US court rules in favor of Korea's nuclear reactor exports

US court rules in favor of Korea's nuclear reactor exports

A US district court on Monday dismissed Westinghouse Electric Corp.’s lawsuit against South Korean state-run companies to block their nuclear ...

Hyosung’s sibling feud continues with second son in court on trial

Hyosung’s sibling feud continues with second son in court on trial

It all began in July 2014 when Cho Hyun-joon, currently the Hyosung Group chairman, was sued by his younger brother Cho Hyun-moon on charges of embe...

Hyundai donates medical wearable robot to support rehabilitation

Hyundai donates medical wearable robot to support rehabilitation

Hyundai Motor Co. donated on Wednesday two medical wearable robots to Asan Medical Center in the south of Seoul for "gait rehabilitation robot thera...

POSCO conducts pilot release of rare metal ferrochrome

POSCO conducts pilot release of rare metal ferrochrome

South Korea's steelmaker POSCO and the government-run Korea Mine Rehabilitation and Mineral Resources Corp. (KOMIR) on Friday announced the first pi...

S.Korean supreme court upholds $800 mn fine against Qualcomm

S.Korean supreme court upholds $800 mn fine against Qualcomm

South Korea’s Supreme Court on Thursday reaffirmed the country’s largest-ever penalty of 1.03 trillion won ($800 million) imposed on Qua...

LG H&H hosts Korean Royal Court Culture event with Four Seasons Seoul

LG H&H hosts Korean Royal Court Culture event with Four Seasons Seoul

South Korea's major consumer goods company LG H&H Co. announced on Thursday that its cosmetics brand, The History of Whoo, hosts an event called...

HYBE wins 2nd battle against Kakao over SM Entertainment

HYBE wins 2nd battle against Kakao over SM Entertainment

A South Korean court on Friday ruled in favor of SM Entertainment Co. Founder and former Chief Producer Lee Soo-man to block the company from sellin...

S.Korea’s KT&G engulfed in lawsuit against activist funds

S.Korea’s KT&G engulfed in lawsuit against activist funds

The world’s fifth-largest tobacco maker KT&G’s battle against activist investors intensified as a group of funds sued the South Kore...

KHNP, Westinghouse in talks to resolve Poland reactor dispute

KHNP, Westinghouse in talks to resolve Poland reactor dispute

Korea Hydro & Nuclear Power Co. (KHNP) and Westinghouse Electric Co. are in negotiations to settle their dispute over reactor design licensing, ...

Korean court rules Daewoong poached Medytox’s botox strain

Korean court rules Daewoong poached Medytox’s botox strain

A South Korean court on Friday ruled in favor of Medytox Inc. in a civil lawsuit against its crosstown rival Daewoong Pharmaceutical Co. over the so...

Korea cryptocurrency WEMIX to be delisted on court ruling

Korea cryptocurrency WEMIX to be delisted on court ruling

WEMIX, a South Korean cryptocurrency issued by WeMade Co., will be delisted on Thursday after a court ruled in favor of four local crypto exchanges’ d...

H Robotics enters the UAE market with rehabilitation robot Rebless

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 ...

Yoon courts lost decade for Korean women

Yoon courts lost decade for Korean women

People can debate what it means for the government of a top-12 economy to be “anti-feminist.” There is no question, though, that President...

Bitcoin is not money: South Korean court

Bitcoin is not money: South Korean court

A South Korean court judged that Bitcoin, the world’s leading virtual currency, is not money and therefore the cryptocurrency is not subject t...

Court clears way for Hahn & Co.'s Namyang Dairy deal

Court clears way for Hahn & Co.'s Namyang Dairy deal

Seoul-based private equity firm Hahn & Co. has won a legal battle against South Korea’s Namyang Dairy Products Co.’s owner family, w...

Shareholder activism gathers momentum in South Korea

Shareholder activism gathers momentum in South Korea

Institutional investors gathered momentum for shareholder activism in South Korea not only to boost their values but also to improve corporate gover...

Terraform Labs co-founder Do Kwon faces arrest warrant in South Korea

Terraform Labs co-founder Do Kwon faces arrest warrant in South Korea

A South Korean court issued an arrest warrant to Terraform Labs co-founder Do Kwon, a cryptocurrency ecosystem that imploded earlier this year. ...

Terra founder Do Kwon vows to communicate proactively with press

Terra founder Do Kwon vows to communicate proactively with press

Terraform Labs' founder and CEO Do Kwon has reemerged on Twitter, after making his account private for a couple of days. Two weeks after Terra&...

LG Energy completes LFP battery development for Tesla

LG Energy completes LFP battery development for Tesla

South Korea’s LG Energy Solution Ltd., the world’s No. 2 battery producer, boosted its muscle to court industry leader China’s Con...

Seoul court upholds Affinity's Kyobo Life valuation

Seoul court upholds Affinity's Kyobo Life valuation

A South Korean court on Thursday ruled in favor of Affinity Equity-led financial investors (FIs) in Kyobo Life Insurance Co., rejecting Kyobo's clai...

Edison Motors and Ssangyong Motor ink takeover deal

Edison Motors and Ssangyong Motor ink takeover deal

Ssangyong Motor Co. has finally found a new owner. South Korea’s bankruptcy court approved Ssangyong Motor Co. and electric carmaker Edison Mo...

Namyang top shareholder barred from casting vote at general meeting

Namyang top shareholder barred from casting vote at general meeting

Namyang Dairy Products Co.'s top shareholder and Chairman Hong Won-sik will be barred from exercising his shareholder rights at the company's genera...

Tesco ordered to return $160 mn to MBK over Homeplus deal

Tesco ordered to return $160 mn to MBK over Homeplus deal

Tesco Plc, the UK's largest retailer, was recently ordered by an international arbitration court to return £119 million ($163 million) to MBK ...

Korean startup closer to winning Touch ID patent dispute with Apple

Korean startup closer to winning Touch ID patent dispute with Apple

South Korea's Firstface Co. has inched a step closer to winning its patent dispute against Apple Inc., after a US federal appeals court ruled in fav...

Disney Plus' S.Korea launch delayed after Netflix's court loss

Disney Plus' S.Korea launch delayed after Netflix's court loss

Disney Plus, a global over-the-top (OTT) streaming service provider, has pushed back its South Korean service launch by about a quarter to the end o...

Samsung courts image sensor leader Sony with new automotive products

Samsung courts image sensor leader Sony with new automotive products

Samsung Electronics Co., the world’s second-largest image sensor maker, is courting industry leader Sony Corp. with its new line of automotive...

Netflix loses first court case over network usage fee

Netflix loses first court case over network usage fee

Global streaming giant Netflix Inc. lost a South Korean court case on Friday, in the world's first ruling over a dispute about whether over-the-top ...

Ssangyong Motor gets extended grace period before court-led revamp

Ssangyong Motor gets extended grace period before court-led revamp

Ssangyong Motor Co. has received court approval to extend the two-month suspension of its debt obligations and find a new investor for the South Kor...

Ssangyong heads for court protection as Mahindra backs off

Ssangyong heads for court protection as Mahindra backs off

India’s Mahindra and Mahindra Ltd. has pulled out of talks to sell Ssangyong Motor Co. to HAAH Automotive Holdings Inc., a US automobile distr...

Top court rules in favor of Doosan Infracore; sale to Hyundai to proceed

Top court rules in favor of Doosan Infracore; sale to Hyundai to proceed

The sale process for Doosan Infracore Co. is gaining traction after it won a legal dispute with financial investors over a case involving the top So...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation