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Short sellingKorean stock market volatility up since short-selling ban
The South Korean stock market has seen increased volatility and few rallies over the past three months, in sharp contrast to gov...
Feb 13, 2024 (Gmt+09:00)
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Electric vehiclesHyundai to release Genesis hybrid variants in 2025
Hyundai Motor Co. is expected to release hybrid cars under its premium brand Genesis next year to attract drivers hesitant to sw...
Feb 13, 2024 (Gmt+09:00)
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Mergers & AcquisitionsOCI-Hanmi merger faces tougher hurdles amid family feud
Hanmi Pharmaceutical Group’s aim to merge with chemicals giant OCI Group is hitting some roadblocks amid a prolonged feud ...
Feb 13, 2024 (Gmt+09:00)
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SteelPOSCO chairman nominee to prop up ailing steel business
The chairman nominee of POSCO Holdings Inc., the parent of the world’s No. 7 steelmaker POSCO, is expected to concentrate ...
Feb 13, 2024 (Gmt+09:00)
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AutomobilesHyundai Motor to exceed 100 mn cumulative sales in 2024
Hyundai Motor Co. 's cumulative vehicle sales are expected to surpass 100 million units this year since it started 56 years afte...
Feb 13, 2024 (Gmt+09:00)
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Leadership & ManagementSK Group’s Chey Tae-won heads to Europe, seeks AI partnerships at MWC
SK Group Chairman Chey Tae-won will embark on a business trip to Europe next week as South Korea’s second-largest conglome...
Feb 13, 2024 (Gmt+09:00)
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Tech, Media & TelecomSK Telecom to enter Australian pet clinics market in H1
South Korea’s SK Telecom Co. announced on Tuesday that it has signed a commercial contract with ATX Medical Solutions, A...
Feb 13, 2024 (Gmt+09:00)
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Aerospace & DefenseHanwha, Saudi gov't to cooperate in defense industry
Hanwha Aerospace Co. and Hanwha Systems Co. announced on Tuesday that they signed a three-party memorandum of understanding (MOU...
Feb 13, 2024 (Gmt+09:00)
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Bio & PharmaDaewoong gets stem cell facility license in Indonesia
South Korea's Daewoong Pharmaceutical announced on Tuesday that its subsidiary Daewoong Biologics Indonesia has obtained a stem ...
Feb 13, 2024 (Gmt+09:00)
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Mergers & AcquisitionsQoo10 buys US e-commerce platform Wish for $173 mn
Southeast Asia-focused e-commerce platform Qoo10 Pte. has agreed to acquire Wish, a US online marketplace, for $173 million from...
Feb 13, 2024 (Gmt+09:00)
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Electric vehiclesTesla to showcase Cybertruck in South Korea next week
Tesla Inc., the world’s No. 2 electric vehicle maker, is set to showcase its electric full-size pickup Cybertruck in South...
Feb 13, 2024 (Gmt+09:00)
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Advertising & MarketingPOSCO Int’l wins Mercury Awards for video ad
POSCO International Corp. announced on Tuesday that it has received the Honors Award in the Corporate Identity Video category at...
Feb 13, 2024 (Gmt+09:00)
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AutomobilesKia Sportage reports best year in Europe, driven by hybrid models
Kia Corp., South Korea’s second-largest automaker, said on Tuesday the sale of its flagship compact sport utility vehicle ...
Feb 13, 2024 (Gmt+09:00)
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Tech, Media & TelecomSamsung, Princeton Univ. to team up for 6G R&D
Samsung Electronics Co. announced on Tuesday that its fore-front R&D center Samsung Research America (SRA) has joined Prince...
Feb 13, 2024 (Gmt+09:00)