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InfrastructureMacquarie Korea Asset Management confirms two nominees
Macquarie Group has named two executives at its Seoul-based real asset investment unit, which manages the main Kospi-listed Macq...
May 10, 2024 (Gmt+09:00)
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Korean foodOverseas Korean food fans choose soju, bibimbap as favorites
South Korea’s soju and bibimbap are respectively the most popular liquor and food among foreigners, according to survey re...
May 10, 2024 (Gmt+09:00)
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Beauty & CosmeticsBeauty store chain CJ Olive Young to launch Japan unit
CJ Olive Young Corp., South Korea’s largest beauty store chain, will set up a subsidiary in Japan in the first half of thi...
May 10, 2024 (Gmt+09:00)
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ElectronicsSamsung hits highest US smartphone market share in 4 years
Samsung Electronics Co. has achieved its highest market share in the US smartphone market in four years, thanks to its first AI ...
May 10, 2024 (Gmt+09:00)
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Corporate investmentShinhan, POSCO invest $20 mn in Australian hydrogen startup Hysata
South Korean steel giant POSCO Holdings Inc. and banking conglomerate Shinhan Financial Group have invested a combined US$20 mil...
May 10, 2024 (Gmt+09:00)
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Artificial intelligenceDeepX attracts $80 mn new investment
DeepX, South Korea's homegrown neural network and AI chip developer, announced on Friday that it finalized attracting an investm...
May 10, 2024 (Gmt+09:00)
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EnergyKEPCO teams up with Kyrgyzstan for new energy technology
Korea Electric Power Corp. (KEPCO), the state-run utility company, has joined hands with Kyrgyzstan for new energy businesses in...
May 10, 2024 (Gmt+09:00)
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Shareholder valueKorea Inc. ups dividend payouts despite falling net income
South Korean companies listed on the main bourse Kospi raised their dividend payouts between 2021 and 2023 despite falling net i...
May 10, 2024 (Gmt+09:00)
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AirlinesJin Air to resume Incheon-Hong Kong route in July
South Korea's low-cost carrier Jin Air announced on Friday that it will resume flights on the Incheon to Hong Kong route on July...
May 10, 2024 (Gmt+09:00)
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The KED ViewKorea: Underrated as seat of commercial arbitration
South Korean companies prefer seats of arbitration in other countries over domestic ones to resolve disputes even for the cases ...
May 10, 2024 (Gmt+09:00)
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K-popInnocean, HYBE opens BTS pop-up store in Bangkok
Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, announced on Friday that it opened a la...
May 10, 2024 (Gmt+09:00)
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RetailE-Land Retail to enter convenience store market
South Korea's E-Land Retail, the operator of Kim's Club, NC Department Store, and New Core Outlet operator, plans to enter the c...
May 10, 2024 (Gmt+09:00)
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Artificial intelligenceSamsung SDS unveils supply chain solution in US
South Korea's Samsung SDS Co. introduced a supplier relationship management (SRM) solution at the Gartner Supply Chain Symposium...
May 10, 2024 (Gmt+09:00)
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EntertainmentNetmarble sells stake in BTS label HYBE for $161 mn
South Korean game developer Netmarble Corp. is selling a stake in HYBE Co., the label behind global K-pop sensation BTS, for 219...
May 10, 2024 (Gmt+09:00)
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The KED ViewJapan’s heavy hand with Naver: Uneasy sign for market economy
Recent actions by the Japanese government and chief executives of LY Corp. and SoftBank Corp. are raising eyebrows, leading many...
May 10, 2024 (Gmt+09:00)
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Business & PoliticsSouth Korea Plans $7 Billion Push to Pivot EV Battery Industry Away From China
South Korea is dedicating around $7 billion to help wean its electric-vehicle battery supply chain away from China and align mor...
May 10, 2024 (Gmt+09:00)