Samsung to thrash out strategy amid Trump, Middle East crisis
Samsung Electronics Co., South Korea’s most valuable company, is convening its most senior executives this week to plot its path back to the t...
Shinsegae Chair Chung joins Trump’s Middle East tour
Chung Yong-jin, chairman of South Korea’s retail group Shinsegae Inc., is the only Korean businessperson accompanying US President Donald Trum...
Exports of Korea-made used cars to hit record high in 2025
South Korea’s exports of used cars by its homegrown auto brands are expected to hit a historic high this year, thanks to their improved brand ...
K-beauty defies trade headwinds as exports to China, US lead sales growth
South Korea’s beauty industry is mounting a powerful global push, defying trade pressures and economic uncertainties with a surge in exports t...
KIC explores Europe middle-market private equity opportunities
The Korea Investment Corporation (KIC) on Monday explored investment opportunities in Europe’s middle-market private equity sector with other ...
Middle East: New land of opportunity for Korean medical devices
South Korea is making inroads into the Middle East's medical device market dominated by the US and Europe, aiming to leverage the region’s str...
Hanwha Aerospace nears $276 million K9 howitzer deal with Vietnam
South Korea’s Hanwha Aerospace Co. is close to signing a 400 billion won ($276 million) deal to export as many as 30 units of the K9 Thunder s...
S.Korean startup accelerators to boost overseas biz
South Korean accelerators (ACs) are turning to Southeast Asia and the Middle East market to support startups and expand their reach.ACs, companies t...
POSCO Int'l starts commissioning of Senex Energy gas facility
South Korea's POSCO International Corp. said on Monday it has begun commissioning its first gas processing facility at Senex Energy’s Atlas ...
Hanwha Systems, HJ S&C to enter overseas naval vessel market
South Korea's Hanwha Systems Co. said on Tuesday that it signed a memorandum of understanding (MOU) with HJ Shipbuilding & Construction Co. to...
Kia debuts Tasman to target $333 bn global pickup truck market
JEDDAH, Saudi Arabia -- Kia Corp., South Korea’s second-largest automaker, on Tuesday premiered the Tasman, its first pickup truck to target t...
Korean food makers set sights on Europe with vegan, sugar-free offerings
PARIS – South Korean food companies such as Pulmuone Corp., Lotte Wellfood Co., Ottogi Corp. and Maeil Dairies Co. are gearing up for their ex...
North Korean Troops Train in Russia as Moscow Deepens War Coalition
North Korea has sent hundreds of special forces to eastern Russia for training in recent weeks, according to South Korea’s main intelligence a...
Hyundai to launch India’s largest $3.3 bn IPO next week
Hyundai Motor Co.'s Indian subsidiary said on Wednesday it is set to launch its initial public offering, the largest listing in the country, next we...
LG Uplus, GSMA sign Open Gateway agreement
South Korea's LG Uplus Corp. said on Monday that it signed an agreement with the Global System for Mobile Communications Association (GSMA) to parti...
Naver to set up Middle Eastern headquarters in Saudi Arabia
Naver Corp., which has been actively seeking to unlock opportunities in the Middle East with its new growth engines artificial intelligence, cloud a...
HD Hyundai to supply shaft generator for Middle Eastern firm
South Korea's HD Hyundai Marine Solution Co. secured a $37 million contract to supply shaft generator systems for 17 liquefied natural gas (LNG) car...
S.Korea’s LIG Nex1, Iraq set for $2.6 billion deal on M-SAM missile system
Iraq has decided to import South Korean-made mid-range surface-to-air missile (M-SAM) system II, known as Cheongung II, in a deal estimated at $2.6 ...
Taihan Cable completes 1st optical cable plant in Kuwait
Taihan Cable & Solution Co. said on Tuesday it has completed the first fiber optic cable factory in Kuwait, in a joint project with Rank General...
Slowing economy creates opportunity for S. Korean used car sellers
South Korea’s used car sellers hope to take advantage of the slowing economic growth at home and abroad to expand their market shares.Lotte Re...
Lotte Rental establishes UAE subsidiary
South Korea's Lotte Rental Co. said on Thursday that it established an overseas subsidiary in Dubai, United Arab Emirates (UAE), to boost the expo...
LG CNS, Aeon to collaborate on EdTech in Japan
South Korea's LG CNS announced on Thursday it signed a memorandum of understanding (MOU) with Aeon, an education company operating over 300 direct l...
Taihan Cable wins $137 mn long-term contract in US
South Korea's Taihan Cable & Solution Co. announced on Thursday that its US sales subsidiary T.E.USA has secured a long-term contract worth 190 ...
SK Telecom launches In-flight wi-fi service
South Korea's SK Telecom Co. announced on Wednesday that it launched the T In-flight wi-fi service.This service will initially be available on six a...
Value in the middle market: Smaller size means greater potential
Middle market direct lending can mean different things to different lenders and investors. Many, if not most, would agree that companies with over $...
UAE to invest up to $1 bn in S.Korean ventures
The United Arab Emirates is set to invest a maximum of $1 billion in South Korean startups via a joint venture, as a part of its mid- to long-term p...
LG Electronics hosts 'LG Showcase 2024' in UAE
LG Electronics Inc. announced on Friday that it hosted a new product showcase event called "LG Showcase 2024" in Abu Dhabi, United Arab Emirates, fr...
HK inno.N to release K-CAB in MENA market
South Korean bio-health company HK inno.N announced on Tuesday that it signed a contract with Saudi Arabian local pharmaceutical company Tabuk Pharm...
Korean won at 17-month low on Middle East woes, Fed rate view
The South Korean won currency on Tuesday fell to its weakest level in 17 months, briefly touching the psychologically important 1,400 per dollar lev...
Paradigm Shift attracts $290k seed bridge investment
Paradigm Shift, the operator of the exercise diary app for middle-aged women Heroines, announced on Monday that it attracted a seed bridge investm...
