Nongshim to open stores in Leclerc, Carrefour; expands plant in US

Nongshim Co., a leading South Korean instant noodle maker, said on Tuesday it is setting up stores within France’s two largest supermarket cha...
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Nongshim Co., a leading South Korean instant noodle maker, said on Tuesday it is setting up stores within France’s two largest supermarket cha...
South Korea's Woori Bank announced on Tuesday that it is recruiting interns targeting Southeast Asian students studying in Korea.This program aims t...
Central banks of South Korea and Malaysia renewed a bilateral local currency swap arrangement for an additional three years, the Bank of Korea (BOK)...
Cho Man Chul, managing director and head of investment banking at Deutsche Bank in Korea, has resigned, according to people with knowledge of the ma...
The South Korean government said on Monday it will resolutely respond to any “unfair” measures by Tokyo against Naver Corp., which is re...
South Korea’s household lending growth hit a five-month high in April as mortgage loans increased amid signs of a recovery in the property mar...
MedInTech Inc., South Korea's medical smart endoscopes startup, announced on Monday that it attracted a series B investment of 20 billion won ($14.6...
Korea Zinc Inc., South Korea’s and the world’s No. 1 lead and zinc smelter, will build its second research and development center, which...
South Korea’s chemicals-to-defense conglomerate Hanwha Group bought a stake in Dyna-Mac Holdings Ltd., a Singaporean floating facility designe...
South Korea’s Taeyoung Group, which is undergoing a debt workout of its construction unit, is considering selling a four-star hotel and releva...
Macquarie Group has named two executives at its Seoul-based real asset investment unit, which manages the main Kospi-listed Macquarie Korea Infrastr...
Korea Electric Power Corp. (KEPCO), the state-run utility company, has joined hands with Kyrgyzstan for new energy businesses including high-voltage...
South Korean companies listed on the main bourse Kospi raised their dividend payouts between 2021 and 2023 despite falling net income in the same pe...
South Korean companies prefer seats of arbitration in other countries over domestic ones to resolve disputes even for the cases that could be settle...
Recent actions by the Japanese government and chief executives of LY Corp. and SoftBank Corp. are raising eyebrows, leading many to question whether...
South Korea is dedicating around $7 billion to help wean its electric-vehicle battery supply chain away from China and align more with U.S. trade gu...
Chinese group tours to South Korea are showing signs of a rebound, about 10 months since Beijing lifted its bans on Chinese group tours to Seoul las...
South Korea will launch the country’s first alternative stock exchange Nextrade Co. in the first half of next year to enable stock trading for...
Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, aims to launch a brain surge...
South Korean asset manager DSC Investment has formed the country’s largest-ever fund for venture capital secondaries to explore opportunities ...
South Korea's Shilla Duty Free Shop announced on Thursday that it partnered with Meituan and Dazhong Dianping, China's largest travel and lifestyle ...
The staking deposits of Upbit, South Korea's leading crypto exchange, surged past 3 trillion won ($2.2 billion) by the end of April, according to ...
South Korea’s No. 1 mobile carrier SK Telecom Co. is set to accelerate investments in artificial intelligence to bring more tangible outcomes ...
South Korea’s Doosan Fuel Cell Co. plans to begin mass production of a new phosphoric acid fuel cell (PAFC) model, which is expected to raise ...
South Korea plans to accept Indonesia’s request to cut its share of payments for a joint fighter jet development project to one-third of the o...
Korea Investment & Securities Co. enjoyed a record quarterly net profit on the course to become the country's most profitable brokerage house ...
NHN Cloud Corp., a cloud computing unit of South Korea’s internet company NHN Corp., is setting its sights on a graphics processing unit (GPU)...
Elder-care startups are rushing to build high-end senior homes in South Korea targeting affluent Generation Xers set to retire in five years on expe...
In South Korea, esteemed German auto brands BMW and Mercedes-Benz have for years been the top two brands vying for the hearts of luxury car buyers, ...
The Korea International Trade Association announced on Tuesday that the largest domestic startup fair in South Korea, NextRise 2024 Seoul," will be ...
Nongshim to open stores in Leclerc, Carrefour; expands plant in US
Nongshim Co., a leading South Korean instant noodle maker, said on Tuesday it is setting up stores within France’s two largest supermarket cha...
May 14, 2024 (Gmt+09:00)
Woori Bank offers internship for SE Asian students in S.Korea
South Korea's Woori Bank announced on Tuesday that it is recruiting interns targeting Southeast Asian students studying in Korea.This program aims t...
May 14, 2024 (Gmt+09:00)
S.Korea-Malaysia central banks renew currency swap agreement
Central banks of South Korea and Malaysia renewed a bilateral local currency swap arrangement for an additional three years, the Bank of Korea (BOK)...
May 14, 2024 (Gmt+09:00)
Deutsche Bank's Korea IB head quits after country head resigns
Cho Man Chul, managing director and head of investment banking at Deutsche Bank in Korea, has resigned, according to people with knowledge of the ma...
May 13, 2024 (Gmt+09:00)
Korean government vows stern response to Tokyo’s pressure on Naver
The South Korean government said on Monday it will resolutely respond to any “unfair” measures by Tokyo against Naver Corp., which is re...
May 13, 2024 (Gmt+09:00)
Korea’s household debt growth at 5-month high on mortgages
South Korea’s household lending growth hit a five-month high in April as mortgage loans increased amid signs of a recovery in the property mar...
May 13, 2024 (Gmt+09:00)
MedInTech attracts $14.6 mn series B investment
MedInTech Inc., South Korea's medical smart endoscopes startup, announced on Monday that it attracted a series B investment of 20 billion won ($14.6...
