Korean Hana ties up with Saudi EXIM Bank for Middle East biz

Korean Hana ties up with Saudi EXIM Bank for Middle East biz

Hana Financial Group, South Korea’s third-largest financial holding company, joined hands with the Saudi Export-Import Bank to expand its mark...

POSCO, Bartlett to set up grain procurement joint venture

POSCO, Bartlett to set up grain procurement joint venture

South Korea’s POSCO International Corp. plans to invest in Bartlett and Company’s soybean processing company within the year and set up ...

S.Korea to extend forex trading hours from Oct. 4 to lure foreign dealers

S.Korea to extend forex trading hours from Oct. 4 to lure foreign dealers

South Korea will extend the operating hours of the domestic foreign exchange market from next month, allowing foreign currency dealers to directly p...

Korea logs surplus in IP trade in H1 on surge of culture, art

Korea logs surplus in IP trade in H1 on surge of culture, art

South Korea posted a surplus in its intellectual property (IP) rights trade in the first half of this year, thanks to profits on culture, art and so...

Krafton, Naver eye Overdare as S.Korea's answer to Roblox

Krafton, Naver eye Overdare as S.Korea's answer to Roblox

South Korea's game company Krafton Inc. and Naver Z, a metaverse unit of the country’s portal giant Naver Corp. on Thursday said they will u...

LG Electronics rolls out 118-inch micro LED TV at US trade show

LG Electronics rolls out 118-inch micro LED TV at US trade show

LG Electronics Inc. has launched a second massive micro LED TV for those wanting a premium cinema experience at home.The company on Monday said it u...

SK Rent-a-Car to replace internal combustion engine cars with EVs

SK Rent-a-Car to replace internal combustion engine cars with EVs

SK Rent-a-Car plans to overhaul its existing fleet of internal combustion engine vehicles in favor of electric cars. The company aims to capitalize ...

Samsung Electronics avoids EU’s digital market regulations  

Samsung Electronics avoids EU’s digital market regulations  

Samsung Electronics Co. has steered clear of the European Union’s new set of regulations designed to rein in the dominance of Big Tech compani...

S.Korea's Lotte Group helps SMEs penetrate Indonesian market

S.Korea's Lotte Group helps SMEs penetrate Indonesian market

South Korea's Lotte Group through Friday is holding the event Korea Expo in Jakarta in the Indonesian capital with the Korea Trade-Investment Promot...

Korea’s exports down for 11th month in August but at slower pace

Korea’s exports down for 11th month in August but at slower pace

South Korea’s exports shrank last month for 11 consecutive months but signs of a recovery in demand for the country’s mainstay export it...

South Korean exporters jittery as China's slowdown raises red flag

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...

Samsung, LG Electronics gear up for IFA, IAA Mobility 2023

Samsung, LG Electronics gear up for IFA, IAA Mobility 2023

Samsung Electronics Co. and LG Electronics Inc. are set to attend Europe's biggest tech trade fair and biggest motor show, IFA and IAA Mobility, res...

Samsung to unveil world's first dual UHD gaming monitor at Gamescom

Samsung to unveil world's first dual UHD gaming monitor at Gamescom

Samsung Electronics Co. will unveil its latest gaming monitors at this year's Gamescom, Europe's largest trade show for video games, that runs Wedne...

LG Electronics to unveil European modular home model at IFA

LG Electronics to unveil European modular home model at IFA

LG Electronics Inc. on Thursday said it will unveil next month the residential living solution LG Smart Cottage at Europe’s largest home appli...

LG boosts accessibility to home appliances for disabled people

LG boosts accessibility to home appliances for disabled people

LG Electronics Inc. on September 1 will unveil its Universal Up Kit, which enhances accessibility to home appliances, at this year's IFA, Europe&rsq...

S.Korea to deliver food safety management skill to Thai, Malaysian officials

S.Korea to deliver food safety management skill to Thai, Malaysian officials

The Ministry of Food and Drug Safety of South Korea announced on Friday that it will conduct an invited training program for food safety officials f...

S.Korea to fully open gov't R&D projects to foreign researchers

S.Korea to fully open gov't R&D projects to foreign researchers

South Korea's Ministry of Trade, Industry and Energy on Wednesday said it will allocate 5 trillion won ($3.8 billion) of its R&D budget for exce...

SK C&C begins to construct S.Korea's first ATS

SK C&C begins to construct S.Korea's first ATS

SK C&C, an information and communications technology affiliate of South Korea’s SK Group announced on Wednesday it has started constructio...

Speculative bets heat up on to-be-delisted preferred stocks

Speculative bets heat up on to-be-delisted preferred stocks

Preferred stocks of five South Korean companies, including Samsung Heavy Industries Co. and SK Networks Co., have been on a roller coaster ahead of ...

Korea chip exports to rebound in Oct; car, cell exports to stay firm

Korea chip exports to rebound in Oct; car, cell exports to stay firm

South Korea expected overseas sales of semiconductors, the country’s top export item, to rebound from October while the auto, secondary batter...

NHN Cloud to boost mobile games operations in Japan

NHN Cloud to boost mobile games operations in Japan

South Korea's NHN Cloud on Friday said that at this year's Game Tools & Middleware Forum (GTMF) in Japan, it gave a presentation on security bre...

POSCO Int'l to build 1.26 mn tons of green hydrogen infrastructure by 2035

POSCO Int'l to build 1.26 mn tons of green hydrogen infrastructure by 2035

South Korea's largest trading company POSCO International revealed on Friday its strategy to establish a green hydrogen supply infrastructure with...

SGC Group slapped with over $7.7 mn fine for unfair internal trade

SGC Group slapped with over $7.7 mn fine for unfair internal trade

The Fair Trade Commission (FTC) has imposed a fine of more than 10 billion won ($7.7 million) on SGC Group companies for unfair internal transaction...

POSCO Int'l to cut carbon emissions 37% by 2030

POSCO Int'l to cut carbon emissions 37% by 2030

South Korea's largest trading company POSCO International on Sunday said it officially declared its goal of achieving carbon neutrality by 2050 to b...

Doosan vice chairman visits robotics trade show Automatica

Doosan vice chairman visits robotics trade show Automatica

South Korea’s Doosan Group Vice Chairman Park Ji-won visited Automatica 2023 on Wednesday, a leading trade fair for smart automation held in M...

Korea’s trade deficit with China runs deep; chip support required

Korea’s trade deficit with China runs deep; chip support required

Just like its neighboring countries in Asia, South Korea’s economic growth has long been swayed by the ups and downs of China, which heavily r...

Genie Music launches AI-based arrangement service

Genie Music launches AI-based arrangement service

Genie Music, the music production and distribution affiliate of South Korea’s KT Corp., has launched an arrangement service for digital music ...

S.Korea to return to Japan’s preferential trade partner list in July

S.Korea to return to Japan’s preferential trade partner list in July

Japan has decided to put South Korea back on the list of its preferential trade partners, nearly four years after its removal. The Korea-Japan trade...

Monthly exports set for growth in June for 1st time in 10 months

Monthly exports set for growth in June for 1st time in 10 months

South Korea’s exports in the first 20 days of June rose from a year earlier, seeing growth in the period for the first time since last August....

S.Korea’s top pharmaceutical distributor buys 25% of No. 2 Baekje Pharma

S.Korea’s top pharmaceutical distributor buys 25% of No. 2 Baekje Pharma

South Korea’s top pharmaceutical distributor Geo-young Co. has acquired 25% of market No. 2 Baekje Pharmaceutical.Geo-young on Tuesday said th...

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