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Foreign exchangeYen hits 15-year low vs Korean won on less hawkish BOJ
The yen on Friday plunged to the weakest level in more than 15 years against the South Korean won as the Japanese central bank&r...
Nov 03, 2023 (Gmt+09:00)
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Bio & PharmaDong-A ST, UMass to jointly research for gene therapy
South Korea's Dong-A ST announced on Friday it has signed a joint research agreement with the University of Massachusetts (UMass...
Nov 03, 2023 (Gmt+09:00)
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Artificial intelligenceSocar launches car-sharing service with Naver's generative AI
South Korea’s mobility platform operator Socar Inc. has introduced a car-sharing service utilizing generative artificial i...
Nov 03, 2023 (Gmt+09:00)
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Tech, Media & TelecomNeowiz, SK Hynix to team up for global marketing
South Korean game developer Neowiz announced on Friday it has signed a memorandum of understanding (MOU) with SK Hynix Inc. for ...
Nov 03, 2023 (Gmt+09:00)
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AirlinesAsiana’s cargo unit sale faces tough hurdles before KAL merger
The proposed merger of Korean Air Lines Co. (KAL) and Asiana Airlines Inc. has moved one step closer to completion with Asiana&r...
Nov 03, 2023 (Gmt+09:00)
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Tech, Media & TelecomLG CNS to join New York digital transformation project
South Korea's information technology service provider LG CNS announced on Friday it has signed a memorandum of understanding (MO...
Nov 03, 2023 (Gmt+09:00)
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Foreign exchangeS.Korea’s forex reserves dwindle to lowest point in more than 3 years
South Korea’s foreign exchange reserves dropped in October for the third straight month to their lowest point since June 2...
Nov 03, 2023 (Gmt+09:00)
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Investment bankingGoldman Sachs promotes YK Yoon in Seoul to MD
The Goldman Sachs Group Inc. named YK Yoon, head of fixed-income, currency and commodities (FICC) of the Seoul office, as a new ...
Nov 03, 2023 (Gmt+09:00)
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Food & BeverageSouth Korea’s Dailybeer to enter into Singaporean market
Dailybeer, South Korean craft beer and fried chicken chain, announced on Friday it signed a contract with Singapore-based Katrin...
Nov 03, 2023 (Gmt+09:00)
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EarningsSK Innovation targets profit from EV battery unit in Q4
SK Innovation Co., South Korea’s top energy company, said its electric vehicle (EV) battery subsidiary aims to turn to the...
Nov 03, 2023 (Gmt+09:00)
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ConstructionDaewoo E&C opens new branch in Turkmenistan
South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) opened a branch in Ashgabat, the capital of Turkmenista...
Nov 03, 2023 (Gmt+09:00)
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EarningsNaver posts record Q3 sales, profit on e-commerce
South Korea’s web portal giant Naver Corp. on Friday posted record sales and operating profit in the third quarter, driven...
Nov 03, 2023 (Gmt+09:00)
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Banking & FinanceWoori Bank opens regional headquarters in Bangladesh
South Korea's Woori Bank announced on Friday it opened its new regional headquarters in Bangladesh. In 1996, the bank launc...
Nov 03, 2023 (Gmt+09:00)
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RetailCoupang opens its second logistics center in Taiwan
Coupang Inc., South Korea’s leading e-commerce platform, has opened its second fulfillment center in Taiwan and plans to o...
Nov 03, 2023 (Gmt+09:00)
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RetailLouis Vuitton to launch fourth pop-up restaurant in Seoul
The French luxury brand Louis Vuitton will open a pop-up restaurant in South Korea. This is the fourth one since May this year.A...
Nov 03, 2023 (Gmt+09:00)