CJ Olive Young targets Japanese sun care products market

CJ Olive Young targets Japanese sun care products market

Round A'round, South Korea's top beauty chain CJ Olive Young's own cosmetic brand, announced on Thursday that its popular sun care item "Greentea Ci...

US eyes new rules for Samsung, SK to bring chip machines to China

US eyes new rules for Samsung, SK to bring chip machines to China

The US government is considering establishing new rules for South Korea’s chipmakers to import advanced equipment to China to upgrade their fa...

K-beef targets global halal market through exports to Malaysia

K-beef targets global halal market through exports to Malaysia

Korean beef is making its entry into the global halal food market, starting with Malaysia. South Korean Ministry of Agriculture, Food and Rural Affa...

SK Telecom to further develop AI, its growth driver in Q1

SK Telecom to further develop AI, its growth driver in Q1

SK Telecom Co. beat market expectations for its first-quarter earnings thanks to its robust non-telecom businesses and vowed to continue to bolster ...

LS Electric targets Southeast Asian microgrid market

LS Electric targets Southeast Asian microgrid market

South Korea's LS Electric Co. will join hands with Thailand's second-largest company Siam Cement Group (SCG) to target the Southeast Asian market fo...

Hanwha Q Cells holds No.1 position in US solar module market

Hanwha Q Cells holds No.1 position in US solar module market

Hanwha Q Cells Co., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, secured the top position in the US resid...

Samsung’s H2 new tablet launch to close gap on market leader iPad

Samsung’s H2 new tablet launch to close gap on market leader iPad

Samsung Electronics Co., the second-largest player in the global tablet market, is aiming to narrow the gap with industry leader Apple Inc. with its...

S.Korea’s beauty brand Laneige enters UK, Middle East market

S.Korea’s beauty brand Laneige enters UK, Middle East market

Amorepacific Corp.'s cosmetic brand Laneige announced on Tuesday that it is accelerating its global business expansion by entering the UK and Middle...

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 ...

Money moves from US, China to India for higher returns

Money moves from US, China to India for higher returns

For investors looking for higher returns in emerging markets, India is undoubtedly a market darling.The Asian country, widely expected to become the...

Hankook Tire takes on market for high-end sports cars

Hankook Tire takes on market for high-end sports cars

South Korea's Hankook Tire & Technology is reinforcing its partnerships with makers of high-performance sports cars based on a systematic develo...

Celltrion drops bid to acquire Baxter’s biopharm unit

Celltrion drops bid to acquire Baxter’s biopharm unit

Celltrion Inc. announced on Tuesday it has decided not to pursue the acquisition of the biopharmaceutical unit of U.S. medical device maker Baxter I...

Seoul eyes opening doors to domestic helpers from Southeast Asia

Seoul eyes opening doors to domestic helpers from Southeast Asia

Seoul is slated to welcome domestic helpers from Southeast Asia later this year to ease the burden of childcare and address issues surrounding Korea...

Korean app market One Store to raise $151 mn for Kiwoom's exit

Korean app market One Store to raise $151 mn for Kiwoom's exit

One Store Co., a South Korean homegrown app store, is slated to attract more than 200 billion won ($151.3 million) as its 100 billion won loan, whic...

Naver Webtoon targets entertainment business in Japan

Naver Webtoon targets entertainment business in Japan

Naver Webtoon Ltd., the world’s top digital comics provider, is targeting the entertainment sector in Japan as it aims to expand its intellect...

S.Korean startups eye on Southeast Asia as promising market

S.Korean startups eye on Southeast Asia as promising market

SINGAPORE - Southeast Asia with a youth population constituting about one-third of the region’s total population and surging internet penetrat...

Hyundai’s quantum leap: how it shines through in crisis

Hyundai’s quantum leap: how it shines through in crisis

Hyundai Motor Co. and its affiliate Kia Corp. are slated to log a combined 150 million units of car sales this month. The carmakers of Hyundai Motor...

Alternative investment forum ASK 2023 to kick off May 17 in Seoul

Alternative investment forum ASK 2023 to kick off May 17 in Seoul

South Korean institutional investors, including the world’s third-largest pension fund National Pension Service (NPS), and global asset manage...

Defense, healthcare lure global funds in dull market

Defense, healthcare lure global funds in dull market

Defense, healthcare and semiconductor materials companies have been the main investment targets of global funds such as Fidelity and Morgan Stanley ...

LG Energy Solution drops to third on global market for EV battery in Q1

LG Energy Solution drops to third on global market for EV battery in Q1

South Korea's LG Energy Solution Ltd. in the first quarter fell to third in the global share of electric vehicle (EV) batteries in use spanning all ...

S.Korea, US advised to cooperate in advanced nuclear power plant

S.Korea, US advised to cooperate in advanced nuclear power plant

Amid declining exports of nuclear power plants from major countries like South Korea and the US, Russia and China have captured about 80% of the glo...

SK Biopharmaceuticals gets marketing approval for epilepsy drug in Israel

SK Biopharmaceuticals gets marketing approval for epilepsy drug in Israel

South Korea’s SK Biopharmaceuticals said on Wednesday that the Israeli Ministry of Health has approved the company's new drug application (NDA...

Hyundai Motor unveils XCIENT fuel cell tractor in N.America

Hyundai Motor unveils XCIENT fuel cell tractor in N.America

Hyundai Motor Co. showcased the mass-production model of its XCIENT Fuel Cell Tractor, a 37.2-ton 6x4 truck specifically designed for long-distance ...

Samsung foundry backlogs top $74.6 bn for logic chip biz goal

Samsung foundry backlogs top $74.6 bn for logic chip biz goal

Samsung Electronics Co., the world’s No. 2 foundry player, has secured contract semiconductor manufacturing order backlogs of more than 100 tr...

KKR to buy Namsan Green Building in Seoul for $186.7 million

KKR to buy Namsan Green Building in Seoul for $186.7 million

KKR & Co. Inc. has agreed to buy Namsan Green Building in a central office district in Seoul for an estimated 250 billion won ($186.7 million).T...

KIC mulls expanding assets in Asian emerging markets: CEO

KIC mulls expanding assets in Asian emerging markets: CEO

NEW YORK – Sovereign wealth fund Korea Investment Corporation (KIC) is considering expanding alternative investments in Asian emerging markets...

S.Korea’s AI platform Wrtn to enter Japanese market

S.Korea’s AI platform Wrtn to enter Japanese market

South Korean generative AI startup Wrtn Technologies unveiled Wrtn Japan, its Japanese version generative AI platform, during the "Generative AI Asi...

Doosan Enerbility secures place on US market for SMR

Doosan Enerbility secures place on US market for SMR

South Korea's heavy industry company Doosan Enerbility Co. on Thursday said it discussed on Tuesday cooperation in areas like hydrogen production us...

Samsung unveils 89-inch Micro LED display in China

Samsung unveils 89-inch Micro LED display in China

Samsung Electronics Co. will launch its 89-inch Micro LED display in China for the first time at the "Appliance & Electronics World Expo 2023" (...

Samsung bets on H2 recovery with heavy spending after record chip losses

Samsung bets on H2 recovery with heavy spending after record chip losses

Samsung Electronics Co. on Thursday reported its worst quarterly loss for its semiconductor business, but echoed the widely held industry view that ...

At home, K-convenience stores battle stagnation; abroad they are powerful food ambassador Deal graveyard: S.Korean F&B franchises left without takers LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries KPop Demon Hunters OST lands at No.6 on Billboard Hot 100 K-beauty craze sends Olive Young online sales to new heights