POSCO Int'l, CIP tie up for Korean offshore wind project

POSCO Int'l, CIP tie up for Korean offshore wind project

POSCO International, the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., has joined hands with C...

Korea’s KHNP wins project for tritium removal plant in Romania

Korea’s KHNP wins project for tritium removal plant in Romania

State-backed Korea Hydro & Nuclear Power Co. (KHNP) has won a €200 million order to build a tritium removal facility (TRF) at a nuclear pow...

S.Korean gov't unveils new K-tourism video ads

S.Korean gov't unveils new K-tourism video ads

The South Korean Ministry of Culture, Sports, and Tourism, along with the Korea Tourism Organization, announced on Tuesday that they have launched t...

S.Korean firms' rights issues swell 10-fold in June

S.Korean firms' rights issues swell 10-fold in June

An increasing number of South Korean companies are bumping up new share sales in search of cheaper funds. A total of 10 companies listed on the Kosp...

S.Korea's Naver Webtoon to expand IP-based operations

S.Korea's Naver Webtoon to expand IP-based operations

South Korea's Naver Webtoon is selling its online intellectual property (IP)-based webtoon products on the offline market to expand its webtoon IP o...

Samsung, 4 Korean banks to foster financial software engineers

Samsung, 4 Korean banks to foster financial software engineers

Samsung Electronics Co. and South Korea’s four commercial banks – Shinhan, KB Kookmin, Hana and Woori – have agreed to help suppor...

Amorepacific to strengthen partnership with A.S. Watson

Amorepacific to strengthen partnership with A.S. Watson

South Korean beauty and cosmetics giant Amorepacific Group announced on Tuesday that it has signed a memorandum of understanding with A.S. Watson ...

South Korea’s next price cut target to ease inflation; flour prices

South Korea’s next price cut target to ease inflation; flour prices

South Korea urged domestic millers to cut flour prices after demanding a similar move to instant noodle makers to further ease inflationary pressure...

S.Korea breaks into World Bank's global logistics top 20 list for 1st time

S.Korea breaks into World Bank's global logistics top 20 list for 1st time

South Korea’s logistics performance has ranked 17th in the world, marking its first entry into the top 20 nations, as assessed by the World Ba...

Cheil Worldwide wins Grand Prix at Cannes Lions 2023

Cheil Worldwide wins Grand Prix at Cannes Lions 2023

South Korea's leading ad agency and marketing company Cheil Worldwide clinched nine awards, including the coveted Grand Prix, at the esteemed Cannes...

Vestas to relocate Asia-Pacific HQ to Seoul in September

Vestas to relocate Asia-Pacific HQ to Seoul in September

Denmark-based Vestas, the world's top wind turbine manufacturer, is set to move its Asia-Pacific regional headquarters from Singapore to South Korea...

SKIET rejuvenates old mining town in Poland as green industry hub

SKIET rejuvenates old mining town in Poland as green industry hub

DABROWA GORNICZA, Poland – It was not long ago that the Polish city of Dabrowa Gornicza in Silesia Province was struggling to bring back its g...

Hyundai Motor to take 1st crack at Korea’s used car market

Hyundai Motor to take 1st crack at Korea’s used car market

South Korea’s top automaker Hyundai Motor Co. is entering the country’s used car market, whose entry by big companies has long been deni...

How North Korea’s Hacker Army Stole $3 Billion in Crypto, Funding Nuclear Program

How North Korea’s Hacker Army Stole $3 Billion in Crypto, Funding Nuclear Program

Last year an engineer working for the blockchain gaming company Sky Mavis thought he was on the cusp of a new job that would pay more money.A recrui...

Genesis GV70 EV tops German magazine comparison

Genesis GV70 EV tops German magazine comparison

The Electrified GV70, an electric SUV from Hyundai Motor Group's luxury brand Genesis, has won the top spot in a comparison test run by Germany's ...

Kakao Mobility to develop EV, self-driving tech with Vietnam's Vingroup

Kakao Mobility to develop EV, self-driving tech with Vietnam's Vingroup

South Korea's Kakao Mobility is collaborating with Vietnam's No. 1 corporation Vingroup JSC and Southeast Asia's biggest information and communicati...

