LG Chem targets functional cosmetics market with bio-materials

LG Chem targets functional cosmetics market with bio-materials

LG Chem Ltd., the world’s fourth-largest chemicals manufacturer, is targeting the functional cosmetics market with bio-materials derived from ...

Jimmy John’s to open its first store in Seoul in October

Jimmy John’s to open its first store in Seoul in October

U.S. sandwich franchise Jimmy John's will open a store in Gangnam, Seoul, in October, the company announced on Thursday.This will be Jimmy John's fi...

SK Broadband to launch nationwide dedicated line service in S.Korea

SK Broadband to launch nationwide dedicated line service in S.Korea

South Korea's SK Broadband said on Thursday that it will establish a nationwide network using Internet Protocol-Multi Protocol Label Switching (IP-M...

LG Uplus to support AI startup creation

LG Uplus to support AI startup creation

South Korea's LG Uplus Corp. said on Wednesday that it launched the startup support program Shift, which aims to discover and nurture startups, incl...

S.Korea’s premium kimchi war escalated by luxury hotels

S.Korea’s premium kimchi war escalated by luxury hotels

Kimchi, Koreans’ staple food throughout millennia, has become a new, lucrative revenue source for the country’s luxury hotel chain opera...

LG Energy to supply batteries for Ford's electric commercial vehicles

LG Energy to supply batteries for Ford's electric commercial vehicles

LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, is set to supply battery cells and modules to US For...

South Korea to designate Jeju as flying taxi pilot service zone

South Korea to designate Jeju as flying taxi pilot service zone

South Korea will designate its resort island Jeju a test operation zone for flying taxis as part of the country’s national urban air mobility ...

LG Electronics releases World Food Day campaign

LG Electronics releases World Food Day campaign

LG Electronics Inc. said on Tuesday that it will display World Food Day on outdoor billboards in Times Square, New York, and Piccadilly Circus, Lond...

Big Tech get slap on wrist for tax avoidance in Korea

Big Tech get slap on wrist for tax avoidance in Korea

Global Big Tech companies such as Google, Meta and Netflix have paid a pittance in South Korea taxes and were fined as little as one-ten-thousandth ...

MBK wins enough stake in tender offer to control Korea Zinc

MBK wins enough stake in tender offer to control Korea Zinc

North Asia-focused private equity firm MBK Partners Ltd. has secured a large enough stake in Korea Zinc Inc. through a tender offer to take control ...

Flashlight Capital offers to buy KT&G’s ginseng business for $1.4 billion

Flashlight Capital offers to buy KT&G’s ginseng business for $1.4 billion

Singapore-based investment management firm Flashlight Capital Partners Pte. (FCP) has offered to buy South Korean tobacco maker KT&G Corp.'s gin...

LG Elec to advance in-cabin sensing solution

LG Elec to advance in-cabin sensing solution

LG Electronics Inc. said on Monday it's advancing its in-cabin sensing solution which detects and analyzes the interior of vehicles to prevent acc...

Korea’s Hyundai E&C likely to join UK SMR race with Holtec

Korea’s Hyundai E&C likely to join UK SMR race with Holtec

South Korea’s Hyundai Engineering & Construction Co. (Hyundai E&C), in partnership with US-based Holtec International Corp. is likely ...

Corporate management disputes spring up in S.Korea

Corporate management disputes spring up in S.Korea

An unprecedentedly high number of South Korean corporations have become targets of unwanted hostile takeover attempts or have been embroiled in mana...

S.Korea tops 5G mobile gaming environment in E.Asia

S.Korea tops 5G mobile gaming environment in E.Asia

South Korea led the game score in East Asia with 90.06 out of 100 during the first half of this year, followed by China with 85.64 and Japan with a ...

Korea’s financial exposure to real estate nearly doubles in 10 years

Korea’s financial exposure to real estate nearly doubles in 10 years

South Korea’s financial exposure to real estate has nearly doubled over the past decade, with lending to households making up about half. The ...

Korea Investment lists structured warrants in Indonesia

Korea Investment lists structured warrants in Indonesia

Korea Investment & Securities Co. has become the first South Korean securities firm to list derivative warrants in Indonesia after issuing 11 st...

BOK flags more rate cuts but in gradual, small steps

BOK flags more rate cuts but in gradual, small steps

South Korea’s central bank is open to more cuts in interest rates after its first rate reduction in more than four years on Friday but only in...

Foreign appetite for Korean stocks wanes with $5.5 bn in September sales

Foreign appetite for Korean stocks wanes with $5.5 bn in September sales

Foreign investors' appetite for South Korean stocks turned sour with sales of 7.36 trillion won ($5.5 billion) worth of shares on the Korean bourse ...

Korea’s Dongkuk develops world’s 1st biodegradable film for steel plates

Korea’s Dongkuk develops world’s 1st biodegradable film for steel plates

Dongkuk Coated Metal Co. (Dongkuk CM), the cold-rolled steel unit of South Korean steel conglomerate Dongkuk Holdings Co., on Friday unveiled the wo...

Korea Zinc ups share buyback price, volume to counter MBK

Korea Zinc ups share buyback price, volume to counter MBK

Korea Zinc Inc. said on Friday it will buy back more shares at a higher price than originally planned to counter North Asia-focused private equity f...

Microsoft, KT to invest $1.8 bn in Korea’s AI, infrastructure

Microsoft, KT to invest $1.8 bn in Korea’s AI, infrastructure

Microsoft Corp. and KT Corp. plan to invest 2.4 trillion won ($1.8 billion) in South Korea’s artificial intelligence, cloud and infrastructure...

MBK not to raise Korea Zinc tender offer price after regulator warning

MBK not to raise Korea Zinc tender offer price after regulator warning

MBK Partners will not raise its tender offer prices again for Korea Zinc Inc. and its affiliate Young Poong Precision Corp. after hiking them twice ...

Shinsegae, Paramount to build $3.39 billion theme park complex in S.Korea

Shinsegae, Paramount to build $3.39 billion theme park complex in S.Korea

South Korea’s retail giant Shinsegae Group said on Thursday it has partnered with US media group Paramount Global on a 4.57 trillion won ($3.3...

LG Electronics doubles down on B2B business  

LG Electronics doubles down on B2B business  

LG Electronics Inc., a leading South Korean home appliance maker seeking to transform into a platform company, aims to double sales of its Business ...

Mirae Asset India surpasses 2 million retail client accounts

Mirae Asset India surpasses 2 million retail client accounts

Mirae Asset Securities Co. said on Thursday that the number of retail client accounts in its India operations has crossed the 2 million mark.This ma...

LG Elec named Lowe's 2024 vendor partner of year

LG Elec named Lowe's 2024 vendor partner of year

LG Electronics Inc. said on Wednesday that it was named Lowe's 2024 Vendor Partners of the Year. Lowe's operates over 1,700 home improvement store...

LG CNS gets Google Cloud GenAI certification

LG CNS gets Google Cloud GenAI certification

South Korea's LG CNS said on Thursday that it obtained Google Cloud's Generative AI (GenAI)Service Specialization certification.It's the first Asian...

Korea to join FTSE Rusell bond index to attract $66 bn inflows

Korea to join FTSE Rusell bond index to attract $66 bn inflows

South Korea will be included in a global major bond index next year to attract an estimated $66 billion in capital inflows to Asia’s fourth-la...

LG Energy to supply EV batteries to Mercedes-Benz in N.America

LG Energy to supply EV batteries to Mercedes-Benz in N.America

LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, is set to supply cells to Mercedes-Benz AG, a German...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation