Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner

Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner

Samsung Heavy Industries Co., a major South Korean shipbuilder, has signed a preliminary agreement worth 869.4 billion won ($635 million) with an Af...

Wycombe Abbey to establish 1st Korean campus in Incheon’s Midan City

Wycombe Abbey to establish 1st Korean campus in Incheon’s Midan City

Wycombe Abbey, one of the UK’s leading independent boarding schools, has been chosen as the top bidder to establish an international school in...

Naver Band surpasses 6 mn MAU in US

Naver Band surpasses 6 mn MAU in US

South Korea’s Naver Corp. said on Friday its group-based social media platform Band reached 6.04 million monthly active users (MAU) in the Uni...

LG CNS gets Google Cloud GenAI certification

LG CNS gets Google Cloud GenAI certification

South Korea's LG CNS said on Thursday that it obtained Google Cloud's Generative AI (GenAI)Service Specialization certification.It's the first Asian...

S.Korean defense firms stand to gain if Harris wins Nov. election

S.Korean defense firms stand to gain if Harris wins Nov. election

Defense companies will stand to gain the most among South Korean companies if US Vice President Kamala Harris wins the US presidential election next...

Hyundai Motor, Kia to boost partnership with RISD

Hyundai Motor, Kia to boost partnership with RISD

Hyundai Motor Co. and Kia Corp. said on Friday they strengthened their partnership with the renowned US art school, Rhode Island School of Design (R...

Samsung tops US consumer TV satisfaction study

Samsung tops US consumer TV satisfaction study

Samsung Electronics Co. ranked as the top TV brand for consumer satisfaction in the US, according to the 2024 American Customer Satisfaction Index (...

AB InBev's Oriental Brewery buys Jeju Soju from Shinsegae

AB InBev's Oriental Brewery buys Jeju Soju from Shinsegae

Oriental Brewery Co. (OB), a unit of the world’s largest beer company AB InBev, agreed on Wednesday to purchase Jeju Soju from Shinsegae L&...

Hyundai Motor Group to nurture young talent in Indonesia

Hyundai Motor Group to nurture young talent in Indonesia

Hyundai Motor Group said on Wednesday that it held the inaugural ceremony for the first cohort of H-Jump School Indonesia in Jakarta, Indonesia, the...

Suprema wins security projects in African countries

Suprema wins security projects in African countries

South Korea’s Suprema Inc., an artificial intelligence (AI)-based security company, said on Monday it won a contract to supply its fingerprint...

SK Earthon wins Australian carbon storage exploration rights

SK Earthon wins Australian carbon storage exploration rights

SK Earthon Co., the energy resources exploration and production (E&P) unit of South Korea’s top energy company SK Innovation Co., will spe...

LG CNS, Aeon to collaborate on EdTech in Japan

LG CNS, Aeon to collaborate on EdTech in Japan

South Korea's LG CNS announced on Thursday it signed a memorandum of understanding (MOU) with Aeon, an education company operating over 300 direct l...

Ineos, Hanwha mull joint US low-carbon ammonia project

Ineos, Hanwha mull joint US low-carbon ammonia project

Global chemical company Ineos Group Ltd. and South Korea’s Hanwha Group have teamed up to assess building a low-carbon ammonia facility in the...

NPS corp governance committee taps SNU professor as member

NPS corp governance committee taps SNU professor as member

A corporate governance committee of South Korea’s National Pension Service (NPS), the world's third-largest pension fund, has named a Seoul Na...

Mathpresso throws down the gauntlet in US edtech market

Mathpresso throws down the gauntlet in US edtech market

Mathpresso Inc., a South Korean startup operating the Google-backed learning app Qanda, has released its first study app catering to US university s...

Bibigo, K-food a success case in Harvard Business School study

Bibigo, K-food a success case in Harvard Business School study

Harvard Business School students are set to study the success of South Korean foods in the global market through the case of Bibigo, the leading bra...

S.Korea needs 35,000 additional foreign workers: study

S.Korea needs 35,000 additional foreign workers: study

The South Korean government plans to issue non-professional employment (E-9) visas to 165,000 foreign workers this year. However, claims have arisen...

KAIST, MIT jointly open Quantum Winter School

KAIST, MIT jointly open Quantum Winter School

The Korea Advanced Institute of Science and Technology (KAIST) announced on Monday that it is partnering with the Massachusetts Institute of Techn...

Academics say no scientific proof for LK-99 as superconductor

Academics say no scientific proof for LK-99 as superconductor

South Korean academics have concluded the material, dubbed “LK-99,” lacks scientific proof to be recognized as a room-temperature and am...

DL E&C, KBR to co-work for SAF project

DL E&C, KBR to co-work for SAF project

South Korea’s DL E&C Co. announced on Wednesday that it signed a feasibility study contract with Kellogg Brown & Root (KBR) Inc., the ...

KG Mobility unveils Torres in Egypt

KG Mobility unveils Torres in Egypt

South Korean automaker KG Mobility Corp. said on Wednesday that the company unveiled its mid-sized sport utility vehicle (SUV) Torres in Egypt, aimi...

Naver Band surpasses 5 million MAU in US

Naver Band surpasses 5 million MAU in US

South Korea’s Naver Corp. announced Thursday the monthly active user (MAU) of its community social networking platform Naver Band surpassed 5 ...

Naver Cloud to offer edutech service in Mongolia

Naver Cloud to offer edutech service in Mongolia

South Korea's Naver Cloud, the cloud computing arm of Naver Corp., announced on Tuesday it will participate in the Digital Classroom Project of Mong...

Paris Baguette to enter Middle Eastern halal market

Paris Baguette to enter Middle Eastern halal market

Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Monday it has signed a memorandum of understanding (MOU) with UAE-b...

South Korea attracts more African countries to food project

South Korea attracts more African countries to food project

South Korea is increasing the number of African countries participating in its official development assistance (ODA) project to alleviate the chroni...

Hyundai partners with University of London for African market strategy

Hyundai partners with University of London for African market strategy

Hyundai Motor Group announced on Friday its plan to establish two research centers in conjunction with the University of London (UoL) to delve int...

Hyundai Motor clinches top spot in Indian dealer satisfaction study

Hyundai Motor clinches top spot in Indian dealer satisfaction study

South Korea’s Hyundai Motor Co. has emerged as the leader in India’s mass-market satisfaction segment, according to an annual survey by ...

Hanwha Ocean, ABS to join forces for LCO2 carrier study

Hanwha Ocean, ABS to join forces for LCO2 carrier study

South Korean shipbuilder Hanwha Ocean Co. said Thursday that it has signed a four-way agreement with global entities in the shipping industry to bui...

Samsung’s canine love rewarded as its guide dog school turns 30

Samsung’s canine love rewarded as its guide dog school turns 30

Back in the 1990s, South Korea was internationally denounced as a country where people eat dog meat.People hardly recognized nor paid attention to t...

S.Korea to extend $6 bn in financing for African projects

S.Korea to extend $6 bn in financing for African projects

BUSAN – South Korea will offer $6 billion in cheap loans and funds to domestic companies between 2024 and 2025 to finance their construction a...

Seoul signals agricultural market access on tariff talks table amid intensifying US trade pressure Korea’s top four financial holding firms post stellar Q2 profit on won, non-interest gains KB Asset poised to buy Signature Tower in Seoul for over $700 mn SK Nexilis, LG Energy revive supply ties as US seeks China decoupling Hyundai Mobis defies tariff headwinds with 37% jump in Q2 profit