LG Chem, Eni eye JV to build biofuel plant in Korea

LG Chem, Eni eye JV to build biofuel plant in Korea

South Korea’s LG Chem Ltd. and Italy's energy giant Eni Sustainable Mobility (SM) have tentatively agreed to build a hydrotreated vegetable oi...

SK Ecoplant, S.Korean startup to recycle waste fishing nets in SE Asia

SK Ecoplant, S.Korean startup to recycle waste fishing nets in SE Asia

South Korea’s top waste management company SK Ecoplant has joined forces with Netspa, a Busan-based startup for recycling waste fishing nets, ...

SK Enpulse to sell off chip processing units in China

SK Enpulse to sell off chip processing units in China

SK Enpulse Co., a South Korean semiconductor part and equipment maker, said on Wednesday it will sell off its chip pre-manufacturing processing unit...

Paris Baguette to open nine new North American stores in Sept.

Paris Baguette to open nine new North American stores in Sept.

Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Wednesday that it plans to open nine new stores in North America this...

LG Energy Solution eyes US market for ESS

LG Energy Solution eyes US market for ESS

South Korea's LG Energy Solution Ltd. is accelerating its entry into the rapidly growing US market for energy storage systems (ESS).The company on T...

Samsung Bioepis to cooperate with Swiss firm Sandoz

Samsung Bioepis to cooperate with Swiss firm Sandoz

Samsung Bioepis Co., a biopharmaceutical research and development unit under South Korea's Samsung Group, announced on Monday that it signed a partn...

LG Electronics rolls out 118-inch micro LED TV at US trade show

LG Electronics rolls out 118-inch micro LED TV at US trade show

LG Electronics Inc. has launched a second massive micro LED TV for those wanting a premium cinema experience at home.The company on Monday said it u...

Korea Inc. to focus more on India, Vietnam as biz partners

Korea Inc. to focus more on India, Vietnam as biz partners

South Korean companies are set to concentrate more on business with emerging markets including India and Vietnam than Asian major countries such as ...

North Korea’s Kim Jong Un Expected to Meet Putin in Russia

North Korea’s Kim Jong Un Expected to Meet Putin in Russia

WASHINGTON—North Korean leader Kim Jong Un is expected to travel to Russia soon to meet with President Vladimir Putin, U.S. officials said Mon...

Hyundai, Kia hope to turn Indians into EV consumers

Hyundai, Kia hope to turn Indians into EV consumers

CHENNAI, INDIA – When Hyundai Motor Co. decided to establish its operations in Chennai, India, 27 years ago, many of its executives in Seoul q...

L'Oréal keeps door open for more K-beauty acquisitions

L'Oréal keeps door open for more K-beauty acquisitions

L'Oréal S.A., the leading global cosmetics maker, is considering more acquisitions and partnerships in the beauty sector of South Korea, the ...

Korea’s July factory output slows at fastest pace since February

Korea’s July factory output slows at fastest pace since February

South Korea’s factory output contracted at the fastest rate in six months last month on subdued global demand especially from China, while its...

Samsung’s connectivity vs. LG’s sustainability at IFA 2023

Samsung’s connectivity vs. LG’s sustainability at IFA 2023

BERLIN – South Korea’s household names in home electronics are set to show off their high-tech home electronics boasting upgraded connec...

Forbes selects nine S.Korean startups as Asia 100 to Watch

Forbes selects nine S.Korean startups as Asia 100 to Watch

Nine South Korean startups have made it to the "Forbes Asia 100 to Watch 2023" list.According to Forbes on Tuesday, the following companies were sel...

S.Korea exports Hanwoo beef to Cambodia for 1st time

S.Korea exports Hanwoo beef to Cambodia for 1st time

The premium Korean beef Hanwoo was exported to Cambodia on Monday for the first time, marking the culmination of eight years of quarantine negotiati...

DGB Fin to set up asset management firm in Singapore

DGB Fin to set up asset management firm in Singapore

South Korea’s DGB Financial Group is poised to set up an asset management unit in Singapore, its first overseas fund management arm, according...

