Major startup event Slush to hold spin-off meeting in Korea

Slush, one of the world’s largest startup events, is set to hold a spin-off meeting in South Korea this year.Slush is a startup and tech event...

Cosmax shows off advanced beauty tech at CES with Seoul Nat'l Univ.

Cosmax, a cosmetics original design manufacturer (ODM) of South Korea, said on Tuesday that it unveiled the beauty technology developed jointly ...

Seoul in talks to share nuclear plant export profits with Westinghouse

Korea Hydro & Nuclear Power Co. and its parent company Korea Electric Power Corp. are in discussion with Westinghouse Electric Corp. to share pr...

Seoul ranks 7th in city competitiveness assessed by Japanese Institute

Seoul's urban competitiveness rebounded after five years, ranking seventh in the world. It was due to the fact that the ranking of the economy categ...

Hotels in top Seoul tourist area on sale due to rate hikes

South Korea's KB Asset Management Co. is set to sell two three-star hotel buildings in Myeong-dong, one of the most popular spots for foreign touris...

Seoul Viosys receives CES Display Innovation Award

Seoul Viosys Co. said on Tuesday that it received the Innovation Award in the display category for a component called "WICOP pixel" at CES 2023, the...

Hilton Seoul to close business for redevelopment project

Millennium Hilton Seoul, founded in 1983, will close down for business on Dec. 31 due to redevelopment plans for the property.The five-star hotel ...

SuperBin completes plastic recycling factory in Seoul suburb

SuperBin, a South Korean startup reshaping the waste recycling ecosystem using Fourth Industrial Revolution technologies, on Thursday said it had co...

Commercial building transactions plummet to 2008 financial crisis level

In October, commercial building sales in Seoul plunged to the level of the 2008 global financial crisis.According to an analysis of actual transacti...

Buying a home in Seoul becomes tougher in 2021

Saving income to buy a house in South Korea has become more difficult and taking longer, according to a report by the Ministry of Land, Infrastruc...

Seoul reclaims spot as Japanese tourists' top destination after 11 yrs: HIS

Seoul has become the top destination for Japanese tourists for the first time since 2011, according to Japan’s leading travel agency HIS Gro...

Hyundai E&C creates world's first children's playground using 3D printing

Hyundai Engineering & Construction said on Thursday it has installed children's playground equipment it made using 3D printing technology at Hil...

Korea to revise dividend policy to ease ‘Korea discount’ concerns

South Korea plans to revise its stock dividend policy as part of a broader financial market reform to help attract foreign investors and obtain MSCI...

Korean universities lag international peers in nurturing entrepreneurs

The prestigious Seoul National University was the only university in South Korea to rank among the top 100 universities in terms of producing futu...

Seoul more expensive than Tokyo for expats due to high real estate costs

TOKYO — The monthly rent of a commercial building in Seoul has surpassed that of Tokyo for the first time.The rent for an office building in t...

BTS Jin's solo debut album sells over 1 mn copies in 16 days

"The Astronaut," the first solo album of K-pop megaband BTS member Jin, has sold over 1 million copies in the 16 days since its launch.Released on O...

Saudi prince’s Seoul trip brings $30 billion in business deals

Mohammed bin Salman, the crown prince and prime minister of Saudi Arabia, flew into Seoul on Thursday and clinched $30 billion in bilateral deals wi...

FTX implosion disrupts interest issuance by GOPAX product

The implosion of the Bahamas-based crypto exchange FTX is causing ripple effects around the world, and South Korea is no exception.Seoul-based cry...

UK regulator flags concerns over Korean Air-Asiana merger

The British antitrust watchdog raised concerns over the impact on competition of the proposed merger between South Korea’s two largest carrier...

Saudi crown prince to meet Korean business leaders in Seoul

Saudi Arabia’s crown prince Mohammed bin Salman is known to be planning meetings with leaders of major South Korean conglomerates, including S...

S-Oil to OK $6 billion Shaheen project as Saudi prince heads to Seoul

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., will approve the much-touted 8 trillion won ($6 billion) Shaheen project to expand its ...

Delivery startup VtoV raises $7.2 million from Series A round 

South Korean logistics startup VtoV, the operator of optimized delivery service To-Day, raised 9.5 billion won ($7.2 million) from a Series A round....

South Korea’s biggest startup event ComeUp 2022 kicks off in Seoul 

South Korea’s largest startup event ComeUp kicked off on Wednesday at the Dongdaemun Design Plaza (DDP). The annual event, which celebrat...

Jin from BTS becomes new face of Ottogi Jin Ramen 

South Korea’s food manufacturing giant Ottogi Co. has selected Jin from K-pop band BTS as its new face of the uber-popular Jin Ramen line.&nbs...

Microsoft CEO Nadella to speak at developers' forum in Seoul

Microsoft Korea said on Tuesday that it will host Microsoft Ignite Spotlight on Korea, an annual conference for developers and IT professionals, on ...

S.Korean lunar orbiter sends 'Dynamite' BTS video to Earth

South Korea's unmanned space vehicle Danuri has sent texts and images from space to Earth, the Ministry of Science and ICT announced Monday. Da...

Weak won leads HSBC's Seoul branch to raise capital

The Seoul branch of the UK-based Hong Kong and Shanghai Banking Corp. (HSBC) has made a capital increase of over 20% to raise its capital adequacy r...

Korea, Hyundai Motor request 3-year reprieve on US EV tax credit law

The South Korean government and the country’s top automaker Hyundai Motor Co. have requested the US government give Korean carmakers a three-y...

Korean LED maker marks 100th victory in global patent wars

Seoul Semiconductor Co., the world’s second-largest light-emitting diode (LED) display maker, won a patent lawsuit in Germany, setting a recor...

H Robotics enters the UAE market with rehabilitation robot Rebless

South Korean startup H Robotics will enter the Middle East with the rehabilitation robot Rebless, an FDA-registered robotic therapy device for both ...