Hyundai Transys holds consultations for partners to help them move overseas

Hyundai Transys holds consultations for partners to help them move overseas

South Korea's auto powertrain maker Hyundai Transys said on Monday that a total of 23 suppliers received its video consultation assistance for eight...

KB Financial included in DJSI for 7 consecutive years

KB Financial included in DJSI for 7 consecutive years

KB Financial Group has been included in the 2022 Dow Jones Sustainability World Index for seven years in a row announced by Standard & Poor's Gl...

LG Group think tank unveils breakthrough AI tech Exaone

LG Group think tank unveils breakthrough AI tech Exaone

LG AI Research, the artificial intelligence (AI) think tank of South Korea's LG Group, on Thursday unveiled Exaone, a gigantic AI technology that ra...

Hotel Shilla CEO Lee ranks 85th on Forbes' 100 most powerful women

Hotel Shilla CEO Lee ranks 85th on Forbes' 100 most powerful women

Samsung heiress and Hotel Shilla CEO Lee Boo-jin ranked 85th on The World’s 100 Most Powerful Women selected by Forbes. Lee, who leads Samsung Group's...

Korea Shinhan Financial taps banking unit head as group CEO

Korea Shinhan Financial taps banking unit head as group CEO

Shinhan Financial Group appointed the head of its flagship banking unit as the group’s next chief executive officer as the major South Korean ...

Pan Ocean buys 5% of Hanjin KAL from Hoban Construction

Pan Ocean buys 5% of Hanjin KAL from Hoban Construction

Pan Ocean Co., the shipping affiliate of Harim Group, on Tuesday said it bought a 5% stake or 3.3 million shares in Hanjin KAL Corp. in a block deal...

Daol Financial Group to let go of VC affiliate, hit by liquidity crunch

Daol Financial Group to let go of VC affiliate, hit by liquidity crunch

The Daol Financial Group is widely expected to let go of its venture capital arm in the midst of a worsening liquidity crunch. The VC firm Daol...

Blackpink named Entertainer of the Year by Time Magazine

Blackpink named Entertainer of the Year by Time Magazine

Group Blackpink was selected as "2022 Entertainer of the Year" by TIME, a US weekly magazine. The magazine released a list of the most influential p...

Hyundai's sales of E-GMP-based EVs exceed 100,000 units in Korea

Hyundai's sales of E-GMP-based EVs exceed 100,000 units in Korea

South Korea’s Hyundai Motor Group sold more than 100,000 units of electric vehicles (EVs) that adopted Hyundai Motor’s E-GMP, or Electri...

Hanwha Aerospace to launch 4 more Nuri rockets under $220 mn project

Hanwha Aerospace to launch 4 more Nuri rockets under $220 mn project

Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, is planning on four additional launches of the country’s first h...

Delay in Apple Pay approval for South Korea sends VAN co. shares tumbling

Delay in Apple Pay approval for South Korea sends VAN co. shares tumbling

The news of US mobile device giant Apple launching its Apple Pay service in South Korea this month sent the share prices of companies that assist th...

Korea approves Daewoong Pharmaceutical's diabetes drug

Korea approves Daewoong Pharmaceutical's diabetes drug

DAEWOONG PHARMACEUTICAL has received domestic approval for its diabetes drug Envlo with the active ingredient enavogliflozin, the second straight ye...

Hyundai Heavy Industries Group proposes blueprint for sustainable marine utilization solution at 2023 CES

Hyundai Heavy Industries Group proposes blueprint for sustainable marine utilization solution at 2023 CES

Hyundai Heavy Industries Group will participate in CES 2023, the world's largest information technology trade show, to showcase its maritime strateg...

POSCO’s Pohang workers to leave umbrella steel union group

POSCO’s Pohang workers to leave umbrella steel union group

One of two labor unions at Korea’s largest steelmaker POSCO will leave its umbrella group, the Korean Metal Workers’ Union (KMWU), follo...

Daesang Welllife forms joint venture with Sinopharm Group

Daesang Welllife forms joint venture with Sinopharm Group

Daesang Welllife on Thursday said it has concluded a memorandum of understanding (MOU) with China Sinopharm International, an affiliate of China's l...

