Korean cosmetics on display at a Galeries Lafayette department store in Paris, France The global appetite for Korean beauty products shows no sign of slowing, with their exports in April surging 20% ...

Lotte Chemical's petrochemical plant in Seosan, South Chungcheong province (Courtesy of Lotte) Lotte Chemical Corp., South Korea’s second-largest petrochemical company grappling with mounting losses ...

Naver's logo is seen on its headquarters building in Korea Naver Financial Corp., the fintech subsidiary of South Korean tech giant Naver Corp., is looking to acquire Asil, a domestic big data-based ...

If the R&D proves successful, the partners plan to integrate their LMR production lines at existing US sites by 2028, sources said. GM’S STRATEGIC PIVOT GM’s strategic pivot is driven by its intention ...

The two groups have been running a 40:60 joint venture, HD Hyundai Chemical, since 2014. The JV operates an ethylene facility with an annual production capacity of 850,000 tons. Separately, Lotte ...

President Lee Jae-myung (second from right) presides over his first cabinet meeting on June 5, 2025 South Korea’s financial markets showed strong gains on Thursday, with shares surging to an 11-month ...

South Korea's new President Lee Jae-myung (left) and his wife greet supporters in front of the National Assembly in Yeouido, Seoul, early on June 4, 2025 (Photo by Eun-Koo Kang) South Korea’s liberal ...

Samsung Electronics' chip cleanroom Samsung Electronics Co. has brought a former Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) executive on board to lead its North American foundry operations ...

Yong Seok-woo, president and head of Samsung’s visual display business division Samsung Electronics Co., the world’s top smart TV maker, plans to offer seven years of a free upgrade to its open-source ...

Le Méridien Seoul in Myeongdong (Courtesy of Le Méridien) KT Corp., one of South Korea’s top three mobile carriers, is on a roll in the hotel business despite its late foray into the hospitality ...

New York-based Apollo Global Management and London-based Intermediate Capital Group (ICG) have joined the ranks of global private equity firms that have set up offices in Seoul. South Korea is one of ...

Boom in dermatology and cosmetic procedures fuels rise in revenues, exports and company valuations A cosmetologist performs an injection for lip augmentation and anti wrinkle therapy at a beauty salon ...