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Real estateHanjin KAL to sell off its Waikiki Resort Hotel at $108 mn
South Korea’s Hanjin KAL Corp. will sell the assets owned by its Hawaii-based subsidiary Waikiki Resort Hotel Inc. to US c...
Sep 08, 2023 (Gmt+09:00)
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EnergySK E&S signs PPA agreement with Iljin Group affiliates
South Korea's SK E&S announced on Friday that it has entered into a direct power purchase agreement (PPA) with Iljin Global ...
Sep 08, 2023 (Gmt+09:00)
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Banking & FinanceKB Financial Vice Chairman Yang named sole chairman candidate
KB Financial Group Inc. has chosen Yang Jong-hee, its vice chairman, as the sole candidate for its next chief in charge of South...
Sep 08, 2023 (Gmt+09:00)
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Tech, Media & TelecomQualcomm, Samsung execute tech to improve 5G performance
Qualcomm Inc., the leading global mobile chip maker, and Samsung Electronics Co., the world’s second-largest smartphone ma...
Sep 08, 2023 (Gmt+09:00)
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BlockchainMirae Asset teams up with Polygon Labs for tokenized securities
South Korea’s Mirae Asset Securities Co. has partnered with Polygon Labs, a New York-based global blockchain company, for ...
Sep 08, 2023 (Gmt+09:00)
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Business & PoliticsS.Korea to receive $1 bn in unpaid bills from Uzbek gas project
South Korean firms are poised to receive $1 billion in unpaid bill that has accumulated since 2017 from Uzbekistan’s Surgi...
Sep 08, 2023 (Gmt+09:00)
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EnergyDoosan seeks to fuel Indonesia power plants with green ammonia
Doosan Enerbility Co., a South Korea construction equipment manufacturer, said on Friday it has signed a memorandum of understan...
Sep 08, 2023 (Gmt+09:00)
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Artificial intelligenceKakao Mobility to build mobility-customized GenAI platform
South Korea's Kakao Mobility has announced a vision to build an evolved platform with generative artificial intelligence (GenAI)...
Sep 08, 2023 (Gmt+09:00)
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Tech, Media & TelecomSK Ecoplant to build data center linked to landing station in Pohang
South Korea's SK Ecoplant is set to establish, for the first time in South Korea, a global data center linked to a landing stati...
Sep 08, 2023 (Gmt+09:00)
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Bio & PharmaPlasmapp to export 12.3 mn worth of sterilizers to Japan
South Korea's bioplasma technology firm Plasmapp announced on Friday that it has signed a product supply contract worth 16.4 bil...
Sep 08, 2023 (Gmt+09:00)
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EconomyS.Korea posts current surplus on bigger import decline in July
South Korea maintained a surplus in the current account balance for the third consecutive month in July, driven by its positive ...
Sep 08, 2023 (Gmt+09:00)
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Carbon neutralitySK Rent-a-Car to replace internal combustion engine cars with EVs
SK Rent-a-Car plans to overhaul its existing fleet of internal combustion engine vehicles in favor of electric cars. The company...
Sep 08, 2023 (Gmt+09:00)
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Electric vehiclesHyundai-LG battery JV in Indonesia to power IONIQ 5, other EVs: Chung
Hyundai Motor Co.'s battery joint venture with LG Energy Solution Ltd. in Indonesia will become the South Korean carmaker&r...
Sep 08, 2023 (Gmt+09:00)
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Shipping & ShipbuildingHanwha Ocean recognized for eco-friendly tech at Gastech 2023
South Korea's Hanwha Ocean Co. said on Friday that it had received key environmental certifications from two leading maritime cl...
Sep 08, 2023 (Gmt+09:00)
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Hydrogen economyPOSCO to lead Korea-Australia hydrogen, minerals partnership
POSCO Group, South Korea’s largest steelmaker, will lead the country's efforts to cement a partnership with Australia in a...
Sep 08, 2023 (Gmt+09:00)
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EconomyS.Korea inks FTA with Philippines, boon to Korean car exports
South Korea has signed a free trade pact with the Philippines, which is expected to bolster Korean car exports to the Southeast ...
Sep 08, 2023 (Gmt+09:00)
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Banking & FinanceS.Korea's Eximbank, Australia's EFA sign MOU on mineral supply chains
The Export-Import Bank of Korea (Eximbank) on Thursday in Seoul signed a memorandum of understanding with Export Finance Austral...
Sep 08, 2023 (Gmt+09:00)
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Corporate strategyKorea Inc. to focus more on India, Vietnam as biz partners
South Korean companies are set to concentrate more on business with emerging markets including India and Vietnam than Asian majo...
Sep 08, 2023 (Gmt+09:00)
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Culture & TrendsS.Korea’s web novel sector hits $750 mn in value: Study
South Korea's rising web novel industry, which has seen popular works like "Reborn Rich" and "The Red Sleeve" made into TV serie...
Sep 08, 2023 (Gmt+09:00)
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Bio & PharmaAriBio applies for Phase 3 clinical trials in China for oral dementia drug
South Korean clinical-stage biotech company AriBio Co. on Thursday said it applied for Phase 3 clinical trials on the anti-Alz...
Sep 08, 2023 (Gmt+09:00)
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EnergyPOSCO Int'l, Equinor tie up for Ulsan offshore wind project
POSCO International Corp., a South Korean energy and trading arm of steel behemoth POSCO Holdings Inc., signed a memorandum of u...
Sep 08, 2023 (Gmt+09:00)