Kia unveils teaser images for The New EV6

Kia Corp., the second-largest automaker in South Korea, is introducing an improved model of its first-ever all-electric sports utility vehicle (SUV)...

Korea desperately seeks global bond index inclusion to rescue won

South Korea is desperately working for inclusion on a global major bond index to save the ailing won, the second worst-performer among emerging Asia...

S.Korea’s KT to innovate media, content businesses with AI

South Korea’s telecom giant KT Corp. is set to innovate its media and content businesses with artificial intelligence as it seeks new growth d...

HD Hyundai aims for world’s No. 5 spot in construction machinery

HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, is making big bets on Europe and South America to achieve its goal of seizin...

HYBE conflict vs NewJeans label set to escalate into legal battle

HYBE Co., the company behind boy band BTS, has reported Min Hee-jin, the chief of popular girl group NewJeans’ label ADOR, to police for inves...

Starfield launches 4th annual balloon festival with iconic character displays

Starfield, a chain of large shopping malls owned by Shinsegae, a South Korean retail company, announced on Friday that its 4th annual balloon festiv...

Hyundai Motor ties up with CATL to reinvigorate China market with EVs

BEIJING -- Hyundai Motor Co., South Korea’s top carmaker, has joined hands with Contemporary Amperex Technology Co. (CATL), the leading global...

Korea's Lotte Insurance put on market for around $1.5 bn

Lotte Group’s non-life insurance affiliate Lotte Insurance Co., has been put up for sale at around 2 trillion won ($1.5 billion), according to...

Used goods platform Gugus shines in slowing luxury market

Gugus, South Korea’s largest online retailer of secondhand luxury goods, posted double-digit growth in revenue and transactions in the first q...

OCI to invest up to $1.5 bn in Malaysia’s polysilicon plant

KUALA LUMPUR -- OCI Holdings Co., South Korea’s leading chemical and green energy company, plans to invest up to 2 trillion won ($1.5 billion)...

Samsung wins multi-year built-in kitchen suite orders from Clayton

Samsung Electronics Co. is upping the ante to widen the lead in the US home appliance market with a long-term contract to provide its hyper-connecte...

Louis Vuitton, Chanel, Dior post weak profits in Korea post-pandemic

Global luxury brands Louis Vuitton, Chanel and Dior saw worsening profitability of their South Korean operations last year after a few years of dece...

Korea to offer $5 bn insurance for defense exports

South Korea will provide more than 7 trillion won ($5 billion) in insurance this year for domestic defense companies' exports as the country aims to...

SK Innovation to adjust business portfolios for long-term growth

SK Innovation Co., South Korea’s top energy company, is slated to adjust its business portfolios for long-term growth while not planning to sl...

Growing controversy over call to share profits for using wind energy

Renewable energy companies in South Korea are facing growing pressure to share their profits from wind or solar energy electricity generation, stirr...

Hanwha Vision unveils cloud, AI security techs in US

South Korea's Hanwha Vision Co. announced on Friday that it participated in the International Security Conference & Exposition (ISC) 2024, the l...

SK Innovation reshuffles units to raise value

SK Innovation Co., South Korea’s top energy company, is reorganizing its subsidiaries to boost their individual values through independent man...

Korea leads global online shopping trend for used luxury goods

South Koreans are leading the trend of buying used luxury goods online with top-end products such as Rolex watches and Hermes bags among the hottest...

Infrastructure secondaries continue to rise amid inflation: Stafford

Secondaries have become one of the most sought-after assets amid market uncertainty as they provide early exit opportunities and portfolio diversifi...

Korea’s LG telecom unit unveils AI agent with own technology

LG Uplus Corp., South Korea’s No. 3 mobile carrier, has introduced an artificial intelligence agent platform based on its own ixi AI technolog...

Nongshim Kellogg overtakes Dongsuh as Korea’s top cereal maker

Just a few years back, cereals meant cornflakes eaten with milk during busy mornings in South Korea.Nowadays, however, cereals mean granola made of ...

LG’s $5.5 billion LFP, ESS battery plants in Arizona to kick off in 2026

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Thursday its 7.2 trillion won ($5.5 billion) battery complex in Ari...

Breezm lands in US with plan to open 100 stores in 5 years

Breezm, a South Korean startup making customized eyeglasses with artificial intelligence and 3D technologies, has opened its first offshore store in...

Hyundai Motor’s IONIQ 5 robotaxi passes US driver’s license test

Soon, it will no longer be the stuff of sci-fi movies for a robocop to stop a self-driving car for speeding and for the human-less autonomous vehicl...

Samsung returns to top, to up ante against troubled Apple

Samsung Electronics Co. snatched the crown from its archrival Apple Inc. as the top global smartphone seller last month thanks to brisk sales of its...

Avalve to export $1.5 mn smart farm solution to Vietnam

South Korea's smart farm startup Avalve announced on Friday that it signed a total of $1.5 million in memorandums of understanding (MOUs) with Vietn...

Kia, Hyundai sweep World Car Awards with EV9, IONIQ 5 N

NEW YORK – Hyundai Motor Group, the world’s No. 3 carmaker, has swept the 2024 World Car Awards, a global premier standard for automotiv...

K Enter moves step closer to Nasdaq listing in May

K Enter Holdings Inc., an umbrella entity of South Korea-based entertainment companies creating original entertainment content and managing related ...

LG Group earmarks $74 bn for 5-year investment in Korea

LG Group, South Korea’s No. 4 conglomerate, on Wednesday announced a plan to invest 100 trillion won ($74 billion) through 2028 in its future ...

LG Electronics named Energy Star Partner of 2024

LG Electronics Inc. has been named 2024 Energy Star Partner of the Year and Sustained Excellence by the US Environmental Protection Agency (EPA) a...