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Regulations
Go bolder with regulatory reform to foster unicorns in Korea: KERI
Regulatory reform is still slow in South Korea, obstructing innovation in technologies and industries, and the government must take bolder action to...
Jul 12, 2023 (Gmt+09:00)
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Logistics
CJ Logistics revamps itself into tech-based company
South Korea’s CJ Logistics on Monday said it has revamped its internal organization that it had maintained since its foundation in 1930. ...
Jul 11, 2023 (Gmt+09:00)
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Electronics
Samsung Electronics opens gaming-focused shopping platform
South Korea's Samsung Electronics Co. announced on Monday that it has opened the Samsung Gaming Portal on its domestic website Samsung.com to streng...
Jul 10, 2023 (Gmt+09:00)
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Travel & Leisure
KTO releases 49 Korean Wave tourism products
The Korea Tourism Organization (KTO) said on Friday that it has selected 49 tourism routes developed by 19 different travel agencies, centered aroun...
Jul 07, 2023 (Gmt+09:00)
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Korean stock market
GS E&C loses $230 mn market capitalization in one day
GS Engineering & Construction Co.'s stock price plummeted on Thursday in the aftermath of the underground parking lot collapse. Following the Mi...
Jul 06, 2023 (Gmt+09:00)
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Aerospace & Defense
Korean Air delivers AH-6 helicopter fuselage to Boeing
Korean Air Lines Co. announced on Monday that it has delivered the initial production units of AH-6 helicopter fuselages for the AH-6 project awarde...
Jun 26, 2023 (Gmt+09:00)
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Foreign exchange
Yen’s plunge spurs bargain-hunting in Korea; savings fastest in 6 years
The sliding yen is prompting South Koreans to go bargain-hunting for the Japanese currency in the wobbly financial market as yen-denominated deposit...
Jun 23, 2023 (Gmt+09:00)
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Culture & Trends
S.Korean content biz event in Indonesia targets SE Asian consumers
An export conference for South Korean content this week in Jakarta, Indonesia, targeted the Southeast Asian market's population of 600 million.The I...
Jun 23, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Blind recognized as one of Time100 Most Influential Companies 2023
Blind, the renowned online forum for verified but anonymous professionals, has been included on the esteemed Time100 Most Influential Companies list...
Jun 23, 2023 (Gmt+09:00)
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Electric vehicles
Tmap Mobility to launch EV charging delivery service
South Korean navigation app company Tmap Mobility announced on Tuesday that it will launch a mobile electric vehicle (EV) charging delivery service ...
Jun 20, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea's shipyards get OK from shipping companies to delay vessel delivery
South Korean shipbuilders are breathing a sigh of relief despite the postponed delivery of their container ships due to a chronic shortage of domest...
Jun 19, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharm’s Cenobamate gets nod in Canada, to boost US sales
South Korea’s SK Biopharmaceuticals Co. has obtained the sales approval for its antiepileptic treatment Cenobamate in Canada, paving the way f...
Jun 15, 2023 (Gmt+09:00)
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Leadership & Management
Samsung Elec joins global 4-day workweek push for work-life balance
Samsung Electronics Co. is joining the global four-day workweek move, albeit only partially, under its chief Jay Y. Lee’s leadership that emph...
Jun 12, 2023 (Gmt+09:00)
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Robotics
HL Klemove partners with Neubility to develop self-driving robot
South Korea's self-driving technology company HL Klemove has partnered with Neubility, a domestic autonomous driving robot service platform, to coll...
Jun 12, 2023 (Gmt+09:00)
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Batteries
Korea’s cathode supplier L&F aims to make it big with anodes: CEO
DAEGU – L&F Co., a former LCD backlight unit maker, has long been a stranger even to locals in Daegu, a provincial city 165 km away from S...
Jun 11, 2023 (Gmt+09:00)
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Chemical Industry
Hyosung Chemical’s credit rating downgraded one notch
Korea Investors Service downgraded the unsecured bond credit rating of Hyosung Chemical on Thursday from A to A-, saying that its profit-generating ...
