Bredis Healthcare, Tilda win June D.Day, Korea’s oldest startup pitch race

An early-stage startup by young entrepreneurs who developed a digital diagnostic tool for brain disease and an AI-powered business optimization prog...

Kia recruits exterior designer John Buckingham from BMW

Kia Corp. announced on Monday the recruitment of John Buckingham, a distinguished designer with an impressive portfolio that includes BMW, Bentley, ...

POSCO-GM JV to double cathode output, build precursor plant

South Korean battery materials producer POSCO Future M Co. said on Friday it will inject 1 trillion won ($765 million) into its joint venture with G...

GC Biopharma wins contract to build blood products plant in Indonesia

GC Biopharma Corp., a South Korean pharmaceutical company, announced on Thursday that it has received approval from the Indonesian Ministry of Healt...

LG Energy to expand smart factory systems to N.America JVs

South Korea’s LG Energy Solution Ltd. will introduce smart manufacturing systems to all its joint venture battery plants under construction in...

HD KSOE secures $938 mn contract for 5 LNG-powered container ships

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipbuilding holding company of HD Hyundai Co., said on Thursday that i...

S.Korea's Mirae Asset, Hana Financial Group form security token tie-up

South Korea's Mirae Asset Securities on Thursday said it signed an agreement with Hana Financial Group on the security token consortium Next Finance...

HD Hyundai Oilbank to build eco-friendly power plants

South Korea's HD Hyundai Oilbank is pursuing the construction of eco-friendly power plants powered by liquefied natural gas and blue hydrogen.The co...

KAI joins project to develop hydrogen-powered aircraft

South Korea's aerospace and defense company Korea Aerospace Industries Ltd. (KAI) on Wednesday said it joined a project of industry, academic and re...

LG Chem breaks ground on 4th cathode material plant in S.Korea

LG Chem Ltd., the top chemicals company in South Korea, said on Wednesday it broke ground on the country’s largest plant to produce carbon nan...

Foreign demand for chip stocks powers Kospi to 1-year high

South Korea’s main bourse Kospi on Tuesday hit its highest closing since June last year, boosted by foreigners’ net buying in semiconduc...

POSCO readies for leap to carbon-neutral steel

South Korea’s POSCO Group is preparing to produce carbon-neutral steel, using hydrogen instead of fossil fuels such as coal and natural gas, w...

POSCO Int'l secures graphite supply from Tanzania

South Korea's POSCO International has signed a deal on the supply of natural graphite to strengthen its battery raw materials unit.The company on ...

Korea’s first integrated car plant being transformed into Kia’s EV base

GWANGMYEONG, Gyeonggi Province -- Kia Corp.'s oldest integrated auto plant — which is also South Korea’s first of its kind — was c...

POSCO to develop internal-use AI tool to replace ChatGPT

Steel giant POSCO Group has embarked on the development of an AI chatbot for internal use amid growing concerns about data leaks through generative ...

Asiana Airlines suspends selling seats next to emergency exit doors

South Korea’s Asiana Airlines Inc., which had an incident of landing with the emergency exit door open, will not sell seats next to the emerge...

LG Electronics blocks access to generative AI in company

LG Electronics Inc. has decided to block access to generative AI services through its intranet. Industry sources said on Friday, LG Electroni...

LG Energy's Ochang plant, Korea's EV cell mother factory

OCHANG, North Chungcheong Province -- LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, on Thursday for the ...

POSCO completes giga steel plant in China

South Korea’s largest steelmaker POSCO announced on Thursday that it has completed a specialized integrated processing facility for giga ste...

Hanon to build $40 mn heat pump systems plant in US state of Georgia

Hanon Systems Corp., a South Korean thermal management systems provider for automakers, is set to inject $40 million to establish a plant in the US ...

KT Cloud to adopt liquid immersion cooling system for data centers

South Korea’s KT Cloud on Tuesday said it signed a deal with Immersion 4, a Swiss provider of liquid cooling solutions, to install next-gene...

Find opportunities amid macro uncertainty in 2023: M&G

Markets today are in the midst of a shift as interest rate hikes are nearing their end and economic growth is challenged. Other changes in demogra...

Korea’s L&F to build $609 mn EV battery precursor plant

L&F Co., a major South Korean electric vehicle battery material maker, is set to spend up to 800 billion won ($608.8 million) on a factory in ...

BTS 10th anniversary stamps sell out online in 3 hours

The online pre-sale of K-pop band BTS' 10th anniversary stamp sold out early.According to the Korea Post on Wednesday, the online pre-sale of BTS' 1...

Funds from West to emerging Asia power S.Korean stocks

Foreigners reported a record purchase of South Korean shares despite a global economic slowdown, as money moved from the US and Europe into emerging...

CJ CheilJedang builds world's biggest frozen pizza plant in US

South Korean food giant CJ CheilJedang Corp. built the world's largest frozen pizza plant in the US to overtake Nestle on the related American marke...

Korea's SK E&S plans $14 bn joint investment in hydrogen biz

South Korea’s SK E&S Co. is poised to spend 18.5 trillion won ($13.9 billion) with partners by 2025 to set up a hydrogen industry value ch...

Hansae to build eco-friendly clothing plant in Vietnam

South Korean textile and clothing maker Hansae on Friday announced plans to build a plant in Vietnam to expand production of eco-friendly clothing u...

Nexen Tire invests $1.3 bn to build US factory

South Korea's Nexen Tire Corp. plans to invest $1.3 billion (1.73 trillion won) to build its first-ever factory in the United States. Starting fro...

LG Chem secures exclusive deal for Israeli desalination project

South Korea's LG Chem Ltd. revealed on Thursday that it has been awarded the exclusive contract as the sole supplier of reverse osmosis (RO) membran...