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Private equityAffinity's CJ Lee to become 3rd Korean executive to leave
Affinity Equity Partners’ founding member and Managing Partner Lee Chul-joo (CJ Lee) will resign from the Asia’s lea...
Aug 04, 2023 (Gmt+09:00)
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Tech, Media & TelecomKorea's new superconductor will be verified: research team
Global scientists will be able to replicate South Korean researchers’ recent findings of room-temperature superconductor i...
Aug 04, 2023 (Gmt+09:00)
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Advertising & MarketingVirtual human Lucy to sell Galaxy Z in live commerce
Lotte Home Shopping's virtual human Lucy expands her activities by selling The Galaxy Z Flip 5 and "Z Fold 5" on live commerce, ...
Aug 04, 2023 (Gmt+09:00)
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EnergyS.Korean transformers invade US market on surging demand
South Korea’s heavy electrical equipment makers are expanding their presence in the US, the world’s second-largest e...
Aug 04, 2023 (Gmt+09:00)
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AirlinesAir travel from Korea roars back to everywhere, except China
Flight routes between South Korea and China, once Korean flag carriers’ most lucrative, have become their white elephant a...
Aug 04, 2023 (Gmt+09:00)
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AutomobilesHyundai, Kia to showcase new cars at Indonesia’s GIIAS auto show
Hyundai Motor Co. and Kia Corp. will participate in Indonesia’s largest auto show next week as the South Korean sister fir...
Aug 04, 2023 (Gmt+09:00)
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BatteriesIndonesia vows support for LG-led $9.8 bn battery project
Indonesian Minister of Investment Bahlil Lahadalia on Thursday affirmed its government’s commitment to a $9.8 billion elec...
Aug 04, 2023 (Gmt+09:00)
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Korean gamesCom2uS' Minigame Party surpasses 1 mn global downloads
South Korean game company Com2uS Corp. announced on Friday that its mobile game "Minigame Party," which was simultaneously relea...
Aug 04, 2023 (Gmt+09:00)
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Bio & PharmaDongwha Pharm to buy Vietnamese pharmacy chain at $30 mn
South Korea's Dongwha Pharm announced on Thursday that it signed an agreement to acquire a 51% stake in Trung Son Pharma, a lead...
Aug 04, 2023 (Gmt+09:00)
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ConstructionKolon Global wins $226 mn contract for Mongolian public housing project
South Korea's Kolon Global Corp. announced on Friday that it has won a public housing construction project in Mongolia worth 295...
Aug 04, 2023 (Gmt+09:00)
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RetailGS25 cuts prices amid controversy over World Scout Jamboree branch
South Korea's convenience store chain GS25, which has a makeshift branch for the 25th World Scout Jamboree in Saemangeum, an est...
Aug 04, 2023 (Gmt+09:00)
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Shipping & ShipbuildingHD KSOE wins order for 2 LNG carriers
South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) on Thursday said it landed a deal to build two liqu...
Aug 04, 2023 (Gmt+09:00)
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Food & BeverageHeads of S.Korea's chicken chains promoting expansion abroad
The CEOs of South Korea's top three fried chicken franchises are promoting their brands overseas based on the judgement that gro...
Aug 04, 2023 (Gmt+09:00)
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Korean gamesNexon launches hit RPG Blue Archive in China
South Korea’s major game company Nexon Co. on Thursday said it officially released on the Chinese market Blue Archive, a s...
Aug 04, 2023 (Gmt+09:00)
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Mobile networksKakao to release super-large AI model, superapp
Kakao Corp. on Thursday announced that it will transform South Korea’s dominant mobile messaging app KakaoTalk into an AI-...
Aug 04, 2023 (Gmt+09:00)
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Beauty & CosmeticsS.Korean cosmetics overtake French as top imports in Japan
South Korean cosmetics topped the Japanese import market for the first time in 2022, surpassing French brands, the Yomiuri Shi...
Aug 04, 2023 (Gmt+09:00)
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Mergers & AcquisitionsWith 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 ...
Aug 04, 2023 (Gmt+09:00)
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AutomobilesLG Uplus to equip Toyota Highlander’s infotainment platform
South Korea's LG Uplus Corp. announced on Friday its strategy to outfit Toyota's Highlander, a seven-seater SUV, with Toyota C...
Aug 04, 2023 (Gmt+09:00)
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EarningsNaver 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 robu...
Aug 04, 2023 (Gmt+09:00)
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EarningsTesla supplier L&F’s earnings disappoint; shares down
L&F Co., global electric vehicle leader Tesla Inc.’s battery materials supplier, missed quarterly earnings estimates o...
Aug 04, 2023 (Gmt+09:00)