India offers Korean firms detailed guidance for forays into India
India’s finance ministry, central bank and stock market operator outlined the country’s regulatory and investment environment for South ...
Lotte Home Shopping, Asahi to cooperate on health functional food biz
South Korea's Lotte Home Shopping signed an exclusive agreement with Japan's Asahi Group Foods to supply and sell health functional food ingredients...
S.Korea’s LIG Nex1, Iraq set for $2.6 billion deal on M-SAM missile system
Iraq has decided to import South Korean-made mid-range surface-to-air missile (M-SAM) system II, known as Cheongung II, in a deal estimated at $2.6 ...
Mercedes-Benz EV sales tumble in South Korea after fire
German luxury carmaker Mercedes-Benz AG suffered a nosedive in EV sales in South Korea in August after a fire broke out in one of its electric vehic...
POSCO to invest in Tanzanian mine to cut Chinese graphite imports
POSCO Group, South Korea’s steel and battery material conglomerate, is set to invest in the world's second-largest graphite reserve, in Tanzan...
SK Networks' automotive division launches as SK SpeedMate
South Korea's SK Networks Co. completed a split-off of its automotive maintenance division, which has now launched as a new company named SK Speed...
Half of EV imports in Korea run on Chinese batteries as EV fires rise
Of 58 electric vehicle models running on the streets of South Korea, 22 models are equipped with Chinese batteries, a survey showed on Friday.Accord...
Central Asia emerging as South Korea’s new used car export market
South Korea’s export volume of secondhand vehicles to Central Asia is increasing for an unexpected reason: Russia.According to the Korea Inter...
Mercedes-Benz ranked first in KSQI imported car dealership
Mercedes-Benz Korea announced on Wednesday that it has ranked first in the imported car dealership category for the 10th consecutive year in the 202...
Net zero, digitalization to boost private infrastructure investment
Infrastructure debt is a growing asset class with much to offer investors, with a wide range of assets and characteristics available. AllianzGI mana...
Korean soju maker HiteJinro aims high with its first Vietnam plant
HANOI – Thai Binh, a port city about 120 km southeast of the Vietnamese capital, has long been associated, in people’s minds, with the i...
SK Biopharm mulls acquiring firms, drug sales rights in US
SAN DIEGO, California -- South Korea’s SK Biopharmaceuticals Co. is considering acquiring firms in the US, or the sales rights to some of thei...
Korea Inc.’s AI executives double with LG Group leading the pack
The number of executive-level artificial intelligence (AI) specialists at South Korea’s 30 largest conglomerates has more than doubled in the ...
Hanwha Ocean ties up with Polish firm for submarine deal
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has joined hands with Polish state-run defense group Polska Grupa Zbrojeniowa S.A. ...
SK Hynix mulls HBM production in Japan, US
SK Hynix Inc. is investigating the possibility of building a plant for high-bandwidth memory (HBM), vital for generative artificial intelligence, in...
Risk management is more important than ever, GPs say
Risk management and investment firms' operational capabilities have become more important than ever amid economic uncertainties, said speakers at th...
HL Holdings wins exclusive AS parts deal from Stellantis
HL Holdings Corp., the holding company of South Korea’s construction-to-auto parts conglomerate HL Group, will be the exclusive supplier of af...
Genesis unveils GV70 facelift ahead of Korean debut in May
Hyundai Motor Co.'s premium brand Genesis on Friday unveiled the GV70 facelift as the leading South Korean automaker plans to launch the luxury mids...
LG Energy vows to get tough on battery patent infringement cases
LG Energy Solution Ltd., the world’s second-largest battery maker in terms of sales after China’s CATL, said on Wednesday it will take s...
S.Korean game developers to utilize idol group IPs
Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., signed a licensing deal with SM Entertainment Co. to utilize idol ...
70% of Samsung Pay users switch to Wallet
Samsung Electronics Co. announced on Wednesday that 70% of Samsung Pay users have switched to Samsung Wallet, an upgraded version of its electronic ...
Commercial vehicle guru Andersson leads MAN’s Korea, Australia businesses
Commercial vehicle veteran Peter Andersson is now managing MAN Truck & Bus SE’s businesses in South Korea and a cluster of Asia-Pacific co...
SK Hynix, TEMC develop industry’s first neon gas recycling technology
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., and its South Korean partner TEMC Co., have jointly ...
Hyundai Motor’s IONIQ 5 robotaxi passes US driver’s license test
Soon, it will no longer be the stuff of sci-fi movies for a robocop to stop a self-driving car for speeding and for the human-less autonomous vehicl...
Licensed casual apparel brands' luster fades in Korea
The fad for licensed casual fashion brands appears to be cooling in South Korea, where American sports clubs, broadcasting networks and documentary ...
Korea faces apple crisis amid climate, demographic change
Apples, normally among the most common and available fruit, are poised to be a rarity in South Korea, where people are suffering a so-called “...
BMW EV sales roar in Korea on strong lineup of new models
BMW, already one of the top two best-selling imported car sellers in South Korea, has beaten the world’s No. 1 EV seller Tesla Inc. in the cou...
Kumho Tire forges tech licensing agreement with Saudi's Blatco
Kumho Tire Co. announced on Monday that it signed a technology export contract with Saudi Arabia's Black Arrow Tire Co. (Blatco).Under the deal, Kum...
POSCO Future M to import natural graphite from Africa
South Korea’s only anode materials producer POSCO Future M Co. will import a maximum 60,000 tons of natural graphite products from Balama Grap...
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...
