Gochujang, fiery seasonings: K-sauces go viral among adventurous foreign palates

Gochujang, fiery seasonings: K-sauces go viral among adventurous foreign palates

Once an afterthought in the global food trade, South Korea’s signature spices and sauces, ranging from fiery gochujang to fermented doenjang, ...

HD Hyundai on course for $1.55 bn order amid US-China trade war

HD Hyundai on course for $1.55 bn order amid US-China trade war

HD Hyundai Co., the world’s largest shipbuilding group, is emerging as a key beneficiary of the Trump administration’s tariff policies a...

LG takes on Big Tech AI in reasoning with Exaone Deep

LG takes on Big Tech AI in reasoning with Exaone Deep

LG AI Research, the artificial intelligence (AI) research and development unit of South Korea's LG Group, has unveiled Exaone Deep, an open-source A...

Foreigners return to Korean debt market; Korea on course to join WGBI

Foreigners return to Korean debt market; Korea on course to join WGBI

Foreigners scooped up South Korean government bonds in January despite the country’s ongoing political upheavals, betting big on the country&r...

Hyundai, Kia on course for record 2024 US sales, led by SUVs, hybrids

Hyundai, Kia on course for record 2024 US sales, led by SUVs, hybrids

South Korea’s Hyundai Motor Co. and its sister firm Kia Corp. saw their US vehicle sales surge in November, driven by large SUVs, hybrids and ...

Celltrion to break ground on CDMO plant in 2025: Chairman Seo

Celltrion to break ground on CDMO plant in 2025: Chairman Seo

South Korea’s leading biosimilar developer Celltrion Inc. will break ground on its first contract development and manufacturing organization (...

Celltrion’s Remsima on course to become Korea’s 1st blockbuster drug

Celltrion’s Remsima on course to become Korea’s 1st blockbuster drug

Celltrion Inc.'s Remsima, the world’s first biosimilar monoclonal antibody, is on track to exceed 1 trillion won ($713 million) in sales this ...

LG to expand appliance subscriptions to India to speed up leasing business

LG to expand appliance subscriptions to India to speed up leasing business

LG Electronics Inc., the leading global home appliance maker, is considering expanding its subscription service into new overseas markets, such as I...

HD Hyundai, Amogy, SK to co-work on ammonia-hydrogen power

HD Hyundai, Amogy, SK to co-work on ammonia-hydrogen power

South Korea's HD Hyundai Infracore Co. said on Monday it partnered with Amogy Inc., a US-based ammonia-powered systems developer, and SK Innova...

SK E&S mulls sale of real estate to boost clean energy biz

SK E&S mulls sale of real estate to boost clean energy biz

SK E&S Co., the natural gas business unit of South Korea’s SK Group, is considering selling its real estate asset in Seoul, which is expec...

Pulley Campus, Yonsei Univ. to co-work on educational AI services

Pulley Campus, Yonsei Univ. to co-work on educational AI services

Freewheelin, which operates the AI courseware Pulley Campus for university education, said on Friday that it signed an industry-academia cooperation...

BGF Retail, Deeping Source to co-work on smart convenience stores

BGF Retail, Deeping Source to co-work on smart convenience stores

BGF Retail Co., the operator of South Korea’s leading convenience store chain CU, said on Thursday that it signed a memorandum of understand...

Lotte Fine Chemical, JEFA to collaborate on clean ammonia value chain

Lotte Fine Chemical, JEFA to collaborate on clean ammonia value chain

Lotte Fine Chemical Co., a subsidiary of South Korea's Lotte Chemical Corp., said on Friday that it signed a Clean Ammonia Value Chain Agreement (JC...

BGF Retail’s CU looks beyond Kazakhstan deep into Central Asia

BGF Retail’s CU looks beyond Kazakhstan deep into Central Asia

Kazakhstan, a Central Asian country 27 times the area of South Korea, did not have any modernized convenience stores until early this year.The count...

