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...

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 ...

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 ...

HD Hyundai unveils USV Tenebris in US

HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, announced on Thursday that it exhibited the model of its reconnaissance unma...

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 ...

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 ...

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 ...

HD Hyundai Marine Solution stock price doubles on Kospi debut

HD Hyundai Marine Solution Co.'s debut on the Kospi, South Korea's largest initial public offering in more than two years, saw a near-doubling of st...

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...

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 ...

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)...

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...

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, ...

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 ...

Korea to fine Credit Suisse, Nomura $40 mn on short sales

South Korea’s top financial regulator has recently notified Credit Suisse and Nomura Securities of a decision to fine them a combined 54.0 bil...

Kia unveils teaser images for all-electric EV3

Kia Corp. the second-largest automaker in South Korea, unveiled the first teaser images and video of the upcoming third all-electric sports utility ...

Samsung Electronics unveils 114-inch Micro LED

Samsung Electronics Co. announced on Tuesday that it unveiled its 114-inch Micro LED to expand its Micro LED lineup to include 89-inch, 101-inch.&nb...

Hyundai set for revamped hydrogen-powered NEXO launch in Q2 2025

South Korea’s top automaker Hyundai Motor Co. plans to introduce a next-generation model of its hydrogen fuel cell electric vehicle (FCEV) NEX...

Aman, Rosewood, Banyan, IHG rush to open luxury hotels in Seoul

Renowned global hospitality companies, including Aman, Rosewood and IHG Group, are rushing to South Korea to launch new five-star luxury hotels in...

Biden exempts graphite from EV mineral sourcing rule in win for Korea

WASHINGTON, D.C. – The US government has given automakers additional flexibility on battery mineral requirements, allowing electric vehicles w...

Kospi 200 firms' values sharply below MSCI developed market rivals

South Korea’s listed firms are undervalued compared with companies in public markets of developed and emerging countries, according to the Kor...

HD Hyundai, ABS to set standards for e-propulsion ships

South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) and HD Hyundai Heavy Industries Co., partnered with the American Bureau...

Hyundai to expand US hydrogen truck business with California nonprofit

Hyundai Motor Co., South Korea’s top automaker, is gearing up its hydrogen truck business in the US by teaming up with a California nonprofit ...

BOK's rate policy back to square one after GDP, Fed comments

TBILISI, Georgia – The Bank of Korea (BOK) will go back to square one on monetary policy as stronger-than-expected economic growth in the...

Hyundai Motor Group has most IIHS ROP top safety pick cars

Hyundai Motor Group announced on Friday that the Hyundai Motor Co.'s IONIQ 5 achieved the highest rating of "Top Safety Pick Plus" (TSP+) in crash t...

Woori Financial acquires Korea Foss Securities to offer brokerage services

Woori Financial Group Inc., South Korea’s fourth-largest financial services group, has acquired Korea Foss Securities Co., paving the way for ...

Overhang concerns loom over HD Hyundai Marine IPO shares

Concerns are growing that South Korea’s main stock bourse could be inundated with a huge number of HD Hyundai Marine Solution Co. shares next ...

Hyundai to invest $923 million on self-driving JV Motional

Hyundai Motor Group, the world’s third-largest automaker, is set to spend nearly $1 billion on Motional, its loss-making self-driving joint ve...

OECD sharply revises up S.Korea GDP forecast after strong Q1

The Organisation for Economic Co-operation and Development (OECD) forecasts South Korea’s economy to expand at a faster pace than it previousl...

S.Korea’s Lotte Card injects $68 mn into Vietnamese unit

Lotte Card Co., South Korea’s No. 5 credit card issuer, has injected $68 million into its Vietnamese unit to expand its business in the Southe...