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Business & PoliticsS.Korea ranks as 6th most powerful country, beating Japan
TOKYO - South Korea ranked the world’s sixth most powerful country, beating Japan, while the peninsular nation was far beh...
Jan 02, 2023 (Gmt+09:00)
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EnergyPOSCO Int’l completes merger with energy affiliate
South Korea’s POSCO International Co. completed a merger with its affiliate POSCO Energy Co. on Jan. 1, which the trading ...
Jan 02, 2023 (Gmt+09:00)
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Private equityKorean banks must increase total shareholder returns: Align Partners
South Korean private equity firm Align Partners Capital Management Inc. is set to lead shareholder activism against the country&...
Jan 02, 2023 (Gmt+09:00)
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Bio & PharmaSK Chemicals introduces Tiglutik, treatment for Lou Gehrig's disease
SK Chemicals said on Monday that it is strengthening its portfolio of neurological diseases by introducing Tiglutik (riluzole), ...
Jan 02, 2023 (Gmt+09:00)
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Korean startupsSilvia Health attracts investment through pre-Series A funding
Silvia Health Inc., an age-tech startup based in Seoul, South Korea said on Monday that it has completed a pre-Series A investme...
Jan 02, 2023 (Gmt+09:00)
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ElectronicsKorean firms head to CES 2023 to showcase innovative technologies
LAS VEGAS, NV – A growing number of South Korea’s leading companies and startups are heading to CES 2023, the world&...
Jan 02, 2023 (Gmt+09:00)
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Carbon neutralitySK Earthon teams up with British company Azuli in CO2 capture
SK Earthon has joined hands with Azuli, a British company that specializes in carbon capture and storage (CCS), to search for bu...
Jan 02, 2023 (Gmt+09:00)
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RetailGS Retail to introduce forex kiosks in convenience stores
South Korea's convenience store franchiser GS Retail said on Monday that it would introduce foreign currency exchange kiosks a...
Jan 02, 2023 (Gmt+09:00)
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BlockchainDigital wallet Klip sees its subscriber number surpass 2 million
Ground X, Kakao Corp.'s blockchain technology subsidiary, said on Monday that the number of cumulative subscribers to its digita...
Jan 02, 2023 (Gmt+09:00)
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Foreign exchangeKorean won to stay weaker than profitable levels – poll
The South Korean won was expected to stay weaker than levels for corporate profits this year as the local currency was likely to...
Jan 02, 2023 (Gmt+09:00)
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EnergyS.Korea's top 2 LPG importers E1 and SK Gas cut supply price
South Korea's two major importers of liquefied petroleum gas (LPG), E1 Corp. and SK Gas Corp., have both cut their supply price ...
Jan 02, 2023 (Gmt+09:00)
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Venture capitalDocument tool company Business Canvas secures Series A2 round
Business Canvas, a South Korean SaaS (software as a service) startup that services the global document tool "Typed," announced o...
Jan 02, 2023 (Gmt+09:00)
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Tech, Media & TelecomLG to unveil sleep care solution Breeze at CES 2023
LG Electronics Inc. said on Monday that it will unveil a smart sleep care solution “Breeze” at CES 2023 on Jan. 5.Br...
Jan 02, 2023 (Gmt+09:00)
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Bio & PharmaMedicox, Oramed sign MOU to enlist more institutional investors
South Korea's biomedicine firm Medicox Co. said on Monday that it had signed a strategic memorandum of understanding (MOU) with ...
Jan 02, 2023 (Gmt+09:00)
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Korean stock marketSamsung Elec seen as 2023 top outperformer in Korea
Samsung Electronics Co. topped the list of stocks expected to outperform the South Korean stock market in 2023 on the prospect o...
Jan 02, 2023 (Gmt+09:00)
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LogisticsKorea's Traders Wholesale Club launches paid membership program
S.Korea's big-box store Traders Wholesale Club officially launched its paid membership program called Traders Club on Sunday.T...
Jan 02, 2023 (Gmt+09:00)
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Venture capitalDisclosure obligations of venture capital accelerators to be strengthened
The Ministry of SMEs and Startups said on Monday that an amendment to the Venture Capital Investment Promotion Act, which will s...
Jan 02, 2023 (Gmt+09:00)
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Korean gamesQatar, UAE spend most on Korean games, pushing back China, US
Middle Eastern countries have emerged as a blue ocean for the South Korean game industry, ranking first in both per-capita usage...
Jan 02, 2023 (Gmt+09:00)
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Corporate strategyKorean business chiefs’ Year of the Rabbit messages: Keep investing
South Korea’s top business leaders on the first business day of the year stressed the importance of active investment an...
Jan 02, 2023 (Gmt+09:00)
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Artificial intelligenceLG Electronics speeds up development of intelligent AI solutions
LG Electronics Inc. on Sunday said it will build an ambient computing platform as selected by LG AI Research, a company think ta...
Jan 02, 2023 (Gmt+09:00)
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Banking & FinanceShinhan Bank to completely scrap mobile, online balance transfer fees
Beginning on New Year's day, Shinhan Bank started waiving all balance transfer fees to other bank accounts and automated transfe...
Jan 02, 2023 (Gmt+09:00)
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COVID-19S.Korea begins PCR testing of all passengers coming from China
South Korea on Monday implemented tougher quarantine measures on arrivals from China like a PCR test for COVID-19.Thus quarantin...
Jan 02, 2023 (Gmt+09:00)