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BatteriesSK On to sell $360 mn in perpetual bonds amid tough EV market
SK On Co., the world’s fifth-largest electric vehicle battery maker, plans to sell 500 billion won ($359.6 million) in its...
Jun 25, 2024 (Gmt+09:00)
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Korean startupsSK Innovation-backed Marine Innovation looks to enter US green market
Marine Innovation Co., a South Korean eco-friendly social venture company sponsored by the country’s top energy firm SK In...
Jun 25, 2024 (Gmt+09:00)
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Corporate restructuringSK Inc. in talks to sell Pharmteco’s US CDMO plant to Novo Nordisk
SK Inc., the holding and investment company of SK Group, South Korea’s second-largest conglomerate, is negotiating to sell...
Jun 25, 2024 (Gmt+09:00)
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MarketsKorea's bet on US assets up on bull stocks, EV incentives
South Korea’s financial assets in the US hit a record high last year due to the US stock market rally and Korean companies...
Jun 25, 2024 (Gmt+09:00)
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AutomobilesHyundai Mobis files 3,000 patents for future car techs over 3 years
Hyundai Mobis, the world’s sixth-largest auto parts maker, announced on Tuesday that it published the Sustainability Repor...
Jun 25, 2024 (Gmt+09:00)
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Aerospace & DefenseKAI inks $1.4 bn supersonic fighter jet mass production deal
Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, said on Tuesday it signed a 2 tr...
Jun 25, 2024 (Gmt+09:00)
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Corporate governanceWoori adopts Samsung culture index for internal controls
Woori Financial Group has adopted Samsung Electronics Co.'s Samsung Culture Index (SCI) to tighten its internal controls, which ...
Jun 25, 2024 (Gmt+09:00)
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Shipping & ShipbuildingHD Hyundai gets global ship cyber security certifications
South Korea's HD Hyundai Co. announced on Tuesday that it obtained Approval In Principle (AiP) for its ship cyber security techn...
Jun 25, 2024 (Gmt+09:00)
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SteelHyundai Steel builds global sales network of low-carbon steel
South Korea’s Hyundai Steel Co. announced on Tuesday that it signed a memorandum of understanding (MOU) with European cust...
Jun 25, 2024 (Gmt+09:00)
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Artificial intelligenceLG Uplus launches generative AI ixi-GEN
South Korean major mobile carrier LG Uplus Corp. officially launched its generative artificial intelligence model ixi-GEN on Tue...
Jun 25, 2024 (Gmt+09:00)
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Corporate bondsHanwha Life Financial Services gets A+ credit rating
South Korea's Hanwha Life Financial Services said on Tuesday it received an A+ (Stable) credit rating from Korea Ratings, beco...
Jun 25, 2024 (Gmt+09:00)
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Corporate bondsEV battery maker LG Energy eyes $2 bn global bond sale
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery maker, is poised to raise $2 billion in global...
Jun 25, 2024 (Gmt+09:00)
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Corporate bondsDoosan emerges as darling in Korea’s BBB bond market
Doosan Co. is poised to raise up to 80 billion won ($58 million) in bond sales this week following its credit rating upgrade as ...
Jun 25, 2024 (Gmt+09:00)
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Banking & FinanceMirae Asset's US dividend premium fund surpasses $72 mn in net assets
South Korea's Mirae Asset Global Investments Co. announced on Tuesday that the net assets of its Mirae Asset US Dividend Premium...
Jun 25, 2024 (Gmt+09:00)
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Korean chipmakersSamsung Electronics builds Red Hat-certified CXL infrastructure
Samsung Electronics Co. has set up the industry’s first Compute Express Link (CXL) infrastructure, certified by Red Hat In...
Jun 25, 2024 (Gmt+09:00)
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Bio & PharmaJLK gets FDA OK for prostate cancer diagnosis AI solution
South Korea’s JLK Inc., an AI-based diagnosis solution and platform maker, announced on Monday that it got approval from t...
Jun 25, 2024 (Gmt+09:00)