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RetailForeign VIP customers boost Korean department stores' sales
Wei Liu, a 41-year-old Taiwanese businessman, snapped up 300 million won ($220,000) worth of luxury brand products at Hyundai De...
Jun 07, 2024 (Gmt+09:00)
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Korean stock marketKorea's short-selling ban impedes MSCI index upgrade
South Korea is expected to retain its MSCI’s emerging market status as the global index provider said in its June 6 report...
Jun 07, 2024 (Gmt+09:00)
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AirlinesKorean LCCs take on flag carriers with long-haul routes
From June 11, Air Premia Inc. is slated to launch service to Oslo, Norway, the longest-haul route for a South Korean low-cost ca...
Jun 07, 2024 (Gmt+09:00)
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Shipping & ShipbuildingHD KSOE gets $100 mn order for two PC ships
South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) announced on Friday that it has recently signed a c...
Jun 07, 2024 (Gmt+09:00)
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Bio & PharmaSK Biopharm mulls acquiring firms, drug sales rights in US
SAN DIEGO, California -- South Korea’s SK Biopharmaceuticals Co. is considering acquiring firms in the US, or the sales ri...
Jun 07, 2024 (Gmt+09:00)
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Korean chipmakersHanmi Semiconductor wins $110 mn HBM equipment order from SK Hynix
South Korean chip equipment company Hanmi Semiconductor Co. announced on Friday that it has received an order from SK Hynix Inc....
Jun 07, 2024 (Gmt+09:00)
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ElectronicsSamsung to offer AI features in Galaxy Z6 foldable series
Samsung Electronics Co. will power its Galaxy Z6 series due to be unveiled next month with mobile AI technology, including a liv...
Jun 07, 2024 (Gmt+09:00)
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Aerospace & DefenseNara Space selected as IPEF's top-100 climate startups
South Korea's micro-satellite startup Nara Space Technology Inc. announced on Friday that it was selected as one of the top-100 ...
Jun 07, 2024 (Gmt+09:00)
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Electric vehiclesHyundai to launch EV model of Staria minivan in 2026
South Korea’s top automaker, Hyundai Motor Co., is slated to launch an electric vehicle model of its Staria van in 2026 to...
Jun 07, 2024 (Gmt+09:00)
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MetaverseLG Uplus, GIST to build metaverse campus
South Korea's LG Uplus Corp. announced on Thursday a business agreement with the Gwangju Institute of Science and Technology (GI...
Jun 07, 2024 (Gmt+09:00)
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Food & BeverageShinsegae Dept. Store to sell luxury wines in Gangnam
South Korean retail giant Shinsegae Group is set to sell luxury wines with price tags up to tens of thousands of dollars in Seou...
Jun 07, 2024 (Gmt+09:00)
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Bio & PharmaSamsung Biologics eyes windfall gain amid US-China row
SAN DIEGO – Samsung Biologics Co. is enjoying a stream of contract development and manufacturing order inquiries from big ...
Jun 07, 2024 (Gmt+09:00)
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Shipping & ShipbuildingHanwha Ocean gets approval for LCO2 carrier from ABS
South Korea's Hanwha Ocean Co. said on Thursday it received Approval in Principle (AIP) from classification society ABS for a 40...
Jun 07, 2024 (Gmt+09:00)
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MachineryHD Hyundai's Future-X wins Red Dot Design Award
South Korea's HD Hyundai XiteSolution announced on Thursday that its futuristic unmanned construction equipment Future-X won the...
Jun 07, 2024 (Gmt+09:00)