SK Inc. bulks up green investments to achieve net zero by 2035

SK Inc. bulks up green investments to achieve net zero by 2035

SK Inc., the investment arm of South Korea’s second-largest conglomerate SK Group, is taking preemptive steps to expand its eco-friendly busin...

Korea adopts USB-C as unified connector for phone charging cable

Korea adopts USB-C as unified connector for phone charging cable

The Korean government has released guidelines on its designation of USB-C as the unified national standard for charging and data transfer connectors...

Blackpink's 'Ice Cream' music video surpasses 800 mn views

Blackpink's 'Ice Cream' music video surpasses 800 mn views

K-pop girl group Blackpink’s “Ice Cream” music video exceeded 800 million views on YouTube around 2 a.m. on Nov. 30 local time, it...

Young Poong Precision emerges as key to Korea Zinc control; shares surge

Young Poong Precision emerges as key to Korea Zinc control; shares surge

Shares of Young Poong Precision Corp. are flying high as the company is emerging as the key to the control of Korea Zinc Co., which in turn is the c...

SK expands sustainable food biz with $7.5 mn US investment

SK expands sustainable food biz with $7.5 mn US investment

SK Inc., the holding company of South Korea’s No. 2 conglomerate SK Group, has expanded its sustainable food business by investing in a US-bas...

Korea's KDB to sell off its life insurer for fifth time

Korea's KDB to sell off its life insurer for fifth time

South Korea’s state-run Korea Development Bank (KDB) is poised to accelerate the selling off of its affiliate KDB Life Insurance Co. next week...

Medical data platform operator JNPMEDI raises $10 mn in Series A funding

Medical data platform operator JNPMEDI raises $10 mn in Series A funding

Medical data platform operator JNPMEDI Inc. announced on Tuesday that it raised 14 billion won ($10.3 million) in a Series A round. Pavilion Ca...

Lotte to replace construction unit CEO due to liquidity crisis

Lotte to replace construction unit CEO due to liquidity crisis

Lotte Group will replace the head of its construction unit, hit by a liquidity crisis stemming from project financing, to ease investor concerns ove...

Eugene Group, Stonebridge Capital mull logistics firm Mesh acquisition

Eugene Group, Stonebridge Capital mull logistics firm Mesh acquisition

South Korean conglomerate Eugene Group, one of the largest construction materials suppliers in the country, is planning to acquire local logistics c...

Hyundai Glovis joins hands with Lion Group to move into Malaysian logistics market (edited)

Hyundai Glovis joins hands with Lion Group to move into Malaysian logistics market (edited)

Hyundai Glovis will enter the Southeast Asian logistics market in partnership with a large Malaysian company. The company, Hyundai Motor Group's log...

Hyundai Glovis, Malaysia’s Lion Group to enter ASEAN logistics market

 Hyundai Glovis, Malaysia’s Lion Group to enter ASEAN logistics market

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Wednesday it has signed an initial agreement with Malaysi...

CJ CheilJedang rebrands porridge line as Hetbahn Soft Meal

CJ CheilJedang rebrands porridge line as Hetbahn Soft Meal

CJ CheilJedang Corp. announced Wednesday it has changed the name of its line of porridge products from Bibigo Jook to Hetbahn Soft Meal. CJ Het...

S.Korea's Iljin Group halts sale of its display maker

S.Korea's Iljin Group halts sale of its display maker

South Korea’s Iljin Display Co. has suspended procedures of selling its 43.19% stake with management rights, the junior bourse Kosdaq-listed d...

LG Electronics rolls out cutting-edge mini-LED monitor for surgery

LG Electronics rolls out cutting-edge mini-LED monitor for surgery

LG Electronics on Tuesday said it has unveiled its new mini-LED monitor for surgery at this year's Medica, the world's largest trade exhibition for ...

Galaxy Watches gauge body indicators at level of specialized medical devices

Galaxy Watches gauge body indicators at level of specialized medical devices

The Galaxy Watch series of Samsung Electronics can gauge major indicators of human health with similar accuracy as that of professional medical devi...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale