Over 130 Chinese travel industry officials visit S.Korea

Over 130 Chinese travel industry officials visit S.Korea

Since the Chinese government allowed its citizens to participate in group tours to South Korea last month, Chinese travel industry representatives h...

KT, Vector Institute to cooperate for hyperscale AI

KT, Vector Institute to cooperate for hyperscale AI

South Korea's KT Corp. announced on Wednesday that it has been in talks with Canada's Vector Institute to explore collaborative opportunities in the...

S.Korean gov't to invest $827 mn in cyber security sector by 2027

S.Korean gov't to invest $827 mn in cyber security sector by 2027

South Korea will invest 1.1 trillion won ($827.1 million) in the information security sector by 2027, nearly double its combined budget of 556.9 bil...

POSCO International to take part in CCS project in Texas

POSCO International to take part in CCS project in Texas

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

Shinhan REITs to buy HSBC's Seoul headquarters at $135 mn

Shinhan REITs to buy HSBC's Seoul headquarters at $135 mn

Shinhan REITs Management Co., a real estate investment arm of South Korea’s Shinhan Financial Group, is poised to acquire a 65.8% stake in the...

10 mn-subscriber YouTuber Mark Wiens to showcase K-food

10 mn-subscriber YouTuber Mark Wiens to showcase K-food

Renowned food influencer Mark Wiens is set to showcase the allure of gastronomic journeys in South Korea. According to the Korea Tourism Organizatio...

Hyundai Mobis eyes over 30% growth in Europe through 2030

Hyundai Mobis eyes over 30% growth in Europe through 2030

MUNICH, GERMANY – Hyundai Mobis Co., an auto part-making unit of Hyundai Motor Group, is targeting average annual sales growth of 30% in Europ...

Naver raises S.Korean market lead thanks to LLM HyperCLOVA X

Naver raises S.Korean market lead thanks to LLM HyperCLOVA X

South Korea’s leading web portal Naver Corp. has raised its domestic market share, which plummeted to the mid-50% range in May, thanks to Hype...

HK inno.N releases K-Cab in Singapore

HK inno.N releases K-Cab in Singapore

South Korean bio-health company HK inno.N announced on Monday that it has released the new drug K-CAB for gastroesophageal reflux disease (GERD) in ...

POSCO mulls opening integrated steel plant in India

POSCO mulls opening integrated steel plant in India

CHENNAI, INDIA – POSCO, the South Korean steel giant under POSCO Holdings Inc., is considering opening an integrated steel mill in India ...

CJ ENM launches domestic fashion brand of Barneys New York

CJ ENM launches domestic fashion brand of Barneys New York

CJ ENM Co., South Korea’s entertainment and e-commerce giant, has launched the domestic fashion brand Barneys New York, a luxury department st...

HD Hyundai posts big exports to Argentina, S.Arabia

HD Hyundai posts big exports to Argentina, S.Arabia

South Korea's HD Hyundai Construction Equipment Co. (HCE) on Sunday said it recently concluded deals to supply 73 machines including excavators and ...

Land use for SK Ecoplant's wind power venture in Canada approved

Land use for SK Ecoplant's wind power venture in Canada approved

The green hydrogen Nujio’qonik project in Canada, a venture that South Korea's SK Ecoplant is taking part in, has secured approval to use go...

LG Elec to fend off challengers with tech supremacy: H&A Head Ryu   

LG Elec to fend off challengers with tech supremacy: H&A Head Ryu   

LG Electronics Inc., the South Korean home appliance giant that is also the world’s No. 1 home electronics seller, is sure it can hold its mar...

Korea emerges as growth market, design hub for global brands

Korea emerges as growth market, design hub for global brands

Global fashion and luxury goods brands are opening directly managed stores in South Korea, one of their growth markets, ending their decades-long re...

Home & Shopping, Teleken signs business agreement

Home & Shopping, Teleken signs business agreement

South Korea's TV and online shopping operator Home & Shopping Co. announced on Friday that it has signed a business agreement with the Japanese ...

Samsung offers guide to greener, smarter life with SmartThings

Samsung offers guide to greener, smarter life with SmartThings

BERLIN – Concerned about extreme weather and skyrocketing energy bills? “Keep calm” and head to Berlin where Samsung Electronics C...

SK eyes $1 bn gains from Chinese copper foil firm exit

SK eyes $1 bn gains from Chinese copper foil firm exit

SK Inc. has embarked on the process to sell its 30% stake in Londian Wason Energy Tech, the owner of the world’s largest copper foil maker, in...

Neowiz to develop mobile game of Bonobono

Neowiz to develop mobile game of Bonobono

South Korean game developer Neowiz announced on Thursday that it has signed with Japanese anime studio Eiken for mobile game development, utilizing ...

Under siege by OTT players, Korean mobile carriers seek higher VOD sales

Under siege by OTT players, Korean mobile carriers seek higher VOD sales

Once, video-on-demand (VOD) services over internet TV easily generated money for most telecommunications companies in South Korea.Those days are g...

WEMIX listed on US virtual asset exchange Tapbit

WEMIX listed on US virtual asset exchange Tapbit

South Korean game publisher WeMade Co. announced on Thursday that its cryptocurrency WEMIX will be listed on the US cryptocurrency exchange Tapbit.&...

Japan's fever for Korean homegrown brands on the rise

Japan's fever for Korean homegrown brands on the rise

Shimamura Co., Japan’s second-largest apparel company that runs around 2,200 stores nationwide, has dispatched a team of four buyers to Seoul ...

Foreign visitors to S.Korea in July surpass 1 mn post-COVID-19

Foreign visitors to S.Korea in July surpass 1 mn post-COVID-19

The number of foreign tourists visiting South Korea has exceeded 1 million in a month for the first time since the outbreak of COVID-19. According t...

S.Korea to invest in Korean-owned overseas startups

S.Korea to invest in Korean-owned overseas startups

South Korea will expand startup nurturing programs into overseas venture companies launched by Koreans from next year as the country is stepping up ...

Fosun to cash out of K-beauty firm Nature&Nature for $38 mn

Fosun to cash out of K-beauty firm Nature&Nature for $38 mn

Fosun Group, a debt-laden Chinese conglomerate, is seeking to cash out of its entire stake in Nature&Nature Co. for up to 50 billion won ($37.8 ...

Webcash launches WeBill 365 in Cambodia

Webcash launches WeBill 365 in Cambodia

South Korea's Webcash Co. has launched its specialized billing solution "WeBill 365" in Cambodia."WeBill 365 maximizes convenience and efficiency fo...

Forbes selects nine S.Korean startups as Asia 100 to Watch

Forbes selects nine S.Korean startups as Asia 100 to Watch

Nine South Korean startups have made it to the "Forbes Asia 100 to Watch 2023" list.According to Forbes on Tuesday, the following companies were sel...

South Korean exporters jittery as China's slowdown raises red flag

South Korean exporters jittery as China's slowdown raises red flag

South Korea’s exporting companies are increasingly feeling the heat as its top export market China is sounding alarm bells over the world&rsqu...

France’s new EV subsidy bill may violate Korea-EU FTA: KITA

France’s new EV subsidy bill may violate Korea-EU FTA: KITA

The South Korean auto industry has called for an amendment in France’s new subsidy policy for electric vehicle purchases after voicing concern...

Amorepacific's Aestura to enter Japanese market

Amorepacific's Aestura to enter Japanese market

South Korean beauty and cosmetics giant Amorepacific Corp. announced on Wednesday that its derma cosmetic brand Aestura will enter the Japanese mark...

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