Video streaming platform Wavve acquires K-content provider KOCOWA

Video streaming platform Wavve acquires K-content provider KOCOWA

South Korea’s OTT platform Wavve has acquired Los Angeles-based content platform KOCOWA, short for Korean Content Wave. KOCOWA is a US online ...

SK Signet to showcase new ultra-fast charger at CES 2023

 SK Signet to showcase new ultra-fast charger at CES 2023

SK Signet Inc., the No.1 company in the US ultra-high speed charger market, will showcase a new standard ultra-fast charger V2 at CES 2023, the worl...

US non-agency mortgage-backed securities to shine in 2023: TCW

US non-agency mortgage-backed securities to shine in 2023: TCW

Amid the tightening of the Federal Reserve, among the most impacted asset classes were agency mortgage-backed securities (MBS), issued by US governm...

Naver D2SF makes investment in US sleep tech company PranaQ

Naver D2SF makes investment in US sleep tech company PranaQ

Naver Corp.'s startup nurturing organization D2SF has newly invested in PranaQ, a US sleep tech startup. This is the 100th investment since the comp...

LabGenomics unites with Humanscape on Asia, US genetic testing biz

LabGenomics unites with Humanscape on Asia, US genetic testing biz

LabGenomics Co., a molecular diagnostics company, said on Tuesday that it has signed an agreement with digital healthcare company Humanscape to deve...

Samsung Heavy receives approval from US on gas recovery system

Samsung Heavy receives approval from US on gas recovery system

Samsung Heavy Industries, a major shipbuilder in South Korea, said on Tuesday that its boil-off gas recovery system (BReS) for LNG-powered vessels h...

Syntekabio launches new drug development platform STB Cloud in US

Syntekabio launches new drug development platform STB Cloud in US

Syntekabio,Inc., a South Korean artificial intelligence (AI) drug development company, said on Monday it has launched its cloud-based AI drug develo...

Korean NPS opens up forex hedging limit to maximum of 10%

Korean NPS opens up forex hedging limit to maximum of 10%

South Korea’s mighty state pension fund will hedge foreign exchange risks for up to 10% of its overseas investment for a limited period. ...

Korean stocks with healthy earnings to shine in H2 2023

Korean stocks with healthy earnings to shine in H2 2023

South Korea’s Mirae Asset Securities Co. expected local shares with strong earnings including growth stocks to rally in the second half of nex...

Helixmith acquires US patent on new freeze-dried formulation

Helixmith acquires US patent on new freeze-dried formulation

South Korea's biotech company Helixmith Co. said Wednesday it has developed and patented a new freeze-dried formulation for Engensis (VM202), a non-...

Hanwha Q Cells to sell 7 US battery ESS projects to Spain’s Acciona Energia

Hanwha Q Cells to sell 7 US battery ESS projects to Spain’s Acciona Energia

Hanwha Q Cells Co., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, said on Wednesday it has signed a deal to sel...

Hyundai Electric joins hands with GE to enter offshore wind power business

Hyundai Electric joins hands with GE to enter offshore wind power business

Hyundai Electric will advance into the offshore wind power market jointly with GE Renewable Energy.Hyundai Electric, an electric systems spinoff fro...

SK C&C to automate production process of SKC's US subsidiary

SK C&C to automate production process of SKC's US subsidiary

SK C&C announced on Wednesday that it will start a project to install a full-process automation system based on its smart factory platform I-FAC...

CJ Logistics expands global e-commerce shipping services

CJ Logistics expands global e-commerce shipping services

South Korea’s CJ Logistics Corp. is ramping up its cross-border e-commerce (CBE) businesses as its local rival Coupang Inc. is increasing domi...

S. Korea's SillaJen launches clinical trials in US for new anti-cancer drug

S. Korea's SillaJen launches clinical trials in US for new anti-cancer drug

South Korean biotech company Sillajen Inc. has started recruiting patients for Phase 1 clinical trials in the US for an anti-cancer drug from a Swis...

