Europe looms large as K-beauty brands look to blue ocean; shares rise

Europe looms large as K-beauty brands look to blue ocean; shares rise

South Korea’s beauty industry has been reaping decent gains from traditionally strong markets such as China and the US – the world&rsquo...

With domestic dockyards fully booked, Korean shipbuilders turn overseas

With domestic dockyards fully booked, Korean shipbuilders turn overseas

As order books swell amid green shipping mandates, LNG demand and military naval modernization, South Korean shipbuilders are extending their global...

China stock funds outperform US funds in South Korea

China stock funds outperform US funds in South Korea

Chinese stocks are attracting South Korean investors looking beyond Wall Street amid the downturn in US Big Tech stocks.South Korea’s equity f...

Korea’s Nextrade stock exchange debuts; YG Entertainment tops 1st day

Korea’s Nextrade stock exchange debuts; YG Entertainment tops 1st day

South Korea’s first alternative stock exchange Nextrade (NXT) started trading on Tuesday, challenging the Korea Exchange’s (KRX) long-st...

SK Innovation E&S to secure 10 mn tons of LNG to compete with BP, Shell

SK Innovation E&S to secure 10 mn tons of LNG to compete with BP, Shell

SK Innovation E&S (SKI E&S), the natural gas business unit of South Korea’s SK Innovation Co., is set to begin an LNG trading business...

Alternative stock exchange Nextrade to launch on March 4

Alternative stock exchange Nextrade to launch on March 4

Nextrade, South Korea’s first alternative stock exchange, enabling trading of stocks listed on the Kospi and the Kosdaq for 12 hours a day is ...

Dalton Investments raises stake in cosmetics ODM Kolmar

Dalton Investments raises stake in cosmetics ODM Kolmar

Dalton Investments Inc., a US-based activist fund, has secured a 5.02% stake in South Korea’s Kolmar Holdings Co., stoking speculation the wor...

Nobel laureate Han Kang craze revives Korean book market

Nobel laureate Han Kang craze revives Korean book market

South Koreans are flocking to bookstores to snap up 2024 Nobel laureate Hang Kang’s novels, making her books — and even those of her nov...

KRX launches Korea Value-up Index featuring 100 best practice firms

KRX launches Korea Value-up Index featuring 100 best practice firms

South Korea’s securities exchange operator, Korea Exchange, launched a new corporate value-up index on Tuesday, a key plank for the government...

Hyundai IONIQ 6 named best EV by Kelley Blue Book

Hyundai IONIQ 6 named best EV by Kelley Blue Book

Hyundai Motor Co.'s electric sedan IONIQ 6 has been named the best electric vehicle (EV) by Kelley Blue Book, the US vehicle valuation and automotiv...

KT posts Q2 profit drops on pay raises, bonus payments

KT posts Q2 profit drops on pay raises, bonus payments

KT Corp., South Korea’s No. 1 telecom service provider, on Friday reported a 14.3% drop in second-quarter operating profit despite steady reve...

KOGAS executes first simultaneous LNG bunkering in Korea

KOGAS executes first simultaneous LNG bunkering in Korea

South Korea's state-run Korea Gas Corp. (KOGAS) said on Friday that its subsidiary, Korea LNG Bunkering, successfully carried out the country’...

Millie Seojae introduces AI book reader

Millie Seojae introduces AI book reader

Millie Seojae, the e-book platform subsidiary of South Korea's KT Corp., announced on Thursday that it introduced an AI text-to-speech (TTS) feature...

Perigee, SSC to cooperate on space launch vehicle

Perigee, SSC to cooperate on space launch vehicle

South Korea's small space launch vehicle startup Perigee Aerospace Inc. announced on Wednesday that it partnered with the Swedish Space Corporation ...

SK Hynix’s HBM chip orders fully booked; 12-layer HBM3E in Q3: CEO

SK Hynix’s HBM chip orders fully booked; 12-layer HBM3E in Q3: CEO

ICHEON, Gyeonggi Province – SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Thursday i...

