Black Space Engine

Real estate Ritz-Carlton to return to Seoul, tapped by IGIS Asset for landmark project

IGIS Asset Management Co., South Korea’s leading real estate investment firm, has named The Ritz-Carlton the preferred hotel brand for its amb...

K-pop KAIST launches Korean rapper G-Dragon’s music into space

The Korea Advanced Institute of Science & Technology (KAIST) has launched the music and iris image of G-Dragon, a Korean rapper and singer-songw...

Automobiles Korea’s KG Mobility teams up with Chery to develop mid to large SUVs

KG Mobility Corp., a South Korean automaker specializing in sport utility vehicles, said on Wednesday it joined hands with China’s fourth-larg...

Airlines Korean Air purchases GE engines for new Boeing aircraft

Korean Air Lines Co. has agreed to buy engines from GE Aerospace to power its new Boeing aircraft, GE Aerospace said on Wednesday.Under the agreemen...

Airlines Korean Air to finalize $32.7 bn deals with Boeing, GE Aerospace

Korean Air Lines Co., the country’s top full-service carrier, is set to soon finalize $32.7 billion deals with Boeing Co. and GE Aerospace for...

Earnings Naver founder to return as board chair; 2024 earnings solid

Lee Hae-jin, the founder of South Korea’s No. 1 internet portal operator Naver Corp., is set to return to the company to lead the board amid t...

Shipping & Shipbuilding HD Hyundai Marine sets sights on LNG vessel retrofitting in Trump era

While the global shipbuilding industry was reeling from the economic slowdown in recent years, South Korea’s HD Hyundai Marine Solution Co., a...

Aerospace & Defense Hanwha Aerospace nears $276 million K9 howitzer deal with Vietnam

South Korea’s Hanwha Aerospace Co. is close to signing a 400 billion won ($276 million) deal to export as many as 30 units of the K9 Thunder s...

Carbon neutrality KG Mobility, Phinia to co-work for hydrogen engine

South Korea's automaker KG Mobility Corp. said on Thursday it partnered with the global car aftermarket solutions company Phinia to develop hydrogen...

Shipping & Shipbuilding Hanwha to more than double staff at US Philly Shipyard in 10 years

South Korea’s Hanwha Group is set to more than double its employees at Hanwha Philly Shipyard in the US over the next 10 years as the chemic...

Batteries HD Hyundai Infracore to invest $79.6 mn in engine, battery pack

South Korea's HD Hyundai Infracore Co. said on Monday it signed a memorandum of understanding (MOU) with North Jeolla Special Self-Governing Provinc...

Aerospace & Defense Doosan Enerbility, KAI to cooperate on aero engine localization

South Korea's Doosan Enerbility Co. and Korea Aerospace Industries Ltd. (KAI) said on Tuesday that the two companies signed a memorandum of understa...

Aerospace & Defense Boryung invests $10 million in Intuitive Machines

South Korea's Boryung Corp. said on Friday it bought $10.0 million in shares of US-based lunar lander company Intuitive Machines to expand its space...

Beauty & Cosmetics LG H&H’s sales surge 156% on Amazon Black Friday

South Korea’s LG H&H Co. said on Thursday its sales on Amazon Black Friday this year surged 156% year over year.The Face Shop's Rice Water...

Machinery HD Hyundai Infracore wins diesel engine award in Italy

South Korea's HD Hyundai Infracore Co.'s new diesel engines were selected as the best diesel engines of the year in Italy.This marks the first time ...

Tech, Media & Telecom LG Electronics accelerates foray into private 5G service

LG Electronics Inc.'s push to expand its presence in the burgeoning private 5G network market is poised to gain traction. The South Korean electroni...

Construction & Planning Hyundai E&C signs engineering deal for two nuclear reactors in Bulgaria

South Korea’s Hyundai Engineering & Construction Co. has signed a nuclear power plant design contract with Bulgaria's state nuclear power ...

Chemical Industry HD Hyundai OCI supplies recycled tire materials to Hankook Tire

HD Hyundai OCI, the petrochemical affiliate of HD Hyundai Oilbank, said on Tuesday it started to supply Hankook Tire & Technology with recycled ...

Aerospace & Defense S.Korea’s KF-21, Lockheed's F-16 shortlisted for Philippine fighter jet deal

South Korea’s homegrown fighter jet KF-21 is competing against US defense firm Lockheed Martin Corp.’s F-16 for the Philippine governmen...

Food & Beverage S.Korea’s No.1 soju maker HiteJinro to foray into global beauty market

HiteJinro Group, South Korea’s No. 1 alcoholic beverage maker with a century-old history, has tapped cosmetics development and production as a...

ASK 2024 KIC bets on AI-driven value creation: CEO

Sovereign wealth fund Korea Investment Corporation (KIC) will aggressively explore early investment opportunities in sectors undergoing AI-driven in...

Tech, Media & Telecom KT, KT SAT, Nara Space to launch satellite data biz

South Korea's KT Corp. said on Monday it will pursue a joint project utilizing satellite data with KT SAT and Nara Space Technology Inc.The plan is ...

Shipping & Shipbuilding HD Hyundai unveils world’s 1st high-pressure ammonia dual-fuel engine

HD Hyundai Heavy Industries Co. said on Thursday it has developed the world's first ammonia dual-fuel engine with a high-pressure direct injection s...

Construction Hyundai E&C, Surbana Jurong to team up on power projects

South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) established a cooperative network with Singapore's largest public-sector ...

Robotics HL to acquire French parking robot firm Stanley Robotics for $24 million

HL Group, the construction-to-auto parts conglomerate in South Korea, will acquire the world’s sole outdoor self-driving parking robot-produci...

Logistics CJ Logistics transports KAI’s T-50TH to Thailand

South Korea's CJ Logistics transported two T-50TH fighter jets, manufactured by Korea Aerospace Industries Ltd. (KAI), to Thailand, the company sa...

Automobiles Genesis sponsors Busan International Film Festival

Hyundai Motor Co.'s premium brand Genesis said on Friday that it will continue its sponsorship of the 29th Busan International Film Festival (BIFF),...

Automobiles Genesis unveils GV80 Black, GV80 Coupe Black

Hyundai Motor Co.'s premium brand Genesis on Friday unveiled its large-size sport utility vehicles (SUVs) the Genesis GV80 and GV80 Coupe Black mode...

Petrochemicals Sambark LFT rebranded as Lotte Engineering Plastics

Sambark LFT Co., a plastic materials producing unit of Lotte Chemical Corp., has changed its name to Lotte Engineering Plastics Co., the company sai...

Tech, Media & Telecom SK Broadband unveils upgraded AI-powered IPTV service

SK Broadband Co., South Korea’s No. 2 internet service provider, has upgraded the voice command function of its internet protocol television (...