Fortune 500 has just 16 Korean companies: study
Sixteen South Korean corporations are on Forbes' Global 500 list, a survey found.Critics say the distribution of the nation's leading companies is t...
Korea-China air flights set to rise with Beijing’s eased zero-COVID policy
Air flights between South Korea and China are set to rise significantly next year with the Chinese government issuing new guidelines easing its stri...
S.Korea's Lithium Plus succeeds in mass-producing lithium hydroxide
Lithium Plus, the S.Korean lithium materials company, said on Wednesday that it has succeeded in mass-producing battery-grade ultra-high-purity lith...
Korea to retain more skilled foreign workers with visa status upgrade
South Korea plans to more than double the number of skilled foreign workers next year as the country is struggling with a declining workforce at its...
S.Korean Airlines increase flights in anticipation of travel boom
South Korean airlines launched extensive marketing activities such as increasing international flights and giving free tickets in preparation for mo...
S.Korea rules dumping of polyamide film by China, Thailand, Indonesia
The South Korean government has issued a ruling on the dumping of polyamide film from China, Thailand and Indonesia and aluminum hydroxide from Chin...
LG Chem in $95.5 million drug out-licensing deal with China’s Innovent
LG Chem Life Sciences, the biopharmaceutical unit of LG Chem Ltd., and China’s biotech company Innovent Biologics have entered into a strategi...
China’s COVID reopening poses risks and opportunities
News that Beijing is finally scrapping its growth-killing “zero COVID” policy seems the equivalent of answered prayers for Asia. And it co...
CJ ENM to provide K-content on free platforms Tubi, Roku
South Korean entertainment giant CJ ENM Co. is linking up with major free streaming services in North America to expand accessibility for global fan...
Hotel Shilla CEO Lee ranks 85th on Forbes' 100 most powerful women
Samsung heiress and Hotel Shilla CEO Lee Boo-jin ranked 85th on The World’s 100 Most Powerful Women selected by Forbes. Lee, who leads Samsung Group's...
Air Busan offers 4 daily flights on Busan-Fukuoka route
Korea's low-cost carrier Air Busan Co. from Thursday will add a daily flight to its route linking the nation's biggest port city of Busan to Fukuo...
Shilla Duty Free offers metaverse Gucci Beauty class
Shilla Duty Free, Korea's leading duty-free shop chain, is opening a metaverse beauty class in collaboration with Gucci Beauty.The company will intr...
Daesang Welllife forms joint venture with Sinopharm Group
Daesang Welllife on Thursday said it has concluded a memorandum of understanding (MOU) with China Sinopharm International, an affiliate of China's l...
SK On, EcoPro, China’s GEM to build battery materials plant in Indonesia
SK On Co., a South Korean electric vehicle (EV) battery maker, has joined forces with two energy materials companies to build a nickel intermediate ...
Doosan Fuel Cell expands exports with China deal
South Korea's Doosan Fuel Cell on Monday said it has signed an export contract worth 346.9 billion won($255 million) to supply large-scale versions ...
Number of tourists to S.Korea, Japan surge on eased visa restrictions
As restrictions to traveling across national borders loosen, the number of international travelers to both South Korea and Japan have been on the ri...
Data startup BankSalad begins monetizing free genetic testing
BankSalad Co., once known as a fintech company that develops banking apps, added a new vertical last year that has witnessed robust demand. The...
Kia mulls investing $754 mn in China instead of Russia
Kia Corp., South Korea’s second-largest carmaker, is considering an investment of $754 million, which had been set aside for Russia, in China ...
Pulmuone to double pasta production in China by expanding plant
South Korea's food giant Pulmuone on Monday said it will boost production of pasta-based convenience food in China by expanding its first plant in P...
Korean retail brand F&F’s Chinese sales seen above $800 million
South Korean outdoor clothing retailer F&F Co. is expected to post 1.1 trillion won ($807 million) in sales revenue in China this year, emerging...
Korea won hits 2-month high on US election, China hopes
The South Korean won on Wednesday hit a two-month high on expectations that a victory by the Republicans in the US midterm elections may slow the Fe...
Hyundai, China’s CICC in initial deal for commercial vehicle business
South Korea’s Hyundai Motor Co. said on Tuesday it has partnered with China International Capital Corp. (CICC), China’s largest investme...
LG Display unveils world’s first high-resolution stretchable display
LG Display Co., a major South Korean display panel maker, said on Tuesday it has developed the world’s first full-color stretchable display th...
Lotte Mart bulks up in SE Asia to make up for China failure
Indonesia was the destination for Lotte Group Chairman Shin Dong-bin’s first overseas business trip in August, after being granted a special p...
Korea's POSCO gets greener via integrated CO2-free brand
Korea's POSCO has introduced the integrated brand Greenate to symbolize the commitment of the nation's top steelmaker to achieve carbon neutrality b...
Korea should open retail electricity market for renewables
South Korea on Oct. 26 officially launched the carbon neutrality commission based on laws for green growth, which took effect last March, amid the g...
HD Hyundai’s machinery units post profits despite slump in China
HD Hyundai Co., the holding company of South Korea’s Hyundai Heavy Industries Group, saw its two construction equipment affiliates post strong...
US to allow Samsung, SK Hynix to import to China for 1 year
The Biden administration has decided to allow Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, to import ...
KLA to stop chip tool supply to customers in China: Report
US chip toolmaker KLA Corp. will cease offering some supplies and services from Wednesday to China-based customers including SK Hynix Inc., the worl...
Superpowers without dignity as China-US tensions grow
“The greatest danger that can befall us in coping with this problem of Soviet Communism is that we allow ourselves to become like those with w...
