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AirlinesKorean Air to introduce new planes, spend $1.7 bn on safety
Korean Air Lines Co., the country’s flag carrier, plans to bring in new airplanes and spend $1.7 billion on safety measure...
Nov 02, 2022 (Gmt+09:00)
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Corporate strategyMarket Kurly drops Market from platform name to expand business scope
South Korea’s Kurly Inc. has changed the name of its grocery delivery service platform Market Kurly to Kurly as part of it...
Nov 02, 2022 (Gmt+09:00)
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Corporate bondsSmall Korean life insurer further rattles bond market
A South Korean small insurer has made a rare decision not to buy back dollar perpetual bonds, in the first such case for the cou...
Nov 02, 2022 (Gmt+09:00)
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Mergers & AcquisitionsEQT Partners to invest $1.4 bn in Korea's No. 2 physical security firm
Sweden’s EQT Partners AB is set to acquire a 36.87% stake in South Korean security services provider SK Shieldus Co. from ...
Nov 02, 2022 (Gmt+09:00)
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AutomobilesHyundai, Kia post record hybrid vehicle sales in US in October
Hyundai Motor Co. and Kia Corp., which are gradually increasing their presence in the US market, saw their hybrid vehicle sales ...
Nov 02, 2022 (Gmt+09:00)
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Corporate governanceDongwon Industries reborn as holdings company after 53 years
Korea's seafood giant Dongwon Industries on Wednesday said its completed merger with Dongwon Enterprise has given their parent D...
Nov 02, 2022 (Gmt+09:00)
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BatteriesPublic-private battery alliance launched to source critical minerals
The South Korean government, in tandem with the private sector, launched a battery alliance on Tuesday in a bid to support the c...
Nov 02, 2022 (Gmt+09:00)
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Korean foodWant to improve memory? Eat more ginseng
Consumption of ginseng and red ginseng (hongsam) can improve memory capacity and prevent high blood pressure, diabetes and muscl...
Nov 02, 2022 (Gmt+09:00)
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Korean stock marketS.Korea prepares to launch $7.6 bn stock market stabilization fund
South Korea last week completed the process needed to launch a stock market stabilization fund of 10.76 trillion won ($7.6 billi...
Nov 02, 2022 (Gmt+09:00)
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Bio & PharmaSK Biopharmaceuticals to make CES debut in January
SK Biopharmaceuticals will take part in CES 2023, the world's largest trade show for IT and electronics held in Las Vegas, to un...
Nov 02, 2022 (Gmt+09:00)
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Carbon neutralityKorea's POSCO gets greener via integrated CO2-free brand
Korea's POSCO has introduced the integrated brand Greenate to symbolize the commitment of the nation's top steelmaker to achieve...
Nov 02, 2022 (Gmt+09:00)