The History of Whoo

Business & Politics Ruthless Politics of South Korea Is Rooted in Cold-War History

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Automobiles Kia holds exhibition reflecting on 80-year-history

Kia Corp., South Korea’s second-largest automaker, said on Thursday it opened a heritage exhibition "From Moments to Movement," showcasing its...

Shipping & Shipbuilding HD Hyundai Marine Solution wins $60 mn ship maintenance contract

HD Hyundai Marine Solution Co., HD Hyundai’s marine industry comprehensive solution company, signed its largest long-term maintenance contract...

Korean chipmakers Hanmi Semiconductor wins $16 mn HBM equipment order from SK Hynix

South Korean chip equipment company Hanmi Semiconductor Co. announced on Friday that it has secured a 21.5 billion won ($16.1 million) supply deal f...

Tech, Media & Telecom Naver launches AI-based hotel recommendations service

South Korea’s web portal giant Naver Corp. has launched a beta service for For You, which recommends hotels using artificial intelligence (A...

Beauty & Cosmetics LG H&H's The Whoo unveils Cheongidan renewal line in Shanghai

LG H&H Co. announced on Thursday its strategy to focus on the Chinese market by unveiling a renewal version of "Cheongidan," the flagship produc...

Business & Politics Korea’s business lobby group FKI goes down in history in disgrace

The Federation of Korean Industries (FKI), the voice of the conglomerates that formed the engine of the South Korean economy for more than five deca...

Shipping & Shipbuilding HD KSOE wins order for 2 LNG carriers

South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) on Thursday said it landed a deal to build two liquefied natural gas (L...

Automobiles Hyundai Motor union demands higher wages on record earnings

Historically, Hyundai Motor Co.'s labor union has been among the most hardline in South Korea's corporate wage negotiations.Despite the relatively l...

Aerospace & Defense S.Korea's lunar orbiter Danuri captures back side of the moon

South Korea's first lunar orbiter Danuri has released photos of the moon's far side. The Korea Aerospace Research Institute (KARI) announced on Wedn...

Companies Doosan Group opens museum on its corporate history

South Korea's Doosan Group on Tuesday opened Doosan Heritage 1896, a museum displaying 127 years of the conglomerate's history, at Doosan Tower in t...

Business & Politics S.Korean firms offer aid to earthquake-stricken Turkey

South Korean companies are joining the international effort to aid Turkey in the aftermath of a devastating earthquake.Doosan Group announced on Wed...

Cloud computing NHN Cloud joins ranks of unicorns with $120 mn funding

NHN Cloud Co., a computer clouding service provider, has raised 150 billion won ($120 million) from South Korea-based IMM Investment, joining the ra...

Korean startups KED's startup news platform Geeks launches revamped website

Geeks, The Korea Economic Daily’s startup news platform launched in May, launched an upgraded website in Korean on Monday. The new conten...

Earnings Korean Air soars with best quarterly results in its history

Korean Air is flying high after breaking its quarterly record for the second time this year thanks to growing profits from passenger flights as well...

Beauty & Cosmetics LG Household acquires The Crème Shop for US expansion

LG Household & Health Care Ltd. has acquired a controlling stake in The Crème Shop Inc. as it seeks to expand its presence in the US beau...

Earnings Asiana Airlines swings to profit in 2021 on cargo boom

South Korea's Asiana Airlines Inc. turned to the black in 2021, reporting its largest-ever operating profit since 2010, as global supply chain disru...

Private equity MBK's deals rank among top 2021 PE exits in N.Asia

North Asia-focused MBK Partners has made lucrative exits from three investments in South Korea, China and Japan this year. They rank among the nine ...

The award ceremony airs live Chunsa International Film Festival

Chunsa International Film Festival is where filmmakers and audiences meet and look to collaborate on the constructive future of Korean films. In memor...

Markets Korea’s household investment in stock assets up by 62.8% vs. Q1 2020

South Korean households over the last 12 months have vastly increased investments in both domestic and overseas stock markets, with the total invest...

Venture capital Vision Fund loss slashes Masayoshi Son’s 2020 salary by 52%

SoftBank Group founder and CEO Masayoshi Son’s salary more than halved last year, according to the group’s regulatory filing on May 28.T...

K-pop BTS rewrites pop history as it goes mainstream in US

“One day the world stopped, without any notice … people say that the world has changed ... but thankfully our relationship is still t...