Doosan joins hands with China’s CNGR for battery recycling

Doosan joins hands with China’s CNGR for battery recycling

South Korea’s plant and machinery powerhouse Doosan Group has teamed up with China’s CNGR Advanced Material Co. to expand its electric v...

Avalve to export $1.5 mn smart farm solution to Vietnam

Avalve to export $1.5 mn smart farm solution to Vietnam

South Korea's smart farm startup Avalve announced on Friday that it signed a total of $1.5 million in memorandums of understanding (MOUs) with Vietn...

Shinhan Securities leads M&A of Trench Group

Shinhan Securities leads M&A of Trench Group

South Korea's Shinhan Securities announced on Friday that it participated as the lead underwriter in the merger and acquisition deal of Trench Group...

HD Hyundai Heavy wins record $463 million warship deal from Peru’s Navy

HD Hyundai Heavy wins record $463 million warship deal from Peru’s Navy

South Korea’s top shipbuilder HD Hyundai Heavy Industries Co. said on Friday it has won a $463 million contract to build four warships for Per...

NH Investment gets APEC Cross Border Privacy Rules

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

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...

Korea’s HD KSOE, Infineon team up for ship electrification

Korea’s HD KSOE, Infineon team up for ship electrification

South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) joined hands with German chipmaker Infineon ...

HSBC faces criminal charges for naked shorting in Korea

HSBC faces criminal charges for naked shorting in Korea

South Korean prosecutors on Thursday filed criminal charges against HSBC and three of its traders, accusing them of illegal short selling worth 15.8...

Korea yet to join global bond index for capital inflows

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 Electronics spins off X-UP, 4 other in-house venture firms

LG Electronics spins off X-UP, 4 other in-house venture firms

LG Electronics Inc. said on Thursday it is spinning off five promising in-house venture firms as separate entities to strengthen South Korea’s...

S.Korea, Thailand launch negotiations for EPA

S.Korea, Thailand launch negotiations for EPA

South Korean and Thai governments declared the launch of negotiations for the Economic Partnership Agreement (EPA) on Thursday. South Korea’s ...

K Enter moves step closer to Nasdaq listing in May

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 ...

LG Group earmarks $74 bn for 5-year investment in Korea

LG Group earmarks $74 bn for 5-year investment in Korea

LG Group, South Korea’s No. 4 conglomerate, on Wednesday announced a plan to invest 100 trillion won ($74 billion) through 2028 in its future ...

S.Korea’s Doosan Enerbility to develop aircraft engines

S.Korea’s Doosan Enerbility to develop aircraft engines

South Korea’s major power plant builder Doosan Enerbility Co. plans to develop aircraft engines based on its turbine technology as its new gro...

IMM PE puts South Korea’s top travel agency Hanatour up for sale

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 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

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 ...

Asan Nanum Foundation invites innovators to startup pitch

Asan Nanum Foundation invites innovators to startup pitch

The Asan Nanum Foundation, a nonprofit foundation set up in 2011 to commemorate the 10th anniversary of Hyundai founder Chung Ju-yung’s death,...

Wrtn opens free AI search service

Wrtn opens free AI search service

South Korea's advanced tech startup Wrtn Technologies, a major player in generative artificial intelligence (AI), opened its free and unlimited AI s...

LG CNS to lead digital transformation at FPT in Vietnam

LG CNS to lead digital transformation at FPT in Vietnam

LG CNS Co., an information technology service company under South Korean conglomerate LG Group, will lead the digital transformation of FPT Group, a...

Medytox to supply $73 mn botulinum toxin to Brazilian firm

Medytox to supply $73 mn botulinum toxin to Brazilian firm

South Korea's biopharmaceutical firm Medytox Inc. announced on Tuesday that it signed a contract with Brazilian pharmaceutical company Blau Farmaceu...

Shareholder activism in Korea swells 9 times since 2019

Shareholder activism in Korea swells 9 times since 2019

The number of South Korean firms targeted by activist funds has risen by nearly nine times over the past five years, the largest increase among majo...

Netmarble Arthdal Chronicles pre-registration surpasses 1 mn

Netmarble Arthdal Chronicles pre-registration surpasses 1 mn

South Korean game developer Netmarble Corp. said on Tuesday that the pre-registration of its upcoming massively multiplayer online role-playing ga...

Korea’s IPO market heats up with HD Hyundai Marine, K Bank

Korea’s IPO market heats up with HD Hyundai Marine, K Bank

South Korea’s initial public offering market is heating up as HD Hyundai Marine Solution Co., which aims to raise 742.6 billion won ($553.4 mi...

Korea’s POSCO Int’l to work on CCUS, hydrogen businesses

Korea’s POSCO Int’l to work on CCUS, hydrogen businesses

POSCO International Corp., the general trading and resources exploration subsidiary of South Korea’s steel giant POSCO Holdings Inc., aims to ...

SM Entertainment founder invests $5.2 million in Mindlogic

SM Entertainment founder invests $5.2 million in Mindlogic

K-pop pioneer SM Entertainment Co.'s founder and former Chief Producer Lee Soo-man is expected to invest up to 10 billion won ($7.5 million) in Mind...

Weak property market cuts into Korean securities firms’ profits

Weak property market cuts into Korean securities firms’ profits

dd South Korea’s securities firms suffered a 20% fall in overall net profit last year hurt by the weak property market, adding to bearish vie...

Nexon opens blockchain game corporations in UAE

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...

Korea’s EcoPro invests $11 mn in Indonesian nickel smelter

Korea’s EcoPro invests $11 mn in Indonesian nickel smelter

South Korea’s leading electric vehicle battery materials producer EcoPro Group is expanding its investment in Indonesia for stable procurement...

Nongshim to build instant noodle plant in Korea for exports

Nongshim to build instant noodle plant in Korea for exports

Nongshim Co., South Korea’s top instant noodle maker, is set to build a new factory in the country for exports of ramen, or ramyun, for the fi...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation