S.Korea’s extra budget approved; IBs lift economic forecast
South Korea’s National Assembly, controlled by the ruling Democratic Party, on Friday passed the country’s new extra budget worth 31.8 t...
Kia to make, sell China-launched EV5 in Korea to keep top spot
Kia Corp., South Korea’s second-largest automaker, plans to manufacture and sell the EV5, its first China-made all-electric vehicle, at home t...
South Korea unveils $14.6 billion 2nd extra budget to spur growth
South Korea’s new administration on Thursday proposed an additional 20.2 trillion won ($14.6 billion) extra government spending to stimulate d...
SK, AWS to build South Korea’s largest, multibillion-dollar AI data center
South Korea’s second-largest conglomerate SK and Amazon Web Services Inc. (AWS), the world's largest cloud platform provider, will build a 103...
Maybe Happy Ending sweeps Tony Awards with six wins
"Maybe Happy Ending" swept the Tony Awards on Sunday, taking home six trophies, including for Best Musical, and the first time a Korean-originated p...
Asian manufacturing activity stumbles again under weight of Trump tariffs
Factory activity slowed across much of Asia in May as uncertainty over U.S. tariffs continued to cause steep declines in new orders, purchasing ma...
SpaceX’s Starlink, Eutelsat’s OneWeb land in Korea for LEO satellite services
South Korea has officially cleared the way for low-earth orbit (LEO) satellite internet services, granting regulatory approval for SpaceX’s St...
Netmarble set to spark subculture craze at Summer Game Fest
Netmarble Corp., South Korea’s leading game developer and publisher, is seeking to capitalize on the surging global demand for so-called subcu...
Samsung to equip Galaxy Z Flip7 with Exynos AP at home
Samsung Electronics Co. plans to power its upcoming foldable smartphone with its new in-house application processor (AP), marking a significant step...
UK chip testing device maker TeraView seeks Kosdaq debut
TeraView Ltd., a UK semiconductor inspection device maker, is aiming to list on South Korea’s Kosdaq market in the second half of this year, i...
Maybe Happy Ending: A robot love story that rewrote Broadway playbook
On an unremarkable evening in November 2024, inside the opulent Belasco Theatre in Manhattan, something quietly historic was taking place.A delicate...
LG Electronics eyes India IPO delay, says plan in flux
LG Electronics Inc. is mulling putting off an initial public offering of its wholly owned subsidiary in India amid growing volatility in the global ...
Orion behind original Choco Pie to invest $580 million in new plants
Orion Corp., a South Korean confectionery and snack manufacturer, will inject 830 billion won ($580 million) over three years to expand snack manufa...
South Korean defense industry thriving on strong overseas demand
The South Korean defense industry's current heyday is expected to continue for a while as global demand for Korean-made weapons and combat systems h...
Celltrion wins Australian approval for eye, bone disease biosimilars
Celltrion Inc. said Wednesday it has received regulatory approval from Australia’s Therapeutic Goods Administration (TGA) for three biosimilar...
Hyundai premieres all-new NEXO, reinforcing hydrogen power
Hyundai Motor Co. on Thursday unveiled the all-new NEXO, the first full-change model of the fuel cell electric vehicle (FCEV) since its launch in 20...
Alaska governor seeks Korean partners for $44 bn LNG project
Alaska Governor Mike Dunleavy arrived in South Korea on Monday to hold a series of one-on-one meetings with top executives from Korean energy and st...
LG Energy, Doosan Bobcat tie up for construction equipment battery packs
LG Energy Solution Ltd., the world’s third-largest battery maker, and Doosan Bobcat Inc., a global construction machinery producer, said on We...
SK Hynix ships world’s first 12-layer HBM4 samples early
South Korean memory chip giant SK Hynix Inc. has begun delivering samples of the world’s most advanced, next-generation high bandwidth memory ...
Hyundai Motor to build fuel cell plant in South Korea
Hyundai Motor Co. will build a local fuel cell plant in South Korea, accelerating its bid to create an entire hydrogen fuel cell value chain in line...
Hyundai Rotem inks $1.5 bn Morocco train supply deal
South Korea’s Hyundai Rotem Co. said on Wednesday it has won a 2.2 trillion won ($1.5 billion) train order from Morocco, the biggest single de...
HD Hyundai Marine sets sights on LNG vessel retrofitting in Trump era
While the global shipbuilding industry was reeling from the economic slowdown in recent years, South Korea’s HD Hyundai Marine Solution Co., a...
Hanwha Aerospace nears $276 million K9 howitzer deal with Vietnam
South Korea’s Hanwha Aerospace Co. is close to signing a 400 billion won ($276 million) deal to export as many as 30 units of the K9 Thunder s...
Mirae Asset invests $200 mn in LS Group affiliate in US
South Korea's Mirae Asset Global Investments said on Sunday it invested $200 million in Essex Solutions, a US magnet wire manufacturing affiliate un...
India to acquire 100 units of Hanwha Aerospace’s K9 howitzers via L&T
India will acquire 100 units of the K9 self-propelled howitzers developed by South Korea’s Hanwha Aerospace Co. from Larsen & Toubro (L&am...
Baby Shark receives three Emmy nominations
South Korea's The Pinkfong Company, popularly known for its "Baby Shark" character, said on Friday that "Baby Shark’s Big Movie" received thre...
Doosan Enerbility to supply TerraPower's SMR equipment
South Korea's Doosan Enerbility Co. said on Thursday it signed a contract with TerraPower to supply the equipments for small modular reactor (SMR).T...
Foreign workers in S.Korea surpasses 1 million
The number of foreign workers in South Korea has broken past the 1 million mark.According to Statistics Korea on Tuesday, as of May, there were 1.56...
Lotte to supply advanced copper foil to Doosan for Nvidia’s Blackwell
Lotte Energy Materials Corp., a leading South Korean battery materials maker, said on Tuesday it will supply advanced copper foil to Doosan Corp.'s&...
POSCO Future M develops technology to make electrode rods
POSCO Future M Co., a battery material and steel manufacturing equipment supplier, said on Thursday it has developed electrode rod manufacturing tec...
