KPop Demon Hunters OST lands at No.6 on Billboard Hot 100
The original soundtrack Golden from Netflix’s hit animated movie KPop Demon Hunters has made chart history, becoming the first track by a virt...
Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media
What was once a world of elves, dragons and power-ups is now giving rise to one of South Korea’s most unexpected tech revolutions, with game s...
Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age
In a dramatic showing on the famed hill climb of West Sussex, Hyundai Motor Co. on Thursday debuted the IONIQ 6 N, its second high-performance elect...
Hong Kong-based CLSA to invest $36.6 mn in K-Beauty pioneer Jungsaemmool Beauty
Hong Kong-based private equity firm CLSA Capital Partners Ltd. has been picked as a preferred bidder to invest 50 billion won ($36.6 million) in Jun...
Hyundai Rotem seals record $6.5 bn K2 tank deal with Poland
Hyundai Rotem Co., a South Korean defense system developer, will export its battle tanks to Poland in what would be the largest single export deal f...
South Korea unveils $14.6 billion 2nd extra budget to spur growth
South Korea’s new administration on Thursday proposed an additional 20.2 trillion won ($14.6 billion) extra government spending to stimulate d...
Seoul agrees to reduce Jakarta’s KF-21 cost share by two thirds
South Korea has finally agreed to reduce Indonesia’s contribution to their joint KF-21 fighter jet development project by two thirds to 600 bi...
Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
Hyundai Rotem Co., a South Korean defense company, is set to finalize a tank supply contract with Poland, with the deal's value nearly doubling &nda...
Hanwha Q Cells eyes tandem cell mass production in 2027
Hanwha Q Cells Co., the solar panel manufacturing unit of South Korea's Hanwha Solutions Corp., is expected to commercialize tandem modules by 2027,...
Seoul’s prime office transactions rise 6% in Q1 despite weak sentiment
Despite mounting economic headwinds and heightened investor caution, the prime office market in Seoul posted a modest recovery in the first quarter,...
Bain Capital sells 6% stake in Korea’s Classys via block deal for $163 million
Bain Capital LP has offloaded a 6% stake in South Korean medical aesthetics company Classys Inc. through a block trade, raising 228 billion won ($16...
South Korea’s Rznomics inks $1.3 bn out-licensing deal with Eli Lilly
Rznomics Inc., a South Korean RNA therapeutics developer, has signed an agreement worth more than $1.3 billion with US pharmaceutical giant Eli Lill...
Hanwha's 'Sea Ghost' makes waves as Greece eyes unmanned naval tech
GEOJE, South Korea – Under a slate-grey sky at the quiet port of Jangmok on South Korea’s southern coast, a sleek, 12-meter vessel slipp...
Dawn delivery pioneer Kurly posts 1st-ever quarterly profit
Kurly Inc., a pioneer in South Korea’s dawn delivery market, has posted its first-ever quarterly profit, bucking a slowdown in private consump...
South Korea asks US for tailored approach to chip tariffs
South Korea has officially requested that the US take a distinct approach in its ongoing probe into foreign semiconductor technology and related dow...
SK Hynix makes strides in CXL technology, escalating rivalry
SK Hynix Inc., the leading global high-bandwidth memory (HBM) chip provider, has moved faster than its rivals in the commercialization of the next-g...
S.Korea’s Krafton to nurture 6 new game studios in India
Krafton Inc., the publisher of global mega-hit “PlayerUnknown’s Battlegrounds” (PUBG), has selected six new Indian game studios to...
Hanwha Aerospace slashes planned rights offering size to $1.6 billion
Hanwha Aerospace Co., a leading South Korean defense company, said on Tuesday it plans to slash the size of its proposed rights offering to 2.3 tril...
IFEZ posts 2nd-highest FDI performance with $309.6 million in Q1
The Incheon Free Economic Zone (IFEZ) Authority said on Monday that it attracted $309.6 million in reported foreign direct investment (FDI) in the f...
Korea, China, Japan resume FTA talks after 6-year hiatus
South Korea held an economic ministers’ meeting with China and Japan on Sunday to discuss cooperation, including resuming negotiations about a...
Samsung Heavy makes breakthrough in FLNG liquefaction technology
Samsung Heavy Industries Co., a major Korean shipbuilder, has made a breakthrough in its liquefaction technology for floating liquefied natural gas ...
Hanwha wins $1.6 billion order to build 6 container ships for Evergreen
Hanwha Ocean Co., a leading South Korean shipbuilder, said on Monday it has won a 2.33 trillion won ($1.61 billion) order to build six eco-friendly,...
NPS to buy stake in Australia’s Metrics to expand alternative investments
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has agreed to buy a stake in Australian asset mana...
Celltrion to cancel $140 mn in treasury shares, stock up
South Korea’s leading biosimilar drug developer Celltrion Inc. announced on Friday a plan to cancel $140 million worth of treasury shares to i...
Samsung E&A buys Norwegian Nel stake for hydrogen business push
South Korea’s Samsung E&A Co. has purchased a stake in Norway’s hydrogen technology company Nel ASA at 47.6 billion won ($32.8 milli...
Hanwha develops cutting-edge stealth paint for next-generation warships
Hanwha Ocean Co., a leading South Korean warship builder, has developed and tested an advanced stealth paint designed for the country’s KDDX n...
HD Hyundai, Palantir chiefs discuss AI shipyard, defense technology
Chung Kisun, executive vice chairman of the world’s largest shipbuilder HD Hyundai Co., has met with Alex Karp, CEO of Palantir Technologies I...
Hankook Tire, Lamborghini strengthen ties as chairmen set to meet
Cho Hyun-bum, chairman of Hankook & Company Co., the holding firm of South Korea’s largest tire maker Hankook Tire & Technology Co., i...
Hyundai Rotem inks $1.5 bn Morocco train supply deal
South Korea’s Hyundai Rotem Co. said on Wednesday it has won a 2.2 trillion won ($1.5 billion) train order from Morocco, the biggest single de...
S.Korea’s defense order backlog reaches record $73.1 billion at end-2024
South Korea’s seven major defense companies saw their combined order backlog reach a record 105.6 trillion won ($73.1 billion) at the end of 2...
