Korean Air gears up to normalize international flights

Korean Air Lines Co., the country’s top carrier, is set to take measures to normalize international flights as nations worldwide are opening u...

Axiom Space invites Koreans to $500 million space hotel fundraising

Axiom Space Inc., which is developing the world’s first commercial space station, is seeking to raise $500 million from South Korean investors...

Samsung Bioepis’ SB12 shows same clinical effects as Alexion’s Soliris

Samsung Bioepis Co., a biopharmaceutical unit of Samsung Group, said its SB12, a proposed biosimilar to Alexion Pharmaceuticals Inc.’s rare bl...

North Korea missile tests drawing tougher response from US, South Korea

SEOUL—The U.S. and South Korea are responding to North Korea’s unprecedented number of missile tests this year with a greater show of ...

Hyundai revs up car output amid signs of easing auto chip crunch

As the global chip supply shortage shows signs of easing, South Korea’s top automaker Hyundai Motor Co. is working down its order backlog by...

North Korea fires three missiles after Biden ends Asia trip

TOKYO — North Korea fired a suspected intercontinental ballistic missile early Wednesday that flew only briefly before landing in the sea east o...

Hyundai Wia likely to deploy smart robots at Georgia EV plant

Hyundai Wia Corp., an auto parts unit of Hyundai Motor Group, will likely deploy smart robots at the group’s first dedicated electric vehicle ...

POBA targets upper-middle market in North America for PD investment

Public Officials Benefit Association (POBA) of South Korea will keep its conservative stance in both private equity and private debt investment, whi...

Lotte Hotel Yangon: Pain for POSCO International, Hotel Lotte

South Korea’s POSCO International Corp. and Hotel Lotte Co. have been suffering from sluggish earnings of their five-star hotel in Yangon, Mya...

Korean agricultural machinery maker to expand US production

South Korea’s major farm machinery maker is set to invest $20 million in manufacturing facilities in the US state of Georgia, to expand its bu...

Kakao to merge US webtoon, web novel platforms

South Korea’s Kakao Entertainment Co. is set to merge Tapas Media Inc. and Radish Fiction Inc., its webtoon and mobile novel platforms in Nort...

Hyundai Motor to build LNG plant to power its factories

Hyundai Motor Co. plans to build a liquefied natural gas-fueled power plant to secure a stable supply of electricity for its factories and embrace t...

LG Electronics receives ISO certification for auto chip technology

LG Electronics Inc., a leading South Korean home appliance maker, has received ISO certification for its automotive chip development process, includ...

Genesis posts sales growth in US as other auto brands suffer

Hyundai Motor Co. said on Wednesday its premium Genesis brand saw its US car sales considerably grow in April when all other major carmakers reporte...

Hyundai Motor, battery firms strive to limit China lockdown disruptions

The growing fears of a Beijing lockdown are prompting South Korea’s top automaker Hyundai Motor Co. and battery makers, already suffering from...

Hyundai Mobis taps two Japanese auto experts to boost sales

South Korea’s Hyundai Mobis Co. has tapped two Japanese auto experts to accelerate its business in Japan, the company announced on April 27. T...

LX International’s value soars on cryptocurrency, GAM mine in Indonesia

LX International Corp., the trading unit of South Korea’s LX Group, has seen its enterprise value rise by two-thirds over the past three month...

KT showcases AI-powered robots, traffic control program at tech fair

KT Corp., a major South Korean telecommunications company, unveiled its new digital transformation services using artificial intelligence, big data ...

SK Telecom’s bet on air mobility, metaverse in full display at World IT Show

SK Telecom Co. is poised to show off its latest services at this year’s World IT Show slated for three days from April 20. At the large...

Korean Air’s stock lags US peers' on slow demand recovery

Korean Air Lines Co.’s stock is underperforming those of its US rivals on concerns that South Korea’s top carrier is unlikely to immedia...

Korea Post to hire two GPs for global infrastructure debt

  Korea Post, South Korea's state-run postal service agency, said on April 14 that its insurance arm will select two asset managers for a maxi...

Auto shares bounce back with foreigners' net buying

South Korean auto shares are showing some signs of a rebound after a long downtrend since the second half of last year. Foreign investors have ret...

Hyundai’s Chung named auto industry Visionary of the Year

Hyundai Motor Group Chairman Chung Euisun was named the automobile industry's Visionary of the Year by Newsweek, which credited him for driving tran...

Hyundai to tackle EV rivals head on at New York auto show

NEW YORK – Hyundai Motor Co. and its affiliate Kia Corp. are set to fully unveil their redesigned vehicles at the upcoming New York Auto Show ...

Kumho Tire, labor union in tug of war over international plants

Kumho Tire Co., South Korea’s No. 2 tire maker, struggled to agree with its unionized workers on more overseas plants although the company des...

JYP Entertainment stocks skyrocket 70% in three months

Shares of JYP Entertainment Inc. have been skyrocketing in recent months. The record label stocks jumped more than 70% from its lowest price point s...

FTC pushes to monitor foreign conglomerate owners

South Korea’s Fair Trade Commission (FTC) is one step closer to including foreign nationals to its list of owner-cum-heads of conglomerates ...

Carlyle, Solvay show interest in Korea's PI Advanced

PI Advanced Materials Co., the world’s largest polyimide (PI) film manufacturer, has drawn about 10 preliminary bidders, including The Carlyle...

Samsung’s Life Science Fund invests in US biotech Jaguar Gene Therapy

Samsung Group’s 150 billion won ($124 million) Life Science Fund launched last year has chosen a leading US gene therapy development company a...

The pendulum in international affairs

As regular readers of my memos and books know, I’m strongly interested in – you might say obsessed with – the concept of the pen...