Korea’s POSCO, India’s JSW team up to build steel plant in Odisha

Korea’s POSCO, India’s JSW team up to build steel plant in Odisha

South Korea’s POSCO Group joined hands with India’s JSW Group to set up an integrated steel plant in the South Asian country with an est...

Indian stock market gears up for leap: NSE CEO  

Indian stock market gears up for leap: NSE CEO  

India’s stock market is gearing up for a leap thanks to an influx of retail investors seeking better returns and the lower barriers for small ...

Blackpink Rosé’s APT. debuts at No. 8 on Billboard Hot 100

Blackpink Rosé’s APT. debuts at No. 8 on Billboard Hot 100

Blackpink Rosé's single APT. has debuted at No. 8 on the Billboard Hot 100, according to the music magazine Billboard on Tuesday.With the tit...

S.Korea provides financial education for foreigners in bank

S.Korea provides financial education for foreigners in bank

South Korea's Financial Supervisory Service (FSS) launched financial education for foreign residents at specialized bank branches for foreigners. T...

S.Korea's Solus mass-produces copper foil in Hungary

S.Korea's Solus mass-produces copper foil in Hungary

Solus Advanced Materials, a South Korean copper foil supplier, said on Tuesday it started mass production at its second plant in Hungary, Europe&rsq...

South Korea to deploy ‘Iron-Dome’ style defense system early

South Korea to deploy ‘Iron-Dome’ style defense system early

South Korea will deploy a new air defense system, similar to Israel’s Iron Dome, against North Korean artillery attacks earlier than previousl...

S.Korea's Daesang holds kimchi contest in US

S.Korea's Daesang holds kimchi contest in US

South Korea's Daesang Corp. said on Monday it hosted the "Jongga Kimchi Blast" event in the US to promote kimchi and elevate Korean food culture.&...

DS Dansuk wins $750 mn SAF material order from Phillips 66

DS Dansuk wins $750 mn SAF material order from Phillips 66

South Korea's DS Dansuk Co., which operates bioenergy, battery, and plastic recycling businesses, said on Monday it signed a 1 trillion won ($750 mi...

Toyota, Hyundai agree to deepen ties in hydrogen, robotics

Toyota, Hyundai agree to deepen ties in hydrogen, robotics

Toyota Motor Corp. and Hyundai Motor Group agreed to deepen their partnership in developing future mobility technology, especially in hydrogen fuel-...

MBK’s Korea Zinc takeover attempt to spur search for white knights

MBK’s Korea Zinc takeover attempt to spur search for white knights

North Asia-focused private equity firm MBK Partners Ltd.’s attempt to take control of Korea Zinc Inc. and the country’s plan to require ...

Korea’s LG CNS, DN Solutions seek billions of dollars via Jan IPOs

Korea’s LG CNS, DN Solutions seek billions of dollars via Jan IPOs

LG CNS Co., DN Solutions Co. and other South Korean companies aim to raise billions of dollars through domestic initial public offerings (IPOs) in J...

Mirae Asset's IRP deposits surpasses $7.2 bn in 2024

Mirae Asset's IRP deposits surpasses $7.2 bn in 2024

South Korea's Mirae Asset Securities Co. said on Friday it became the first in the industry to surpass 10 trillion won ($7.2 billion) in individual ...

MBK Partners named as Time World's Best Companies

MBK Partners named as Time World's Best Companies

South Korea's private equity firm MBK Partners Ltd. said on Friday it was selected in the "2024 World’s Best Companies" list by international ...

HD Hyundai Oilbank to fully own HD Hyundai Cosmo for $104 mn

HD Hyundai Oilbank to fully own HD Hyundai Cosmo for $104 mn

Saudi Aramco-backed HD Hyundai Oilbank Co. will acquire a 50% stake in money-losing HD Hyundai Cosmo Petrochemical Co. from Japanese chemical giant ...

KB Financial to use excess capital for share buybacks, dividends

KB Financial to use excess capital for share buybacks, dividends

KB Financial Group Inc., South Korea’s largest financial holding group, is set to use its excess capital for share buybacks and dividends next...

