South Korea's whisky imports surge 50% to record high

South Korea's whisky imports surge 50% to record high

South Korea's whisky imports surged by 50% in the first half of 2023, reaching an unprecedented peak, according to trade data the Korea Customs Serv...

S.Korea files to revoke PCA ruling in favor of Elliott

S.Korea files to revoke PCA ruling in favor of Elliott

South Korea has decided to challenge an international arbitration tribunal’s decision a month ago ordering the Korean government to compensate...

Samsung to make Tesla’s fifth-generation HW 5.0 auto chip

Samsung to make Tesla’s fifth-generation HW 5.0 auto chip

Samsung Electronics Co., the world’s largest memory chipmaker, will make Tesla Inc.’s next-generation Full Self-Driving (FSD) chips to b...

Prestige Biopharma participates in US gov’t Cancer Moonshot

Prestige Biopharma participates in US gov’t Cancer Moonshot

Prestige Biopharma, a Singapore-based biopharmaceutical company with operations in South Korea and the US, announced on Tuesday that it will partici...

Mirae Asset’s global ETFs exceed $100 bn in net asset value

Mirae Asset’s global ETFs exceed $100 bn in net asset value

Mirae Asset Global Investments Co., South Korea’s leading asset manager, said on Tuesday its exchange-traded funds (ETFs) worldwide have surpa...

E1 to invest $75 mn in Canadian blue ammonia project

E1 to invest $75 mn in Canadian blue ammonia project

South Korea’s major liquefied petroleum gas (LPG) distributor E1 Corp. said on Tuesday its plans of investing 10 million Canadian dollars (US ...

K-Pop music album exports hit record high in H1 2023

K-Pop music album exports hit record high in H1 2023

South Korea's K-pop music album exports achieved a new all-time record in the first half of this year, with shipments to the US rising to second p...

Hyundai Santa Fe’s full makeover yields boxier look

Hyundai Santa Fe’s full makeover yields boxier look

Hyundai Motor Co. on Tuesday premiered a new look for its steady-selling SUV Santa Fe. The complete transformation — its first in five years &...

Samsung Heavy in $3.1 bn methanol-powered ship deal with Evergreen

Samsung Heavy in $3.1 bn methanol-powered ship deal with Evergreen

Samsung Heavy Industries Co., a leading South Korean shipbuilder, has won a 3.96 trillion won ($3.13 billion) deal to build 16 methanol-powered cont...

SK’s Tmap enhances ESG efforts by navigating lowest-carbon routes

SK’s Tmap enhances ESG efforts by navigating lowest-carbon routes

South Korea’s leading mobility platform Tmap Mobility Co. has stepped up its environmental, social and governance (ESG) efforts via its naviga...

S.Korea’s car exports hit H1 record high on brisk EV sales

S.Korea’s car exports hit H1 record high on brisk EV sales

South Korea’s automobile export value in the first six months of this year hit the highest-ever $35.7 billion for a half-year period, mainly d...

Samsung Elec to enhance ties with LG at expense of BOE

Samsung Elec to enhance ties with LG at expense of BOE

Samsung Electronics Co., the world’s largest TV maker, is set to reduce the procurement of panels from BOE Technology Group Co., the global li...

S.Korea-Japan flights outpace Gimpo-Jeju in H1 2023

S.Korea-Japan flights outpace Gimpo-Jeju in H1 2023

As Japan eased its border restrictions at the end of last year, the number of passengers on routes between South Korea and Japan in the first half o...

KKR Co-CEO Joe Bae meets NPS, KIC execs in S.Korea

KKR Co-CEO Joe Bae meets NPS, KIC execs in S.Korea

KKR Co. Co-Chief Executive Joseph Bae made a visit to South Korea last week to meet with senior managers of the country’s top limited partners...

Hyundai E&C joins project for Ukraine's post-war reconstruction

Hyundai E&C joins project for Ukraine's post-war reconstruction

South Korea’s Hyundai Engineering & Construction (E&C) has joined a post-war reconstruction project in Ukraine to expand the nation&rs...

