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Foreign exchangeKorean won rebounds on estimated $2 bn intervention
The South Korean won rebounded on Friday as the foreign exchange authorities were suspected of selling some $2 billion, showing ...
Sep 16, 2022 (Gmt+09:00)
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SteelPOSCO expects typhoon to reduce sales by $1.5 billion
POSCO, the world’s sixth-largest steelmaker, has predicted sales to fall by $1.5 billion as a typhoon disrupted one of its...
Sep 16, 2022 (Gmt+09:00)
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Mergers & AcquisitionsKorea's SG Private Equity to buy local industrial gas supplier
South Korea’s SG Private Equity is set to acquire local industrial gas supplier Hankook Special Gases Co. for a deal in th...
Sep 16, 2022 (Gmt+09:00)
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EconomyS.Korea's manufacturing sector posts biggest job growth in Aug
South Korea’s manufacturing industry accelerated its job growth in August to post its biggest monthly increase in almost a...
Sep 16, 2022 (Gmt+09:00)
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Korean foodPrice of napa cabbage, key kimchi ingredient, keeps soaring
The price of napa cabbage continues to soar in South Korea. Hit by heavy rainfall during its harvest season, Gangwon Provin...
Sep 16, 2022 (Gmt+09:00)
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EntertainmentDisney focuses on local content for global expansion
ANAHEIM, California -- The Walt Disney Co. is concentrating on local content to attract more viewers worldwide for its streaming...
Sep 16, 2022 (Gmt+09:00)
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BatteriesFord CEO heads to Korea to discuss EV tax credit with LG Energy, SK On
Ford Motor Co. Chief Executive Jim Parley will visit South Korea early next week to meet with chief executives of its battery su...
Sep 16, 2022 (Gmt+09:00)
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EconomyKorea vows favorable taxation for US, foreign firms
South Korea's National Tax Service (NTS) and the American Chamber of Commerce in Korea (AMCHAM) held a meeting on Sept. 16 to ...
Sep 16, 2022 (Gmt+09:00)
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BatteriesSeoul pushes for battery recycling to bypass US bill
South Korea will step up policy efforts to promote battery recycling, which might help the country get around the new US bill ai...
Sep 16, 2022 (Gmt+09:00)
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AutomobilesDrivers try racing Hyundai’s latest models at Asia’s largest driving center
The HMG Driving Experience Center, which is set to open on Sept. 16, will offer the general public an opportunity to try out asp...
Sep 16, 2022 (Gmt+09:00)
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Mergers & AcquisitionsIMM seeks to sell off low-cost cosmetics brand Missha
IMM Private Equity is trying to sell off the management rights of Able C&C, the parent of Korea’s first-generation low...
Sep 16, 2022 (Gmt+09:00)
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EntertainmentSM mulls ending producer contract with founder Lee Soo-man's firm
SM Entertainment Co. announced Thursday it is considering terminating the production contract with Like Planning, wholly owned b...
Sep 16, 2022 (Gmt+09:00)
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BatteriesIljin Materials unveils elecfoil with ultra-high tensile strength
Iljin Materials Co., a South Korean battery materials maker, has unveiled an ultra-high tensile elecfoil, which can significantl...
Sep 16, 2022 (Gmt+09:00)