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Travel & LeisureAsiana Airlines resumes Incheon-Changsha flights after 3 years
After a hiatus of over three years due to the impact of COVID-19, the flight route between Incheon, South Korea, and Changsha, H...
Apr 25, 2023 (Gmt+09:00)
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Business & PoliticsS.Korean gov’t to export domestic tax service system abroad
South Korea's National Tax Service (NTS) is looking to export its world-renowned electronic tax administration system after succ...
Apr 25, 2023 (Gmt+09:00)
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Bio & PharmaBionote, Covetrus sign distribution agreement diagnostic products for animals
BioNote, South Korean developer of diagnostic reagents for animals, announced on Tuesday that it has signed a supply contract wi...
Apr 25, 2023 (Gmt+09:00)
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BlockchainWeMade signs MOU with Ministry of Investment Saudi Arabia
South Korea's game publisher WeMade Co. announced on Tuesday that it has signed a memorandum of understanding (MOU) with the Min...
Apr 25, 2023 (Gmt+09:00)
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Korean stock marketPonzi scheme suspected behind SocGen-triggered Korean stock havoc
The South Korean financial authorities will investigate whether unfair trading practices are behind leverage trading after massi...
Apr 25, 2023 (Gmt+09:00)
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Business & PoliticsPOSCO beats Lotte to join S.Korea’s top 5 conglomerates
Steel giant POSCO has joined the ranks of South Korea’s top five conglomerates for the first time, supported by strong ear...
Apr 25, 2023 (Gmt+09:00)
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Bio & PharmaCG Bio establishes US corporation to develop tissue products
South Korean bio-regenerative medical firm CG Bio has launched a new US corporation CG MedTech, to focus on the development and ...
Apr 25, 2023 (Gmt+09:00)
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Aerospace & DefenseS.Korea-US to deepen aerospace ties through NASA's Artemis
South Korea and the US are set to deepen their partnership in the aerospace sector through the Artemis program, a human and robo...
Apr 25, 2023 (Gmt+09:00)
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Pre-IPOsKKR mulls investing $150 mn in Korean fashion platform Musinsa
Musinsa Co., South Korea’s leading online fashion platform, is in the final stage of attracting 200 billion won ($149.8 mi...
Apr 25, 2023 (Gmt+09:00)
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EconomyS.Korea's BSI under 100 for 12th straight month
The economic outlook of South Korean manufacturing and non-manufacturing sectors is negative for May, marking the 12th consecu...
Apr 25, 2023 (Gmt+09:00)
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SteelPOSCO to supply steel to Samsung Electronics under long-term contract
POSCO Holdings Inc., the parent of South Korea’s top steelmaker, will supply steel to Samsung Electronics Co. under a long...
Apr 25, 2023 (Gmt+09:00)
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ElectronicsSamsung, MS open Gaming Hubs in London, New York
Samsung Electronics Co. has partnered with Microsoft to launch gaming hubs in the heart of London and New York. The two companie...
Apr 25, 2023 (Gmt+09:00)
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Food & BeverageS.Korean foodservice companies’ entering to US expanded in 2022
South Korean foodservice companies expanded their presence in the US and Japan, while facing declining prospects in China due to...
Apr 25, 2023 (Gmt+09:00)
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BatteriesLGES to build pouch-type long-cell battery mother factory at $449 mn
LG Energy Solution Ltd. will add a new mother factory to its Ochang manufacturing complex, as part of its plan to turn the home ...
Apr 25, 2023 (Gmt+09:00)
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EarningsHyundai Motor to pay quarterly dividends with record Q1 profit
Hyundai Motor Co. on Tuesday reported its largest-ever quarterly profit, which soared a whopping 86.3% from a year earlier, whil...
Apr 25, 2023 (Gmt+09:00)
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EconomyKorea avoids recession on strong consumption; outlook still tough
South Korea averted a recession as Asia’s fourth-largest economy rebounded more than expected in the first quarter on stro...
Apr 25, 2023 (Gmt+09:00)
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Aerospace & DefenseHanwha Aerospace invests in Israeli startup with anti-jamming tech
South Korea's Hanwha Aerospace Co. has invested in an Israeli start-up possessing anti-jamming technology to prevent interferenc...
Apr 25, 2023 (Gmt+09:00)
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EarningsKorean auto parts makers’ earnings ride on electrification push
South Korea’s major automotive parts makers are expected to post decent growth in their first-quarter sales and earnings o...
Apr 25, 2023 (Gmt+09:00)
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EarningsS.Korea’s Woori Financial profit up on interest rate margins
Woori Financial Group, South Korea’s fourth-largest financial holding company, logged growth in a quarterly net profit as ...
Apr 25, 2023 (Gmt+09:00)
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Content platformsNetflix to inject $2.5 bn in Korean drama series, movies over next 4 years
WASHINGTON, D.C. – US streaming giant Netflix is slated to invest $2.5 billion in South Korea over the next four yea...
Apr 25, 2023 (Gmt+09:00)
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Shipping & ShipbuildingS.Korea launches foreign worker quota exclusively for shipbuilding sector
South Korea will set a separate quota of 5,000 foreign workers to solve the labor shortage in domestic shipbuilding and accept 1...
Apr 25, 2023 (Gmt+09:00)
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RoboticsHyundai Wia commercializes autonomous logistics robots
Hyundai Wia, the second-largest auto parts supplier in South Korea after Hyundai Mobis, announced on Tuesday that it will begin ...
Apr 25, 2023 (Gmt+09:00)
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FintechWebcash launches AI accounting solution Wabooks in Vietnam
South Korea's Webcash Co. Group announced on Tuesday that it recently launched Wabooks, a Vietnamese version of the AI-powered...
Apr 25, 2023 (Gmt+09:00)
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AirlinesNumber of travelers on S.Korea's LCCs jumped 104-fold in Q1
Demand for overseas flights in South Korea has exploded since the resumption of air travel operations amid the substantial easin...
Apr 25, 2023 (Gmt+09:00)
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Artificial intelligenceUpstage beats Amazon, Nvidia to rank first in global AI competition
South Korea’s artificial intelligence startup Upstage on Monday said it ranked first in four categories at the Internation...
Apr 25, 2023 (Gmt+09:00)
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Korean stock marketS-Oil’s price target falls on worsening refining margin
Yuanta Securities Korea lowered its target price for S-Oil Corp. to 100,000 won ($75) from 110,000 won on Tuesday, saying the oi...
Apr 25, 2023 (Gmt+09:00)