May 13, 2024 (Gmt+09:00)
Korea Zinc to invest $146 mn in green business R&D hub
Korea Zinc Inc., South Korea’s and the world’s No. 1 lead and zinc smelter, will build its second research and development center, which...
May 13, 2024 (Gmt+09:00)
Hanwha buys S’pore Dyna-Mac’s stake for $73.8 mn from Keppel
South Korea’s chemicals-to-defense conglomerate Hanwha Group bought a stake in Dyna-Mac Holdings Ltd., a Singaporean floating facility designe...
May 13, 2024 (Gmt+09:00)
Korea's Taeyoung to sell local hotel to speed up debt workout
South Korea’s Taeyoung Group, which is undergoing a debt workout of its construction unit, is considering selling a four-star hotel and releva...
May 12, 2024 (Gmt+09:00)
Macquarie Korea Asset Management confirms two nominees
Macquarie Group has named two executives at its Seoul-based real asset investment unit, which manages the main Kospi-listed Macquarie Korea Infrastr...
May 10, 2024 (Gmt+09:00)
KEPCO teams up with Kyrgyzstan for new energy technology
Korea Electric Power Corp. (KEPCO), the state-run utility company, has joined hands with Kyrgyzstan for new energy businesses including high-voltage...
May 10, 2024 (Gmt+09:00)
Korea Inc. ups dividend payouts despite falling net income
South Korean companies listed on the main bourse Kospi raised their dividend payouts between 2021 and 2023 despite falling net income in the same pe...
May 10, 2024 (Gmt+09:00)
Korea: Underrated as seat of commercial arbitration
South Korean companies prefer seats of arbitration in other countries over domestic ones to resolve disputes even for the cases that could be settle...
May 10, 2024 (Gmt+09:00)
Japan’s heavy hand with Naver: Uneasy sign for market economy
Recent actions by the Japanese government and chief executives of LY Corp. and SoftBank Corp. are raising eyebrows, leading many to question whether...
May 10, 2024 (Gmt+09:00)
South Korea Plans $7 Billion Push to Pivot EV Battery Industry Away From China
South Korea is dedicating around $7 billion to help wean its electric-vehicle battery supply chain away from China and align more with U.S. trade gu...
May 10, 2024 (Gmt+09:00)
Chinese group tours to Korea poised for strong revival
Chinese group tours to South Korea are showing signs of a rebound, about 10 months since Beijing lifted its bans on Chinese group tours to Seoul las...
May 09, 2024 (Gmt+09:00)
Korea to launch alternative stock exchange in 2025
South Korea will launch the country’s first alternative stock exchange Nextrade Co. in the first half of next year to enable stock trading for...
May 09, 2024 (Gmt+09:00)
Korea’s Koh Young to launch brain surgery robot in US in 2025
Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, aims to launch a brain surge...
May 09, 2024 (Gmt+09:00)
VC firm DSC Investment forms Korea's largest secondary fund
South Korean asset manager DSC Investment has formed the country’s largest-ever fund for venture capital secondaries to explore opportunities ...
May 09, 2024 (Gmt+09:00)
Shilla Duty Free to co-work with China's largest lifestyle info platforms
South Korea's Shilla Duty Free Shop announced on Thursday that it partnered with Meituan and Dazhong Dianping, China's largest travel and lifestyle ...
May 09, 2024 (Gmt+09:00)
Upbit’s staking deposits exceed $2.2 bn
The staking deposits of Upbit, South Korea's leading crypto exchange, surged past 3 trillion won ($2.2 billion) by the end of April, according to ...
May 09, 2024 (Gmt+09:00)
SK Telecom eyes tangible results from AI business in 2024
South Korea’s No. 1 mobile carrier SK Telecom Co. is set to accelerate investments in artificial intelligence to bring more tangible outcomes ...
May 08, 2024 (Gmt+09:00)
Doosan to make new fuel cell for hydrogen power plant deals
South Korea’s Doosan Fuel Cell Co. plans to begin mass production of a new phosphoric acid fuel cell (PAFC) model, which is expected to raise ...
May 08, 2024 (Gmt+09:00)
South Korea to accept Indonesia’s KF-21 project cost cut proposal
South Korea plans to accept Indonesia’s request to cut its share of payments for a joint fighter jet development project to one-third of the o...
May 08, 2024 (Gmt+09:00)
Korea Investment sees record quarterly net profit
Korea Investment & Securities Co. enjoyed a record quarterly net profit on the course to become the country's most profitable brokerage house ...
May 08, 2024 (Gmt+09:00)
NHN Cloud sets sights on GPU cloud service with Nvidia’s H100
NHN Cloud Corp., a cloud computing unit of South Korea’s internet company NHN Corp., is setting its sights on a graphics processing unit (GPU)...
May 08, 2024 (Gmt+09:00)
Startups bet on affluent Gen X in Korea’s senior living market
Elder-care startups are rushing to build high-end senior homes in South Korea targeting affluent Generation Xers set to retire in five years on expe...
May 08, 2024 (Gmt+09:00)
Genesis beats BMW to rival Mercedes in Korea's premium segment
In South Korea, esteemed German auto brands BMW and Mercedes-Benz have for years been the top two brands vying for the hearts of luxury car buyers, ...
May 07, 2024 (Gmt+09:00)
S.Korea’s largest startup fair NextRise to be held in June
The Korea International Trade Association announced on Tuesday that the largest domestic startup fair in South Korea, NextRise 2024 Seoul," will be ...
May 07, 2024 (Gmt+09:00)