Korea’s inflation picks up 5.2% in January on high utility prices
South Korea’s headline inflation accelerated 5.2% year on year in January, reversing its course of slowing in the past two months due to gains...
NYLIM taps Sungyun Hong as head of Seoul office
New York Life Investments (NYLIM) has appointed Sungyun Hong as head of its Seoul office, the US asset management firm said on Wednesday. Hong ...
SK C&C joins hands with Microsoft for digital healthcare solutions
SK C&C, an IT services unit of SK Group, said on Thursday that it had signed an agreement with Microsoft Korea to advance into the global market...
NGeneBio to launch precision cancer test service in Thailand
South Korean medical diagnostic company NGeneBio Co. has partnered with MP Group, a large consignment testing agency in Thailand, to launch a precis...
Hyundai Motor opens Hyundai Mobility Lounge Kyoto Shijo
Hyundai Motor Co. is establishing a permanent location in Japan's Kansai region to allow customers to experience its eco-friendly cars such as the I...
Kim&Chang sets to enter Indonesia's legal market
Kim & Chang, South Korea's leading law firm, is poised to expand into Indonesia, joining the race among major legal firms seeking a foothold in ...
Korea Customs Service to advance Tanzania's e-customs clearance system
The Korea Customs Service said on Wednesday that it has signed a memorandum of understanding (MOU) with the Tanzania Revenue Authority for cooperati...
KB Financial Group holds investment conference via metaverse
South Korea's KB Financial Group on Tuesday presented its investment philosophy to individual and institutional customers in the metaverse, a three-...
S.Korea's Woowa Brothers launches professional service robot affiliate
Woowa Brothers, the parent company of South Korea's food delivery app Baedal Minjok, on Wednesday spun off its professional service robot unit into ...
S.Korea's Samkang M&T undergoes relaunch with new name SK oceanplant
South Korea's Samkang M&T Co., a specialist in offshore wind plants and shipbuilding, has been renamed SK oceanplant under a strategy to raise t...
S.Korea's MGRV attracts $10mn Series B bridge investment
MGRV Community & Space, a South Korean startup that operates co-living facilities under the brand "Mangrove," announced on Wednesday it has attr...
Two premium taxi apps mull tie-up to challenge Kakao
South Korea's two premium ride hailing apps TADA and i.M are considering a merger in a bid to challenge Kakao Mobility Corp., which commands about 9...
Korea's InCerebro to leverage AI to identify drug candidates
South Korean AI-based drug developer InCerebro aims to identify potential drug candidates using molecular modeling technology, according to its CEO ...
S.Korea likely to suffer recession as Jan exports tumble
South Korea is likely to head for a recession for the first time in three years as exports of Asia’s fourth-largest economy in January dropped...
S.Korea's fisheries ministry to transfer tech on Napoleon fish to SE Asia
South Korea's Ministry of Oceans and Fisheries will transfer technology to Indonesia on farming the tropical Napoleon fish and reduce sea pollution ...
S.Korea's top sci-tech school creates cutting-edge anti-drone technology
A research team at South Korea's top science and technology university has developed an anti-drone technology that can remotely neutralize a city-in...
S.Korea's Daewoong Pharmaceutical to export tech to British company
South Korea's Daewoong Pharmaceutical has licensed a new drug candidate for idiopathic pulmonary fibrosis (IPF) to CS Pharmaceuticals (CSP) of the U...
Korea's credit card approval volume hit all-time high last year
The annual card approval amount in South Korea exceeded 1,000 trillion won ($811.4 billion) for the first time ever. This is largely because of "ret...
SGC Solutions expands overseas sales channels for its brand Glasslock
South Korea's glassware maker SGC Solutions said Tuesday that it has signed a memorandum of understanding (MOU) with the Korea Small & Medium Bu...
Kakao Mobility enters Laos under biz strategy for Southeast Asia
South Korea's Kakao Mobility has entered Laos under a plan to use the country as a base for the transportation company's operations in Southeast Asi...
Samsung Display enjoys record profit on Apple iPhone 14
Samsung Display Co., South Korea’s top display maker, said its profit soared by a third to a record high as it supplied high-end products to A...
South Korea's Jeju Air to open up Indonesian skies
Jeju Air Co. and Indonesia's largest airline corporation will work together to develop flight routes and discover new tourism business opportunities...
Korea’s Hyundai Electric wins $86 mn transformer deal in US
Hyundai Electric & Energy Systems Co., a power equipment and energy solution affiliate of the world’s largest shipbuilding group holding c...
Korea Exchange seeks to extend derivatives trading hours
South Korea’s bourse operator is seeking to extend derivatives trading hours by opening the market 15 minutes earlier at 8:45 am and allow for...
Kakao Mobility to pursue joint development with 4 major delivery services
South Korea's transportation company Kakao Mobility on Monday said it concluded a "delivery service business agreement for joint development of the ...
Korea boosts energy cooperation with natural resource-rich W.Australia
South Korea has boosted its energy cooperation with Western Australia, the biggest of Australia's six states and packed with natural resources.Minis...
Companies prioritize sense of responsibility over skills when hiring staff: study
Two-thirds of South Korea's top 100 companies are looking for talented employees with a spirit of challenge and sense of responsibility, mainly beca...
Mobile Living Space: Hyundai’s new future mobility concept
A self-driving vehicle taking a passenger home and then docking into the building so that they can enter the house without being exposed to the outs...
GM Korea to launch Trax, Cadillac EV; likely turn to profit this year
GM Korea Co. expects to turn to profit this year after years of losses as the South Korean subsidiary of the US auto giant plans to bring six new an...
Korea’s nuclear power: Ample export opportunities ahead
The recent energy crisis dealt a particularly hard blow to Europe given its heavy dependency on Russian gas. The world was once again awakened to th...
