture with Sinarmas in Indonesia
South Korea's LG CNS Co. said on Thursday that it established a joint venture LG Sinarmas Technology Solutions in Indonesia with Sinarmas Group in J...
Shinhan SOL Travel Cards' cumulative issuance reaches 1.2 mn
South Korea's Shinhan Card said on Wednesday that the cumulative issuance of its travel-specialized card, the Shinhan SOL Travel Card (available in ...
CJ Logistics joins hands with Affinity for third-party logistics
CJ Logistics announced on Wednesday that it has signed a strategic memorandum of understanding (MOU) with Affinity Equity Partners.Affinity is a glo...
Shinsegae Duty Free opens premium store at Incheon Airport
South Korea's Shinsegae Duty Free launched a premium store at Incheon International Airport, aiming to counter the decline in downtown duty-free sal...
Hanwha Aerospace, SK Enmove develop fireproof ESS
South Korean companies have joined forces to develop the world’s first fireproof energy storage system (ESS) powered by liquid immersion cooli...
Kia ranks first in customer satisfaction in India
Kia Corp. said on Tuesday that it ranked first in the mass-market brand category in the customer experience index survey recently released by India'...
Samsung SDI relinquishes polarizer film unit for $834 mn
Samsung SDI Co., the South Korean battery maker with the world’s sixth-largest market share, has decided to sell its polarizer film business t...
APR enters UK cosmetics market
South Korea's cosmetic and clothing company APR said on Monday that it entered PureSeoul, a UK-based distributor specializing in K-beauty.PureSeoul ...
Lotte to restructure bio business to focus on CDMO
South Korea’s retail-to-chemical conglomerate Lotte Group will restructure its bio business to focus on the profit-making medicine bio develop...
