Renault vows action if Korean unit fails to improve productivity, cut costs

French auto giant Groupe Renault has warned of stern action against its struggling South Korean unit, urging it to improve productivity and cut cost...

GM Korea to cut production; carmakers call for govt action

The South Korean arm of General Motors Co. has become the country’s first automaker forced to cut production due to the global semiconductor c...

GM Korea to curb production as global chip shortages worsen

GM Korea Co., a subsidiary of US auto giant General Motors Co., is slashing production rates due to a component supply disruption, the latest sign t...

Korea requires major companies to disclose ESG activities from 2025

Big companies listed on South Korea’s major stock market will be required to disclose their business activities related to environmental, soci...

CJ Cheiljedang to set up food production plant in South Dakota

South Korea's food and beverage giant CJ CheilJedang Corp. will establish a food production plant that makes mandu in the 560,000 square meters of l...

K-startup products sweep CES 2021 innovation awards honors

A number of products and technologies of Korean startups have received Innovation Awards honors at the Consumer Electronics Show (CES) 2021, the wor...

Ssangyong Motor to briefly halt production at main plant

South Korea’s Ssangyong Motor Co. is temporarily suspending production at its main plant due to disruptions of auto parts supplies from its co...

Korean investors buy Dutch logistics center using drones and smartphones

South Korea’s Kiwoom Securities Co. has acquired a new logistics center in the Netherlands for 180 billion won ($165 million) this year, relyi...

Korea rises as production hub for coronavirus treatments; darling of global pharmas

South Korea is emerging as a global production base for coronavirus vaccines and medicine thanks to its comprehensive production facilities alongside ...

NPS creates active management team for overseas traditional assets

The National Pension Service will set up teams in its overseas offices to directly handle active investments in traditional assets such as equiti...

Hana likely to acquire Tour CBX on France office buying spree

Hana Financial Investment Co. Ltd. is likely to continue its buying spree for French office buildings by adding Tour CBX, worth around 400 million eur...

[ASK 2017 SUMMIT] Korea Post pursues active hedge fund strategies

Korea Post is pursuing diverse alpha-generating strategies for hedge fund investment, with a plan to allocate at least 450 billion won ($401 million) ...

Europe banks return to Korean brokerage market; target debt, alternative products

A growing asset size of South Korean institutional investors and soaring demand for overseas alternative assets have been prodding foreign banks, incl...

K-pop groups from BTS to TWICE kick off world tours

By Soo-young Seong...

TEST Robots, AI replace human workers at Kia’s EV6 manufacturing factory

Electric vehiclesHyundaiMotor, Kia, TechKia Corp., South Korea’s second-largest automaker, has unveiled the automated manufacturing process at...

Hyundai's first Saudi JV shipyard slated for 2023 completion

South Korea's Hyundai Heavy Industries Holdings Co. is scheduled to construct a large-scale shipyard for very large crude carriers (VLCCs) and a mar...

Hanmi Pharm subsidiary JVM to sell fully automated drug inspection machines in US

Hanmi Pharmaceutical said on Monday that it had signed an agreement with Euclid Medical Products, a company specializing in manufacturing drug dis...

SK Hynix introduces Gauss Labs-developed AI solution to semicon process (edited)

SK Hynix said on Tuesday that it has started to improve production efficiency and yield by introducing an artificial intelligence (AI) solution to...

Samsung Electronics opens gaming-focused shopping platform(edited)

Samsung Electronics Co. on Monday launched the "Samsung Game Portal" on Samsung.com in Korea, as the South Korean tech giant seeks to strengthen i...

Samsung SDS showcases new supply chain management solution in the US

Samsung SDS introduced a supplier relationship management (SRM) solution at the Gartner Supply Chain Symposium 2024 in Orlando, Florida, the com...