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Mergers & AcquisitionsKorean Air may give up Asiana’s cargo business, 4 routes for EU approval
Korean Air Lines Co. may give up the cargo business of Asiana Airlines Inc. and four of its lucrative routes in Europe in an all...
Sep 25, 2023 (Gmt+09:00)
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Carbon neutralityNet-zero by 2050 will hit S.Korea’s economic growth: BOK
The net zero emission target by 2050 is forecast to lower South Korea’s economic growth rate by an average of 0.6 percen...
Sep 25, 2023 (Gmt+09:00)
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Korean foodInstant noodles, rice, kimchi buoy Korean food exports
South Korea’s agricultural and food exports have turned upward this year, led by Koreans' everyday menu items such as rice...
Sep 25, 2023 (Gmt+09:00)
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RegulationsS.Korea to extend forex trading hours from Oct. 4 to lure foreign dealers
South Korea will extend the operating hours of the domestic foreign exchange market from next month, allowing foreign currency d...
Sep 25, 2023 (Gmt+09:00)
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CryptocurrenciesCom2uS XPLA listed on S.Korea's crypto exchange Gopax
South Korea's Com2uS Holdings Corp. announced on Monday that the cryptocurrency called XPLA used in the Com2uS Group's blockch...
Sep 25, 2023 (Gmt+09:00)
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Bio & PharmaCelltrion signs largest-ever quarterly deal with global sales affiliate
Celltrion Inc., a South Korean biopharmaceutical giant, said Monday it will provide biosimilars worth 423.6 billion won ($323.6 ...
Sep 25, 2023 (Gmt+09:00)
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Bio & PharmaDaewon Pharma to export $3 mn worth of Pelubi to Indonesia
South Korea's Daewon Pharmaceutical Co. will export its nonsteroidal anti-inflammatory drug (NSAID) Pelubi to the Indonesian mar...
Sep 25, 2023 (Gmt+09:00)
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Business & PoliticsS.Korea to expand quota of foreign skilled workers to 35,000
The South Korean Ministry of Justice announced on Monday that it will expand the quota of foreign skilled workers from the curre...
Sep 25, 2023 (Gmt+09:00)
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ElectronicsLG Elec takes on Lenovo, Asus in foldable laptop race
LG Electronics Inc. will join the race to lead the emerging foldable laptop market, currently led by foreign notebook majors Len...
Sep 25, 2023 (Gmt+09:00)
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Artificial intelligenceRebellions teams up with IBM for ATOM AI chip quality test
Rebellions Inc., a South Korean artificial intelligence chip design startup, said on Monday it has forged a partnership with US ...
Sep 25, 2023 (Gmt+09:00)
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Culture & TrendsAre virtual idols the next big thing in K-content?
South Korea's booming virtual idol sector, which combines K-pop content and technology, is fueling interest on the enter-tech (e...
Sep 25, 2023 (Gmt+09:00)
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Bio & PharmaCJ CheilJedang searches for global bio talent in Boston
South Korean food and bio giant CJ CheilJedang Corp. on Monday said its Chief Technology Officer Hwang Yun-il, CJ CheilJedang BI...
Sep 25, 2023 (Gmt+09:00)
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RetailNHN Commerce to collaborate with China's Shanhai Digital
NHN Commerce, South Korea's major online company NHN Corp.'s online shopping platform, announced its strategic business agreemen...
Sep 25, 2023 (Gmt+09:00)
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MachineryDaedong targets hobby farmers to double US market share
South Korea’s No. 1 agricultural machinery maker Daedong Corp., better known by the brand name Kioti in the US, is targeti...
Sep 25, 2023 (Gmt+09:00)
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Chemical IndustrySKC plans world’s largest biodegradable plastic plant in Vietnam
South Korea’s SKC Ltd., secured an investment registration certificate (IRC) to establish the world’s largest biod...
Sep 25, 2023 (Gmt+09:00)
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EnergyS.Korea’s SK Earthon starts oil production in South China
SK Earthon Co., the resources development subsidiary of South Korea’s top energy company SK Innovation Co., began crude pr...
Sep 25, 2023 (Gmt+09:00)
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BatteriesLG Uplus, Hanwha unveil ceiling-mounted EV charging system
South Korea's LG Uplus Corp. and Hanwha Corporation/E&C, a construction unit of Hanwha Corp., announced on Monday that the d...
Sep 25, 2023 (Gmt+09:00)
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Aerospace & DefenseSK Telecom to commercialize UAM with American partner
South Korea's SK Telecom Co. will launch domestic commercial operations in urban air mobility (UAM) with Joby Aviation, a Sant...
Sep 25, 2023 (Gmt+09:00)
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EnergyUS OKs Chinese-made solar modules using materials of S.Korea's OCI
The US has approved the import of Chinese-made solar panels using polysilicon from South Korea's green and energy company OCI Ho...
Sep 25, 2023 (Gmt+09:00)