Affinity's CJ Lee to become 3rd Korean executive to leave

Affinity's CJ Lee to become 3rd Korean executive to leave

Affinity Equity Partners’ founding member and Managing Partner Lee Chul-joo (CJ Lee) will resign from the Asia’s leading buyout manager,...

Korea's new superconductor will be verified: research team

Korea's new superconductor will be verified: research team

Global scientists will be able to replicate South Korean researchers’ recent findings of room-temperature superconductor in around a month, de...

Virtual human Lucy to sell Galaxy Z in live commerce

Virtual human Lucy to sell Galaxy Z  in live commerce

Lotte Home Shopping's virtual human Lucy expands her activities by selling The Galaxy Z Flip 5 and "Z Fold 5" on live commerce, following her attend...

Hyundai, Kia to showcase new cars at Indonesia’s GIIAS auto show

Hyundai, Kia to showcase new cars at Indonesia’s GIIAS auto show

Hyundai Motor Co. and Kia Corp. will participate in Indonesia’s largest auto show next week as the South Korean sister firms ramp up their off...

GS25 cuts prices amid controversy over World Scout Jamboree branch

GS25 cuts prices amid controversy over World Scout Jamboree branch

South Korea's convenience store chain GS25, which has a makeshift branch for the 25th World Scout Jamboree in Saemangeum, an estuarine tidal flat in...

HD KSOE wins order for 2 LNG carriers

HD KSOE wins order for 2 LNG carriers

South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) on Thursday said it landed a deal to build two liquefied natural gas (L...

Naver posts record Q2 operating profit on e-commerce, content

Naver posts record Q2 operating profit on e-commerce, content

South Korea’s top online portal Naver Corp. on Friday posted record operating profit in the second quarter, driven by robust sales growth in i...

SK Biopharmaceuticals forms Scientific Advisory Board

SK Biopharmaceuticals forms Scientific Advisory Board

South Korea's SK Biopharmaceuticals assembled its Scientific Advisory Board (SAB) composed of world-renowned physicians and drug development experts...

Hanwha Aerospace ventures into eco-friendly ship market

Hanwha Aerospace ventures into eco-friendly ship market

South Korea's Hanwha Aerospace Co. announced on Thursday that it has completed the development of a megawatt-hour (MWh) energy storage system (ESS)....

Global EV, battery sectors in war for talent acquisition

Global EV, battery sectors in war for talent acquisition

Global electric vehicle and battery makers are fiercely competing to secure talent with high salaries and various incentives as their workforces a...

Korea’s inflation eases to 25-mo low, but poised to rebound in H2

Korea’s inflation eases to 25-mo low, but poised to rebound in H2

South Korea’s headline inflation rose at the slowest pace in 25 months in July on still-low international oil prices but is projected to reacc...

Kia America’s new normal: Record car sales month after month

Kia America’s new normal: Record car sales month after month

Kia Corp., South Korea’s second-largest automaker, has been dismissed as the weaker sibling or smaller sister firm of Hyundai Motor Co., the c...

Com2us launches RPG game ‘Heir of Light: Eclipse’ in Canada, Indonesia

Com2us launches RPG game ‘Heir of Light: Eclipse’ in Canada, Indonesia

Com2us Holdings Corp. announced on Wednesday that its new role-playing game (RPG), Heir to  Light: Eclipse, is now available on Google Play in ...

Hanmi Semiconductor opens new bonder factory

Hanmi Semiconductor opens new bonder factory

South Korean chip equipment company Hanmi Semiconductor Co. said on Wednesday it has opened a new factory to boost the production of dual TC bonders...

KakaoBank posts record H1 profit; costs hurt Kakao Games’ Q2 earnings

KakaoBank posts record H1 profit; costs hurt Kakao Games’ Q2 earnings

KakaoBank Corp., a leading South Korean internet-only bank, saw its first-half net profit rise to a fresh record high, driven by decent growth in in...

Daewoong launches GERD treatment Fexuclu in Philippines

Daewoong launches GERD treatment Fexuclu in Philippines

South Korea's Daewoong Pharmaceutical announced on Tuesday that it has launched the GERD treatment drug "Fexuclue" (active ingredient: Fexuprazan) i...

K-pop powerhouse SM to launch US office with Kakao

K-pop powerhouse SM to launch US office with Kakao

K-pop powerhouse SM Entertainment Co. and Kakao Entertainment will jointly launch an office in the US later this year to boost their global business...

SK Shieldus appoints former Samsung SDS president as new CEO

SK Shieldus appoints former Samsung SDS president as new CEO

South Korean security company SK Shieldus announced on Tuesday that it has appointed Hong Won-pyo, former president of Samsung SDS, as its new CEO a...

Doosan Bobcat logs strong earnings on N.America price hikes

Doosan Bobcat logs strong earnings on N.America price hikes

Doosan Bobcat Inc., the construction and agricultural machine manufacturer of South Korea’s Doosan Group, enjoyed strong earnings on still-sol...

Samsung pins high hopes on new Galaxy Z foldables

Samsung pins high hopes on new Galaxy Z foldables

Foldable phones will likely account for one-third of Samsung Electronics Co.'s domestic sales of its flagship Galaxy smartphone series this year, le...

S.Korea’s men’s fashion platform Deps launches offline store

S.Korea’s men’s fashion platform Deps launches offline store

Deps, a men’s fashion platform launched by South Korean fashion brand incubator Hago L&F, is accelerating its market offensive through the...

Kakao Brain unveils AI development library Trident

Kakao Brain unveils AI development library Trident

Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., announced on Tuesday that it has released a performanc...

Hyundai launches high-performance brand New Avante N

Hyundai launches high-performance brand New Avante N

South Korea's Hyundai Motor Co. on Wednesday unveiled the latest version of its high-performance N brand's flagship model, the "New Avante N".The hi...

Hyundai, Kia, Toyota unveil new SUVs in head-to-head showdown

Hyundai, Kia, Toyota unveil new SUVs in head-to-head showdown

South Korea’s two largest automakers – Hyundai Motor Co. and Kia Corp. – are set to compete head-to-head with Japan’s top ca...

Samsung’s new gaming monitor gets rave reviews overseas

Samsung’s new gaming monitor gets rave reviews overseas

Samsung Electronics Co.'s new premium gaming monitor "Odyssey OLED G9" has recently received consecutive praise from major global tech media outlets...

LG unveils new home appliances upgradable like smartphones

LG unveils new home appliances upgradable like smartphones

LG Electronics Inc. on Tuesday unveiled a new set of home appliances upgradable through apps just like a smartphone as the company aims to transform...

HD Hyundai Infracore to sell excavator on TV home shopping

HD Hyundai Infracore to sell excavator on TV home shopping

South Korea’s HD Hyundai Infracore Co. will be the nation’s first to sell an excavator, a piece of heavy equipment weighing nearly two...

Kia unveils The New Sorento's design

Kia unveils The New Sorento's design

Kia Corp. unveiled "The New Sorento," the latest model of their mid-sized sports utility vehicle (SUV) on Tuesday. The redesigned SUV reflects Kia's...

Nearly all HMM ships meet int'l CO2 rules

Nearly all HMM ships meet int'l CO2 rules

South Korea’s No. 1 container transportation and shipping service HMM Co., Ltd on Monday said the Carbon Intensity Indicator (CII), which meas...

POSCO affiliates’ shares surge; market cap rises threefold in 5 years

POSCO affiliates’ shares surge; market cap rises threefold in 5 years

Shares of POSCO Group affiliates are flying high with the steelmaker rapidly transforming into a battery materials manufacturer, riding the industry...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale