Mirae Asset puts HI Investment headquarters on the market

Mirae Asset puts HI Investment headquarters on the market

South Korea’s Mirae Asset Global Investments Co. is seeking to sell off HI Investment & Securities Co. headquarters, the value of which is...

POSCO International, GS Caltex to build palm oil refinery in Indonesia

POSCO International, GS Caltex to build palm oil refinery in Indonesia

South Korea’s POSCO International Corp. and GS Caltex Corp. on Thursday signed a $210 million deal to build a bio feedstock refinery facility ...

Mirae Asset Securities puts its Yeouido building on the market

Mirae Asset Securities puts its Yeouido building on the market

Mirae Asset Securities Co. is seeking to sell off its Seoul-based office building, the value of which is estimated at around 300 billion won ($223.7...

Seoul to launch AI chatbot service for foreign visitors' tour planning

Seoul to launch AI chatbot service for foreign visitors' tour planning

Seoul city government is in talks with tech firms including Google LLC, Microsoft Corp. and Naver Corp. to provide foreigners with artificial intell...

LG Chem to supply cathode materials to Toyota's N.American plant

LG Chem to supply cathode materials to Toyota's N.American plant

LG Chem Ltd. will supply cathode materials to Toyota Motor's North American battery plant, with the South Korean company concluding its second long-...

Daesang holds kimchi pop-up event in Seoul

Daesang holds kimchi pop-up event in Seoul

South Korean food company Daesang Corp. on Friday said it is holding through Oct. 15 the country’s first kimchi pop-up store “Kimchi Bla...

Canada's Tim Hortons to open 2nd store in Gangnam

Canada's Tim Hortons to open 2nd store in Gangnam

Canada's No. 1 coffee chain Tim Hortons announced on Thursday that it plans to establish its second South Korean flagship store at the bustling Te...

SK Telecom enters Japan's pet care market

SK Telecom enters Japan's pet care market

South Korea’s SK Telecom Co. has entered the Japanese pet market using its innovative artificial intelligence (AI) under a tie-up with Japan&r...

SK Ecoplant, Ascend Elements in $66 mn US battery recycling JV deal

SK Ecoplant, Ascend Elements in $66 mn US battery recycling JV deal

SK Ecoplant Co., a South Korean construction engineering and waste management firm, and its two overseas affiliates are launching a $65.8 million ba...

Celltrion signs largest-ever quarterly deal with global sales affiliate

Celltrion signs largest-ever quarterly deal with global sales affiliate

Celltrion Inc., a South Korean biopharmaceutical giant, said Monday it will provide biosimilars worth 423.6 billion won ($323.6 million), its larges...

Taihan Cable bags $60 mn high-voltage power grid deal in Bahrain

Taihan Cable bags $60 mn high-voltage power grid deal in Bahrain

Taihan Cable & Solution Co., a South Korean major cable manufacturer, has won its first-ever order in Bahrain, worth about $60 million, to build...

LG Energy may partner with JSW to make EV batteries in India

LG Energy may partner with JSW to make EV batteries in India

South Korea’s LG Energy Solution Ltd., one of the world’s largest battery makers, is in talks with Indian steel-to-energy conglomerate J...

Seoul envisions its own Hudson Yards in the city's east end

Seoul envisions its own Hudson Yards in the city's east end

Seoul, the capital of South Korea for more than six centuries since the Joseon dynasty, is poised to revamp its city planning for the next century w...

SK Chemicals to sell pharmaceutical unit to Glenwood PE

SK Chemicals to sell pharmaceutical unit to Glenwood PE

SK Chemicals Co., a South Korean plastic materials producer, is in exclusive talks with Seoul-based Glenwood Private Equity to sell its pharmaceutic...

Woori, HMM, KOBC to buy bulk carrier operator Polaris

Woori, HMM, KOBC to buy bulk carrier operator Polaris

South Korean bulk carrier operator Polaris Shipping Co. is poised to sell its entire stake at around 600 billion won ($447.5 million) to Woori Priva...

