Daewoo Shipbuilding enters new chapter as Hanwha Ocean  

Daewoo Shipbuilding & Marine Engineering Co. (DSME), South Korea’s cash-deprived second-largest shipbuilder, has rebranded itself Hanwha O...

Korea's NPS maintains good grade despite heavy losses: finance ministry

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund with 939 trillion won ($713 billion) in assets as of end...

Music copyright trading platform Musicow attracts $46 mn from STIC

Musicow Inc. has garnered an additional 60 billion won ($45.8 million) from Seoul-based venture capital and private equity firm STIC Investments Inc...

Korea's two ride hailing apps to merge in H1, become top operator

South Korea’s ride hailing apps TADA and i.M are set to complete their merger as early as the first half of this year, aiming to become the co...

UAE to find $2 bn investment opportunities in S.Korea

The United Arab Emirates (UAE) is reviewing $2 billion worth of investment project in South Korea, such energy and information communications techno...

CJ CheilJedang builds world's biggest frozen pizza plant in US

South Korean food giant CJ CheilJedang Corp. built the world's largest frozen pizza plant in the US to overtake Nestle on the related American marke...

UAE state funds gear up for $30 bn S.Korean investment

Senior officials of the Abu Dhabi Investment Authority (ADIA) and other major sovereign funds of the United Arab Emirates (UAE) met with executives ...

Designer of 2018 Winter Olympic cauldron returns with solo golf cart

Personal space has become more important since the COVID-19 pandemic swept the world, and one South Korean-led industrial design company has develop...

Hanmi Semiconductor named world’s top 10 chip equipment maker

South Korean chip equipment maker Hanmi Semiconductor Co. on Thursday said it made the world’s top 10 in the rankings of TechInsights, a globa...

Hanwha Q Cells to unveil soundproof solar module

Hanwha Q Cells Co., a solar power unit of South Korean conglomerate Hanwha Group, announced on Wednesday that it will participate in the upcoming "W...

InBody to release big data-based health management solutions

South Korea's InBody Co., the global leader in analytic devices for body composition, is entering the health management solution field in 2023.Usi...

S.Korean growth outlook dims on increased trade deficit

South Korea’s exports are on course to drop for the eighth consecutive month as they declined in the first 10 days of May, data showed on Thur...

KGC promotes S.Korean top red ginseng brand CheongKwanJang in China

Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp. , announced on Thursday its participation in the "2023 TFWA Wor...

Align Partners' shareholder activism? Think twice

The three-month saga over the control of the K-pop pioneer SM Entertainment Co. early this year was a painful lesson about activist funds: Don&rsquo...

Mirae Asset Securities joins Singapore Exchange's trading membership

South Korea's Mirae Asset Securities has made history as the first Korean financial investment firm to join the Singapore Exchange's (SGX) trading...

KITA hosts K-Product Trade Show & G-Fair in Tokyo

The Korea International Trade Association (KITA) announced on Wednesday the opening of the "2023 K-Product Trade Show & G-Fair in Tokyo" at the ...

Labor union threatens to shame Samsung Elec in show of brinkmanship

Samsung Electronics Co.'s biggest labor union under one of South Korea’s two major trade unions is objecting to the latest wage deal signed la...

Seoul eyes opening doors to domestic helpers from Southeast Asia

Seoul is slated to welcome domestic helpers from Southeast Asia later this year to ease the burden of childcare and address issues surrounding Korea...

Korean AI developers scurry to jump on generative AI bandwagon

AlphaGo was behind the first artificial intelligence shock in South Korea after its landslide victory in a Go match against the country’s lege...

KAI, bastion of South Korea’s fast-growing defense industry

SACHEON, South Gyeongsang Province – On a hot spring day in April, the roar of combat aircraft engines fills the air. It’s a normal day ...

Korean Air showcases special aircraft livery featuring Blackpink

Korean Air Lines Co. held a 2030 Busan Expo Korean Air Special Aircraft Unveiling Event at the aircraft hangar at Incheon International Airport on W...

SKIET to supply battery separators to major client in China

South Korea’s battery separator maker SK IE Technology Co. (SKIET) will supply separators to a major electric vehicle (EV) battery maker in Ch...

Korea's Kakao Pay to buy 51% of US financial firm Siebert

Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., announced on Thursday it has signed an a...

Korea’s SK Gas to invest $1.5 bn toward carbon neutrality by 2026

ULSAN – SK Gas Ltd. South Korea’s leading liquefied petroleum gas (LPG) supplier, is set to spend $1.5 billion on liquefied natural gas ...

POSCO Int’l Q1 operating profit up 30% with merged energy affiliate

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., reported a 30% on...

Chinese weak domestic demand causes S.Korean trade deficit: report

The Korea International Trade Association (KITA) has urged South Korea to develop a strategy to strengthen exports to China based on its market situ...

Ponzi scheme suspected behind SocGen-triggered Korean stock havoc  

The South Korean financial authorities will investigate whether unfair trading practices are behind leverage trading after massive margin call reque...

Korean won near 5-month low despite weak dollar; outlook dark

The South Korean won fell to the weakest level in almost five months, underperforming other currencies despite a softer dollar, as sluggish fundamen...

POSCO Group chairman presides over World Steel Association meeting

Choi Jeong-woo, Chairman of POSCO Group and the World Steel Association, attended the association's first half-regular meeting held in Vienna, Austr...

Hyundai Mobis develops world’s first rollable vehicle display

Hyundai Mobis Co., the world’s sixth largest automotive components supplier, has developed a rollable vehicle display, the first of its kind i...