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 profitabili...
Xiaomi to open first offline store in S.Korea with premium products
Xiaomi Inc., a Chinese technology giant, will open its first offline store in South Korea next week, about six months after its virtual foray into t...
Hanwha Ocean to team up with Polish shipyards for Navy project bid
Hanwha Ocean Co. is ramping up efforts to win Poland's highly competitive next-generation submarine project, worth around 3 trillion won ($2.2 billi...
Shinsegae, Ascent Equity Partners weigh acquisition of C&C International
South Korean retail giant Shinsegae Group is seeking to acquire local color cosmetics manufacturer C&C International Co. in partnership with pri...
Korea launches $27 mn fund to invest in K-beauty startups
South Korea’s Ministry of SMEs and Startups on Thursday announced the launch of a 40 billion won ($27 million) fund to invest in Korean beauty...
KAIST launches Korean rapper G-Dragon’s music into space
The Korea Advanced Institute of Science & Technology (KAIST) has launched the music and iris image of G-Dragon, a Korean rapper and singer-songw...
Korea’s KG Mobility teams up with Chery to develop mid to large SUVs
KG Mobility Corp., a South Korean automaker specializing in sport utility vehicles, said on Wednesday it joined hands with China’s fourth-larg...
HD Hyundai, TerraPower to commercialize next-gen SMR
South Korea’s largest shipbuilder, HD Hyundai Heavy Industries Co., is deepening its partnership with TerraPower LLC, the US nuclear venture f...
K-beauty shake-up: APR, Shinsegae rise as Aekyung declines
South Korea’s beauty industry is undergoing a major reshuffle, with new players rising to prominence while established giants face growing com...
South Korea emerges as private equity firms’ global hub
New York-based Apollo Global Management and London-based Intermediate Capital Group (ICG) have joined the ranks of global private equity firms that ...
Samsung lowers bar on hiring foreign talent in South Korea
South Korea’s biggest business group Samsung has sweetened the pot to win the technology talent war by lowering the bar for new hires of forei...
Small firms emerge as prime targets of management disputes in Korea
Small and medium-sized enterprises (SMEs) accounted for the majority of disputes over corporate management control in South Korea last year, with th...
LX International seeks to acquire nickel, copper mines in Indonesia
LX International Corp., the trading unit of South Korea’s LX Group, said on Friday it is seeking to acquire a nickel mine and a copper mine in...
SK On to complete merger with SK Enterm on Feb. 1
Electric vehicle battery maker SK On Co. said on Friday it is set to complete a merger with crude oil storage tank operator SK Enterm Co. on Feb. 1 ...
Lotte Card Card to launch loans for affiliates in Vietnam
South Korea's Lotte Card said on Monday it will launch loans for affiliates in Vietnam.Lotte Finance Vietnam, the Vietnamese corporation of Lotte Ca...
Leonardo's Coulter named Hanwha Aerospace’s 1st foreign global chief
Hanwha Aerospace Co., a leading South Korean defense company, said on Monday it has hired Michael Coulter, a former senior executive at US-based Ita...
Sono International seeks IPO in 2025 with $2.1 billion in corporate value
South Korea’s top resort operator Sono International Co. is seeking an initial public offering of its shares on the Korean market next year, r...
Former ADOR CEO Min unfollows NewJeans' SNS
Min Hee-jin, the former CEO of ADOR, HYBE Co. 's label behind the K-pop girl group NewJeans, announced her resignation as the label's internal direc...
S.Korean firms bet big on US LNG market under new Trump gov't
South Korean energy and shipbuilding companies are gearing up for a swift advance into the US liquefied natural gas (LNG) market, which is expected ...
GC establishes generative AI platform Hey GC
South Korea's Green Cross Holdings Corp. (GC) said on Tuesday it established its generative AI standard platform Hey.GC.Hey.GC is designed to improv...
Huonslab strengthens HyDIFFUZE IP with completion of US, EU examination request under PCT application
South Korea’s Huonslab Co., a subsidiary of Huons Global Co. and a global leader in recombinant human hyaluronidase-based biologics Sub-Q deli...
HD Hyundai Infracore wins diesel engine award in Italy
South Korea's HD Hyundai Infracore Co.'s new diesel engines were selected as the best diesel engines of the year in Italy.This marks the first time ...
SK Ecoplant selects four companies at ConTech Meet-Up
South Korea's SK Ecoplant Co. said on Friday it held the "2024 ConTech Meet-Up Day" award ceremony at the Grand Walkerhill Hotel in Seoul. ConTech M...
LG unveils AI-powered commercial washers, dryers in renewed B2B push
South Korean home appliances giant LG Electronics Inc. is stepping up efforts to enhance its presence in the global business-to-business (B2B) marke...
Hyundai Motor aims high for online small EV sales in Japan
TOKYO – Hyundai Motor Co. will accelerate its penetration into Japan, a market it has been struggling to crack for decades, with small-size el...
S.Korea's Hana Card, KFCC launch first PLCC
South Korea's Hana Card said on Tuesday it launched the first private label credit card (PLCC) product, the "MG+ Credit Card Primo Hana Card" of the...
POSCO International eyes M&A in US natural gas market
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is considering ac...
POSCO International wins top award at 2024 Korea IR Awards
South Korea's POSCO International Corp. won the top prize at the 2024 Korea IR Awards, organized by the Korea Investor Relations Service (KIRS), the...
HD Hyundai to show unmanned construction equipment tech
South Korea's HD Hyundai XiteSolution said on Thursday that it plans to hold a demo show with remote control (RC) models of construction equipment...
BOK flags more rate cuts but in gradual, small steps
South Korea’s central bank is open to more cuts in interest rates after its first rate reduction in more than four years on Friday but only in...