Jun 08, 2023 (Gmt+09:00)
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Automobiles
Hyundai's journey from the Pony to world's No.3 carmaker
South Korea’s Hyundai Motor Co. will open its first retrospective exhibition this week, chronicling its 50-year-long journey from its start as...
Jun 08, 2023 (Gmt+09:00)
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Robotics
KT to start outdoor robot delivery in Seoul from Q4
South Korea’s KT Corp. from the fourth quarter will start outdoor robot delivery of food and daily necessities in Seoul’s upscale distri...
Jun 08, 2023 (Gmt+09:00)
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Carbon neutrality
Kakao unveils index on user contributions to environment
South Korea's mobile platform company Kakao Corp. on the occasion of World Environment Day on Monday unveiled on its website figures from the Kaka...
Jun 05, 2023 (Gmt+09:00)
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Korean startups
Bredis Healthcare, Tilda win June D.Day, Korea’s oldest startup pitch race
An early-stage startup by young entrepreneurs who developed a digital diagnostic tool for brain disease and an AI-powered business optimization prog...
Jun 05, 2023 (Gmt+09:00)
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Korean stock market
HYBE employees accused of insider stock trading over BTS
Three HYBE employees on Wednesday were accused of insider stock trading, allegedly selling the South Korean entertainment giant's shares before K-po...
May 31, 2023 (Gmt+09:00)
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Energy
Moody’s cuts credit view on KEPCO to lowest investment grade
Moody’s on Friday cut its view on KEPCO’s credit to the lowest investment grade, a move that could lead the rating agency to downgrade t...
May 26, 2023 (Gmt+09:00)
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Economy
S.Korea's economy no longer supported by China: BOK head
South Korea’s central bank chief said on Monday the local economy is no longer supported by China given the sustained decline of its exports t...
May 22, 2023 (Gmt+09:00)
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Automobiles
Chevrolet Trailblazer tops in US small SUV market
Chevrolet Trailblazer claimed the top spot in the subcompact crossover SUV market in the United States in the month of April. It maintained its posi...
May 17, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor holds Brand Day in Tokyo
Hyundai Motor Co., in celebration of the first anniversary of its reentry into the Japanese market, is introducing a locally tailored "assurance pro...
May 16, 2023 (Gmt+09:00)
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K-pop
CJ’s K-culture event draws record-high numbers in Japan
CHIBA, JAPAN – A global K-pop concert hosted by CJ ENM Co., a South Korean entertainment powerhouse, heated up the venue in Japan with an audi...
May 15, 2023 (Gmt+09:00)
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COVID-19
Korea to lift most COVID-19 rules with lower crisis level
South Korean President Yoon Suk Yeol on Thursday declared an end to most COVID-19 restrictions including mandatory quarantine for patients of the pa...
May 11, 2023 (Gmt+09:00)
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Earnings
Coupang reports third profitable quarter in a row
South Korea’s Coupang Inc. on Wednesday reported three quarters of consecutive profits, calming investors' concerns about its cumulative ...
May 10, 2023 (Gmt+09:00)
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Bio & Pharma
Lemonex signs MOU with WHO mRNA vaccines tech hub
South Korea's gene therapeutics developer Lemonex announced on Tuesday that it has signed a memorandum of understanding (MOU) with the World Health ...
May 09, 2023 (Gmt+09:00)
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Robotics
Hyundai, IGIS sign deal to develop robot-friendly buildings
Hyundai Motor Group said on Tuesday that it has signed a business agreement with IGIS Asset Management Co., the largest real estate investment firm ...
May 09, 2023 (Gmt+09:00)
Latest News
- 1 Korea’s top cinema chains seek merger to counter box office slump
- 2 S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
- 3 CJ CheilJedang to open $72 mn dumpling plant in Japan
- 4 LG Electronics breaks ground on $600 million home appliance plant in India
- 5 KakaoBank posts record Q1 profit, eyes Thai expansion after Indonesia