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MarketsKorean bond market squeezed by maturing debt, new issues
South Korea’s corporate bond market is saddled with a massive amount of debt due later this year and a surge in banks' new...
Oct 05, 2023 (Gmt+09:00)
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AutomobilesBMW premieres new 5 Series in Korea, the model’s top market
German carmaker BMW Group on Thursday premiered its latest 5 Series premium sedan in South Korea, an indication of the growing i...
Oct 05, 2023 (Gmt+09:00)
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Research & DevelopmentS.Korea’s corporate R&D spending lags global rivals
Major South Korean companies’ spending on research and development lags investments made by their global competitors due t...
Oct 05, 2023 (Gmt+09:00)
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Korean startupsS.Korea to spur startup investments with eased rules
South Korea will deploy at least 10% of a state-backed fund of funds (FoF) to venture capital investment dedicated to small star...
Oct 05, 2023 (Gmt+09:00)
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Aerospace & DefenseLIG Nex1 signs agreement with Megazone Cloud, AWS
South Korea's LIG Nex1 Co. announced on Thursday that it has signed a memorandum of understanding for the future space, defense ...
Oct 05, 2023 (Gmt+09:00)
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Travel & LeisureForeign tourists can use Kakao Taxi in S.Korea
South Korea’s Kakao Mobility announced on Thursday that it has started integrating its taxi service app Kakao T with overs...
Oct 05, 2023 (Gmt+09:00)
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Banking & FinanceKorean banks go digital in Southeast Asia for non-interest gains
South Korea’s top four banks are strengthening their overseas operations, particularly in the digital banking business, to...
Oct 05, 2023 (Gmt+09:00)
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SteelHyundai Steel aims to reduce reliance on Hyundai, Kia
South Korea's Hyundai Steel Co. is aiming to reduce its dependence on its affiliates Hyundai Motor Co. and Kia Corp. to become o...
Oct 05, 2023 (Gmt+09:00)
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Food & BeverageCanada's Tim Hortons to open 2nd store in Gangnam
Canada's No. 1 coffee chain Tim Hortons announced on Thursday that it plans to establish its second South Korean flagship stor...
Oct 05, 2023 (Gmt+09:00)
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MachineryDaedong wins $52 mn engine order from Doosan Bobcat
South Korea’s No. 1 agricultural machinery maker Daedong Corp. will supply multicylinder diesel engines to Doosan Bobcat I...
Oct 05, 2023 (Gmt+09:00)
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Bio & PharmaLotte Biologics to break ground on 1st local CDMO plant in 2024
South Korea’s Lotte Biologics Co. is set to start building its first local facility for drug manufacturing next year, aimi...
Oct 05, 2023 (Gmt+09:00)
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ElectronicsSamsung Electronics to soon unveil Galaxy SmartTag2
Samsung Electronics Co. on Thursday announced its planned global release on Wednesday of Galaxy SmartTag2, the improved version ...
Oct 05, 2023 (Gmt+09:00)
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Carbon neutralitySK C&C invests in US startup Glassdome
South Korea's SK C&C announced on Thursday that it has made a new investment in Glassdome, a US carbon emission management s...
Oct 05, 2023 (Gmt+09:00)
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EconomyKorea expects inflation to ease from Oct after 5-month high
South Korea predicted headline inflation to ease from October after hitting a five-month high last month, adding to expectations...
Oct 05, 2023 (Gmt+09:00)
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EntertainmentCreator of Baby Shark, Pinkfong to launch music variety show
The lovable children’s characters Pinkfong and Baby Shark will soon star in a music variety show for their legions of glob...
Oct 05, 2023 (Gmt+09:00)
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Carbon neutralitySamsung Engineering partners with global firms for CCUS
South Korea's Samsung Engineering is ramping up its strategies in the carbon capture, utilization, and storage (CCUS) arena by s...
Oct 05, 2023 (Gmt+09:00)
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BatteriesLG Energy Solution to supply EV batteries to Toyota for 10 years
LG Energy Solution Ltd. will supply 20 gigawatt hours (GWh) worth of batteries for electric vehicles of the world’s No. 1 ...
Oct 05, 2023 (Gmt+09:00)
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Bio & PharmaNKMax's US subsidiary listed on Nasdaq
South Korean natural killer (NK) cell drugmaker NKMax Co. on Wednesday said its US subsidiary NKGen Biotech on Monday was listed...
Oct 05, 2023 (Gmt+09:00)
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Cloud computingSK Telecom launches ICT infrastructure device
SK Telecom Co. on Wednesday said it launched Cloud Appliance, a cloud infrastructure device based on an ARM chipset.The company ...
Oct 05, 2023 (Gmt+09:00)
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Food & BeveragePulmuone, BlueNalu team up for cell-cultured seafood
South Korean food company Pulmuone revealed plans on Thursday to boost its strategic partnership with US-based seafood startup B...
Oct 05, 2023 (Gmt+09:00)