CJ CheilJedang develops PHA-based plastic bag

CJ CheilJedang develops PHA-based plastic bag

South Korea’s CJ CheilJedang Corp. announced on Tuesday that it has developed a packaging material using biodegradable material polyhydroxyalk...

Global X to liquidate China-exposed ETFs on poor returns

Global X to liquidate China-exposed ETFs on poor returns

Global X ETFs, the New York-based provider of exchange-traded funds, will liquidate 19 ETFs, including 11 China-exposed funds, next month to stop th...

Lotte Wellfood enters Costco stores in Canada, Mexico

Lotte Wellfood enters Costco stores in Canada, Mexico

South Korea's Lotte Wellfood Co. announced on Tuesday that it is expanding exports to Mexico and Canada through Costco. It marks the first entry o...

Hanwha Ocean secures first order of year for ammonia carriers

Hanwha Ocean secures first order of year for ammonia carriers

South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Monday that it has secured a contract for two very large ammonia...

Lotte Biologics, NJ Bio to jointly develop ADC

Lotte Biologics, NJ Bio to jointly develop ADC

South Korea's Lotte Biologics Co. announced on Monday that it has signed a strategic business agreement with NJ Bio, a US-based preclinical and clin...

HD Hyundai Marine Solution to enter ship cyber security

HD Hyundai Marine Solution to enter ship cyber security

South Korea’s HD Hyundai Marine Solution announced on Monday that it has signed a memorandum of understanding (MOU) with the domestic security...

Hyundai Glovis invests in stake of EV battery recycler

Hyundai Glovis invests in stake of EV battery recycler

South Korean shipping and logistics company Hyundai Glovis Co. announced on Monday that it has signed a share subscription agreement (SSA) related t...

LG Electronics bets big on smart factory business

LG Electronics bets big on smart factory business

LG Electronics Inc. launched a smart factory business division under its research and development center early this month to accelerate its transiti...

Lotte Duty Free holds grand reopening ceremony at Changi Airport

Lotte Duty Free holds grand reopening ceremony at Changi Airport

Lotte Duty Free held a grand opening ceremony for its Changi Airport store in Singapore, marking the official start of its 19 stores.Lotte Duty Free...

S.Korean securities downgrades GS E&C’s investment opinion

S.Korean securities downgrades GS E&C’s investment opinion

Hyundai Motor Securities downgraded its investment opinion on GS Engineering & Construction Corp. (GS E&C) from "Buy" to "Market Perform" on...

Naver, Com2uS slash workforce to downsize new businesses

Naver, Com2uS slash workforce to downsize new businesses

South Korea’s leading online platforms and gaming publishers such as Naver Corp., Com2uS Corp. and Kakao Corp. have joined global Big Tech com...

Hanwha bond bookbuilding 10 times oversubscribed

Hanwha bond bookbuilding 10 times oversubscribed

Hanwha Corp., the parent company of Hanwha Group, announced on Thursday that it had received orders totaling 1.49 trillion won ($1.14 billion) in it...

LG Chem sees up to 25% battery sector growth in 2024: report

LG Chem sees up to 25% battery sector growth in 2024: report

South Korea’s LG Chem Ltd., the parent of the world’s second-largest electric vehicle battery maker LG Energy Solution Ltd., expects up ...

Celltrion to export three anticancer drugs to Europe

Celltrion to export three anticancer drugs to Europe

South Korea’s Celltrion Inc. announced on Thursday that it has secured supply contracts for three anticancer biosimilars in European countries...

Korean learning platform Elice raises $14.9mn from Vertex

Korean learning platform Elice raises $14.9mn from Vertex

Elice Inc., a South Korean startup offering an all-in-one digital learning platform for teachers and corporations, will transform into an artificial...

SK Telecom to enter AI pet diagnostic market in US

SK Telecom to enter AI pet diagnostic market in US

South Korea’s SK Telecom Co. announced on Wednesday that it has signed with the US-based veterinary diagnostic radiology firm Vetology to laun...

SK On signs tech transfer with Solid Power

SK On signs tech transfer with Solid Power

SK On Co., a battery affiliate of South Korea's SK Group, announced on Wednesday that it has signed a technology transfer agreement with the US-ba...

Samsung, LG go head-to-head in AI components market

Samsung, LG go head-to-head in AI components market

Samsung Electro-Mechanics Co. and LG Innotek Co., two major South Korean suppliers for Apple iPhones, are going head-to-head in the artificial intel...

Korea's LX International buys Indonesian nickel miner for $100 mn

Korea's LX International buys Indonesian nickel miner for $100 mn

South Korean trading firm LX International Corp. said on Tuesday that it has acquired a 60% stake in Indonesian miner PT Adhi Kartiko Pratama (AKP)&...

Yes to cannabis but no to bitcoin?

Yes to cannabis but no to bitcoin?

Aftershocks continue in the South Korean financial market following the country’s financial regulator’s ban on the trading of spot bitco...

Korean wind power companies foresee tailwind from Taiwan, US

Korean wind power companies foresee tailwind from Taiwan, US

South Korean wind power companies such as SK oceanplant Co., HD Hyundai Electric Co. and CS Wind Corp. are expected to get a tailwind from Taiwan&rs...

Daesang launches alternative sweetener brand Sweevero

Daesang launches alternative sweetener brand Sweevero

South Korean food company Daesang Corp. announced on Tuesday that it is launching the integrated brand "Sweevero" for alternative sweeteners like al...

Mojave Proving Ground: Backbone of Hyundai, Kia’s success in US

Mojave Proving Ground: Backbone of Hyundai, Kia’s success in US

CALIFORNIA CITY, Calif. – The Mojave Desert, known by locals as the "high desert," lies some 170 km northeast of Los Angeles, California. In t...

Lotte Chem’s sale of Pakistani PTA unit falls through

Lotte Chem’s sale of Pakistani PTA unit falls through

Lotte Chemical Corp.'s plan to sell off its Pakistani PTA subsidiary to local chemicals producer Lucky Core Industries Ltd. has collapsed, a year af...

Billboard to establish subsidiary in S.Korea in June 2024

Billboard to establish subsidiary in S.Korea in June 2024

The globally recognized American music entertainment media brand Billboard, known for its music charts, has announced the launch of its South Korean...

LG Elec opens its first overseas EV charger plant in Texas

LG Elec opens its first overseas EV charger plant in Texas

South Korea’s LG Electronics Inc. has opened its first overseas EV charger factory in Fort Worth, Texas. The move comes as the global home app...

Rise of Korean activist investors at home

Rise of Korean activist investors at home

As the annual general shareholders’ meeting season is approaching fast, publicly traded companies in South Korea are readying for a swath of p...

Naver unveils reports of Qatar Asian Cup utilizing AI

Naver unveils reports of Qatar Asian Cup utilizing AI

South Korea's Naver Corp. announced on Friday that it has published AI Scout Report for the Asian Football Confederation (AFC) Asian Cup 2023, which...

Foreign-listed bitcoin ETF trading suspended in S.Korea

Foreign-listed bitcoin ETF trading suspended in S.Korea

South Korean investors’ years-long trading of spot-bitcoin exchange-traded funds (ETFs) listed in Canada and Germany was abruptly suspended du...

SK Networks invests $19 mn in AI startup Upstage

SK Networks invests $19 mn in AI startup Upstage

South Korea's SK Networks Co. announced on Friday that it has invested 25 billion won ($19.02 million) in the domestic artificial intelligence (AI...

Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan