Glenwood files $40 mn arbitration claim against Baring PEA

Glenwood files $40 mn arbitration claim against Baring PEA

Glenwood Private Equity has filed an arbitration claim of about 50 billion won ($40 million) against Baring Private Equity Asia (Baring PEA), after ...

KCCI, Seoul Japan Club forms economic study group

KCCI, Seoul Japan Club forms economic study group

South Korean and Japanese businesspeople form a study group to strengthen economic cooperation between the two countries.The Korea Chamber of Commer...

South Korea to Probe Circumstances Around Reported Leak of Classified U.S. Documents

South Korea to Probe Circumstances Around Reported Leak of Classified U.S. Documents

SEOUL—A South Korean official said the government was investigating the circumstances around a leak of highly classified U.S. documents that a...

Korea’s shaved ice dessert bingsu price up 30% on-year on inflation

 Korea’s shaved ice dessert bingsu price up 30% on-year on inflation

Inflation has hit almost every corner of the real economy in South Korea, and the country’s popular summer dessert bingsu is no exception, wit...

Seoul Semiconductor's Sunlike LED is installed in Volvo's new EV

Seoul Semiconductor's Sunlike LED is installed in Volvo's new EV

Seoul Semiconductor Co. Ltd., a South Korean LED light manufacturer, announced on Tuesday that Volvo's new electric sports utility vehicle (SUV) EX9...

IGIS, KKR delay plan to set up Seoul-based real estate JV

IGIS, KKR delay plan to set up Seoul-based real estate JV

IGIS Asset Management Co., the largest real estate investment firm in South Korea, and US private equity giant KKR & Co. have indefinitely postp...

S.Korean supreme court upholds $800 mn fine against Qualcomm

S.Korean supreme court upholds $800 mn fine against Qualcomm

South Korea’s Supreme Court on Thursday reaffirmed the country’s largest-ever penalty of 1.03 trillion won ($800 million) imposed on Qua...

LG Electronics rolls out third-generation Cloi ServeBot

LG Electronics rolls out third-generation Cloi ServeBot

LG Electronics Inc. has rolled out a new serving robot that easily serves soup, boosting the device's performance and customer convenience. The com...

POSCO Group plans talks with former US diplomat

POSCO Group plans talks with former US diplomat

Former US Deputy Secretary of State Stephen Biegun will hold talks with Chairman Choi Jeong-woo of South Korea’s POSCO Group.They will discuss...

LG H&H hosts Korean Royal Court Culture event with Four Seasons Seoul

LG H&H hosts Korean Royal Court Culture event with Four Seasons Seoul

South Korea's major consumer goods company LG H&H Co. announced on Thursday that its cosmetics brand, The History of Whoo, hosts an event called...

Louis Vuitton to launch the third pop-up restaurant in S.Korea

Louis Vuitton to launch the third pop-up restaurant in S.Korea

The French luxury brand Louis Vuitton to open a pop-up restaurant in South Korea. This is the third one since May and September last year. Acco...

Hyundai debuts possible final Sonata, Tesla joins 1st time: Seoul auto show

Hyundai debuts possible final Sonata, Tesla joins 1st time: Seoul auto show

Hyundai Motor Co. may consider discontinuing its steady seller Sonata sedan after the latest edition's release, the company’s chief hinted at ...

Doosan Group opens museum on its corporate history

Doosan Group opens museum on its corporate history

South Korea's Doosan Group on Tuesday opened Doosan Heritage 1896, a museum displaying 127 years of the conglomerate's history, at Doosan Tower in t...

S.Korea's brewery Seoul Jangsu forms marketing tie-up with fashion industry

S.Korea's brewery Seoul Jangsu forms marketing tie-up with fashion industry

With South Korea's traditional milky rice wine makgeolli seeing its second heyday centered on the 20- and 30-something crowds, marketing tie-ups tar...

