S.Korea’s foreign currency deposits fall as dollar’s strength seen limited

South Korea’s foreign currency deposits fell for the first time in four months in January as the dollar’s further gains versus the won f...

LG opens ‘Life’s Good’ experience space in Singapore

LG Electronics Inc. announced on Monday that it opened its "Life's Good" brand experience space in Singapore. Located in the upscale Millenia Walk m...

LG Energy's 2nd bond issue hits record $4.2 bn in bids

LG Energy Solution Ltd., the world’s second-largest rechargeable battery maker, drew a record 5.61 trillion won ($4.2 billion) in bids for a S...

Hyundai N Vision 74 wins 2023 Good Design Award

Hyundai Motor Group announced on Thursday that its nine products across Hyundai Motor Co., Kia Corp., and premium brand Genesis have received top ...

Koreans’ yen savings snap growth streak despite BOJ exit talk

Yen-denominated deposits in South Korea slid for the first time in eight months as local investors took profits from the recent gains in the major c...

S.Korea's perfume duty free limit to rise by 100 ml in 2024

South Korean government will raise the duty-free limit of perfume from 60 ml to 100 ml in January 2024. The Ministry of Economy and Finance announce...

LG Elec opens customer experience space in Ho Chi Minh

LG Electronics Inc. announced on Friday the unveiling of a customer experience space called "Another Saigon" in Ho Chi Minh City, Vietnam, where the...

Korea’s troubled kimchi fridge maker Winia seeks new owner

Winia Co., South Korea’s troubled kimchi refrigerator manufacturer under court receivership, is looking for a new owner to save the company fr...

Korean current account surplus at 19-month high on exports recovery

South Korea’s current account surplus hit a 19-month high in October as goods exports reported their first on-year growth in 14 months amid si...

Kim Jong Un urges women to be good comrades — and give birth

SEOUL—Kim Jong Un has a new mission for North Korean women: Have more babies.Kim acknowledged the impoverished nation’s plunging bi...

HDC IPark Mall opens S.Korea's first Nintendo pop-up store

South Korea’s HDC IPark Mall has opened Japanese game giant Nintendo’s first official pop-up store at the Yongsan location in Seoul fr...

China’s Temu challenges homegrown e-commerce platforms in Korea

Temu, a popular Chinese discount e-commerce platform that landed in South Korea just a few months ago, has apparently cracked homegrown players&rsqu...

Fake Rolexes most common counterfeit watches smuggled into S.Korea

After the COVID-19 crisis, it has been revealed that counterfeit goods smuggling is on the rise once again. According to data submitted by the Korea...

LG Electronics unveils new gaming monitor tailored for LoL

LG Electronics Inc. 's new LG UltraGear gaming monitor is optimized for both performance and design and customized for the world-famous multiplayer ...

Naver's Kream integrates with Japan's Soda

Naver Corp.'s subsidiary Kream, the South Korean limited-edition goods trading platform has decided to merge its operations with Japan's Soda Inc., ...

Pharmgen Science exports neomcell products directly to Vietnam

South Korea's Pharmgen Science announced on Wednesday that it has initiated shipments for its healthcare brand "neomcell" for the first direct expor...

LG Electronics boosts 'Life's Good' campaign in Tennessee

South Korea's electronics giant LG Electronics Inc. has commenced various community support initiatives in Tennessee, one of its key production hubs...

Samsung releases Galaxy Watch6 Classic PXG edition

Samsung Electronics Co. announced on Thursday that it will begin limited-time offers of the "Galaxy Watch6 Classic PXG edition," in collaboration wi...

Samsung releases Galaxy Z Fold5 Thom Browne edition

Samsung Electronics Co. announced on Thursday that it will unveil the Galaxy Z Fold5 Thom Browne edition, a foldable smartphone created in collabora...

Samsung Electronics avoids EU’s digital market regulations  

Samsung Electronics Co. has steered clear of the European Union’s new set of regulations designed to rein in the dominance of Big Tech compani...

Discovery in S.Korea promises dieting without limits on eating

A drug candidate in South Korea could allow people seeking to lose weight to eat to their heart's content.The Center for Cognition and Sociality of ...

Gucci cedes throne to Chanel in Korean used luxury market

Italian luxury brand Gucci gave up the throne to French fashion powerhouse Chanel in the South Korean used designer goods market as more customers a...

BC Card to develop NFT as used luxury item receipt

South Korea’s BC Card on Sunday said it has applied for two domestic patents for payment receipt-based non-fungible token (NFT) technology to ...

Cosmax opens Asia's largest cosmetics plant in China

Cosmax Inc., South Korea's biggest cosmetics maker using original design manufacturing (ODM), has opened Asia's largest cosmetics plant in China. ...

S.Korean cosmetics overtake French as top imports in Japan

South Korean cosmetics topped the Japanese import market for the first time in 2022, surpassing French brands, the Yomiuri Shimbun reported Thursd...

Shinsegae Live Shopping launches first travel product to India in four years

South Korea’s Shinsegae Live Shopping announced on Thursday that it has partnered with Mode Tour to sell travel products to India for the firs...

S.Korea sees fever for luxury goods wane in post-COVID-19 era

South Korea is seeing a gradual decline in the open run, or the practice of customers standing in line before a brand's opening at a department stor...

KEPCO strives to drive out birds meant to bring good luck

Magpies, which East Asians believe bring good luck and fortune, are posing a headache for Korea Electric Power Corp. (KEPCO), by gnawing at power ...

Hanjin teams up with global fandom company bemyfriends

South Korea's Hanjin Transportation on Wednesday said it signed an agreement on business cooperation in the US with the Seoul-based global fandom co...

Korea logs current account surplus in May on brisk sales of goods

South Korea’s current account swung to the black in May from a deficit the prior month, thanks to a surplus in the goods account for the secon...