Washington post
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Date
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Business & Politics
Samsung, SK granted indefinite US waiver on chip gear supplies to China
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, have been granted an indefinite waiver on semiconductor ...
Oct 10, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Doosan Robotics looks for M&A targets post-IPO: CEO
When Ryu Junghoon was tapped as chief executive of Doosan Robotics Inc. two years ago, he vowed to turn the young robot-making company into an indus...
Oct 04, 2023 (Gmt+09:00)
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Economy
S.Korea industry production posts largest increase in 30 months
South Korea's Index of All Industry Production soared at its steepest pace in 30 months in August, driven by a resurgent semiconductor manufacturing...
Oct 04, 2023 (Gmt+09:00)
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Economy
Korea logs surplus in IP trade in H1 on surge of culture, art
South Korea posted a surplus in its intellectual property (IP) rights trade in the first half of this year, thanks to profits on culture, art and so...
Sep 22, 2023 (Gmt+09:00)
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Steel
Japanese steelmakers flood South Korea on back of weaker yen
Japanese steelmakers are expanding their market shares in South Korea, backed by the yen's drop against the Korean won to the lowest in eight years....
Sep 20, 2023 (Gmt+09:00)
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E-commerce
Live commerce app Grip aims to expand into Japan, US in 2024
Imagine you're using a shopping app. You talk to the seller, ask questions and receive answers in real-time on a livestream video. Now and then, the...
Sep 20, 2023 (Gmt+09:00)
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Korean food
Stamps of K-Street food to be issued on Sept. 21
South Korea's state-run postal service agency Korea Post announced on Wednesday that it will issue 1.28 million commemorative stamps featuring two o...
Sep 13, 2023 (Gmt+09:00)
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Economy
S.Korea posts current surplus on bigger import decline in July
South Korea maintained a surplus in the current account balance for the third consecutive month in July, driven by its positive goods trade balance ...
Sep 08, 2023 (Gmt+09:00)
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Retail
E-Mart opens 4th Korean hypermarket in Ulaanbaatar
South Korea’s top supermarket chain E-Mart Inc. launched its fourth hypermarket in Ulaanbaatar on Thursday with a stronger push for Korean bra...
Sep 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Broadband launches hybrid quantum security service
South Korean internet service provider SK Broadband on Tuesday said it launched the country’s first dedicated line service that supports the o...
Sep 06, 2023 (Gmt+09:00)
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Logistics
Hyundai Glovis to raise car shipping rates amid vehicle carrier shortage
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, plans to raise vehicle shipping rates considering the sharp rise ...
Sep 04, 2023 (Gmt+09:00)
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Construction
HD Hyundai posts big exports to Argentina, S.Arabia
South Korea's HD Hyundai Construction Equipment Co. (HCE) on Sunday said it recently concluded deals to supply 73 machines including excavators and ...
Sep 04, 2023 (Gmt+09:00)
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Travel & Leisure
Foreign visitors to S.Korea in July surpass 1 mn post-COVID-19
The number of foreign tourists visiting South Korea has exceeded 1 million in a month for the first time since the outbreak of COVID-19. According t...
Aug 30, 2023 (Gmt+09:00)
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Bio & Pharma
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...
Aug 24, 2023 (Gmt+09:00)
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Electronics
Samsung, LG Electronics top 2 global TV makers in H1
Samsung Electronics Co. and LG Electronics Inc., two South Korean tech giants, respectively achieved the No. 1 and No. 2 spots in the global TV set ...
Aug 21, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Taihan Cable posts highest first-half operating profit in 20 years
South Korea's Taihan Cable & Solution Co. announced on Friday that its consolidated operating profit for the first half of this year reached 41....
Aug 11, 2023 (Gmt+09:00)
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Logistics
Hyundai Glovis to secure additional 12 car transport vessels by 2025
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, plans to secure an additional 12 vehicle transport vessels by 202...
Aug 09, 2023 (Gmt+09:00)
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Earnings
Lotte Chemical posts fifth straight quarterly operating loss in Q2
South Korea’s Lotte Chemical Corp. has posted an operating loss for a fifth straight quarter due to sluggish petrochemical demand.The co...
Aug 09, 2023 (Gmt+09:00)
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Fashion
Korean swimwear Barrel posts profit in post-pandemic surfing boom
South Korea’s leading swimwear maker Barrel is stepping up its profitability after losses during COVID-19 as its new owner has saved costs thr...
Aug 08, 2023 (Gmt+09:00)
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Earnings
Naver posts record Q2 operating profit on e-commerce, content
South Korea’s top online portal Naver Corp. on Friday posted record operating profit in the second quarter, driven by robust sales growth in i...
Aug 04, 2023 (Gmt+09:00)
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Automobiles
Kia America’s new normal: Record car sales month after month
Kia Corp., South Korea’s second-largest automaker, has been dismissed as the weaker sibling or smaller sister firm of Hyundai Motor Co., the c...
Aug 02, 2023 (Gmt+09:00)
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Earnings
KakaoBank posts record H1 profit; costs hurt Kakao Games’ Q2 earnings
KakaoBank Corp., a leading South Korean internet-only bank, saw its first-half net profit rise to a fresh record high, driven by decent growth in in...
Aug 02, 2023 (Gmt+09:00)
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Automobiles
S.Korean carmakers post brisk sales on strong exports in July
South Korea's car sector posted strong sales last month as favorable exports offset the sluggish domestic market.Industry sources on Tuesday said th...
Aug 02, 2023 (Gmt+09:00)
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Fashion
S.Korea sees fever for luxury goods wane in post-COVID-19 era
South Korea is seeing a gradual decline in the open run, or the practice of customers standing in line before a brand's opening at a department stor...
Aug 01, 2023 (Gmt+09:00)
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Travel & Leisure
S.Korea in June sets post-COVID-19 monthly high in foreign visitors
The (South) Korea Tourism Organization (KTO) on Friday said 961,000 foreign visitors came to the country last month, a 321.9% jump from June last ye...
Jul 28, 2023 (Gmt+09:00)
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Entertainment
BTS Suga becomes honorary employee of Samsung
BTS member Suga (Min Yoon-gi), who used to shout "Only Galaxy," has now become a member of Samsung Electronics Co.'s marketing team. Suga posted a p...
Jul 27, 2023 (Gmt+09:00)
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Earnings
Samsung Elec shares regain momentum after narrower chip loss in Q2
Samsung Electronics Co. reaffirmed the recovery in the global chip market in the latter half of this year after confirming a downward trend in memor...
Jul 27, 2023 (Gmt+09:00)
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Steel
POSCO Holdings posts operating profit of $790 million in Q1
South Korea's POSCO Holdings Inc. has returned to the level of 1 trillion won ($790.5 million) in quarterly operating profit after a year and sales ...
Jul 19, 2023 (Gmt+09:00)
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Airlines
S.Korea-Japan flights outpace Gimpo-Jeju in H1 2023
As Japan eased its border restrictions at the end of last year, the number of passengers on routes between South Korea and Japan in the first half o...
Jul 17, 2023 (Gmt+09:00)
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Construction
Hyundai E&C joins project for Ukraine's post-war reconstruction
South Korea’s Hyundai Engineering & Construction (E&C) has joined a post-war reconstruction project in Ukraine to expand the nation&rs...
Jul 17, 2023 (Gmt+09:00)
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