Hanwha Ocean wins $1.4 bn order from Yang Ming to build 7 containerships
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has bagged an order to build seven containerships, valued at about 2 trillion won (...
Samsung Electronics' TV guru Han Jong-hee dies of cardiac arrest at 63
Han Jong-hee, vice chairman and co-chief executive of Samsung Electronics Co., has died from cardiac arrest, the company said on Tuesday. He was 63....
Woori Financial CEO Yim Jong-yong should stay for governance: FSS chief
Woori Financial Group Chief Executive and Chairman Yim Jong-yong should keep his post through to the end of his term and lead the banking group&rsqu...
BTS Jin to enter liquor business
BTS Jin plans to enter Korean traditional liquor business with Baek Jong-won, founder and CEO of The Born Korea Co., the entertainment industry sour...
Samsung SDS to build AI-focused data center at Samsung Electronics’ plant
Samsung SDS Co., the information technology service unit of South Korea’s Samsung Group, plans to build an artificial intelligence data center...
Kim Jong Un’s Message to Trump: We’re Not Interested
SEOUL—North Korean leader Kim Jong Un appeared to rebuff the prospect of reviving his nuclear diplomacy with President-elect Do...
HYBE shares fall after NewJeans demand Min's reinstatement
HYBE Co. has suffered a fall of its share price for two consecutive days after its popular girl group NewJeans demanded their former creative direct...
HMM to spend $17.5 bn by 2030 to double cargo capacity
HMM Co., South Korea’s largest ocean carrier, said on Tuesday it will spend 23.5 trillion won ($17.5 billion) by 2030 to nearly double its car...
Korea’s Gordon Ramsay accelerates moves for $63 mn IPO
TheBorn Korea Inc., a leading South Korean food and beverage group operated by TV celebrity and chef Paik Jong-won, has accelerated its moves for an...
This Song Is Catchy and Going Viral. It’s Also North Korean Propaganda.
SEOUL—Jordan Daniels, a 31-year-old pianist and software engineer in California, posted a cover of a catchy new tune on TikTok. One asp...
ADOR CEO behind NewJeans stays with HYBE after court win
A legal battle between South Korea’s entertainment powerhouse HYBE Co. and the chief of its sublabel ADOR will likely drag on as the internati...
Kim Jong Un’s Balloon Barrage: Bags of Excrement Fly Into the South
SEOUL—An unusual sight drifted into South Korean skies on Wednesday: Large white balloons carrying plastic bags of North Korean trash. Some co...
S.Korea’s KT to innovate media, content businesses with AI
South Korea’s telecom giant KT Corp. is set to innovate its media and content businesses with artificial intelligence as it seeks new growth d...
With AI tech, Samsung Electronics on par with Apple: Han Jong-hee
MILAN, ITALY – South Korean tech giant Samsung Electronics Co. has for years been desperate to catch up to US Big Tech Apple Inc. in high-end ...
Samsung Elec vies for Johnson Controls' HVAC units
Samsung Electronics Co. has joined the race to buy Johnson Controls International’s heating, ventilation and air conditioning (HVAC) assets wo...
North Korea’s missiles tested on the battlefields of Ukraine
SEOUL—One of the world’s biggest illicit-arms suppliers just got a major advertisement.In recent weeks, Russian forces have fired...
SK On Vice Chair Chey Jae-won sees greater growth potential in 2024
Chey Jae-won, executive senior vice chairman of SK On Co., a leading South Korean battery maker, said on Thursday he expects the company’s gro...
Cho Yang-rai to fight back in MBK Partners’ bid to acquire Hankook Tire
Cho Yang-rai, honorary chairman of Hankook & Company Co., has vowed to fight MBK Partners Ltd.’s bid to take over the holding company of S...
Kim Jong Un urges women to be good comrades — and give birth
SEOUL—Kim Jong Un has a new mission for North Korean women: Have more babies.Kim acknowledged the impoverished nation’s plunging bi...
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...
China Appears to Have Repatriated North Koreans Despite International Pressure
SEOUL—China appeared to have repatriated a large number of North Koreans this week, despite international pressure given the harsh punishment ...
KB Financial Vice Chairman Yang named sole chairman candidate
KB Financial Group Inc. has chosen Yang Jong-hee, its vice chairman, as the sole candidate for its next chief in charge of South Korea’s leadi...
North Korea’s Kim Jong Un Expected to Meet Putin in Russia
WASHINGTON—North Korean leader Kim Jong Un is expected to travel to Russia soon to meet with President Vladimir Putin, U.S. officials said Mon...
First S.Korean elected chairman of global shipbuilding committee
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Tuesday that their technical advisor, Shin Jong Gye, has been elected as the...
US to send Its biggest sub to Korean Peninsula in message to North and South
SEOUL—The U.S. plans to send its largest nuclear-armed submarine to South Korea for the first time in four decades, in an effort to deter Nort...
N.Korea's military reconnaissance satellite launch imminent
North Korean leader Kim Jong-un broke a month of stealth to visit the site of preparations for the launch of the first military reconnaissance satel...
North Korea's first spy satellite launch imminent
North Korean leader Kim Jong-un instructed officials to make preparations to launch its first military reconnaissance satellite as planned, the Nort...
Korea’s SPC Samlip, Siam Makro to tie up for Thai bakery business
SPC Samlip Corp., a unit of South Korea’s food and bakery giant SPC Group, said on Monday it has forged a business partnership with Siam Makro...
Nanodrug maker CEO calls on Yoon government for deregulation
South Korean startups won four out of the 23 Best of Innovation awards at CES 2023, the world’s largest tech show last month. Among the winner...
S.Korea's science minister calls small modular reactors 'game changers'
Minister of Science and ICT Lee Jong-ho on Thursday pledged full support for the development of small modular reactors (SMRs), which he called a "ga...
