Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge
Global memory chip markets, long weighed down by excess inventories and sagging demand, are showing early signs of a thaw.South Korea’s export...
Time to spend: Korean shoppers loosen purse strings on luxuries, hotels
South Korea’s long-dormant consumer sector is showing signs of revival, as shoppers – once paralyzed by political uncertainty – re...
S.Korea imports Canadian oil for 1st time under Trump's 2nd term
South Korea has imported crude oil from Canada for the first time amid escalating tariff tensions between the US and Canada since Donald Trump's ret...
Samsung Heavy makes breakthrough in FLNG liquefaction technology
Samsung Heavy Industries Co., a major Korean shipbuilder, has made a breakthrough in its liquefaction technology for floating liquefied natural gas ...
Winia cancels acquisition deal with Seoul Private Equity
Winia Co., a South Korean home appliance manufacturer under court-led restructuring, has terminated its conditional acquisition agreement with Seoul...
Naver to name new CFO as incumbent financial manager's term nears end
South Korea’s tech giant Naver Corp. is expected to soon announce a new chief financial officer as its current CFO Kim Nam-sun, credited for t...
Trump says Korea interested in Alaska gas project; Korean firms skeptical
South Korea, Japan and other countries want to partner with the US in a $44 billion natural gas pipeline project in Alaska, President Donald Trump s...
Samsung, LG consider moving electronics plants to US from Mexico
South Korea’s leading electronics companies such as Samsung and LG are considering moving their plants in Mexico to the US to respond to Presi...
Samsung Heavy wins $264 mn order for LNGC
South Korea’s shipbuilder Samsung Heavy Industries said on Monday it won 379.6 billion won ($264 million) for one unit of liquefied natural ...
S.Korea's Yoon survives impeachment; economic fundamentals firm
South Korean President Yoon Suk Yeol survived an impeachment vote against him after an overwhelming majority of governing party lawmakers boycotted ...
Samsung Heavy gets AIP for wing sails of LNGC
South Korea's Samsung Heavy Industries said on Wednesday that it received Approval in Principle (AIP) for a liquefied natural gas (LNG) carrier equi...
Lotte Card launches long-term rental car card in Vietnam
South Korea's Lotte Card Co. launched a long-term car rental exclusive card in Vietnam to expand its presence in the local market.Its Vietnamese s...
POSCO International wins top award at 2024 Korea IR Awards
South Korea's POSCO International Corp. won the top prize at the 2024 Korea IR Awards, organized by the Korea Investor Relations Service (KIRS), the...
Samjong KPMG reappoints CEO Kim Kyo Tae for 4th term
Kim Kyo Tae on Friday was reappointed to a fourth term as chief executive of Samjong KPMG, announced the South Korean unit of the global audit and a...
HYBE shares fall after NewJeans demand Min's reinstatement
HYBE Co. has suffered a fall of its share price for two consecutive days after its popular girl group NewJeans demanded their former creative direct...
Samsung SDI, GM to build $3.5 bn EV battery plant in US
Samsung SDI Co., the world’s No. 6 battery maker, and General Motors Co., the leading US automaker, are set to build a $3.5 billion cell plant...
LG Electronics mulls Indian IPO, to invest in HVAC, webOS content: CEO
LG Electronics Inc., a leading South Korean home appliance maker, is considering an initial public offering of its Indian business to help achieve a...
NPS to veto SK Innovation’s merger with LNG affiliate
South Korea’s National Pension Service (NPS), manager of the world’s third-largest public pension fund, said on Thursday it is set to ve...
Korea tightens rules on Netflix, Spotify subscription billing
South Korea’s antitrust body is slated to tighten the leash on subscription businesses of streaming service providers such as Netflix Inc. and...
Doosan Fuel Cell wins $73 mn hydrogen fuel cell contract
South Korea's Doosan Fuel Cell has secured a 100 billion won ($72.93 million) contract for the maintenance of hydrogen fuel cells, the company said ...
Samsung produces thinnest low-power DRAM for AI mobile devices
Samsung Electronics Co., the world’s top memory chipmaker, has begun mass production of the industry’s thinnest low-power double data ra...
Taihan Cable wins $137 mn long-term contract in US
South Korea's Taihan Cable & Solution Co. announced on Thursday that its US sales subsidiary T.E.USA has secured a long-term contract worth 190 ...
Lotte Tour to operate cruise to Hong Kong
South Korea's Lotte Tour Development Co. announced on Tuesday that it signed a charter agreement with global cruise line Costa Cruises to operate a ...
Lotte Rental to service Vietnam's individual long-term rental
Lotte Rental Co., South Korea's largest car rental firm, announced on Monday that it will enter Vietnam's individual long-term car rental market in ...
Hanwha Group to expand stock compensation to team chiefs
South Korea’s No. 7 conglomerate Hanwha Group will expand its restricted stock units (RSUs) to encourage employee interest in the company&rsqu...
Samsung to invest $52 mn in US biotech VC Flagship Pioneering
Samsung C&T Corp., its bio units Samsung Biologics Co. and Samsung Bioepis Co. and Samsung Venture Investment Corp. have committed a combined 72...
Hyundai Motor Group, Oxford Univ. establish Foresight Center
Hyundai Motor Group announced on Tuesday that it partnered with the University of Oxford and established the Oxford-Hyundai Motor Group Foresight Ce...
Young rich Koreans: Financially literate, self-directing
Young South Korean millionaires want to take more control of their investments and bet on sectors they know, not relying passively on private banker...
Korea's NPS CIO talks with GPIF, GIC execs on asset allocation
South Korea’s National Pension Service (NPS) Chief Investment Officer Seo Won-joo has visited Japan and Singapore on his first overseas busine...
South Korea climbs to 20th on IMD national competitiveness list
South Korea’s national competitiveness ranking climbed eight notches to its highest-ever 20th thanks to a leap in the country’s business...
