Kia's Lego-like PV5 with 16 variants to hit market in July
Kia Corp., South Korea’s second-largest carmaker under Hyundai Motor Group, is set to redefine mobility solutions with its modular electric pla...
S.Korea’s most prominent business leader returns with all charges cleared
After nearly a decade spent fighting allegations of corporate wrongdoing, Samsung Electronics Co. Chairman Lee Jae-yong has been acquitted on all cha...
Korea Investment & Securities, UBP seek private banking partnership
Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., said on Thursday it has discussed a strategic partnership with ...
Maru SF to open in Silicon Valley in November as Korean startup gateway
Maru SF, a startup campus and networking hub operated by the Asan Nanum Foundation, will open in Silicon Valley this November, marking the organizati...
HYBE Chair Bang referred to prosecutors over alleged unfair trading
South Korea’s financial watchdog has referred Bang Si-hyuk, founder and chairman of K-pop powerhouse HYBE Co., to prosecutors over alleged frau...
K-beauty contract manufacturers see record Q2 profits; rally likely to continue
South Korea’s major original design manufacturers (ODMs) for cosmetics, led by Cosmax Inc. and Kolmar Korea Co., are estimated to have posted t...
S.Korea’s Bebesup earns China nod for baby skincare, eyes global expansion
Bebesup, a leading South Korean baby skincare and wipe brand, has secured a registration certificate from the China National Medical Products Adminis...
LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries
Ultium Cells LLC, a battery joint venture between South Korea’s LG Energy Solution Ltd. and General Motors Co., will upgrade its battery cell m...
K-beauty craze sends Olive Young online sales to new heights
CJ Olive Young Corp., South Korea’s top beauty store chain, is another beneficiary of the global K-beauty surge, with its online cosmetics sale...
Hyundai Motor’s high-stakes gambit in US: Cut vehicle prices as rivals hike theirs
As global automakers raise prices in the US market to respond to new Washington import tariffs, South Korea’s Hyundai Motor Group is taking the...
LG links up with Chinese rivals for budget appliance supremacy
LG Electronics Inc. has turned its rivals into allies in an unlikely pact to win the budget appliance war and ward off Chinese competitors rapidly en...
Mercedes opens world’s 1st Maybach flagship center in Seoul
Mercedes-Benz Group on Monday opened the world’s first Maybach Brand Center in Seoul, its largest-ever dealership dedicated to the ultra-luxury...
POSCO to supply HIC-resistant steel for Aramco’s Fadhili gas plant
POSCO, South Korea’s largest steelmaker, will supply hydrogen-induced cracking (HIC)-resistant steel to Saudi Arabian Oil Co., or Aramco, for t...
Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead
Samsung Electronics Co. is supplying a new high-performance image sensor featuring nanoprism technology to China’s Xiaomi, as the South Korean ...
Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet
South Korea’s Hyundai Glovis Co. is poised to become the world’s first shipping company to deploy artificial intelligence-based autonomou...
Samsung to launch AI health coach beta in US by end-2025
NEW YORK – Samsung Electronics Co. will roll out a beta version of AI-powered health coach within the Samsung Health application in the US by t...
South Korea moves to mandate treasury share cancellation
South Korea’s ruling Democratic Party is accelerating its push to boost shareholder value by requiring listed companies to cancel treasury shar...
South Korean airlines bank on China routes for profit recovery
South Korean airlines are ramping up international routes, particularly to China, Japan and Southeast Asian countries, in a bid to boost profitabilit...
Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age
In a dramatic showing on the famed hill climb of West Sussex, Hyundai Motor Co. on Thursday debuted the IONIQ 6 N, its second high-performance electr...
Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold
NEW YORK – Samsung Electronics Co. plans to release its first triple-folding smartphone by the end of this year to fend off growing competition...
Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features
NEW YORK – Samsung Electronics Co. has unveiled its slimmest and most powerful foldable smartphones yet, loading them with artificial intellige...
POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn
POSCO, South Korea’s largest steelmaker, has sold Zhangjiagang Pohang Stainless Steel (PZSS), its loss-generating stainless steel joint venture...
Seoul vows zero-tolerance measures against unfair stock trading
South Korea’s top financial regulators and its stock exchange operator will launch a joint task force to strengthen oversight of unlawful finan...
K-style strikes back to win over China’s Gen Z with Musinsa at helm
Musinsa, South Korea’s fashion unicorn backed by KKR Co., is set to bring the K-style wave to China with Anta Sports Products Ltd., China's lea...
Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs
Back in the 1960s and 1970s, the Middle East was a land of opportunity for many South Korean construction workers, who labored there under the scorch...
Samsung’s Q2 operating profit halves amid sluggish chip sales
Samsung Electronics Co.'s operating profit in the second quarter missed market expectations, with a 56% on-year fall, as its mainstay semiconductor b...
Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner
Samsung Heavy Industries Co., a major South Korean shipbuilder, has signed a preliminary agreement worth 869.4 billion won ($635 million) with an Afr...
HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders
HD Hyundai Co., the world’s largest shipbuilding group based in South Korea, has signed a memorandum of understanding with India’s larges...
SK Innovation to restore Vietnam’s mangrove forests in ESG initiative
SK Innovation Co. has signed a memorandum of understanding with the government of Tra Vinh, a province in southern Vietnam and MangLub, a local socia...
LG Electronics' Q2 profit halves as US tariffs bite
Earnings at LG Electronics Inc. nearly halved in the second quarter after the Trump administration's tariff hikes pushed up raw material costs, makin...
