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...
Seven out of 10 int'l travelers choose Japan: Yanolja reports
Osaka, followed by other Japanese cities, is the top international choice for South Korean travelers, while domestically, Jeju Island remains the fa...
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...
Korean swimwear Barrel posts profit in post-pandemic surfing boom
South Korea’s leading swimwear maker Barrel is stepping up its profitability after losses during COVID-19 as its new owner has saved costs thr...
LG Energy, Huayou Cobalt set up battery recycling JV in China
LG Energy Solution Ltd., the world’s No. 2 battery maker, and Zhejiang Huayou Cobalt Co., the global refined cobalt leader, have launched a ce...
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
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
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
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
Jin Roy Ryu, chairman of South Korea’s leading copper smelter and defense equipment maker Poongsan Corp., has been chosen to lead the ...
LG Energy Solution tops global EV battery market excluding China in H1
South Korea's LG Energy Solution Ltd. in the first half of this year retained its No. 1 ranking on the global market for electric vehicle (EV) batte...
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 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
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
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 Korea Inc. (TAK) is reviewing its film line expansion in South Korea as part of its 300 billion won ($229 million) capital ...
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...
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 ...
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...
Nexon launches hit RPG Blue Archive in China
South Korea’s major game company Nexon Co. on Thursday said it officially released on the Chinese market Blue Archive, a subculture mobile rol...
S.Korean cosmetics overtake French as top imports in Japan
South Korean cosmetics topped the Japanese import market for the first time in 2022, surpassing French brands, the Yomiuri Shimbun reported Thursd...
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
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...
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 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, ...
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
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
South Korea, home to the world’s two largest memory chipmakers – Samsung Electronics Co. and SK Hynix Inc. – has been the dominant...
