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EconomyState-run think tank KDI slashes GDP forecast, urges BOK to cut ratesThe Korea Development Institute (KDI), South Korea’s state-run think tank, has slashed its forecasts for the country&rsquo...
Nov 12, 2024 (Gmt+09:00)
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Real estateKorea’s DL Group to sell hotels for $462 mn in further restructuringDL Group, South Korea’s petrochemical-to-construction conglomerate is putting some hotels on the market to raise an estima...
Nov 12, 2024 (Gmt+09:00)
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Aerospace & DefenseKorea’s Hanwha wins US Navy MRO deal as Trump seeks deeper shipbuilding tiesHanwha Ocean Co., South Korea’s third-largest shipbuilder, secured another vessel repair contract from the US Navy, expand...
Nov 12, 2024 (Gmt+09:00)
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Travel & LeisureParadise targets Taiwanese MICE marketParadise Co., a South Korean casino operator, said on Tuesday it held the 2024 Paradise Taipei MICE (meetings, incentives, confe...
Nov 12, 2024 (Gmt+09:00)
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Bio & PharmaGC establishes generative AI platform Hey GCSouth Korea's Green Cross Holdings Corp. (GC) said on Tuesday it established its generative AI standard platform Hey.GC.Hey.GC i...
Nov 12, 2024 (Gmt+09:00)
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ConstructionLotte E&C develops low-carbon cement constructionLotte Engineering & Construction (E&C) said on Tuesday developed carbon dioxide-infused mortar technology for flooring w...
Nov 12, 2024 (Gmt+09:00)
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ElectronicsLG Electronics, Tenstorrent in strategic tie-up for AI chip advancementSouth Korea’s home appliances giant LG Electronics Inc. and Toronto-based fabless AI chip designer Tenstorrent Inc. have a...
Nov 12, 2024 (Gmt+09:00)
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Aerospace & DefenseSpaceX's Falcon 9 launches S.Korean satellite into orbitA Falcon 9 rocket developed by Tesla Inc. founder Elon Musk’s SpaceX has successfully launched the Koreasat-6A, a communic...
Nov 12, 2024 (Gmt+09:00)
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ConstructionHyundai E&C wins $725 mn Saudi Arabia HVDC line orderHyundai Engineering & Construction Co. (Hyundai E&C) said on Tuesday it has bagged a $725 million order to build a power...
Nov 12, 2024 (Gmt+09:00)
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K-popRose’s music video ‘APT.’ surpasses 300 mn views on YouTubeThe music video for “APT.”, featuring girl group Blackpink's Rose in a duet with pop star Bruno Mars, has surpassed ...
Nov 12, 2024 (Gmt+09:00)
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Short sellingS.Korea mulls fines on Barclays, Citi for short-sale violationsSouth Korea’s financial authorities are considering fining British multinational investment bank Barclays plc and US inves...
Nov 12, 2024 (Gmt+09:00)
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Bio & PharmaHuonslab strengthens HyDIFFUZE IP with completion of US, EU examination request under PCT applicationSouth Korea’s Huonslab Co., a subsidiary of Huons Global Co. and a global leader in recombinant human hyaluronidase-based ...
Nov 12, 2024 (Gmt+09:00)
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Tech, Media & TelecomLG Uplus tests energy efficiency tech for 6G networkSouth Korea’s LG Uplus Corp. said on Tuesday it tested the All-Photonic Transport Network, a key technology designed to re...
Nov 12, 2024 (Gmt+09:00)
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LogisticsKakao Mobility, Samyang Logistics partner on fulfillment servicesKakao Mobility Corp., South Korea’s most popular ride-hailing app operator, said on Monday that it partnered with logistic...
Nov 12, 2024 (Gmt+09:00)
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Korean InvestorsToss Securities names Richard Hagen as CEO of TSAFSouth Korea's Toss Securities said on Tuesday that it has appointed Richard J. Hagen as CEO of its US subsidiary, TSA Financial ...
Nov 12, 2024 (Gmt+09:00)
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Mergers & AcquisitionsMBK Partners tipped to win battle for control of Korea ZincA consortium led by North Asia-focused buyout firm MBK Partners edged closer to winning the battle for control of Korea Zin...
Nov 12, 2024 (Gmt+09:00)