Samsung Asset Management's bond-type ETF assets exceed $7.9 billion

Investment in South Korea is pouring into bond-type exchange-traded funds (ETFs) under the anticipation that interest rate hikes end this year. Such...

Korean listed firms’ Q4 results miss forecast by big margin

Weak demand from a global economic slump took a big toll on South Korean companies in the fourth quarter of last year, making many of them miss earn...

S.Korea's banks see deposits plummet $35.5 billion in Jan

Banks in South Korea last month saw deposits plummet over 45 trillion won ($35.5 billion) from the previous month due to a decline in deposit intere...

LG Electronics, Qualcomm forge ahead in autonomous driving

LG Electronics Inc. has joined forces with Qualcomm Technology to enhance collaboration in the fields of autonomous driving and advanced driver assi...

Daewoong Pharma wins permission from Singapore for Nabota

South Korea's drug development company Daewoong Pharmaceutical said on Thursday that it received on Jan. 20 product approval for its botulinum toxin...

LIG Nex1 to work with Romanian state-run defense supplier

South Korea's defense contractor LIG Nex1 Co. will join hands with ROMARM, a Romanian state-run defense company, to develop anti-aircraft missiles a...

SK Telecom develops reconfigurable surface tech for 6G transmission

SK Telecom Co. on Thursday said it developed the world's first reconfigurable intelligent surface (RIS) technology that transmits 6G candidate frequ...

Hyundai Eng. promotes MMR nuclear power plant project in Poland

Hyundai Engineering is promoting a micro module nuclear power plant project in Poland, on the heels of completing a similar project in Canada.The co...

S.Korea's InnoGene sets its public offering price at 3,000 won

InnoGene, which is seeking to be listed on the Kosdaq market at the end of this month, said on Wednesday that it has confirmed its offering price at...

Kyobo Life Insurance speeds up creation of holding company

South Korea’s Kyobo Life Insurance Co. is set to establish a holding company by the second half of 2024. The major insurer seeks to raise its ...

SK Hynix set for largest-ever corporate bond issue at bargain prices

SK Hynix Inc., the world’s second-largest memory chipmaker, is gearing up for its largest-ever corporate bond issue in South Korea at lower-th...

LG makes big B2B push to regain momentum, boost profits: CEO

South Korea’s home appliance giant LG Electronics Inc. is stepping up efforts to enhance its presence in the global business-to-business marke...

S.Korean firms offer aid to earthquake-stricken Turkey

South Korean companies are joining the international effort to aid Turkey in the aftermath of a devastating earthquake.Doosan Group announced on Wed...

AfreecaTV, VTVCab agree on live streaming platform service in Vietnam

South Korea's video streaming platform AfreecaTV Co. said Wednesday that it has agreed with VTVCab, a member of  Vietnam's largest state-run TV...

Hyundai Card to provide Apple Pay in South Korea

Apple and Hyundai Card on Wednesday officially announced the launch of the simple payment service Apple Pay in South Korea.The American tech giant s...

Medytox to sell off 2.2 mn shares of Daewoong's American partner Evolus

Medytox Inc. said in a regulatory filing on Wednesday that it is selling off approximately 2.19 million shares of Evolus, Daewoong Pharmaceutical's ...

Humasis participates Dubai MEDLAB Middle East 2023

South Korean medical devices maker, Humasis Co., is participating in the MEDLAB Middle East 2023 event taking place at the Dubai World Trade Center ...

Coreline Soft to supply AI diagnosis solution to France

Coreline Soft, a South Korean company specializing in developing medical artificial intelligence (AI) devices, said on Tuesday that it has signed an...

Samsung’s Lee may ramp up investment in QD-OLED panels

Samsung Electronics Co. may ramp up its investment in screen panel affiliate Samsung Display Co. to meet growing demand for next-generation quantum ...

Korean biopharma, biotech companies scale up as sales balloon

South Korea’s biotech and biopharmaceutical companies are growing big with their sales rising above 1 trillion won ($796 million) last year on...

Doosan Enerbility, Siemens Gamesa join forces for offshore wind power

Major South Korean power plant builder, Doosan Enerbility Co., has entered into a strategic partnership with the world's No. 1 offshore wind power c...

SK Bioscience gets info security management system certification

SK Bioscience Co. said on Tuesday that its Pangyo headquarters and its vaccine production facility L House in Andong, South Korea, have acquired ISO...

South Korea's SK Ecoplant localizes core tech to make ultrapure water

South Korea's SK Ecoplant Co. is expanding its portfolio in the water industry through localizing core technology to produce ultrapure water (UPW), ...

HMM joins UNGC to strengthen ESG management

HMM Co., a South Korean container shipping company formerly known as Hyundai Merchant Marine, said on Monday that it has joined the United Nations G...

Samsung, LG Elec target N.American air conditioner market at trade show

Samsung Electronics Co. and LG Electronics Inc. are vying for the North American market for air conditioners with their cutting-edge solutions in th...

LG Electronics honored for resolving consumer complaints

LG Electronics Inc. on Monday said it was named an "excellent business for independently resolving consumer complaints" by the Korea Consumer Agency...

South Korean companies rattled by activist shareholders

South Korea’s major companies are under attack by activist shareholders, who are exerting ever-increasing clout over critical corporate decisi...

SK Ecoplant changes North American corporation name

SK Ecoplant Co., a construction company of S.Korea's SK Group, said on Monday that it would change the name of its North American corporation BETEK,...

LS Electric receives int'l certification for R&D process security

LS Electric Co., a South Korean electric power and automation equipment maker, has achieved a major milestone by obtaining international standard ce...

S.Korea's Boryung receives EU GMP certification

South Korean pharmaceutical company Boryung announced that its production facility for anti-cancer injections in Yesan, South Chungcheong Province, ...