Snack maker Orion earns dividends from Vietnam for 1st time

South Korea’s confectionery and snack manufacturer Orion Corp. collected dividends from its Vietnamese unit for the first time as the company ...

High price, quality issues slow Kia EV9 sales in Korea

Kia Corp., South Korea’s No. 2 automaker, is struggling to sell its flagship large all-electric sport utility vehicle EV9 at home as high pric...

HD KSOE to build world's largest ammonia carriers

HD Korea Shipbuilding & Offshore Engineering Co. (KSOE), the intermediate holding company of HD Hyundai Heavy Industries, is set to become the f...

LG seeks outside innovators' ideas on new growth drivers at Superstart Day    

LG Group, South Korea’s fourth-largest business group, is actively embracing collaboration with outside innovators to foster its new growth dr...

E-Mart opens 4th Korean hypermarket in Ulaanbaatar

South Korea’s top supermarket chain E-Mart Inc. launched its fourth hypermarket in Ulaanbaatar on Thursday with a stronger push for Korean bra...

Samsung releases Galaxy Z Fold5 Thom Browne edition

Samsung Electronics Co. announced on Thursday that it will unveil the Galaxy Z Fold5 Thom Browne edition, a foldable smartphone created in collabora...

S.Korean food company hy boosts cosmetics unit

South Korea’s hy, formerly Korea Yakult, has launched cosmetics made with fermented products using its self-developed lactic acid bacteria, ex...

S.Korea's Lotte Group helps SMEs penetrate Indonesian market

South Korea's Lotte Group through Friday is holding the event Korea Expo in Jakarta in the Indonesian capital with the Korea Trade-Investment Promot...

SK Group, NPS may exercise put option on Masan without gain

South Korean institutional investors, including SK Group and National Pension Service (NPS), are likely to only recover their principal without prof...

India, LG’s land of promise with young, rich population

NOIDA, India -- LG Electronics Inc., the leading global home appliance maker, plans to build a new electronics plant in India to cement its dominant...

Korea's National Geographic Apparel steps up push into China

South Korean fashion company The Nature Holdings Co. is set to expand the presence of its outdoor clothing brand National Geographic Apparel in Chin...

Korean startups join hands amid dwindling funding, acceleration support

Collaboration is becoming active among peer startups in South Korea to create synergy between different technologies and accelerate an early stage s...

Over 130 Chinese travel industry officials visit S.Korea

Since the Chinese government allowed its citizens to participate in group tours to South Korea last month, Chinese travel industry representatives h...

Kia, Lotte Global Logistics to develop logistics-specific PBV

South Korea's Kia Corp. announced on Wednesday that it has signed a memorandum of understanding with Lotte Global Logistics at its headquarters in Y...

Disney Plus movin’ on up in Korea with hit K-drama series 'Moving'

Disney Plus, a global over-the-top (OTT) streaming service provider, is rapidly enhancing its presence in South Korea, with its latest original seri...

Hyundai, Kia unveil automatic cleaning method for camera sensors

Hyundai Motor Co. and Kia Corp. on Wednesday announced their development of rotator cam technology using a small wiper and rotation of the cover gla...

Solus aims to mass-produce copper foil in Canada from 2026

Solus Advanced Materials Co., a South Korean copper foil supplier to Tesla Inc., on Tuesday broke ground on its third overseas plant in Quebec, Cana...

S.Korea's Boryung gets gov’t OK for diabetes drug Trubuddy

South Korea’s Boryung Corp. on Tuesday said it received approval from the Ministry of Food and Drug Safety for its new compound diabetes drug ...

China, beneficiary of Korea’s surging EV cell material exports

South Korea’s exports of cathodes for secondary batteries are surging with the booming electric vehicle industry, but the country’s trad...

10 mn-subscriber YouTuber Mark Wiens to showcase K-food

Renowned food influencer Mark Wiens is set to showcase the allure of gastronomic journeys in South Korea. According to the Korea Tourism Organizatio...

SK Enmove CEO sees future of lubricants in electric cars

South Korea’s lubricating oil maker SK Enmove Co. is setting its sights on electric vehicle lubricants and liquid coolants for thermal managem...

Jackpot seekers boost Grand Hyatt Jeju's Aug sales to record high

Grand Hyatt Jeju within Jeju Dream Tower Integrated Resort posted its highest-ever revenue of 14.3 billion won ($10.8 million) in August, Lotte Tour...

Hyundai Mobis eyes over 30% growth in Europe through 2030

MUNICH, GERMANY – Hyundai Mobis Co., an auto part-making unit of Hyundai Motor Group, is targeting average annual sales growth of 30% in Europ...

S.Korea's airline industry waging fierce price war in fall

South Korea's airline sector is meeting high travel demand during the extended Chuseok (Thanksgiving) holidays late this month by aggressively offer...

Kia to participate Europe's largest defense expo in Poland

Kia Corp. on Tuesday announced its participation in the MSPO International Defence Industry Exhibition in Kielce, Poland. This marks Kia's firs...

Korea’s inflation rebounds in August on extreme weather

South Korea’s headline inflation re-accelerated at the fastest rate in four months above 3% in August after the extreme summer weather hiked a...

SK On’s prismatic battery push fares well: Vice chair

MUNICH -- SK On Co. is making good progress in developing prismatic battery cells, its Senior Vice Chairman Chey Jae-won said on Tuesday, five month...

North Korea’s Kim Jong Un Expected to Meet Putin in Russia

WASHINGTON—North Korean leader Kim Jong Un is expected to travel to Russia soon to meet with President Vladimir Putin, U.S. officials said Mon...

S.Korea woos Chinese visitors via temporary e-visa fee exemption

South Korea has waived e-visa issuance fees through year's end for Chinese visitors on group tours.This is in response to the travel industry's re...

Korea ranks 3rd on global dominant product list to tie Japan

TOKYO -- South Korea has ranked third among countries having the world’s most dominant products. In six categories, including smartphones, mem...