SK Signet to supply EV chargers to Gilbarco

SK Signet Inc., South Korea's electric vehicle (EV) charger manufacturer, announced on Thursday that it partnered with Gilbarco Veeder-Root, the wor...

LX International joins UNGC

South Korean trading firm LX International Corp. announced on Tuesday that it joined the United Nations Global Compact (UNGC) to strengthen its envi...

Lotte Global Logistics, KOBC to partner for global logistics

South Korea's Lotte Global Logistics announced on Monday that it signed a memorandum of understanding (MOU) with the Korea Ocean Business Corporatio...

Hyundai beats Volkswagen with world's 2nd-largest Q1 profits

South Korea's Hyundai Motor Group surpassed Volkswagen Group to claim the second-highest operating profit in the global automotive industry for the ...

SKC to build world's top biodegradable plastic plant in Vietnam

SKC Ltd., a chemicals arm of South Korea’s second-largest conglomerate SK Group, said on Sunday its biodegradable material unit has broken g...

SK E&S builds world’s largest hydrogen liquefaction plant

SK E&S Co., a South Korean liquefied natural gas importer, has built the world’s largest hydrogen liquefaction plant in Incheon, west of S...

Osstem to buy Brazil’s No. 3 dental implant maker Implacil

South Korea’s Osstem Implant Co., the world’s fourth-largest dental implant maker, is slated to acquire Brazilian peer Implacil De Borto...

Lotte Tour's Jeju Island casino triples revenue

Jeju Dream Tower Casino, located on South Korea's top tourist island of Jeju and run by Lotte Tour Development Co., surpassed $6 million in cumula...

S.Korea’s Lotte Card injects $68 mn into Vietnamese unit

Lotte Card Co., South Korea’s No. 5 credit card issuer, has injected $68 million into its Vietnamese unit to expand its business in the Southe...

LG Chem, Saudi’s Alkhorayef join hands for seawater project

LG Chem Ltd. on Wednesday signed an agreement with Saudi Arabia’s Alkhorayef Group to build a water treatment plant in the Middle Eastern nati...

Lotte Global Logistics partners with CMA CGM

South Korea's Lotte Global Logistics announced on Monday that it partnered with the France-based world's third-largest shipping company CMA CGM.&nbs...

HD Hyundai aims for world’s No. 5 spot in construction machinery

HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, is making big bets on Europe and South America to achieve its goal of seizin...

HMM enhances maritime safety with AI technology

HMM Co., South Korea’s leading sea carrier, announced on Friday its adoption of an advanced AI image analysis solution 'Deep Eyes', aimed at b...

Korea’s Lotte sells Lotte Glory Properties Shenyang amid US-China dispute

South Korea’s retail giant Lotte Group has signed a deal to sell a theme park project in Shenyang, China – its latest move to pull out o...

Lotte Global Logistics, Megvii to collaborate AI logistics

South Korea's Lotte Global Logistics announced on Thursday that it signed a memorandum of understanding (MOU) with Megvii Technology, a Chinese arti...

Korea's Lotte Insurance put on market for around $1.5 bn

Lotte Group’s non-life insurance affiliate Lotte Insurance Co., has been put up for sale at around 2 trillion won ($1.5 billion), according to...

Korean theme parks recover to near pre-pandemic levels

Everland and Lotte World, South Korea’s two largest theme parks, posted their highest-ever profits in 2023, recovering from the COVID-19 pande...

Lotte Dept. Store introduces AI translation service

South Korea's Lotte Department Store announced on Monday that it introduced an artificial intelligence (AI) interpretation service for foreign touri...

Korea's LX opens Hungary terminal for Europe EV, battery logistics

LX Pantos, one of the top logistics firms in South Korea, has launched a railway terminal in Hungary for the electric vehicle and battery logistics ...

NPS loses $1.2 bn in local stocks in Q1 on weak battery shares

South Korea’s National Pension Service (NPS), the world's third-largest pension fund, lost 1.66 trillion won ($1.2 billion) in domestic stock ...

LG Elec sees AI air conditioner sales 30% increase in Q1

LG Electronics Inc. announced on Friday that the sales of air conditioner models equipped with artificial intelligence (AI) features in the Whisen l...

Pepero enters Thailand’s King Power Duty Free

South Korea's Lotte Wellfood Co. announced on Friday that its thin chocolate-coated cookie sticks Pepero and no-sugar ice cream Zero entered King Po...

Older Voters Are Taking Over in the World’s Wealthy Democracies

SEOUL—On the surface, South Korea’s legislative election this week looks much like past votes. Candidates are holding rallies and partie...

[Test] Older Voters Are Taking Over in the World’s Wealthy Democracies

SEOUL—On the surface, South Korea’s legislative election this week looks much like past votes. Candidates are holding rallies and partie...

Samsung to mass-produce industry’s fastest LPDDR5X DRAM in H2

South Korean tech giant Samsung Electronics Co. said on Wednesday it has developed an LPDDR5X DRAM chip that supports the industry’s fastest d...

Keppel REIT to sell Seoul-based prime office T Tower

Singapore’s Keppel REIT Management Ltd. is set to divest of its Seoul-based prime office building T Tower near Seoul Station.Real estate manag...

Lotte Home Shopping expands Japan tour packages

South Korea's Lotte Home Shopping said on Tuesday that it will expand its range of travel packages to Japan, including trips to Kyushu and Okinawa, ...

Older Voters Are Taking Over in the World’s Wealthy Democracies

SEOUL—On the surface, South Korea’s legislative election this week looks much like past votes. Candidates are holding rallies and partie...

Lotte Rental launches driver-inclusive rental service in Vietnam

Lotte Rental Co., South Korea's largest car rental firm, announced on Monday that it has launched a "Vietnam Driver-inclusive Rental Car."The servic...

Lotte Innovate, Kolon Benit to cooperate on AI Solutions

South Korea’s Lotte Innovate (formerly, Lotte Data Communication Co. ) announced that it signed a memorandum of understanding (MOU) with Kolon...