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Corporate restructuringHyundai Mobis to spin off parts, module units amid revamp talk
South Korea’s largest auto parts maker Hyundai Mobis Co. is poised to spin off two of its major units that make car parts ...
Aug 12, 2022 (Gmt+09:00)
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Pension fundsKorea's NPS upped alternative investment by 33% in 2021
The National Pension Service (NPS) of South Korea committed 204.4 trillion won ($156.7 billion) to alternative investment as of ...
Aug 12, 2022 (Gmt+09:00)
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AutomobilesHyundai to set up AI robotics R&D center near Boston
South Korea’s Hyundai Motor Group will set up an artificial intelligence research center in the Boston area to develop AI-...
Aug 12, 2022 (Gmt+09:00)
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Korean gamesNCSOFT delays key game launches, darkening H2 outlook
NCSOFT Corp., South Korea’s leading games developer, postponed the releases of key games that could attract new users, clo...
Aug 12, 2022 (Gmt+09:00)
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Tech, Media & TelecomExperts criticize Seoul's quantum computer development efforts
The United States: 4158. South Korea: 50These figures refer to the number of qubits in a quantum computer that each country seek...
Aug 12, 2022 (Gmt+09:00)
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Banking & FinanceKorea’s BC Card to buy Indonesian IT firm for SE Asia biz growth
BC Card Co., a South Korean financial services provider, agreed to acquire an Indonesian IT company as it expands its businesses...
Aug 12, 2022 (Gmt+09:00)
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Samsung GroupSamsung’s Lee reinstated; big moves in store for top conglomerate
Lee Jae-yong, Samsung Group’s de facto leader, on Friday had his right to work restored, paving the way for big moves for ...
Aug 12, 2022 (Gmt+09:00)
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Electric vehiclesSeoul says US tax credit bill risks violation of FTA, WTO
South Korea has conveyed concerns to the US about its legislative move to remove tax credits from electric vehicles produced out...
Aug 12, 2022 (Gmt+09:00)
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ArtsExhibition: Samsung heir’s donation of Lee Jung-seob works
The late Samsung Group chairman Lee Kun-hee was an avid arts collector.Though the business magnate did not mention names, it was...
Aug 12, 2022 (Gmt+09:00)
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Culture & TrendsMZers become key consumers of ergonomic office chairs, Sidiz says
Ergonomic office chairs are drawing heightened interest from millennials and Generation Zers in South Korea, according to the co...
Aug 12, 2022 (Gmt+09:00)
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EconomyKorea trade deficit jumps as chip exports fall on Aug. 1-10
South Korea suffered from a larger trade deficit in the first 10 days of the month as semiconductor exports declined on weaker d...
Aug 12, 2022 (Gmt+09:00)