Entertainment shares shine as BTS, Twice return to stage

South Korean entertainment stocks rallied as K-pop stars such as BTS and Twice return to the stage amid global economic reopening with growing hopes...

Krafton signs MOU with Solana for blockchain-based games and services

South Korea’s leading game developer Krafton Inc. announced Wednesday it signed a memorandum of understanding with San Francisco-based Solana ...

Korea's new asset managers survive with competitive edge

  Most new asset management firms in South Korea end up lagging the competition due to their smaller sizes. They suffer from operating losses ...

OLED materials makers set to shine as Samsung, Sony unveil new TVs

South Korea’s major OLED materials makers are becoming the market darlings with decent gains in their share prices, as global TV manufacturers...

LG Innotek shares at new highs, tracking Apple's rise

Shares in LG Innotek Co., a major camera module supplier for Apple iPhones, climbed to a record high on Monday, in stark contrast to the flat wider ...

Korea rises as test bed for global luxury brands

South Korea is becoming a test bed for global high-end brands such as Balenciaga, Valentino, IWC and Breitling. The world's top luxury brands, pre...

LG Elec. to sell automotive wireless smartphone charging division

South Korea’s LG Electronics Inc. plans to drop its automotive wireless smartphone charging unit as the global home appliance giant exited fro...

Naver launches conversational search engine service 

South Korea’s internet juggernaut Naver Corp. announced Friday it has launched a conversational search engine service called Knowledge Interac...

NCSoft releases trailers of two upcoming games

South Korea’s gaming behemoth NCSoft Corp. released trailers for two new titles named Throne and Liberty and Project E on Thursday. The c...

Samsung Galaxy A series: Budget smartphone with advanced features

Samsung Electronics Co. has unveiled two new Galaxy A series models, targeting price-conscious customers looking for affordable smartphones packed w...

SK On, Ford to set up battery JV in Turkey for Europe

South Korean battery maker SK On Co. and Ford Motor Co. will set up a joint venture to produce electric vehicle batteries in Turkey with a local com...

Lotte invests in Canada's edible insect food company

South Korea's Lotte Confectionery Co. has invested around 10 billion won ($8 million) in Canada’s edible insect protein producer Aspire Food G...

Public firms face tighter regulations on spinoffs and double listings

The Financial Services Commission (FSC) and the Korea Exchange (KRX) jointly announced a revision to their corporate governance report guidelines on...

Hyundai accelerates electrification strategy, targets 7% of EV market

South Korea’s top automaker Hyundai Motor Group on Wednesday set out its vision to become a top-tier eco-friendly auto brand by accelerating i...

KB Life, Prudential Life to complete merger by Jan 2023

The merger of KB Life Insurance Co., an insurer under KB Financial Group Inc. of South Korea, and Prudential Life Insurance Co. of Korea will be c...

New York third US state to recognize kimchi's Korean origin

Korean food is all about ingredients, which alongside various fermentation techniques, have made kimchi a global side dish enjoyed not just as centr...

Kakao’s incoming CEO to launch two metaverse platforms

‘Beyond Korea’ is South Korean tech juggernaut Kakao Corp.’s new vision for the future. Kakao’s new CEO nominee Namkoon...

BlackRock names new head of institutional investment for APAC

BlackRock Inc., the world’s largest asset manager with $10 trillion assets under management, named Hiroyuki Shimizu head of institutional in...

US Novelis to build $53 mn aluminum recycle center in Korea

Novelis Inc., the world’s top aluminum recycler, is set to invest $53 million in another recycling and casting center in South Korea to meet t...

With Samsung’s new Bespoke lineup, it’s home made perfect

Samsung Electronics Co. on Thursday unveiled a new lineup of its flagship Bespoke home appliances, including a newly introduced premium line of Besp...

WeMade to retire WEMIX cryptocurrency for investor value

WeMade Co., a South Korean game developer, plans to retire 2% of its cryptocurrency WEMIX in the next two weeks to bolster its value for investors, ...

LG's AI designer debuts at New York Fashion Week

South Korean fashion label Greedilous showcased its 2022 Fall-Winter collection on the main stage of the New York Fashion Week on Monday local time....

Online platforms emerge as new battlefield for auto sales in Korea

Visiting a car dealer’s stylish showroom to touch, feel and sometimes test drive a car before purchase has for decades been a rite of passage ...

KAIST Holdings to open US offices with $8.4 bn value in mind

The Korea Advanced Institute of Science and Technology (KAIST) on Tuesday announced the blueprint to strengthen its foothold in the United States an...

Kia: New king in J.D. Power’s most reliable auto brand rankings

Kia Corp. is the top-ranked automaker in J.D. Power’s 2022 US Vehicle Dependability Study (VDS) ahead of General Motor Co.’s Buick as we...

POBA taps former DB Insurance investment head as new CIO

Public Officials Benefit Association (POBA) of South Korea has named Huh Jang, former head of investment at DB Insurance Co. as its new chief inve...

Gallery Hyundai paints new chapter with NFT

South Korea’s Gallery Hyundai paints a new future by incorporating NFT (non-fungible token.)  The country’s first commercial art g...

Samsung’s Galaxy S22 Ultra: Setting new smartphone standard

Samsung Electronics Co. on Wednesday announced new additions to its Galaxy S series models as the world’s top smartphone maker by volume faces...

Construction Workers taps former Credit Union head as new CIO

Construction Workers Mutual Aid Association (CWMA) has named Lee Seong-yeong as its new chief investment officer and is in the final stage of the no...

Korea Post to invest in overseas data centers and warehouses

Korea Post will increase its alternative investment from 13.6 trillion won ($11.3 billion) at the end-2021 to 16.7 trillion won ($13.9 billion) in 2...