Korean air filter maker CNTUS SUNGJIN aims to crack US market

CNTUS SUNGJIN Co., a mid-sized South Korean company known for its colorful face masks made under the Aer brand, has focused on business-to-business ...

Remote work, small offices revive S.Korea's printer market

South Korea’s printer market has been recovering from a long slump as the rise of remote work and small or home offices has revived demand for...

Hyundai Motor Group rises to world’s third-largest automaker

South Korea’s largest automaker Hyundai Motor Group ranked third in global car sales in the first half, its highest-ever ranking in terms of v...

European direct lending offers investment edge: Permira

The direct lending market is garnering investor attention as it has performed well during periods of market volatility. As banks are cautious to t...

Foldable smartphones will go mainstream at Samsung: Mobile chief

NEW YORK – Samsung Electronics Co. has vowed to make foldable smartphones its mainstream products in the high-end segment, setting its sales t...

Kurly enters Singapore grocery market, targeting SE Asia

South Korea’s Kurly Inc., the operator of grocery delivery service Market Kurly, made inroads into Singapore with an aim to expand its busines...

Korean shipbuilder KSOE wins $1.5 bn order for 7 LNG carriers

Korea Shipbuilding & Offshore Engineering Co. (KSOE), the intermediate holding company of the world’s top shipbuilder Hyundai Heavy Indust...

Mobility platform Socar slashes price to push ahead with IPO

South Korea’s first mobility unicorn Socar Inc. has cut its IPO price by 18% to push ahead with its stock market debut, according to industry ...

Korea Ginseng Corp. intensifies marketing efforts in the UAE

South Korea’s Korea Ginseng Corp. (KGC) said on Tuesday it recently hosted its second annual conference for large retail pharmacy chains in th...

It's time for individual investors to bet on stocks: Carlyle's David Rubenstein

  A lot of stock investors have jumped into the bullish market in recent years. But global inflation and recession appear as threats to invest...

LG Elec. revives tablet business to target Korean edtech market 

LG Electronics Inc. is going all in on South Korea’s distance learning market. For the first time in three years, the electronics giant h...

Japan’s multifamily assets shine amid market volatility: Savills IM

Multifamily assets have been a key investment target due to their resilience amid economic volatility. Japan, with the largest real estate market in...

Naver says no growth sacrifice to cut costs with record sales

Naver Corp., South Korea’s largest online portal, on Friday reported its largest-ever quarterly revenue, led by webtoon and fintech services, ...

SK Discovery to control affiliates’ entire biotechnology business

SK Discovery Co., an intermediate holding company of South Korea’s third-largest conglomerate SK Group, will take charge of the entire biotech...

Korea to further lag China on self-driving cars

South Korea is expected to lag behind China further on autonomous vehicle technology as Shenzhen, the technology hub in Guangdong province, allowed ...

Popular app operators in South Korea race to create super apps

App operators in South Korea are in stiff competition to create super apps – as clear winners have emerged in different business sectors.The d...

SK Nexilis to unveil ultra-high strength EV battery copper foil

SK Nexilis Co., a unit of South Korean chemical materials maker SKC Ltd., has developed technology to mass produce ultra-high strength copper foil, ...

KT ups ante with $1.5 billion spending on public sector cloud service

KT Cloud Corp., a unit of South Korea’s telecom giant KT Corp., plans to spend up to 2 trillion won ($1.5 billion) over the next three years t...

Daesang Life, China’s Sinopharm to launch health foods joint venture

Daesang Life Science Corp., a South Korean health foods maker, has signed an initial agreement with China’s Sinopharm International to launch ...

Korean firms rush to sell real estate to raise cash

South Korean companies are selling real estate and subsidiaries to raise cash as accelerating inflation, rising interest rates and the soft won all ...

Indonesian president to visit Hyundai Motor during Korea visit

Indonesian President Joko Widodo will visit Hyundai Motor Co. during his upcoming two-day official visit to South Korea as the automaker is aggressi...

SK Chem to build plastic recycling plants in China

SK Chemicals Co. plans to build plastic recycling plants in China in partnership with a Chinese eco-friendly materials supplier as its parent SK Gro...

Lotte Chem, Itochu join hands on hydrogen, ammonia biz

South Korea’s major petrochemical producer Lotte Chemical Corp. and a Japanese trading house Itochu Corp. joined forces for the hydrogen and a...

Samsung develops next-generation data storage device

Samsung Electronics Co. on Thursday unveiled an upgraded data storage device that significantly reduces the computer processing time and energy cons...

Aramco-backed Hyundai Oilbank drops IPO on market downturn

Hyundai Oilbank Co., a South Korean refiner backed by Saudi Aramco, withdrew its plan for an initial public offering as local stock markets tumbled,...

Kolon Global to spin off auto unit, eyes Kolon Mobility IPO in 2023

Kolon Global Corp., an affiliate of South Korean conglomerate Kolon, will spin off its car import business unit to improve management efficiency and...

Award-winning Hyundai IONIQ 5 EV to land in Japan as MK Taxi

South Korea’s top automaker Hyundai Motor Co. said on Wednesday it is supplying its all-electric IONIQ 5 crossover to Japan’s taxi servi...

Naver Zepeto targets Middle East for global expansion

Naver Z Corp., the operator of Asia’s largest metaverse platform Zepeto, is set to accelerate its global expansion through localization, mainl...

South Korean firms roll out AI chatbots that tug at the heartstrings

If you are using artificial intelligence-powered chatbot services in South Korea, you may soon be receiving messages like this: “Would you lik...

Hyundai’s Supernal showcases flying electric car at UK air show

Supernal LLC, the urban air mobility affiliate of South Korea’s top automaker Hyundai Motor Co., has unveiled the cabin concept of its flying ...