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AirlinesJeju Air seeks M&A, igniting race for top place in Korea's LCC market
Jeju Air Co., a leading South Korean low-cost carrier (LCC), will likely seek the acquisition and merger of a rival small airlin...
Aug 02, 2024 (Gmt+09:00)
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Korean stock marketS.Korean stocks log largest daily loss since pandemic
The South Korean stock market dropped more than 3% on Friday to breach the psychologically important barrier of 2,700 in almost ...
Aug 02, 2024 (Gmt+09:00)
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Real estateKorea's warehouses suffer oversupply, rising vacancies
Logistics centers in Seoul suburbs are suffering oversupply and rising vacancy rates, according to a report from South Korean co...
Aug 02, 2024 (Gmt+09:00)
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Beauty & CosmeticsKorean cosmetics, Amazon Prime Day’s top beauty products
South Korean cosmetics were top picks among beauty products of Amazon Prime members during the global leading e-commerce platfor...
Aug 02, 2024 (Gmt+09:00)
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ConstructionHyundai E&C unveils new Hillstate brand video
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) announced on Friday the release of a new Hillstate br...
Aug 02, 2024 (Gmt+09:00)
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AutomobilesHyundai Tucson HEV posts record US sales as hybrids catch on
South Korea’s Hyundai Motor Co. saw sales of the hybrid version of its flagship Tucson SUV hit an all-time monthly high in...
Aug 02, 2024 (Gmt+09:00)
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Aerospace & DefenseKAI to supply firefighting helicopter to Gangwon Province
Korea Aerospace Industries Ltd. (KAI) announced on Friday that it signed a 33 billion won ($24 million) contract with Gangwon Sp...
Aug 02, 2024 (Gmt+09:00)
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Banking & FinanceHana Card, Toss Bank jointly launch PLCC card
South Korea's Hana Card announced on Friday that it partnered with Toss Bank to launch its first private label credit card (PLCC...
Aug 02, 2024 (Gmt+09:00)
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Corporate investmentSamsung invests in US AI security startup Protect AI
Samsung Venture Investment Corp., Samsung Electronics Co.'s venture capital firm, has invested in Protect AI Inc., a US startup ...
Aug 02, 2024 (Gmt+09:00)
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E-commerceQxpress investors to take over Qoo10 founder's control
Financial investors of Qxpress Pte. are set to take over Singapore-based Qoo10 Pte. and its founder Ku Young Bae’s control...
Aug 02, 2024 (Gmt+09:00)
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RegulationsS.Korea, China's technology leak, anti-dumping disputes surge
South Korean companies are getting tough on anti-dumping and patent infringement cases as they feel threatened by the intensifyi...
Aug 02, 2024 (Gmt+09:00)
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ElectronicsLG Display to sell its last LCD plant to CSOT for $1.5 bn
South Korea’s LG Display Co. plans to sell its liquid crystal display (LCD) panel plant in Guangzhou, China, to TCL China ...
Aug 02, 2024 (Gmt+09:00)
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AutomobilesIONIQ 5 N selected as official car of Fuji Speedway Circuit
Hyundai Motor Co. announced that its high-performance electric vehicle (EV) the IONIQ 5 N was selected as the official car of ...
Aug 02, 2024 (Gmt+09:00)
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CompaniesSamsung, Ottogi unveil exclusive lifestyle TV goods
Samsung Electronics Co. announced on Friday that it collaborated with the domestic food company Ottogi to release limited editio...
Aug 02, 2024 (Gmt+09:00)
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FintechBalanceHero sees record high H1 sales in India
BalanceHero, a South Korean fintech startup that entered the Indian market, announced on Friday that its sales and loan executio...
Aug 02, 2024 (Gmt+09:00)
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EconomyBOK in limbo on rate decison with July inflation below 3%
South Korea’s headline inflation remained in the 2% range for the fourth straight month in July despite a reacceleration, ...
Aug 02, 2024 (Gmt+09:00)
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EconomySouth Korea’s Inflation reaccelerates in July
South Korea’s headline inflation picked up at a stronger-than-expected pace in July, reaccelerating due to higher prices f...
Aug 02, 2024 (Gmt+09:00)