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Banking & FinanceSamsung's financial arms beat No.1 banking group KB in profit
Samsung Group's financial services business has overtaken South Korea's No. 1 banking group KB Financial Group in terms of net p...
Aug 16, 2024 (Gmt+09:00)
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EarningsKorea’s airline firms plagued by elevated fuel costs, strong dollar
South Korea’s six listed airline companies posted worsening profitability in the second quarter, plagued by higher jet fue...
Aug 16, 2024 (Gmt+09:00)
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Tech, Media & TelecomLG Uplus offers Korean Air gift cards to 5G subscribers
South Korea’s LG Uplus Corp. is expanding benefits for subscribers of its online-exclusive prepaid plan Nugget, including ...
Aug 16, 2024 (Gmt+09:00)
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Bio & PharmaSK Bioscience sells stake in US vaccine developer Novavax
SK Bioscience Co., a drug-making arm of South Korea's No. 2 conglomerate SK Group, has sold a stake in Nasdaq-listed vaccine dev...
Aug 16, 2024 (Gmt+09:00)
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Artificial intelligenceNaver Cloud takes the lead in Korea’s public AI business
South Korean online giant Naver Corp.'s cloud subsidiary is expanding its presence in the country’s public artificial inte...
Aug 16, 2024 (Gmt+09:00)
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Bio & PharmaIMBiologics transfers autoimmune disease drug tech to Huadong Pharma
South Korea's antibody-based biotech company IMBiologics announced on Friday that it signed a contract to transfer the technolog...
Aug 16, 2024 (Gmt+09:00)
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ElectronicsSamsung’s Circle to Search available on Galaxy A series to rival Xiaomi
Samsung Electronics Co. has been battling Apple Inc. in the high-end smartphone segment with its premium Galaxy S series packed ...
Aug 16, 2024 (Gmt+09:00)
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MachineryHyundai Rotem to supply additional rail cars to Boston
South Korea's Hyundai Rotem Co. announced on Friday that it signed a contract with the Massachusetts Bay Transportation Authorit...
Aug 16, 2024 (Gmt+09:00)
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Bio & PharmaCelltrion scraps merger with Celltrion Pharm
South Korea’s largest biosimilar maker Celltrion Inc. said on Friday that it has scrapped a plan to merge with Celltrion P...
Aug 16, 2024 (Gmt+09:00)
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ElectronicsSamsung's AI home appliances hit 1.5 mn units sold
Samsung Electronics Co. said on Thursday that its cumulative sales of AI-integrated home appliances have surpassed 1.5 million u...
Aug 16, 2024 (Gmt+09:00)
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Travel & LeisureKorean Telco giant KT’s Midas touch with hotel business
KT Corp., one of South Korea’s top three mobile carriers, is on a roll in the hotel business despite its late foray into t...
Aug 16, 2024 (Gmt+09:00)
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Electric vehiclesHyundai, Kia to apply BMS to all EVs for fire prevention
Hyundai Motor Group, the world’s third-largest automaker, plans to install its battery management system (BMS) in all its ...
Aug 16, 2024 (Gmt+09:00)
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Shipping & ShipbuildingHD Hyundai Samho, Wan Hai sign LOI for methanol-powered ships
South Korea's HD Hyundai Samho secured a potential order for four methanol dual-fuel container ships from Taiwan's Wan Hai Lin...
Aug 16, 2024 (Gmt+09:00)
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ElectronicsLG Elec hosts OLED TV media art exhibition in Vietnam
LG Electronics Inc. held a media art exhibition, "The Future Becomes Now," at the heart of Vietnam's bustling metropolis Lotte M...
Aug 16, 2024 (Gmt+09:00)
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ConstructionKorea’s top landscaping firm Dawon to expand in SE Asia
South Korea’s Dawon Corporation aims to expand its business in Southeast Asia as it beat out major domestic builders such ...
Aug 16, 2024 (Gmt+09:00)