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RegulationsKorea's GS Caltex faces FTC probe into intra-group trading
The Korea Fair Trade Commission (FTC) has begun an investigation process for alleged intra-group transactions between GS Caltex ...
Oct 13, 2023 (Gmt+09:00)
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Electric vehiclesKia to build 2nd purpose-built vehicle plant in Korea
Kia Corp., South Korea’s second-largest automaker, plans to build another purpose-built vehicle (PBV) factory in the count...
Oct 13, 2023 (Gmt+09:00)
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Food & BeverageKFC Korea to start franchise business for faster growth
Fast food chain KFC said on Friday it will begin franchise store operations in South Korea next year, when the company will mark...
Oct 13, 2023 (Gmt+09:00)
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BatteriesLG Energy barely fends off CATL in global EV battery market
LG Energy Solution Ltd. retained the top position in the global electric vehicle battery market excluding China in the first eig...
Oct 13, 2023 (Gmt+09:00)
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Chemical IndustryLG Chem, GS Caltex form eco-friendly materials alliance
LG Chem Ltd. and GS Caltex Corp. are accelerating their efforts in the eco-friendly bio-material business involving 3-hydroxypro...
Oct 13, 2023 (Gmt+09:00)
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AutomobilesKia holds first Global Distributors Convention in 5 years
South Korea's Kia Corp. held a global distributors convention for the first time in five years, sharing medium to long-term busi...
Oct 13, 2023 (Gmt+09:00)
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RetailFake Rolexes most common counterfeit watches smuggled into S.Korea
After the COVID-19 crisis, it has been revealed that counterfeit goods smuggling is on the rise once again. According to data su...
Oct 13, 2023 (Gmt+09:00)
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Travel & LeisureIsrael-Hamas war takes toll on S.Korean pilgrims
The war in Israel and Gaza, which has paralyzed some parts of the Middle East, is also set to put a complete stop to South Korea...
Oct 13, 2023 (Gmt+09:00)
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AutomobilesGenesis G80, Electrified G80 selected as safest cars in US
Hyundai Motor Co.'s premium brand Genesis announced on Friday that its G80 and Electrified G80 got the highest rating "Top Safet...
Oct 13, 2023 (Gmt+09:00)
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AutomobilesKCC opens US refinish color center
South Korean chemical and auto parts maker KCC Corp. opened its first overseas refinish color center in the US. According t...
Oct 13, 2023 (Gmt+09:00)
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LogisticsCJ Logistics reinforces ties with India’s Tata Motors
South Korea’s CJ Logistics on Friday said its Indian subsidiary CJ Darcl has signed a memorandum of understanding with Tat...
Oct 13, 2023 (Gmt+09:00)
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Korean startupsTUNiB launches multi-persona AI chatbot DearMate
South Korean generative artificial intelligence (AI) startup TUNiB on Thursday announced the launch of DearMate, a mobile app ...
Oct 13, 2023 (Gmt+09:00)
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EntertainmentKT internet TV shines after embracing OTT content
KT Corp., South Korea’s top telecom operator, has bucked the trend in the internet TV market, where over-the-top players s...
Oct 13, 2023 (Gmt+09:00)
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Culture & TrendsCJ ENM expands global reach with entertainment IP exports
South Korean entertainment giant CJ ENM Co. is broadening its international reach, exporting its widely popular entertainment sh...
Oct 13, 2023 (Gmt+09:00)
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Alternative investmentsKIC heavily relies on foreigners for alternative investments
Korea Investment Corporation (KIC) entrusted most of its money for investments in alternative assets such as real estate and pri...
Oct 13, 2023 (Gmt+09:00)
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Tech, Media & TelecomLG Uplus set to catch up to KT as Korea’s No. 2 mobile carrier
LG Uplus Corp., the perennial No. 3 mobile carrier in South Korea, is fast catching up to its closest rival KT Corp. to ...
Oct 13, 2023 (Gmt+09:00)
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Artificial intelligenceLG CNS unveils generative AI platform for biz use
LG CNS, a South Korean information and communications technology service provider specializing in digital transformation (DX), o...
Oct 13, 2023 (Gmt+09:00)
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Chemical IndustryS.Korea's SKC to sell polyurethane raw material unit for $304 mn
South Korean chemical material company SKC Ltd. is selling its unit for raw materials of polyurethane (PU), a chemical substance...
Oct 13, 2023 (Gmt+09:00)