Hyundai premieres all-new NEXO, reinforcing hydrogen power

Hyundai premieres all-new NEXO, reinforcing hydrogen power

Hyundai Motor Co. on Thursday unveiled the all-new NEXO, the first full-change model of the fuel cell electric vehicle (FCEV) since its launch in 20...

Hahn & Co. acquires SK Specialty for $1.8 billion

Hahn & Co. acquires SK Specialty for $1.8 billion

Hahn & Co., South Korea’s largest private equity firm, has finalized the acquisition of SK Specialty Co., the world’s leading produc...

Hahn & Co. buys SK Enpulse’s chip wafer polishing pad business

Hahn & Co. buys SK Enpulse’s chip wafer polishing pad business

Seoul-based private equity firm Hahn & Co. has agreed to buy the chemical mechanical polishing (CMP) pads manufacturing division of SK Enpulse C...

KB Financial first in Korean banking to achieve ISO human capital standard

KB Financial first in Korean banking to achieve ISO human capital standard

South Korea’s KB Financial Group said on Tuesday that it had obtained ISO 30414 certification, becoming the first in the domestic financial se...

Mirae Asset gets int'l privacy protection certification

Mirae Asset gets int'l privacy protection certification

South Korea's Mirae Asset Securities Co. said on Monday that it won the international personal information standard ISO 27701 certification after un...

Netmarble acquires ISO 45001 certification

Netmarble acquires ISO 45001 certification

Netmarble Corp. announced on Friday that it has become the first company in the Korean game industry to obtain the ISO 45001 certification for its s...

Samsung SDS gains AI management system certification

Samsung SDS gains AI management system certification

Samsung SDS Co. announced on Thursday that it has become the first company in South Korea's IT service industry to receive the ISO/IEC 42001 certifi...

Samsung SmartThings gets global certification for information security

Samsung SmartThings gets global certification for information security

Samsung Electronics Co. announced on Friday that its global connected living platform SmartThings received the ISO/IEC 27001:2022 certification for ...

Samsung likely to buy The Asset office tower for more than $724 mn

Samsung likely to buy The Asset office tower for more than $724 mn

Samsung Group is poised to acquire the Samsung Fire & Marine Insurance Co. headquarters building in Seoul for more than 1 trillion won ($724.4 m...

Kyobo Life nurtures 136 startups over 7 years

Kyobo Life nurtures 136 startups over 7 years

South Korea's Kyobo Life Insurance Group announced on Thursday that it nurtured 136 impact businesses (Impact-Ups) in seven years to create social v...

LG Energy Solution acquires anti-bribery certification

LG Energy Solution acquires anti-bribery certification

South Korea's LG Energy Solution Ltd. announced on Thursday that it achieved ISO 37001 certification, an international standard for anti-bribery man...

SK Securities becomes lead IPO manager for 1st time since 2018

SK Securities becomes lead IPO manager for 1st time since 2018

SK Securities Co., formerly a unit of South Korea’s No. 2 conglomerate SK Group, is expanding its presence in the domestic equity capital mark...

Celebrity-run food chain operator TheBorn Korea files for IPO review

Celebrity-run food chain operator TheBorn Korea files for IPO review

TheBorn Korea Inc., a leading South Korean food and beverage group operated by TV celebrity and chef Paik Jong-won, has filed for a preliminary revi...

GS25 opens 300th store in Vietnam

GS25 opens 300th store in Vietnam

South Korean convenience store chain GS25 said on Sunday that it opened its 300th store in Vietnam. This is the milestone since it entered th...

Daesung PE tops Korean venture funds by return in 2018-2023

Daesung PE tops Korean venture funds by return in 2018-2023

Daesung Private Equity Inc. in South Korea has become the top local venture capital manager in terms of realized capital gain between 2018 and 2023,...

Samsung Fire headquarters up for sale at about $746 mn

Samsung Fire headquarters up for sale at about $746 mn

The Samsung Fire & Marine Insurance Co. headquarters building in Seoul is on the market at a valuation of more than 1 trillion won ($746 million...

LG gets global AI management system certification

LG gets global AI management system certification

LG Electronics Inc. announced on Monday that it has received the Artificial Intelligence Management System (ISO/IEC 42001) certification, an interna...

Former Hyundai Mobis CEO embarks on ISO president term

Former Hyundai Mobis CEO embarks on ISO president term

In a significant achievement for South Korea, Cho Sung-hwan, an advisor to Hyundai Mobis, has been elected as the first Korean president of the Inte...

SK Networks to accelerate AI-led, startup investments

SK Networks to accelerate AI-led, startup investments

SK Networks Co. will accelerate its transformation into an artificial intelligence-led investment company from a general trading firm, its President...

Fake Rolexes most common counterfeit watches smuggled into S.Korea

Fake Rolexes most common counterfeit watches smuggled into S.Korea

After the COVID-19 crisis, it has been revealed that counterfeit goods smuggling is on the rise once again. According to data submitted by the Korea...

SK Group, NPS may exercise put option on Masan without gain

SK Group, NPS may exercise put option on Masan without gain

South Korean institutional investors, including SK Group and National Pension Service (NPS), are likely to only recover their principal without prof...

L'Oréal keeps door open for more K-beauty acquisitions

L'Oréal keeps door open for more K-beauty acquisitions

L'Oréal S.A., the leading global cosmetics maker, is considering more acquisitions and partnerships in the beauty sector of South Korea, the ...

42dot gets vehicle cybersecurity certification

42dot gets vehicle cybersecurity certification

42Dot, a self-driving technology affiliate of Hyundai Motor Group, said on Tuesday that it received a  certification of ISO/SAE 21434 Cyber Sec...

Hyundai Motor to launch 5th-generation new Santa Fe

Hyundai Motor to launch 5th-generation new Santa Fe

Hyundai Motor Co. is set to release the fifth-generation model of its midsize sports utility vehicle (SUV) Santa Fe on Wednesday. This marks a full ...

Korea’s KFCC likely to see loss from London-based office investment

Korea’s KFCC likely to see loss from London-based office investment

South Korea’s Vestas Investment Management Co. is slated to sell off a London-based office tower as the property value has plunged due to rate...

Hyundai's Kona Electric nears 300,000 in cumulative sales

Hyundai's Kona Electric nears 300,000 in cumulative sales

Kona Electric, the best-selling Korean electric vehicle (EV) of Hyundai Motor Co.'s compact sports utility vehicle (SUV), is on the verge of reachin...

Jin Air seeks to spread wings to Indonesia, Singapore

Jin Air seeks to spread wings to Indonesia, Singapore

Jin Air Co., a low-cost carrier (LCC) under Korean Air Co., is seeking to expand its air routes to Indonesia and Singapore this year with the additi...

Designer of 2018 Winter Olympic cauldron returns with solo golf cart

Designer of 2018 Winter Olympic cauldron returns with solo golf cart

Personal space has become more important since the COVID-19 pandemic swept the world, and one South Korean-led industrial design company has develop...

KCC acquires international info security certification

KCC acquires international info security certification

KCC Corp., South Korea's applied materials chemical company, announced on Monday that it has acquired ISO 27001, an international standard for manag...

S.Korea's Naver gets global compliance certification

S.Korea's Naver gets global compliance certification

South Korea’s top search portal Naver Corp. said on Friday that it had received a global certification for its compliance management system fr...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared