SK Bioscience start to deliver Novavax COVID-19 vaccine

SK Bioscience start to deliver Novavax COVID-19 vaccine

South Korea's SK Bioscience Co. announced on Tuesday that it started to deliver the Novavax COVID-19 vaccine against XBB.1.5 variant.According to No...

Korea Zinc to up sales to $19 billion by 2033 with green energy

Korea Zinc to up sales to $19 billion by 2033 with green energy

Korea Zinc Inc., South Korea’s and the world’s largest lead and zinc smelter, will accelerate its drive to foster its new growth engines...

LG Energy, KAIST develop Li-Metal battery tech for improved EV range

LG Energy, KAIST develop Li-Metal battery tech for improved EV range

South Korea’s LG Energy Solution Ltd. and the Korea Advanced Institute of Science & Technology (KAIST) have developed a lithium-metal batt...

NCSOFT to unveil 7 new titles in global lineup at G-STAR 2023 game show

NCSOFT to unveil 7 new titles in global lineup at G-STAR 2023 game show

NCSOFT Corp., a major South Korean game developer and publisher, said on Tuesday it will showcase seven new titles in its upcoming global lineup at ...

Hyundai Glovis pledges carbon neutrality by 2045

Hyundai Glovis pledges carbon neutrality by 2045

South Korean shipping and logistics company Hyundai Glovis Co. on Thursday pledged to achieve carbon neutrality by 2045.  Despite producing a h...

Korean banks go digital in Southeast Asia for non-interest gains

Korean banks go digital in Southeast Asia for non-interest gains

South Korea’s top four banks are strengthening their overseas operations, particularly in the digital banking business, to increase their non-...

Young Poong, AJ Networks to form battery recycling chain in Europe

Young Poong, AJ Networks to form battery recycling chain in Europe

South Korea’s non-ferrous metal company Young Poong Co. has teamed up with AJ Networks to establish a secondary batteries resource circulation...

LG Group manages ESG information like financial data

LG Group manages ESG information like financial data

LG Group has decided to manage environmental, social, and governance (ESG) management activities as if they were financial data. The aim is to provi...

JW Pharma to participate in S.Korea’s new drug project

JW Pharma to participate in S.Korea’s new drug project

South Korea's JW Pharmaceutical announced on Monday that its experimental hair loss drug, JW0061, has been selected for a two-year funding program b...

Samsung releases Frame Disney 100th anniversary edition

Samsung releases Frame Disney 100th anniversary edition

Samsung Electronics Co. announced on Thursday that it will unveil the lifestyle TV "The Frame Disney 100th Anniversary Edition." This edition, comme...

Citibank Korea’s H1 net profit more than doubles on-year

Citibank Korea’s H1 net profit more than doubles on-year

Global banking giants’ South Korean units saw their first-half earnings led by non-interest income and business expenditures. Citibank Korea&r...

S.Korea is far more reliant on China for rare earth metal than Japan: report

S.Korea is far more reliant on China for rare earth metal than Japan: report

South Korea is far more dependent than Japan on neodymium permanent magnets from China at 88%, while the rate for Japan, a land devoid of rare earth...

SK Telecom’s transition into AI company gains traction

SK Telecom’s transition into AI company gains traction

SK Telecom Co., South Korea’s leading telecom firm, reported solid earnings across the board in the second quarter, especially with steady gro...

LG Energy, Huayou Cobalt set up battery recycling JV in China

LG Energy, Huayou Cobalt set up battery recycling JV in China

LG Energy Solution Ltd., the world’s No. 2 battery maker, and Zhejiang Huayou Cobalt Co., the global refined cobalt leader, have launched a ce...

Korea’s STX to build joint Indonesia nickel plant for EV cells

Korea’s STX to build joint Indonesia nickel plant for EV cells

South Korea’s trading company STX Corp. is set to build a nickel plant with an Indonesian company in the Southeast Asian country to expand its...

