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EarningsHybrids, SUVs drive Hyundai Q2 profits to record high
Hyundai Motor Co. posted its strongest quarterly results in the second quarter, with brisk sales of high-margin models such as h...
Jul 25, 2024 (Gmt+09:00)
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E-commerceS.Korea fines AliExpress $1.4 mn for alleged privacy breach
South Korea’s privacy authority is punishing AliExpress with measures including a $1.4 million fine for allegedly not prov...
Jul 25, 2024 (Gmt+09:00)
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EarningsLG Electronics posts record Q2 profit, to accelerate transition into AI leader
LG Electronics Inc., a leading South Korean electronics maker, on Thursday posted its highest quarterly operating profit and sal...
Jul 25, 2024 (Gmt+09:00)
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EconomyS.Korea’s economy slows in Q2, but on growth course
South Korea’s economy unexpectedly slowed in the second quarter on softer private consumption and business investments, re...
Jul 25, 2024 (Gmt+09:00)
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Food & BeverageLotte Wellfood expands dairy exports to Vietnam
South Korea's Lotte Wellfood Co. announced on Thursday that it will increase dairy exports to the Vietnamese market.The products...
Jul 25, 2024 (Gmt+09:00)
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Food & BeveragePaldo enters S&R, Puregold in Philippines
South Korea’s food and beverage company Paldo is strengthening its competitiveness in the Philippine market.Paldo announce...
Jul 25, 2024 (Gmt+09:00)
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EnergySamsung C&T to participate in basic design of Romania SMR
Samsung C&T Corp., the construction and trading unit of South Korea’s Samsung Group, will participate in the basic des...
Jul 25, 2024 (Gmt+09:00)
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Korean startupsKorea to build startup campuses in Seoul, Busan by 2026
South Korea will establish startup hubs in Seoul and Busan, the country’s largest port city, by the first half of 2026 to ...
Jul 25, 2024 (Gmt+09:00)
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PetrochemicalsS.Korea's refining industry sees record export of 245.3 mn barrels
South Korea's four major oil refiners—SK Energy, GS Caltex, S-Oil Corp., and HD Hyundai Oilbank—achieved a record ...
Jul 25, 2024 (Gmt+09:00)
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Tech, Media & TelecomLG CNS, Aeon to collaborate on EdTech in Japan
South Korea's LG CNS announced on Thursday it signed a memorandum of understanding (MOU) with Aeon, an education company operati...
Jul 25, 2024 (Gmt+09:00)
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Electric vehiclesHyundai, Kia to hike prices of low-cost EVs for profitability
Hyundai Motor Group, the world’s third-largest carmaker, plans to increase prices of the existing low-cost electric vehicl...
Jul 25, 2024 (Gmt+09:00)
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EnergyTaihan Cable wins $137 mn long-term contract in US
South Korea's Taihan Cable & Solution Co. announced on Thursday that its US sales subsidiary T.E.USA has secured a long-term...
Jul 25, 2024 (Gmt+09:00)
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EarningsSK Hynix to supply 12-layer HBM3E to Nvidia in Q4; profit soars in Q2
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Thursday it has made a s...
Jul 25, 2024 (Gmt+09:00)