Shinsegae, Hana Financial, Bain Capital to finance $438 mn Starfield Cheongna

Shinsegae, Hana Financial, Bain Capital to finance $438 mn Starfield Cheongna

Shinsegae Property, a subsidiary of South Korean retail giant Shinsegae Group, on Tuesday unveiled a 600 billion won ($438 million) investment agree...

Korea signs definitive $19 bn Czech nuclear plant deal after twists and turns

Korea signs definitive $19 bn Czech nuclear plant deal after twists and turns

South Korea has secured its most significant nuclear export deal in over a decade, as a consortium led by Korea Hydro & Nuclear Power (KHNP) cli...

Samsung gears up for foray into space infrastructure industry

Samsung gears up for foray into space infrastructure industry

Samsung Group is stepping up efforts to venture into the space infrastructure industry, a sector analysts say remains a blue ocean where South Korea...

South Korea nears Czech nuclear deal; Doosan, related stocks fly high

South Korea nears Czech nuclear deal; Doosan, related stocks fly high

South Korea’s nuclear energy stocks surged this week as momentum builds around a landmark nuclear power project in the Czech Republic, with in...

Ritz-Carlton to return to Seoul, tapped by IGIS Asset for landmark project

Ritz-Carlton to return to Seoul, tapped by IGIS Asset for landmark project

IGIS Asset Management Co., South Korea’s leading real estate investment firm, has named The Ritz-Carlton the preferred hotel brand for its amb...

KAIST launches Korean rapper G-Dragon’s music into space

KAIST launches Korean rapper G-Dragon’s music into space

The Korea Advanced Institute of Science & Technology (KAIST) has launched the music and iris image of G-Dragon, a Korean rapper and singer-songw...

S.Korea's Han, Trump discuss transactional diplomacy in 1st direct talks

S.Korea's Han, Trump discuss transactional diplomacy in 1st direct talks

South Korea’s Acting President and Prime Minister Han Duck-soo spoke with US President Donald Trump on Tuesday to discuss various issues of mu...

Boryung invests $10 million in Intuitive Machines

Boryung invests $10 million in Intuitive Machines

South Korea's Boryung Corp. said on Friday it bought $10.0 million in shares of US-based lunar lander company Intuitive Machines to expand its space...

SK promotes restructuring keymen to SK On, SK Discovery top posts

SK promotes restructuring keymen to SK On, SK Discovery top posts

SK Group on Thursday promoted the keymen of its business overhauls to top posts at intermediary holding company SK Discovery Co. and battery maker S...

NPS incurs $500 million in missed gains due to improper forex hedging

NPS incurs $500 million in missed gains due to improper forex hedging

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, has likely in...

NPS expects Korea’s WGBI inclusion to attract $56 billion in foreign funds

NPS expects Korea’s WGBI inclusion to attract $56 billion in foreign funds

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, expects some ...

KIC bets on AI-driven value creation: CEO

KIC bets on AI-driven value creation: CEO

Sovereign wealth fund Korea Investment Corporation (KIC) will aggressively explore early investment opportunities in sectors undergoing AI-driven in...

K Bank aims to turn into AI-based investment platform: CEO

K Bank aims to turn into AI-based investment platform: CEO

K Bank, the digital banking unit of South Korean telecom giant KT Corp., aims to turn into an AI-based investment platform after going public later ...

KT, KT SAT, Nara Space to launch satellite data biz

KT, KT SAT, Nara Space to launch satellite data biz

South Korea's KT Corp. said on Monday it will pursue a joint project utilizing satellite data with KT SAT and Nara Space Technology Inc.The plan is ...

Hanwha teams up with Australian startup for space business

Hanwha teams up with Australian startup for space business

South Korea’s Hanwha Aerospace Co. has joined hands with Australian startup Gilmour Space Technologies in the space business, bolstering coope...

Kia ranks first in customer satisfaction in India

Kia ranks first in customer satisfaction in India

Kia Corp. said on Tuesday that it ranked first in the mass-market brand category in the customer experience index survey recently released by India'...

Samsung strives to prevent musculoskeletal disorders in the workplace

Samsung strives to prevent musculoskeletal disorders in the workplace

Samsung Electronics Co., the world’s largest memory chipmaker, is striving to prevent musculoskeletal disorders (MSDs) in its workplace to imp...

Daewoo E&C reorganizes its nuclear-related division

Daewoo E&C reorganizes its nuclear-related division

South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) has expanded and reorganized its nuclear-related division following its sel...

IGIS, Naver Labs to develop tech convergence space platform

IGIS, Naver Labs to develop tech convergence space platform

South Korea’s IGIS Asset Management Co. said on Wednesday that it signed a memorandum of understanding (MOU) with six companies, including Nav...

YC-backed Relate defies conventional wisdom for deeper integration

YC-backed Relate defies conventional wisdom for deeper integration

It may look like David versus Goliath, but Y Combinator-backed Relate has found a sweet spot where it can beat Salesforce in the sales customer rela...

Mastern, Woods Capital team up for tech hub

Mastern, Woods Capital team up for tech hub

Mastern Investment Management Co., South Korea's real estate investment firm, said on Monday that its US subsidiary Mastern America LLC signed a mem...

Hanwha completes Australia plant for howitzers, armored vehicles

Hanwha completes Australia plant for howitzers, armored vehicles

South Korea’s Hanwha Aerospace Co. has completed building its first overseas plant — producing howitzers and ammunition carriers in Aust...

Hanwha Systems, Airbus to jointly develop space solar cells

Hanwha Systems, Airbus to jointly develop space solar cells

Flexell Space, South Korea's Hanwha Systems Co.'s in-house venture, said on Thursday that it signed a letter of intent (LOI) with Germany's Airbus D...

TelePIX launches AI processor for satellites

TelePIX launches AI processor for satellites

The South Korean satellite startup TelePIX announced on Monday that it sent its high-performance artificial intelligence (AI) processor for satellit...

Korea opens probe into Woori's loans to ex-chair's relatives

Korea opens probe into Woori's loans to ex-chair's relatives

South Korea’s financial watchdog agency said on Sunday it has found that Woori Financial Group, the country's fourth-largest financial holding...

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...

GS Caltex to capture and utilize carbon with own technology

GS Caltex to capture and utilize carbon with own technology

South Korea's GS Caltex Corp. will launch a carbon capture and utilization (CCU) project in collaboration with South Jeolla Province and Yeosu City ...

Hanwha, Univ. of Surrey to team up for space business

Hanwha, Univ. of Surrey to team up for space business

Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, announced on Friday that it signed a memorandum of understan...

Hana Bank, SK Telecom to support AI startups

Hana Bank, SK Telecom to support AI startups

South Korea's Hana Bank and SK Telecom Co. held the final selection and inauguration ceremony for the second AI Startup Accelerator BootCamp at Spar...

Mirae Asset's India Billion Consumer ETF surpasses $150 mn in net assets

Mirae Asset's India Billion Consumer ETF surpasses $150 mn in net assets

South Korea's Mirae Asset Global Investments said on Thursday that the net assets of its TIGER India Billion Consumer ETF surpassed 200 billion wo...

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