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AirlinesMBK, Air Premia team up for Asiana’s cargo unit; Jeju Air exitsSouth Korea's low-cost carrier Air Premia Inc. has teamed up with North Asia-focused private equity firm MBK Partners to win Asi...
Apr 25, 2024 (Gmt+09:00)
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Short sellingKorea builds system to speed up naked short-selling banSouth Korea’s top financial regulator is set to build a centralized digital system to strengthen the prevention of naked s...
Apr 25, 2024 (Gmt+09:00)
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Electric vehiclesHyundai to produce hybrid cars at EV-only plant in US state of GeorgiaHyundai Motor Co., South Korea’s top automaker, plans to manufacture hybrid models at its electric vehicle and battery pla...
Apr 25, 2024 (Gmt+09:00)
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Aerospace & DefenseHanwha Aerospace, Poland sign $1.6 billion Chunmoo rocket launcher dealHanwha Aerospace Co., a leading South Korean defense company, on Thursday signed a $1.64 billion deal to supply 72 units of Chun...
Apr 25, 2024 (Gmt+09:00)
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IPOsMachine tool maker DN Solutions kicks off IPO processDN Solutions Co., the world’s third-largest machine tool maker, has kicked off the process of going public on the Korea Ex...
Apr 25, 2024 (Gmt+09:00)
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Electric vehiclesHyundai Motor ties up with CATL to reinvigorate China market with EVsBEIJING -- Hyundai Motor Co., South Korea’s top carmaker, has joined hands with Contemporary Amperex Technology Co. (CATL)...
Apr 25, 2024 (Gmt+09:00)
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EarningsHyundai Glovis expects better 2024 after beating market in Q1Hyundai Glovis Co. expects an improvement in earnings this year from last year after reporting better-than-expected sales and op...
Apr 25, 2024 (Gmt+09:00)
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Beauty & CosmeticsCJ Olive Young opens Hongdae Town for K-beauty experienceCJ Olive Young Corp., South Korea’s top beauty store chain, announced on Thursday that it will open Olive Young Hongdae To...
Apr 25, 2024 (Gmt+09:00)
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LogisticsLotte Global Logistics, Megvii to collaborate AI logisticsSouth Korea's Lotte Global Logistics announced on Thursday that it signed a memorandum of understanding (MOU) with Megvii Techno...
Apr 25, 2024 (Gmt+09:00)
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AutomobilesHyundai AutoEver gets CSMS Level 3 certificationSouth Korea's Hyundai AutoEver Corp. announced on Thursday that it obtained the international standard Cybersecurity Management ...
Apr 25, 2024 (Gmt+09:00)
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AutomobilesHyundai Motor's Chung visits India amid talks of Indian arm's IPOHyundai Motor Group Chairman and Chief Executive Chung Euisun visited the headquarters of the group’s Indian operations ea...
Apr 25, 2024 (Gmt+09:00)
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RetailKT&G faces $2 bn damages suit over heated tobacco inventionKT&G Corp., the world’s fifth-largest tobacco maker, is facing a $2 billion damages suit from a former employee who cl...
Apr 25, 2024 (Gmt+09:00)
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ElectronicsLG’s washers selected as best by Consumer ReportsLG Electronics Inc. swept the top three spots in the major categories of the US Consumer Reports Best Washing Machines of 2024 e...
Apr 25, 2024 (Gmt+09:00)
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Tech, Media & TelecomSamsung launches Galaxy C55 5G in ChinaSamsung Electronics Co. has launched the Galaxy C55 5G, a budget-friendly smartphone series designed specifically for the Chines...
Apr 25, 2024 (Gmt+09:00)
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EarningsSK Hynix, latest chipmaker to emerge victorious with record Q1 salesSK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Thursday it has swung to...
Apr 25, 2024 (Gmt+09:00)
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Artificial intelligenceSK Networks establishes AI lab in Silicon ValleySouth Korea's SK Networks Co. announced on Wednesday that it opened the PhnyX Lab, an artificial intelligence (AI) technology de...
Apr 25, 2024 (Gmt+09:00)