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Hydrogen economy
Hyundai to transform Jeonju plant into hydrogen vehicle hub
Hyundai Motor Co., South Korea’s top automaker, will transform its commercial vehicle plant in the country into the manufacturing hub for its ...
Jun 24, 2024 (Gmt+09:00)
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Electronics
LG Display bets big on Tandem OLED in AI computing era
LG Display Co., the world’s top organic light-emitting diode (OLED) TV panel maker, is raising the stakes in Tandem OLED technology to stay ah...
Jun 24, 2024 (Gmt+09:00)
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Retail
E-Mart24 opens first store in Cambodia
South Korea's convenience store chain E-Mart24 Inc. announced on Sunday that it opened its first store in Boeung Keng Kang, a bustling district of P...
Jun 24, 2024 (Gmt+09:00)
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Airlines
South Korea-Japan air travelers soar to 10 mn in first five months
The number of air passengers traveling between South Korea and Japan has surpassed 10 million in the first five months of this year, setting a new r...
Jun 21, 2024 (Gmt+09:00)
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Private equity
Affinity to buy Korea's No. 2 car leasing firm for $591 mn
Affinity Equity Partners will buy a 100% stake in South Korea’s second-largest car leasing company SK Rent-a-Car Co. for 820 billion won ($591...
Jun 20, 2024 (Gmt+09:00)
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Machinery
HD Hyundai Infracore secures order for 39 excavators in Turkiye
South Korea's HD Hyundai Infracore Co. announced on Thursday that it has recently secured an order for 39 large excavators under its Develon brand f...
Jun 20, 2024 (Gmt+09:00)
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Hydrogen economy
Hyundai E&C to build S.Korea's first nuclear-linked hydrogen plant
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) will lead a consortium to build the nation's first hydrogen production fa...
Jun 20, 2024 (Gmt+09:00)
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IPOs
Kosdaq cancels IPO approval for cloud developer InnoGrid
The Kosdaq market under the Korea Exchange said on Wednesday it has canceled its preliminary approval for InnoGrid Co.’s initial public offeri...
Jun 19, 2024 (Gmt+09:00)
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Food & Beverage
Korean soju maker HiteJinro aims high with its first Vietnam plant
HANOI – Thai Binh, a port city about 120 km southeast of the Vietnamese capital, has long been associated, in people’s minds, with the i...
Jun 19, 2024 (Gmt+09:00)
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Fashion
S.Korea's Handsome opens global flagship store System Paris
South Korean fashion company Handsome Corp. announced on Wednesday that it will open its first global flagship store System and System Homme Paris i...
Jun 19, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor to produce Genesis cars in Kazakhstan
Hyundai Motor Group will produce Genesis models from its knock-down (KD) plant in Kazakhstan to bolster the South Korean auto giant’s luxury m...
Jun 17, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Korea issues $10.75 bn in refund guarantees to shipbuilders
South Korean banks and state-run financial institutions will issue $10.75 billion worth of refund guarantees (RGs) to domestic shipbuilders, which t...
Jun 17, 2024 (Gmt+09:00)
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Shareholder value
Korea to put poison pill adoption on new policy agenda
South Korea will put the adoption of poison pills and dual-class shares on the new policy agenda at a meeting with business leaders this month, wher...
Jun 14, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Rebellions-Sapeon Korea merger to challenge Nvidia’s AI chip dominance
Rebellions Inc., a South Korean artificial intelligence chip design startup, is merging with its crosstown rival Sapeon Korea Inc., an AI chip firm ...
Jun 12, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha picked to develop KF-21’s unmanned escort plane radars
Hanwha Systems Co., a South Korean aerospace and defense contractor, has been picked as a preferred developer by the state-run Korea Institute for D...
Jun 11, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor releases Casper Electric teaser images
Hyundai Motor Co. on Tuesday released a teaser image of the electrified model of its first city sports utility vehicle (SUV) The Casper Electric.T...
