HD Hyundai Marine Solution aims for top spot in global ship repair market
When the global shipbuilding industry was reeling from the economic slowdown in recent years, South Korea’s HD Hyundai Marine Solution Co., a ...
Korea reclaims crown from China as world’s top shipbuilder
South Korea reclaimed the crown from the Chinese as the world’s largest shipbuilder after three years last quarter, sweeping global orders for...
HMM, SIPG to cooperate on eco-friendly fuel
South Korea’s major ocean carrier HMM Co. announced on Wednesday that it signed a Shanghai Port Clean Marine Fuel memorandum of understanding ...
Hyundai Department launches Korean brands' global platform
Hyundai Department Store Co., South Korea’s major retail conglomerate, has launched “The Hyundai Global” platform dedicated to pro...
Samsung returns to top, to up ante against troubled Apple
Samsung Electronics Co. snatched the crown from its archrival Apple Inc. as the top global smartphone seller last month thanks to brisk sales of its...
NH Investment gets APEC Cross Border Privacy Rules
South Korea's NH Investment & Securities announced Friday that it obtained the global personal information protection certification APEC Cross-B...
Korea’s factory output rebounds in February on chip recovery
South Korea’s factory activity last month bounced back in three months thanks to strong recovery in the country’s semiconductor sector b...
Samsung unveils 2024 TV lineup at Changi Airport
Samsung Electronics Co. on Thursday hosted an event at Jewel Changi Airport in Singapore to unveil its 2024 new TV lineup, including Neo QLED, organ...
Korea yet to join global bond index for capital inflows
South Korea has so far failed to be included on a global major bond index, denting hopes for capital inflows into Asia’s fourth-largest econom...
LG OLED TV's new theme: Empathetic, personalized AI
LG Electronics Inc., the world’s No. 1 OLED TV producer, defines artificial intelligence as empathetic intelligence for customers. On Wednesda...
KDB halts KDB Life sale process to take full control
The state-run Korea Development Bank (KDB) has suspended the protracted sale process of KDB Life Insurance Co. to take full control of the insurer b...
K Enter moves step closer to Nasdaq listing in May
K Enter Holdings Inc., an umbrella entity of South Korea-based entertainment companies creating original entertainment content and managing related ...
Kia wins World's Greatest Auto Disruptors 2024
Kia Corp. won two categories of the Newsweek World’s Greatest Auto Disruptors Awards with the all-electric EV9 winning Research and Developmen...
IMM PE puts South Korea’s top travel agency Hanatour up for sale
IMM Private Equity Inc., a Seoul-based private equity firm, is selling its controlling stake in Hanatour Service Inc., South Korea’s top trave...
SK Networks prepares to put SK Rent-a-Car on market
SK Networks Co. is preparing to put SK Rent-a-Car Co. on the market in a deal worth an estimated 600 billion won ($448 million) as part of efforts t...
Licensed casual apparel brands' luster fades in Korea
The fad for licensed casual fashion brands appears to be cooling in South Korea, where American sports clubs, broadcasting networks and documentary ...
Global quest to find modern elixirs enters new chapter
NEW YORK/ BOSTON – Longevity has long been the dream of humankind. China’s first emperor Qin Shi Huang was obsessed with finding magic e...
Hyundai, Red Sea Global agree on EV, AAM projects in Saudi luxury resorts
South Korea’s top automaker Hyundai Motor Group said on Monday it has agreed with Saudi Arabia’s state-sponsored developer Red Sea Globa...
Nexon opens blockchain game corporations in UAE
South Korea’s online game developer Nexon Korea Corp. opened its corporations in the United Arab Emirates (UAE) at the end of last year to str...
Samsung gets AWS platinum certification for water stewardship
Samsung Electronics Co. has been awarded the highest level of certification for water management by the Alliance for Water Stewardship (AWS), a le...
Hyundai, Kia's European sales reach 79,000 units in February
Hyundai Motor Co. and Kia Corp. reported a 2.3% rise in European sales in February, selling a combined total of 79,130 vehicles, according to data f...
S.Korea's drone market set for takeoff, led by startups
Starting in May, drones, not boats, will deliver parcels and even fried chicken to residents living on some of South Korea's remote islands unreacha...
Samsung Fire headquarters up for sale at about $746 mn
The Samsung Fire & Marine Insurance Co. headquarters building in Seoul is on the market at a valuation of more than 1 trillion won ($746 million...
HD Hyundai to supply 60 excavators to Sudan
South Korea's HD Hyundai Construction Equipment Co. announced on Wednesday that it recently signed a contract to supply 60 construction equipment un...
Drug maker Boryung targets its highest-ever sales in 2024
Boryung Corp., formerly Boryung Pharmaceutical Co., aims to join the 1 trillion won ($748 million) sales club this year, driven by new chronic disea...
Korea’s Incheon Airport Corp. signs $3 billion deal to run Manila airport
South Korea's state-run Incheon International Airport Corp. (IIAC) has signed a $3 billion deal to operate Manila's Ninoy Aquino International Airpo...
Samsung tops global soundbar market for 10th consecutive year
Samsung Electronics Co. has held its ground as the leader in the global soundbar market for ten consecutive years, from 2014 through 2023, according...
Hyundai Dept. Store virtual idol pop-ups attract 100,000
South Korea's Hyundai Department Store Co. said on Monday that its pop-up stores of the three virtual idol groups at The Hyundai Seoul attracted ove...
Samsung Elec triples new TV preorders powered by AI
Samsung Electronics Co., the world’s top TV manufacturer, said on Sunday it is enjoying strong demand for new TVs, especially premium ultra-la...
Korean rental platforms become headache for PE investors
South Korean rental platforms have become a headache for private equity firms, with their declining profits and dim business outlooks making them ha...