80% of Korea's data centers to use homegrown AI semiconductors by 2030

80% of Korea's data centers to use homegrown AI semiconductors by 2030

South Korea by 2030 will upgrade its level of domestic artificial intelligence (AI) semiconductors to the world's best by using the nation's high-pe...

LG Energy-GM JV secures $2.5 bn loan from US for EV battery production

LG Energy-GM JV secures $2.5 bn loan from US for EV battery production

South Korean battery maker LG Energy Solution Ltd. said on Wednesday its joint venture with General Motors Co. has attracted $2.5 billion via a loan...

Pulmuone to supply food ingredients to 18 US universities

Pulmuone to supply food ingredients to 18 US universities

Pulmuone USA, a US unit of South Korea's Pulmuone, said on Tuesday that it has entered into contractual relations with 18 US universities on both co...

Doosan, DL consortium to invest $130 mn in X-Energy for SMR project

Doosan, DL consortium to invest $130 mn in X-Energy for SMR project

A South Korean consortium led by Doosan Enerbility Co. and DL E&C Co. is investing $130 million in X-Energy LLC, a US nuclear reactor and fuel d...

LG Electronics to launch two OLED gaming monitor models in US

LG Electronics to launch two OLED gaming monitor models in US

South Korea's electronics giant LG Electronics Co. announced on Monday that starting on the same day it would release the world's first OLED gaming ...

Boryung holds Care-in-Space Challenge in US for space healthcare startups

Boryung holds Care-in-Space Challenge in US for space healthcare startups

South Korea's pharmaceutical company Boryeong said on Friday that it held the first "Care-in-Space Challenge" event, a new space healthcare startup ...

Sulbing opens 1st US store in California in March next year

Sulbing opens 1st US store in California in March next year

South Korean dessert café Sulbing said on Friday that it signed a new master franchise contract to declare its entry into the US market and a...

KIC buys stake in US credit asset manager Golub Capital

KIC buys stake in US credit asset manager Golub Capital

Korea Investment Corporation (KIC) has made its first direct investment in an asset management firm, the South Korean sovereign wealth fund said on ...

SK Hynix develops world's fastest server DRAM sample

SK Hynix develops world's fastest server DRAM sample

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Thursday it has developed working samples of DDR5 multiplexer combined ranks dual ...

Coupang to invest $4.7 billion in supply chains in Korea over 12 years

Coupang to invest $4.7 billion in supply chains in Korea over 12 years

  South Korea's e-commerce giant Coupang has briefed US Ambassador to Seoul Philip Goldberg at the company's fulfillment center in Daegu, a fa...

Kia to produce flagship EV9 at Georgia plant in US from 2024

Kia to produce flagship EV9 at Georgia plant in US from 2024

Kia Corp., South Korea’s second-largest automaker, will manufacture the EV9, its large flagship electric SUV, at its plant in the US state of ...

SK On-Ford Motor EV battery joint venture breaks ground in Kentucky

SK On-Ford Motor EV battery joint venture breaks ground in Kentucky

NEW YORK – SK On Co., a leading South Korean battery maker, and Ford Motor Co. have begun building their multi-billion-dollar joint venture in...

Kimchi exports to US reach record high of $27 million so far this year 

Kimchi exports to US reach record high of $27 million so far this year 

Exports of kimchi to the United States increased steadily to reach a record high of $26.7 million worth of the fermented dish between January and No...

LG Chem unveils eco-friendly bioplastic, supplies to US toy firm Mattel

LG Chem unveils eco-friendly bioplastic, supplies to US toy firm Mattel

LG Chem Ltd., South Korea’s largest chemicals maker, has unveiled a new eco-friendly high-performance bioplastic and supplied it to Mattel Inc...

LabGenomics, NGeneBio join forces for US market

LabGenomics, NGeneBio join forces for US market

Korea's two diagnostics companies, NGeneBio Co. and LabGenomics Co., signed a memorandum of understanding (MOU) on Thursday to cooperate in the fiel...

Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features S.Korea to overhaul retirement pension system, introduce competition for higher returns POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn in shares   Seoul vows zero-tolerance measures against unfair stock trading