KT to cooperate with Mongolian gov't on DX techs

KT to cooperate with Mongolian gov't on DX techs

South Korea's telecom service provider KT Corp. disclosed on Monday its plans to collaborate with the Mongolian government to usher in a digital tra...

Doosan Enerbility, Johnson Matthey to develop ammonia cracking tech

Doosan Enerbility, Johnson Matthey to develop ammonia cracking tech

South Korea’s power plant builder Doosan Enerbility Co. announced on Monday that it signed an R&D agreement with the UK-based chemical com...

Hyundai’s commitment to N brand pays off with over 100,000 car sales

Hyundai’s commitment to N brand pays off with over 100,000 car sales

Hyundai Motor Co.'s commitment to high-performance vehicles has paid off with sales of such vehicles exceeding 100,000 units six years after the lau...

Tottenham forward Son’s new role: Samsung Galaxy brand ambassador

Tottenham forward Son’s new role: Samsung Galaxy brand ambassador

Tottenham Hotspur forward Son Heung-min has a new job in his home country, South Korea: brand ambassador for Samsung Electronics Co.'s Galaxy smartp...

BOK chief says aging without assets key challenge to S.Koreans

BOK chief says aging without assets key challenge to S.Koreans

JEJU -- South Korea’s central bank chief on Friday warned of the growing risk of aging without assets in Asia’s fourth-largest economy a...

Nexon’s Dave the Diver rises to global top game in 2 weeks after launch

Nexon’s Dave the Diver rises to global top game in 2 weeks after launch

Nexon Co. is poised to change the South Korean game scene with its new adventure PC role-playing game that has grabbed gamers around the world immed...

Hyundai Motor’s UK sales highest in 5 years, driven by IONIQ 5

Hyundai Motor’s UK sales highest in 5 years, driven by IONIQ 5

Just a few years back, vehicles built by Hyundai Motor Co. were dismissed as second-class cars of poor quality in Europe, with one car magazine deri...

Kia vows to take 10% of Indian market after 1 million car output

Kia vows to take 10% of Indian market after 1 million car output

In celebration of producing 1 million cars from its Indian plant, Kia Corp. has vowed to command 10% of the Indian car market with more diverse mode...

Lotte Department Store opens Louis Vuitton’s Take Over pop-up store

Lotte Department Store opens Louis Vuitton’s Take Over pop-up store

South Korea's Lotte Department Store announced on Friday that it operates a Louis Vuitton pop-up store in The Crown, located on the basement first...

Korea Zinc ties up with SK, Hanwha for Aussie green ammonia

Korea Zinc ties up with SK, Hanwha for Aussie green ammonia

Korea Zinc Inc., the world’s largest lead and zinc smelter, has joined hands with SK Gas Ltd. and Hanwha Impact Corp. for the green ammonia bu...

Tinder owner Match Group taps Sam Ahn as Asia's chief innovation officer

Tinder owner Match Group taps Sam Ahn as Asia's chief innovation officer

Match Group Inc., operating online dating and chat platforms like Tinder, Hinge and OkCupid in some 40 languages, has appointed its subsidiary Hyper...

Michael Jordan's Steakhouse to open in S.Korea

Michael Jordan's Steakhouse to open in S.Korea

Mohegan Inspire entertainment resort, which plans to be built near Incheon International Airport, will feature a restaurant and bar named after "His...

Hyundai E&C to commercialize CCS for the first time in S.Korea

Hyundai E&C to commercialize CCS for the first time in S.Korea

South Korea's Hyundai Engineering & Construction announced that it has won the contract for the preliminary front-end engineering and design (Pr...

Lotte Duty Free opens store at Australia's Melbourne Airport

Lotte Duty Free opens store at Australia's Melbourne Airport

South Korea's Lotte Duty Free announced on Thursday that it is opening a new store at Melbourne Airport in Australia and entering full-scale opera...

Everon attracts $39 mn thanks to hot VC demand for EV charging

Everon attracts $39 mn thanks to hot VC demand for EV charging

Everon, one of South Korea’s top three electric vehicle charging infrastructure and management service providers, raised 50 billion won ($39 m...

Korea’s game studios rebrand as AI tech firms move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation South Korean airlines bank on China routes for profit recovery