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BatteriesUltium Cells Spring Hill: LG, GM’s EV battery bastion in North America
NASHVILLE – Some 60 km south of Nashville, the capital of Tennessee, lies a huge plant churning out battery cells that wil...
Jun 04, 2024 (Gmt+09:00)
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Real estateIGIS fund defaults on loan linked to German office
A 370-billion-won ($270 million) real estate fund managed by IGIS Asset Management Co. faces a heavy loss from its investment in...
Jun 04, 2024 (Gmt+09:00)
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EnergyPOSCO, Hancock to invest $432 mn in Senex's LNG production
POSCO International Corp., the general trading and resources exploration unit of South Korean steel giant POSCO Holdings Inc., s...
Jun 04, 2024 (Gmt+09:00)
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ConstructionDongbu Corp exceeds $730 bn in new orders
South Korea's Dongbu Corporation surpassed 1 trillion won ($727 million) in new orders this year by securing a 200 billion won (...
Jun 04, 2024 (Gmt+09:00)
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AirlinesJeju Air, Lion Air codeshare Incheon-Bali route
South Korea’s budget carrier Jeju Air Co. announced on Tuesday that it signed a codeshare agreement with Indonesia's large...
Jun 04, 2024 (Gmt+09:00)
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RetailShinsegae guarantees PE firms’ SSG.COM exit amid delayed IPO
Shinsegae Inc. and its supermarket chain operator E-Mart Inc. will bring in at least one investor by the end of this year to buy...
Jun 04, 2024 (Gmt+09:00)
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AutomobilesEco-friendly cars reboot Hyundai, Kia’s US sales in May
Hyundai Motor Co. and Kia Corp., car manufacturers of the global No. 3 automaker Hyundai Motor Group, reported a rebound last mo...
Jun 04, 2024 (Gmt+09:00)
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AutomobilesTata Daewoo wins order for 130 Maxen trucks in Colombia
South Korea's Tata Daewoo Commercial Vehicle Company announced on Tuesday that signed a contract to sell 130 units of its large ...
Jun 04, 2024 (Gmt+09:00)
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Artificial intelligenceKorea’s KT, Microsoft form strategic alliance on AI, cloud sectors
South Korea’s leading telecommunications service provider KT Corp. has formed a strategic alliance with US tech giant Micr...
Jun 04, 2024 (Gmt+09:00)
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Real estateWeWork closes major office in Seoul for restructuring
Coworking space operator WeWork Inc. is slated to shut down a major office in Seoul, once one of the largest WeWork offices in...
Jun 04, 2024 (Gmt+09:00)
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RoboticsSampyo Group enters automated robotic parking business
South Korea's SP&Mobility, a robotics unit of Sampyo Group, unveiled its MPSystem on Monday, an automated robotic parking sy...
Jun 04, 2024 (Gmt+09:00)
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Hydrogen economyHD Hyundai supplies large hydrogen forklifts to Korea Zink
South Korea's HD Hyundai XiteSolution announced on Monday that it deployed its four 5-ton hydrogen forklifts in Korea Zinc Inc.'...
Jun 04, 2024 (Gmt+09:00)
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EconomyS.Korea’s inflation slows to 10-month low amid tight policy
South Korea’s headline inflation slowed to a 10-month low in May as the Bank of Korea kept its interest rate policy tight,...
Jun 04, 2024 (Gmt+09:00)
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EnergySK Gas eyes commercial operations of LNG power plant in 2nd half
SK Gas Ltd., South Korea’s leading liquefied petroleum gas (LPG) supplier seeking to transform into a clean energy company...
Jun 04, 2024 (Gmt+09:00)
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ElectronicsSamsung releases 2024 lineup of gaming monitors
Samsung Electronics Co. announced on Tuesday that it launched its new 2024 lineup of gaming monitors, Odyssey OLED, and high-res...
Jun 04, 2024 (Gmt+09:00)