Japanese steelmakers flood South Korea on back of weaker yen

Japanese steelmakers flood South Korea on back of weaker yen

Japanese steelmakers are expanding their market shares in South Korea, backed by the yen's drop against the Korean won to the lowest in eight years....

K-food behind Japanese travelers' rush to S.Korea

K-food behind Japanese travelers' rush to S.Korea

South Korea is actively promoting itself as a foodies’ heaven to invite more Japanese tourists who have already contributed the most to the co...

Doosan Enerbility, KWP to advance power generation tech

Doosan Enerbility, KWP to advance power generation tech

South Korea's heavy industrial company Doosan Enerbility Co. and the government-owned Korea Western Power Co. (KWP) will jointly streamline domestic...

SW based on Hancom's tech released in Taiwan

SW based on Hancom's tech released in Taiwan

South Korea's office suite software maker Hancom Inc. on Monday said it has released Kdan Office, the Taiwanese office software co-developed with gl...

Seoul Semiconductor secures key EV LED patents

Seoul Semiconductor secures key EV LED patents

Seoul Semiconductor Co., the world’s No. 3 light-emitting diode (LED) maker, has secured key patents for LEDs to be used in electric vehicles ...

Samsung Biologics wins $242 mn order from Bristol Myers Squibb

Samsung Biologics wins $242 mn order from Bristol Myers Squibb

Samsung Biologics Co., the world’s largest contract drugmaker, said on Monday it has signed an agreement to produce $242 million worth of anti...

KT to build AI medical R&D innovation zone in Seoul

KT to build AI medical R&D innovation zone in Seoul

South Korean wireless carrier KT Corp. will build an innovation valley for medical research and development (R&D) based on artificial intelligen...

Moderna signs mRNA access deals with S.Korea's universities

Moderna signs mRNA access deals with S.Korea's universities

The US biotech and pharmaceutical company Moderna on Friday announced signings of contracts with the academic-industry cooperation foundations of Ko...

Lotte Mart at Seoul Station redesigned to lure foreign shoppers

Lotte Mart at Seoul Station redesigned to lure foreign shoppers

South Korea’s Lotte Mart reopened its hypermarket at Seoul train station on Thursday following a four-month renovation to attract more foreign...

Wellmarker Bio signs worth of $528 mn tech transfer deal

Wellmarker Bio signs worth of $528 mn tech transfer deal

Wellmarker Bio, South Korea's oncology drug development company, announced on Monday that it has signed a technology transfer agreement with a Europ...

Seoul eyed as possible 2nd Asian base of Gagosian empire

Seoul eyed as possible 2nd Asian base of Gagosian empire

Seoul, which took center stage on the global art scene after successfuly hosting international art fair Frieze’s second edition earlier this m...

Korea’s heavy dependence on China for raw materials deepens

Korea’s heavy dependence on China for raw materials deepens

While the urea crisis in 2021 laid bare South Korea’s heavy dependence on China for basic raw materials, concerns are growing that Korea&rsquo...

Canada's coffee brand Tim Hortons to open store in Gangnam

Canada's coffee brand Tim Hortons to open store in Gangnam

Canada's No. 1 coffee chain Tim Hortons revealed plans on Tuesday to establish its first South Korean flagship store at the bustling intersection of...

Upstage to develop shopping-specific AI with ConnectWave

Upstage to develop shopping-specific AI with ConnectWave

South Korea’s artificial intelligence (AI) startup Upstage on Monday said it will develop a shopping-specific AI service with domestic online ...

HD Hyundai Electric wins $51 mn deal to power Neom megacity

HD Hyundai Electric wins $51 mn deal to power Neom megacity

HD Hyundai Electric Co., the electrical equipment and energy solution company under South Korea’s shipbuilding giant HD Hyundai Co., has won a...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared