SK Geo Centric, China’s Sinopec mark 10-year alliance
China-Korea Petrochemical, a joint venture (JV) between South Korea’s SK Geo Centric and the Chinese public oil company Sinopec, celebrates it...
Falling on deaf ears: Costco Korea cart pusher's death
Costco Wholesale’s co-founder Jim Sinegal had said South Korea was a “fantastic market,” where it ran its largest store in terms o...
S.Korea to deliver food safety management skill to Thai, Malaysian officials
The Ministry of Food and Drug Safety of South Korea announced on Friday that it will conduct an invited training program for food safety officials f...
Bank of Korea appoints new senior deputy governor
The Bank of Korea announced on Friday that it has appointed Ryoo Sang-dae, the current vice president of Korea Housing-Finance Corp., as its new s...
BTS label HYBE to wholly own K-pop band Enhypen agency
HYBE Co., the agency of K-pop sensation BTS, is slated to acquire a controlling stake in music label Belift Lab Inc. as South Korean entertainment p...
S.Korea's Nongshim earns H1 operating profit of $89 million
South Korean food and beverage giant Nongshim Co. saw operating profit in the first half of the year more than double thanks to strong instant noodl...
S.Korea's Twelve Labs ranks among world's top 50 generative AI startups
South Korea’s Twelve Labs was included as the only Korean company in CB Insights’ first annual GenAI 50 ranking, a list of the world&rsq...
Hanwha, Shell join S.Korea-Malaysia carbon capture project
Korea National Oil Corp., Hanwha Corp., Air Liquide Korea and Shell have become the latest entities to join the Shepherd CCS project, a major cross-...
S.Korea's Hanon Systems hits 'home run' with heat pump for EVs
Hanon Systems, a leading South Korean maker of automotive thermal management systems, posted surprising results in the second quarter in blowing awa...
S.Korea is far more reliant on China for rare earth metal than Japan: report
South Korea is far more dependent than Japan on neodymium permanent magnets from China at 88%, while the rate for Japan, a land devoid of rare earth...
MSCI Korea Index adds EcoPro, Hanwha Ocean, drops Emart
Four stocks, including EcoPro Co., have been added to the Morgan Stanley Capital International (MSCI) Korea Index, and two have been removed.MSCI, a...
KOREA Investment Week 2023 with KB KOREA Conference
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Hyundai's all-new Santa Fe to hit Korean market mid-August
Hyundai Motor Co.'s all-new Santa Fe will finally hit the market with presales to take place this Saturday in South Korea, where the mid-size sport ...
S.Korea's largest investment forum to begin Sept. 11
South Korea’s largest investment conference will be held in Seoul Sept. 11-15 with around 100 chief executives from global financial services ...
S.Korea-China ferries resume passenger transport after hiatus of 43 months
The Ministry of Oceans and Fisheries of South Korea announced on Thursday that the passenger ferry New Grand Peace is set to embark on Friday aftern...
Affiliate of S.Korea's POSCO Int'l to supply natural gas in Australia
South Korea's POSCO International Corp. on Thursday said Senex Energy, its Australia-based natural gas subsidiary, will supply natural gas to seven ...
S.Korea's LG Uplus branches to offer travel services
South Korea's telecom service provider LG Uplus Corp. will start offering travel services at its offline branches. The company on Wednesday said it ...
Korea’s tourism industry pins high hopes on return of Chinese big spenders
BEIJING – China’s official announcement to lift its ban on group tourists’ travel to South Korea will likely be a boon for the tra...
S.Korea's SK C&C enters battery sector with DNA Motors
South Korea's SK C&C will make batteries for electric motorcycles as the first domestic system integration company to enter the battery field.SK...
Sejong City to cooperate with Northern Ireland in smart city, cybersecurity
South Korea's Sejong Special Self-Governing City will pursue economic exchange with Northern Ireland and cooperation in cybersecurity research with ...
Korea’s Big Four conglomerates likely to regain FKI membership
South Korea’s four largest business conglomerates – Samsung, Hyundai Motor, SK and LG – will likely return as members of the count...
Carmakers in race for low-cost EVs amid tepid sales growth
Global carmakers such as Volkswagen, Hyundai Motor Group and Stellantis N.V. are in a race to release cheaper electric vehicles with the entry price...
Hanjin KAL secures liquidity to keep chairman's control of firm
Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., is actively raising money via bond issuances and sale of prope...
UBS names Credit Suisse Korea head as vice chair for Asia
UBS Group AG, a global investment bank, appointed Kyungin David Lee, chief of Credit Suisse Group AG’s Seoul branch, as vice chair for Asia an...
Budget carriers turn around with highest-ever profits in Q2
South Korea’s low-cost carriers (LCCs) posted their highest-ever quarterly profits on the back of a surge in international travel as the indus...
SK Telecom’s transition into AI company gains traction
SK Telecom Co., South Korea’s leading telecom firm, reported solid earnings across the board in the second quarter, especially with steady gro...
LG Uplus to grow EV charging JV to be among Korea’s top 3
LG Uplus Corp., South Korea’s third-largest mobile carrier, aims to develop its electric vehicle charging joint venture with Kakao Mobility Co...
S.Korea's Webcash releases Vietnamese version of 'Branch'
The Vietnamese version of Webcash Co.'s fund management system "Branch," called "WE-MBA," has been launched. WE-MBA is integrated with 17 Vietnamese...
SSG.Com announces global first launch of Piaget's new watch
SSG.COM, the e-commerce platform of South Korean retail heavyweight Shinsegae Inc., revealed on Tuesday its exclusive introduction of Swiss luxury b...
Flying to S.Korea's Jeju Island? Just bring smartphone
The identity verification app Pass of South Korea's three telecom companies has added another function: enabling a user to board a domestic flight w...
