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 ...

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 ...

The National Pension Service is headquartered in Jeonju, North Jeolla Province The National Pension Service (NPS) plans to raise its equity allocation to about 55% of its assets by 2030 from 40.4% as ...

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 ...

Kim Sang-gon, head of Lee & Ko Including patent services and overseas operations, Lee & Ko’s revenue came in at 432.4 billion won in 2024. The number of M&A deals it handled reached 56, slightly short ...

A cosmetologist performs an injection for lip augmentation and anti wrinkle therapy at a beauty salon (Courtesy of Getty Images) As beauty-conscious tourists continue to flock to Seoul’s clinics, ...

EVs, SUVs lead Kia's record-high H1 sales in the US; Hyundai's Kona Electric, Santa Fe Hybrid and Elantra Hybrid sales triple on-year The 2023 Kia Sportage (Courtesy of Kia) Sungsu Bae1 2023-07-03 ...