BlueOval SK secures $9.2 bn loan from US Department of Energy

BlueOval SK secures $9.2 bn loan from US Department of Energy

BlueOval SK, the battery production joint venture between SK On Co. and Ford Motor Co., has provisionally secured up to $9.2 billion in policy suppo...

Hyundai Motor releases IONIQ 5 N's final teaser

Hyundai Motor releases IONIQ 5 N's final teaser

South Korean automaker Hyundai Motor Co. released its third and final IONIQ 5 N teaser on Friday.The car is the N brand's first high-performance, ...

AI talent shortage poses threat to Korean AI tech development

AI talent shortage poses threat to Korean AI tech development

Since the advent of the AI-powered chatbot sensation ChatGPT, the battle to win AI talent across companies large and small has intensified, threaten...

SK Pharmteco opens 2nd biomanufacturing plant in France

SK Pharmteco opens 2nd biomanufacturing plant in France

SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has secured a second plant ...

Yen’s plunge spurs bargain-hunting in Korea; savings fastest in 6 years

Yen’s plunge spurs bargain-hunting in Korea; savings fastest in 6 years

The sliding yen is prompting South Koreans to go bargain-hunting for the Japanese currency in the wobbly financial market as yen-denominated deposit...

S.Korea's Samyang Foods promotes Buldak Ramen in Hanoi

S.Korea's Samyang Foods promotes Buldak Ramen in Hanoi

Samyang Foods Co., South Korea's leading food manufacturer, announced on Friday that it opened a promotional booth at the "K-Food Festival" held at ...

Revuelto, Lamborghini's first PHEV, launched in S.Korean market

Revuelto, Lamborghini's first PHEV, launched in S.Korean market

Italian supercar brand Automobili Lamborghini unveiled its first-ever plug-in hybrid (PHEV) super sports car, the "Revuelto," in South Korea on Frid...

S.Korea expands cooperation with Vietnam in intellectual property rights

S.Korea expands cooperation with Vietnam in intellectual property rights

The Korean Intellectual Property Office (KIPO) on Thursday said it signed a memorandum of understanding with the Intellectual Property Office of Vie...

S.Korea's military aircraft exports to NATO get major boost

S.Korea's military aircraft exports to NATO get major boost

South Korea has concluded a deal with the North Atlantic Treaty Organization (NATO) on mutual recognition of certification of military aircraft airw...

US burger chain Five Guys to launch in South Korea on June 26

US burger chain Five Guys to launch in South Korea on June 26

The American burger chain Five Guys, which has attracted keen interest in South Korea for its service and prices even before its entry into the coun...

Blind recognized as one of Time100 Most Influential Companies 2023

Blind recognized as one of Time100 Most Influential Companies 2023

Blind, the renowned online forum for verified but anonymous professionals, has been included on the esteemed Time100 Most Influential Companies list...

Korea’s SK Square sells off entire stake in Grab as shares tumble

Korea’s SK Square sells off entire stake in Grab as shares tumble

SK Square Co., the intermediate holding company of South Korea’s SK Group, has liquidated Grab Geo Holdings, a joint venture with Grab Holding...

POSCO-led consortium signs 47-yr Oman green hydrogen project

POSCO-led consortium signs 47-yr Oman green hydrogen project

A consortium led by POSCO Holdings Inc. and Samsung Engineering Co. has signed a 47-year contract with Oman worth an estimated $7 billion-$8 billion...

Kakao Healthcare ties up with Dexcom for global diabetes biz

Kakao Healthcare ties up with Dexcom for global diabetes biz

South Korea’s Kakao Healthcare Corp. has taken a step forward to expand its business into the global market by collaborating with US medical d...

Hyundai Motor’s high-stakes gambit in US: Cut vehicle prices as rivals hike With waning MZ interest, is heyday over for S.Korea’s golf apparel market? LG links up with Chinese rivals for budget appliance supremacy Mercedes opens world’s 1st Maybach flagship center in Seoul Blackpink's new single Jump tops Spotify daily chart