Recent Articles

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  Global Business

  Lotte Department Store Offers One-Stop K-Fashion Exports

  K-streetwear brand “Musent,” participating as the first popup brand of “Lotte Department Store Next Lab.” Provided by Lotte Department Store Lotte Department Store is launching “Lotte Department Store Next Lab,” a platform that supports overseas popup store (temporary store) operations and permanent

  2026.07.22
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  Global Business

  Lotte Innovate Breaks Ground on Indonesian EV Network

  Lotte Innovate EVSIS announces infrastructure development in Indonesia. Provided by Lotte Innovate EVSIS, an electric vehicle charger manufacturer under Lotte Innovate, has embarked in earnest on establishing eco-friendly bus charging facilities in Indonesia, moving to penetrate the Southeast Asian

  2026.07.21
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  Global Business

  Samsung Electronics Launches US Credit Card to Rival Apple Pay

  Newsis Samsung Electronics has launched its first co-branded credit card in the United States, the ‘Samsung Galaxy Card’, in partnership with Barclays. Samsung Electronics announced on the 21st via its global newsroom that it is officially launching the Samsung Galaxy Card for U.S. consumers. The ca

  2026.07.21
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  AI Company

  Nexus AI Labs Leverages Toss Success for Global Push

  Nexus AI Labs is seeking to expand into overseas platforms based on its experience operating an AI mini app within the Toss app. The company intends to apply to global markets a model that enhances user accessibility by reducing the need for separate app installations or sign-up procedures. The life

  2026.07.21
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  Battery

  L&F, CIS Chemical to Partner on Battery Recycling

  L&F LFP subsidiary L&F Plus Daegu plant overview. Provided by L&F L&F announced on the 21st that it has signed a strategic investment agreement with CIS Chemical, a company specializing in battery recycling. The move is aimed at expanding its lithium iron phosphate (LFP) and nickel cobalt manganese

  2026.07.21
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  Global Business

  Shinsegae Exports Starfield Know-How in JV With Oko

  Chung Yong-jin, Chairman of Shinsegae Group (left), and Vladislav Doronin, Chairman of OKO Group, hold a joint venture (JV) establishment agreement ceremony between Shinsegae Property and OKO Group at the Josun Palace Hotel in Seoul. The two companies will jointly develop the hospitality business of

  2026.07.21
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  Bioprocessing / CDMO

  Samsung Biologics Targets KRW 281 Trillion Obesity Market

  The world’s largest contract development and manufacturing organization (CDMO) for biopharmaceuticals, Samsung Biologics, is set to acquire Swiss peptide‑specialized CDMO company PolyPeptide Group for approximately KRW 2.7 trillion, the largest merger and acquisition (M&A) deal in the history of the

  2026.07.21
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  Global Business

  Korea Plans K-AI Package Exports via ODA

  The government is pursuing a “Korean-style Artificial Intelligence (K-AI) Package” project, under which it will lend funds to developing countries at low interest rates while bundling and providing Korea’s artificial intelligence (AI) technologies, data centers, and power facilities as an integrated

  2026.07.21
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  Global Investment

  Naver Founder Lee Heads to Canada for AI Plant Talks

  Lee Hae-jin, Naver chair. 2026.06.08 [Seongnam=Newsis] Naver founder and board chair Lee Hae-jin, CEO Choi Soo-yeon, and other members of Naver’s management will visit the Canadian headquarters of global alternative asset manager Brookfield. Analysts say discussions on attracting investments on the

  2026.07.20
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  Global Business

  Hanwha Philippines Yard Wins KRW 3 Trillion US Missile Tracking Ship Deal

  The naming ceremony for the fourth National Security Multi-Mission Vessel (NSMV), the “Lone Star State,” is being held at Hanwha Philly Shipyard. Provided by Hanwha Hanwha will build a Maritime Range Instrumentation Vessel (MRIV) for the U.S. Missile Defense Agency (MDA) at Philly Shipyard in Philad

  2026.07.20