LG to launch StanbyME Go in North America, Europe

LG to launch StanbyME Go in North America, Europe

LG Electronics Inc. announced on Wednesday its plans to officially roll out its innovative portable screen, StanbyME Go, in North American and Europ...

LS e-Mobility to supply $187 million in EV parts to Hyundai Motor, Kia

LS e-Mobility to supply $187 million in EV parts to Hyundai Motor, Kia

LS e-Mobility Solutions Co., a power transmission parts maker, has won a 250 billion won ($187 million) deal to supply electric vehicle (EV) parts...

CJ Foodville picks Arges PE as preferred negotiator to attract investment

CJ Foodville picks Arges PE as preferred negotiator to attract investment

Arges Private Equity has been chosen as the preferred negotiator for attracting investment in CJ Foodville, the food service subsidiary of South Kor...

Young Poong, Lotte Global Logistics to form battery recycling supply chain

Young Poong, Lotte Global Logistics to form battery recycling supply chain

South Korea’s non-ferrous metal company Young Poong Co. has teamed up with Lotte Global Logistics Co. to form a supply chain system for recycl...

Hanwha Q Cells expects windfall gain from Chinese rivals’ woes

Hanwha Q Cells expects windfall gain from Chinese rivals’ woes

Hanwha Q Cells Co., a solar power unit of South Korean conglomerate Hanwha Group, is expected to enjoy a windfall gain from the US government’...

Korea taps Greyhound Capital, Headline Asia as venture fund managers

Korea taps Greyhound Capital, Headline Asia as venture fund managers

South Korean Ministry of SMEs and Startups announced the results of selecting global fund management companies for the year 2023 on Monday. The chos...

Seoul’s slow but enduring push to be Asia’s premier financial hub

Seoul’s slow but enduring push to be Asia’s premier financial hub

It is a long-cherished dream of Seoul, the capital city of South Korea, to present itself to the world as Asia’s prime financial hub, but the ...

EcoPro BM, SK On, Ford to invest $886 mn to build cathode plant in Canada

 EcoPro BM, SK On, Ford to invest $886 mn to build cathode plant in Canada

EcoPro BM Co., South Korea’s leading battery material producer, will invest $886 million jointly with SK On Co. and Ford Motor Co. to build a ...

SK Biopharm to export epilepsy drug tech to Middle Eastern firm

SK Biopharm to export epilepsy drug tech to Middle Eastern firm

South Korea's SK Biopharmaceuticals announced on Friday a strategic tie-up with Hikma MENA FZE, marking the introduction of its new epilepsy medicat...

Camp David Summit to Unite U.S., South Korea, Japan

Camp David Summit to Unite U.S., South Korea, Japan

WASHINGTON—A new trilateral alliance linking the U.S., South Korea and Japan will enhance cooperation among the nations in key areas, includin...

Tokio Marine seeks to sell SE Asia units to S.Korean companies

Tokio Marine seeks to sell SE Asia units to S.Korean companies

Japanese insurer Tokio Marine Holdings Inc. is seeking to sell its units in Southeast Asia for $1 billion to major South Korean companies looking fo...

Cosmax opens Asia's largest cosmetics plant in China

Cosmax opens Asia's largest cosmetics plant in China

Cosmax Inc., South Korea's biggest cosmetics maker using original design manufacturing (ODM), has opened Asia's largest cosmetics plant in China. ...

Korean game developers look to revive heyday with reboots of old hits

Korean game developers look to revive heyday with reboots of old hits

South Korea’s game developers are rushing to remake classic titles to recover profitability by appealing to former fans with hit intellectual ...

Hanwha, Shell join S.Korea-Malaysia carbon capture project

Hanwha, Shell join S.Korea-Malaysia carbon capture project

Korea National Oil Corp., Hanwha Corp., Air Liquide Korea and Shell have become the latest entities to join the Shepherd CCS project, a major cross-...

JKL Partners to acquire $150 mn cult-favorite bagel chain London Bagel Museum Kolon's early bets on para-aramid recovery pays off amid AI boom Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge 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