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Pension fundsNPS fills basket with China reopening, cosmetics shares; tech firms sold
South Korea’s National Pension Service (NPS) sold electronics, information technology and content-related shares in the th...
Oct 06, 2023 (Gmt+09:00)
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Foreign exchangeDollar/won in wildest swing in 13 yrs despite intervention
The South Korean won suffered its wildest fluctuation against the dollar this year since 2010, shrugging off heavy dollar-sellin...
Oct 06, 2023 (Gmt+09:00)
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Bio & PharmaProxy adviser ISS backs drug giant Celltrion's merger plan
South Korean drug giant Celltrion Group has received a positive recommendation from Institutional Shareholder Services (ISS), a ...
Oct 06, 2023 (Gmt+09:00)
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RegulationsApple, Google may face $50.4 mn fine over in-app billing in Korea
Apple Inc. and Alphabet Inc.’s Google may be fined up to 68 billion won ($50.4 million) in South Korea for breaking the co...
Oct 06, 2023 (Gmt+09:00)
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Aerospace & DefenseKAI participates in International Astronautical Congress 2023
Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, participated in the 74th International...
Oct 06, 2023 (Gmt+09:00)
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ElectronicsWith Samsung’s connected gadgets, it’s ‘home, smart home’
SILICON VALLEY – When you come back home after an extended period away from it, you can’t help but express relief an...
Oct 06, 2023 (Gmt+09:00)
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AutomobilesHyundai Kona Hybrid beats Toyota in German test
Hyundai Motor Co. announced on Friday that its crossover SUV, the Kona Hybrid, received higher scores than the Toyota Corolla Cr...
Oct 06, 2023 (Gmt+09:00)
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Artificial intelligenceMicrosoft ties up with Korean startup Wrtn on AI solutions
Microsoft Corp. and a South Korean artificial intelligence portal startup Wrtn Technologies Inc. joined hands for the generative...
Oct 06, 2023 (Gmt+09:00)
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BatteriesKia to form private-public partnership for EV battery recycling
South Korea's Kia Corp. revealed a plan for the first domestic private-public partnership and initiating a pilot project to crea...
Oct 06, 2023 (Gmt+09:00)
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Food & BeverageDaesang holds kimchi pop-up event in Seoul
South Korean food company Daesang Corp. on Friday said it is holding through Oct. 15 the country’s first kimchi pop-up sto...
Oct 06, 2023 (Gmt+09:00)
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AutomobilesTesla Model Y reclaims spot as Koreans' favorite foreign car in September
The Tesla Model Y reclaimed the top spot on the best-selling imported car list in South Korea last month for the first time sinc...
Oct 06, 2023 (Gmt+09:00)
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Mergers & AcquisitionsSK Networks completes acquisition of en-core
South Korean trading firm SK Networks Co. announced on Friday that it has completed the acquisition process of en-core, a leadin...
Oct 06, 2023 (Gmt+09:00)
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ConstructionSamsung C&T to join Indonesia's smart city project
South Korea's Samsung C&T Corp. announced on Friday that it has signed a memorandum of understanding (MOU) with Indonesia's ...
Oct 06, 2023 (Gmt+09:00)
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Bio & PharmaIldong Pharma to spin off R&D subsidiary in Nov
South Korea’s Ildong Pharmaceutical Co. will spin off its research and development (R&D) unit into the subsidiary Yuno...
Oct 06, 2023 (Gmt+09:00)
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Carbon neutralityHyundai Glovis pledges carbon neutrality by 2045
South Korean shipping and logistics company Hyundai Glovis Co. on Thursday pledged to achieve carbon neutrality by 2045. D...
Oct 06, 2023 (Gmt+09:00)
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Korean chipmakersSamsung unveils next-generation flagship mobile processor
SAN JOSE, California -- Samsung Electronics Co., the world’s top memory chipmaker, on Thursday unveiled the Exynos 2400, a...
Oct 06, 2023 (Gmt+09:00)
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Korean startupsRebellions, Samsung to jointly develop new AI chip
South Korea's AI semiconductor startup Rebellions announced a strategic partnership with Samsung Electronics Co. to co-develop t...
Oct 06, 2023 (Gmt+09:00)
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AutomobilesHyundai Motor, Kia to adopt Tesla’s charging standard for EVs
Hyundai Motor Co. and Kia Corp. have joined Tesla's Supercharger network for electric vehicles (EV).The North American branches ...
Oct 06, 2023 (Gmt+09:00)