S.Korea imports Canadian oil for 1st time under Trump's 2nd term

South Korea has imported crude oil from Canada for the first time amid escalating tariff tensions between the US and Canada since Donald Trump's ret...

LVMH, OpenAI, LG deepen ties with S. Korean startups   

South Korean startups and established corporations are seeking to deepen their partnerships to ensure win-win outcomes, by tapping into funds and ot...

LG Electronics mulls Indian IPO, to invest in HVAC, webOS content: CEO

LG Electronics Inc., a leading South Korean home appliance maker, is considering an initial public offering of its Indian business to help achieve a...

Samsung, Trek Bicycle launch Ultra Riding Challenge

Samsung Electronics Co. said on Tuesday that it launched the Ultra Riding Challenge in collaboration with global bicycle brand Trek Bicycle, offerin...

South Korean stocks rebound but still on rollercoaster

South Korean stocks on Tuesday recouped some of their hefty losses caused by the previous day's global panic selling after financial authorities iss...

Activist fund KCGI to buy Hanyang Securities for $180 mn

South Korean private equity firm KCGI Co. is expected to acquire local brokerage house Hanyang Securities Co. for 244.9 billion won ($179.8 million)...

Asia's largest startup fair NextRise 2024 held in Seoul

The Korea International Trade Association and Korea Development Bank announced on Thursday that the Asia's largest startup fair "NextRise 2024 Seoul...

Samsung’s The Frame selected as display for Art Basel

Samsung Electronics Co. announced on Tuesday that its TV The Frame was selected as the first official display for the world's largest art fair Art B...

SK Hynix works on next-generation HBM chip supply plans for 2025

South Korea’s SK Hynix Inc. said on Thursday it is working on next year’s supply plans for its high-bandwidth memory (HBM) chips as clie...

Niche real asset creates new opportunities, Korean investors say

The scope of real assets is expanding with new businesses such as infrastructure operating services and supply chain management, creating niche oppo...

S.Korea’s largest startup fair NextRise to be held in June

The Korea International Trade Association announced on Tuesday that the largest domestic startup fair in South Korea, NextRise 2024 Seoul," will be ...

Louis Vuitton opens its first 'Watches & Jewelry' store in S.Korea

Louis Vuitton announced on Friday that it opened its first Watches & Jewelry store in South Korea at the Shinsegae Department Store Gangnam loca...

Sephora to exit S.Korean market in May

Sephora, the world's leading multi-brand beauty retailer and an affiliate of French luxury conglomerate LVMH, announced on Tuesday that it will exit...

S.Koreans watch YouTube over 40 hours a month

South Koreans spend more than 40 hours per month on YouTube, according to the study on Monday.Wiseapp·Retail·Goods, the domestic appli...

Samsung to unveil its first Galaxy Ring at MWC 2024

BARCELONA - Samsung Electronics Co. is set to unveil its new health biometric tracker Galaxy Ring at the Mobile World Congress (MWC) in Barcelona. T...

Watchmaker TAG Heuer launches direct operations in S.Korea

Swiss watchmaker TAG Heuer S.A. is set to launch direct operations in South Korea, the world’s seventh-largest luxury market in terms of sales...

Investors roundtable: Watch out for a possible recession

Investors should carefully watch out for the probability of recession and how it will impact asset allocation strategies next year, experts said at ...

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...

Samsung, UMich to research on Galaxy Watch’s fitness feature

Samsung Electronics Co. announced on Wednesday that it is conducting research in collaboration with the University of Michigan to enhance fitness fe...

Disney Plus movin’ on up in Korea with hit K-drama series 'Moving'

Disney Plus, a global over-the-top (OTT) streaming service provider, is rapidly enhancing its presence in South Korea, with its latest original seri...

Forbes selects nine S.Korean startups as Asia 100 to Watch

Nine South Korean startups have made it to the "Forbes Asia 100 to Watch 2023" list.According to Forbes on Tuesday, the following companies were sel...

Samsung’s latest Galaxy smartphones, watches hit global markets

Samsung Electronics Co.'s latest models of its flagship Galaxy series of smartphones, watches and tablets have begun hitting the shelves of the comp...

SSG.Com announces global first launch of Piaget's new watch

SSG.COM, the e-commerce platform of South Korean retail heavyweight Shinsegae Inc., revealed on Tuesday its exclusive introduction of Swiss luxury b...

IMM PE seeks to sell Korean contract drugmaker at $784 mn

IMM Private Equity has put a South Korean contract drugmaker on the market for up to 1 trillion won ($784 million) in a deal likely to attract major...

TPG to fully acquire cosmetics container firm Samhwa at around $237 mn

Texas-based private equity firm TPG Inc. is poised to fully acquire Samhwa Co., a South Korean cosmetic packaging supplier to global beauty powerhou...

Samsung Display to dump entire stake in LCD equipment maker

South Korea’s Samsung Display Co. is set to sell its stake in a domestic liquid crystal display equipment maker as the unit of global tech gia...

Galaxy Watch's alarm of abnormal heartbeat gets approval in S.Korea

Samsung Electronics Co.'s new feature on the Galaxy Watch, which detects heartbeats and alerts the possibility of risks such as arrhythmia, can now ...

Breitling launches 2nd Korea limited edition watch in 2023

Breitling, a luxury Swiss watchmaker, has launched a limited edition of one of its flagship models, the Chronomat B01 24, in South Korea, marking th...

Samsung unveils new Galaxy Watch OS with enhanced sleep management

Samsung Electronics Co. revealed on Thursday its new operating system, One UI Watch 5, for its Galaxy Watch series. The updated OS includes improved...

Chanel watches make world's 1st online debut in Korea

Chanel watches have made their online debut through South Korea's leading platform SSG.COM, becoming the French brand’s first launch of fashio...