Trouble with EV charging? Help is just a click away with Hyundai

Trouble with EV charging? Help is just a click away with Hyundai

Having trouble charging your electric vehicle at a charging station?With Hyundai Motor Co.'s automatic EV charging robot, help is just a click away....

Hyundai Motor opens Habitat One exhibition in Seoul

Hyundai Motor opens Habitat One exhibition in Seoul

Hyundai Motor Co. announced on Sunday that it will host a "Habitat One" exhibition at Hyundai Motor Studio Seoul in Gangnam, Seoul, showcasing a fut...

Tmap Mobility, SWM to collaborate in autonomous driving area

Tmap Mobility, SWM to collaborate in autonomous driving area

Tmap Mobility Co., a Korean navigation app company, announced on Friday a business agreement to promote cooperation in autonomous driving technology...

Hyundai Motor, Kia to research EV energy with three universities

Hyundai Motor, Kia to research EV energy with three universities

Hyundai Motor Co. and Kia Corp. will form a research ecosystem for sustainable electric vehicle (EV) energy with Seoul National University, Chung-An...

EQT sees huge potential in security services for S.Korean SMEs

EQT sees huge potential in security services for S.Korean SMEs

The digital security market is rapidly growing in South Korea, one of the world’s fastest-aging countries and amid its soaring labor costs.&nb...

Kia unveils flagship EV9 design; world premiere in March

Kia unveils flagship EV9 design; world premiere in March

Kia Corp. on Wednesday showcased its large flagship electric sport utility vehicle EV9 as the No. 2 South Korean carmaker is extending its EV lineup...

S.Korea to host Asia's largest advertising festival for 1st time since 2007

S.Korea to host Asia's largest advertising festival for 1st time since 2007

Seoul in October will host Asia's largest advertising festival AdAsia. The organizers of this year's event aim to host more than just a conference a...

Governor of Louisiana visits Kumho Tire HQ in Seoul

Governor of Louisiana visits Kumho Tire HQ in Seoul

South Korea's leading tire manufacturer Kumho Tire Co., Inc. announced on Monday that Louisiana Governor John Bel Edwards visited its headquarters i...

SK Networks renames its EV charger unit to SK Electlink

SK Networks renames its EV charger unit to SK Electlink

SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, said on Monday that it has changed t...

Number of commercial building transactions in Seoul hits all-time low

Number of commercial building transactions in Seoul hits all-time low

The number of commercial and office building transactions in Seoul hit an all-time low in January.Realty Planet, a big data-based commercial real es...

Seoul to build world’s 2nd-largest Ferris wheel in 2027

Seoul to build world’s 2nd-largest Ferris wheel in 2027

South Korea’s capital city Seoul will build the world’s second-largest Ferris wheel, the Seoul Ring, on a former landfill site by the en...

Korea's SK Telecom jointly develops AI patrol robots

Korea's SK Telecom jointly develops AI patrol robots

SK Telecom Co., along with its partner firms, will develop artificial intelligence (AI) robots that will replace security guards patrolling around s...

US burger giant Five Guys set for June S.Korea debut

US burger giant Five Guys set for June S.Korea debut

Five Guys, one of the top three burger brands in the US, will open in June its first branch in South Korea in Seoul’s posh Gangnam District. W...

HYBE wins 2nd battle against Kakao over SM Entertainment

HYBE wins 2nd battle against Kakao over SM Entertainment

A South Korean court on Friday ruled in favor of SM Entertainment Co. Founder and former Chief Producer Lee Soo-man to block the company from sellin...

LG Uplus to show off total smart factory solutions at trade show

LG Uplus to show off total smart factory solutions at trade show

LG Uplus Corp., a mobile telecom service carrier in South Korea, announced on Tuesday that it would present a complete set of smart factory solution...

S.Korea’s KT&G engulfed in lawsuit against activist funds

S.Korea’s KT&G engulfed in lawsuit against activist funds

The world’s fifth-largest tobacco maker KT&G’s battle against activist investors intensified as a group of funds sued the South Kore...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale