S.Korea sees release of generic diabetes drugs after Forxiga patent expires

S.Korea sees release of generic diabetes drugs after Forxiga patent expires

South Korea's pharmaceutical companies are competing to sell generic drugs to raise their presence on the domestic market for diabetes treatment wit...

Korea’s debt-ridden public companies selling off overseas coal mines

Korea’s debt-ridden public companies selling off overseas coal mines

South Korea’s debt-ridden public enterprises are selling off their stakes in overseas coal mines to improve their financial status and stay in...

Chanel watches make world's 1st online debut in Korea

Chanel watches make world's 1st online debut in Korea

Chanel watches have made their online debut through South Korea's leading platform SSG.COM, becoming the French brand’s first launch of fashio...

Korea Coal Corp. to sell Mongolian mine amid energy resource boom

Korea Coal Corp. to sell Mongolian mine amid energy resource boom

Korea Coal Corporation, a South Korean state-owned firm, is preparing to sell its Khotgor Shanaga coal mine in Mongolia, which it acquired in 2010...

S.Korean stocks at 8-month high as foreigners chase Samsung

S.Korean stocks at 8-month high as foreigners chase Samsung

South Korean stocks hit an eight-month high on Monday as foreign investors continued to chase Samsung Electronics Co., the country’s most valu...

S.Korean low-cost carriers keep expanding routes to SE Asia

S.Korean low-cost carriers keep expanding routes to SE Asia

South Korean low-cost airlines have started expanding their flight routes. It is based on the expectation that there will be a significant incre...

JW Pharma to use zebrafish in new drug development

JW Pharma to use zebrafish in new drug development

South Korean drug developer JW Pharmaceutical has entered into a memorandum of understanding (MOU) with Zefit, a domestic non-clinical trial institu...

S.Korea to allocate 70% of annual R&D budget to eleven core tech areas

S.Korea to allocate 70% of annual R&D budget to eleven core tech areas

The South Korean government plans to allocate 70% of its annual R&D budget to 40 projects for research and development in eleven core industrial...

Samsung to transfer proprietary technologies to SMEs for free

Samsung to transfer proprietary technologies to SMEs for free

Samsung Electronics Co. has partnered with South Korean government to transfer patented technologies free of charge in an effort to support the grow...

S.Korean semiconductor industry faces sharp decline: report

S.Korean semiconductor industry faces sharp decline: report

The Korea Development Institute (KDI), a renowned government-affiliated economic think tank in South Korea, disclosed on Sunday that the domestic se...

BOK to hold rate on Tuesday as inflation, growth ease

BOK to hold rate on Tuesday as inflation, growth ease

South Korea’s central bank was widely expected to leave its policy interest rate unchanged this week as inflation slows amid fears of a recess...

S.Korean ramen's exports reach new heights amid K-content boom

S.Korean ramen's exports reach new heights amid K-content boom

Riding the wave of the K-content craze, South Korean ramen's overseas status is soaring. In the first quarter of this year, the ramen export value e...

POSCO Group plans talks with former US diplomat

POSCO Group plans talks with former US diplomat

Former US Deputy Secretary of State Stephen Biegun will hold talks with Chairman Choi Jeong-woo of South Korea’s POSCO Group.They will discuss...

LG tops in market cap gain, beating Samsung, SK, Hyundai Motor

LG tops in market cap gain, beating Samsung, SK, Hyundai Motor

The total market value of companies under South Korea’s fourth-largest business group LG increased the most in a year, beating out its bigger ...

Samsung's Neo QLED 8K wins critical acclaim in US, UK

Samsung's Neo QLED 8K wins critical acclaim in US, UK

Samsung Electronics Co. announced on Sunday that its recently released the 2023 Neo QLED TV has received high praise from major professional media...

60% of S.Koreans think AI will take away jobs: survey

60% of S.Koreans think AI will take away jobs: survey

A recent survey conducted by The Poll, a blockchain-based opinion poll company, has revealed that six out of ten Korean citizens are concerned...