Mercedes, BMW, Audi, VW offer deep discounts amid EV phobia in Korea

Mercedes, BMW, Audi, VW offer deep discounts amid EV phobia in Korea

Imported vehicle dealers in South Korea are offering deep price cuts amid the growing electric vehicle phobia following a Mercedes-Benz EV blaze tha...

Korea's investment forum KIW 2024 kicks off September 9

Korea's investment forum KIW 2024 kicks off September 9

South Korea’s largest investment forum Korea Investment Week 2024 (KIW 2024) will kick off next month in Seoul, drawing around 150 leaders fro...

S.Korea’s economy slows in Q2, but on growth course

S.Korea’s economy slows in Q2, but on growth course

South Korea’s economy unexpectedly slowed in the second quarter on softer private consumption and business investments, reinforcing expectatio...

Samsung buys UK deep tech startup to boost AI business

Samsung buys UK deep tech startup to boost AI business

Samsung Electronics Co., the world’s top mobile phone maker, will acquire Oxford Semantic Technologies, a British deep tech startup, to enhanc...

Hyosung to sell its specialty gas unit for $943 mn to Korean PEs

Hyosung to sell its specialty gas unit for $943 mn to Korean PEs

South Korea’s Hyosung Group is poised to sell a 100% stake in its specialty and industrial gas unit to a consortium led by IMM Private Equity ...

Korea’s edtech startups defend against global giants with AI

Korea’s edtech startups defend against global giants with AI

South Korea’s major online adult education platforms improved their earnings powered by classes on artificial intelligence, defying concerns o...

POSCO restarts furnace after upgrade with smart system

POSCO restarts furnace after upgrade with smart system

POSCO, the world’s seventh-largest steelmaker, on Thursday restarted a blast furnace in South Korea following a revamp applying a smart system...

Hyundai E&C to build S.Korea's first nuclear-linked hydrogen plant

Hyundai E&C to build S.Korea's first nuclear-linked hydrogen plant

South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) will lead a consortium to build the nation's first hydrogen production fa...

Japan golf courses, Korean investors’ new target assets

Japan golf courses, Korean investors’ new target assets

South Korean investors are eyeing Japan’s golf resorts to buy amid the weak yen, rising demand for golf courses in Japan, and relatively low p...

Hanwha Ocean launches large offshore WTIV

Hanwha Ocean launches large offshore WTIV

South Korea's Hanwha Ocean Co. announced on Monday that it launched a large wind turbine installation vessel (WTIV), which it secured an order for f...

SK Hynix mulls HBM production in Japan, US

SK Hynix mulls HBM production in Japan, US

SK Hynix Inc. is investigating the possibility of building a plant for high-bandwidth memory (HBM), vital for generative artificial intelligence, in...

Risk management is more important than ever, GPs say

Risk management is more important than ever, GPs say

Risk management and investment firms' operational capabilities have become more important than ever amid economic uncertainties, said speakers at th...

Cosmax develops smart color matching AI system

Cosmax develops smart color matching AI system

Cosmax Inc., South Korea's largest cosmetics manufacturer specializing in original design manufacturing (ODM), built a makeup product development ...

Doosan to make new fuel cell for hydrogen power plant deals

Doosan to make new fuel cell for hydrogen power plant deals

South Korea’s Doosan Fuel Cell Co. plans to begin mass production of a new phosphoric acid fuel cell (PAFC) model, which is expected to raise ...

HMM enhances maritime safety with AI technology

HMM enhances maritime safety with AI technology

HMM Co., South Korea’s leading sea carrier, announced on Friday its adoption of an advanced AI image analysis solution 'Deep Eyes', aimed at b...

Bet on innovations with societal impact: Kakao Ventures CEO

Bet on innovations with societal impact: Kakao Ventures CEO

In the past 10 years, Kim Ki-jun has been on the hunt for deep technology startups that will have a significant societal impact, and he will continu...

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