S.Korea, Airbus plan to open domestic tech research center
South Korea and European aircraft maker Airbus Group will open a technology research center in the country and discuss boosting cooperation in suppl...
Korean dept stores to lure foreigners with K-pop, festival
South Korean department stores are set to launch various programs such as a festival and sales of K-pop star merchandise to attract foreign tourists...
S.Korea’s public spending on maternity, child care falls short of OECD average
South Korea’s government budget for tackling the nation's low birth rate has risen to 2.25% of GDP, but housing support accounts for a major p...
BTS Forest created in Seoul by fans' donations
“BTS Forest” has been created in Seoul’s Nanji Hangang Park, South Korea’s largest music streaming service Melon announced o...
WeMade signs MOU with Ministry of Investment Saudi Arabia
South Korea's game publisher WeMade Co. announced on Tuesday that it has signed a memorandum of understanding (MOU) with the Ministry of Investment ...
SocGen dumps Korean stocks, likely due to client margin calls
Société Générale S.A. (SocGen) on Monday dumped South Korean shares sending their prices to daily limit lows, which loca...
Samsung Life buys 20% of French asset manager Meridiam
Samsung Life Insurance, managing 223.1 trillion won ($167.5 billion) in assets, has acquired a 20% stake in Paris-based infrastructure investment fi...
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
South Korean and Japanese businesspeople form a study group to strengthen economic cooperation between the two countries.The Korea Chamber of Commer...
S.Korean gov't to support domestic startups in Saudi Arabia entry
South Korea's Ministry of SMEs and Startups held on Wednesday the "K-Deep Tech Startup Meetup" event at Startup Alliance & Space in Gangnam dist...
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
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 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 Asset Management Co., the largest real estate investment firm in South Korea, and US private equity giant KKR & Co. have indefinitely postp...
S.Korea to dispatch key minerals investigation teams to Chile, Argentina
South Korean government will dispatch a public-private partnership key minerals business survey team to Chile and Argentina to revitalize overseas r...
S.Korea plans to make digital platform gov't based on large-scale AI
South Korean government is pursuing various measures to nurture talent as a way to secure national competitiveness in the AI industry as represented...
POSCO conducts pilot release of rare metal ferrochrome
South Korea's steelmaker POSCO and the government-run Korea Mine Rehabilitation and Mineral Resources Corp. (KOMIR) on Friday announced the first pi...
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
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
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...
S.Korea plans to launch its own version of NASA this year
South Korea's Cabinet on Tuesday passed a bill on the launch this year of the nation's own version of the US National Aeronautics and Space Administ...
S.Korea to focus on secondary batteries, lunar landing vehicles
The Korean government has decided to develop electric vehicle batteries that can travel more than 600 km on a single charge and lunar landing vehicl...
S.Korea to support nuclear power SMEs
South Korea's the ministry of SMEs and Startups will invest 675 billion won ($513 million) by 2027 to revive small- and middle-sized nuclear power c...
Foreigners can enter S.Korean casino without physical passport
Visitors to South Korea will be able to enjoy tax-free shopping and casino experiences with ease, thanks to the mobile passport identity verificatio...
S.Korea to invest $24 mn in fostering future car industry workforce
South Korea will invest 31.5 billion won ($23.96 million) this year to train over 3,700 core personnel in future car technologies, including autonom...
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...
S.Korea invests $763.4 mn in strategic tech IP like aerospace, robotics
The South Korean government will inject this year budget of 1 trillion won ($763.4 million) in intellectual property (IP)-related projects.The Presi...
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 ...
NPS to launch committee for portfolio firms' governance improvement
South Korea’s National Pension Service (NPS), one of the world’s largest pension funds, is slated to establish a committee to improve th...
Clearstream acquires QFI status from S.Korea's National Tax Service
Korea Securities Depository announced on Wednesday that Clearstream, the operator of the International Central Securities Depository (ICSD), had obt...
