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EarningsKia eyes rosier 2024 after record-high Q3; Hyundai Mobis’ OP up 32%
Kia Corp., South Korea’s No. 2 carmaker after Hyundai Motor Co., presented a brighter outlook for this year after posting ...
Oct 25, 2024 (Gmt+09:00)
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Corporate restructuringLotte to liquidate rubber JV in Malaysia, sell overseas assets for $1 bn
South Korea’s No. 2 petrochemical manufacturer Lotte Chemical Corp. plans to liquidate its rubber joint venture in Malaysi...
Oct 25, 2024 (Gmt+09:00)
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Banking & FinanceMirae Asset's IRP deposits surpasses $7.2 bn in 2024
South Korea's Mirae Asset Securities Co. said on Friday it became the first in the industry to surpass 10 trillion won ($7.2 bil...
Oct 25, 2024 (Gmt+09:00)
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Banking & FinanceMBK Partners named as Time World's Best Companies
South Korea's private equity firm MBK Partners Ltd. said on Friday it was selected in the "2024 World’s Best Companies" li...
Oct 25, 2024 (Gmt+09:00)
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Korean startupsNaver D2SF accelerates investments in Silicon Valley startups
South Korea's online giant Naver Corp.'s startup nurturing organization D2SF (D2 Startup Factory) said on Friday it started to d...
Oct 25, 2024 (Gmt+09:00)
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PetrochemicalsHD Hyundai Oilbank to fully own HD Hyundai Cosmo for $104 mn
Saudi Aramco-backed HD Hyundai Oilbank Co. will acquire a 50% stake in money-losing HD Hyundai Cosmo Petrochemical Co. from Japa...
Oct 25, 2024 (Gmt+09:00)
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Retail11Street to host grand shopping festival in November
South Korea’s e-commerce platform 11Street Co. will hold its annual Grand 11 shopping festival from November 1 to 11. Sin...
Oct 25, 2024 (Gmt+09:00)
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K-popBTS Jin previews new song ‘I’ll Be There' ahead of release of his solo album
BTS Jin released “I'll Be There,” a preview track from his first solo album, on Friday, his agency Big Hit Music ann...
Oct 25, 2024 (Gmt+09:00)
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Banking & FinanceKB Financial to use excess capital for share buybacks, dividends
KB Financial Group Inc., South Korea’s largest financial holding group, is set to use its excess capital for share buyback...
Oct 25, 2024 (Gmt+09:00)
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Beauty & CosmeticsCosmax, Fudan Univ. to team up for microbiome research
Cosmax Inc., South Korea's largest cosmetics original development and design manufacturer (ODM), said on Friday it signed a memo...
Oct 25, 2024 (Gmt+09:00)
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EarningsLG Electronics logs highest-ever Q3 revenue
LG Electronics Inc. posted its highest-ever sales in the third quarter this year because of the updated home appliances business...
Oct 25, 2024 (Gmt+09:00)
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Bio & PharmaViGenCell obtains approval for HLA-B5801 genetic diagnostic kit for adverse reactions to gout treatment
ViGenCell, a company specializing in immunotherapy, announced on Friday that it has obtained approval from the Ministry of Food ...
Oct 25, 2024 (Gmt+09:00)