Korea’s Kookmin Bank raises $600 mn in global senior debts
South Korea’s largest bank Kookmin Bank said on Tuesday it has issued $600 million worth of global senior secured bonds. The debts were oversu...
NGeneBio to transfer NGS tech to UAE company
South Korean medical diagnostic company NGeneBio Co. announced on Tuesday that it signed a contract with the United Arab Emirates (UAE)-based medica...
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...
Tous les Jours to open five stores in Cambodia
Tous les Jours, the bakery brand under South Korea's CJ Foodville, announced on Monday that CJ Foodville signed a master franchise (MF) agreement wi...
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...
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...
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...
Tim Hortons opens sixth store in S.Korea
Canadian coffee brand Tim Hortons opened its sixth store in K-Twin Towers in Gwanghwamun, Seoul, South Korea, according to the company on Tuesday.&n...
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...
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...
Samsung Galaxy AI expands to 16 languages
Samsung Electronics Co. announced on Thursday that it is expanding the translation and communication language support of Galaxy AI, first introduced...
Korea’s Sae-A Trading buys US sportswear maker Tegra
South Korean textile maker and supplier Sae-A Trading Co. said on Tuesday it has signed a definitive agreement to acquire US sportswear maker Tegra ...
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...
Coupang's PB SMEs in S.Korea triple in five years
Coupang Inc., South Korea's leading e-commerce platform, announced on Sunday that the number of small and medium-sized enterprise (SME) manufacturer...
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 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...
Medytox to supply $73 mn botulinum toxin to Brazilian firm
South Korea's biopharmaceutical firm Medytox Inc. announced on Tuesday that it signed a contract with Brazilian pharmaceutical company Blau Farmaceu...
Ssangyong E&C wins deals for two Dubai luxury residences
Ssangyong Engineering & Construction Co. announced on Monday that it secured two luxury residence construction projects in Dubai, United Arab Em...
JB investors urged to oppose Align's call for board overhaul
Global proxy advisors International Shareholder Services Inc. (ISS) and Glass Lewis & Co. have expressed their opinion that there is no need for...
In South Korea, Instagram thrives while Facebook declines
In South Korea, one of the world’s most wired countries, people can’t live without social networking services for everyday communication...
Dubai Chamber of Commerce to open Seoul office
The Dubai Chamber of Commerce in the United Arab Emirates (UAE) will open an office in Seoul, South Korea by May this year, according to industry so...
Hyundai L&C targets US, India with premium finishing material
Hyundai L&C, South Korea’s Hyundai Department Store Group’s building materials unit, said on Tuesday that it will increase the propo...
Tmax Group to draw more than $572 mn to buy back Tmaxsoft
South Korea's leading software company Tmax Group is set to draw at least 750 billion won ($572.3 million) and a maximum of 1 trillion won from Seou...
LG Uplus unveils AI Callbot at Cuckoo call center
South Korea’s LG Uplus Corp. announced on Tuesday that it will introduce the smart customer support solution artificial intelligence (AI) Call...
Doosan wins $114 mn Saudi power plant equipment order
Doosan Enerbility Co. said on Monday it has bagged an order worth 150 billion won ($114 million) to supply turbines and generators for two combined ...
ZKW wins DVN Lighting Star Award
ZKW, an Austria-based lighting systems subsidiary of LG Electronics Inc., recently was presented with the Lighting Star Award for Best front lightin...
S.Korea's CU opens first store in Kazakhstan
South Korea's BGF Retail, the operator of the leading domestic convenience store chain CU, announced on Thursday that it opened its first store in K...
S.Koreans watch YouTube over 40 hours a month
South Koreans spend more than 40 hours per month on YouTube, according to the study on Monday.Wiseapp·Retail·Goods, the domestic appli...
LG Energy expedites LFP battery supply chain expansion
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, has secured enough lithium iron phosphate (LFP) cathode ma...
