K-pop fan platform company DearU to enter into Japan

K-pop fan platform company DearU to enter into Japan

DearU Co., a K-pop fandom platform in South Korea, announced the launch of the Japanese version of "bubble" on Tuesday. DearU bubble is a private me...

Hanwha Ocean taps middle-aged women, robots for ship welding work

Hanwha Ocean taps middle-aged women, robots for ship welding work

GEOJE, Gyeongsang Province – Hanwha Ocean, the world’s No. 2 shipbuilder, is actively embracing middle-aged female workers and robots fo...

KKR expected to buy 100% stake in Taeyoung Industry

KKR expected to buy 100% stake in Taeyoung Industry

Global private equity giant KKR & Co. Inc. is expected to take over Taeyoung Industry Corp., a cash cow of South Korea’s medium-sized busi...

SK Hynix may block Kioxia-Western Digital merger

SK Hynix may block Kioxia-Western Digital merger

South Korean memory chip giant SK Hynix Inc. is rumored to be frowning on the integration of Japan’s Kioxia Holdings Corp. with US-based Weste...

Kia holds first Global Distributors Convention in 5 years

Kia holds first Global Distributors Convention in 5 years

South Korea's Kia Corp. held a global distributors convention for the first time in five years, sharing medium to long-term business strategies, inc...

Hyundai Capital to acquire Indonesian financial firm

Hyundai Capital to acquire Indonesian financial firm

South Korea's Hyundai Capital announced on Wednesday it will acquire the Indonesian finance firm PT Paramitra Multifinance to enter the local market...

Daesang holds kimchi pop-up event in Seoul

Daesang holds kimchi pop-up event in Seoul

South Korean food company Daesang Corp. on Friday said it is holding through Oct. 15 the country’s first kimchi pop-up store “Kimchi Bla...

SK Telecom enters Japan's pet care market

SK Telecom enters Japan's pet care market

South Korea’s SK Telecom Co. has entered the Japanese pet market using its innovative artificial intelligence (AI) under a tie-up with Japan&r...

POSCO Int’l to build permanent magnet factory in US with Star Group

POSCO Int’l to build permanent magnet factory in US with Star Group

South Korea’s steel giant POSCO Holdings Inc. is expediting its push to expand its presence in the electric vehicle supply chain, one of seven...

SK E&S, Honeywell UOP to capture carbon from LNG plants

SK E&S, Honeywell UOP to capture carbon from LNG plants

SK E&S Co., a clean energy unit of South Korea’s No. 2 conglomerate SK Group, and Honeywell UOP, a US major refining and petrochemical tec...

CJ CheilJedang searches for global bio talent in Boston

CJ CheilJedang searches for global bio talent in Boston

South Korean food and bio giant CJ CheilJedang Corp. on Monday said its Chief Technology Officer Hwang Yun-il, CJ CheilJedang BIO executive Yoon Seo...

KT, BI Matrix to develop natural language processing AI

KT, BI Matrix to develop natural language processing AI

South Korea's KT Corp. is partnering with the intelligent solutions specialist company BI Matrix to develop technology that uses artificial intell...

Alipay’s Ant becomes No.2 shareholder of S. Korea’s Toss Payments

Alipay’s Ant becomes No.2 shareholder of S. Korea’s Toss Payments

Ant Group Co., the operator of China’s biggest mobile payment platform Alipay, has become the second-largest stakeholder of Toss Payments, the...

HD Hyundai holds christening of methanol-powered ship

HD Hyundai holds christening of methanol-powered ship

South Korea’s HD Hyundai Co. announced on Monday that it held a christening ceremony on Thursday at the Port of Copenhagen in Denmark for the ...

POSCO Holdings to strengthen collaboration with SNU

POSCO Holdings to strengthen collaboration with SNU

South Korea's POSCO Holdings Inc. signed a memorandum of understanding (MOU) for comprehensive industry-academia collaboration with Seoul National U...

