At home, K-convenience stores battle stagnation; abroad they're powerful K-food ambassadors

At home, K-convenience stores battle stagnation; abroad they're powerful K-food ambassadors

In the bustling backstreets of Ulaanbaatar, shoppers file out of a CU convenience store with instant tteokbokki, or simmered Korean rice cake, packs...

S.Korea’s No.1 dried seaweed firm Kwangcheonkim on market for $295 mn

S.Korea’s No.1 dried seaweed firm Kwangcheonkim on market for $295 mn

Kwangcheonkim Co., South Korea’s largest seaweed producer with a history spanning over 50 years, is up for grabs in a deal that could fetch up...

Ex-TSMC executive joins Samsung Foundry to lead US expansion

Ex-TSMC executive joins Samsung Foundry to lead US expansion

Samsung Electronics Co. has brought a former Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) executive on board to lead its North American fo...

Samsung to equip Galaxy Z Flip7 with Exynos AP at home

Samsung to equip Galaxy Z Flip7 with Exynos AP at home

Samsung Electronics Co. plans to power its upcoming foldable smartphone with its new in-house application processor (AP), marking a significant step...

Rental housing gains appeal amid supply crunch: asset managers

Rental housing gains appeal amid supply crunch: asset managers

The rental housing markets in the US, Europe and Australia present attractive investment opportunities as persistent supply shortages and rising urb...

LG Electronics breaks ground on $600 mn home appliance plant in India

LG Electronics breaks ground on $600 mn home appliance plant in India

South Korea’s LG Electronics Inc. has broken ground on its third home appliance manufacturing plant in India with a $600 million investment to...

Korea Investment & Securities deepens global ties with 2nd IR in New York

Korea Investment & Securities deepens global ties with 2nd IR in New York

Korea Investment & Securities Co. (KIS), the brokerage unit of Korea Investment Holdings Co., said on Wednesday it hosted its flagship investor ...

Samsung steps up AR race with advanced microdisplay for smart glasses

Samsung steps up AR race with advanced microdisplay for smart glasses

Samsung Electronics Co. has launched a major push into next-generation microdisplays for augmented reality (AR) glasses as it aims to position itsel...

Orion behind original Choco Pie to invest $580 million in new plants

Orion behind original Choco Pie to invest $580 million in new plants

Orion Corp., a South Korean confectionery and snack manufacturer, will inject 830 billion won ($580 million) over three years to expand snack manufa...

Samsung, Google to unveil smart glasses next year in deeper AI alliance

Samsung, Google to unveil smart glasses next year in deeper AI alliance

Samsung Electronics Co. and Google LLC are strengthening their long-standing alliance as the artificial intelligence (AI) era redefines the balance ...

Hyundai-owned Boston Dynamics’ Spot embarks on public safety missions

Hyundai-owned Boston Dynamics’ Spot embarks on public safety missions

Spot, a quadruped robot developed by Boston Dynamics Inc., will aid defense and safety agencies in Australia, New Zealand and Indonesia to assist in...

Korea’s WGBI inclusion moved to next April; Seoul works on policy steps

Korea’s WGBI inclusion moved to next April; Seoul works on policy steps

South Korea’s much-anticipated inclusion of its bonds in the FTSE World Government Bond Index (WGBI) has been postponed to April 2026 from Nov...

Samsung Electronics' TV guru Han Jong-hee dies of cardiac arrest at 63

Samsung Electronics' TV guru Han Jong-hee dies of cardiac arrest at 63

Han Jong-hee, vice chairman and co-chief executive of Samsung Electronics Co., has died from cardiac arrest, the company said on Tuesday. He was 63....

LG Electronics restarts home appliance plant in Russia

LG Electronics restarts home appliance plant in Russia

LG Electronics Inc. has resumed operations at its home appliance plant in Russia amid prospects of a ceasefire between Russia and Ukraine, signaling...

S.Korea wary of inclusion on US ‘Dirty 15’ nations list for reciprocal tariffs

S.Korea wary of inclusion on US ‘Dirty 15’ nations list for reciprocal tariffs

WASHINGTON, D.C. – The US government plans to unveil country-specific reciprocal tariffs on April 2, with particular attention to nations impo...

