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RetailQuick delivery war deepens Korean big-box retailer-Baemin ties
As competition for same-day delivery heats up in South Korea, traditional big-box retailers are rushing to join hands with the c...
Dec 03, 2024 (Gmt+09:00)
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EconomyS.Korea’s inflation stays at 1% level for 3rd straight month
South Korea’s consumer prices remained steady at the 1% level for the third straight month in November thanks to a drop in...
Dec 03, 2024 (Gmt+09:00)
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Korean chipmakersSK Hynix to produce HBM4 on 3 nm foundry process in 2025
SK Hynix Inc. will adopt the 3-nanometer process, the most advanced foundry technology available, to produce customized HBM4 chi...
Dec 03, 2024 (Gmt+09:00)
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Business & PoliticsS.Korea to ease rules for employment permit system
The South Korean government plans to revamp its employment authorization system to allow foreign workers to stay in the country ...
Dec 03, 2024 (Gmt+09:00)
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Foreign exchangeNPS incurs $500 million in missed gains due to improper forex hedging
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional inv...
Dec 03, 2024 (Gmt+09:00)
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AutomobilesHyundai, Kia to build Hyundai Center of Excellence in India
Hyundai Motor Co. and Kia Corp. signed a memorandum of understanding (MOU) with the Indian Institutes of Technology (IIT) to bui...
Dec 03, 2024 (Gmt+09:00)
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Artificial intelligenceLG CNS to enter US smart building biz
South Korea's LG CNS said on Tuesday it signed a memorandum of understanding (MOU) with the US-based real estate management Some...
Dec 03, 2024 (Gmt+09:00)
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Food & BeverageNongshim captures young consumers in Indonesia
South Korea's instant noodle giant Nongshim Co. said on Tuesday it held Shinsational Day event in Jakarta, Indonesia. On No...
Dec 03, 2024 (Gmt+09:00)
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Real estateGIC to pick preferred bidder in $1.1 bn Seoul landmark building sale
Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund, is set to select a preferred bidder f...
Dec 03, 2024 (Gmt+09:00)
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BatteriesLG Energy set to acquire GM’s $1 bn stake in Ultium JV plant in Michigan
South Korea’s LG Energy Solution Ltd. plans to acquire General Motors Co.’s stake in their battery joint venture pla...
Dec 03, 2024 (Gmt+09:00)