S.Korea’s January-April car exports at record high of $23.2 bn
In an impressive surge, South Korea's automobile exports soared to an unprecedented high of $6.16 billion (8.2 trillion won) in April, marking a sta...
Samsung Engineering, OMV sign agreement for modular project
South Korea's Samsung Engineering has partnered with global integrated energy company OMV for project collaboration. Samsung Engineering announced T...
Korea starts building Shin Hanul, reviving aim to be nuclear powerhouse
South Korea has begun construction of the main parts of the Shin Hanul nuclear reactors No. 3 and No. 4, reviving its goal of becoming a global nucl...
CJ’s K-culture event draws record-high numbers in Japan
CHIBA, JAPAN – A global K-pop concert hosted by CJ ENM Co., a South Korean entertainment powerhouse, heated up the venue in Japan with an audi...
LS Electric to unveil eco-friendly smart energy techs in Vietnam
South Korea's LS Electric Co. announced on Monday its participation in the highly anticipated "Electric Energy Show 2023" to be held in Hanoi, Vietn...
Kolon Industries to expand high-value specialty petroleum products plant
Kolon Industries Inc., a leading industrial materials maker in South Korea, announced on Monday that it will invest 24 billion won ($17.94 million) ...
KT to open medical checkup center in Hanoi, Vietnam
South Korea's KT Corp. next year will launch a medical checkup center in Hanoi, Vietnam, under a strategy to advance its digital healthcare business...
YG’s new girl group lifts stock price to decade high
YG Entertainment Inc., the K-pop label behind global sensation Blackpink, saw its stock hitting the highest point in more than 10 years as a new gro...
HD Hyundai Energy Solutions to develop ultra-high efficiency solar panel
South Korea's HD Hyundai Energy Solutions, HD Hyundai Co.'s solar power subsidiary, has set a goal to mass produce ultra-high efficiency solar panel...
NPS' alternative assets underperform benchmark amid high inflation
National Pension Service (NPS) in South Korea, the world’s third-largest pension fund, saw its returns on alternative investments last year un...
S.Korea's brokerages lower stock target prices for Shinsegae Int'l
South Korea's securities companies on Thursday lowered their target stock prices for retailer Shinsegae International given its sluggish first-quart...
S.Korea's leading low-cost carrier Jeju Air posts record-high Q1 results
South Korea's leading low-cost carrier (LCC) Jeju Air Co. posted record-high performance in the first quarter. Industry analysts say domestic LCCs w...
Korean shipyards to benefit from record LNG carrier prices
South Korean shipbuilders are expected to benefit from record liquefied natural gas (LNG) carrier prices while bagging more orders for new vessels d...
S.Korean kitchen robot startup Wave attracts $3 mn investment
South Korea's kitchen robot startup Wave Lifestyle Technologies announced on Tuesday that it has raised a Series A1 investment of 4 billion won ($3 ...
Hankook Tire takes on market for high-end sports cars
South Korea's Hankook Tire & Technology is reinforcing its partnerships with makers of high-performance sports cars based on a systematic develo...
SK Innovation’s battery sales at record high, production yield improved
SK Innovation Co. said on Thursday its battery affiliate SK On Co. posted record quarterly sales following a facility ramp-up in the US to meet risi...
LG Energy Solution drops to third on global market for EV battery in Q1
South Korea's LG Energy Solution Ltd. in the first quarter fell to third in the global share of electric vehicle (EV) batteries in use spanning all ...
Korea’s Hanatour sees 1st profit in over 3 yrs on high-end service
Hanatour Service Inc., South Korea’s top travel agency, enjoyed its first quarterly profit in more than three years as it focused on high-end ...
Hyundai AutoEver, LS Electric adopt Ieum 5G for production lines
South Korea's automotive internet sales company Hyundai AutoEver and electrical equipment and automation specialist LS Electric Co. have adopted Ieu...
HYBE logs record-high Q1 profit despite BTS break
South Korea’s HYBE Co. behind global sensation BTS on Tuesday reported a 41.5% surge in first-quarter profit, driven by BTS members’ out...
NuScale in talks to build SMR plant in S.Korea: NuScale CEO
NuScale Power Corp., the world’s leading small modular reactor (SMR) developer, may land in South Korea sooner than its rivals with its unriva...
Clean energy remains top pick for Korean infrastructure investors
South Korean institutional investors are poised to ramp up investments in global infrastructure, hedging against inflationary pressure, a survey found...
S.Korea’s car exports hit record high of $15.4 bn in Q1
South Korea's car exports achieved their highest-ever record in the first quarter 2023, increasing by over 40% from a year ago, according to data fr...
LG Elec’s home appliance unit hits record-high profit in Q1
The home appliance division of LG Electronics Inc. posted its largest ever quarterly profit in the January-March period, exceeding the 1 trillion wo...
SK Telecom, Golfzon develop AI golf platform
An artificial intelligence platform in South Korea has produced a golfing coach that analyzes and diagnoses problems in swing posture and recommends...
POSCO Int’l Q1 operating profit up 30% with merged energy affiliate
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., reported a 30% on...
Chinese weak domestic demand causes S.Korean trade deficit: report
The Korea International Trade Association (KITA) has urged South Korea to develop a strategy to strengthen exports to China based on its market situ...
S.Korea’s 20-somethings tighten belts due to high interest rates: report
The decline in consumption by 20-somethings due to benchmark interest rate hikes is over eight times greater than those in their 60s.Analysts blame ...
Seoul zeroes in on high tech for US business alliance
South Korean President Yoon Suk Yeol is off to a smooth start on his six-day state visit to the US this week, which is expected to pave the way for ...
Kia expects stellar Q2 after reporting record operating profit in Q1
Kia Corp., the smaller sibling of South Korea’s largest automaker Hyundai Motor Co., presented a rosy earnings outlook for the second quarter ...
