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SteelPOSCO may need months to normalize typhoon-hit steel mill
POSCO, the world’s sixth-largest steelmaker, is expected to need months to resume full operations of its typhoon-hit plant...
Sep 14, 2022 (Gmt+09:00)
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Investment bankingBofA names Korean American Mike Joo as head of North America GCIB
Bank of America Corp. has appointed Korean American Mike Joo as its new head of North America global corporate and investment ba...
Sep 14, 2022 (Gmt+09:00)
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Tech, Media & TelecomSouth Korea fines Google, Meta $72 million for privacy violations
South Korea’s privacy protection regulator on Wednesday levied millions of dollars in fines on Alphabet’s Google LLC...
Sep 14, 2022 (Gmt+09:00)
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Foreign exchangeTumbling Korean won increases corporate debt burden
The South Korean won extended its losses to hit its weakest level since the 2008-09 global financial crisis on Wednesday, pressu...
Sep 14, 2022 (Gmt+09:00)
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Korean stock marketEV materials maker EcoPro tops the buy list of Korean stocks
Shares in EcoPro BM Co., a cathode material maker used in electric vehicle batteries, topped the list of South Korean stocks, fo...
Sep 14, 2022 (Gmt+09:00)
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Future mobilitySK Telecom-led consortium to commercialize air taxis on Jeju Island
Come 2025, visitors to South Korea’s resort island of Jeju will be able to hail air taxis while there – thanks to sp...
Sep 14, 2022 (Gmt+09:00)
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Bio & PharmaSanofi, Korean biotech Lemonex ink material transfer agreement
South Korean biotech Lemonex Inc. has signed a material transfer agreement (MTA) with global pharmaceutical giant Sanofi S.A. ...
Sep 14, 2022 (Gmt+09:00)
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Electric vehiclesHyundai faces growing rivalry with China’s BYD in Southeast Asia
Chinese electric vehicle maker BYD’s announcement last week that it will build its first overseas EV plant in Thailand is ...
Sep 14, 2022 (Gmt+09:00)
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LogisticsHyundai Glovis receives $1.6 bn order from global carmaker
Hyundai Glovis announced on Wednesday that it received an order worth 2.2 trillion won ($1.6 billion) from a global carmaker, a ...
Sep 14, 2022 (Gmt+09:00)
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Corporate investmentSK allots 40% of local spending to non-capital areas
SK Group, South Korea’s second-largest conglomerate after Samsung, will funnel 67 trillion won ($48 billion), or about 40%...
Sep 14, 2022 (Gmt+09:00)
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Bio & PharmaBiden’s move to beef up US bio industry poses threat to Korean firms
President Joe Biden’s plan to support the US biomanufacturing infrastructure aimed at containing China’s clout is po...
Sep 14, 2022 (Gmt+09:00)
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EconomyS.Korea in for longest monthly trade deficit spell in 25 yrs
South Korea is poised to report a trade deficit for a sixth straight month in September, which would mark its longest period of ...
Sep 14, 2022 (Gmt+09:00)
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SteelHyundai Steel unveils steel sheets with 30% reduction in carbon emissions
South Korean steelmaker Hyundai Steel Co. announced Tuesday it succeeded in the pilot manufacturing of advanced auto steel sheet...
Sep 14, 2022 (Gmt+09:00)