HD Hyundai, TerraPower to commercialize next-gen SMR

HD Hyundai, TerraPower to commercialize next-gen SMR

South Korea’s largest shipbuilder, HD Hyundai Heavy Industries Co., is deepening its partnership with TerraPower LLC, the US nuclear venture f...

Korea to create new visa for high-quality foreign talent

Korea to create new visa for high-quality foreign talent

South Korea said on Wednesday it plans to create a new visa to attract high-level foreign talent for advanced industries such as artificial intellig...

HD Hyundai, Hanwha Ocean to jointly bid for high-stakes warship deals

HD Hyundai, Hanwha Ocean to jointly bid for high-stakes warship deals

South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. – have agreed to join forces to pur...

Hyundai Motor taps ex-CPPIB private equity head Suyi Kim for board role

Hyundai Motor taps ex-CPPIB private equity head Suyi Kim for board role

Hyundai Motor Co. has tapped Suyi Kim, former private equity head of the Canada Pension Plan Investment Board (CPPIB) and Benjamin Tan, an ex-portfo...

Naver Webtoon's Stagtown to be cinematized by Hollywood

Naver Webtoon's Stagtown to be cinematized by Hollywood

South Korea's Naver Webtoon said on Thursday its horror series Stagtown, popular in the US, will be made into a movie by Hollywood.Stagtown was di...

HD Hyundai Electric to invest $274 mn in transformer output ramp-ups

HD Hyundai Electric to invest $274 mn in transformer output ramp-ups

HD Hyundai Electric Co., a South Korean electric power equipment maker, plans to invest about half of its 2024 operating profit, estimated at 720 bi...

KG Mobility, Phinia to co-work for hydrogen engine

KG Mobility, Phinia to co-work for hydrogen engine

South Korea's automaker KG Mobility Corp. said on Thursday it partnered with the global car aftermarket solutions company Phinia to develop hydrogen...

Korea's No. 1 fitness app Planfit eyes bigger market beyond home in 2025

Korea's No. 1 fitness app Planfit eyes bigger market beyond home in 2025

A new year has arrived, and with it come the New Year’s resolutions. However, if you are one of those who feel you've already failed to keep y...

Bespin Global, Upstage to co-work on AI platform

Bespin Global, Upstage to co-work on AI platform

South Korea's cloud solution provider Bespin Global said on Monday it signed with Upstage, the domestic artificial intelligence (AI) startup, to bui...

OpenAI, KDB to collaborate to enhance S.Korean AI ecosystem

OpenAI, KDB to collaborate to enhance S.Korean AI ecosystem

The US-based OpenAI and Korea Development Bank (KDB) on Tuesday signed a memorandum of understanding (MOU) to support the development of South Kor...

Korea Zinc, Hanwha to co-work on Austrailian BESS project

Korea Zinc, Hanwha to co-work on Austrailian BESS project

Korea Zinc Inc., the world’s top lead and zinc smelter, said on Tuesday its Australian subsidiary Ark Energy selected Hanwha Corp. as the pref...

Hanwha Ocean, HD Hyundai reconcile, look to joint overseas warship bids

Hanwha Ocean, HD Hyundai reconcile, look to joint overseas warship bids

South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. – have agreed to bury the hatchet and jo...

LG Electronics rises to global prominence in HVAC segment, ranks fifth

LG Electronics rises to global prominence in HVAC segment, ranks fifth

LG Electronics Inc., a leading South Korean home appliance maker, has emerged as one of the world’s top five players in the heating, ventilati...

Hyundai Motor designs the future of mobility in Irvine studio

Hyundai Motor designs the future of mobility in Irvine studio

IRVINE, Calif. -- White sneakers, gray nail polish, pink goggles and orange remote controls are not something visitors expect to see in car design s...

KEPCO, LS Electric to co-work on predictive diagnostics solutions

KEPCO, LS Electric to co-work on predictive diagnostics solutions

Korea Electric Power Corp. (KEPCO), the South Korean state-run utility company, said on Thursday it signed a memorandum of understanding (MOU) with ...

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