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AirlinesKorean Air breaks ground on Asia’s largest aircraft engine MRO cluster
Korean Air Lines Co., South Korea’s No. 1 full-service carrier, said on Thursday it has begun construction of a $439 milli...
Mar 14, 2024 (Gmt+09:00)
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Banking & FinanceKorea's Shinhan, Hana accelerate overseas push after record profits
South Korean major banks aim to accelerate their expansions in other countries as their overseas investments paid off with recor...
Mar 14, 2024 (Gmt+09:00)
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Private equityKorean rental platforms become headache for PE investors
South Korean rental platforms have become a headache for private equity firms, with their declining profits and dim business out...
Mar 14, 2024 (Gmt+09:00)
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Tech, Media & TelecomSK Ecoplant opens US recycling plant for data center servers
SK Ecoplant Co., a South Korean construction engineering and waste management firm, said on Thursday it launched a recyclin...
Mar 14, 2024 (Gmt+09:00)
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Electric vehiclesHyundai to bring Casper EV to Japan, premium Genesis cars to India
Hyundai Motor Co. will bring its electric Casper crossover city car to Japan next year as part of a bid to reinvigorate its perf...
Mar 14, 2024 (Gmt+09:00)
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AutomobilesHyundai Motor unveils design of commercial EV platform
Hyundai Motor Co. unveiled the design of its first commercial electric vehicle (EV) platform ST1 on Thursday. ST1 is a commercia...
Mar 14, 2024 (Gmt+09:00)
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ConstructionDaewoo E&C, Kuwaiti banks sign $250 mn loan agreement
Daewoo Engineering & Construction Co. has signed an agreement to take on a $250 million loan from three Kuwaiti banks, Al Ah...
Mar 14, 2024 (Gmt+09:00)
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The Deep DiveKorea faces apple crisis amid climate, demographic change
Apples, normally among the most common and available fruit, are poised to be a rarity in South Korea, where people are suffering...
Mar 14, 2024 (Gmt+09:00)
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Chemical IndustryKolon Plastics to be rebranded as Kolon ENP
Kolon Plastics Inc. announced on Thursday that it will change its name to Kolon ENP. The rebranding will be confirmed if approve...
Mar 14, 2024 (Gmt+09:00)
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AutomobilesHyundai Mobis develops integrated module for EV front face
Hyundai Mobis Co., the world’s sixth-largest automotive parts maker, known as Mobis outside of its home South Korea, annou...
Mar 14, 2024 (Gmt+09:00)
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Artificial intelligenceLunit gets court approval for Volpara acquisition in New Zealand
South Korean medical AI company Lunit announced on Thursday that it received the first approval from the High Court of New Zeala...
Mar 14, 2024 (Gmt+09:00)
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AutomobilesHyundai Motor, Kia to recall 170,000 EVs
Around 170,000 units of electric vehicles (EVs) from Hyundai Motor Co. and Kia Corp. are voluntarily recalled, the largest recal...
Mar 14, 2024 (Gmt+09:00)
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Banking & FinanceDGB Financial launches overseas asset management
South Korea's DGB Financial Group announced on Thursday that it opened its first overseas subsidiary Hi Asset Management Asia (H...
Mar 14, 2024 (Gmt+09:00)