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EarningsCelltrion's Q3 earnings boosted by Remsima sales in Europe
South Korean biopharmaceutical giant Celltrion Inc. announced 654.6 billion won ($478.2 million) in revenue and 213.8 billion wo...
Nov 09, 2022 (Gmt+09:00)
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Shipping & ShipbuildingSamsung Heavy develops liquefied hydrogen fuel cell system
Samsung Heavy Industries has succeeded in developing a liquefied hydrogen fuel cell system for use in marine propulsion. Th...
Nov 09, 2022 (Gmt+09:00)
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CompaniesUS water treatment juggernaut Culligan eyes Chungho Nais stake
Culligan, the biggest water treatment company in the United States, is set to become a major shareholder in South Korean water p...
Nov 09, 2022 (Gmt+09:00)
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Corporate bondsLotte to spend $651 mn to save affiliate from Legoland woes
Lotte Group is set to inject a total of $651 million through its chemical units to save a construction affiliate from the fallou...
Nov 09, 2022 (Gmt+09:00)
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Artificial intelligenceLG, Altair build AI-powered validation platform for automotive parts
LG Electronics Inc., an industry frontrunner in applying artificial intelligence to home appliances, said on Wednesday it has jo...
Nov 09, 2022 (Gmt+09:00)
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IPOsE-book platform Millie's Library drops IPO plan on tepid market interest
South Korean e-book platform Millie’s Library dropped its listing plan on Nov. 8 due to tepid demand from institutional in...
Nov 09, 2022 (Gmt+09:00)
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EconomyKorea’s job growth at 11-month low deepens economic woes
South Korea’s job growth in October fell for a fifth consecutive month to the lowest in eleven months, boosting concerns o...
Nov 09, 2022 (Gmt+09:00)
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Korean startupsSouth Korea’s biggest startup event ComeUp 2022 kicks off in Seoul
South Korea’s largest startup event ComeUp kicked off on Wednesday at the Dongdaemun Design Plaza (DDP). The annual e...
Nov 09, 2022 (Gmt+09:00)
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Korean gamesNCSOFT invests $15 million in blockchain company Mysten Labs
NCSOFT Corp., which announced early this year plans to install non-fungible token (NFT) technology in the global version of its ...
Nov 09, 2022 (Gmt+09:00)
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Korean chipmakersSK Hynix starts shipping low-power, high-efficiency LPDDR5X chips
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it has begun selling low-power, high-efficie...
Nov 09, 2022 (Gmt+09:00)
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Food & BeverageJin from BTS becomes new face of Ottogi Jin Ramen
South Korea’s food manufacturing giant Ottogi Co. has selected Jin from K-pop band BTS as its new face of the uber-popular...
Nov 09, 2022 (Gmt+09:00)
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Foreign exchangeKorea won hits 2-month high on US election, China hopes
The South Korean won on Wednesday hit a two-month high on expectations that a victory by the Republicans in the US midterm elect...
Nov 09, 2022 (Gmt+09:00)
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EarningsKorea's Walkerhill Hotels and Resorts posts 1st surplus in 11 quarters
South Korea's Walkerhill Hotels and Resorts, run by SK Networks, has returned to the black after two years and nine months thank...
Nov 09, 2022 (Gmt+09:00)
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Private equitySK Square chief expects significant investment gains from next year
SK Square Co., the investment management arm of South Korea’s SK Group, is looking to reap handsome gains from its investm...
Nov 09, 2022 (Gmt+09:00)
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Shipping & ShipbuildingKorea's Daewoo Shipbuilding earns $10 billion in orders this year
Daewoo Shipbuilding and Marine Engineering (DSME) has earned $10 billion in orders for the second straight year.The company on T...
Nov 09, 2022 (Gmt+09:00)
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EarningsLotte Chemical posts deficit for second straight quarter
Lotte Chemical on Tuesday announced that it suffered 423.9 billion won ($308 million) in operating loss on a consolidated basis ...
Nov 09, 2022 (Gmt+09:00)