Korea’s NPS bets on more local semiconductor stocks in Q2

Korea’s NPS bets on more local semiconductor stocks in Q2

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund with 975.6 trillion won ($754.2 billion) in assets under...

SK Hynix eyes wastewater facilities sale for $770 mn

SK Hynix eyes wastewater facilities sale for $770 mn

SK Hynix Inc. is in talks with its affiliate SK REIT Co. to sell the wastewater treatment facilities within its semiconductor campus in Icheon, Gyeo...

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,...

LG Electronics to offer energy-saving services in US

LG Electronics to offer energy-saving services in US

South Korea's LG Electronics Inc. is set to bring its auto demand response (DR) service to the US, utilizing its smart home platform, LG ThinQ, the ...

Kakao Brain releases new AI artist Karlo 2.0

Kakao Brain releases new AI artist Karlo 2.0

Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., revealed its latest AI image generation model Karlo 2....

Samsung Electronics creates global hit with new gaming monitor

Samsung Electronics creates global hit with new gaming monitor

Samsung Electronics Co. ’s new gaming monitor has received over 3,000 advance orders worldwide.The company on Monday said it began presale of ...

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. ...

Dior to open Tears capsule collection pop-up store in Seoul

Dior to open Tears capsule collection pop-up store in Seoul

Dior will open a pop-up store in Seoul's Seongsu-dong to commemorate the launch of the "Dior Tears capsule collection."This collection was created t...

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....

Kumho Tire signs official sponsorship deal with AC Milan

Kumho Tire signs official sponsorship deal with AC Milan

South Korea's Kumho Tire Co. has signed a sponsorship agreement as the official tire partner with the prestigious Italian football club AC Milan.Kum...

Samsung faces scrutiny under new EU digital market rules

Samsung faces scrutiny under new EU digital market rules

Samsung Electronics Co. is facing scrutiny by the European Union over its leading position in the internet browser market under the Digital Markets ...

S.Korea’s best-selling premium fashion brand Time to go global

S.Korea’s best-selling premium fashion brand Time to go global

Handsome Corp., a fashion house of South Korea’s major retailer Hyundai Department Store Group, will launch The Time, an upmarket collection...

Kolon Industries to develop new materials for space exploration

Kolon Industries to develop new materials for space exploration

Kolon Industries Inc., a South Korean chemical and textile manufacturer, announced on Wednesday it has signed a memorandum of understanding (MOU) wi...

SKC to invest $3.8 bn in secondary battery materials by 2025

SKC to invest $3.8 bn in secondary battery materials by 2025

South Korea's chemical material maker SKC will invest over 5 trillion won ($3.8 billion) in three sectors -- secondary batteries, semiconductors and...

Woongjin ThinkBig signs licensing deal with Disney

Woongjin ThinkBig signs licensing deal with Disney

South Korean educational technology company Woongjin ThinkBig Co. on Tuesday said it signed a licensing agreement with Walt Disney Korea, the domest...

Celltrion Healthcare launches Humira biosimilar Yuflyma in US

Celltrion Healthcare launches Humira biosimilar Yuflyma in US

South Korean biopharmaceutical company Celltrion Healthcare on Monday said it launched the day before on the US market Yuflyma, a biosimilar of the ...

GC Biopharma inks $90mn deal for blood products in Brazil

GC Biopharma inks $90mn deal for blood products in Brazil

South Korea's GC Biopharma Corp. on Monday announced on Monday that it has a supply contract with Blau Farmacêutica, a Brazilian pharmaceutica...

Optimizing flexibility for fixed-income in new era: M&G

Optimizing flexibility for fixed-income in new era: M&G

Fixed-income continues to offer an attractive entry point for investors with higher yields, declining inflation and the end of the interest rate hik...

Samyang Foods Group rebrands as Samyang Roundsquare

Samyang Foods Group rebrands as Samyang Roundsquare

South Korea's food-oriented Samyang Foods Group said on Monday it rebranded the group and the holding company Samyang Naturals Co.'s name as Samyang...

S.Korea's NongHyup advances into EV charging

S.Korea's NongHyup advances into EV charging

South Korea's National Agricultural Cooperative Federation (NongHyup), with over 9,000-plus offline bases nationwide, has entered the electric vehic...

LG Chem seeks to sell 2nd NCC facility in Korea in face of China’s ascent

LG Chem seeks to sell 2nd NCC facility in Korea in face of China’s ascent

LG Chem Ltd. has embarked on a process to sell its core naphtha cracking center (NCC) in South Korea, estimated at about 3 trillion won ($2.3 billio...

Korean ETFs’ net asset value doubles in 3.5 years

Korean ETFs’ net asset value doubles in 3.5 years

South Korea’s exchange-traded funds (ETFs) surpassed 100 trillion won ($75.7 billion) in net asset value for the first time on Thursday, 21 ye...

S.Korea’s SK to buy US bio JV stake from Roivant for $48 mn

S.Korea’s SK to buy US bio JV stake from Roivant for $48 mn

SK Group, South Korea’s second-largest conglomerate, is set to purchase the entire stake in a US bio joint venture held by its partner, as the...

Doosan vice chairman visits robotics trade show Automatica

Doosan vice chairman visits robotics trade show Automatica

South Korea’s Doosan Group Vice Chairman Park Ji-won visited Automatica 2023 on Wednesday, a leading trade fair for smart automation held in M...

SK E&S eyes business split-up to raise up to $1. 5 bn

SK E&S eyes business split-up to raise up to $1. 5 bn

South Korea’s SK E&S Co. is seeking to split up its business to raise up to 2 trillion won ($1.5 billion), according to people with knowle...

CJ Olive Young to develop inner beauty as new growth engine

CJ Olive Young to develop inner beauty as new growth engine

South Korea's top beauty chain CJ Olive Young said on Thursday that it plans to capitalize on the growing market for inner beauty, positioning it as...

Samsung Gangnam takes aim at Apple Store to lure MZers

Samsung Gangnam takes aim at Apple Store to lure MZers

Apple Inc., the world’s leading premium smartphone maker, opened its latest South Korean flagship store in the bustling neighborhood of Gangna...

LG Group seeks new partners in Silicon Valley’s startup scene

LG Group seeks new partners in Silicon Valley’s startup scene

South Korea’s LG Group seeks new partnerships with global ventures to strengthen its new growth engines, such as batteries, biopharmaceuticals...

Samsung on smooth track to 1.4 nm foundry tech to take on TSMC

Samsung on smooth track to 1.4 nm foundry tech to take on TSMC

SILICON VALLEY  – Samsung Electronics Co., the world’s largest memory chipmaker, on Tuesday unveiled details of its advanced proces...

S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs Kia to make, sell China-launched EV5 in Korea to keep top spot