Olive Young to bring K-beauty festival to KCON LA

CJ Olive Young said Thursday it will host its flagship beauty festival overseas in August alongside KCON LA 2026, as it steps up efforts to globalize K-beauty. The three-day event, Olive Young Festa LA 2026, will start Aug. 14 at the Los Angeles Convention Center and feature 55 K-beauty and lifestyle brands. Launched in 2019, the event was Korea's first large-scale beauty festival, featuring brands sold through the retailer's platform and showcasing flagship products. By partnering with KCON LA

2026-07-02 15:17:22:00

KCCI deepens Korea-US ties through USFK job platform

The Korea Chamber of Commerce and Industry held an event Wednesday to expand cooperation for its US Forces Korea job platform, marking the Freedom 250 initiative aimed at celebrating the shared values underpinning the Korea-US alliance. Freedom 250 is a bilateral project commemorating the values of freedom and democracy associated with the 250th anniversary of US independence. The event, held at the KCCI Chamber Lounge in Seoul, was attended by KCCI Chairman Chey Tae-won, Korea-US Alliance Found

2026-07-01 17:27:13:00

Temu, Korean IP agency join forces to combat counterfeits

Chinese e-commerce platform Temu said Wednesday it signed a memorandum of understanding with the Korea Intellectual Property Protection Agency to strengthen intellectual property protection for Korean brands on its marketplace. Under the agreement, Temu and KOIPA will establish a dedicated communication channel to respond more quickly to trademark and intellectual property infringement cases involving Korean products. Temu said it will use its internal detection technologies and specialist revie

2026-07-01 14:17:16:00

HK inno.N earns top ESG rating from Sustinvest

HK inno.N said Wednesday it received the highest ESG rating of AA from Sustinvest for the first half of 2026, ranking first among Korean companies with assets of 2 trillion won ($1.3 billion) or more. HK inno.N topped the Korean rating agency's ESG Best Companies 100 ranking among companies in the 2 trillion won-plus asset category. The latest result marks the fifth time the biopharmaceutical company has received Sustinvest's highest ESG grade since the first half of 2024 and the first since joi

2026-07-01 14:17:11:00

Genewel showcases Welpass to Indonesian partner Pyridam Farma

Genewel, the life sciences arm of Dongsung Chemical, said Tuesday it hosted a product presentation and surgery observation session for Indonesian pharmaceutical company Pyridam Farma to showcase its postoperative pain management device, Welpass. The event featured a product presentation by Cho Jong-ho, professor of thoracic surgery at Samsung Medical Center, and a live surgery observation session led by Seong Yong-won, professor of thoracic and cardiovascular surgery at SMG-SNU Boramae Medical C

2026-06-30 13:20:29:00

LG Chem secures FDA clearance for TP53-targeting cancer candidate

LG Chem said Tuesday it has received US Food and Drug Administration clearance for its investigational new drug application to begin a phase 1/2 clinical trial of LG00313112, an anticancer drug candidate. LG00313112, licensed from Frontier Medicines in April last year, targets TP53 Y220C, a mutation found in 1 to 3 percent of cancer patients. The drug is designed to stabilize the structurally unstable p53 protein caused by the mutation and restore its tumor-suppressing function. LG Chem said the

2026-06-30 11:07:58:00

LG AI Research secures ISO 27001 certification

LG AI Research recently obtained ISO 27001 certification, demonstrating compliance with international information security standards across the entire AI lifecycle, from data training and model development to deployment and service delivery. Issued by the International Organization for Standardization, ISO 27001 is one of the world's leading information security certifications, verifying an organization's ability to protect and manage information assets against a wide range of security threats.

2026-06-29 13:08:12:00

S-Oil looks beyond refining as it turns 50

S-Oil is accelerating its next phase of growth as it marks its 50th anniversary this year, the company said Monday. "2026 marks both our 50th anniversary and the completion of the Shaheen project," said CEO Anwar Al-Hejazi. "Building on the competitiveness and innovative DNA we have cultivated over the past 50 years, we aim to grow into a trusted energy and chemicals company for the next 50 years as well." Founded on June 28, 1976, the company has grown into one of Korea's leading refiners while

2026-06-29 10:52:18:00

Hana Financial backs urban logistics hub project in Seoul

Hana Financial Group said Sunday it signed a business agreement with Seobu T&D to cooperate on the development of an urban advanced logistics hub in western Seoul. The agreement was signed Friday at Centerfield in Seoul's Gangnam district, attended by Hana Financial Group Chairman Ham Young-joo nd Seobu T&D CEO Seung Man-ho. The project will create a smart logistics hub and commercial complex in Singjeong-dong, Yangcheon-gu, Seoul. Under the agreement, the two companies will collaborate on fundr

2026-06-28 11:08:03:00

LG CNS launches agentic AI ERP testing solution

LG CNS said Thursday it has launched an agentic AI-powered enterprise resource planning, or ERP, testing solution, as it steps up its push into the global SAP market. Called PerfecTwin ERP Edition, the solution automates ERP testing using real transaction data, helping companies detect defects before migrating to SAP's latest ERP platform, S/4HANA, or launching new ERP systems. ERP systems manage core business functions including finance, manufacturing, procurement, logistics and human resources

2026-06-25 15:45:59:00