S.Korea signs MOU on Philippine nuclear safety checks, eyes plant deals

MANILA – South Korea on Monday signed an initial agreement with the Philippines to conduct a safety check on a nuclear power plant before a re...

Uniqlo expands in Korea as No-Japanese boycott wanes

Uniqlo Co., a Japanese fast fashion brand, is vigorously expanding brick-and-mortar stores in South Korea, attracting budget-conscious consumers ami...

Samsung Electronics, TSMC tie up for HBM4 AI chip development

TAIPEI – South Korea’s Samsung Electronics Co., the world’s largest memory chipmaker, is partnering with its foundry rival Taiwan ...

Korean retailers ramp up fulfillment centers to hold AliExpress in check

South Korea’s leading retailers, including Coupang Inc., are ramping up their logistics capacities to counter aggressive forays into the count...

Korean banks raise mortgage rates despite looming rate cut

South Korean banks are raising mortgage rates again as the government strives to curb household debt growth that grew at its sharpest pace in three ...

Korea’s Lotte Card sees 1st profit in Vietnam since launch

Lotte Card Co., South Korea’s No. 5 credit card issuer, is enjoying its first monthly profit in Vietnam after offering various financial produ...

AI plagiarism detection startup Muhayu eyes IPO in 2026

South Korean artificial intelligence (AI) startup Muhayu hired Mirae Asset Securities as the lead manager for its initial public offering (IPO) targ...

LG Chairman Koo to embark on US trip to oversee battery, AI projects

Koo Kwang-mo, chair of South Korea’s fourth-largest conglomerate LG, will embark on a weeklong business trip to the US next week to seek new g...

POSCO Future M publishes responsible minerals report

South Korea's POSCO Future M Co. announced on Tuesday that it released a responsible minerals report detailing establishing a sustainable supply cha...

SK Telecom, SoftBank to collaborate for SV measurement

South Korea’s SK Telecom Co. announced on Tuesday that it signed a memorandum of understanding (MOU) for cooperation in measuring social value...

JPMorgan Chase’s growth driver: offline community branches

NEW YORK -- Global banking giant JPMorgan Chase & Co. has been expanding brick-and-mortar branches across the US with investments of billions of...

Asiana, Korea Univ. to jointly attract medical tourism

South Korea's Asiana Airlines Inc. announced on Monday that it has partnered with Korea University Anam Hospital to promote medical tourism. The agr...

SK C&C AI diagnostic service checks Doosan Enerbility’s plants

SK C&C, a systems integration affiliate of South Korea’s SK Group, on Thursday said it will provide diagnostic services based on generativ...

SK E&S, Plug Power to strengthen hydrogen partnership

South Korea's SK E&S Co. and Plug Power, a global hydrogen solutions provider, have reinforced their commitment to accelerating the developmen...

LG Uplus, Hyundai Elevator to launch AI-based management service

LG Uplus Corp. on Monday said it released Miri View, an artificial intelligence (AI)-based elevator passenger safety system developed with Hyundai E...

S.Korea not ready for developed market status: MSCI

MSCI Inc. regards the South Korean stock market as not ready for its developed market status despite a series of reforms, dampening the country&rsqu...

Samsung Pay adds Visa to overseas payment service

South Korea's mobile payment and digital wallet service Samsung Pay will allow its Visa-affiliated credit cards issued in the country to make overse...

Doosan Group chief checks farm-construction equipment affiliate's strategy in US

South Korea’s Doosan Group on Sunday said its chairman Park Jeong-won visited the construction trade show ConExpo-Con-Agg in Las Vegas on Wedn...

Samsung Heavy Industries adopts integrated monitoring system

In a first for shipbuilding, South Korea's Samsung Heavy Industries has developed a system to confirm all data generated in the process of shipbuild...

Hyundai Dept. Store introduces AI chatbot service Jellppo

Hyundai Department Store Co. said on Sunday that it would introduce the artificial intelligence (AI) chatbot "Jellppo." Jellppo is an AI-based one-o...

SPC Group adopts integrated safety check system app for all biz sites

South Korea's SPC Group on Wednesday said it has developed an app for an integrated safety inspection system using information and communications te...

Leaders of Samsung, BMW discuss bolstering EV battery partnership

Samsung Electronics Chairman Jay Y. Lee met with the Chairman of the Management Board of BMW Group Oliver Zipse on Saturday to discuss ways to deepe...

SK Gas achieves milestone of zero accidents for 28 consecutive years

SK Gas said on Monday that its liquefied petroleum gas (LPG) import terminal in Pyeongtaek had achieved a record of no accidents for 28 consecutive ...

Hyundai Mobis’ smart cabin: Healthcare center on the move

Many traffic accidents are caused by drowsy driving, fatigue or the driver’s abnormal health conditions.Automakers around the world have str...

SK Telecom blocks voice phishing via AI, police database

SK Telecom Co., a South Korean major mobile carrier, is strengthening its spam call filtering system to prevent voice phishing. The system blocked 3...

LG Energy faces reality check as its stock turns a market laggard

South Korean battery maker LG Energy Solution Ltd. was touted as a market darling even before its Kospi debut last month, reflecting the investor fr...

Hyundai mulls reentry into Japan with EVs, FCEVs

Hyundai Motor Co. is considering a return to Japan with electric vehicles and fuel cell electric vehicles after South Korea’s top carmaker r...

Real Packing envisions borderless e-commerce ecosystem via videos

South Korea-based startup Real Packing is on a mission to build a trust-based society via its fact-checking video system.Launched in 2016, Real Pack...

Hyundai Motor releases 2021 sustainability report with profitability focus

Hyundai Motor Co. will focus on ramping up global sales of high-profit vehicles such as its SUVs and Genesis models, according to its annual sustain...

[Focus] Korean unicorns face reality check from US startups poised for IPOs

With a number of high-profile US startups in line for initial public offerings, investors in South Korean startups may be looking to Wall Street for c...