Some 60% of S.Koreans think AI will take away jobs: Survey

Some 60% of S.Koreans think AI will take away jobs: Survey

A recent survey conducted by The Poll, a blockchain-based opinion poll company, has revealed that six out of ten Korean citizens are concerned that ...

HD Hyundai moves K-pop gala to Busan for World Expo bid

HD Hyundai moves K-pop gala to Busan for World Expo bid

South Korea’s HD Hyundai Co. will move an annual K-pop concert to Busan this year to support the city’s bid to host the 2030 World Expo....

SK Energy opens S.Korea's first hydrogen charging station for large trucks

SK Energy opens S.Korea's first hydrogen charging station for large trucks

SK Energy is the first company in South Korea to launch a station for charging large hydrogen-powered trucks. The company on Sunday said it held a c...

Samsung prepares for DRAM upturn with bold investment even after chip output cut

Samsung prepares for DRAM upturn with bold investment even after chip output cut

Samsung Electronics Co. has joined its peers in cutting memory chip production on its chip division’s anticipated first loss in more than a de...

LG Electronics eyes solid Q2 results after Q1 earnings surprise

LG Electronics eyes solid Q2 results after Q1 earnings surprise

LG Electronics Inc. is expected to report solid earnings for the second quarter after its first-quarter operating profit beat market expectations an...

Hanwha inks largest supply deal for US community solar biz

Hanwha inks largest supply deal for US community solar biz

South Korea’s Hanwha Solutions Corp. is set to sell 2.5 million modules to US community solar programs through the largest-ever supply deal fo...

S. Korean food company Ottogi opens new research center

S. Korean food company Ottogi opens new research center

South Korean food company Ottogi Co. has announced on Friday the opening of the food safety science research institute at its Ottogi Research Center...

LG Energy’s Q1 profit soars on gains from US battery tax credits

LG Energy’s Q1 profit soars on gains from US battery tax credits

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday its first-quarter operating profit likely more than doubled,...

S.Korea's Musinsa promotes domestic fashion brands in Tokyo

S.Korea's Musinsa promotes domestic fashion brands in Tokyo

South Korea's e-commerce fashion platform Musinsa announced on Friday that it opens a K-fashion brand pop-up store in Tokyo's Harajuku until April 1...

HD Hyundai Elec commercializes DC distribution facilities for 1 MW bldgs

HD Hyundai Elec commercializes DC distribution facilities for 1 MW bldgs

HD Hyundai Electric Co., the electrical power equipment and energy solution affiliate of South Korean conglomerate HD Hyundai Co. Group, on Friday s...

Paris Baguette to showcase at London Franchise Show 2023

Paris Baguette to showcase at London Franchise Show 2023

Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Friday that it will participate in the London International Franchise...

S.Korean AI chip fabless Rebellions beats global chip giants in MLPerf tests

S.Korean AI chip fabless Rebellions beats global chip giants in MLPerf tests

Rebellions Inc., a South Korean artificial intelligence chip design startup, beat global chip giants Qualcomm Technologies Inc. and Nvidia Corp. in ...

SK, Samsung accelerate S.Korea’s CO2 capture biz growth

SK, Samsung accelerate S.Korea’s CO2 capture biz growth

Samsung and SK, South Korea’s two largest conglomerates, are speeding up the growth in the carbon capture, utilization and storage (CCUS) busi...

Korea's InnoGrid to collaborate with Hyosung for cloud business

Korea's InnoGrid to collaborate with Hyosung for cloud business

InnoGrid Co., South Korea's cloud computing and digital transformation (DT) specialist, announced on Friday that it has signed an agreement with dat...

Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs Kia to make, sell China-launched EV5 in Korea to keep top spot Samsung Asset leads H1 AUM rankings amid ETF boom Yonsei University: Unlikely yet adroit dealmaker in S.Korea’s M&A market