Hyundai AutoEver SW platform gets A-SPICE level 3 certification

South Korea's Hyundai AutoEver Corp. said on Tuesday that its Mobilgene Classic 2.0 software platform has become the first in South Korea to receive...

S.Korean AI content platform Zeta surpasses 1 mn users

South Korean generative artificial intelligence (AI) startup Scatter Lab said on Monday its interactive AI content platform Zeta has surpassed 1 mil...

Korean brokerages flock to debt market with securities bonds on bull run

South Korea’s leading brokerage houses are flocking to the debt market as bonds issued by securities companies are in growing demand, industry...

Samsung SDS, Ansys Korea to collaborate on cloud solutions

South Korea's Samsung SDS Co. said on Tuesday it signed a memorandum of understanding (MOU) with Ansys Korea to strengthen its cloud business.Ansys ...

Bain Capital puts beauty device maker Classys on market

Bain Capital has embarked on the process to sell a majority stake in Classys Inc., a South Korean medical aesthetic device maker. The deal is estima...

POSCO International eyes M&A in US natural gas market

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is considering ac...

Samsung C&T consortium wins $1.6 bn Turkish highway project

A consortium of Samsung C&T Corp., South Korean state-run firms and a Turkish builder won a $1.6 billion project to build and run a highway in t...

LG Elec builds EV chargers safety net for fire prevention

LG Electronics Inc. equipped its slow electric vehicle (EV) chargers with dual overcharge prevention technology to alleviate customer concerns and a...

Korea Investment Management to list Global AI-based ASIC ETF

Korea Investment Management Co. said on Monday it will list the ACE Global AI ASIC exchange-traded fund (ETF) on October 22. The ETF will focus on ...

KB Kookmin Bank opens branches in Chennai, Pune

South Korea's KB Kookmin Bank opens branches in Chennai and Pune, major economic hubs in India on October 21. The bank, which established its Gurug...

Australia, Asia real estate whet Korean pension funds' appetite

South Korean pension funds and insurance companies are raising their bets on real estate as they diversify their US and Europe-focused portfolios in...

Celltrion to establish CDMO subsidiary

Celltrion Inc., South Korea’s largest biosimilar maker, said on Friday it plans to establish a contract development and manufacturing organiza...

Online lender K Bank withdraws plan for Kospi listing

K Bank, a South Korean online bank, has postponed its initial public offering (IPO) plan to list on the main bourse Kospi later this month.The digit...

POSCO International wins top award at 2024 Korea IR Awards

South Korea's POSCO International Corp. won the top prize at the 2024 Korea IR Awards, organized by the Korea Investor Relations Service (KIRS), the...

SK Ecoplant establishes integrated chip service division

SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, said on Thursday it reorganized its business s...

Twenty-something female away team fans lead Korean baseball craze

South Korea’s professional baseball league games enjoyed record-high attendance of more than 10 million this year thanks to the growing number...

LG Chem targets functional cosmetics market with bio-materials

LG Chem Ltd., the world’s fourth-largest chemicals manufacturer, is targeting the functional cosmetics market with bio-materials derived from ...

Jimmy John’s to open its first store in Seoul in October

U.S. sandwich franchise Jimmy John's will open a store in Gangnam, Seoul, in October, the company announced on Thursday.This will be Jimmy John's fi...

Private debt remains attractive; NPLs rekindle interest

Private debt remains attractive for South Korean pension and big asset owners, although they may offer lower yields than before given recent interes...

Korean pension funds to up private equity exposure in 2025

South Korea's major pension and savings funds see no drastic reshuffle to their portfolios tilted to private debts next year. But they are looking t...

UCK Partners advises Korean-style approach for buyout deals

An increasing number of South Korean companies are on the radar of private equity investors as the firms undergo digital transformation and generati...

Activist Palliser Pushes for Change at AI Chip Investor SK Square

Activist investor Palliser Capital has built a stake in the holding company of highflying artificial-intelligence chip maker SK Hynix Inc. and is pu...

Mom's Touch to enter Laos in 2025

South Korean homegrown burger and chicken brand Mom's Touch & Co. said on Wednesday that it signed a master franchise agreement with Laos-based ...

S.Korean livestreaming platform SOOP eyes global market

AfreecaTV, South Korea’s first-generation interactive livestreaming service with a nearly two-decade history, has started a new chapter under ...

Big Tech get slap on wrist for tax avoidance in Korea

Global Big Tech companies such as Google, Meta and Netflix have paid a pittance in South Korea taxes and were fined as little as one-ten-thousandth ...

Hyundai Glovis to enter breakbulk transport business

South Korea's Hyundai Glovis Co. said on Tuesday it participates in Breakbulk Americas 2024, a four-day event in Houston starting on October 15.&n...

Zero-sum fears arise in S.Korean airlines’ game of chicken

South Korea’s air carriers are fiercely vying for lucrative or untapped routes in a game of chicken to shore up their falling profit, raising ...

Nobel laureate Han Kang craze revives Korean book market

South Koreans are flocking to bookstores to snap up 2024 Nobel laureate Hang Kang’s novels, making her books — and even those of her nov...

LG Elec to advance in-cabin sensing solution

LG Electronics Inc. said on Monday it's advancing its in-cabin sensing solution which detects and analyzes the interior of vehicles to prevent acc...

Mirae Asset gets int'l privacy protection certification

South Korea's Mirae Asset Securities Co. said on Monday that it won the international personal information standard ISO 27701 certification after un...