Korean shipbuilder KSOE wins $1.5 bn order for 7 LNG carriers

Korean shipbuilder KSOE wins $1.5 bn order for 7 LNG carriers

Korea Shipbuilding & Offshore Engineering Co. (KSOE), the intermediate holding company of the world’s top shipbuilder Hyundai Heavy Indust...

Korea Ginseng Corp. intensifies marketing efforts in the UAE

Korea Ginseng Corp. intensifies marketing efforts in the UAE

South Korea’s Korea Ginseng Corp. (KGC) said on Tuesday it recently hosted its second annual conference for large retail pharmacy chains in th...

Specialty finance emerging on resiliency, diversification: M&G Investments

Specialty finance emerging on resiliency, diversification: M&G Investments

As global investors are seeking ways to protect their investment returns in an inflationary, rising rate environment, some asset managers are eyeing...

It's time for individual investors to bet on stocks: Carlyle's David Rubenstein

It's time for individual investors to bet on stocks: Carlyle's David Rubenstein

  A lot of stock investors have jumped into the bullish market in recent years. But global inflation and recession appear as threats to invest...

LG Elec. revives tablet business to target Korean edtech market 

LG Elec. revives tablet business to target Korean edtech market 

LG Electronics Inc. is going all in on South Korea’s distance learning market. For the first time in three years, the electronics giant h...

Japan’s multifamily assets shine amid market volatility: Savills IM

Japan’s multifamily assets shine amid market volatility: Savills IM

Multifamily assets have been a key investment target due to their resilience amid economic volatility. Japan, with the largest real estate market in...

Naver says no growth sacrifice to cut costs with record sales

Naver says no growth sacrifice to cut costs with record sales

Naver Corp., South Korea’s largest online portal, on Friday reported its largest-ever quarterly revenue, led by webtoon and fintech services, ...

SK Discovery to control affiliates’ entire biotechnology business

SK Discovery to control affiliates’ entire biotechnology business

SK Discovery Co., an intermediate holding company of South Korea’s third-largest conglomerate SK Group, will take charge of the entire biotech...

Specialty finance emerging on resiliency, diversification: M&G Investments

Specialty finance emerging on resiliency, diversification: M&G Investments

As global investors are seeking ways to protect their investment returns in an inflationary, rising rate environment, some asset managers are eyeing...

Popular app operators in South Korea race to create super apps

Popular app operators in South Korea race to create super apps

App operators in South Korea are in stiff competition to create super apps – as clear winners have emerged in different business sectors.The d...

SK Nexilis to unveil ultra-high strength EV battery copper foil

SK Nexilis to unveil ultra-high strength EV battery copper foil

SK Nexilis Co., a unit of South Korean chemical materials maker SKC Ltd., has developed technology to mass produce ultra-high strength copper foil, ...

KT ups ante with $1.5 billion spending on public sector cloud service

KT ups ante with $1.5 billion spending on public sector cloud service

KT Cloud Corp., a unit of South Korea’s telecom giant KT Corp., plans to spend up to 2 trillion won ($1.5 billion) over the next three years t...

Daesang Life, China’s Sinopharm to launch health foods joint venture

Daesang Life, China’s Sinopharm to launch health foods joint venture

Daesang Life Science Corp., a South Korean health foods maker, has signed an initial agreement with China’s Sinopharm International to launch ...

Korean firms rush to sell real estate to raise cash

Korean firms rush to sell real estate to raise cash

South Korean companies are selling real estate and subsidiaries to raise cash as accelerating inflation, rising interest rates and the soft won all ...

Indonesian president to visit Hyundai Motor during Korea visit

Indonesian president to visit Hyundai Motor during Korea visit

Indonesian President Joko Widodo will visit Hyundai Motor Co. during his upcoming two-day official visit to South Korea as the automaker is aggressi...

SK Chem to build plastic recycling plants in China

SK Chem to build plastic recycling plants in China

SK Chemicals Co. plans to build plastic recycling plants in China in partnership with a Chinese eco-friendly materials supplier as its parent SK Gro...

