POSCO Future M cut greenhouse gases 8.6% in 2022

POSCO Future M cut greenhouse gases 8.6% in 2022

South Korea's chemical company POSCO Future M Co. last year lowered greenhouse gases a surprising 8.6% from 2021. Reducing its CO2 emissions despite...

India rises as LG's cash cow under revised S.Korean tax laws

India rises as LG's cash cow under revised S.Korean tax laws

South Korea’s LG Electronics Inc. has received nearly 600 billion won ($470 million) in dividends from its overseas operations in the first qu...

DB Insurance acquires Vietnam's 9th largest insurance company

DB Insurance acquires Vietnam's 9th largest insurance company

DB Insurance Co., a South Korean non-life insurance company, announced on Friday that it has signed an acquisition agreement with the Saigon-Hanoi...

S.Korea's KakaoBank to launch internet bank in Thailand

S.Korea's KakaoBank to launch internet bank in Thailand

South Korea's KakaoBank Corp. has begun its advance into Southeast Asia through a tie-up with a financial company in Thailand. KakaoBank on Friday ...

Tierone Corp.

Tierone Corp.

Key facts Industry Injection molding & product development consultancy Mainstay products/services Injection molding with QDM, family...

CJ Logistics, Evergreen sign agreement for logistics cooperation

CJ Logistics, Evergreen sign agreement for logistics cooperation

South Korea's CJ Logistics has entered into mutual cooperation with the Taiwan-based global shipping company Evergreen Marine Corporation for the ...

SK Signet to launch Tesla-compatible EV chargers in 2023

SK Signet to launch Tesla-compatible EV chargers in 2023

SK Signet Inc., an affiliate of South Korea's SK Group that makes and sells electric vehicle (EV) chargers, announced plans on Wednesday to release ...

Celltrion wins phase 3 IND approval for Ocrevus biosimilar in US

Celltrion wins phase 3 IND approval for Ocrevus biosimilar in US

South Korea's biopharmaceutical company Celltrion Inc. announced that it received on Thursday approval from the US Food and Drug Administration (FDA...

KOTRA holds IR meeting in Tokyo for Japanese companies

KOTRA holds IR meeting in Tokyo for Japanese companies

Invest Korea, KOTRA's organization dedicated to attracting foreign investment, held an IR for Japanese companies interested in entering South Korea ...

CJ Darcl certified as best workplace in India by GPTW

CJ Darcl certified as best workplace in India by GPTW

CJ Logistics announced on Thursday that its Indian affiliate CJ Darcl has been certified as a 2023-2024 Best Workplace in India by GPTW, a research ...

S.Korea's Seegene to share tech with Spanish diagnostics company

S.Korea's Seegene to share tech with Spanish diagnostics company

South Korea's in vitro diagnostic product maker Seegene Inc. on Wednesday said it signed a technology-sharing agreement with the Barcelona, Spain-ba...

LG, Samsung showcase new battery packs at InterBattery Europe 2023

LG, Samsung showcase new battery packs at InterBattery Europe 2023

MUNICH – South Korea’s two leading battery makers – LG Energy Solution Ltd. and Samsung SDI Co. – on Wednesday unveiled low-...

S.Korea's Krafton establishes AI game subsidiary

S.Korea's Krafton establishes AI game subsidiary

South Korea's leading game developer Krafton Inc. announced on Wednesday that it has established a new independent studio called ReLU Games.Krafton ...

SKIET bets big on Europe's battery separator market

SKIET bets big on Europe's battery separator market

DABROWA GORNICZA, Poland – The production line of lithium-ion battery separators in SK IE Technology Co.’s (SKIET) factory in Dąbrowa G&...

Samsung C&T to participate in SMR project in Romania

Samsung C&T to participate in SMR project in Romania

South Korea's Samsung C&T Corp. is working with NuScale Power, a leading American nuclear power company, to promote the construction of a small ...

STX to promote lithium business with Chinese company

STX to promote lithium business with Chinese company

South Korea's general trading company STX announced on Wednesday its plans to accelerate its lithium business with a leading Chinese lithium produce...

Daesang to produce new eco-friendly material Cadaverine

Daesang to produce new eco-friendly material Cadaverine

Daesang Corp., South Korean manufacturer of food and pharmaceutical ingredients, announced on Wednesday that it has developed a new eco-friendly mat...

S.Korea's SK Bioscience to resume domestic flu vaccine output

S.Korea's SK Bioscience to resume domestic flu vaccine output

South Korea's SK Bioscience Co. will resume making domestic flu vaccines by year's end, two years after it stopped production to supply a vaccine fo...

Naver expects to export ICT know-how to Middle Eest market

Naver expects to export ICT know-how to Middle Eest market

A high-ranking delegation from the royal family of Sharjah, one of the seven United Arab Emirates, led by Sheikh Saud bin Sultan Al Qasimi, Director...

Hanwha Ocean's hiring shows shipbuilding's competition for talent

Hanwha Ocean's hiring shows shipbuilding's competition for talent

South Korea's Hanwha Ocean Co., formerly Daewoo Shipbuilding & Marine Engineering Co. (DSME), is showing the intense hiring battle in shipbuildi...

Samsung to collaborate with world's leading solar company

Samsung to collaborate with world's leading solar company

Samsung Electronics Co. announced on Tuesday that it is partnering with SolarEdge Technologies, the world's leading solar smart inverter company, to...

SKC to sell unit to Glenwood PE at $390 mn for future biz

SKC to sell unit to Glenwood PE at $390 mn for future biz

SKC Ltd., a South Korean chemical materials maker, is set to sell a subsidiary to Glenwood Private Equity in a deal estimated at 500 billion won ($3...

Nexon celebrates 20th anniversary of MapleStory

Nexon celebrates 20th anniversary of MapleStory

South Korean gaming giant Nexon Co. marks the 20th anniversary of its popular online game, MapleStory, with a host of exciting ventures based on the...

HL Klemove partners with Neubility to develop self-driving robot

HL Klemove partners with Neubility to develop self-driving robot

South Korea's self-driving technology company HL Klemove has partnered with Neubility, a domestic autonomous driving robot service platform, to coll...

Samsung Bioepis to enhance biosimilar presence with Epysqli

Samsung Bioepis to enhance biosimilar presence with Epysqli

FRANKFURT – Samsung Bioepis Co., a biopharmaceutical unit of South Korea’s top conglomerate Samsung, is looking to gain ground in the ra...

SKC mulls investment in materials in Haiphong, Vietnam

SKC mulls investment in materials in Haiphong, Vietnam

South Korea's SKC has teamed up with Haiphong, a key industrial city in northeastern Vietnam, to reinforce the company's basis for global expansion ...

S.Korea's game companies wage all-out offensive to recruit AI talent

S.Korea's game companies wage all-out offensive to recruit AI talent

The race in South Korea to secure artificial intelligence (AI) know-how in the video game industry, the hottest trend in the field, is intensifying ...

KB Financial, Sompo Japan team up for boosting nursing care services

KB Financial, Sompo Japan team up for boosting nursing care services

South Korea's KB Financial Group and Japan's Sompo Holdings announced on Friday a memorandum of understanding (MOU) to collaborate on nursing care s...

Hanjin to participate in operation of logistics center in Thailand

Hanjin to participate in operation of logistics center in Thailand

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Friday that it will open a 9,000-square-meter container freight ...

LG Uplus to use UAM to slash EMS transportation time

LG Uplus to use UAM to slash EMS transportation time

South Korea's internet service provider LG Uplus Corp. on Thursday said it signed an agreement with the municipal government of Jinju, South Gyeongs...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race