LG ramps up European HVAC marketing with new Therma V model
LG Electronics Inc., a leading South Korean home appliance maker, is strengthening efforts to enhance its presence in Europe’s heating, ventil...
SGC E&C secures $189 mn petrochem facility project in Saudi Arabia
SGC Engineering & Construction (E&C), a specialist in design, procurement and construction (EPC), said on Thursday that it has signed a cont...
CJ Olive Young establishes new logistics center
South Korean beauty store chain CJ Olive Young said on Thursday that it has established the Olive Young Anseong Logistics Center in Anseong-si, Gyeo...
Kakao Games reports sharp drop in Q2 operating profit
Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., reported a sharp decline in second-quarter earnings on Wednesday d...
South Korean beauty device makers bulk up through M&As
South Korean beauty device manufacturers are aggressively pursuing mergers and acquisitions both at home and abroad to expand their scale, diversify...
Celltrion's Zymfentra joins US insurance-covered drug lists
South Korean biosimilar maker Celltrion Inc. said on Monday that its subcutaneous injection formulation for autoimmune diseases, Zymfentra (inflixim...
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....
Korean e-commerce platforms struggle to draw new capital
South Korean online marketplace operators are struggling to attract investors amid deteriorating profitability and the financial turmoil facing dome...
Shinsegae buys low-cost cosmetics brand Amuse from Naver Snow
South Korea's Shinsegae International Inc. announced on Friday that it will acquire 100% of Amuse Corp., a cosmetics brand, for 71.3 billion won ($5...
GS25 to challenge Daiso in low-cost cosmetics market
South Korean convenience store chain GS25 said on Sunday it would expand the lineup of affordable and small-pack basic cosmetic products, targeting ...
Will Samsung benefit from Nvidia’s new AI chip delays?
Samsung Electronics Co., the world’s top memory chipmaker, is expected to benefit from Nvidia Corp.’s delays in shipping AI chips, as gl...
LS Cable breaks ground for bus ducts plant in Mexico
South Korea's LS Cable & System Ltd. broke ground for two factories in Mexico on August 2: one for bus ducts, or a large-scale power distributio...
Korean cosmetics, Amazon Prime Day’s top beauty products
South Korean cosmetics were top picks among beauty products of Amazon Prime members during the global leading e-commerce platform’s largest an...
Hyundai E&C unveils new Hillstate brand video
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) announced on Friday the release of a new Hillstate brand film titled "Wha...
SK On logs record quarterly loss on sluggish EV market
SK On Co., the world’s fifth-largest battery maker, on Thursday reported a record quarterly loss on the prolonged weakness in the electric veh...
Samsung’s new chip leader calls for restoring competitiveness
It is urgent to restore Samsung Electronics Co.'s competitiveness in the semiconductor business, the chip division’s new head said in his firs...
Korea Investment manages Vista Land $50 mn global bond issuance
Korea Investment & Securities Co. announced on Thursday that its Hong Kong subsidiary KIS Asia managed the issuance of $50 million in global bon...
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...
Central Asia emerging as South Korea’s new used car export market
South Korea’s export volume of secondhand vehicles to Central Asia is increasing for an unexpected reason: Russia.According to the Korea Inter...
LG Elec opens LG Labs experience pop-up zone
LG Electronics Inc. announced on Wednesday that it will operate the "Wow Life's Good Lab" pop-up zone at Ground 220 in Yeongdeungpo-gu, Seoul, until...
Toss Securities to establish New York subsidiary
South Korea's Toss Securities will establish a subsidiary in New York, the US to to expand its overseas business. The company announced on Tues...
NCSOFT invests in Swedish game startup Moon Rover Games
NCSOFT Corp., a South Korean game developer, said on Tuesday it has made an early stage investment of $3.5 million in Swedish game startup Moon Rove...
KOSME, CJ Olive Young support K-beauty SMEs to enter US
Korea SMEs and Startups Agency (KOSME) announced on Tuesday that it held online and offline marketing and buyer meetings in partnership with CJ Oliv...
Orion to collaborate with Vietnam on potato seed
South Korea’s Orion Corp. announced on Monday that it is strengthening its collaboration with the Institute of Agro-Biology, the Vietnam Natio...
Sovereign wealth fund KIC shortlists three CEO candidates
South Korean sovereign wealth fund Korea Investment Corporation (KIC) has shortlisted three candidates as the next chief executive officer, who will...
Baemin founder strikes out for new trophy platform
Kim Bong-jin, a former chairman and CEO of Woowa Brothers Corp., operator of South Korea’s No. 1 food delivery app Baedal Minjok — Baemi...
Hanwha, Univ. of Surrey to team up for space business
Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, announced on Friday that it signed a memorandum of understan...
Kolmar Korea, Sensient Beauty to co-develop pigments
Kolmar Korea, a supplier to global cosmetics brands such as Estee Lauder, announced on Friday that it signed a memorandum of understanding (MOU) wit...
China is LG H&H’s headache amid global K-beauty boom
South Korean cosmetics giant LG H&H Co. has yet to benefit from the global K-beauty boom due to its heavy dependence on China, the world’s...
Taihan Cable wins $137 mn long-term contract in US
South Korea's Taihan Cable & Solution Co. announced on Thursday that its US sales subsidiary T.E.USA has secured a long-term contract worth 190 ...