Lotte Chem, Itochu join hands on hydrogen, ammonia biz

Lotte Chem, Itochu join hands on hydrogen, ammonia biz

South Korea’s major petrochemical producer Lotte Chemical Corp. and a Japanese trading house Itochu Corp. joined forces for the hydrogen and a...

Ildong mulls seeking COVID-19 pill approval from Korea first

Ildong mulls seeking COVID-19 pill approval from Korea first

Ildong Pharmaceutical Co., a South Korean drugmaker, considers seeking approval for a COVID-19 anti-viral pill from the country as Japan postponed g...

Samsung develops next-generation data storage device

Samsung develops next-generation data storage device

Samsung Electronics Co. on Thursday unveiled an upgraded data storage device that significantly reduces the computer processing time and energy cons...

Aramco-backed Hyundai Oilbank drops IPO on market downturn

Aramco-backed Hyundai Oilbank drops IPO on market downturn

Hyundai Oilbank Co., a South Korean refiner backed by Saudi Aramco, withdrew its plan for an initial public offering as local stock markets tumbled,...

Award-winning Hyundai IONIQ 5 EV to land in Japan as MK Taxi

Award-winning Hyundai IONIQ 5 EV to land in Japan as MK Taxi

South Korea’s top automaker Hyundai Motor Co. said on Wednesday it is supplying its all-electric IONIQ 5 crossover to Japan’s taxi servi...

South Korean firms roll out AI chatbots that tug at the heartstrings

South Korean firms roll out AI chatbots that tug at the heartstrings

If you are using artificial intelligence-powered chatbot services in South Korea, you may soon be receiving messages like this: “Would you lik...

Hyundai’s Supernal showcases flying electric car at UK air show

Hyundai’s Supernal showcases flying electric car at UK air show

Supernal LLC, the urban air mobility affiliate of South Korea’s top automaker Hyundai Motor Co., has unveiled the cabin concept of its flying ...

Samsung Bioepis sees greater market for Byooviz eye disease biosimilar

Samsung Bioepis sees greater market for Byooviz eye disease biosimilar

NEW YORK – Samsung Bioepis Co., a biopharmaceutical unit of South Korea’s top conglomerate Samsung, is one step ahead of its rivals in t...

SK Telecom to take lead in UAM biz with telco know-how

SK Telecom to take lead in UAM biz with telco know-how

BUSAN -- South Korea’s top mobile carrier SK Telecom Co. aims to dominate the urban air mobility market based on its expertise and know-how in...

Hyundai, Kia to launch Level 3 self-driving Genesis G90, EV9 in 2023

Hyundai, Kia to launch Level 3 self-driving Genesis G90, EV9 in 2023

South Korea’s Hyundai Motor Group will launch its most-advanced Level 3 autonomous cars next year, starting with Hyundai Motor Co.'s flagship ...

South Korea’s alternative meat startups get VCs salivating

South Korea’s alternative meat startups get VCs salivating

In South Korea, the list of early stage startups that garnered more than 5 billion won ($3.8 million) in the last 12 months looks slightly different...

SK On, Ford launch battery JV for N.America EV market

SK On, Ford launch battery JV for N.America EV market

South Korea’s battery maker SK On Co. and US automaker Ford Motor Co. on Wednesday officially launched a joint venture for the North American ...

Orion enters China’s vaccine market with tuberculosis plant in Jining

Orion enters China’s vaccine market with tuberculosis plant in Jining

Orion Holdings Corp., one of South Korea’s largest confectionery companies, said on Wednesday it will build a vaccine plant in China by 2024 t...

CJ’s TVing, KT’s Seezn set for merger to challenge OTT leader Netflix

CJ’s TVing, KT’s Seezn set for merger to challenge OTT leader Netflix

South Korean entertainment powerhouse CJ ENM Co.'s over-the-top streaming platform TVing is set to merge with its local rival Seezn, run by tel...

Kia to make, sell China-launched EV5 in Korea to keep top spot Samsung Asset leads H1 AUM rankings amid ETF boom Yonsei University: Unlikely yet adroit dealmaker in S.Korea’s M&A market S.Korea corporate law reform gains bipartisan support Hyundai Rotem seals record $6.5 bn K2 tank deal with Poland