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Corporate bondsLG Energy’s 1st bond issue draws record $3.6 bn in bids
LG Energy Solution Ltd.'s first bond issue was 10 times oversubscribed on Thursday, drawing a record 4.7 trillion won ($3.6 bill...
Jun 22, 2023 (Gmt+09:00)
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Private equityKorea’s SK Square sells off entire stake in Grab as shares tumble
SK Square Co., the intermediate holding company of South Korea’s SK Group, has liquidated Grab Geo Holdings, a joint ventu...
Jun 22, 2023 (Gmt+09:00)
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FashionNike to open its 3rd Jordan World of Flight store in Seoul
Nike Inc. is set to open its Jordan World of Flight in Seoul, a store dedicated to Jordan brand streetwear and sports shoes, on ...
Jun 22, 2023 (Gmt+09:00)
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Hydrogen economyPOSCO-led consortium signs 47-yr Oman green hydrogen project
A consortium led by POSCO Holdings Inc. and Samsung Engineering Co. has signed a 47-year contract with Oman worth an estimated $...
Jun 22, 2023 (Gmt+09:00)
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Bio & PharmaKakao Healthcare ties up with Dexcom for global diabetes biz
South Korea’s Kakao Healthcare Corp. has taken a step forward to expand its business into the global market by collaborati...
Jun 22, 2023 (Gmt+09:00)
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EconomyUS beats China to become S.Korea’s No.1 export destination in 2022
South Korea last year exported most to the US thanks to brisk sales of the country’s cars in the world’s No. 1 econo...
Jun 22, 2023 (Gmt+09:00)
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Korean chipmakersIntel’s foundry revamp sets off alarm bells for Samsung, TSMC
Intel Corp.’s announcement to restructure its manufacturing business to become a leading foundry player is setting the sta...
Jun 22, 2023 (Gmt+09:00)
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Business & PoliticsSK supports memorial monument honoring Korean War figures
South Korea's SK Group announced on Thursday its support for the construction of a memorial monument honoring the late Colonel W...
Jun 22, 2023 (Gmt+09:00)
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MetaverseStartup Spatial looks to become YouTube in metaverse
Metaverse platform startup Spatial aims to grow into a company that allows users to enjoy interactive content together, as COVID...
Jun 22, 2023 (Gmt+09:00)
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Construction & PlanningKorean-style smart city to be introduced in Ukraine's Uman
The South Korean government has decided to support the development of a smart city in Uman located in central Ukraine. The Minis...
Jun 22, 2023 (Gmt+09:00)
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AutomobilesHyundai Motor partners with Japanese culture content firm for EV sales
South Korean automaker Hyundai Motor Co. and Japanese lifestyle content company Culture Convenience Club (CCC) on Thursday annou...
Jun 22, 2023 (Gmt+09:00)
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Shipping & ShipbuildingHD Hyundai showcases its future green vessel tech in Vietnam
South Korea's HD Hyundai Co. on Thursday said its CEO Chung Ki-sun visited the affiliate Hyundai Vietnam Shipbuilding in the cen...
Jun 22, 2023 (Gmt+09:00)
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Korean gamesS.Korean MMORPG 'Lost Ark' to launch in Chinese market
"Lost Ark," the popular South Korean MMORPG developed by Smilegate RPG, is set to make its debut in the Chinese gaming market ne...
Jun 22, 2023 (Gmt+09:00)
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EnergyHanwha Impact develops 50% hydrogen gas turbine technology
The Ministry of Trade, Industry and Energy announced on Wednesday that Hanwha Impact Corporation, a South Korean petrochemical m...
Jun 22, 2023 (Gmt+09:00)
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Business & PoliticsS.Korea attracts investment of $940 mn from 6 European companies
South Korea has attracted investment worth $940 million from six high-tech European companies to build factories and R&D cen...
Jun 22, 2023 (Gmt+09:00)
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Aerospace & DefenseHanwha Systems, Leonardo collaborate on developing AESA radar
Hanwha Systems Co., a South Korean defense contractor, has joined forces with Leonardo SpA, a leading European defense company, ...
Jun 22, 2023 (Gmt+09:00)
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Korean foodBread mimicking S.Korean penny embroiled in design theft controversy
The Bank of Korea (BOK) has announced that it is in talks with companies to change the design of the “Gyeongju 10 won brea...
Jun 22, 2023 (Gmt+09:00)
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Private debtPrivate real estate debt shines on banks' financing gaps: Savills
More global investors are turning to the private debt market as bank loans are getting tougher under stricter lending regulation...
Jun 22, 2023 (Gmt+09:00)
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Regulations3rd-gen. corporate succession in S.Korea slashes stake from 100% to 16%
South Korea's business sector is urging reform of the domestic inheritance tax system to alleviate problems in corporate success...
Jun 22, 2023 (Gmt+09:00)
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Korean startupsS.Korea has just 1.2% of world's corporate unicorns: study
Among 10 major economies worldwide, South Korea's global share of unicorn companies, or startups with a corporate value of over ...
Jun 22, 2023 (Gmt+09:00)