Cosmax, Fudan Univ. to team up for microbiome research

Cosmax, Fudan Univ. to team up for microbiome research

Cosmax Inc., South Korea's largest cosmetics original development and design manufacturer (ODM), said on Friday it signed a memorandum of understand...

Tesla in talks with SK Hynix for $725 mn eSSD order

Tesla in talks with SK Hynix for $725 mn eSSD order

Tesla Inc. is in talks with SK Hynix Inc. at the US electric vehicle giant’s request for a possible 1 trillion won ($725 million) order of ent...

Hyundai Motor logs highest-ever Q3 revenue; margin drops

Hyundai Motor logs highest-ever Q3 revenue; margin drops

Hyundai Motor Co. on Thursday reported its worst quarterly profit margin for this year, despite delivering its highest-ever revenue for a third quar...

Samsung Bioepis eyes record sales in 2024 after stellar Q3

Samsung Bioepis eyes record sales in 2024 after stellar Q3

Samsung Bioepis Co., Samsung Biologics Co.'s fully owned biosimilar subsidiary, is expected to post its best-ever annual revenue this year after sal...

Korea’s economy sees slower-than-expected rebound in Q3

Korea’s economy sees slower-than-expected rebound in Q3

South Korea’s economy rebounded slower than central bank expectations in the third quarter on sluggish exports, adding to predictions that the...

SK Hynix’s Q3 profit soars to record high, beats Samsung’s memory profit

SK Hynix’s Q3 profit soars to record high, beats Samsung’s memory profit

SK Hynix Inc., the world’s second-largest memory chipmaker, on Thursday posted record quarterly profit and sales, driven by premium artificial...

SK Bioscience's SKYCellflu approved in Indonesia

SK Bioscience's SKYCellflu approved in Indonesia

SK Bioscience Co., a bio and pharmaceutical affiliate of South Korea's SK Group, said on Wednesday that The Indonesian Food and Drug Authority BPOM ...

Instagram poised to crack Korean webcomics market

Instagram poised to crack Korean webcomics market

Big tech has begun its encroachment on the South Korean webcomics market, largely dominated by local players over the past two decades, fanning fear...

Hana Financial’s Hana The Next: New financial services tailored for seniors

Hana Financial’s Hana The Next: New financial services tailored for seniors

As South Korea’s baby boomers, the demographic cohort born between 1955 and 1963, are reaching retirement age, financial institutions are reac...

Superb AI, Cisco to strengthen AI network cooperation

Superb AI, Cisco to strengthen AI network cooperation

South Korean artificial intelligence (AI) startup Superb AI said on Tuesday it was awarded Select Developer from the global network giant Cisco Syst...

CJ Logistics, Baropharm to cooperate on pharmaceutical logistics

CJ Logistics, Baropharm to cooperate on pharmaceutical logistics

South Korea's CJ Logistics said on Monday it signed a strategic partnership and exclusive pharmaceutical logistics contract with Baropharm, an integ...

North Korean Troops Train in Russia as Moscow Deepens War Coalition

North Korean Troops Train in Russia as Moscow Deepens War Coalition

North Korea has sent hundreds of special forces to eastern Russia for training in recent weeks, according to South Korea’s main intelligence a...

LG Electronics unveils value-up plans, begins Indian arm IPO process

LG Electronics unveils value-up plans, begins Indian arm IPO process

LG Electronics Inc., the world’s largest home appliances maker, on Tuesday announced plans to unlock value by accelerating its transformation ...

Kakao to launch AI messenger service Kanana in H1 2025

Kakao to launch AI messenger service Kanana in H1 2025

South Korea’s platform giant Kakao Corp. will roll out Kanana, a conversational AI agent-integrated messenger app, in the first half of next y...

Mirae Asset's retirement pension reserves rise by $2.9 bn in 2024

Mirae Asset's retirement pension reserves rise by $2.9 bn in 2024

South Korea's Mirae Asset Securities Co. said on Tuesday that its defined contribution (DC) retirement pension and individual retirement pension (IR...

Shinsegae chair tapped to head Asian arm of pro-Trump Rockbridge S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial