Korean logistics companies expand overseas businesses

Korean logistics companies expand overseas businesses

South Korea’s logistics companies such as local industry leader CJ Logistics Corp. are expanding their overseas operations to take advantage o...

CJ CheilJedang puts bio business on market for $4 bn

CJ CheilJedang puts bio business on market for $4 bn

CJ CheilJedang Corp., South Korea’s largest food company, is seeking to sell its bio business for about 6 trillion won ($4.3 billion) in what ...

Alux's export contracts with US, Japan top $5 million

Alux's export contracts with US, Japan top $5 million

South Korean drone maker Alux Co. said on Monday its cumulative export contracts with the US and Japan have surpassed 7 billion won ($5 million). Th...

Korea Inc. rushes to booming local corporate bond market

Korea Inc. rushes to booming local corporate bond market

South Korean companies are rushing to raise money in the local corporate bond market, which is unusually buoyant at year's end amid expectations of ...

Samyang Foods Buldak Topokki enters Walmart in US

Samyang Foods Buldak Topokki enters Walmart in US

South Korea's Samyang Foods Co. said on Monday its Buldak Topokki entered Walmart stores in the US.Available in Original and Carbo (carbonara) fla...

Samsung Bespoke AI Combo targets European market

Samsung Bespoke AI Combo targets European market

Samsung Electronics Co. said on Sunday it held the showcase for launching its all-in-one washer-dryer, Bespoke AI Combo, in Berlin, Germany on Nov...

S.Korean firms’ rights issues poised for 12-year low

S.Korean firms’ rights issues poised for 12-year low

The lackluster South Korean stock market and softening Korean currency have discouraged local companies from raising money at home and pushed some t...

Hanjin to open Mexico subsidiary

Hanjin to open Mexico subsidiary

South Korea's Hanjin Transportation said on Friday it will establish a subsidiary in Mexico this year to expand its logistics market in Latin Americ...

NinjaTrader to revitalize Koreans’ domestic, overseas derivatives investments

NinjaTrader to revitalize Koreans’ domestic, overseas derivatives investments

NinjaTrader Group LLC., a leading US futures broker, is set to accelerate South Koreans’ investments in overseas derivatives while seeking to ...

Paradise targets Taiwanese MICE market

Paradise targets Taiwanese MICE market

Paradise Co., a South Korean casino operator, said on Tuesday it held the 2024 Paradise Taipei MICE (meetings, incentives, conferences, and exhibiti...

Bibigo enters Australian supermarket chain Coles

Bibigo enters Australian supermarket chain Coles

South Korean food giant CJ CheilJedang Corp. said on Monday that its Bibigo products will be sold in Coles, Australia’s second-largest superma...

S.Korean investors' US stock holdings surpass $100 bn

S.Korean investors' US stock holdings surpass $100 bn

The US stock holdings of South Korean individual investors surpassed $100 billion for the first time, driven by a sustained rally in the US markets ...

LG unveils AI-powered commercial washers, dryers in renewed B2B push

LG unveils AI-powered commercial washers, dryers in renewed B2B push

South Korean home appliances giant LG Electronics Inc. is stepping up efforts to enhance its presence in the global business-to-business (B2B) marke...

S.Korea's BBQ enters world's most populous market, India

S.Korea's BBQ enters world's most populous market, India

Genesis BBQ Group, the operator of a popular South Korean fried chicken brand, is expanding its market to South Asia by entering India, the world&rs...

LIG Nex1, UK’s Babcock sign MOU to develop global MRO market

LIG Nex1, UK’s Babcock sign MOU to develop global MRO market

LIG Nex1 Co., a leading defense systems developer in South Korea, announced on Wednesday that it had signed a comprehensive memorandum of understand...

Hanwha Systems, HJ S&C to enter overseas naval vessel market

Hanwha Systems, HJ S&C to enter overseas naval vessel market

South Korea's Hanwha Systems Co. said on Tuesday that it signed a memorandum of understanding (MOU) with HJ Shipbuilding & Construction Co. to...

