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Korean startupsSouth Korean drone startups rush to join military drone race
South Korean drone-developing startups are rushing to join the race to develop military drones to meet growing demand for drones...
Apr 08, 2024 (Gmt+09:00)
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ECM/DCMLG Electronics seeks to sell global bonds, 1st time in 12 yrs
LG Electronics Inc. is seeking to issue dollar-denominated bonds, its first global bond sale in 12 years, according to people wi...
Apr 08, 2024 (Gmt+09:00)
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Electric vehiclesHyundai-Kia’s India-only EVs to run on Exide batteries
Hyundai Motor Co. and Kia Corp. will use lithium-ion phosphate (LFP) batteries that will be mass-produced by Indian battery make...
Apr 08, 2024 (Gmt+09:00)
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Korean chipmakersSamsung Electronics stock likely to climb in Q2, analysts say
South Korean analysts have recommended investors buy Samsung Electronics Co. stocks as the world’s top memory chipmaker, w...
Apr 08, 2024 (Gmt+09:00)
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Private equityCarlyle’s Rubenstein sees commercial real estate undervalued
The US commercial real estate market is undervalued relative to other sectors amid elevated interest rates, while Big Tech stock...
Apr 08, 2024 (Gmt+09:00)
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Food & BeverageDoosan Robotics supplies barista robot to Mega Coffee
South Korea's Doosan Robotics Inc. announced on Monday that its cooperative robot barista solution has been installed at the Meg...
Apr 08, 2024 (Gmt+09:00)
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RegulationsCarcinogens found in kids' goods sold on Chinese apps; Temu under probe
South Korea is looking into Chinese online shopping platforms as some products, including some for children, were found to conta...
Apr 08, 2024 (Gmt+09:00)
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Leadership & ManagementCommercial vehicle guru Andersson leads MAN’s Korea, Australia businesses
Commercial vehicle veteran Peter Andersson is now managing MAN Truck & Bus SE’s businesses in South Korea and a cluste...
Apr 08, 2024 (Gmt+09:00)
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Banking & FinanceKB Kookmin Card launches card for overseas payments
KB Kookmin Card, a credit card unit of KB Financial Group, announced on Monday that it launched the WE:SH Travel credit card tha...
Apr 08, 2024 (Gmt+09:00)
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Aerospace & DefensePerigee, Hyundai Rotem to team up for SLV
South Korea's Perigee Aerospace Inc. announced on Monday that it signed a memorandum of understanding (MOU) with Hyundai Rotem C...
Apr 08, 2024 (Gmt+09:00)
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Artificial intelligenceKorea’s LG telecom unit unveils AI agent with own technology
LG Uplus Corp., South Korea’s No. 3 mobile carrier, has introduced an artificial intelligence agent platform based on its ...
Apr 08, 2024 (Gmt+09:00)
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E-commerceCoupang's PB SMEs in S.Korea triple in five years
Coupang Inc., South Korea's leading e-commerce platform, announced on Sunday that the number of small and medium-sized enterpris...
Apr 08, 2024 (Gmt+09:00)
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Investment bankingGoldman Sachs names Choi Seoul office chief
Global investment bank Goldman Sachs said on Monday that it has named managing director Choi Jae-joon as the new chief of its Se...
Apr 08, 2024 (Gmt+09:00)
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FashionKorea’s Hansae MK targets global children’s fashion market
South Korean clothing retailer Hansae MK Co. selling National Basketball Association (NBA) apparel in the country aims to expand...
Apr 08, 2024 (Gmt+09:00)
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RetailLotte Home Shopping opens Bellygom pop-up in Myeongdong
South Korea's Lotte Home Shopping announced on Monday that it will open a Bellygom pop-up store at Lotte Duty Free's showroom No...
Apr 08, 2024 (Gmt+09:00)
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Private debtGolf equipment maker Taylormade to refinance $222 mn of debt
One of the South Korean owners of Taylormade Golf Co., a leading global golf equipment maker, is set to refinance its 300 billio...
Apr 08, 2024 (Gmt+09:00)
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Beauty & CosmeticsAekyung AGE20's to launch cushion foundation in Japan
AGE20's, South Korean cosmetic company Aekyung Industrial Co. 's flagship cosmetic brand, announced that it held a new cushion f...
Apr 08, 2024 (Gmt+09:00)
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Corporate investmentKorean companies’ 2024 facility investment doubles to $39.4 billion
South Korea’s major companies invest heavily in facilities to seek new growth engines and drive up their corporate value a...
Apr 08, 2024 (Gmt+09:00)