McDonald’s to increase locations by 25% in S.Korea by 2030

McDonald’s Corp., the world’s top fast-food restaurant operator, is set to increase the number of its locatons in South Korea by 25% to ...

Hyundai unveils driverless shuttle at Korean National Assembly

Hyundai Motor Co. has launched a pilot service of the RoboShuttle, a combination of artificial intelligence (AI) and autonomous driving technology, ...

Ontario, S.Korea VC firm to establish $76 mn healthcare fund

Canada's Ontario government has joined hands with a South Korean venture capital firm to establish a fund of 100 million Canadian dollars ($75.6 mil...

HD Hyundai Heavy Industries starts building next-gen Aegis-equipped ship

South Korea's HD Hyundai Heavy Industries Co., the shipbuilding affiliate of HD Hyundai Co., has embarked on the full-scale construction of the next...

Kia to begin EV battery subscription service pilot project

South Korea's Kia Corp. said on Tuesday it has partnered with Hyundai Capital Services, Shinhan EZ General Insurance, the Seoul Taxi Association, Ha...

Kyungdong Navien opens Mexican corporation

South Korea's leading heating systems manufacturer Kyungdong Navien said on Monday that it has opened a new overseas corporation in Mexico, marking ...

Jeju Air becomes 1st S.Korean LCC to surpass 100 mn passenger mark

South Korea's low-cost carrier (LCC) Jeju Air Co. on Sunday said its cumulative number of passengers exceeded 100 million 17 years after the company...

Korean ETFs’ net asset value doubles in 3.5 years

South Korea’s exchange-traded funds (ETFs) surpassed 100 trillion won ($75.7 billion) in net asset value for the first time on Thursday, 21 ye...

Samsung SDI gets carbon footprint certification

South Korea's Samsung SDI Co., the sixth-largest electric vehicle cell maker globally, announced on Friday that it has become the first secondary ba...

S.Korea to tighten immigrant investor requirements

South Korea will raise the minimum requirements for the country’s investment immigration visa program amid growing controversy over foreigners...

KT, Samsung to cooperate in building S.Korean-style full stack AI

South Korea's KT Corp. and Samsung Electronics Co. will pool their capabilities to build domestically developed full stack artificial intelligence...

EU temporarily halts probe of Korean Air-Asiana merger

Europe's antitrust regulator has temporarily suspended its investigation into the proposed merger of Korean Air Lines Co. and Asiana Airlines Inc. a...

S.Korea exports halal-certified beef to Malaysia for 1st time

Halal-certified premium Korean beef Hanwoo was exported to Malaysia on Thursday, marking the culmination of seven years of quarantine negotiations f...

Korean Air to use bio-jet fuel on international flights

Korean Air Lines Co. announced on Thursday that it will start operating bio-jet fuel flights in partnership with GS Caltex Corp., marking the first ...

Kakao Healthcare to build metaverse healthcare platform

Kakao Healthcare, a digital healthcare platform unit of South Korea's Kakao, announced on Wednesday that it has been selected as the final operato...

US to send Its biggest sub to Korean Peninsula in message to North and South

SEOUL—The U.S. plans to send its largest nuclear-armed submarine to South Korea for the first time in four decades, in an effort to deter Nort...

Interpark Triple sees surge in sales of Japan tours, activities

Sales of Japan tour and activity products to South Korean travelers have surged in recent weeks, driven by an increase in the number of independent ...

CJ Logistics to build logistics centers in US with $416 mn investment

CJ Logistics Corp. and Korea Ocean Business Corporation (KOBC) will together build three logistics centers in the US with an estimated investment of...

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

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

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

Hyundai Mobis overtakes Japan's Aisin on global auto parts market

South Korea's Hyundai Mobis has surpassed Japan's Aisin, its biggest competitor in auto parts excluding batteries, to break into the top five on the...

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...

Hyundai Card, Visa form global data alliance

South Korea’s Hyundai Card has launched a data analysis business with Visa. Hyundai Card on Monday said it formed a strategic business partner...

S.Korean oil refiner GS Caltex accelerates advance into cosmetics biz

GS Caltex Corp., South Korea’s second-largest oil refiner, is expediting its advance into the cosmetics industry as part of its green transfor...

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...

Heyday over for Amorepacific, LG Household in China’s beauty market

Amorepacific Corp. and LG Household & Health Care Ltd., basking in the global K-beauty boom, reaped handsome profits in China, the world’s...

KOGAS, Vietnamese firms to jointly undertake major infra projects

South Korea's state-run Korea Gas Corp. (KOGAS) has announced a partnership with Vietnamese firms, kickstarting a major infrastructure project follo...

LG Innotek to spend $1 bn to double Vietnam output capacity

South Korea’s LG Innotek Co., a major camera module supplier for Apple iPhones, is set to invest $1 billion in Vietnam to more than double its...

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...