American patent trolls target S.Korean companies

American patent trolls target S.Korean companies

Over 80% of American companies that sued South Korean companies for patent infringement last year were non-practicing entities (NPE), or “pate...

POSCO gears up for big stride as green materials firm with Hyper NO

POSCO gears up for big stride as green materials firm with Hyper NO

South Korea’s steel pioneer POSCO under POSCO Holdings Inc. is preparing to take another big stride as an eco-friendly materials provider with...

S.Korea's Wrtn integrates Google's latest LLM PaLM 2

S.Korea's Wrtn integrates Google's latest LLM PaLM 2

South Korean generative AI startup Wrtn Technologies announced on Tuesday that it has integrated Google's latest PaLM 2 non-English language model i...

Korea-China battery minerals tie-up mutually beneficial: CNGR chief

 Korea-China battery minerals tie-up mutually beneficial: CNGR chief

China and South Korea stand to mutually benefit by strengthening their partnership in the battery materials business amid tougher US regulations on ...

POSCO Group, SKC to jointly develop lithium metal cathode material

POSCO Group, SKC to jointly develop lithium metal cathode material

South Korea’s POSCO Group and SKC will jointly develop a dream lithium metal cathode material for commercialization by 2026 under a strategy t...

S.Korea's BSI dips below 100 for 15th consecutive month

S.Korea's BSI dips below 100 for 15th consecutive month

The economic outlook of South Korean manufacturing and non-manufacturing sectors is negative for June, the 15th consecutive month of such pessimis...

Korea's loan delinquency rates soar; outlook to worsen in H2

Korea's loan delinquency rates soar; outlook to worsen in H2

South Korean banks are seeing loan delinquency rates surge due to the increase in lending during the pandemic and a series of rate hikes. The rates ...

LG Energy Solution secures lithium concentrate in N.America

LG Energy Solution secures lithium concentrate in N.America

South Korea's battery maker LG Energy Solution Ltd. announced on Friday that it has signed a lithium concentrate supply contract with Australian c...

Kyobo Life in final talks to buy Kakao Pay Insurance

Kyobo Life in final talks to buy Kakao Pay Insurance

South Korea’s third-largest life insurer Kyobo Life Insurance Co. is in the final stages of talks to buy Kakao Pay Insurance Corp., an online ...

Samsung competes with Apple on rising non-terrestrial network market

Samsung competes with Apple on rising non-terrestrial network market

The global market for non-terrestrial networks (NTN), or communications systems that use satellites to text and make phone calls even in places wher...

POSCO conducts pilot release of rare metal ferrochrome

POSCO conducts pilot release of rare metal ferrochrome

South Korea's steelmaker POSCO and the government-run Korea Mine Rehabilitation and Mineral Resources Corp. (KOMIR) on Friday announced the first pi...

JW Pharma to use zebrafish in new drug development

JW Pharma to use zebrafish in new drug development

South Korean drug developer JW Pharmaceutical has entered into a memorandum of understanding (MOU) with Zefit, a domestic non-clinical trial institu...

Korean PE firm STIC taps Bain & Co senior partner for PE business

Korean PE firm STIC taps Bain & Co senior partner for PE business

South Korean private equity firm STIC Investments Inc. is set to hire Lee Hyukjin, a senior partner of global management consulting firm Bain & ...

WRC-approved longest-distance golf ball ATTOMAX on sale in Korea

WRC-approved longest-distance golf ball ATTOMAX on sale in Korea

ATTOMAX golf balls approved by the World Record Committee (WRC) as the longest-flying golf balls in the world finally hit the South Korean market on...

Clearstream acquires QFI status from S.Korea's National Tax Service

Clearstream acquires QFI status from S.Korea's National Tax Service

Korea Securities Depository announced on Wednesday that Clearstream, the operator of the International Central Securities Depository (ICSD), had obt...

F&F’s bid for TaylorMade complicates Centroid's exit plan S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales