S.Korea’s contents export size surpasses home appliances, textiles

South Korea's contents export size recorded $13.3 billion last year, surpassing the export values of home appliances ($8 billion) and textile produc...

LG Group seeks new partners in Silicon Valley’s startup scene

South Korea’s LG Group seeks new partnerships with global ventures to strengthen its new growth engines, such as batteries, biopharmaceuticals...

Seoul to build world's largest startup campus by 2030

The Seoul Metropolitan Government will establish the world’s largest startup campus in the capital city of South Korea by 2030, benchmarking S...

Samsung Electronics holds biannual global strategy meeting

Samsung Electronics Co. on Tuesday launched its three-day global strategy meeting, a biannual event held in June and December where major executives...

Lotte considering opening In-N-Out Burger stores in S.Korea

One of US' leading burger brands, In-N-Out, is considering entering the South Korean market. After recently opening a pop-up store in Seoul, the bur...

Yen breaches key level vs Korean won to hit 8-year low

The Japanese yen on Monday extended losses against the South Korean won to touch an eight-year low, briefly breaching a psychological support line a...

KOTRA holds IR meeting in Tokyo for Japanese companies

Invest Korea, KOTRA's organization dedicated to attracting foreign investment, held an IR for Japanese companies interested in entering South Korea ...

KBIZ holds SME export consultation meeting in Dubai

A large-scale business event was held in Dubai to support the expansion of Korean small- and medium-sized enterprises (SMEs) into the Middle East.Th...

Crutches can't slow SK Chair Chey’s zeal for 2030 Expo in Busan

The largest business chambers of South Korea and Japan have agreed to cooperate on Korea’s bid to host World Expo 2030 in Busan and to deepen ...

Shinhan Financial chief in Europe to meet with BNP Paribas, investors

Jin Ok-dong, chairman of Shinhan Financial Group Co., is off to Europe for investor relations sessions with its shareholders, including BNP Paribas ...

Challenges, opportunities for Asia’s energy transition: GIG

Global investors injected more than $1 trillion into energy transition for the first time last year. South Korea poured in some $19 billion, becomin...

S.Korea, Japan to resume finance ministers' meeting

South Korea's Ministry of Strategy and Finance announced on Friday that Kim Seong-wook, the ministry's Director of the Office of International Finan...

Korea's sovereign wealth fund directly exercises voting rights for first time

Korea Investment Corporation (KIC), the South Korean sovereign wealth fund, has begun actively exercising its voting rights in invested companies.Ac...

MBK co-founder meets with Korean CIOs to finance 6th buyout fund

Asia’s private equity giant MBK Partners Ltd. is set to accelerate fundraising for its new fund, which is expected to become the firm’s ...

POSCO, JSW discuss eco-friendly reduction steel production

Chairman of POSCO Group Choi Jeong-woo met with Sajjan Jindal, Chairman of JSW Steel, India's largest steel conglomerate, to discuss collaboration...

JPMorgan Chase's Jamie Dimon to visit S.Korea on June 5

JPMorgan Chase & Co. Chairman and CEO Jamie Dimon is set to visit Seoul on June 5 and discuss South Korea’s overseas investments with exec...

LG leader Koo seeks new growth drivers at group strategy meetings

Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, is seeking new growth drivers by hosting strategy meetings groupwide.L...

Sartorius to build $600 mn Korea facilities, open to more investment

Sartorius AG, a global pharmaceutical and laboratory equipment supplier, plans to spend $600 million on its first facilities in South Korea, about s...

S.Korea, Canada to bolster key minerals supply partnership

South Korea and Canada will make close cooperation to strengthen their supply chains of critical minerals such as uranium and nickel, key materials ...

Meritz emerges fast to take on South Korea’s big financial companies

Back in the early 2000s, Meritz was an obscure, lesser-known insurance-related company in South Korea’s financial arena.Part of Hanjin Group, ...

Hyundai Motor to pay quarterly dividends with record Q1 profit

Hyundai Motor Co. on Tuesday reported its largest-ever quarterly profit, which soared a whopping 86.3% from a year earlier, while unveiling a plan t...

S.Korea, Chile to enhance cooperation for green hydrogen

South Korea is exploring ways to cooperate with Chile in the transition toward a hydrogen economy and clean hydrogen production, as Chile has abunda...

Samsung’s Lee likely to meet Apple, Google, MS CEOs during US trip

 Samsung Group leader Lee Jae-yong will meet with chief executives of leading US companies, including Apple Inc.’s Tim Cook and Google LL...

POSCO Group chairman presides over World Steel Association meeting

Choi Jeong-woo, Chairman of POSCO Group and the World Steel Association, attended the association's first half-regular meeting held in Vienna, Austr...

S.Korea’s KOTRA to aid domestic pharmaceutical firms in Japan entry

The government-run (South) Korea Trade-Investment Promotion Agency (KOTRA) announced on Tuesday that it will hold an export consultation meeting for...

Chairman of Polish defense company PGZ visits S.Korea

Sebastian Chwalek, the chairman of Poland's state-owned defense industry company PGZ, is reportedly meeting with domestic Korean companies regarding...

Hyundai, Kia to provide official ceremonial vehicles for ADB Annual Meeting

Hyundai Motor Co. and Kia Corp. announced on Friday that they will support the official ceremonial vehicles for the Asian Development Bank (ADB) Ann...

S.Korean state-run railroad companies meet Czech Minister of Transport

South Korea's state-run railway companies Korea Railroad (KORAIL) and Korea National Railway (KR) announced on Thursday that they had met with repre...

KCCI, JCCI hold a working level meeting in six years

Business representatives from South Korea and Japan gathered for the first time in six years, with the Korea Chamber of Commerce and Industry (KCC...

BOK to hold rate on Tuesday as inflation, growth ease

South Korea’s central bank was widely expected to leave its policy interest rate unchanged this week as inflation slows amid fears of a recess...