POSCO new chief vows to keep fostering battery materials business

POSCO Holdings Inc.'s new Chairman Chang In-hwa on Thursday pledged to keep fostering its electric vehicle battery materials business, the group&rsq...

Hyundai Motor unveils Genesis G90 Black

Hyundai Motor Co. announced on Thursday that its premium brand Genesis launched the Genesis G90 Black, the highest trim of its premium brand of Gene...

CJ OliveNetworks, Addverb to team up for smart logistics

South Korea's digital service company CJ OliveNetworks announced on Wednesday that it partnered with global robotics and logistics automation equipm...

LG injects $97 mn into Vista Equity’s fund for new tech investments

LG Group, South Korea’s fourth-largest conglomerate, injected $97 million into a fund run by Vista Equity Partners Management LLC for investme...

Samsung invests in BrickBio in US

Samsung Group announced on Tuesday that its Life Science Fund has invested in the US-based antibody-drug conjugates (ADC) and gene therapy technol...

Celltrion'a autoimmune disease drug Zymfentra makes US debut

South Korean biopharmaceutical giant Celltrion Inc. said on March 17 that it has launched its new autoimmune disease treatment Zymfentra in the US m...

Korea business lobby group eyes tax reform in new parliament

The Korea Enterprises Federation will reinforce efforts to win lawmakers’ nod to its long-desired campaign to slash corporate taxes and inheri...

EverCharge to install EV chargers at Oracle Park

South Korea’s SK E&S Co. announced on Sunday that its US-based electric vehicle (EV) charging subsidiary EverCharge Inc. will install hund...

Samsung Elec triples new TV preorders powered by AI

Samsung Electronics Co., the world’s top TV manufacturer, said on Sunday it is enjoying strong demand for new TVs, especially premium ultra-la...

Shinhan Bank, Indodana co-work on digital finance

Shinhan Bank announced on Friday that its Indonesian subsidiary Shinhan Bank Indonesia signed a strategic business agreement with PT Artha Dana Tekn...

T'way Air launches new route to Beijing Daxing

T'way Air Co. announced on Friday that it will operate a new route between Incheon Airport and Beijing Daxing Airport from Mar. 25 to 30. T'way...

Private education spending in S.Korea hits new record high

South Koreans’ spending on private education hit a new record high of 27.1 trillion won ($20 billion) in 2023, as the government’s annou...

Hyundai to bring Casper EV to Japan, premium Genesis cars to India

Hyundai Motor Co. will bring its electric Casper crossover city car to Japan next year as part of a bid to reinvigorate its performance in the neigh...

Hyundai Motor unveils design of commercial EV platform

Hyundai Motor Co. unveiled the design of its first commercial electric vehicle (EV) platform ST1 on Thursday. ST1 is a commercial platform based on ...

Kolon Plastics to be rebranded as Kolon ENP

Kolon Plastics Inc. announced on Thursday that it will change its name to Kolon ENP. The rebranding will be confirmed if approved at the regular sha...

Lunit gets court approval for Volpara acquisition in New Zealand

South Korean medical AI company Lunit announced on Thursday that it received the first approval from the High Court of New Zealand for its plan to a...

DGB Financial launches overseas asset management

South Korea's DGB Financial Group announced on Thursday that it opened its first overseas subsidiary Hi Asset Management Asia (HiAMA) in Singapore.H...

South Korea, odd one out in new global gold rush

South Korea has remained muted to a new gold rush fueled by various central banks across the world gobbling up the precious metal, raising concerns ...

Yanolja, Interpark Triple, Modetour to team up for package travel

South Korea’s top travel and accommodation platform Yanolja Co., its subsidiary Interpark Triple, and Modetour Network Inc. announced on Tuesd...

LG’s new AI-controlled soundbar to hit US market in March

LG Electronics Inc. will roll out its new flagship soundbar system — powered by AI and 15-channel sound — in North America later this mo...

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...

Korea, new darling of Maybach, Bentley, Rolls-Royce

Foreign exquisite, high-end car brands are eager to offer new and exclusive experiences to their customers in South Korea, the fastest-growing luxur...

S.Korea’s travel deficit widens to 1-year high in January

South Korea’s travel account deficit reached its highest level in one year in January as a greater number of Koreans spent their winter break ...

Samsung Asset wins iF Design Award

South Korea's Samsung Asset Management announced on Friday that its exchange-traded fund (ETF) brand KODEX has won the top prize in the communicatio...

Hyundai Motor launches trade-in program to revive EV sales

Hyundai Motor Co., South Korea’s top automaker, said on Thursday it introduced a trade-in program in the country for electric vehicles to boos...

ZKW wins DVN Lighting Star Award

ZKW, an Austria-based lighting systems subsidiary of LG Electronics Inc., recently was presented with the Lighting Star Award for Best front lightin...

Taihan Cable to supply UHV network to Balfour Beatty

South Korea's Taihan Cable & Solution Co. announced on Thursday that it will supply an an ultra-high voltage (UHV) power network worth $38 mil...

JPMorgan Chase’s growth driver: offline community branches

NEW YORK -- Global banking giant JPMorgan Chase & Co. has been expanding brick-and-mortar branches across the US with investments of billions of...

Korea reclaims top spot in global shipbuilding orders in February

South Korean shipbuilders reclaimed the global No. 1 position in new orders last month for the first time since October 2023, according to data by U...

LG Elec showcases EV chargers optimized for various spaces

LG Electronics Inc. on Wednesday unveiled its electric vehicle charging solutions optimized for homes, commercial spaces and charging stations at 20...