LG Uplus to hold job fair in Los Angeles

LG Uplus to hold job fair in Los Angeles

South Korea's LG Uplus Corp. on Thursday said it will hold the recruiting event LG Uplus US Fair at the hotel Ritz-Carlton, Marina del Rey near Los ...

Samsung to apply GenAI to all home appliances from 2024

Samsung to apply GenAI to all home appliances from 2024

BERLIN, GERMANY - Samsung Electronics Co. from next year will incorporate generative artificial intelligence (GenAI) into all home appliances and de...

LG H&H's The Whoo unveils Cheongidan renewal line in Shanghai

LG H&H's The Whoo unveils Cheongidan renewal line in Shanghai

LG H&H Co. announced on Thursday its strategy to focus on the Chinese market by unveiling a renewal version of "Cheongidan," the flagship produc...

Fosun to cash out of K-beauty firm Nature&Nature for $38 mn

Fosun to cash out of K-beauty firm Nature&Nature for $38 mn

Fosun Group, a debt-laden Chinese conglomerate, is seeking to cash out of its entire stake in Nature&Nature Co. for up to 50 billion won ($37.8 ...

Hyundai Motor to self-develop EV chargers to slow Tesla’s ascent

Hyundai Motor to self-develop EV chargers to slow Tesla’s ascent

Hyundai Motor Group will develop ultra-fast electric vehicle chargers with its proprietary technology to catch up to the world’s No. 1 EV make...

Celltrion considers listing holding firm after merger of 3 units

Celltrion considers listing holding firm after merger of 3 units

South Korean drug giant Celltrion Group will consider listing its holding company if necessary, after it completes the merger of three affiliates &n...

KB, Shinhan, Woori improve rankings on Top 1,000 bank list

KB, Shinhan, Woori improve rankings on Top 1,000 bank list

South Korea’s KB Financial Group, Shinhan Financial Group and Woori Financial Group improved their rankings on the list of the global top 1,00...

SK Telecom buys major stake in AICC developer Persona AI

SK Telecom buys major stake in AICC developer Persona AI

South Korea's SK Telecom Co. will boost its artificial intelligence (AI) contact center (AICC) unit to emerge as a comprehensive provider of AICC pr...

KT to hold AI coding lectures at universities

KT to hold AI coding lectures at universities

South Korea’s KT Corp. is expanding operations of its artificial intelligence (AI) coding education platform AI Codiny.The company on Sunday s...

Korea's superconductor stocks plunge on Nature report

Korea's superconductor stocks plunge on Nature report

South Korean research team’s LK-99, behind the online sensation following its claim of room-temperature superconductor over the past four week...

Korean C&R Research to set up US, Thai units for global biz

Korean C&R Research to set up US, Thai units for global biz

C&R Research Inc., South Korea’s top contract research organization (CRO), plans to establish units in the US and Thailand this year while...

Cosmax opens Asia's largest cosmetics plant in China

Cosmax opens Asia's largest cosmetics plant in China

Cosmax Inc., South Korea's biggest cosmetics maker using original design manufacturing (ODM), has opened Asia's largest cosmetics plant in China. ...

Affiliate of S.Korea's POSCO Int'l to supply natural gas in Australia

Affiliate of S.Korea's POSCO Int'l to supply natural gas in Australia

South Korea's POSCO International Corp. on Thursday said Senex Energy, its Australia-based natural gas subsidiary, will supply natural gas to seven ...

The North Face supplier Youngone hints at succession plan

The North Face supplier Youngone hints at succession plan

Youngone Corp., a South Korean outdoor clothing maker to global brands like The North Face and Patagonia, has given a clearer signal that Chairman...

Morgan Stanley subsidiary takes 5% stake in JYP Entertainment stock

Morgan Stanley subsidiary takes 5% stake in JYP Entertainment stock

A Morgan Stanley-affiliated asset manager has bought more JYP Entertainment shares, raising its stake to more than 5 percent.Asset management firm M...

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 GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial F&F’s bid for TaylorMade complicates Centroid's exit