Volpara to supply breast cancer SW to US Defense Health Agency

Volpara to supply breast cancer SW to US Defense Health Agency

Lunit, a South Korean cancer diagnostics AI company, said on Monday its US subsidiary Volpara Health secured a 10 billion won ($7.5 million) contr...

LG Electronics to venture into food waste disposer market

LG Electronics to venture into food waste disposer market

LG Electronics Inc., the world's largest home appliance maker, will foray into the food waste disposer market in the first quarter of 2025, heraldin...

Samsung Galaxy solidifies dominance in Indian smartphone market

Samsung Galaxy solidifies dominance in Indian smartphone market

South Korean tech giant Samsung Electronics Co. solidified its dominance in the Indian smartphone market, capturing its largest revenue share in the...

Samsung’s AI-powered robot vacuum cleaner takes on China’s Roborock

Samsung’s AI-powered robot vacuum cleaner takes on China’s Roborock

South Korean tech giant Samsung Electronics Co.'s AI-powered robot vacuum cleaners are rapidly catching up to Chinese products, which dominate the K...

DevSisters, VNG Games sign Cookie Run Asia publishing deal

DevSisters, VNG Games sign Cookie Run Asia publishing deal

South Korean game developer DevSisters Corp. said on Friday that it signed a publishing agreement with Vietnamese game company VNG Games for "Cookie...

SK Nexilis poised to sell thin film division to Affirma Capital

SK Nexilis poised to sell thin film division to Affirma Capital

SK Nexilis Co., the world’s largest copper foil maker, is in the final stage of negotiations to sell its thin film manufacturing division to A...

Kia debuts Tasman to target $333 bn global pickup truck market

Kia debuts Tasman to target $333 bn global pickup truck market

JEDDAH, Saudi Arabia -- Kia Corp., South Korea’s second-largest automaker, on Tuesday premiered the Tasman, its first pickup truck to target t...

Indian stock market gears up for leap: NSE CEO  

Indian stock market gears up for leap: NSE CEO  

India’s stock market is gearing up for a leap thanks to an influx of retail investors seeking better returns and the lower barriers for small ...

South Korea to deploy ‘Iron-Dome’ style defense system early

South Korea to deploy ‘Iron-Dome’ style defense system early

South Korea will deploy a new air defense system, similar to Israel’s Iron Dome, against North Korean artillery attacks earlier than previousl...

Hyundai Motor aims high for online small EV sales in Japan

Hyundai Motor aims high for online small EV sales in Japan

TOKYO – Hyundai Motor Co. will accelerate its penetration into Japan, a market it has been struggling to crack for decades, with small-size el...

Samsung Asset releases KODEX India ETF Investment Guide

Samsung Asset releases KODEX India ETF Investment Guide

South Korea's Samsung Asset Management said on Monday it released its KODEX India ETF Investment Pocket Guide.The guide provides information on the ...

LG Chem opens Europe Innovation Center in Germany

LG Chem opens Europe Innovation Center in Germany

South Korea's LG Chem Ltd., the world’s fourth-largest chemicals manufacturer, said on Sunday the opening of its Europe Innovation Center in F...

Instagram poised to crack Korean webcomics market

Instagram poised to crack Korean webcomics market

Big tech has begun its encroachment on the South Korean webcomics market, largely dominated by local players over the past two decades, fanning fear...

SK Hynix chief says no delay in 12-layer HBM3E supply as demand soars

SK Hynix chief says no delay in 12-layer HBM3E supply as demand soars

Kwak Noh-jung, chief executive of SK Hynix Inc., the world’s second-largest memory chipmaker, has said there will be no delay in the company&r...

JKL Partners to acquire $150 mn cult-favorite bagel chain London Bagel Museum Kolon's early bets on para-aramid recovery pays off amid AI boom Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required