Hyundai Mobis defies tariff headwinds with 37% jump in Q2 profit
South Korea’s top auto parts maker Hyundai Mobis Co. posted a 36.8% year-on-year rise in second-quarter operating profit, buoyed by a strategi...
HD Hyundai, ECO launch US shipbuilding project
HD Hyundai Co., South Korea's largest shipbuilding group, has kicked off a joint shipmaking project with US partner Edison Chouest Offshore (ECO), a...
Hyundai Hyms sale kicks off as J& Private Equity sends out teaser letters
Hyundai Hyms Co., a Kosdaq-listed ship block manufacturer, is officially on the auction block as its private equity owner, J& Private Equity (J&...
Hanwha Philly Shipyard wins 1st export-bound US LNG carrier order in 50 yrs
Hanwha Philly Shipyard has secured a 348 billion won ($250 million) order to build a liquified natural gas (LNG) carrier for Hanwha Shipping LLC, ma...
Celltrion eyes record high sales in 2025, fueled by high-margin biosimilars
Celltrion Inc., South Korea’s leading biosimilar drug developer, is poised to reap nearly 5 trillion won ($3.6 billion) in revenue this year a...
Hanwha Ocean wins $1.4 bn order from Yang Ming to build 7 containerships
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has bagged an order to build seven containerships, valued at about 2 trillion won (...
Return of the K-pop queens: Blackpink, Twice power up YG, JYP
Blackpink and Twice, two of South Korea’s most prominent K-pop female acts, made high-profile returns on Friday with new releases, heightening...
Roborock’s privacy policy fuels data leak fears over Chinese goods
A new personal data processing policy from Chinese robot vacuum maker Roborock is raising fears that consumer data could be leaked to or misused by ...
POSCO E&C wins $1.1 bn LNG terminal deal in Thailand
POSCO E&C Co., a South Korean engineering and construction company, said on Tuesday that it has secured a 1.5 trillion won ($1.1 billion) contra...
S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty
A wave of speculative fervor surrounding won-based stablecoins is sweeping South Korea’s equity markets, with nearly half of the top 30 perfor...
JLL, Savills to lead Seoul Square sale in $1 bn deal
JLL and Savills have been tapped to lead the sale of Seoul Square, a landmark office tower, valued at around 1.4 trillion won ($1 billion), adding t...
Asian manufacturing activity stumbles again under weight of Trump tariffs
Factory activity slowed across much of Asia in May as uncertainty over U.S. tariffs continued to cause steep declines in new orders, purchasing ma...
Bold food tech R&D fuels global rise of Korean cuisine
South Korea’s processed food exports are expected to reach 6 trillion won ($4.4 billion) this year after Korean food companies have aggressive...
LG Electronics poised to extend OLED TV market lead into 2025
LG Electronics Inc. is on track to retain its lead in the organic light-emitting diode (OLED) TV market for the 13th consecutive year, bolstered by ...
Hanwha Philly Shipyard to localize LNG builds, expand capacity
Hanwha Group will significantly increase production capacity at its US shipyard from 1.5 vessels to 10 per year as it aims to transform the facility...
Korea’s aesthetic medicine enjoys golden era with surge in foreign spending
As beauty-conscious tourists continue to flock to Seoul’s clinics, South Korea’s aesthetic medicine sector may be entering a golden era,...
Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
Samsung Electronics Co., the world’s leading memory chipmaker, is in talks to supply customized sixth-generation high-bandwidth memory, or HBM...
HD KSOE secures $1.8 bn in container ship orders
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) secured orders for 22 container ships worth a total of 2.54 trillion won ($1.8 billion) ...
POSCO raises ship steel prices as Korea's tariffs curb supply
POSCO Holdings Inc. has raised second-quarter prices of thick plates used in vessels amid concerns over tighter supply after South Korea levied anti...
Seoul mulls joint review of Alaska LNG project with Japan, Taiwan, Vietnam
South Korea has proposed forming a consortium with Japan, Taiwan and Vietnam to jointly assess the feasibility of investing in the $45 billion Alask...
China bans export of Korean goods containing its rare earth metals to US
The Chinese government has warned South Korean companies of retributions for exporting any product containing its critical metals to US military con...
Packaging rides K-beauty wave: Shares of cosmetics container makers soar
As South Korea’s independent beauty brands continue to take the global stage by storm, investors are now looking beyond the creams and serums ...
SK Innovation E&S, JB Financial team up for renewable energy loans
JB Financial Group Co., the parent company of Jeonbuk Bank and Gwangju Bank, will join hands with SK Innovation E&S Co. and InnerGen Co. to roll...
Koreans cut spending in March, except on health, education
South Korean consumers exhibited recessionary spending behavior in March, cutting expenditures across nearly all sectors, except healthcare and educ...
Koreans cut spending in March, except on health, education
South Korean consumers exhibited recessionary spending behavior in March, cutting expenditures across nearly all sectors, except healthcare and educ...
S.Korean shipbuilders rally as Trump hints at buying foreign ships
South Korean shipbuilding stocks soared on Friday on news that US President Donald Trump indicated that the world’s No. 1 economy may purchase...
IMM consortium owns 100% of Hyundai LNG Shipping; Stake sale eyed
A consortium of IMM Private Equity Inc. and IMM Investment Corp. has secured full ownership of Hyundai LNG Shipping, South Korea’s top liquefi...
HD Hyundai on course for $1.55 bn order amid US-China trade war
HD Hyundai Co., the world’s largest shipbuilding group, is emerging as a key beneficiary of the Trump administration’s tariff policies a...
Krafton buys India’s Nautilus Mobile, fueling IP race in Korean game scene
Krafton Inc., one of South Korea’s top four market-cap gaming firms, has taken over Indian game developer Nautilus Mobile for $14 million, upp...
Alaska governor seeks Korean partners for $44 bn LNG project
Alaska Governor Mike Dunleavy arrived in South Korea on Monday to hold a series of one-on-one meetings with top executives from Korean energy and st...
