Hanwha Systems joins C-130H airplane modification project

Hanwha Systems joins C-130H airplane modification project

Hanwha Systems Co. announced on Monday that it has been awarded a second contract by the Defense Acquisition Program Administration for the South Ko...

Celltrion puts Takeda’s assets up for sale after 3 years

Celltrion puts Takeda’s assets up for sale after 3 years

South Korea’s Celltrion Inc. has put its Japanese Takeda Pharmaceutical Co.'s primary care assets acquired in 2020 on sale as the biosimilar g...

Kia starts delivering electric SUV EV9 to customers

Kia starts delivering electric SUV EV9 to customers

Kia Corp. announced on Sunday that its first large-scale electrified sport utility vehicle (SUV), the EV9, will be available for delivery to custome...

GM names Hector Villarreal as new CEO for S.Korean operations

GM names Hector Villarreal as new CEO for S.Korean operations

General Motors (GM) on Friday named Hector Villarreal as the new president of GM Korea. After more than 40 years with the company, GM Korea Presiden...

Doosan to start demonstration of high-efficiency hydrogen turbine

Doosan to start demonstration of high-efficiency hydrogen turbine

South Korea’s Doosan Enerbility Co. is set to develop and demonstrate a high-efficiency H-class large hydrogen turbine technology utilizing pu...

Hanwha to reveal S.Korean rocket Nuri, UAM techs in Paris

Hanwha to reveal S.Korean rocket Nuri, UAM techs in Paris

South Korea’s chemicals-to-defense conglomerate Hanwha Group plans to showcase its cutting-edge technology, specifically those applied to home...

India rises as LG's cash cow under revised S.Korean tax laws

India rises as LG's cash cow under revised S.Korean tax laws

South Korea’s LG Electronics Inc. has received nearly 600 billion won ($470 million) in dividends from its overseas operations in the first qu...

DB Insurance acquires Vietnam's 9th largest insurance company

DB Insurance acquires Vietnam's 9th largest insurance company

DB Insurance Co., a South Korean non-life insurance company, announced on Friday that it has signed an acquisition agreement with the Saigon-Hanoi...

Lotte Shopping to raise $785 mn from Korean banks for ESG push

Lotte Shopping to raise $785 mn from Korean banks for ESG push

Lotte Shopping Co., the retail arm of South Korea's fifth-largest conglomerate Lotte Group, will tap 1 trillion won ($784.4 million) from two of the...

Dong-A ENG Co.

Dong-A ENG Co.

Key facts Industry Mass-production mold design and manufacturing/machinery manufacturing Mainstay products/services Automotive interior ...

Min Sung Precision Co.

Min Sung Precision Co.

Key facts Industry Industrial mold manufacturing and repairment/plastic injection molding Mainstay products/services High-precision mold...

S.Korean gov't, L'Oréal to jointly support beauty tech startups

S.Korean gov't, L'Oréal to jointly support beauty tech startups

South Korean Ministry of SMEs and Startups has joined forces with the L'Oréal Group to provide support for beauty tech startups.During the Vi...

Kooksoondang to export limited edition makgeolli to Japan in four years

Kooksoondang to export limited edition makgeolli to Japan in four years

Kooksoondang Co., a South Korean brewery that produces traditional rice-based wines, announced on Friday that it will export 100,000 bottles of the ...

CJ Logistics, Evergreen sign agreement for logistics cooperation

CJ Logistics, Evergreen sign agreement for logistics cooperation

South Korea's CJ Logistics has entered into mutual cooperation with the Taiwan-based global shipping company Evergreen Marine Corporation for the ...

Daehwa Pharm applies for approval of anti-dementia patch in China

Daehwa Pharm applies for approval of anti-dementia patch in China

South Korea's Daehwa Pharm Co. is speeding up its advance into the Chinese market for anti-dementia medicine, applying for sales approval of its pat...

