MSCI Korea Index adds Hyundai Rotem

MSCI announced on Wednesday that South Korea's Hyundai Rotem Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index. ...

Global sportswear brands race to ride on Korea’s running craze

Global sportswear makers have stepped up competition in South Korea to take advantage of the country’s growing running craze with major brands...

Regulator puts brakes on Korea Zinc’s $1.8 bn rights issue

South Korea’s Financial Supervisory Service (FSS) has put the brakes on Korea Zinc Inc.'s 2.5 trillion won ($1.8 billion) rights issue aimed a...

S.Korea's BBQ enters world's most populous market, India

Genesis BBQ Group, the operator of a popular South Korean fried chicken brand, is expanding its market to South Asia by entering India, the world&rs...

S.Korea's SPC Samlip launches B2B brand 'Yaam'

SPC Samlip Corp., a subsidiary of South Korea’s food and bakery giant SPC Group, announced Wednesday that it has launched a B2B solutions bran...

LG CNS launches AI solution Enerdict for virtual power plant operators

LG CNS Co., a leading South Korean IT service provider, has launched Enerdict, an AI-powered solution designed to optimize the operations of virtual...

Loss-making Pizza Hut Korea files for rehabilitation

Money-losing Pizza Hut Korea Ltd., the Korean master franchisee of the giant US pizza franchisor, has filed for corporate rehabilitation in Seoul in...

MBK’s Korea Zinc bid aimed at corporate governance, shareholder value

MBK Partners’ takeover bid for Korea Zinc Inc. aims to improve corporate governance and shareholder value at the world’s largest lead an...

LG Electronics to venture into food waste disposer market

LG Electronics Inc., the world's largest home appliance maker, will foray into the food waste disposer market in the first quarter of 2025, heraldin...

Jay-Z’s Roc Nation to invest $5 mn in S.Korea’s Musicow  

US entertainment tycoon Jay-Z’s Roc Nation is expected to invest about $5 million in Musicow Inc., South Korea’s music copyright trading...

Daedong opens autonomous robot subsidiary Daedong Robotics

Daedong Group, South Korea's leading agricultural machinery manufacturer, said on Monday it established Daedong Robotics, an intelligent autonomous ...

S.Korea set to scrap financial investment income tax

South Korea is set to scrap a plan to impose a tax on gains from financial investments – a scheme slated to be introduced early next year &nda...

In South Korea, cash is king on US election, Samsung uncertainties

South Korean investors are hoarding cash as Samsung Electronics Co., the world’s top memory chipmaker, hurts local stocks and uncertainties ov...

Hyundai, Kia gets triple A credit rating from S.Korean agencies

Hyundai Motor Co. and Kia Corp. said on Monday they received AAA ratings, with Stable outlooks for both companies, from Korea Ratings Corp., Nice In...

L&F to supply ultra-high nickel cathodes to Korean, US EV makers

South Korea’s leading battery materials maker L&F Co. plans to begin mass production of nickel-cobalt-manganese (NCM) battery cathodes wit...

Korea’s household debt sees ‘balloon effect’ as rules tightened in Seoul

South Korea’s household lending market is witnessing a balloon effect as tighter government lending rules for Seoul and its surrounding metrop...

Mediaiplus aims to be the Amazon of clinical trials

Mediaiplus Inc., South Korea’s only provider of data analytics and contract research organization (CRO) matching services for clinical trials,...

Korea’s export growth at 7-month low amid growing external risk

South Korea’s export growth slowed to a seven-month low in October despite strong shipments of semiconductors and automobiles, stoking concern...

KB Asset Management to list Balhae Infrastructure Fund

South Korea's KB Asset Management Co. said on Friday it plans to list its KB Balhae Infrastructure Fund. Launched in 2006, KBIF focuses on so...

S.Korea aims to export $1 bn Gim by 2027

South Korean Ministry of Oceans and Fisheries plans to enhance the global competitiveness of Korea's seaweed industry by establishing "Gim” ...

LG H&H, DSH to nurture beauty tech startups

South Korean cosmetics giant LG H&H Co. said on Thursday that it will run an open innovation program with the US-based Draper Startup House (DSH...

Samsung’s memory business fares better in Q3; more HBM sales ahead 

Samsung Electronics Co. reported weaker-than-expected operating profit in its chip business in the third quarter but expects a rise in sales of its ...

LG Elec launches modular home Smart Cottage

LG Electronics Inc. said on Wednesday it started selling its LG Smart Cottage, a compact, prefabricated modular home that utilizes its cutting-edge ...

Korea’s SK Networks partners with Malaysia’s Sunway on AI

South Korean trading company SK Networks Co. has joined forces with Malaysian conglomerate Sunway Group to work together on future growth sectors su...

Hyundai Motor signs Korea’s largest renewable energy purchase deal

South Korea’s top automaker Hyundai Motor Co. said on Wednesday it has signed a deal to procure 610 gigawatt-hours (GWh) of renewable energy a...

Korea Zinc to raise $1.8 bn in rights issues amid face-off with MBK

Korea Zinc Inc. will raise 2.5 trillion won ($1.8 billion) in rights issues in December following its share buybacks and allocate 20% of them to its...

Samsung SDI's operating profit plunges in Q3 amid EV chasm

Samsung SDI Co., the world’s sixth-largest battery maker, continues to grapple with dwindling battery demand from the electric vehicle industr...

LG Chem strengthens automotive adhesives biz

South Korea's LG Chem Ltd., the world’s fourth-largest chemical manufacturer, said on Wednesday it will expand into the automotive adhesives m...

PEN Ventures: A skilled startup accelerator for entrepreneurs going global

For startup accelerators that nurture promising young entrepreneurs, identifying a soon-to-be-unicorn, or a company valued at over $1 billion, in ...

LG Uplus unveils content review platform 1Row

South Korea's LG Uplus Corp. said on Wednesday it launched 1Row, a content review platform for movies and dramasUsers can access cast and director i...