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AirlinesJeju Air, MBK Partners in talks to buy Asiana’s cargo unit
South Korea’s top budget carrier Jeju Air Co. is in talks with North Asia-focused private equity firm MBK Partners to acqu...
Apr 05, 2024 (Gmt+09:00)
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Electric vehiclesKia to boost hybrid lineup to lead eco-friendly car market
Kia Corp., South Korea’s second-largest automaker, plans to strengthen its hybrid lineup and launch cheaper electric vehic...
Apr 05, 2024 (Gmt+09:00)
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Corporate bondsKorean firms' bond sales hit record in Q1 amid rate cut signal
Corporate bond issuance in South Korea hit a record in the first quarter of this year amid growing expectations of the Federal R...
Apr 05, 2024 (Gmt+09:00)
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EarningsLG Electronics logs record-high revenue in Q1 on B2B push
LG Electronics Inc. raked in its largest-ever quarterly revenue in the first quarter of this year, maintaining upward momentum a...
Apr 05, 2024 (Gmt+09:00)
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Corporate restructuringKakao Entertainment seeks restructuring, closer ties with Piccoma
South Korea's Kakao Entertainment Corp., a unit of mobile platform giant Kakao Corp., is seeking renewed growth through corporat...
Apr 05, 2024 (Gmt+09:00)
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RetailLouis Vuitton opens its first 'Watches & Jewelry' store in S.Korea
Louis Vuitton announced on Friday that it opened its first Watches & Jewelry store in South Korea at the Shinsegae Departmen...
Apr 05, 2024 (Gmt+09:00)
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Korean gamesKrafton makes local soft launch of mobile game 'Bullet Echo India'
South Korea's gaming giant Krafton Inc. announced on Friday that it soft-launched "Bullet Echo India," developed by global game ...
Apr 05, 2024 (Gmt+09:00)
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MachineryHyundai Commercial to enter online used equipment auction business
Hyundai Commercial Inc., Hyundai Motor Group's vehicle financing arm, announced on Friday that it has signed a business agreemen...
Apr 05, 2024 (Gmt+09:00)
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E-commerceAliExpress, Temu threaten Coupang’s lead in S.Korea
Coupang Inc. is the only South Korea-native e-commerce platform with more monthly active users than China's e-commerce giants Al...
Apr 05, 2024 (Gmt+09:00)
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Artificial intelligenceKorean big tech firms join Korea’s AI strategy council
The South Korean government has launched an artificial intelligence strategy council, jointly with domestic big tech firms such ...
Apr 05, 2024 (Gmt+09:00)
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Artificial intelligenceAbly launches virtual fitting AI service
South Korean fashion commerce platform Ably Corp. announced on Friday that it launched a new service The Shopping Mall-Specific ...
Apr 05, 2024 (Gmt+09:00)
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PetrochemicalsS-Oil gets int’l certification for SAF
S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., announced on Thursday that it has achieved the International Sustai...
Apr 05, 2024 (Gmt+09:00)
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EconomyS.Korea’s current account surplus near 3-year high on chips
South Korea’s current account surplus touched a near three-year high in February as goods exports continued to grow on str...
Apr 05, 2024 (Gmt+09:00)
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Food & BeverageCJ Foodville sees record-high operating profit in 2023
CJ Foodville, the food service subsidiary of South Korea's CJ Group and the operator of bakery chain brand Tous les Jours saw a ...
Apr 05, 2024 (Gmt+09:00)
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EarningsSamsung Q1 profit soars, set to benefit from Taiwan quake, AI chip demand
Samsung Electronics Co., the world’s largest memory chipmaker, said on Friday its first-quarter operating profit likely ro...
Apr 05, 2024 (Gmt+09:00)