Foreign buying of Korean stocks hit record high in Q1

Foreign buying of Korean stocks hit record high in Q1

Foreign investors gobbled up a record 15.8 trillion won ($11.7 billion) worth of stocks listed in South Korea during the first three months of this ...

South Korea’s luxury hotels bask in return of tourists post-pandemic

South Korea’s luxury hotels bask in return of tourists post-pandemic

South Korea’s luxury hotels are enjoying the return of tourists following years of COVID-19 restrictions, which significantly hurt their sales...

Perigee, Philippines gov’t to recycle small launch vehicle

Perigee, Philippines gov’t to recycle small launch vehicle

South Korea's Perigee Aerospace Inc. announced on Tuesday that it has discussed collaboration with the Philippine Space Agency (PhilSA) for the laun...

POSCO Int’l teams up with UAE for blue hydrogen

POSCO Int’l teams up with UAE for blue hydrogen

POSCO International Corp. and POSCO Holdings Inc. announced on Wednesday that they signed a strategic collaboration agreement (SCA) with the Abu Dha...

Hanwha Ocean to join Canadian patrol submarine project

Hanwha Ocean to join Canadian patrol submarine project

South Korea's shipbuilder Hanwha Ocean Co. secured a memorandum of understanding (MOU) with four Canadian submarine tech firms at Deep Blue Forum 20...

Naver Cloud to offer edutech service in Mongolia

Naver Cloud to offer edutech service in Mongolia

South Korea's Naver Cloud, the cloud computing arm of Naver Corp., announced on Tuesday it will participate in the Digital Classroom Project of Mong...

HD Hyundai Oilbank changing into eco-friendly energy entity

HD Hyundai Oilbank changing into eco-friendly energy entity

South Korea's HD Hyundai Oilbank is transforming from a petroleum and oil refinery company into an eco-friendly energy entity through diversificatio...

POSCO seeks partnership with CF Industries to produce blue ammonia

POSCO seeks partnership with CF Industries to produce blue ammonia

South Korea’s POSCO Holdings Inc. is seeking to produce blue ammonia in partnership with CF Industries Holdings Inc., the world’s larges...

Samsung’ Galaxy Tab selected as top tablet in Australia

Samsung’ Galaxy Tab selected as top tablet in Australia

Samsung Electronics Co.'s tablet Galaxy Tab has secured the top spot in consumer satisfaction in Australia.According to Samsung Electronics on Monda...

LG CNS to develop AI digital textbook with Mirae N

LG CNS to develop AI digital textbook with Mirae N

South Korea's largest cloud computing service provider LG CNS Co. on Wednesday signed an agreement with Mirae N, an educational content provider, on...

Nexon launches hit RPG Blue Archive in China

Nexon launches hit RPG Blue Archive in China

South Korea’s major game company Nexon Co. on Thursday said it officially released on the Chinese market Blue Archive, a subculture mobile rol...

MyRealTrip launches restaurant reservation service in Japan

MyRealTrip launches restaurant reservation service in Japan

South Korea's travel app MyRealTrip announced that it partnered with the Japanese accommodation and restaurant reservation platform Ikyu, becoming t...

BTS’ Beyond the Story tops NYT bestseller list

BTS’ Beyond the Story tops NYT bestseller list

BTS' first official book "Beyond the Story: 10-Year Record of BTS", published in celebration of 10th Anniversary, topped the New York Times bestse...

E1 to invest $75 mn in Canadian blue ammonia project

E1 to invest $75 mn in Canadian blue ammonia project

South Korea’s major liquefied petroleum gas (LPG) distributor E1 Corp. said on Tuesday its plans of investing 10 million Canadian dollars (US ...

S.Korean game companies to launch new offensive in China

S.Korean game companies to launch new offensive in China

Major South Korean game companies such as Nexon, Netmarble Corp. and Smilegate from this month will roll out new titles on the Chinese market. ...

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