Avikus to launch system for self-driving leisure boats

Avikus to launch system for self-driving leisure boats

Avikus, the autonomous navigation solutions affiliate of South Korean conglomerate HD Hyundai Co., will launch New Boat Dock, a self-driving system ...

Hyundai promotes Busan’s bid for 2030 World Expo in India with IONIQ 5

Hyundai promotes Busan’s bid for 2030 World Expo in India with IONIQ 5

Hyundai Motor Co. supported Busan’s bid to host the 2030 World Expo with IONIQ 5 covered with graffiti reading “Busan is Ready” in...

S.Korea, Indonesia to bolster high-tech partnership

S.Korea, Indonesia to bolster high-tech partnership

JAKARTA, Indonesia -- South Korea and Indonesia have affirmed their commitment to expanding the scope of business cooperation from high tech to food...

SK E&S signs PPA agreement with Iljin Group affiliates

SK E&S signs PPA agreement with Iljin Group affiliates

South Korea's SK E&S announced on Friday that it has entered into a direct power purchase agreement (PPA) with Iljin Global and Bearing Art, bot...

KB Financial Vice Chairman Yang named sole chairman candidate

KB Financial Vice Chairman Yang named sole chairman candidate

KB Financial Group Inc. has chosen Yang Jong-hee, its vice chairman, as the sole candidate for its next chief in charge of South Korea’s leadi...

Qualcomm, Samsung execute tech to improve 5G performance

Qualcomm, Samsung execute tech to improve 5G performance

Qualcomm Inc., the leading global mobile chip maker, and Samsung Electronics Co., the world’s second-largest smartphone manufacturer, have suc...

S.Korea to receive $1 bn in unpaid bills from Uzbek gas project

S.Korea to receive $1 bn in unpaid bills from Uzbek gas project

South Korean firms are poised to receive $1 billion in unpaid bill that has accumulated since 2017 from Uzbekistan’s Surgil gas project as the...

SK Ecoplant to build data center linked to landing station in Pohang

SK Ecoplant to build data center linked to landing station in Pohang

South Korea's SK Ecoplant is set to establish, for the first time in South Korea, a global data center linked to a landing station in Pohang, North ...

S.Korea posts current surplus on bigger import decline in July

S.Korea posts current surplus on bigger import decline in July

South Korea maintained a surplus in the current account balance for the third consecutive month in July, driven by its positive goods trade balance ...

Hanwha Ocean recognized for eco-friendly tech at Gastech 2023

Hanwha Ocean recognized for eco-friendly tech at Gastech 2023

South Korea's Hanwha Ocean Co. said on Friday that it had received key environmental certifications from two leading maritime classification societi...

S.Korea inks FTA with Philippines, boon to Korean car exports   

S.Korea inks FTA with Philippines, boon to Korean car exports   

South Korea has signed a free trade pact with the Philippines, which is expected to bolster Korean car exports to the Southeast Asian country with a...

S.Korea's Eximbank, Australia's EFA sign MOU on mineral supply chains

S.Korea's Eximbank, Australia's EFA sign MOU on mineral supply chains

The Export-Import Bank of Korea (Eximbank) on Thursday in Seoul signed a memorandum of understanding with Export Finance Australia (EFA) on cooperat...

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 ...

S.Korea’s web novel sector hits $750 mn in value: Study

S.Korea’s web novel sector hits $750 mn in value: Study

South Korea's rising web novel industry, which has seen popular works like "Reborn Rich" and "The Red Sleeve" made into TV series, has exceeded 1 tr...

AriBio applies for Phase 3 clinical trials in China for oral dementia drug

AriBio applies for Phase 3 clinical trials in China for oral dementia drug

South Korean clinical-stage biotech company AriBio Co. on Thursday said it applied for Phase 3 clinical trials on the anti-Alzheimer's candidate t...

POSCO Int'l, Equinor tie up for Ulsan offshore wind project

POSCO Int'l, Equinor tie up for Ulsan offshore wind project

POSCO International Corp., a South Korean energy and trading arm of steel behemoth POSCO Holdings Inc., signed a memorandum of understanding on Thur...

Snack maker Orion earns dividends from Vietnam for 1st time

Snack maker Orion earns dividends from Vietnam for 1st time

South Korea’s confectionery and snack manufacturer Orion Corp. collected dividends from its Vietnamese unit for the first time as the company ...

Daewoong gets patent of Nabota as migraine drug in US

Daewoong gets patent of Nabota as migraine drug in US

South Korea's Daewoong Pharmaceutical Co. announced on Thursday that it has received a patent from the US Patent and Trademark Office for the use of...

LG seeks outside innovators' ideas on new growth drivers at Superstart Day    

LG seeks outside innovators' ideas on new growth drivers at Superstart Day    

LG Group, South Korea’s fourth-largest business group, is actively embracing collaboration with outside innovators to foster its new growth dr...

Samsung releases Galaxy Z Fold5 Thom Browne edition

Samsung releases Galaxy Z Fold5 Thom Browne edition

Samsung Electronics Co. announced on Thursday that it will unveil the Galaxy Z Fold5 Thom Browne edition, a foldable smartphone created in collabora...

Amorepacific's Hera enters Japanese market

Amorepacific's Hera enters Japanese market

South Korea's Amorepacific Corp. announced on Thursday that its premium color cosmetics brand Hera has launched in Japan, signaling a significant mo...

Samsung Electronics avoids EU’s digital market regulations  

Samsung Electronics avoids EU’s digital market regulations  

Samsung Electronics Co. has steered clear of the European Union’s new set of regulations designed to rein in the dominance of Big Tech compani...

Hanwha vice chair pitches submarines to Polish president

Hanwha vice chair pitches submarines to Polish president

Hanwha Group Vice Chairman Kim Dong-kwan is stepping up efforts to win Poland's high-profile submarine project worth an estimated 3 trillion won ($2...

S.Korean food company hy boosts cosmetics unit

S.Korean food company hy boosts cosmetics unit

South Korea’s hy, formerly Korea Yakult, has launched cosmetics made with fermented products using its self-developed lactic acid bacteria, ex...

S.Korea's Lotte Group helps SMEs penetrate Indonesian market

S.Korea's Lotte Group helps SMEs penetrate Indonesian market

South Korea's Lotte Group through Friday is holding the event Korea Expo in Jakarta in the Indonesian capital with the Korea Trade-Investment Promot...

Aramco, PIF chief to meet key South Korean figures this week

Aramco, PIF chief to meet key South Korean figures this week

Yasir Othman Al-Rumayyan, chairman of the world’s top oil company Saudi Arabian Oil Co. (Aramco) and governor of the kingdom’s sovereign...

India, LG’s land of promise with young, rich population

India, LG’s land of promise with young, rich population

NOIDA, India -- LG Electronics Inc., the leading global home appliance maker, plans to build a new electronics plant in India to cement its dominant...

Over 130 Chinese travel industry officials visit S.Korea

Over 130 Chinese travel industry officials visit S.Korea

Since the Chinese government allowed its citizens to participate in group tours to South Korea last month, Chinese travel industry representatives h...

Yungjin Pharm's new drug candidate gets Fast Track from FDA

Yungjin Pharm's new drug candidate gets Fast Track from FDA

South Korea's Yungjin Pharm has secured Fast Track designation from the US Food and Drug Administration (FDA) for its new drug candidate KL1333, des...

KT, Vector Institute to cooperate for hyperscale AI

KT, Vector Institute to cooperate for hyperscale AI

South Korea's KT Corp. announced on Wednesday that it has been in talks with Canada's Vector Institute to explore collaborative opportunities in the...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal