Hyundai Motor Group becomes KT's largest shareholder

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

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...

Taihan Cable enters HVDC market in US

Taihan Cable enters HVDC market in US

South Korea's Taihan Cable & Solution Co. said on Thursday that it was selected as the cable supplier for a 320kV voltage-type high-voltage dire...

SK Hynix shares nosedive after Morgan Stanley downgrade

SK Hynix shares nosedive after Morgan Stanley downgrade

The share price of SK Hynix Inc. plummeted as much as 11% at one point on Thursday after Morgan Stanley sharply cut its target price in an about-tur...

South Korean investors bet big on ETFs tracking Indian equities

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

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

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 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

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 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...

Samsung mass-produces QLC V9 NAND to lead AI storage market

Samsung mass-produces QLC V9 NAND to lead AI storage market

Samsung Electronics Co., the world’s largest memory chipmaker, said on Thursday it has begun mass production of a 286-layer high-capacity NAND...

OpenResearch gets $7.5 mn seed round

OpenResearch gets $7.5 mn seed round

OpenResearch, an AI search service founded by former Kakao Brain CEO Kim Il-Doo, said on Thursday that it got a seed round 10 billion won ($7.5 mill...

Pulmuone to boost K-food boom in China with gimbap

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

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

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...

AB InBev's Oriental Brewery buys Jeju Soju from Shinsegae

AB InBev's Oriental Brewery buys Jeju Soju from Shinsegae

Oriental Brewery Co. (OB), a unit of the world’s largest beer company AB InBev, agreed on Wednesday to purchase Jeju Soju from Shinsegae L&...

Shinhan SOL Travel Cards' cumulative issuance reaches 1.2 mn

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 ...

HD Hyundai affiliates participate in Mining Indonesia 2024

HD Hyundai affiliates participate in Mining Indonesia 2024

South Korea's HD Hyundai Construction Equipment Co. and HD Hyundai Infracore Co. announced on Wednesday that they participated in Mining Indonesia 2...

CJ Logistics joins hands with Affinity for third-party logistics

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

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

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 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 expands AI horizon with B2B-specific SmartThings Pro

Samsung expands AI horizon with B2B-specific SmartThings Pro

BERLIN – South Korean tech giant Samsung Electronics Co. is entering the AI-powered business-to-business connectivity platform market with its...

Samsung SDI relinquishes polarizer film unit for $834 mn

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

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 ...

Celltrion chairman announces venture into CDMO market

Celltrion chairman announces venture into CDMO market

South Korea’s biosimilar maker Celltrion Inc. will venture into the contract development and manufacturing organization (CDMO) market, the com...

Lotte to restructure bio business to focus on CDMO

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...

LG Electronics to boost mass market presence vs Chinese peers

LG Electronics to boost mass market presence vs Chinese peers

BERLIN – LG Electronics Inc., the world's largest home appliances maker, will adjust its premium-oriented strategy to expand its mass market p...

SK Ecoplant sells off stake in Ascend Elements for $98 million

SK Ecoplant sells off stake in Ascend Elements for $98 million

SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, has unloaded all its holdings in US-based lith...

Hanwha Systems, WB Group to collaborate on SAR satellites

Hanwha Systems, WB Group to collaborate on SAR satellites

South Korea's Hanwha Systems Co. said on Monday that it signed a mid- to long-term business cooperation memorandum of understanding (MOU) for space ...

HYBE Chair Bang referred to prosecutors over alleged unfair trading Vietnam’s top leader to make first South Korea visit in 11 years Test case looms for Korea’s revised Commercial Act as VIP Asset challenges Lotte Rental’s rights issue to Affinity HYBE sparks summer vibes with BTS live album, TXT comeback, new boy band launch K-beauty contract manufacturers see record Q2 profits; rally likely to continue