Samsung invests in US AI security startup Protect AI
Samsung Venture Investment Corp., Samsung Electronics Co.'s venture capital firm, has invested in Protect AI Inc., a US startup offering a security ...
S.Korea, China's technology leak, anti-dumping disputes surge
South Korean companies are getting tough on anti-dumping and patent infringement cases as they feel threatened by the intensifying price competition...
LG Display to sell its last LCD plant to CSOT for $1.5 bn
South Korea’s LG Display Co. plans to sell its liquid crystal display (LCD) panel plant in Guangzhou, China, to TCL China Star Optoelectronics...
BalanceHero sees record high H1 sales in India
BalanceHero, a South Korean fintech startup that entered the Indian market, announced on Friday that its sales and loan execution amounts for the fi...
South Korea’s Inflation reaccelerates in July
South Korea’s headline inflation picked up at a stronger-than-expected pace in July, reaccelerating due to higher prices for agricultural and ...
Woori Financial Group relaunches brokerage arm
Woori Financial Group has returned to South Korea’s brokerage service market after a decade with the launch on Thursday of Woori Investment &a...
SoftBank-backed Tridge in trouble amid Korean startup doom
Tridge Co., South Korea’s first agricultural product and food trading platform operator invested in by SoftBank Group Corp., is in financial t...
Central Asia emerging as South Korea’s new used car export market
South Korea’s export volume of secondhand vehicles to Central Asia is increasing for an unexpected reason: Russia.According to the Korea Inter...
Korean commercial real estate market to show slow recovery in H2
South Korea’s commercial real estate market will post a slow recovery in the second half of this year due to rate cut delays and no big correc...
South Korea to develop gas-cooled reactor with POSCO, SK, Daewoo
South Korea has embarked on a 44.5 billion won ($32.3 million) project to jointly develop an advanced gas-cooled nuclear reactor with related domest...
Shinsegae Factory Store to enter Laos in 2025
South Korea's Shinsegae Department Store announced on Wednesday that its off-price retail chain, Shinsegae Factory Store, will expand its global foo...
Toss Securities to establish New York subsidiary
South Korea's Toss Securities will establish a subsidiary in New York, the US to to expand its overseas business. The company announced on Tues...
NCSOFT invests in Swedish game startup Moon Rover Games
NCSOFT Corp., a South Korean game developer, said on Tuesday it has made an early stage investment of $3.5 million in Swedish game startup Moon Rove...
Kyochon Chicken opens first store in Vancouver
South Korea's fried chicken chain Kyochon F&B announced on Tuesday that it opened its first store in Vancouver, Canada.Kyochon F&B opened Ky...
Korean treasury yields fall to lowest level in over 2 years
South Korea’s treasury bond yields fell to their lowest points in more than two years, slipping below the 3% level for the first time since Ap...
SM Entertainment, S.Korean startup Jienem to build K-Pop hotel
South Korea's residence operator startup Jienem announced on Monday that it signed a memorandum of understanding (MOU) with Kreation Music Rights (K...
Hyundai Motor chief Chung's unwavering support for Korean archery team
Hyundai Motor Group Chairman Chung Euisun’s love for archery is well-known in South Korea. The executive chairman of Hyundai Motor Co. and Ki...
S-Oil halts fire-hit paraxylene plant, faces revenue loss
ULSAN, South Korea -- It looks inevitable that S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., will take a substantial revenue hit from...
F&F to expand Discovery brand across Asia
F&F Co., a South Korean clothing company, said on Monday it signed an exclusive deal with Warner Bros. Discovery (WBD) to bring the outdoor bran...
Colosseum poised for next leap with global expansion drive
Colosseum Corporation Inc., a fulfillment startup based in South Korea, has set its sights on global conquest with its nationwide and international ...
Korean soju makers likely to log strong quarterly profit
HiteJinro Co., South Korea’s leading soju maker, will likely post its best-ever quarterly profit in the second quarter as the clear distilled ...
Hyundai Mobis lighting system wins triple crown of design awards
South Korea's auto parts maker Hyundai Mobis announced on Sunday that its Active Aero Lighting System (AALS) has received awards at the world's thre...
Korean shipbuilding shares surge on supercycle hope, Trump Trade
South Korea’s Big Three shipbuilders, also the world’s three largest, stand to benefit from the emerging industry supercycle and the so-...
S.Korea relinquishes control to China in smaller OLED market
LG Display Co. and Samsung Display Co. lost ground to their Chinese rivals in the global small and mid-sized organic light-emitting diode (OLED) pan...
E-Mart’s No Brand success story: A Korean snack chain goes global
When South Korean convenience store operator E-Mart Inc. launched its low-budget house label No Brand in 2015, few thought it would last long.Under ...
Baemin founder strikes out for new trophy platform
Kim Bong-jin, a former chairman and CEO of Woowa Brothers Corp., operator of South Korea’s No. 1 food delivery app Baedal Minjok — Baemi...
Hanwha Ocean wins $332 mn ship order from S.Korean Navy
South Korea's Hanwha Ocean Co. announced on Thursday that it was selected as the preferred bidder for the second auxiliary oiler replenishment (AOE)...
South Korea’s Economy Slowed Sharply in Second Quarter
South Korea’s economy slowed at a sharper-than-expected pace in the second quarter on sluggish private consumption and weak business investmen...
Korea to build startup campuses in Seoul, Busan by 2026
South Korea will establish startup hubs in Seoul and Busan, the country’s largest port city, by the first half of 2026 to build Asia’s N...
S.Korea's refining industry sees record export of 245.3 mn barrels
South Korea's four major oil refiners—SK Energy, GS Caltex, S-Oil Corp., and HD Hyundai Oilbank—achieved a record high in petroleum pr...
