LG Uplus to grow EV charging JV to be among Korea’s top 3

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'

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 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

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...

S.Korea, Laos boost partnership in global drive to cut CO2 emissions

S.Korea, Laos boost partnership in global drive to cut CO2 emissions

South Korea's Ministry of Trade, Industry and Energy on Tuesday held talks with Laos' Ministry of Natural Resources and Environment at the Seoul hea...

Korea’s time deposit rates head north on higher bank bonds’ coupon

Korea’s time deposit rates head north on higher bank bonds’ coupon

South Korea’s commercial banks have joined thrifts and credit unions in a race to offer their time deposit holders higher interest to cover cl...

S.Korea's NPS sells off Australian warehouse equity at $368 mn

S.Korea's NPS sells off Australian warehouse equity at $368 mn

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, said on Monday it has sold off a 50% stake in an Austra...

Bullet maker Poongsan chief Ryu’s new role: Korea’s top business lobbyist

Bullet maker Poongsan chief Ryu’s new role: Korea’s top business lobbyist

  Jin Roy Ryu, chairman of South Korea’s leading copper smelter and defense equipment maker Poongsan Corp., has been chosen to lead the ...

S.Korea's Lotte Department Store launches 'K-Beauty' tour service

S.Korea's Lotte Department Store launches 'K-Beauty' tour service

South Korea's Lotte Department Store on Monday announced the launch of a "K-Beauty tour" service for foreign tourists.The company will first give fr...

LG 1st in South Korea’s ESG rankings for 2nd year

LG 1st in South Korea’s ESG rankings for 2nd year

LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, ranked No. 1 in the country’s environmental, social...

Santa Fe, Sorento, Torres to lead mid-sized SUV sales war in Korea

Santa Fe, Sorento, Torres to lead mid-sized SUV sales war in Korea

Three leading South Korean automakers – Hyundai Motor Co., Kia Corp. and KG Mobility Corp. – are upping the ante in their fight to garne...

S.Korea's No. 1 flight route in 2023 is Incheon-Osaka

S.Korea's No. 1 flight route in 2023 is Incheon-Osaka

South Korea's most popular international flight route in the first half of this year was between Incheon International Airport and Kansai Internatio...

Toray Advanced Materials reviews film line expansion in S.Korea

Toray Advanced Materials reviews film line expansion in S.Korea

Toray Advanced Materials Korea Inc. (TAK) is reviewing its film line expansion in South Korea as part of its 300 billion won ($229 million) capital ...

LG, Samsung vie for HVAC lead with green technology

 LG, Samsung vie for HVAC lead with green technology

South Korea’s long-time technology archrivals LG Electronics Inc. and Samsung Electronics Co. are upping the ante in the race to lead the grow...

Korea's new superconductor will be verified: research team

Korea's new superconductor will be verified: research team

Global scientists will be able to replicate South Korean researchers’ recent findings of room-temperature superconductor in around a month, de...

S.Korean transformers invade US market on surging demand

S.Korean transformers invade US market on surging demand

South Korea’s heavy electrical equipment makers are expanding their presence in the US, the world’s second-largest electricity consumer,...

Air travel from Korea roars back to everywhere, except China

Air travel from Korea roars back to everywhere, except China

Flight routes between South Korea and China, once Korean flag carriers’ most lucrative, have become their white elephant as passengers on the ...

Hyundai, Kia to showcase new cars at Indonesia’s GIIAS auto show

Hyundai, Kia to showcase new cars at Indonesia’s GIIAS auto show

Hyundai Motor Co. and Kia Corp. will participate in Indonesia’s largest auto show next week as the South Korean sister firms ramp up their off...

Heads of S.Korea's chicken chains promoting expansion abroad

Heads of S.Korea's chicken chains promoting expansion abroad

The CEOs of South Korea's top three fried chicken franchises are promoting their brands overseas based on the judgement that growth will stagnate if...

With long-gone heyday, Capro clings to stake sale for survival

With long-gone heyday, Capro clings to stake sale for survival

Once everyone’s darling but now an ugly duckling, Capro Co., South Korea’s sole maker of caprolactam, a nylon raw material, is despera...

Korea’s STX to build joint Indonesia nickel plant for EV cells

Korea’s STX to build joint Indonesia nickel plant for EV cells

South Korea’s trading company STX Corp. is set to build a nickel plant with an Indonesian company in the Southeast Asian country to expand its...

Hyundai, legendary chip architect Jim Keller to make chips for future cars

Hyundai, legendary chip architect Jim Keller to make chips for future cars

South Korea’s top automaker Hyundai Motor Group said on Thursday it has partnered with legendary chip architect Jim Keller to jointly develop ...

S.Korea’s mobile app spending hits record high in H1 2023

S.Korea’s mobile app spending hits record high in H1 2023

South Korean consumers' spending on mobile apps recorded the highest-ever in the first half of this year.Mobile data and analytics platform data.ai ...

Costco Korea under heavy scrutiny over cart pusher’s death

Costco Korea under heavy scrutiny over cart pusher’s death

Costco has come under heavy scrutiny after a 29-year-old cart pusher at one of its outlets near Seoul died after working in scorching heat in June, ...

HD Hyundai Infracore opens online excavator store

HD Hyundai Infracore opens online excavator store

South Korea's HD Hyundai Infracore Co. announced on Thursday that it has opened the first "Develon Online Store," an excavator online mall in the co...

Big Bang deregulation poised to bolster S.Korean ST market

Big Bang deregulation poised to bolster S.Korean ST market

South Korea’s fractional investment market is gearing up for a grand opening after the government earlier this year unveiled security token of...

S.Korea to fully open gov't R&D projects to foreign researchers

S.Korea to fully open gov't R&D projects to foreign researchers

South Korea's Ministry of Trade, Industry and Energy on Wednesday said it will allocate 5 trillion won ($3.8 billion) of its R&D budget for exce...

Advanced memory is strategic asset for Korea’s chip supremacy: Hwang

Advanced memory is strategic asset for Korea’s chip supremacy: Hwang

South Korea, home to the world’s two largest memory chipmakers – Samsung Electronics Co. and SK Hynix Inc. – has been the dominant...

Korea's SM buys shipping line HMM shares ahead of bidding

Korea's SM buys shipping line HMM shares ahead of bidding

South Korea’s SM Group has increased its ownership in HMM Co., the country’s top container shipping line. The 30th-largest conglomerate ...

Global EV, battery sectors in war for talent acquisition

Global EV, battery sectors in war for talent acquisition

Global electric vehicle and battery makers are fiercely competing to secure talent with high salaries and various incentives as their workforces a...

Shinsegae, Hana Financial, Bain Capital to finance $438 mn Starfield Cheongna Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs K Shipbuilding up for sale as Korean shipyards ride new boom Samsung to buy US health tech firm Xealth in digital health push Korean waste management firm Koentec put on market for $730 mn