K-pop rookies, fresh boost for Korean entertainment stocks
South Korea’s entertainment stocks are poised to rally as K-pop newbies gain momemtum, attracting not only global music fans but also investor...
DGB Fin to set up asset management firm in Singapore
South Korea’s DGB Financial Group is poised to set up an asset management unit in Singapore, its first overseas fund management arm, according...
Hyundai Motor to self-develop EV chargers to slow Tesla’s ascent
Hyundai Motor Group will develop ultra-fast electric vehicle chargers with its proprietary technology to catch up to the world’s No. 1 EV make...
Cuckoo Electronics' duty-free sales in July surge by 592%
South Korea's Cuckoo Electronics Co. announced on Friday that its duty-free sales in July increased by 592.6% compared to the same period last year,...
Celltrion considers listing holding firm after merger of 3 units
South Korean drug giant Celltrion Group will consider listing its holding company if necessary, after it completes the merger of three affiliates &n...
LG Group accelerates shift toward AI, bio and clean tech
Artificial intelligence, bio and clean tech are in their early stages of development for LG Group, but they should lead the South Korean conglomerat...
Hanwha Ocean to raise $1.5 bn to boost warship business
South Korea's Hanwha Ocean Co. will secure 2 trillion won ($1.5 billion) in fresh capital through rights issues, the company said on Wednesday, as t...
Lotte’s intra-group merger, business integration fare well
Lotte Mart and Lotte Super are leading Lotte Group’s efforts to streamline the overlapping businesses of its units. Their second-quarter resul...
DongKoo Bio & Pharma to enter Philippine healthcare market
South Korea’s DongKoo Bio & Pharma Co. on Tuesday said it signed a memorandum of understanding with the Philippine healthcare group Adizat...
Korea’s business lobby group FKI goes down in history in disgrace
The Federation of Korean Industries (FKI), the voice of the conglomerates that formed the engine of the South Korean economy for more than five deca...
KB, Shinhan, Woori improve rankings on Top 1,000 bank list
South Korea’s KB Financial Group, Shinhan Financial Group and Woori Financial Group improved their rankings on the list of the global top 1,00...
SK Group to pursue employee-led ‘deep change’
SK Group, South Korea’s second-largest conglomerate, has been dedicated to its “Deep Change” initiative since Group Chairman Chey ...
KT to hold AI coding lectures at universities
South Korea’s KT Corp. is expanding operations of its artificial intelligence (AI) coding education platform AI Codiny.The company on Sunday s...
LX Group may bid for container line HMM in four-way race
South Korea’s logistics-to-trading conglomerate LX Group is expected to join the race for the country’s No. 1 shipping company HMM Co. i...
SK Pharmteco gears up for big leap in advanced biotherapies
SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), is upping the ante in its b...
Korean C&R Research to set up US, Thai units for global biz
C&R Research Inc., South Korea’s top contract research organization (CRO), plans to establish units in the US and Thailand this year while...
NewJeans selected as models for Hyundai Dept. Store Duty Free
South Korea's Hyundai Department Store Duty Free announced on Monday that it has newly appointed the five-member K-pop girl group NewJeans as models...
Paradise City, Ctrip to jointly launch S.Korean travel packages
Paradise City, an integrated resort in Incheon, announced on Monday that it has partnered with China's largest online travel agency Ctrip to introdu...
Cosmax opens Asia's largest cosmetics plant in China
Cosmax Inc., South Korea's biggest cosmetics maker using original design manufacturing (ODM), has opened Asia's largest cosmetics plant in China. ...
Hanwha Group gears up for foray into aviation industry
South Korea’s chemicals-to-defense conglomerate Hanwha Group is preparing a bid for domestic low-cost carrier (LCC) Fly Gangwon under court pr...
Korea’s tourism industry pins high hopes on return of Chinese big spenders
BEIJING – China’s official announcement to lift its ban on group tourists’ travel to South Korea will likely be a boon for the tra...
POSCO changes brand slogan for first time in 23 years
POSCO Holdings Inc., the holding firm of South Korea’s largest steelmaker, on Wednesday announced a new brand slogan, “Green Tomorrow, w...
The North Face supplier Youngone hints at succession plan
Youngone Corp., a South Korean outdoor clothing maker to global brands like The North Face and Patagonia, has given a clearer signal that Chairman...
Toray Advanced Materials reviews film line expansion in S.Korea
Toray Advanced Materials Korea Inc. (TAK) is reviewing its film line expansion in South Korea as part of its 300 billion won ($229 million) capital ...
K-pop girl group NewJeans tops US Billboard 200
South Korean K-pop girl group NewJeans topped the US Billboard 200 chart with their second mini-album "Get Up," since its debut a year ago. Acc...
Morgan Stanley subsidiary takes 5% stake in JYP Entertainment stock
A Morgan Stanley-affiliated asset manager has bought more JYP Entertainment shares, raising its stake to more than 5 percent.Asset management firm M...
Baskin-Robbins stands out in melting Korean ice cream market
Global ice cream chain Baskin-Robbins, the top ice cream seller in South Korea, is solidifying its market position with localization despite the cou...
KT Submarine to rename itself LS Marine Solution
South Korea’s undersea cable company KT Submarine Co. will change its name to LS Marine Solution following its integration into the LS Group. ...
SK C&C begins to construct S.Korea's first ATS
SK C&C, an information and communications technology affiliate of South Korea’s SK Group announced on Wednesday it has started constructio...
K-pop group aespa to premiere ‘Better Things’ single in LA
K-pop girl group aespa will hold a concert "aespa LIVE TOUR 2023 - SYNK: HYPER LINE" at the Crypto.com Arena in Los Angeles, US, on August 13, their...
