Doosan Robotics attracts $24.8 billion from retail investors in IPO deposits

Doosan Robotics attracts $24.8 billion from retail investors in IPO deposits

Doosan Robotics Inc., a unit of South Korea’s Doosan Group, has attracted billions of dollars from retail investors in subscription deposits f...

S.Korean startups, VC seek money, business opportunities in Japan

S.Korean startups, VC seek money, business opportunities in Japan

South Korean startups and venture capitalists battered by chilled investor sentiment amid rising interest rates and slowing economic growth at home ...

Prestige Biologics partners with Indian company for CDMO

Prestige Biologics partners with Indian company for CDMO

Prestige Biologics Co., a South Korean biopharmaceutical contract development and manufacturing organization (CDMO) company, is expanding its CDMO b...

Taihan Cable bags $60 mn high-voltage power grid deal in Bahrain

Taihan Cable bags $60 mn high-voltage power grid deal in Bahrain

Taihan Cable & Solution Co., a South Korean major cable manufacturer, has won its first-ever order in Bahrain, worth about $60 million, to build...

LS ITC, KEPCO to team up for energy efficiency projects

LS ITC, KEPCO to team up for energy efficiency projects

LS ITC, an IT service unit of LS Group, announced on Friday the signing of a pivotal business agreement with Korea Electric Power Corp. (KEPCO).This...

KT provides digital document storage for Shinhan Bank

KT provides digital document storage for Shinhan Bank

South Korea's KT Corp announced on Friday the launch of a new digital document storage service at Shinhan Bank, linking with a public electronic doc...

KT, BI Matrix to develop natural language processing AI

KT, BI Matrix to develop natural language processing AI

South Korea's KT Corp. is partnering with the intelligent solutions specialist company BI Matrix to develop technology that uses artificial intell...

Samsung Welstory to develop corporate healthcare menu

Samsung Welstory to develop corporate healthcare menu

South Korean food and beverage (F&B) company Samsung Welstory has teamed up with Kangbuk Samsung Hospital to develop business-to-business (B2B) ...

SK Ecoplant to supply AI-based incinerator tech to Malaysia

SK Ecoplant to supply AI-based incinerator tech to Malaysia

South Korea's energy, construction and engineering corporation SK Ecoplant on Friday said it signed a contract with Cenviro, Malaysia's largest publ...

Cultivated meat, carbon capture on center stage at D.Day

Cultivated meat, carbon capture on center stage at D.Day

Simple Planet, a South Korean biotech startup developing sustainable food technologies, has won this month’s startup pitch day held jointly by...

Ex-CEOs return to firms in Korea for operational stability

Ex-CEOs return to firms in Korea for operational stability

Former chief executives of South Korean firms are being recruited by their previous employers as the companies need the seasoned experience of these...

Korean financial markets tumble as Fed signals higher rates

Korean financial markets tumble as Fed signals higher rates

South Korean stocks, bonds and its currency tumbled on Thursday as the US Federal Reserve gave indications of another interest rate hike this year a...

Shinyoung Asset, Baillie Gifford launch global growth stock fund

Shinyoung Asset, Baillie Gifford launch global growth stock fund

Shinyoung Asset Management Co. has joined hands with Baillie Gifford & Co., a UK investment management firm, to launch a long-term growth stock ...

Unid expands potassium hydroxide plant in Ulsan

Unid expands potassium hydroxide plant in Ulsan

OCI Group-affiliated chemical company Unid announced on Thursday that it has completed the expansion of its Ulsan plant after investing 11 billion w...

B2B, home appliance giant LG's new money spinner

B2B, home appliance giant LG's new money spinner

A sense of crisis gripped South Korean home appliance giant LG Electronics Inc. two years ago when consumers tightened their purse strings on growin...

Upstage to create interactive chatbot for virtual idols

Upstage to create interactive chatbot for virtual idols

South Korea’s artificial intelligence (AI) startup Upstage announced on Thursday that it has signed a memorandum of understanding (MOU) with M...

