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MachineryHyundai Movex wins order for Sydney subway screen doors
Hyundai Movex, a Hyundai Group affiliate of South Korea, is moving to expand its overseas business in earnest with the opportuni...
Jan 19, 2023 (Gmt+09:00)
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K-popGenie's overseas sales of music sources surge with K-pop boom
Genie Music Corp., a music content distributor of South Korean telecommunication giant KT Corp., said on Jan. 19 that its overse...
Jan 19, 2023 (Gmt+09:00)
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Bio & PharmaLG Chem completes acquisition of US biotech firm AVEO
LG Chem Ltd. is set to complete its $571 million purchase of the US biotech firm AVEO Pharmaceuticals Inc. on Friday, which woul...
Jan 19, 2023 (Gmt+09:00)
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SteelPOSCO’s Pohang steel mill fully recovers from typhoon damage
POSCO Holdings Inc., the holding company of South Korea’s largest steelmaker, said on Thursday all its steelmaking facilit...
Jan 19, 2023 (Gmt+09:00)
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Food & BeverageS.Korea's Paris Baguette opens first outlet in Malaysia
To SPC Group, which hopes to tide over difficulties in the domestic market facing sagging growth potential and troubles caused b...
Jan 19, 2023 (Gmt+09:00)
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Carbon neutralitySamsung Heavy, MISC to jointly develop floating CO2 storage units
South Korea's major shipbuilder Samsung Heavy Industries said on Thursday that it has signed an agreement with MISC Berhad, a Ma...
Jan 19, 2023 (Gmt+09:00)
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BatteriesSK On, graphite processor Urbix to jointly produce anode materials
South Korea's SK On Co. and US graphite processor Urbix Inc. have signed an agreement to jointly develop high-performance anode ...
Jan 19, 2023 (Gmt+09:00)
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Aerospace & DefenseKAI signs agreement with Northrop Grumman to develop UAVs
Korea Aerospace Industries Ltd. (KAI) said on Thursday that it signed a memorandum of agreement (MOA) in relation to "technical ...
Jan 19, 2023 (Gmt+09:00)
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EnergyDoosan Enerbility acquires US design approval for metal nuclear cask
South Korea's energy equipment maker Doosan Enerbility Co. has obtained the green light in participating in the domestic nuclear...
Jan 19, 2023 (Gmt+09:00)
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Artificial intelligenceKorea to invest $367 million to nurture AI, metaverse, digital talent
South Korea plans to spend 453.7 billion won ($367 million) this year to nurture digital talent in the fast-growing business sec...
Jan 19, 2023 (Gmt+09:00)
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Beauty & CosmeticsCosmax to make inroads into Japanese market in earnest
Cosmax Inc., South Korea's cosmetics original design manufacturing (ODM) company, said on Thursday that it would start targeting...
Jan 19, 2023 (Gmt+09:00)
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Chemical IndustryCJ HDC Biosol completes plant for green biodegradable materials
South Korea's CJ HDC Biosol on Thursday said it held a completion ceremony for its biodegradable material compounding plant at G...
Jan 19, 2023 (Gmt+09:00)
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Asset managementMirae Asset sees 100-fold jump in deposits 15 years after entering India
South Korea's Mirae Asset Global Investments on Wednesday marked the 15th anniversary of its incorporated company in India that ...
Jan 19, 2023 (Gmt+09:00)
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Corporate investmentDanish wind turbine firm Vestas to invest $300 million in Korea
DAVOS, Switzerland – Danish wind turbine producer Vestas Wind Systems A/S has said it would invest $300 million in South K...
Jan 19, 2023 (Gmt+09:00)
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Central bankBOK mulls business, financial stability this year while focusing on inflation
The Bank of Korea Governor Rhee Chang-yong on Wednesday said, "We will focus on inflation this year but also closely consider tr...
Jan 19, 2023 (Gmt+09:00)
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Content platformsKT Skylife offers Disney Plus service via its channel
KT Skylife Co.,the satellite TV service subsidiary of South Korea's telecommunications-oriented KT Group, said on Wednesday that...
Jan 19, 2023 (Gmt+09:00)
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Shareholder activismActivist fund nominates director candidates for KT&G
A Singapore-based activist fund has stepped up pressure on the world’s fifth-largest tobacco maker KT&G Corp. to refor...
Jan 19, 2023 (Gmt+09:00)
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AutomobilesEpikar inks MOU with Singapore's NTU Research Center
South Korea's auto distribution digital solutions company Epikar said on Wednesday that it has signed a memorandum of understand...
Jan 19, 2023 (Gmt+09:00)
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Travel & LeisureLotte Tour signs with Costa Cruise to resume Korea-Japan routes
Lotte Tour Development Co. signed on Monday an agreement with Costa Cruise, an Italian cruise line, to charter cruise ships in D...
Jan 19, 2023 (Gmt+09:00)
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Bio & PharmaNGeneBio's diagnostic products start to be used in clinical tests in Vietnam
South Korea's medical diagnostics company NGeneBio Co. said on Wednesday that it is expanding its business in the Southeast Asia...
Jan 19, 2023 (Gmt+09:00)
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Corporate restructuringHyundai Doosan Infracore unveils new construction equipment brand
South Korea's Hyundai Doosan Infracore Co. on Wednesday said that in a news conference in Las Vegas on the day before, it unveil...
Jan 19, 2023 (Gmt+09:00)