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Business & PoliticsJapan’s request for Naver to shed Line control ‘unprecedented': CEO
TOKYO – South Korea’s tech giant Naver Corp. said on Friday that Japan’s administrative guidance for Naver to ...
May 03, 2024 (Gmt+09:00)
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Mergers & AcquisitionsHankook Tire buys $1 bn Hanon Systems stake from Hahn & Co.
Hankook Tire and Technology Co. on Friday reached a preliminary agreement to buy 1.37 trillion won ($1 billion) worth of shares ...
May 03, 2024 (Gmt+09:00)
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Korean stock marketKospi 200 firms' values sharply below MSCI developed market rivals
South Korea’s listed firms are undervalued compared with companies in public markets of developed and emerging countries, ...
May 03, 2024 (Gmt+09:00)
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Shipping & ShipbuildingHD Hyundai, ABS to set standards for e-propulsion ships
South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) and HD Hyundai Heavy Industries Co., partnered with...
May 03, 2024 (Gmt+09:00)
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Hydrogen economyHyundai to expand US hydrogen truck business with California nonprofit
Hyundai Motor Co., South Korea’s top automaker, is gearing up its hydrogen truck business in the US by teaming up with a C...
May 03, 2024 (Gmt+09:00)
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Central bankBOK's rate policy back to square one after GDP, Fed comments
TBILISI, Georgia – The Bank of Korea (BOK) will go back to square one on monetary policy as stronger-than-expected ec...
May 03, 2024 (Gmt+09:00)
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AutomobilesHyundai Motor Group has most IIHS ROP top safety pick cars
Hyundai Motor Group announced on Friday that the Hyundai Motor Co.'s IONIQ 5 achieved the highest rating of "Top Safety Pick Plu...
May 03, 2024 (Gmt+09:00)
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Bio & PharmaSamsung Life Science invests in US biotech firm Latus Bio
Samsung Life Science Fund, managed by Samsung Group’s venture investment arm, has invested in US biotechnology firm Latus ...
May 03, 2024 (Gmt+09:00)
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Mergers & AcquisitionsWoori Financial acquires Korea Foss Securities to offer brokerage services
Woori Financial Group Inc., South Korea’s fourth-largest financial services group, has acquired Korea Foss Securities Co.,...
May 03, 2024 (Gmt+09:00)
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Korean chipmakersSapeon to supply NPU IP to Telechips
Sapeon Inc., the artificial intelligence (AI) chip subsidiary of South Korea's SK Telecom Co., announced on Friday that it will ...
May 03, 2024 (Gmt+09:00)
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Mergers & AcquisitionsOsstem to buy Brazil’s No. 3 dental implant maker Implacil
South Korea’s Osstem Implant Co., the world’s fourth-largest dental implant maker, is slated to acquire Brazilian pe...
May 03, 2024 (Gmt+09:00)
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Upcoming IPOsOverhang concerns loom over HD Hyundai Marine IPO shares
Concerns are growing that South Korea’s main stock bourse could be inundated with a huge number of HD Hyundai Marine Solut...
May 03, 2024 (Gmt+09:00)
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Future mobilityHyundai to invest $923 million on self-driving JV Motional
Hyundai Motor Group, the world’s third-largest automaker, is set to spend nearly $1 billion on Motional, its loss-making s...
May 03, 2024 (Gmt+09:00)
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Shipping & ShipbuildingHD KSOE wins $286mn order for four MGCs
South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) announced on Thursday that it...
May 03, 2024 (Gmt+09:00)
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Korean chipmakersJusung Engineering to spin off major units
South Korea's Jusung Engineering Co. plans to spin off its semiconductor, solar, and display equipment businesses and transfor...
May 03, 2024 (Gmt+09:00)
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Travel & LeisureLotte Tour's Jeju Island casino triples revenue
Jeju Dream Tower Casino, located on South Korea's top tourist island of Jeju and run by Lotte Tour Development Co., surpassed ...
May 03, 2024 (Gmt+09:00)