Kakao Pay’s tie-up with Alipay spurs growth in China
BEIJING – Kakao Pay Corp., the mobile payment service unit of South Korean tech giant Kakao Corp., is rapidly growing in China’s fintech...
LG Energy raises $1 bn in bonds for EV battery production
LG Energy Solution Ltd., the world’s second-largest battery manufacturer, said on Tuesday it has raised $1 billion by selling its first global...
Naver Pay to be available at all Alipay merchants in China
Naver Pay, the simple payment service of South Korea's Naver Financial, announced on Tuesday that it will start offering Naver Pay Money and Point Q...
SK Chemicals, Lovere to recycle waste plastic in China
South Korea's SK Chemicals Co. announced on Tuesday that it has signed a memorandum of understanding (MOU) with Lovere, a leading recycling business...
NHN Commerce to expand into Chinese market with Xinxuan
NHN Commerce, South Korea's major online company NHN Corp.'s online shopping platform, announced its strategic business agreement with China's leadi...
Hyundai promotes Busan’s bid for 2030 Expo in New York with art cars
Hyundai Motor Group supports Busan’s bid to host the 2030 World Expo with IONIQ 5, IONIQ 6, and Genesis G80 covered with graffiti reading &l...
Battery cell prices plummet amid supply glut in China, weak EV demand
The competition among automakers to cut prices of electric vehicles is expected to intensify with battery cell prices falling at a fast pace due to ...
Hankook Tire to supply tires for BYD's electric truck
Hankook Tire & Technology announced on Thursday that it will supply the Hankook RA08, a tire for a small truck to China's BYD 1-ton electric tru...
KAIST discovers diabetes treatment using light
The Korea Advanced Institute of Science and Technology (KAIST) announced on Wednesday that they have discovered a method to treat diabetes by insert...
AriBio to sell dementia drug AR1001 in China with partner
South Korea's clinical-stage biotech company AriBio Co. on Wednesday said it signed a memorandum of understanding on strategic cooperation with Chin...
SK Enpulse to sell off chip processing units in China
SK Enpulse Co., a South Korean semiconductor part and equipment maker, said on Wednesday it will sell off its chip pre-manufacturing processing unit...
Korea’s heavy dependence on China for raw materials deepens
While the urea crisis in 2021 laid bare South Korea’s heavy dependence on China for basic raw materials, concerns are growing that Korea&rsquo...
Korean firms confident they can outpace China in LFP battery race
South Korea’s leading battery and materials makers on Monday shared their concerns about Chinese rivals’ ascent, but expressed confidenc...
Hyundai promotes Busan’s bid for 2030 World Expo in India with IONIQ 5
Hyundai Motor Co. supported Busan’s bid to host the 2030 World Expo with IONIQ 5 covered with graffiti reading “Busan is Ready” in...
Korea Inc. to focus more on India, Vietnam as biz partners
South Korean companies are set to concentrate more on business with emerging markets including India and Vietnam than Asian major countries such as ...
AriBio applies for Phase 3 clinical trials in China for oral dementia drug
South Korean clinical-stage biotech company AriBio Co. on Thursday said it applied for Phase 3 clinical trials on the anti-Alzheimer's candidate t...
Hanwha vice chair pitches submarines to Polish president
Hanwha Group Vice Chairman Kim Dong-kwan is stepping up efforts to win Poland's high-profile submarine project worth an estimated 3 trillion won ($2...
Korea's National Geographic Apparel steps up push into China
South Korean fashion company The Nature Holdings Co. is set to expand the presence of its outdoor clothing brand National Geographic Apparel in Chin...
China, beneficiary of Korea’s surging EV cell material exports
South Korea’s exports of cathodes for secondary batteries are surging with the booming electric vehicle industry, but the country’s trad...
Jackpot seekers boost Grand Hyatt Jeju's Aug sales to record high
Grand Hyatt Jeju within Jeju Dream Tower Integrated Resort posted its highest-ever revenue of 14.3 billion won ($10.8 million) in August, Lotte Tour...
S.Korea woos Chinese visitors via temporary e-visa fee exemption
South Korea has waived e-visa issuance fees through year's end for Chinese visitors on group tours.This is in response to the travel industry's re...
Hanwha to showcase advanced weapons systems in Poland
South Korea’s Hanwha Group will unveil its advanced land, sea, air and space weapons systems this week at the International Defense Industry E...
HK inno.N releases K-Cab in Singapore
South Korean bio-health company HK inno.N announced on Monday that it has released the new drug K-CAB for gastroesophageal reflux disease (GERD) in ...
LG H&H's The Whoo unveils Cheongidan renewal line in Shanghai
LG H&H Co. announced on Thursday its strategy to focus on the Chinese market by unveiling a renewal version of "Cheongidan," the flagship produc...
South Korean exporters jittery as China's slowdown raises red flag
South Korea’s exporting companies are increasingly feeling the heat as its top export market China is sounding alarm bells over the world&rsqu...
Korean firms fret over growing adoption of Chinese LFP batteries
South Korea’s three major battery makers – LG Energy Solution Ltd., SK On Co. and Samsung SDI CO. – are increasingly anxious about...
Kia unveils design of EV5, its first China-made global electric car
Kia Corp., South Korea’s second-largest automaker, on Friday unveiled the design of the EV5, its first China-made all-electric vehicle that th...
BOK chief’s top mission: Soft landing for household debt
South Korea’s central bank chief on Thursday vowed to reduce household debt without causing a severe economic downturn as the Bank of Korea he...
Korean exodus from China funds amid deepening property crisis
South Korean investors’ retreat from Chinese equity funds of nearly 10 trillion won ($7.5 billion) in total principal is accelerating amid dee...
Hyundai Motor’s China restructuring continues with Chongqing plant sale
Hyundai Motor Co., reeling from its weak car sales in China, has put its Chongqing plant up for sale as South Korea’s top automaker continues ...
