new markets

South Korea’s third-largest mobile carrier LG Uplus Corp. is slated to acquire homegrown over-the-top (OTT) platform Watcha Inc., investment b...

South Korea’s Hyundai Motor Group sold more than 100,000 units of electric vehicles (EVs) that adopted Hyundai Motor’s E-GMP, or Electri...

South Korea's fashion retail giant Shinsegae International on Monday said it has acquired the domestic rights to sell the Italian haircare brand Dav...

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, has carried out its year-end executive reshuffle, marked by its...

Korea's largest auto parts supplier Hyundai Mobis will take part in CES 2023, the world's largest info tech exhibition, to showcase cutting-edge t...

South Korean private equity firm Hahn & Co. has completed a 1.6 trillion won ($1.2 billion) deal to wholly acquire the industrial film business ...

Korea's leading food processing company CJ CheilJedang said on Monday that it has launched Bibigo sliced kimchi for export in Europe, which can be s...

Rising gloom over the business environment due to a financial market crunch and weak Korean won has led to nearly half of Korea's firms having no pl...

LG Chem Ltd., South Korea’s largest chemicals maker, has unveiled a new eco-friendly high-performance bioplastic and supplied it to Mattel Inc...

Korea's two diagnostics companies, NGeneBio Co. and LabGenomics Co., signed a memorandum of understanding (MOU) on Thursday to cooperate in the fiel...

BB.Q Chicken, the country’s leading franchise, said on Friday it opened its second restaurant in Manhattan on Dec.1. This restaurant is BB.Q...

A smartphone cover glass that does not break even when dropped from a height of 1 meter onto a concrete floor has been newly developed. Corning Inc....

South Korean startup Yeolmae and Company, which operates ArtnGuide, has recently emerged as a significant player in the art market.ArtnGuide is an o...

Daesang Welllife on Thursday said it has concluded a memorandum of understanding (MOU) with China Sinopharm International, an affiliate of China's l...

SK On, the electric battery affiliate of Korea's petroleum, alternative energy and oil exploration corporation SK Innovation, has secured 1.3 trilli...

As whisky became more popular in Korea, the amount of whisky imported for 10 months until October this year increased about 62% compared to the same...

As the contract chip manufacturing, or foundry, business is quickly emerging as the next battlefield for the world’s major chipmakers, The Korea...

Samsung Electronics Co., the world’s top memory chipmaker, unveiled a next-generation graphics DRAM to meet growing demand for high-performanc...

National Pension Service (NPS) of South Korea said Tuesday it saw a cumulative loss of 7.1% on investment, or 68 trillion won ($51.3 billion), betwe...

The first South Korea-overseas joint law firm is set to start operations in Seoul.The joint firm of Korean law firm Hwahyun and UK’s Ashurst h...

SK Telecom Co. on Tuesday said it signed a memorandum of understanding (MOU) with Singapore's top telecom provider Singtel Group on joint business o...

The UK's top watchdog for market competition on Monday accepted corrective measures submitted by Korean Air Lines Co. on its proposed takeover of As...

Equity and bond portfolios' shrinking assets are major challenges currently faced by global investors in terms of asset allocation. But the situatio...

South Korea will reform financial market regulations to attract more foreign investments and to achieve MSCI Inc.’s developed market status fo...

SK Innovation Co. on Sunday announced its adoption this year of an "internal carbon pricing system" recently approved by its board of directors. Th...

South Korea's cable TV provider LG HelloVision and security company S-1 Corp.  announced they will jointly develop a home-based platform using ...

The draft of the Korean government's 10th Basic Plan for Electricity Supply and Demand contains a clause on reducing coal generation's share of nati...

The Carlyle Group Inc. announced on Tuesday 32 new partners and 39 new managing directors, effective Jan. 1 of 2023, including two Koreans, Sean (So...

South Korea’s central bank raised the base interest rate by 25 basis points to 3.25% during its monetary policy board meeting on Nov. 24, slow...

South Korea plans to revise its stock dividend policy as part of a broader financial market reform to help attract foreign investors and obtain MSCI...