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...

Alternative investment experts to gather Oct. 16-17 at ASK 2024

South Korea’s major institutional investors and global asset managers will gather at the ASK 2024 global alternative investment conference on ...

KIS hosts 2024 Stifel Research Forum in Seoul

Korea Investment & Securities announced on Tuesday that it hosted analysts from Stifel Financial Corp. at its headquarters in Yeouido, Seoul, fo...

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...

LG Energy aims to more than double sales to $50 billion by 2028

LG Energy Solution Ltd. has vowed to more than double its sales in five years to 67 trillion won ($50 billion) by diversifying its battery products ...

Hanwha Securities buys 5.4% stake in Edinburgh Airport

Hanwha Investment & Securities said on Monday that it acquired a stake in Edinburgh Airport in Scotland.Edinburgh Airport is jointly owned by Gl...

AI startup MarqVision raises $16.5 mn to close Series A round

MarqVision Inc., a startup developing an artificial intelligence-powered intellectual property (IP) protection platform, raised 22 billion won ($16....

Samsung teams up with Ashley to expand SmartThings IoT service

SILICON VALLEY – South Korean tech giant Samsung Electronics Co. is partnering with Ashley Home Stores Ltd., the US’ largest furniture s...

Korea’s KCC Glass to invest $525 mn more in Indonesian plant

KCC Glass Corp., a major South Korean construction materials manufacturer, is set to invest an additional 700 billion won ($524.8 million) in its In...

Korea Zinc, MBK face-off for control of zinc smelter takes new twist

The face-off between Korea Zinc Inc. and MBK Partners for control of the world's No. 1 lead and zinc smelter shows no sign of abating as the private...

SK Pharmteco to invest $260 mn in new peptide factory in S. Korea

SK Pharmteco, the contract development and manufacturing organization (CDMO) of South Korea's SK Inc., said on Tuesday that it plans to invest $260 ...

S.Korea’s NPS investment arm suffers from chronic understaffing

South Korea’s largest institutional investor, the National Pension Service (NPS), managing 1,150 trillion won ($870.6 billion) in assets, stru...

LG Chem develops material blocking battery thermal runaway

LG Chem Ltd. has developed a material that can prevent thermal runaway in a lithium-ion battery, one of the major hurdles to the expansion of the el...

LG NOVA hosts Innovation Festival in US

LG Electronics Inc. 's North American Innovation Center (LG NOVA) said on Monday that it held an Innovation Festival last Wednesday and Thursday at ...

Wealthy Koreans look to Indian equities as 'next China' investment

First, it was the US that attracted many South Korean investors looking for higher returns.And then came China, which ensnared Korean retail investo...

Korea Investment lowers price target for Samsung Electro-Mechanics

Korea Investment & Securities lowered the target price of Samsung Electro-Mechanics by 14.3% on Sunday, citing weaker-than-expected third-q...

LG to invest $762 mn in webOS to transform into platform-based tech giant

LG Electronics Inc., the leading global home appliance maker, plans to invest more than 1 trillion won ($762 million) in its multitasking operating ...

S.Korea to offer incentives to attract foreign scientists

South Korea will offer incentives including a 50% income tax cut to attract foreign scientists to develop new growth drivers such as artificial inte...

Korea Investment to publish emerging market investment guidebook

Korea Investment Management Co. said on Friday that it will publish an Emerging Market Guidebook on September 30, which will contain investment stra...

Korea Investment Corp. appoints Park Il Young as its new CEO

South Korean sovereign wealth fund Korea Investment Corporation (KIC) announced on Thursday that it has appointed former World Bank Group executive ...

Netmarble unveils teaser video for its new game ‘The King of Fighters’

Netmarble Corp. announced on Thursday that it premiered a teaser video for its new game “The King of Fighters (KOF) AFK” at the SNK boot...

S.Korea’s T’way Air to introduce A330-900 Neo aircraft

T'way Air Co. announced on Thursday that it will gradually introduce five new Airbus A330-900 Neo aircraft starting next year.T’way recently s...

Korea Securities to expand its ultra-high net worth business

Korea Investment & Securities announced on Thursday that it has signed a memorandum of understanding (MOU) with Arceon Group to strengthen its o...

Chabot Mobility raises $900,000 in Series C round

South Korea's automotive management platform startup Chabot Mobility said on Wednesday that it raised 1.2 billion won ($900,000) in a Series C inv...

KRX launches Korea Value-up Index featuring 100 best practice firms

South Korea’s securities exchange operator, Korea Exchange, launched a new corporate value-up index on Tuesday, a key plank for the government...

Korea’s MeatBox to go public despite other failed grocery platform IPOs

MeatBox Global Inc., South Korea’s online livestock product sales platform operator, aims for an initial public offering valued at up to 28.5 ...

Aespa to release its new album ‘Whiplash’ in October

K-pop girl group aespa is aiming to follow up its hit song “Supernova” with a string of hits with its new album “Whiplash."Managem...

Samjong KPMG reappoints CEO Kim Kyo Tae for 4th term

Kim Kyo Tae on Friday was reappointed to a fourth term as chief executive of Samjong KPMG, announced the South Korean unit of the global audit and a...

Korea Zinc teams up with brokerage firm to counter MBK

Korea Zinc Inc. Chair Choi Yun-birm has joined hands with a major local securities firm in a counterattack against MBK Partners Ltd. and the company...

Hyundai Motor cuts 2030 sales goals as EV chasm likely protracted

South Korean top automaker Hyundai Motor Co. has slashed its long-term vehicle sales targets by 6% as it prepares for aggressive marketing by Chines...