Jun 11, 2024 (Gmt+09:00)
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Economy
S.Korea’s current account swings to deficit on higher dividend payouts
South Korea logged a current account deficit in April, ending a streak of surpluses for the past 11 months, on seasonal factors such as increased di...
Jun 11, 2024 (Gmt+09:00)
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Automobiles
Kia launches 2024 model year of Morning
Kia Corp. announced on Monday that it launched its flagship compact car Morning's model year the 2024 Morning. The 2024 Morning featured the ne...
Jun 10, 2024 (Gmt+09:00)
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Korean games
S.Korean IT companies partner with K-pop girl groups
South Korean game companies like Krafton Inc. and Nexon Korea Corp., and telecom firms such as SK Telecom Co., are collaborating with K-pop girl gro...
Jun 10, 2024 (Gmt+09:00)
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Machinery
HD Hyundai's Future-X wins Red Dot Design Award
South Korea's HD Hyundai XiteSolution announced on Thursday that its futuristic unmanned construction equipment Future-X won the Best of the Best Aw...
Jun 07, 2024 (Gmt+09:00)
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Corporate bonds
Korea’s non-financial firms rush to issue perpetual bonds
Perpetual bond offerings by non-financial firms in South Korea are poised to hit new records this year as many companies have flocked to the hybrid ...
Jun 05, 2024 (Gmt+09:00)
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Automobiles
Tata Daewoo wins order for 130 Maxen trucks in Colombia
South Korea's Tata Daewoo Commercial Vehicle Company announced on Tuesday that signed a contract to sell 130 units of its large truck Maxen to Colom...
Jun 04, 2024 (Gmt+09:00)
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Energy
SK Gas eyes commercial operations of LNG power plant in 2nd half
SK Gas Ltd., South Korea’s leading liquefied petroleum gas (LPG) supplier seeking to transform into a clean energy company, has moved a step c...
Jun 04, 2024 (Gmt+09:00)
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Electronics
Samsung releases 2024 lineup of gaming monitors
Samsung Electronics Co. announced on Tuesday that it launched its new 2024 lineup of gaming monitors, Odyssey OLED, and high-resolution monitors, Vi...
Jun 04, 2024 (Gmt+09:00)
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Electronics
Samsung becomes No.1 smartphone brand in 38 countries in Q1
Samsung Electronics Co. has become No. 1 smartphone brand in 38 countries in the first quarter of this year.According to Counterpoint Research's Sma...
Jun 03, 2024 (Gmt+09:00)
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Business & Politics
S.Korea, UAE sign economic partnership, reaffirm $30 bn investment
South Korea and the United Arab Emirates on Wednesday signed a comprehensive economic partnership agreement (CEPA) to facilitate bilateral trade aft...
May 29, 2024 (Gmt+09:00)
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Korean food
Mega Coffee to open first store in Mongolia
South Korea's low-price coffee chain, Mega MGC Coffee, announced on Tuesday that it will open its first overseas store in Mongolia on May 30. This...
May 29, 2024 (Gmt+09:00)
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Advertising & Marketing
HS Ad unveils LG Uplus ad created by 100% AI
South Korea's HS Ad Inc., an advertising agency affiliated with LG Group, announced on Monday that it launched LG Uplus Corp. 's brand advertising...
May 27, 2024 (Gmt+09:00)
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Korean startups
Korean AI startups yet to join global unicorn club
The number of artificial intelligence unicorns has been on the rise thanks to the AI boom, but none of these South Korean AI startups have yet to jo...
May 27, 2024 (Gmt+09:00)
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Real estate
Korean brokerage firms seek to raise $1.2 bn in property funds
South Korean brokerage firms are scurrying to raise more than 1.7 trillion won ($1.24 billion) in private equity funds to bet on soured property loa...
May 24, 2024 (Gmt+09:00)
Latest News
- 1 BMW Surpasses Mercedes for the First Time in 10 Years – Imported Car Market 'Shake-Up'
- 2 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 3 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 4 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 5 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google