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Mergers & AcquisitionsHYBE barely ups SM stake in tender offer amid tensions with Kakao
HYBE Co. has raised its stake in the K-pop pioneer SM Entertainment Co. by merely 0.98% in a tender offer, after just one instit...
Mar 06, 2023 (Gmt+09:00)
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Business & PoliticsConcerned about CHIPS Act, Korea says US investment less attractive
South Korea on Monday expressed concerns about the guidelines of the US Chips and Science Act, saying that some of the condition...
Mar 06, 2023 (Gmt+09:00)
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FintechApple Pay's S.Korea debut as early as third week in March
Apple Pay, the mobile payment service by iPhone maker, is set to launch in as early as two weeks in South Korea, home to the wor...
Mar 06, 2023 (Gmt+09:00)
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Tech, Media & TelecomGlobal smartphone shipments to edge lower in 2023: IDC
Global smartphone shipments will decline 1.1% this year to 1.2 billion units, down from the previous 2.8% growth forecast due ...
Mar 06, 2023 (Gmt+09:00)
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AirlinesJeju Air teams up with startup Plana to explore urban air mobility
Jeju Air Co., South Korea’s largest budget airline, said on Monday that it signed a memorandum of understanding with Plana...
Mar 06, 2023 (Gmt+09:00)
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EconomyS.Korean inflation rises at slowest rate in 10 months in February
South Korea’s headline inflation gain eased in February, rising at the slowest pace in 10 months on a drop in oil product ...
Mar 06, 2023 (Gmt+09:00)
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AirlinesS.Korea's Fly Gangwon kicks off international air cargo service
Fly Gangwon, a South Korean low-cost carrier, announced on Monday the launch of its international air cargo transportation servi...
Mar 06, 2023 (Gmt+09:00)
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Food & BeverageKorea’s SPC Samlip, Siam Makro to tie up for Thai bakery business
SPC Samlip Corp., a unit of South Korea’s food and bakery giant SPC Group, said on Monday it has forged a business partner...
Mar 06, 2023 (Gmt+09:00)
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Alternative investmentsMirae Asset, music profit-sharing startup take on security token offerings
South Korea's Fingo Company, which runs the music revenue sharing platform Fingo, on Friday said it signed a memorandum of under...
Mar 06, 2023 (Gmt+09:00)
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ElectronicsLG Electronics wins US air conditioning award for 7th year
LG Electronics Inc. said on Monday that it has won a performance award from the Air-Conditioning, Heating & Refrigeration In...
Mar 06, 2023 (Gmt+09:00)
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Food & BeverageDongsuh Foods applies green certification package to products
South Korea's food processing company Dongsuh Foods Corporation announced on Monday the launch of new green technology-certified...
Mar 06, 2023 (Gmt+09:00)
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Foreign exchangeS.Korea-Indonesia central banks renew currency swap agreement
Central banks of South Korea and Indonesia renewed a bilateral local currency swap arrangement to keep supporting trade and fina...
Mar 06, 2023 (Gmt+09:00)
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ElectronicsSamsung launches new TV ad campaign in London ahead of global release
Samsung Electronics Co. is ramping up its marketing efforts for its latest line of high-end TVs, including the 2023 Neo QLED 8K ...
Mar 06, 2023 (Gmt+09:00)
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Waste managementSK Incheon Petrochemical invests in domestic recycling waste tire startup
SK Incheon Petrochemical, a subsidiary of South Korea’s SK Innovation Co., on Sunday said it made an equity investment in ...
Mar 06, 2023 (Gmt+09:00)
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RetailShilla Duty Free Shop selected as excellent partner by Changi Airport
The Shilla Duty Free Shop announced on Monday that it had received the Gold Award at the 2022 OneChangi App Awards held by Singa...
Mar 06, 2023 (Gmt+09:00)
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ElectronicsLG Electronics makes 100 millionth unit of core motor for washing machines
LG Electronics Inc. on Sunday said it produced late last month its 112 millionth unit of the inverter direct drive (DD) motor fo...
Mar 06, 2023 (Gmt+09:00)
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CompaniesCJ CheilJedang opens internal venture development space Inno Play
South Korea's food and bio giant CJ CheilJedang Corp. on Sunday said it opened Inno Play, an office space for commercializing in...
Mar 06, 2023 (Gmt+09:00)
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AutomobilesHyundai Mobis, Hyundai Motor develop vehicle height adjustment system
Hyundai Mobis, a global auto parts vendor and affiliate of Hyundai Motor Group, said on Monday that it has co-developed an elect...
Mar 06, 2023 (Gmt+09:00)
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Aerospace & DefenseHanwha Systems tests AESA radar system for Korean fighter jet
Hanwha Systems Co., a South Korean defense and IT service company, said on Sunday that it had installed and tested its own radar...
Mar 06, 2023 (Gmt+09:00)
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Sovereign wealth fundsS.Korea's KIC to strengthen responsible investments
Korea Investment Corporation (KIC) plans to actively voice its opinions on portfolio companies' management over the next two yea...
Mar 06, 2023 (Gmt+09:00)
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Korean chipmakersS.Korea needs bold investment to keep K-chip supremacy: SNU scholar
The South Korean government and the private sector must commit to more generous and comprehensive support for the country's memo...
Mar 06, 2023 (Gmt+09:00)
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Shareholder activismKT&G’s hidden saviors in activist fight: In-house funds
KT&G Corp., the world’s fifth-largest tobacco maker, will likely get support from in-house shareholders in a battle ag...
Mar 06, 2023 (Gmt+09:00)
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PetrochemicalsS.Korea's Taekwang Industrial acquires ISO 45001 certification
Taekwang Industrial Co., a textile and petrochemical subsidiary of Taekwang Group, announced on Sunday that it has achieved ISO ...
Mar 06, 2023 (Gmt+09:00)
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Bio & PharmaSamsung Bioepis launches ARMD biosimilar drug in Germany, Canada
Samsung Bioepis Co., a South Korean biosimilar firm, announced on Sunday that it has recently launched a new biosimilar drug cal...
Mar 06, 2023 (Gmt+09:00)