K-food behind Japanese travelers' rush to S.Korea

K-food behind Japanese travelers' rush to S.Korea

South Korea is actively promoting itself as a foodies’ heaven to invite more Japanese tourists who have already contributed the most to the co...

Paris Baguette to open nine new North American stores in Sept.

Paris Baguette to open nine new North American stores in Sept.

Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Wednesday that it plans to open nine new stores in North America this...

HBM market to nearly double; next-gen DRAM to revive demand: KIW

HBM market to nearly double; next-gen DRAM to revive demand: KIW

SK Hynix Inc. and Samsung Electronics Co. are confident that a new memory chip market renaissance is just around the corner thanks to the generative...

LG seeks outside innovators' ideas on new growth drivers at Superstart Day    

LG seeks outside innovators' ideas on new growth drivers at Superstart Day    

LG Group, South Korea’s fourth-largest business group, is actively embracing collaboration with outside innovators to foster its new growth dr...

Seoul to open hidden space below City Hall subway station

Seoul to open hidden space below City Hall subway station

Seoul is set to unveil a secret path below the City Hall subway station to the public for the first time in 40 years as the South Korean capital aim...

S.Korea woos Chinese visitors via temporary e-visa fee exemption

S.Korea woos Chinese visitors via temporary e-visa fee exemption

South Korea has waived e-visa issuance fees through year's end for Chinese visitors on group tours.This is in response to the travel industry's re...

Hanwha to showcase advanced weapons systems in Poland

Hanwha to showcase advanced weapons systems in Poland

South Korea’s Hanwha Group will unveil its advanced land, sea, air and space weapons systems this week at the International Defense Industry E...

K-pop rookies, fresh boost for Korean entertainment stocks

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...

IS Dongseo buys EV battery recycling firm BTS Technology

IS Dongseo buys EV battery recycling firm BTS Technology

IS Dongseo Co., a South Korean waste management company, has acquired Slovakia-based battery recycling company BTS Technology Ltd. for 37.5 billion ...

Korean exodus from China funds amid deepening property crisis  

Korean exodus from China funds amid deepening property crisis  

South Korean investors’ retreat from Chinese equity funds of nearly 10 trillion won ($7.5 billion) in total principal is accelerating amid dee...

Schindler-invested Hyundai Elevator faces S.Korean activism

Schindler-invested Hyundai Elevator faces S.Korean activism

South Korea’s Hyundai Elevator Co., the No. 2 shareholder of which is Schindler Holding AG, has faced a request from a local activist investor...

S.Korean hybrid car market surpasses $4.56 bn in H1 2023

S.Korean hybrid car market surpasses $4.56 bn in H1 2023

South Korea's hybrid car market has shown a remarkable surge, reaching 6.12 trillion won ($4.56 billion) in the first half of 2023, according to the...

NewJeans selected as models for Hyundai Dept. Store Duty Free

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...

Hyundai's premium Genesis cars to break 1 million units in global sales

Hyundai's premium Genesis cars to break 1 million units in global sales

Genesis, the luxury car brand of Hyundai Motor Co., is on the verge of breaking the million mark in cumulative global sales this month in seven year...

Falling on deaf ears: Costco Korea cart pusher's death

Falling on deaf ears: Costco Korea cart pusher's death

Costco Wholesale’s co-founder Jim Sinegal had said South Korea was a “fantastic market,” where it ran its largest store in terms o...

Hanwha Group gears up for foray into aviation industry

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...

S.Korea-China ferries resume passenger transport after hiatus of 43 months

S.Korea-China ferries resume passenger transport after hiatus of 43 months

The Ministry of Oceans and Fisheries of South Korea announced on Thursday that the passenger ferry New Grand Peace is set to embark on Friday aftern...

Toss’ TADA sale back to square one; its mobility push faces setback

Toss’ TADA sale back to square one; its mobility push faces setback

Viva Republica Inc., South Korea’s fintech unicorn operating mobile financial platform Toss, is at a crossroads as its second attempt to sell ...

With long-gone heyday, Capro clings to stake sale for survival

With long-gone heyday, Capro clings to stake sale for survival

Once everyone’s darling but now an ugly duckling, Capro Co., South Korea’s sole maker of caprolactam, a nylon raw material, is despera...

Costco Korea under heavy scrutiny over cart pusher’s death

Costco Korea under heavy scrutiny over cart pusher’s death

Costco has come under heavy scrutiny after a 29-year-old cart pusher at one of its outlets near Seoul died after working in scorching heat in June, ...

K-pop girl group NewJeans tops US Billboard 200

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...

42dot launches its first B2B self-driving shuttle service

42dot launches its first B2B self-driving shuttle service

42Dot, a self-driving technology affiliate of Hyundai Motor Group, on Tuesday said it launched a self-driving shuttle at Samsung Mobility Museum in ...

S.Korea's shipbuilders near $9.4 bn in LNG carrier orders from Qatar

S.Korea's shipbuilders near $9.4 bn in LNG carrier orders from Qatar

South Korea's top three shipbuilders -- HD Hyundai Heavy Industries Co., Hanwha Ocean Co. and Samsung Heavy Industries -- as early as September wi...

Nearly all HMM ships meet int'l CO2 rules

Nearly all HMM ships meet int'l CO2 rules

South Korea’s No. 1 container transportation and shipping service HMM Co., Ltd on Monday said the Carbon Intensity Indicator (CII), which meas...

S.Korea to form $6.2 bn corporate venture capital fund pool by 2025

S.Korea to form $6.2 bn corporate venture capital fund pool by 2025

The South Korean government and the private sector will jointly create a corporate venture capital (CVC) fund pool worth more than 8 trillion won ($...

No subsidy, no problem: Hyundai, Kia make top 10 US list for EV sales

No subsidy, no problem: Hyundai, Kia make top 10 US list for EV sales

Hyundai Motor Co. and Kia Corp. in the first half of the year were among the top 10 in sales of battery electric vehicles (EVs) in the US despite re...

Nanotech startup Deepsmartech crowned at D.Day’s July demo day

Nanotech startup Deepsmartech crowned at D.Day’s July demo day

Nanotech startup Deepsmartech celebrated its victory Thursday at July D.Day, held on Jeju Island, a South Korean resort isle poised to become the co...

Road near SK On’s US plant in Georgia named SK Blvd

Road near SK On’s US plant in Georgia named SK Blvd

South Korean battery maker SK On announced on Thursday that a road near its US corporation, SK Battery America's (SKBA) site, has been renamed "SK...

Samsung to open Galaxy Experience Spaces in seven cities

Samsung to open Galaxy Experience Spaces in seven cities

Samsung Electronics Co. announced on Tuesday that it will open the "Galaxy Experience Spaces" in seven cities spanning six countries. These spa...

Michael Jordan's Steakhouse to open in S.Korea

Michael Jordan's Steakhouse to open in S.Korea

Mohegan Inspire entertainment resort, which plans to be built near Incheon International Airport, will feature a restaurant and bar named after "His...

Samsung foundry poised to win Intel’s 8 nm chip order STIC Investment to acquire laundry franchise giant Cleantopia for about $480 mn KT turns to lifer Park Yoon-young for CEO role South Korea’s year-end IPO market defies seasonal lull Hong Kong-based Gaw Capital poised to acquire Koentec for $500 mn