AI-driven shifts will unlock opportunities: SK Chairman
Challenges are ahead but the artificial intelligence industry will eventually boom, opening new markets, said South Korea’s second-largest bus...
Air Incheon joins Boeing safety operation support program
South Korea's cargo airline Air Incheon announced on Wednesday that it signed an agreement with American aircraft manufacturer Boeing Co. on Tuesd...
Korea’s Mirae Asset to open AI business unit in New York
Mirae Asset Group, the pioneer in South Korea’s mutual fund industry, plans to set up an artificial intelligence business unit in New York as ...
KAI, TAI ink deal to boost T-50TH support
Korea Aerospace Industries Ltd. (KAI) signed a memorandum of understanding (MOU) with Thai Aviation Industries (TAI), Thailand's state-owned aircraf...
Fashion ODM Pond Group buys K-beauty retailer Most
Pond Group, a South Korean original design manufacturing (ODM) clothing company, said on Monday it has acquired Most Inc., a domestic beauty product...
Tighter emissions rules boost HD Hyundai Marine margin
HD Hyundai Marine Solution Co., a ship parts manufacturing and after-sales service company, has reported the highest-ever operating profit margin in...
Samsung's financial arms beat No.1 banking group KB in profit
Samsung Group's financial services business has overtaken South Korea's No. 1 banking group KB Financial Group in terms of net profit, posing a thre...
Korea’s airline firms plagued by elevated fuel costs, strong dollar
South Korea’s six listed airline companies posted worsening profitability in the second quarter, plagued by higher jet fuel costs and the US d...
LG Uplus offers Korean Air gift cards to 5G subscribers
South Korea’s LG Uplus Corp. is expanding benefits for subscribers of its online-exclusive prepaid plan Nugget, including offering Korean Air ...
Korean Air, L3Harris to introduce more AEW&C aircraft
South Korean airliner Korean Air Lines Co. held the Industry Day in Seoul on Wednesday with the US-based defense company L3Harris to discuss South K...
Tous les Jours to enter Singapore market
CJ Foodville, the food service subsidiary of South Korea's CJ Group and the operator of the bakery chain brand Tous les Jours, announced on Monday t...
Jin Air to launch daily flights on Busan-Nagoya route
South Korea's low-cost carrier Jin Air announced on Friday that it will launch a new route between Busan and Nagoya, starting on Sept. 14, with dail...
CJ Group to hold K-festa in Vietnam
South Korea's CJ Group announced on Thursday that it will hold a "CJ K-festa" in Vietnam from Aug. 10 to Sept. 1, focusing on food, sports and movie...
Gas maker Air Products Korea put on sale for around $3.6 bn
US industrial gas maker Air Products and Chemicals Inc. has put its South Korean unit up for sale for an estimated 5 trillion won ($3.6 billion), in...
Hyundai Motor mulls connected car partnership with Google
Hyundai Motor Group is accelerating its efforts to join hands with global tech companies to advance its future mobility technologies ranging from au...
HI Investment & Securities changes its name to iM Securities
HI Investment & Securities Co. was rebranded as iM Securities after it held an extraordinary shareholders' meeting at its headquarters in Yeouid...
Hyundai Glovis, Huayou join hands for EV battery recycling
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, has teamed up with a unit of China’s Zhejiang Huayou Cobalt...
Low-cost carrier Fly Gangwon rebranded as Parata Air
South Korea's low-cost carrier (LCC) Fly Gangwon, based in Gangwon Province, has rebranded itself as Parata Air and is embarking on a new beginning....
Jeju Air seeks M&A, igniting race for top place in Korea's LCC market
Jeju Air Co., a leading South Korean low-cost carrier (LCC), will likely seek the acquisition and merger of a rival small airline operator amid inte...
NHN unveils new corporate identity
South Korea's NHN Corp. unveiled a new corporate identity (CI) on Thursday in celebration of its anniversary and announced that it would be uniforml...
Woori Financial Group relaunches brokerage arm
Woori Financial Group has returned to South Korea’s brokerage service market after a decade with the launch on Thursday of Woori Investment &a...
NH to buy Donuimun D Tower for $650 mn
South Korea’s NongHyup Financial Group Inc. (NH Financial) is poised to acquire landmark office building Donuimun D Tower for about 900 billio...
Hanwha REIT to buy Hanwha Group office building for $584 mn
Hanwha REIT Co., a real estate investment arm of South Korea’s No. 7 conglomerate Hanwha Group, said on Monday that it is poised to acquire th...
Hyundai gives advanced air mobility demo in Indonesia
Hyundai Motor Group on Monday unveiled its advanced air mobility (AAM) technology and demonstrated an AAM prototype aircraft, or a flying car, in In...
Hanyang Securities stake draws bids without sale manager
Hanyang Securities Co. has received preliminary bids from four to five South Korean companies or consortia for its 11.3% stake after its controlling...
KB Financial's quarterly profit hits record on interest margin growth
South Korea’s largest financial holding group KB Financial Group Inc. has logged its record quarterly profit in the April-June period, thanks ...
S.Korea's Rebellions secures investment from Aramco
Rebellions Inc., a South Korean artificial intelligence chip design startup, announced on Tuesday that it secured investment from Saudi Arabia's sta...
HD KSOE partners with University of Michigan to foster US ship engineers
South Korea’s HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has joined hands with the University of Michigan-Ann Arbor (UM) a...
Doosan Robotics to merge with Doosan Bobcat by early 2025
Doosan Robotics Inc. will complete a merger with Doosan Bobcat Inc. by early next year, a move aimed at prodding Bobcat to take an active role in ex...
Hanwha Group to expand stock compensation to team chiefs
South Korea’s No. 7 conglomerate Hanwha Group will expand its restricted stock units (RSUs) to encourage employee interest in the company&rsqu...