Korea’s GS E&C holds first global HR conference in Mumbai

Korea’s GS E&C holds first global HR conference in Mumbai

GS Engineering & Construction Co. announced on Friday that it recently held the “1st Global HR Leaders Conference” attended by chief...

POSCO targets robotic automation solutions for new growth

POSCO targets robotic automation solutions for new growth

SEONGNAM, Gyeonggi Province -- POSCO DX Co., the IT services subsidiary of South Korea’s largest steelmaker POSCO Group, aims to enter the rob...

GEPS taps Apollo, EQT, Warburg for buyout, growth equity

GEPS taps Apollo, EQT, Warburg for buyout, growth equity

South Korea’s Government Employees Pension Service (GEPS) selected Apollo Global Management, Warburg Pincus and Sweden-based EQT Partners as i...

SK Biopharm’s Cenobamate gets nod in Canada, to boost US sales

SK Biopharm’s Cenobamate gets nod in Canada, to boost US sales

South Korea’s SK Biopharmaceuticals Co. has obtained the sales approval for its antiepileptic treatment Cenobamate in Canada, paving the way f...

S.Korea’s Hanwha Securities to acquire Ciptadana in Indonesia

S.Korea’s Hanwha Securities to acquire Ciptadana in Indonesia

Hanwha Investment & Securities announced on Thursday that it has decided to acquire Indonesia's Ciptadana Securities and Ciptadana Asset Managem...

Amorepacific runs events to mark BTS 10th anniversary

Amorepacific runs events to mark BTS 10th anniversary

South Korean beauty and cosmetics giant Amorepacific Corp. has temporarily opened a staff-only space to BTS fans.  The company’s Seoul h...

S.Korea bets on 2nd Middle East boom for SMEs, startups

S.Korea bets on 2nd Middle East boom for SMEs, startups

The Middle East is emerging as a key export market for South Korean small enterprises and startups desperate for global expansion to tide over the e...

Chip prices likely to rise in H2: KB Securities

Chip prices likely to rise in H2: KB Securities

KB Securities predicted on Thursday that semiconductor prices are likely to rise in the second half of the year due to the decrease in production ca...

Japanese yen near 8-year low against S.Korean won

Japanese yen near 8-year low against S.Korean won

The Japanese yen is nearing its lowest level in eight years against the South Korean won, with their exchange rate hovering around the 9.00 level.It...

Hyundai Group chief calls on PE firm help to defend against Schindler

Hyundai Group chief calls on PE firm help to defend against Schindler

South Korea’s conglomerate Hyundai Group Chairwoman Hyun Jeong-eun is seeking money from a local private equity firm to defend the management ...

Daesang to produce new eco-friendly material Cadaverine

Daesang to produce new eco-friendly material Cadaverine

Daesang Corp., South Korean manufacturer of food and pharmaceutical ingredients, announced on Wednesday that it has developed a new eco-friendly mat...

KBIZ holds SME export consultation meeting in Dubai

KBIZ holds SME export consultation meeting in Dubai

A large-scale business event was held in Dubai to support the expansion of Korean small- and medium-sized enterprises (SMEs) into the Middle East.Th...

Goldman Sachs slashes Korean cathode stock targets; market ignores

Goldman Sachs slashes Korean cathode stock targets; market ignores

Goldman Sachs Group Inc. has slashed the target prices of South Korean top cathode stocks, namely EcoPro BM Co. and POSCO Future M Co., by nearly ha...

Seoul is fourth most searched global city for summer travel: survey

Seoul is fourth most searched global city for summer travel: survey

The South Korean capital of Seoul is surging in global popularity as a summer travel destination amid the first peak summer season since COVID-19 we...

Foreign buying of Korean stocks, bonds at record high, boosting won

Foreign buying of Korean stocks, bonds at record high, boosting won

Foreigners bought a record $11.43 billion in South Korean stocks and bonds in May, boosting the value of the won versus the dollar amid the greenbac...

Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead Google Maps, Blackpink fans’ must-have item for Deadline World Tour South Korea’s Lee completes cabinet lineup with IT executive, lawmaker Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media