South Korea becomes super-aged society faster than expected

South Korea becomes super-aged society faster than expected

One in five South Koreans is now 65 years old or older as the Asian country grapples with the demographic challenge of a rapidly aging population an...

HD Hyundai gets global ship cyber security certifications

HD Hyundai gets global ship cyber security certifications

South Korea's HD Hyundai Co. announced on Tuesday that it obtained Approval In Principle (AiP) for its ship cyber security technology from the world...

Chanel halts boutique operation over Gucci pop-up store

Chanel halts boutique operation over Gucci pop-up store

French luxury brand Chanel abruptly suspended the operation of its boutique in the section of high-end brands within Galleria Department Store in an...

Hanwha Ocean to design digital vessels with ABS

Hanwha Ocean to design digital vessels with ABS

South Korea’s Hanwha Ocean Co. on Sunday announced its conclusion of a basic accord with the Houston-based American Bureau of Shipping (ABS) t...

Gucci cedes throne to Chanel in Korean used luxury market

Gucci cedes throne to Chanel in Korean used luxury market

Italian luxury brand Gucci gave up the throne to French fashion powerhouse Chanel in the South Korean used designer goods market as more customers a...

S.Korean academics to verify truth of room-temperature superconductor

S.Korean academics to verify truth of room-temperature superconductor

The Korean Society of Superconductivity and Cryogenics has recently established a verification committee composed of experts in response to the ongo...

Gucci invites S.Korean artist to horsebit 70th anniversary exhibition

Gucci invites S.Korean artist to horsebit 70th anniversary exhibition

The Gucci horsebit loafer, one of the most iconic products of the Italian luxury brand, is celebrating its 70th anniversary. The horsebit loafer is ...

Night at Korean royal palace brims with stars and Gucci fashion

Night at Korean royal palace brims with stars and Gucci fashion

Seoul has again grabbed the attention of global fashionistas as Italian fashion house Gucci on Tuesday night finally staged its belated Korean fashi...

Samsung Display's QD-OLED wins SID award

Samsung Display's QD-OLED wins SID award

South Korea's Samsung Display announced on Wednesday that its quantum-dot organic light emitting diode (QD-OLED) product received "Displays of the Y...

Gucci picks Korean royal palace for 2024 collection

Gucci picks Korean royal palace for 2024 collection

Seoul is emerging as a new venue for global luxury brands’ fight for pride, with Louis Vuitton and Gucci set to unveil their new fashion colle...

MBK Partners eyes China’s local consumption: Letter to investors

MBK Partners eyes China’s local consumption: Letter to investors

Private equity giant MBK Partners focused on defending its portfolio last year, especially Chinese companies during the lockdown, while being active...

S.Korea's elderly population to exceed 10 million in 2024

S.Korea's elderly population to exceed 10 million in 2024

The number of people in South Korea aged 65 or over next year is expected to break 10 million, with the country to enter an era in which 20% of the ...

Samsung Heavy receives approval from US on gas recovery system

Samsung Heavy receives approval from US on gas recovery system

Samsung Heavy Industries, a major shipbuilder in South Korea, said on Tuesday that its boil-off gas recovery system (BReS) for LNG-powered vessels h...

Shilla Duty Free offers metaverse Gucci Beauty class

Shilla Duty Free offers metaverse Gucci Beauty class

Shilla Duty Free, Korea's leading duty-free shop chain, is opening a metaverse beauty class in collaboration with Gucci Beauty.The company will intr...

Korean American women leaders in finance stress finding joy in work

Korean American women leaders in finance stress finding joy in work

NEW YORK – One by one, impeccably dressed Korean American women flocked into the Anchorage Capital Group’s headquarters in New York City...

Gucci to hold Alessandro Michele-directed show at Korean royal palace

Gucci to hold Alessandro Michele-directed show at Korean royal palace

Italian luxury fashion house Gucci will hold a fashion show choreographed by its famous creative director Alessandro Michele at a South Korean royal...

Business magnates' startup investment fraternity V-Society going strong

Business magnates' startup investment fraternity V-Society going strong

Back in August 2000, a fraternity of domestic business magnates’ children and startup entrepreneurs named V-Society was founded. The frat...

Gucci to open world’s fourth Osteria restaurant in Seoul

Gucci to open world’s fourth Osteria restaurant in Seoul

Seoulites are set to enjoy Gucci’s fine-dining experience from later this month.The Italian luxury fashion house said on Wednesday it will ope...

Netflix’s Squid Game slammed by Kim Jong-un’s propagandists as ‘beastly’

Netflix’s Squid Game slammed by Kim Jong-un’s propagandists as ‘beastly’

SEOUL—“Squid Game,” Netflix Inc.’s dystopian drama set in South Korea, is the top-watched show in more than 9...

Giving away patents not in line with capitalist society

Giving away patents not in line with capitalist society

WASHINGTON D.C. -- US-based biotechnology company Moderna Inc. wasn’t a household name until the beginning of last year, when its fate changed...

Hyundai Motor’s Chung Euisun: Vision 2040 for hydrogen society

Hyundai Motor’s Chung Euisun: Vision 2040 for hydrogen society

South Korea’s Hyundai Motor Group has set out its vision for a hydrogen society, in which the clean energy source is harnessed not just for tr...

Korean ATM maker hits jackpot abroad in cashless society

Korean ATM maker hits jackpot abroad in cashless society

Sberbank of Russia, the country's No.1 bank, unveiled its cutting-edge automated teller machine (ATM) last month in a virtual event. The newly reveale...

Yes, it’s K-beauty: Buying interest for makeup brands runs high even before they're up for sale 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