S.Korea’s ruling party gears up for won-based stablecoin legislation

South Korea’s push to launch won-based stablecoins is taking shape as the ruling Democratic Party unveiled proposed legislation to promote cry...

KPop Demon Hunters OST lands at No.6 on Billboard Hot 100

The original soundtrack Golden from Netflix’s hit animated movie KPop Demon Hunters has made chart history, becoming the first track by a virt...

South Korea’s Lee completes cabinet lineup with IT executive, lawmaker

South Korean President Lee Jae Myung has tapped an information technology firm executive as culture minister and a ruling party lawmaker as land min...

SK Hynix leads Samsung in customized HBM; lands Nvidia, Microsoft deals

SK Hynix Inc. has secured Nvidia Corp., Microsoft Corp. and Broadcom Inc. as key clients of its customized high-bandwidth memory (HBM), positioning ...

SpaceX’s Starlink, Eutelsat’s OneWeb land in Korea for LEO satellite services

South Korea has officially cleared the way for low-earth orbit (LEO) satellite internet services, granting regulatory approval for SpaceX’s St...

Samsung gears up for foray into space infrastructure industry

Samsung Group is stepping up efforts to venture into the space infrastructure industry, a sector analysts say remains a blue ocean where South Korea...

Hyundai Rotem lands $301 mn Taiwan driverless train deal

Hyundai Rotem Co. has won a 420 billion won ($301 million) order to build autonomous electric trains for Taiwan’s Taichung Metro, adding to a ...

RedotPay lands in Seoul with crypto cards

RedotPay, a Hong Kong-based blockchain fintech company, has arrived in South Korea with its cryptocurrency-based payment cards and is poised to disr...

CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion

CJ CheilJedang Corp., South Korea’s largest food and beverage company, said on Wednesday it has scrapped a planned sale of its green bio busin...

Trump’s tariffs are hitting exports, early Korean data show

The effects of President Trump’s new tariffs are starting to be felt across the world, preliminary South Korean trade data suggest, as Seoul p...

NPS gears up for investment overhaul with boost in risk assets

South Korea’s National Pension Service (NPS), the country’s largest institutional investor, is set to overhaul its investment strategy w...

ABL Bio lands $2.8 billion license-out deal with GSK

ABL Bio Inc., a South Korean biotech company, will license out its proprietary blood-brain barrier shuttle platform, called the Grabody-B, to UK-bas...

Hanwha gears up for 3rd-generation leadership with chairman’s stake gift

South Korea’s chemical-to-defense conglomerate Hanwha Group Chairman Kim Seung-youn will hand over half of his holdings in the conglomerate&rs...

Middle East: New land of opportunity for Korean medical devices

South Korea is making inroads into the Middle East's medical device market dominated by the US and Europe, aiming to leverage the region’s str...

E-Land manages New Balance’s record $689 mn in Korean sales

South Korea’s retail giant E-Land Group has achieved 1 trillion won ($689 million) in Korean sales of the global sports footwear and apparel b...

E-Land sets sights on Vietnam as its next China, to open 10 outlets by 2025

South Korea’s retail giant E-Land Group has set its sights on Vietnam as its next target market after China, planning to open 10 outlets there...

Indian stock market gears up for leap: NSE CEO  

India’s stock market is gearing up for a leap thanks to an influx of retail investors seeking better returns and the lower barriers for small ...

Korea Investment manages Vista Land $50 mn global bond issuance

Korea Investment & Securities Co. announced on Thursday that its Hong Kong subsidiary KIS Asia managed the issuance of $50 million in global bon...

LG CNS gears up for 2025 IPO with $5.1 billion in enterprise value

LG CNS Co., the information technology service unit of South Korea’s LG Group, is gearing up for an initial public offering early next year, o...

Korea’s taxi app i.M ties up with MK Group to land in Japan

South Korea’s premium ride-hailing app i.M joined hands with Japan’s taxi operator MK Group to allow each platform's customers to use bo...

POSCO gears up for carbon-free steelmaking with hydrogen

POHANG, North Gyeongsang Province – POSCO, the world’s seventh-largest steelmaker, is set to significantly reduce emissions in the produ...

E-Land Retail to enter convenience store market

South Korea's E-Land Retail, the operator of Kim's Club, NC Department Store, and New Core Outlet operator, plans to enter the convenience store mar...

Startups bet on affluent Gen X in Korea’s senior living market

Elder-care startups are rushing to build high-end senior homes in South Korea targeting affluent Generation Xers set to retire in five years on expe...

Samsung sets up team to win AI chip deal from Nvidia

Samsung Electronics Co., the world’s top memory chipmaker, established a team for a billions-of-dollars high-bandwidth memory chip supply deal...

Samsung shifts gears to focus on HBM, server memory chips

South Korean tech giant Samsung Electronics Co. said on Tuesday it will adjust its memory chip product mix to increase the output of advanced memory...

Middle East, land of dreams for South Korean IT firms

South Korea’s information technology and game companies are rushing to the Middle East to seek global growth drivers as the oil-rich countries...

Breezm lands in US with plan to open 100 stores in 5 years

Breezm, a South Korean startup making customized eyeglasses with artificial intelligence and 3D technologies, has opened its first offshore store in...

LF’s fashion brand Dunst teams up with E-Land for China push

South Korean clothing company LF Corp. said on Monday that its street fashion brand Dunst will build an offline presence in China in partnership wit...

Kangwon Land aims to revive casino business with $1.9 billion in spending

Kangwon Land Inc., the operator of South Korea’s only casino open to locals, has long been struggling with declining visitors.Located in a rem...

Nexon opens blockchain game corporations in UAE

South Korea’s online game developer Nexon Korea Corp. opened its corporations in the United Arab Emirates (UAE) at the end of last year to str...