Hyundai Steel further scales back on Chinese operations

South Korea’s Hyundai Steel Co. has sold its subsidiary in Chongqing, China to further scale back Chinese operations as it loses ground to low...

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...

Tokio Marine seeks to sell SE Asia units to S.Korean companies

Japanese insurer Tokio Marine Holdings Inc. is seeking to sell its units in Southeast Asia for $1 billion to major South Korean companies looking fo...

S.Korea's Qurient, US National Cancer Institute to develop anti-cancer drug

South Korea's Qurient Co. announced on Monday that it signed a research and development agreement with the US government agency National Cancer Inst...

Hyundai's premium Genesis cars to break 1 million units in global sales

Genesis, the luxury car brand of Hyundai Motor Co., is on the verge of breaking the million mark in cumulative global sales this month in seven year...

Falling on deaf ears: Costco Korea cart pusher's death

Costco Wholesale’s co-founder Jim Sinegal had said South Korea was a “fantastic market,” where it ran its largest store in terms o...

S.Korea is far more reliant on China for rare earth metal than Japan: report

South Korea is far more dependent than Japan on neodymium permanent magnets from China at 88%, while the rate for Japan, a land devoid of rare earth...

Hyundai's all-new Santa Fe to hit Korean market mid-August

Hyundai Motor Co.'s all-new Santa Fe will finally hit the market with presales to take place this Saturday in South Korea, where the mid-size sport ...

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 ...

Insatiable Hyundai Motor aspires to lead India with SUVs, EVs

Hyundai Motor Group must become “the first mover” in India, which has emerged as the next fierce battlefield for global car makers after...

Flying to S.Korea's Jeju Island? Just bring smartphone

The identity verification app Pass of South Korea's three telecom companies has added another function: enabling a user to board a domestic flight w...

KB Kookmin Bank launches integrated bank in Cambodia

South Korea’s KB Kookmin Bank on Sunday said it received final approval on Friday from Cambodia’s Ministry of Commerce to launch the int...

CJ Logistics teams up with world’s No. 7 shipping company ONE

South Korea's largest parcel delivery service CJ Logistics on Thursday said it signed a strategic partnership deal with Japan’s Ocean Network ...

SK C&C begins to construct S.Korea's first ATS

SK C&C, an information and communications technology affiliate of South Korea’s SK Group announced on Wednesday it has started constructio...

S.Korean carmakers post brisk sales on strong exports in July

South Korea's car sector posted strong sales last month as favorable exports offset the sluggish domestic market.Industry sources on Tuesday said th...

Samsung Bioepis seeks to buy Biogen biosimilar unit

Samsung Bioepis Co., a biopharmaceutical research and development unit under South Korea’s Samsung Group, seeks to buy a biosimilar business d...

POSCO affiliates’ shares surge; market cap rises threefold in 5 years

Shares of POSCO Group affiliates are flying high with the steelmaker rapidly transforming into a battery materials manufacturer, riding the industry...

SK E&S opens representative office in Vietnam

South Korea's renewable energy company SK E&S is speeding up the expansion of its global eco-friendly power generation business by opening a rep...

Avikus to unveil self-sailing marine taxi in Busan

Avikus, an autonomous ship navigation affiliate of South Korea's HD Hyundai Co., will apply its self-developed autonomous navigation solution to mar...

Lotte Group's Shin stresses unlearning as key to innovation

Disregarding existing ways and being open to new opportunities are challenging in South Korea’s large conglomerates, where a strict corporate ...

Naver Webtoon becomes No.1 webtoon platform in France

South Korea's Naver Webtoon has made a name for itself as the top webtoon platform in France. Naver Webtoon announced on Monday that it participated...

Hyundai E&C joins project for Ukraine's post-war reconstruction

South Korea’s Hyundai Engineering & Construction (E&C) has joined a post-war reconstruction project in Ukraine to expand the nation&rs...

Kia opens e-sports pop-up store Earth 6A3

Kia Corp. said on Thursday that it has officially launched its pop-up store of e-sports "Earth 6A3" in Seongsu-dong, Seoul.  With a primar...

EcoPro’s Q2 earnings lag estimates; share plunges

South Korean battery materials maker EcoPro Co. has logged second-quarter earnings below consensus estimates. Its share price, which has soared more...

CJ Logistics revamps itself into tech-based company

South Korea’s CJ Logistics on Monday said it has revamped its internal organization that it had maintained since its foundation in 1930. ...

S.Korea’s SKC seeks to sell fine ceramic business for $307 mn

SKC Ltd., a South Korean chemicals maker, is seeking to sell its fine ceramic business for an estimated 400 billion won ($307 million) as the unit o...

Samsung Electronics creates global hit with new gaming monitor

Samsung Electronics Co. ’s new gaming monitor has received over 3,000 advance orders worldwide.The company on Monday said it began presale of ...

LG Elec Q2 profit misses forecast on costs; stocks tumble

LG Electronics Inc., the world’s leading home appliance maker, missed quarterly profit projections due to one-time costs related to job cuts, ...

Beauty markets in three NE Asian nations split into cheap, small luxury

The beauty markets of South Korea, China and Japan are split into cost-effective products of under $10 and "small luxury" items like premium perfume...

SCM Lifescience kicks off anti-hair loss product exports to SE Asia

South Korea’s stem cell tech company SCM Lifescience on Wednesday said it has started full-scale exports to Southeast Asia of its hair loss ca...