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Retail
GS25 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 estuarine tidal flat in...
Aug 04, 2023 (Gmt+09:00)
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Travel & Leisure
Lotte Tour's Jeju Island casino hits record revenue in July
South Korea’s Lotte Tour Development's Jeju-based casino saw record revenue in July thanks to an increased number of foreign tourists to the c...
Aug 03, 2023 (Gmt+09:00)
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Travel & Leisure
Shinsegae Live Shopping launches first travel product to India in four years
South Korea’s Shinsegae Live Shopping announced on Thursday that it has partnered with Mode Tour to sell travel products to India for the firs...
Aug 03, 2023 (Gmt+09:00)
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Machinery
HD Hyundai Infracore opens online excavator store
South Korea's HD Hyundai Infracore Co. announced on Thursday that it has opened the first "Develon Online Store," an excavator online mall in the co...
Aug 03, 2023 (Gmt+09:00)
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Logistics
CJ Logistics teams up with world’s No. 7 shipping company ONE
South Korea's largest parcel delivery service CJ Logistics on Thursday said it signed a strategic partnership deal with Japan’s Ocean Network ...
Aug 03, 2023 (Gmt+09:00)
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Korean games
Com2us launches RPG game ‘Heir of Light: Eclipse’ in Canada, Indonesia
Com2us Holdings Corp. announced on Wednesday that its new role-playing game (RPG), Heir to Light: Eclipse, is now available on Google Play in ...
Aug 02, 2023 (Gmt+09:00)
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K-pop
K-pop group aespa to premiere ‘Better Things’ single in LA
K-pop girl group aespa will hold a concert "aespa LIVE TOUR 2023 - SYNK: HYPER LINE" at the Crypto.com Arena in Los Angeles, US, on August 13, their...
Aug 02, 2023 (Gmt+09:00)
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Bio & Pharma
IMM PE seeks to sell Korean contract drugmaker at $784 mn
IMM Private Equity has put a South Korean contract drugmaker on the market for up to 1 trillion won ($784 million) in a deal likely to attract major...
Jul 31, 2023 (Gmt+09:00)
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Electronics
Samsung TV Plus to feature free FIFA+ channel content
Samsung Electronics Co. said on Monday that it will offer the FIFA+ channel's content for free on Samsung TV Plus, expanding the sports offeri...
Jul 31, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia firm up ranking as world's 3rd; first-half profits improve
South Korea’s top automaker Hyundai Motor Group solidified its position as the world’s third-largest carmaker with improved profit margi...
Jul 31, 2023 (Gmt+09:00)
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Retail
Goyard bags high on SE Asians’ shopping list in S.Korea
Goyard outlets in Seoul bustled with shoppers on Friday, especially from Southeast Asia, looking for the French luxury brand’s popular bags: G...
Jul 28, 2023 (Gmt+09:00)
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Bio & Pharma
Kolon Pharma, Dongbang Medical to export medical threads to Brazil
Kolon Pharma, the pharmaceutical affiliate of South Korea's Kolon Group, announced on Thursday that it has signed a business agreement with Dongbang...
Jul 27, 2023 (Gmt+09:00)
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Retail
Lotte to open Vietnam's largest shopping mall in Hanoi
Lotte Shopping Co., the retail arm of South Korea's fifth-largest conglomerate Lotte Group, announced plans on Thursday to inaugurate its extensive ...
Jul 27, 2023 (Gmt+09:00)
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Artificial intelligence
Lotte's virtual human Lucy to debut in Thailand
South Korea's Lotte Home Shopping unveiled a plan on Wednesday to introduce its virtual influencer, Lucy, to Southeast Asia's burgeoning live commer...
Jul 26, 2023 (Gmt+09:00)
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Automobiles
Innocean releases brand film of Kia Sportage’s 30th anniversary
Innocean, a Hyundai Motor Group-affiliated advertising agency, has rolled out a brand film to mark the 30th anniversary of Kia Corp.'s Sportage, the...
