Korea Investment 1st Korean broker to sell samurai bonds

Korea Investment 1st Korean broker to sell samurai bonds

Korea Investment & Securities Co. on Friday became the first South Korean brokerage company to sell samurai bonds, raising 20 billion yen ($145 ...

LG AI Research launches patent screening AI

LG AI Research launches patent screening AI

South Korea's think tank LG AI Research has teamed up with the Korean Intellectual Property Office (KIPO) to develop the world's first patent screen...

Kia vows to take 10% of Indian market after 1 million car output

Kia vows to take 10% of Indian market after 1 million car output

In celebration of producing 1 million cars from its Indian plant, Kia Corp. has vowed to command 10% of the Indian car market with more diverse mode...

Hyundai Motor premieres first high-performance EV IONIQ 5 N

Hyundai Motor premieres first high-performance EV IONIQ 5 N

The IONIQ 5 N – Hyundai Motor Co.'s first all-electric high-performance car under its N brand – made its world premiere on Thursday, wit...

Lotte Duty Free opens store at Australia's Melbourne Airport

Lotte Duty Free opens store at Australia's Melbourne Airport

South Korea's Lotte Duty Free announced on Thursday that it is opening a new store at Melbourne Airport in Australia and entering full-scale opera...

Everon attracts $39 mn thanks to hot VC demand for EV charging

Everon attracts $39 mn thanks to hot VC demand for EV charging

Everon, one of South Korea’s top three electric vehicle charging infrastructure and management service providers, raised 50 billion won ($39 m...

American patent trolls target S.Korean companies

American patent trolls target S.Korean companies

Over 80% of American companies that sued South Korean companies for patent infringement last year were non-practicing entities (NPE), or “pate...

Naver Webtoon starts fortunetelling, personality test services

Naver Webtoon starts fortunetelling, personality test services

South Korea's Naver Webtoon has launched a service combining its content with the Myers-Briggs Type Indicator (MBTI), a US test of personality type,...

NPS commits $163 mn to Macquarie's sixth Korean buyout fund

NPS commits $163 mn to Macquarie's sixth Korean buyout fund

Macquarie Asset Management is aiming to close its sixth buyout fund in South Korea at a maximum of 1 trillion won ($775.6 million) by the first ha...

Shrinking youth jobs cast shadow over S.Korea’s labor market

Shrinking youth jobs cast shadow over S.Korea’s  labor market

Employment in South Korea extended its growth streak in June but its gains slowed for the third straight month, with youth jobs declining for eight ...

Hanwha Solutions, SK D&D team up for hydrogen fuel cell, solar power

Hanwha Solutions, SK D&D team up for hydrogen fuel cell, solar power

South Korea's Hanwha Solutions Corp. and SK D&D have signed a strategic memorandum of understanding (MOU) to jointly pursue hydrogen fuel cell...

Kia scouts ex-Stellantis executive Pierre-Martin Bos as PBV director

Kia scouts ex-Stellantis executive Pierre-Martin Bos as PBV director

Kia Corp. has brought a former Stellantis N.V.’s commercial vehicle specialist on board for its purpose-built vehicle (PBV) business in Europe...

NHN Commerce acquires Italian luxury brands retailer Ikonic

NHN Commerce acquires Italian luxury brands retailer Ikonic

NHN Commerce, South Korea's major online company NHN Corp.'s shopping platform, announced on Tuesday its acquisition of a 77.8% stake in Ikonic Srl,...

Ad-tech unicorn Moloco’s endeavor to unlock potential continues

Ad-tech unicorn Moloco’s endeavor to unlock potential continues

SILICON VALLEY – Moloco Inc., a Silicon Valley-based ad-tech solution startup valued at more than $2 billion, is dreaming big to become a vers...

Korea tops US eco-friendly car import rankings despite IRA disadvantage

Korea tops US eco-friendly car import rankings despite IRA disadvantage

South Korea retained its top spot in exports of eco-friendly vehicles including electric cars to the US in the first quarter despite challenges pose...

CJ CheilJedang simplifies organizational structure in global push

CJ CheilJedang simplifies organizational structure in global push

CJ CheilJedang Corp., the South Korean food giant with more than 200 operations worldwide, has streamlined its organizational structure to facilitat...

HK inno.N releases new drug for GERD in Indonesia

HK inno.N releases new drug for GERD in Indonesia

South Korean bio-health company HK inno.N Corporation's new drug for gastroesophageal reflux disease (GERD) K-CAB has been officially launched in In...

S.Korean game companies to launch new offensive in China

S.Korean game companies to launch new offensive in China

Major South Korean game companies such as Nexon, Netmarble Corp. and Smilegate from this month will roll out new titles on the Chinese market. ...

Korean startups feel bite of funding drought in H1

Korean startups feel bite of funding drought in H1

The drought in venture capital funding worsened in South Korea in the first half of this year, taking an especially heavy toll on platform and b...

HD KSOE secures $319 mn contract for three VLGC

HD KSOE secures $319 mn contract for three VLGC

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipbuilding holding company of HD Hyundai Co., announced on Friday tha...

Samsung unveils global campaign video of Galaxy Z

Samsung unveils global campaign video of Galaxy Z

Samsung Electronics Co. has announced the release of a new global campaign video ahead of the unveiling of the new foldable phone series on July 26....

KTO releases 49 Korean Wave tourism products

KTO releases 49 Korean Wave tourism products

The Korea Tourism Organization (KTO) said on Friday that it has selected 49 tourism routes developed by 19 different travel agencies, centered aroun...

LG Energy triples lithium orders from SQM for US benefits

LG Energy triples lithium orders from SQM for US benefits

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, agreed to nearly triple lithium procurement from Sociedad ...

Hyundai Glovis to support removal of marine debris

Hyundai Glovis to support removal of marine debris

South Korea's leading logistics company Hyundai Glovis Co. announced on Thursday that it has joined forces with The Ocean Cleanup, a global environm...

McDonald’s to increase locations by 25% in S.Korea by 2030

McDonald’s to increase locations by 25% in S.Korea by 2030

McDonald’s Corp., the world’s top fast-food restaurant operator, is set to increase the number of its locatons in South Korea by 25% to ...

Hyundai unveils driverless shuttle at Korean National Assembly

Hyundai unveils driverless shuttle at Korean National Assembly

Hyundai Motor Co. has launched a pilot service of the RoboShuttle, a combination of artificial intelligence (AI) and autonomous driving technology, ...

Ontario, S.Korea VC firm to establish $76 mn healthcare fund

Ontario, S.Korea VC firm to establish $76 mn healthcare fund

Canada's Ontario government has joined hands with a South Korean venture capital firm to establish a fund of 100 million Canadian dollars ($75.6 mil...

HD Hyundai Heavy Industries starts building next-gen Aegis-equipped ship

HD Hyundai Heavy Industries starts building next-gen Aegis-equipped ship

South Korea's HD Hyundai Heavy Industries Co., the shipbuilding affiliate of HD Hyundai Co., has embarked on the full-scale construction of the next...

Kia to begin EV battery subscription service pilot project

Kia to begin EV battery subscription service pilot project

South Korea's Kia Corp. said on Tuesday it has partnered with Hyundai Capital Services, Shinhan EZ General Insurance, the Seoul Taxi Association, Ha...

Kyungdong Navien opens Mexican corporation

Kyungdong Navien opens Mexican corporation

South Korea's leading heating systems manufacturer Kyungdong Navien said on Monday that it has opened a new overseas corporation in Mexico, marking ...

S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial F&F’s bid for TaylorMade complicates Centroid's exit