SK Group to step up renewable energy push in Vietnam

SK Group to step up renewable energy push in Vietnam

SK Group will strengthen its partnership with the Vietnamese government to boost eco-friendly business in areas ranging from carbon capture to waste...

Korea Investment, Carlyle Group sign strategic partnership

Korea Investment, Carlyle Group sign strategic partnership

Korea Investment & Securities Co. announced on Friday it has signed a strategic partnership with Carlyle Group, one of the world's leading priva...

Kia’s Q3 profit soars; groupwide design centers revamped

Kia’s Q3 profit soars; groupwide design centers revamped

Kia Corp., South Korea’s second-largest automaker, said on Friday that its third-quarter net profit rose fourfold from a year earlier thanks t...

HD Hyundai develops electric propulsion system for large ships

HD Hyundai develops electric propulsion system for large ships

HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries Co. have secured Approval in Principle (AIP) from the UK's Lloyd's ...

Samsung Group introduces senior outside director system

Samsung Group introduces senior outside director system

Samsung Group has created the position of senior outside director, granted as much authority as the chair of a board of directors, for the first tim...

Naver Cloud to offer edutech service in Mongolia

Naver Cloud to offer edutech service in Mongolia

South Korea's Naver Cloud, the cloud computing arm of Naver Corp., announced on Tuesday it will participate in the Digital Classroom Project of Mong...

Mirae Asset promotes Indian unit head to vice chairman

Mirae Asset promotes Indian unit head to vice chairman

Mirae Asset Financial Group, South Korea’s leading financial conglomerate, on Monday promoted Swarup Mohanty, the head of its Indian asset man...

Lotte, two SK Group units to join hands for carbon capture

Lotte, two SK Group units to join hands for carbon capture

Lotte Chemical Corp., SK Innovation Co. and SK IE Technology Co. (SK IET) have signed a memorandum of understanding (MOU) to make their joint push i...

KT ties up with Thai company for SE Asia hyperscale AI

KT ties up with Thai company for SE Asia hyperscale AI

KT Corp., South Korea’s No.2 mobile carrier, is set to foray into the large language model (LLM) sector in Southeast Asia amid the country's s...

SK Group needs agility to survive disruptions: chairman

SK Group needs agility to survive disruptions: chairman

South Korea's No. 2 conglomerate SK Group needs agile responses to rapidly changing business circumstances amid global geopolitical crises, C...

Hyundai partners with University of London for African market strategy

Hyundai partners with University of London for African market strategy

Hyundai Motor Group announced on Friday its plan to establish two research centers in conjunction with the University of London (UoL) to delve int...

Taeyoung to sell cash cow to shore up ailing construction arm

Taeyoung to sell cash cow to shore up ailing construction arm

South Korea’s medium-sized business group Taeyoung Group said on Wednesday it is near to selling its cash cow logistics unit to shore up its f...

Late Samsung chairman Lee's New Management back in spotlight

Late Samsung chairman Lee's New Management back in spotlight

As the leader of Samsung Group for three decades, the late group Chairman Lee Kun-hee brought fundamental changes to the conglomerate under his &ldq...

POSCO Group chief: steel desperately needs corporate solidarity

POSCO Group chief: steel desperately needs corporate solidarity

South Korea’s POSCO Group on Tuesday said its Chairman Choi Jeong-woo presided over the regular meeting of the World Steel Association on Su...

S.Korea sees rise in young, independent Chinese tourists

S.Korea sees rise in young, independent Chinese tourists

South Korea is welcoming a growing number of Chinese tourists since China lifted a ban on group tours to its neighboring country on Aug. 10 after mo...

Korea's GS Caltex faces FTC probe into intra-group trading

Korea's GS Caltex faces FTC probe into intra-group trading

The Korea Fair Trade Commission (FTC) has begun an investigation process for alleged intra-group transactions between GS Caltex Corp., the country&r...

Hanwha Group chair calls for startup-like entrepreneurial spirit

Hanwha Group chair calls for startup-like entrepreneurial spirit

South Korea’s Hanwha Group Chairman Kim Seung-youn on Monday urged the defense-to-financial conglomerate to revive the bold innovations of its...

Hyundai, Iveco solidify partnership with E-WAY H2 hydrogen fuel cell bus

Hyundai, Iveco solidify partnership with E-WAY H2 hydrogen fuel cell bus

South Korea’s top automaker Hyundai Motor Co. and Italian truck maker Iveco Group N.V. have consolidated their business partnership through th...

S.Korea’s corporate R&D spending lags global rivals

S.Korea’s corporate R&D spending lags global rivals

Major South Korean companies’ spending on research and development lags investments made by their global competitors due to lower government t...

From fast follower to first mover under Hyundai Motor's Chung

From fast follower to first mover under Hyundai Motor's Chung

Hyundai Motor Group Chairman Chung Euisun emphasized “customers” as his management keyword when he took the helm of the largest automoti...

S.Korea's ModaModa partners with Poland's MBF Group

S.Korea's ModaModa partners with Poland's MBF Group

South Korean haircare brand ModaModa has partnered with Poland's MBF Group S.A. for distribution, signifying its entry into the expanding European b...

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...

Lotte's chemical units look for talent from US universities

Lotte's chemical units look for talent from US universities

Lotte Group's two chemical units in South Korea searched for talent in US universities.Lotte Chemical Corp. and Lotte Fine Chemical Co. organized ...

HD Hyundai Oilbank changing into eco-friendly energy entity

HD Hyundai Oilbank changing into eco-friendly energy entity

South Korea's HD Hyundai Oilbank is transforming from a petroleum and oil refinery company into an eco-friendly energy entity through diversificatio...

S.Korea's travel agencies fight for survival with customized products

S.Korea's travel agencies fight for survival with customized products

South Korea’s major travel agencies, feeling threatened by the rise of online travel agencies on the tourism market, are using their strengths...

US OKs Chinese-made solar modules using materials of S.Korea's OCI

US OKs Chinese-made solar modules using materials of S.Korea's OCI

The US has approved the import of Chinese-made solar panels using polysilicon from South Korea's green and energy company OCI Holdings Co.Pundits sa...

Upstage to create interactive chatbot for virtual idols

Upstage to create interactive chatbot for virtual idols

South Korea’s artificial intelligence (AI) startup Upstage announced on Thursday that it has signed a memorandum of understanding (MOU) with M...

Hyundai Steel to pull out of stainless steel market

Hyundai Steel to pull out of stainless steel market

Hyundai Steel Co. has decided to close its stainless steel-making plant in Incheon, South Korea, pulling out of the market amid a flood of Chinese-m...

Taekyung Group to recycle brine water in Saudi Arabia

Taekyung Group to recycle brine water in Saudi Arabia

South Korea's Taekyung Group on Monday said it formed a strategic partnership with Saudi Arabia's government-run Saline Water Conversion Corp. (SWCC...

POSCO Int'l to supply EV motor cores to Hyundai Motor Group

POSCO Int'l to supply EV motor cores to Hyundai Motor Group

South Korea's POSCO International Corp. on Thursday said it signed a deal to supply 3.5 million traction motor cores for electric vehicles (EV) to H...

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