Jul 25, 2023 (Gmt+09:00)
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Electronics
Solidigm launches world's largest capacity SSD for data centers
Solidigm, the NAND flash-making subsidiary of South Korea's semiconductor titan SK Hynix Inc., on Monday announced the release of its solid state dr...
Jul 24, 2023 (Gmt+09:00)
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Batteries
POSCO Future M spurs single-crystal cathode production
GWANGYANG – POSCO Future M Co., the battery materials unit under South Korean steel giant POSCO Holdings Inc., is spurring production of singl...
Jul 23, 2023 (Gmt+09:00)
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Automobiles
Hyundai Transys installs EV-customized seats on Kia EV9
South Korea's auto components maker Hyundai Transys on Thursday said it applied electric vehicle (EV) seat technology customized for electrification...
Jul 20, 2023 (Gmt+09:00)
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Electronics
Samsung to feature Warner Bros. film trailers via Neo QLED 8K TV
Samsung Electronics Co., the world’s largest TV maker, will feature Warner Bros. Entertainment Inc.’s new movie trailers through its hig...
Jul 20, 2023 (Gmt+09:00)
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Energy
KHNP develops world's first accident monitoring system for nuclear reactors
Korea Hydro & Nuclear Power (KHNP) announced on Wednesday that it has successfully developed the Technical Specification Operator Support System...
Jul 19, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE secures order for world's largest liquefied CO2 carrier
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), an intermediate subsidiary of HD Hyundai Co., has successfully won a contract to build t...
Jul 19, 2023 (Gmt+09:00)
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Corporate strategy
Lotte Group's Shin stresses unlearning as key to innovation
Disregarding existing ways and being open to new opportunities are challenging in South Korea’s large conglomerates, where a strict corporate ...
Jul 19, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Heavy Industries gets early jump on green vessel market
South Korea's HD Hyundai Heavy Industries Co. by late next year will develop mid-size engines for ammonia-powered ships using its own technology and...
Jul 19, 2023 (Gmt+09:00)
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Carbon neutrality
Lotte Chemical, DL Energy team up to produce renewable energy
South Korea’s Lotte Chemical Corp. and DL Energy have joined forces to spread carbon neutrality and environmental, social and governance (ESG)...
Jul 18, 2023 (Gmt+09:00)
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Korean stock market
EcoPro, Hanwha Ocean, JYP among top MSCI inclusion candidates
EcoPro Co., Hanwha Ocean Co., JYP Entertainment Corp. and Kumyang Co. are the top candidates for inclusion in the MSCI Korea Index when the global s...
Jul 18, 2023 (Gmt+09:00)
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K-pop
K-Pop music album exports hit record high in H1 2023
South Korea's K-pop music album exports achieved a new all-time record in the first half of this year, with shipments to the US rising to second p...
Jul 18, 2023 (Gmt+09:00)
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Entertainment
Blackpink YouTube exceeds 90 mn subscribers
K-pop girl group Blackpink's official YouTube channel subscribers surpassed 90 million on July 17 at 5:36 a.m., according to YG Entertainment Inc.Th...
Jul 17, 2023 (Gmt+09:00)
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Batteries
Lotte Materials invests in French silicon cathode materials startup
Lotte Energy Materials Corp., formerly Iljin Materials and now a copper foil manufacturing subsidiary of South Korea's Lotte Chemical Corp., on Sund...
Jul 17, 2023 (Gmt+09:00)
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Automobiles
Kia vows to take 10% of Indian market after 1 million car output
In celebration of producing 1 million cars from its Indian plant, Kia Corp. has vowed to command 10% of the Indian car market with more diverse mode...
Jul 14, 2023 (Gmt+09:00)
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Fashion
Lotte Department Store opens Louis Vuitton’s Take Over pop-up store
South Korea's Lotte Department Store announced on Friday that it operates a Louis Vuitton pop-up store in The Crown, located on the basement first...
Jul 14, 2023 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer