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Central bankKorean financial markets tumble as Fed signals higher rates
South Korean stocks, bonds and its currency tumbled on Thursday as the US Federal Reserve gave indications of another interest r...
Sep 21, 2023 (Gmt+09:00)
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Private equityShinyoung Asset, Baillie Gifford launch global growth stock fund
Shinyoung Asset Management Co. has joined hands with Baillie Gifford & Co., a UK investment management firm, to launch a lon...
Sep 21, 2023 (Gmt+09:00)
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Chemical IndustryUnid expands potassium hydroxide plant in Ulsan
OCI Group-affiliated chemical company Unid announced on Thursday that it has completed the expansion of its Ulsan plant after in...
Sep 21, 2023 (Gmt+09:00)
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Mergers & AcquisitionsSK Chemicals to sell pharmaceutical unit to Glenwood PE
SK Chemicals Co., a South Korean plastic materials producer, is in exclusive talks with Seoul-based Glenwood Private Equity to s...
Sep 21, 2023 (Gmt+09:00)
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ElectronicsB2B, home appliance giant LG's new money spinner
A sense of crisis gripped South Korean home appliance giant LG Electronics Inc. two years ago when consumers tightened their pur...
Sep 21, 2023 (Gmt+09:00)
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Shipping & ShipbuildingHanwha Ocean, ABS to join forces for LCO2 carrier study
South Korean shipbuilder Hanwha Ocean Co. said Thursday that it has signed a four-way agreement with global entities in the ship...
Sep 21, 2023 (Gmt+09:00)
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Artificial intelligenceUpstage to create interactive chatbot for virtual idols
South Korea’s artificial intelligence (AI) startup Upstage announced on Thursday that it has signed a memorandum of unders...
Sep 21, 2023 (Gmt+09:00)
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AutomobilesHyundai, Kia to offer wireless support for Google, Apple vehicle SW
South Korea's Hyundai Motor Co. and Kia Corp. announced on Thursday that they will support wireless connectivity for the vehicle...
Sep 21, 2023 (Gmt+09:00)
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RetailLotte Mall West Lake Hanoi: Litte Korea transplanted in Vietnam
HANOI – On a late summer day in Vo Chi Cong, Tay Ho district, a colossal commercial complex was packed with people wanting...
Sep 21, 2023 (Gmt+09:00)
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ConstructionHyundai E&C, Naver Cloud to develop futuristic healthy housing model
South Korea's Hyundai Engineering & Construction (E&C) on Thursday announced its signing of a deal with Naver Cloud on c...
Sep 21, 2023 (Gmt+09:00)
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Carbon neutralitySamsung SDI gets top int'l grade for zero-waste landfills
South Korea’s Samsung SDI Co. on Wednesday said all of its domestic business sites received the highest grade of Platinum ...
Sep 21, 2023 (Gmt+09:00)
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Shipping & ShipbuildingSamsung Heavy develops laser high-speed welding robot for LNG vessels
South Korea's Samsung Heavy Industries said on Thursday that it has developed the maritime sector's first laser high-speed weldi...
Sep 21, 2023 (Gmt+09:00)
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RegulationsBroadcom fined $14.3 mn in Korea over Samsung contract
Broadcom Inc. a US smartphone components maker, was slapped with a fine of 19.1 billion won ($14.3 million) in South Korea on Th...
Sep 21, 2023 (Gmt+09:00)
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Artificial intelligenceNaver’s 'Cue:' throws down the gauntlet to MS Bing Chat
Naver Corp., South Korea’s dominant web portal operator, on Wednesday launched a beta service of its new generative artifi...
Sep 21, 2023 (Gmt+09:00)
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Shipping & ShipbuildingWoori, HMM, KOBC to buy bulk carrier operator Polaris
South Korean bulk carrier operator Polaris Shipping Co. is poised to sell its entire stake at around 600 billion won ($447.5 mil...
Sep 21, 2023 (Gmt+09:00)
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Tech, Media & TelecomLG CNS, IGIS to collaborate in new biz for digital transformation
South Korea's information and communications technology service provider LG CNS on Wednesday said it will cooperate with the Seo...
Sep 21, 2023 (Gmt+09:00)
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ElectronicsSamsung tops US customer satisfaction in PC sector
Samsung Electronics Co. has been rated as the most satisfactory PC brand among US consumers, according to a survey by the Americ...
Sep 21, 2023 (Gmt+09:00)
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ConstructionHyundai Engineering develops cutting-edge sewage treatment tech
South Korea's Hyundai Engineering Co., an engineering solutions provider for plants, architecture, infrastructure and asset mana...
Sep 21, 2023 (Gmt+09:00)
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Electric vehiclesKia releases EV model of compact car Ray
Kia Corp., South Korea’s No. 2 automaker, on Thursday announced the launch of its newest electric vehicle (EV), The Kia Ra...
Sep 21, 2023 (Gmt+09:00)