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AutomobilesHyundai, Kia to rank third in Europe’s car market after 45 years
Just a couple of decades ago, vehicles built by Hyundai Motor Co. and Kia Corp. were dismissed as second-class cars of poor qual...
Dec 16, 2022 (Gmt+09:00)
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Banking & FinanceKEXIM to provide $1.2 bn project financing for Indonesian refinery project
The Export-Import Bank of Korea (Eximbank) announced on Friday that it has signed a $1.2 billion project financing agreement wit...
Dec 16, 2022 (Gmt+09:00)
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Bio & PharmaSeegene's COVID-19 diagnostic product wins Product of the Year Award
Seegene Inc. said on Friday that its COVID-19 diagnostic product Allplex SARS-CoV-2 Assay received the Product of the Year Award...
Dec 16, 2022 (Gmt+09:00)
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ElectronicsSamsung Electronics to enhance Minute Maid Park digitally
Samsung Electronics Co. has been selected as an official partner for display solutions at Minute Maid Park, the home stadium of ...
Dec 16, 2022 (Gmt+09:00)
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Mergers & AcquisitionsGlenwood to sue Baring PEA over buyout deal cancellation
South Korea’s Glenwood Private Equity is set to take legal action against Hong Kong-based Baring Private Equity Partner ov...
Dec 16, 2022 (Gmt+09:00)
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EconomyKorea to retain more skilled foreign workers with visa status upgrade
South Korea plans to more than double the number of skilled foreign workers next year as the country is struggling with a declin...
Dec 16, 2022 (Gmt+09:00)
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RoboticsKT to commercialize self-driving robots with startup Neubility
KT said on Friday that it has signed a partnership agreement with Neubility, an outdoor self-driving robot developer, to expand ...
Dec 16, 2022 (Gmt+09:00)
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Korean stock marketKRX opens German office to promote EU certification of Korean indices
The Korea Exchange said that it opened its third overseas office in Frankfurt, Germany, and would promote the EU Benchmarks Regu...
Dec 16, 2022 (Gmt+09:00)
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Shipping & ShipbuildingSamsung Heavy obtains blockchain security certificate
South Korea's Samsung Heavy Industries Co. announced the successful development of a cyber-security solution for autonomous ship...
Dec 16, 2022 (Gmt+09:00)
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AirlinesKorean Air resumes regular staff recruitment for 1st time in 3 years
Korean Air Lines Co. for the first time in three years has resumed regular staff recruitment that was suspended by the COVID-19 ...
Dec 16, 2022 (Gmt+09:00)
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AirlinesS.Korean Airlines increase flights in anticipation of travel boom
South Korean airlines launched extensive marketing activities such as increasing international flights and giving free tickets i...
Dec 16, 2022 (Gmt+09:00)
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CompaniesS.Korea's e-commerce platform Plugo secures $9 million in investment
South Korea's Plugo, a comprehensive e-commerce platform based in Singapore, has attracted $9 million in Series A investment, th...
Dec 16, 2022 (Gmt+09:00)
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ElectronicsKiturami's carbon mats, hot ticket in Korea this winter
Convenience and less heating costs have been changing the shape of South Korea's heated mat market which has been traditionally ...
Dec 16, 2022 (Gmt+09:00)
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Mergers & AcquisitionsTruston Asset looks to help run Taekwang with 5.8% stake
South Korea's Truston Asset Management has changed the purpose of its stock investment in the chemical and textile company Taekw...
Dec 16, 2022 (Gmt+09:00)
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Mergers & AcquisitionsKorean PE firm Hahn & Co to sell used-car platform K Car
South Korean private equity firm Hahn & Co. is set to sell a majority stake in local used-car trading platform K Car Co. as ...
Dec 16, 2022 (Gmt+09:00)
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EconomyS.Korean corporate debt ratio hits six-year high in Q3
South Korean corporate debt ratio rose to a six-year high in the third quarter as sales growth and profitability fell, darkening...
Dec 16, 2022 (Gmt+09:00)
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Chemical IndustryKCC's paint selected as World-Class Product for 14 consecutive years
South Korea's leading chemical and auto parts supplier KCC Corp. said on Thursday that its anti-rust and anti-fouling paints for...
Dec 16, 2022 (Gmt+09:00)
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Chemical IndustryS.Korea rules dumping of polyamide film by China, Thailand, Indonesia
The South Korean government has issued a ruling on the dumping of polyamide film from China, Thailand and Indonesia and aluminum...
Dec 16, 2022 (Gmt+09:00)
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Banking & FinanceHana Bank signs agreement for 24-hour forex trading
Hana Bank said on Friday that it signed a strategic memorandum of understanding (MOU) with Toss Securities for 24-hour foreign e...
Dec 16, 2022 (Gmt+09:00)
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Memo from Howard MarksSea Change
sea change (idiom): a complete transformation, a radical change of direction in attitude, goals . . . (Grammarist) In my ...
Dec 16, 2022 (Gmt+09:00)