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Asset managementFed rate likely to be 2-4% over next decade: Oaktree's Howard Marks
Investors are experiencing the third “sea change,” facing the Federal Reserve’s rate hikes and its impact on e...
Nov 15, 2023 (Gmt+09:00)
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BatteriesSK On, BASF tie up for EV battery materials business
SK On Co., the world’s fifth-largest electric vehicle battery maker, and BASF SE, a major global cell materials producer, ...
Nov 15, 2023 (Gmt+09:00)
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E-commerceAlibaba continues eyeing S.Korean e-commerce M&A
Chinese tech giant Alibaba Group is seeking to purchase a major online retail platform in South Korea, one of the world’s ...
Nov 15, 2023 (Gmt+09:00)
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RoboticsLG, POSCO team up for unmanned robot’s facility management
LG Electronics Inc. announced on Wednesday it conducted a demonstration project for unmanned facility management using an artifi...
Nov 15, 2023 (Gmt+09:00)
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Food & BeverageDiageo to open Asia’s first pop-up store in Seoul
London-based global alcoholic beverage company Diageo announced on Wednesday it will open a pop-up store in Garosu-gil, Si...
Nov 15, 2023 (Gmt+09:00)
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Future mobilitySamsung hires Waymo’s autonomous driving design head
YoonJung Ahn, a design head at Waymo, Alphabet’s autonomous driving technology unit, is joining Samsung Electronics Co. as...
Nov 15, 2023 (Gmt+09:00)
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Leadership & ManagementHyundai’s Chung: 1st Korean awarded top UK Order from King Charles
Hyundai Motor Group Chairman Chung Euisun has been named a Commander of the Order of the British Empire (CBE) for promoting econ...
Nov 15, 2023 (Gmt+09:00)
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ConstructionHD Hyundai Infracore to sell excavator in dept. store
South Korea's HD Hyundai Infracore Co. will sell excavators at a department store for the first time in the domestic construct...
Nov 15, 2023 (Gmt+09:00)
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Chemical IndustrySK Geo breaks ground on $1.4 bn plastic recycling cluster
South Korea’s SK Geo Centric Co. on Wednesday broke ground on a waste plastic recycling complex to transform itself into a...
Nov 15, 2023 (Gmt+09:00)
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Alternative investmentsShinhan offers $77 mn debts in merger of Vistra, Tricor
South Korea's Shinhan Investment & Securities Co. said on Wednesday that it has led the merger of financial services firms V...
Nov 15, 2023 (Gmt+09:00)
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Artificial intelligenceUpstage to develop math-specific LLM with Qanda
South Korean artificial intelligence tech startup Upstage will challenge global math solver AIs such as OpenAI’s ChatGPT a...
Nov 15, 2023 (Gmt+09:00)
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ElectronicsLG Elec’s vehicle systems plants running above full capacity
LG Electronics Inc.'s automotive electronics production plants have surpassed 100% of their operating rate this year as of the e...
Nov 15, 2023 (Gmt+09:00)
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Bio & PharmaSouth Korean bio, pharma industry set to take leap
South Korea’s chemical maker LG Chem Ltd. is expected to reap more than 1 trillion won ($768.5 million) in sales this year...
Nov 15, 2023 (Gmt+09:00)
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Construction & PlanningPOSCO Int'l to build facility for modular in Ukraine
South Korea's POSCO International Corp. announced on Wednesday it plans to build a facility for modular in Ukraine. The com...
Nov 15, 2023 (Gmt+09:00)
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Food & BeveragePulmuone expands US fresh noodles plant
South Korea's food company Pulmuone announced on Wednesday it expanded its production line of fresh noodles plant in Gilroy, Cal...
Nov 15, 2023 (Gmt+09:00)
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Central bankBOK governor named chair of BIS financial system committee
Bank of Korea Governor Rhee Chang-yong has been appointed as the chairman of the Committee on the Global Financial System (CGFS)...
Nov 15, 2023 (Gmt+09:00)
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Tech, Media & TelecomKT says farewell to telegraph after a century of service
KT Corp., a leading South Korean telecom company, will end its telegraph service, once the fastest means of long-distance commun...
Nov 15, 2023 (Gmt+09:00)
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ElectronicsSamsung launches 8TB portable SSD T5 EVO
Samsung Electronics Co. on Wednesday unveiled the T5 EVO portable SSD, a lightweight portable Solid-State Drive (SSD) that provi...
Nov 15, 2023 (Gmt+09:00)