Lotte Mall West Lake Hanoi: Litte Korea transplanted in Vietnam

Lotte Mall West Lake Hanoi: Litte Korea transplanted in Vietnam

HANOI – On a late summer day in Vo Chi Cong, Tay Ho district, a colossal commercial complex was packed with people wanting to savor all things...

Samsung SDI gets top int'l grade for zero-waste landfills

Samsung SDI gets top int'l grade for zero-waste landfills

South Korea’s Samsung SDI Co. on Wednesday said all of its domestic business sites received the highest grade of Platinum in the Zero Waste to...

Naver’s 'Cue:' throws down the gauntlet to MS Bing Chat

Naver’s 'Cue:' throws down the gauntlet to MS Bing Chat

Naver Corp., South Korea’s dominant web portal operator, on Wednesday launched a beta service of its new generative artificial intelligence te...

Woori, HMM, KOBC to buy bulk carrier operator Polaris

Woori, HMM, KOBC to buy bulk carrier operator Polaris

South Korean bulk carrier operator Polaris Shipping Co. is poised to sell its entire stake at around 600 billion won ($447.5 million) to Woori Priva...

LG CNS, IGIS to collaborate in new biz for digital transformation

LG CNS, IGIS to collaborate in new biz for digital transformation

South Korea's information and communications technology service provider LG CNS on Wednesday said it will cooperate with the Seoul-based IGIS Asset ...

Samsung tops US customer satisfaction in PC sector

Samsung tops US customer satisfaction in PC sector

Samsung Electronics Co. has been rated as the most satisfactory PC brand among US consumers, according to a survey by the American Customer Satisfac...

Hyundai Engineering develops cutting-edge sewage treatment tech

Hyundai Engineering develops cutting-edge sewage treatment tech

South Korea's Hyundai Engineering Co., an engineering solutions provider for plants, architecture, infrastructure and asset management, on Wednesday...

Lotte Global Logistics, CoEvolution to develop automatic solutions

Lotte Global Logistics, CoEvolution to develop automatic solutions

South Korea's Lotte Global Logistics announced on Wednesday that it has signed a memorandum of understanding (MOU) for a strategic partnership with ...

KEPCO's new CEO heralds electricity rate hikes, drastic reforms

KEPCO's new CEO heralds electricity rate hikes, drastic reforms

South Korea’s near-monopoly power company Korea Electric Power Corp. (KEPCO) is expected to raise electricity rates and lessen its outsized re...

Pharmgen Science exports neomcell products directly to Vietnam

Pharmgen Science exports neomcell products directly to Vietnam

South Korea's Pharmgen Science announced on Wednesday that it has initiated shipments for its healthcare brand "neomcell" for the first direct expor...

Shinsegae axes E-Mart, department store CEOs amid weak sales

Shinsegae axes E-Mart, department store CEOs amid weak sales

South Korea’s retail giant Shinsegae Inc. on Wednesday carried out one of its most drastic executive reshuffles, replacing chief executives of...

S.Korea's Cosmax wins halal award in Indonesia

S.Korea's Cosmax wins halal award in Indonesia

Cosmax Inc., a South Korean original development manufacturer (ODM) of global cosmetics that also does research and development in the field, has wo...

Kakao Pay’s tie-up with Alipay spurs growth in China

Kakao Pay’s tie-up with Alipay spurs growth in China

BEIJING – Kakao Pay Corp., the mobile payment service unit of South Korean tech giant Kakao Corp., is rapidly growing in China’s fintech...

Daesang opens Jongga kimchi pop-up store in London

Daesang opens Jongga kimchi pop-up store in London

South Korean food maker Daesang Corp. has launched a pop-up store for its kimchi brand called Jongga in London, UK, the company announced on Wednesd...

Mercedes opens world’s 1st Maybach flagship center in Seoul Blackpink's new single 'Jump' tops Spotify daily chart K-content goes culture: KPop Demon Hunters sparks K-goods craze POSCO supplies HIC-resistant steel for Aramco’s Fadhili gas plant Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead