Hyundai Mobis defies tariff headwinds with 37% jump in Q2 profit

South Korea’s top auto parts maker Hyundai Mobis Co. posted a 36.8% year-on-year rise in second-quarter operating profit, buoyed by a strategi...

K-beauty brands shine among Amazon’s 2025 Prime Day bestsellers

Cosmetics and beauty devices made by South Korean companies dominated Amazon’s biggest summer shopping event this year, Prime Day, underscorin...

Glass Skin boom: Why Seoul’s interactive beauty clinics are hottest stop for foreign tourists

On a recent morning in Seoul’s hip Seongsu neighborhood, a line of eager foreign tourists snaked around the corner of CJ Olive Young Corp.&rsq...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet

South Korea’s Hyundai Glovis Co. is poised to become the world’s first shipping company to deploy artificial intelligence-based autonomo...

Korea's science ministry picks 10 AI, digital startups to back global growth

South Korea’s Ministry of Science and ICT on Thursday announced that it has selected 10 startups founded by Koreans in a program to support th...

Korean firms rush to issue bonds ahead of presidential election

South Korean companies are flocking to the corporate bond market ahead of the country’s presidential election early next month, seeking to loc...

Hanjin KAL roars on hints of renewed control dispute with Hoban

Shares of Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., extended their rally Wednesday after surging by the ...

POSCO Future M to raise $771 million to bolster battery materials business

POSCO Future M Co., South Korea’s leading battery materials maker, is set to raise 1.1 trillion won ($771 million) through a rights offering a...

Dawn delivery pioneer Kurly posts 1st-ever quarterly profit

Kurly Inc., a pioneer in South Korea’s dawn delivery market, has posted its first-ever quarterly profit, bucking a slowdown in private consump...

S.Korea’s Krafton to nurture 6 new game studios in India

Krafton Inc., the publisher of global mega-hit “PlayerUnknown’s Battlegrounds” (PUBG), has selected six new Indian game studios to...

Naver, Kurly tie up to counter e-commerce giant Coupang

South Korea’s online giant Naver Corp. and dawn grocery platform service provider Kurly Inc. have joined forces for a potential stake acquisit...

Hanwha Aerospace slashes planned rights offering size to $1.6 billion

Hanwha Aerospace Co., a leading South Korean defense company, said on Tuesday it plans to slash the size of its proposed rights offering to 2.3 tril...

Hyundai Motor launches global talent recruitment program

South Korea’s top automaker Hyundai Motor Co. has launched a global talent recruitment program, beginning April 1 via its official hiring webs...

Shinhan Bank partners with Hyundai Mobis for loan services to suppliers

Hyundai Mobis Co., South Korea’s top auto parts maker, has partnered with the country’s biggest lender Shinhan Bank to help its partners...

MBK commits to restoring Homeplus operations: MBK Vice Chairman Kim

MBK Partners, facing increasing scrutiny over its highly leveraged acquisition of Homeplus Co., has pledged to go all-out to restore the struggling ...

CHA Biotech seeks to resume healthcare unit IPO after affiliates’ merger

CHA Biotech Co., South Korea’s leading stem cell therapeutics developer, plans to resume an initial public offering of CHA Healthcare Co., a m...

S.Korea’s top financial regulator pushes tax support for value-up program

South Korea is ramping up efforts to encourage companies to enhance shareholder value by providing tax support for its corporate value-up program, a...

Korean e-commerce platforms’ growth cools; Naver Shopping sales down

South Korea’s major e-commerce platforms, including Naver Shopping, are showing signs of slowing growth amid the rise of Chinese platform gian...

Hanwha agrees to buy 60% stake in Ourhome for $599 mn

South Korea’s Hanwha Group, which is seeking to re-enter the catering market five years after leaving the sector, has agreed to buy a nearly 6...

Glenwood Credit stresses role as reliable financial partner: CEO Lee

Many companies, big and small, sell or buy affiliated units to raise funds or narrow their focus during economic downturns, and to fund expansion or...

Samsung Life mulls putting Samsung Fire under its wing as subsidiary

Samsung Life Insurance Co., South Korea’s largest life insurer, is considering bringing Samsung Fire & Marine Insurance Co., the country&r...

AI agent Gentoo poised to revolutionize online shopping

South Korean artificial intelligence startup Waddle Corp. is gearing up to reshape the online retail industry with artificial intelligence-powered i...

Hyundai Steel sells over 1 mn tons of auto steel to non-captive customers

Hyundai Steel Co., South Korea’s second-largest steelmaker, sold more than 1 million tons of automotive steel sheets to overseas automakers ot...

Hyundai Mobis to boost US production to cope with Trump

LAS VEGAS -- Hyundai Mobis Co., the world’s fifth-largest auto parts maker, plans to beef up its US production to cope with President-elect Do...

Mirae Asset invests $200 mn in LS Group affiliate in US

South Korea's Mirae Asset Global Investments said on Sunday it invested $200 million in Essex Solutions, a US magnet wire manufacturing affiliate un...

SK Nexilis gets $133 mn subsidy from Poland

South Korea's SK Nexilis Co., the world’s largest copper foil maker, said on Monday it received a $133 million subsidy from the Polish gover...

Lotte Card Card to launch loans for affiliates in Vietnam

South Korea's Lotte Card said on Monday it will launch loans for affiliates in Vietnam.Lotte Finance Vietnam, the Vietnamese corporation of Lotte Ca...

Mirae Asset rises to 12th-largest ETF manager with $141 billion in assets

South Korea’s leading asset manager Mirae Asset Financial Group has emerged as the world’s 12th-largest exchange-traded fund (ETF) manag...

LG H&H’s sales surge 156% on Amazon Black Friday

South Korea’s LG H&H Co. said on Thursday its sales on Amazon Black Friday this year surged 156% year over year.The Face Shop's Rice Water...

KB Kookmin Card, UnionPay to cooperate on marketing

South Korea's KB Kookmin Card said on Tuesday it signed a memorandum of understanding (MOU) with China's UnionPay to cooperate on marketing. ...