Activist Palliser Pushes for Change at AI Chip Investor SK Square
Activist investor Palliser Capital has built a stake in the holding company of highflying artificial-intelligence chip maker SK Hynix Inc. and is pu...
KIC bets on AI-driven value creation: CEO
Sovereign wealth fund Korea Investment Corporation (KIC) will aggressively explore early investment opportunities in sectors undergoing AI-driven in...
Mom's Touch to enter Laos in 2025
South Korean homegrown burger and chicken brand Mom's Touch & Co. said on Wednesday that it signed a master franchise agreement with Laos-based ...
South Korea to designate Jeju as flying taxi pilot service zone
South Korea will designate its resort island Jeju a test operation zone for flying taxis as part of the country’s national urban air mobility ...
S.Korean livestreaming platform SOOP eyes global market
AfreecaTV, South Korea’s first-generation interactive livestreaming service with a nearly two-decade history, has started a new chapter under ...
Hyundai Glovis to enter breakbulk transport business
South Korea's Hyundai Glovis Co. said on Tuesday it participates in Breakbulk Americas 2024, a four-day event in Houston starting on October 15.&n...
Zero-sum fears arise in S.Korean airlines’ game of chicken
South Korea’s air carriers are fiercely vying for lucrative or untapped routes in a game of chicken to shore up their falling profit, raising ...
Nobel laureate Han Kang craze revives Korean book market
South Koreans are flocking to bookstores to snap up 2024 Nobel laureate Hang Kang’s novels, making her books — and even those of her nov...
Mirae Asset gets int'l privacy protection certification
South Korea's Mirae Asset Securities Co. said on Monday that it won the international personal information standard ISO 27701 certification after un...
POSCO Future M begins NCA production in Pohang
South Korea's POSCO Future M Co. has started production of nickel, cobalt, aluminum (NCA) cathode materials at its Pohang factory, three months ea...
Hyundai Mobis, Zeiss to mass-produce holographic HUDs in 2027
South Korea’s Hyundai Mobis Co., the world’s No. 6 auto parts supplier, has teamed up with German optics giant Zeiss to mass-produce nex...
Korea Investment lists structured warrants in Indonesia
Korea Investment & Securities Co. has become the first South Korean securities firm to list derivative warrants in Indonesia after issuing 11 st...
Foreign appetite for Korean stocks wanes with $5.5 bn in September sales
Foreign investors' appetite for South Korean stocks turned sour with sales of 7.36 trillion won ($5.5 billion) worth of shares on the Korean bourse ...
Liner raises $20 mn in Series B funding
South Korean AI search startup Liner said on Friday it raised 270 billion won ($200 million) in a Series B funding round led by Atinum Investment an...
Celltrion's anti cancer drugs hold 90% market share in C.America
South Korea’s Celltrion Inc. said on Friday that its cancer treatments have captured a 90% market share in several Central American countries....
Shinsegae, Paramount to build $3.39 billion theme park complex in S.Korea
South Korea’s retail giant Shinsegae Group said on Thursday it has partnered with US media group Paramount Global on a 4.57 trillion won ($3.3...
LG Electronics doubles down on B2B business
LG Electronics Inc., a leading South Korean home appliance maker seeking to transform into a platform company, aims to double sales of its Business ...
Samsung Apologizes for Falling Behind in AI Chips Race
SEOUL—For a major maker of semiconductors such as Samsung Electronics Co. , the artificial-intelligence boom should be a time of great promise...
Paris Baguette to enter Thailand, Brunei, Laos
South Korean bakery brand Paris Baguette, operated by SPC Group, said on Wednesday it will enter Thailand, Brunei, and Laos.SPC signed a master fran...
Korea to join FTSE Rusell bond index to attract $66 bn inflows
South Korea will be included in a global major bond index next year to attract an estimated $66 billion in capital inflows to Asia’s fourth-la...
DB Insurance outshines domestic rivals in global business
DB Insurance Co. raked in the biggest profits from overseas operations among South Korean insurance companies in the first half of this year, leadin...
Jeju Air launches new Batam, Bali routes
Jeju Air Co., South Korea's leading low-cost carrier (LCC), said on Tuesday that it will launch the routes to Batam and Bali, Indonesia. It's t...
HL to acquire French parking robot firm Stanley Robotics for $24 million
HL Group, the construction-to-auto parts conglomerate in South Korea, will acquire the world’s sole outdoor self-driving parking robot-produci...
Growing dollar-backed stablecoin trades may destabilize Korean economy
Trading in dollar-backed stablecoins, cryptocurrencies pegged to the US currency, in South Korea hit a record high amid complex and costly currency ...
Hyundai Movex to lead S. Korea’s unmanned robot project
South Korea’s Hyundai Movex Co. was selected to lead the design of a high-precision large autonomous mobile robot (AMR) platform and integra...
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...
S.Korea signs MOU on Philippine nuclear safety checks, eyes plant deals
MANILA – South Korea on Monday signed an initial agreement with the Philippines to conduct a safety check on a nuclear power plant before a re...
Kia to sweep top three spots in Korea car sales on SUV, hybrid boom
Kia Corp., South Korea’s No. 2 automaker, is poised to claim the top three spots on the country’s best-selling car list this year thanks...
Nongshim opens K-Ramyun supermarket in Myeongdong
South Korean food and beverage giant Nongshim Co. said on Monday that it opened a Korean-style ramyun experience store K-Ramen Supermarket with the ...
Two out of 5 CEOs hold negative views on Korean startup scene
Nearly half of South Korean startups hold negative views on the country’s startup ecosystem, citing the prolonged startup funding winter and t...
