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 ...

Laura Major with Motional's all-electric IONIQ 5 robotaxi (Courtesy of Motional) Motional Inc., the autonomous driving joint venture backed by Hyundai Motor Group, has appointed Laura Major, an ...

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 ...

Micron SOCAMM is a modular LPDDR5X memory solution for AI servers in data centers (Courtesy of Micron) In a move that could reshape the global memory industry’s competitive dynamics, Nvidia Corp. has ...

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 ...

Philly Shipyard in Philadelphia, Pennsylvania (Courtesy of Hanwha Group) Hanwha Group will significantly increase production capacity at its US shipyard from 1.5 vessels to 10 per year as it aims to ...

Bank of Korea Gov. Rhee Chang-yong speaks during a press conference after the central bank cut its policy rate by 25 bps to 2.55% on May 29, 2025 The Bank of Korea (BOK) on Thursday cut its benchmark ...

Celltrion's Herzuma (Courtesy of Celltrion) South Korea’s biopharmaceutical giant Celltrion Inc. has solidified its presence in South America after winning supply contracts for its flagship cancer ...

Samsung Engineering wins biggest-ever $3.6 bn deal; shares surge Samsung Engineering Co., a construction arm of Samsung Group, has clinched a 4.1 trillion won ($3.6 billion) deal to build part of a ...