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Real estateKorean warehouse project financing on brink of debt crisis
Warehouse development projects in South Korea, which boomed amid COVID-19, are facing challenges such as suspension of construct...
Sep 21, 2022 (Gmt+09:00)
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BatteriesBattery maker SK On sweetens $1.4 bn fundraising deal
SK On Co., the world’s fifth-largest rechargeable battery maker, has sweetened its deal to attract 2 trillion won ($1.4 bi...
Sep 21, 2022 (Gmt+09:00)
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Aerospace & DefenseKorea defense firms showcase new weapons for record exports
South Korean defense makers showcased next-generation products with artificial intelligence, robot and stealth functions for t...
Sep 21, 2022 (Gmt+09:00)
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EconomyADB cuts Korea’s 2023 growth outlook as trade in deficit for sixth month
The Asian Development Bank (ADB) has slashed its 2023 growth outlook for the South Korean economy, citing daunting global risks,...
Sep 21, 2022 (Gmt+09:00)
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Shipping & ShipbuildingHyundai Heavy to adopt Palantir's big data platform
South Korea’s Hyundai Heavy Industries Group said on Wednesday that it has signed a contract with Palantir Technologies In...
Sep 21, 2022 (Gmt+09:00)
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The KED ViewWas South Korea’s FX intervention too late?
The South Korean won on Sept. 14 opened 1.4% lower in the domestic currency session after shocking US inflation data rattled glo...
Sep 21, 2022 (Gmt+09:00)
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Electric vehiclesKorean PM Han says EV tax credits may violate FTA rules
The US Inflation Reduction Act (IRA) appears to have violated the Free Trade Agreement (FTA) between the country and South Korea...
Sep 21, 2022 (Gmt+09:00)
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ConstructionHyundai E&C wins $158 mn order for port facility construction in Kuwait
South Korea’s Hyundai Engineering & Construction Co. announced Tuesday it won a 220 billion won ($157 million) deal fr...
Sep 21, 2022 (Gmt+09:00)
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Artificial intelligenceLG fridges, TVs to leverage embedded AI to distinguish human voices
LG Electronics Inc., an industry frontrunner in applying artificial intelligence to home appliances, has unveiled a new speaker ...
Sep 21, 2022 (Gmt+09:00)
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Memo from Howard MarksThe illusion of knowledge
I’ve been expressing my disregard for forecasts for almost as long as I’ve been writing my memos, starting with ...
Sep 21, 2022 (Gmt+09:00)