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Leadership & ManagementMirae Asset promotes Indian unit head to vice chairman
Mirae Asset Financial Group, South Korea’s leading financial conglomerate, on Monday promoted Swarup Mohanty, the head of ...
Oct 23, 2023 (Gmt+09:00)
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RegulationsKorea’s antitrust body grants conditional OK to Broadcom-VMware deal
South Korea’s antitrust regulator on Monday granted conditional approval for US smartphone components maker Broadcom Inc.&...
Oct 23, 2023 (Gmt+09:00)
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BatteriesTesla supplier L&F to ink $15 bn materials deal in Europe
L&F Co., a South Korean electric vehicle battery materials supplier to Tesla Inc., is set to sell products in Europe through...
Oct 23, 2023 (Gmt+09:00)
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Chemical IndustryToray Advanced Materials to spur carbon fiber production in Korea
Toray Advanced Materials Korea Inc. (TAK) broke ground on its new facility for carbon fiber production in Gumi, North Gyeongsang...
Oct 23, 2023 (Gmt+09:00)
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Future mobilitySK Telecom, Mars Auto to advance self-driving large trucks
South Korea's SK Telecom Co. signed a memorandum of understanding (MOU) on Monday with the autonomous driving startup Mars Auto ...
Oct 23, 2023 (Gmt+09:00)
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Bio & PharmaCelltrion’s approved merger removes hurdle to three-way combination
South Korea’s biosimilar drugmaker Celltrion group on Monday moved one step closer to the planned combination of its three...
Oct 23, 2023 (Gmt+09:00)
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Hydrogen economyHanwha Aerospace, KATECH to collaborate on hydrogen fuel cell
South Korea's Hanwha Aerospace Co. announced on Monday it signed a memorandum of understanding (MOU) with the Korea Automotive T...
Oct 23, 2023 (Gmt+09:00)
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AutomobilesKG Mobility to supply automotive parts to Saudi SNAM
South Korea's KG Mobility Corp., formerly Ssangyong Motor Co., announced on Monday it signed a memorandum of understanding (MOU)...
Oct 23, 2023 (Gmt+09:00)
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RetailK-food, beauty franchise stores set for Laos foray
Laos’ largest private company Kolao Group has attracted about a dozen South Korean franchise operators to join its aggress...
Oct 23, 2023 (Gmt+09:00)
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EnergyDL E&C, Saudi SWCC team up for carbon neutrality
South Korea's DL E&C Co. announced on Monday it signed a memorandum of understanding (MOU) for the application of small modu...
Oct 23, 2023 (Gmt+09:00)
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EconomyKorea’s exports set to snap 12-month losing streak in October
South Korea may snap its 12-month-long losing streak in exports this month after it reported an on-year gain in exports in the f...
Oct 23, 2023 (Gmt+09:00)
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RoboticsHankook & Company to expand to robotics with Neubility
South Korea’s Hankook & Company Group, formerly Hankook Tire Group, is expanding to robotics to raise its future com...
Oct 23, 2023 (Gmt+09:00)
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Bio & PharmaCelltrion gets FDA approval for Remsima SC
South Korea's Celltrion Inc. announced on Monday it received a new drug approval for an autoimmune disease treatment Remsima SC ...
Oct 23, 2023 (Gmt+09:00)
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Food & BeverageParis Baguette to enter Middle Eastern halal market
Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Monday it has signed a memorandum of understand...
Oct 23, 2023 (Gmt+09:00)
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Carbon neutralityLotte, two SK Group units to join hands for carbon capture
Lotte Chemical Corp., SK Innovation Co. and SK IE Technology Co. (SK IET) have signed a memorandum of understanding (MOU) to mak...
Oct 23, 2023 (Gmt+09:00)
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AutomobilesHyundai Motor, PIF to invest $500 mn to build car plant in Saudi Arabia
RIYADH – Hyundai Motor Co. has agreed with the Public Investment Fund, Saudi Arabia’s sovereign fund, to set up a jo...
Oct 23, 2023 (Gmt+09:00)
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ASK 2023Alternative investment forum ASK 2023 to begin Oct. 25 in Seoul
Major institutional investors in South Korea and global asset managers will share their views on the world economy and asset all...
Oct 23, 2023 (Gmt+09:00)
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IPOsLS Materials seeks November listing in $60 mn IPO
LS Materials Co., a South Korean energy storage devices maker, on Monday submitted a securities report to the Korea Exchange for...
Oct 23, 2023 (Gmt+09:00)
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Bio & PharmaCurocell to localize blood cancer drug by 2025
South Korean biotech company Curocell Inc. on Sunday said it will apply for approval from the Ministry of Food and Drug Safety i...
Oct 23, 2023 (Gmt+09:00)
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BatteriesSamsung SDI inks first battery supply deal with Hyundai
Samsung SDI Co. said on Monday it has signed its first supply agreement with Hyundai Motor Co. to become the South Korean carmak...
Oct 23, 2023 (Gmt+09:00)
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Food & BeverageCJ CheilJedang to export K-Street Foods
South Korean food company CJ CheilJedang Corp. ’s strategic product lineup K-Street Food will be launched in June next yea...
Oct 23, 2023 (Gmt+09:00)
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Artificial intelligenceSK Telecom, Deutsche Telekom to design LLM
SK Telecom Co. on Sunday said it will develop a large language model (LLM) specifically for the communications sector with Deuts...
Oct 23, 2023 (Gmt+09:00)