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MetaverseLotte Group aims for top spot in metaverse retail space
Lotte Group Chairman Shin Dong-bin is known for his obsession with new tech gadgets.He’s one of those early adopters in So...
Jan 13, 2022 (Gmt+09:00)
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Artificial intelligenceKorean AI startups blaze trails in overseas markets
Artificial intelligence-powered image analysis company Alchera Inc. is working with PG&E (The Pacific Gas and Electric Com...
Jan 13, 2022 (Gmt+09:00)
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LogisticsMesh to raise up to $253 mn to become logistics unicorn
Logistics service provider Mesh Korea Co. plans to raise 200 billion to 300 billion won ($168.6 million to $253 million) in it...
Jan 13, 2022 (Gmt+09:00)
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SteelPOSCO to revive India steel mill construction plan
POSCO Co. plans to build a steel mill jointly with India's Adani Group in western India, the South Korean steelmaker said on Thu...
Jan 13, 2022 (Gmt+09:00)
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AutomobilesHyundai Motor aims to triple Genesis G90 sales by 2023
Hyundai Motor Co. said on Thursday it aims to triple the global sale of the Genesis G90 over the next couple of years by launchi...
Jan 13, 2022 (Gmt+09:00)
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Banking & FinanceBank of Korea may hike rates this week to curb inflation, household debt
South Korea’s central bank is almost certain to raise interest rates on Friday to curb inflation and household debt as the...
Jan 13, 2022 (Gmt+09:00)
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Private equityMBK sells 10% stake to Dyal Capital for around $1 bn
North Asia-focused MBK Partners has agreed to sell a roughly 13% stake to Dyal Capital Partners for about $1 billion, according ...
Jan 13, 2022 (Gmt+09:00)
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BatteriesLG Energy IPO fever lifts Korea’s battery stocks
LG Energy Solution Ltd., the world’s No. 2 battery maker, attracted a record $9.65 trillion demand for South Korea’s...
Jan 13, 2022 (Gmt+09:00)
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AutomobilesMotional to begin robotaxi dispatch next year
US-based autonomous vehicle company Motional Inc. announced its plans for the commercialization of driverless cars based on the ...
Jan 13, 2022 (Gmt+09:00)
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Private equityBaillie Gifford, Allianz increase holdings in 3D tech firm Koh Young
Global asset managers are increasing shareholdings in Koh Young Technology Inc., Korea’s leading 3D image measureme...
Jan 13, 2022 (Gmt+09:00)
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Automobiles2022 Mercedes EQS EV comes with LG's flexible OLED
The 2022 models of Mercedes-Benz AG's electric vehicle EQS will be equipped with infotainment systems co-developed with LG Elect...
Jan 13, 2022 (Gmt+09:00)