HD Hyundai seeks to acquire Leeyoung to prepare for shipbuilding boom

HD Hyundai seeks to acquire Leeyoung to prepare for shipbuilding boom

South Korea’s HD Hyundai Heavy Industries Co. is seeking to acquire Leeyoung Industrial Machinery Co., a domestic shipbuilding equipment maker...

Hyundai Mobis develops integrated module for EV front face

Hyundai Mobis develops integrated module for EV front face

Hyundai Mobis Co., the world’s sixth-largest automotive parts maker, known as Mobis outside of its home South Korea, announced Thursday that i...

Hyundai, Kia unveil snow tire-transforming technology

 Hyundai, Kia unveil snow tire-transforming technology

Hyundai Motor Co. and Kia Corp. unveiled a tire technology that can transform regular tires into snow tires with the simple push of a button, the co...

Samyang to make EV part from recycled fishing nets

Samyang to make EV part from recycled fishing nets

South Korean chemical and food company Samyang Corp. has begun developing eco-friendly and lightweight parts for electric vehicles (EV) by expanding...

SK Ecoplant, S.Korean startup to recycle waste fishing nets in SE Asia

SK Ecoplant, S.Korean startup to recycle waste fishing nets in SE Asia

South Korea’s top waste management company SK Ecoplant has joined forces with Netspa, a Busan-based startup for recycling waste fishing nets, ...

Bread mimicking S.Korean penny embroiled in design theft controversy

Bread mimicking S.Korean penny embroiled in design theft controversy

The Bank of Korea (BOK) has announced that it is in talks with companies to change the design of the “Gyeongju 10 won bread,” which rece...

CJ OliveNetworks to build pharmaceutical distribution center

CJ OliveNetworks to build pharmaceutical distribution center

South Korean digital service company CJ OliveNetworks is accelerating its logistics center operations by teaming up with Pusan National University Y...

S.Korea's fisheries ministry to transfer tech on Napoleon fish to SE Asia

S.Korea's fisheries ministry to transfer tech on Napoleon fish to SE Asia

South Korea's Ministry of Oceans and Fisheries will transfer technology to Indonesia on farming the tropical Napoleon fish and reduce sea pollution ...

KT signs agreement with O2 Company on smart fish farming

KT signs agreement with O2 Company on smart fish farming

KT Corp., a South Korean telecom giant, plans to advance into the sea farming business.KT said on Sunday it had signed a business agreement with O2 ...

South Korean burger franchise Lotteria looks to the US for expansion

South Korean burger franchise Lotteria looks to the US for expansion

South Korea’s fast food franchise Lotteria is planning to enter the United States, home to the world’s best-known burger franchises.&nbs...

What is a smart city? Hyundai Motor Group has a few ideas

What is a smart city? Hyundai Motor Group has a few ideas

Hyundai Motor Group on Monday released the results of its research project for smart cities in an online exhibition.In collaboration with the firm H...

Lab-grown fish, smart pillow: LG’s choices for future

Lab-grown fish, smart pillow: LG’s choices for future

Startups making lab-cultured seafood, smart pillows and others showcased their innovative products at an exhibition hosted by LG Group, South Korea&...

Drones, AI, big data power Korean fisheries’ earnings

Drones, AI, big data power Korean fisheries’ earnings

The Jubilee, a 2,200-ton tuna fishing vessel operated by South Korea’s leading fishing company Dongwon Industries Co., has been using drones t...

Moon boats light up the birthplace of Korean Confucianism

Moon boats light up the birthplace of Korean Confucianism

Riding a crescent moon-shaped boat that changes colors is a must-do experience in the small South Korean city of Andong, 190 km southeast of Seoul.T...

Korea Investment completes Indonesian fishing firm's IPO

Korea Investment completes Indonesian fishing firm's IPO

South Korea’s Korea Investment & Securities Co. (KIS) said on Thursday it has completed the listing of PT Cilacap Samudera Fishing Industr...

Global airlines raise flights to pre-COVID levels on border reopening

Global airlines raise flights to pre-COVID levels on border reopening

Global airlines are increasing flights to pre-pandemic levels as countries worldwide are opening up their borders to support the tourism sector, ram...

Live commerce platforms like Grip to keep growing in Asia Pacific: Google

Live commerce platforms like Grip to keep growing in Asia Pacific: Google

In April 2021, there were some 200 unicorns in the Asia Pacific region, second only to the United States which had 290 startups each valued at $1 bi...

SoftPV thinks outside the box to make marble-like modules

SoftPV thinks outside the box to make marble-like modules

The solar energy sector is enjoying renewed interest on the back of growing interest by investors in companies with good ESG (Environmental, Social,...

South Korea moves to join CPTPP free trade pact as China fears ease

South Korea moves to join CPTPP free trade pact as China fears ease

South Korea has officially declared its plan to join a mega Trans-Pacific free trade deal, called the CPTPP, following China’s application to ...

Hanon sale takes shape; Valeo, Mahle, LG among potential bidders

Hanon sale takes shape; Valeo, Mahle, LG among potential bidders

The much-touted sale of South Korea’s Hanon Systems Corp. is taking solid shape with names of potential bidders floating around in the market ...

Chips, autos set S.Korea’s May export growth at fastest pace in 32 years

 Chips, autos set S.Korea’s May export growth at fastest pace in 32 years

South Korea’s exports surged to the highest level in over 32 years in May on the back of strong demand for semiconductors and automobiles, rei...

BOK raises growth view as it holds rate, warns against V-shaped recovery

BOK raises growth view as it holds rate, warns against V-shaped recovery

The Bank of Korea has raised its growth forecast for this year and next, citing advances in vaccine development and a rebound in exports, after keep...

‘Tis the season for fish

‘Tis the season for fish

Autumn is already upon us. The air is crisp and cool. The sun still brings warmth. The brilliant red, orange and yellow foliage creates an artistic ...

LG launches world's first rotatable T-shaped smartphone

LG launches world's first rotatable T-shaped smartphone

LG Electronics Inc. unveiled its new smartphone LG Wing on Sept. 14 in an online event, the first product rolled out under the company’s Explore...

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