hot pepper paste

Steel POSCO to sell entire stake in Nippon Steel, ending equity ties

POSCO Holdings Inc. has decided to sell its entire stake in Nippon Steel Corp., according to industry sources on Wednesday, marking the end of their...

Korean startups Hyundai Motor spins off 4 in-house startups in energy, AI, mobility

South Korea’s auto behemoth Hyundai Motor Group has spun off its four in-house startups with innovative technologies in mobility, automation a...

Steel Dongkuk to file anti-dumping petition vs Chinese color steel imports

Dongkuk Coated Metal Co. and SeAh Steel Corp. are set to file an anti-dumping complaint against Chinese rivals in March as the country plans to impo...

Steel South Korea to levy 38% anti-dumping duties on Chinese steel products

South Korea plans to impose up to 38% provisional anti-dumping duties on Chinese hot-rolled steel plates starting next month, judging that those pro...

Steel Korea to probe Chinese, Japanese steel imports over anti-dumping claims

South Korea is set to launch an anti-dumping investigation into hot-rolled steel imports from China and Japan, according to government and industry ...

Tech, Media & Telecom Microsoft CEO Nadella seeks AI alliance with Hyundai, POSCO, Shinhan, KT

Microsoft Corp. Chairman and Chief Executive Satya Nadella is seeking to forge an artificial intelligence alliance with major South Korean companies...

Korean startups Hyundai Motor to introduce 10 startups in robotics, AI at CES 2025 

Hyundai Motor Group, which has been promoting open innovation through generous investment in startups with promising technologies, will lead 10 cher...

Economy S.Korea’s inflation stays at 1% level for 3rd straight month

South Korea’s consumer prices remained steady at the 1% level for the third straight month in November thanks to a drop in oil prices. But eco...

Korean stock market S.Korean retail investors rush to buy Indian stocks on dips

South Korea's mom-and-pop investors have upped their stake in Indian stocks, hoping that Donald Trump's return to the White House will boost the Sou...

Food & Beverage Samyang Foods' Buldak Ramen gets K-food Safety certification

South Korea's Samyang Foods Co. said on Thursday its Buldak Ramen (hot chicken flavor ramyun) received the domestic production certification K-food ...

Artificial intelligence GS Group, Notion to team up on AI capabilities

South Korea's GS Group signed a memorandum of understanding (MOU) with Notion, the US-based popular collaboration software company to enhance its ...

K-pop Blackpink Rosé’s APT. debuts at No. 8 on Billboard Hot 100

Blackpink Rosé's single APT. has debuted at No. 8 on the Billboard Hot 100, according to the music magazine Billboard on Tuesday.With the tit...

Korean chipmakers Artificial intelligence creates DRAM divide between hot sellers, laggards

In recent years, the big buzz across industries has been around the power of artificial intelligence, with some critics raising concerns about AI ex...

Economy Vietnamese lead influx of foreign workers with Korean dream

On Aug. 31, 2004, 92 Filipinos, wearing T-shirts and white caps, entered Incheon International Airport determined to make money in South Korea and r...

Foreign exchange Won to soften past 1,400, BOK rate cut likely in Oct: poll

The Korean won is forecast to continue its downward spiral and soften past the 1,400 threshold against the greenback this year, while the Bank of Ko...

Korean food Korean food firms chase sizzling K-food demand with expansion

South Korean food companies are scrambling to ramp up factory output at home and abroad to meet the insatiable appetite for Korean flavors and aroma...

Korean food S.Korea's monthly ramen export surpasses $100 mn

The monthly export value of South Korea's ramen exceeded $100 million for the first time. According to the Korea Customs Service's trade statistics...

Korean stock market Samyang tops Korean ramen makers by market cap, beating Nongshim

South Korean food maker Samyang Foods Co., globally renowned for its Hot Chicken Flavor Ramen, saw its stock hit a record high on Friday after it de...

Korean startups Startups bet on affluent Gen X in Korea’s senior living market

Elder-care startups are rushing to build high-end senior homes in South Korea targeting affluent Generation Xers set to retire in five years on expe...

Korean stock market Korea’s 'Seven Tigers,' next hot stocks: Hyundai Motor Securities

Japan may have its Seven Samurai and the US its Magnificent Seven, but South Korea has "Seven Tiger" stocks thanks to the artificial intelligence ch...

Private equity Carlyle’s Rubenstein sees commercial real estate undervalued

The US commercial real estate market is undervalued relative to other sectors amid elevated interest rates, while Big Tech stocks could take a breat...

Asset management India equity funds top overseas stock funds in S.Korea

India equity funds registered in South Korea have doubled their investors' wealth over the past five years, luring high-net-worth individuals lookin...

Earnings Samyang’s power: Hot Chicken Flavor Ramen by daughter-in-law

Samyang Foods Co., a South Korean instant noodle maker, enjoyed record earnings last year thanks to increasing overseas sales of its global-hit Hot ...

Shipping & Shipbuilding Hanwha Ocean secures first order of year for ammonia carriers

South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Monday that it has secured a contract for two very large ammonia...

Korean stock market Korean investors doomed to suffer $171 mn losses from HSCEI ELS

South Korean investors have already suffered about 230 billion won ($171 million) losses from their investments in equity-linked securities (ELS) ti...

Food & Beverage Daesang launches kimchi paste, spread for US, Europe

South Korea's Daesang Corp. announced on Wednesday that it has launched two new global products, "Do-it-yourself Kimchi Paste" and "Kimchi Spread."T...

Mergers & Acquisitions Ocean carrier HMM's share price gains put KDB in hot seat

On Nov. 20, HMM Co., South Korea’s No. 1 ocean carrier, issued new 200 million shares after its two largest shareholders -- Korea Development ...

Food & Beverage Paris Baguette opens 7 new stores in SE Asia in one month

Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Tuesday that it opened seven stores in Southeast Asia in on...

Korean SMEs Kyung Dong Navien enters into US boiler market

South Korea's heating systems manufacturer Kyung Dong Navien Co. announced on Thursday it shipped its first "Condensing Hydro Furnace" to the US mar...

Foreign exchange Won strengthens past 1,300 mark vs dollar on short-sale ban

The South Korean won continued its bull run on Monday, strengthening past the psychologically important barrier of 1,300 level against the dollar fo...