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InsuranceWoori to buy Dajia’s insurers in Korea for up to $2.2 bn
Woori Financial Group Inc., South Korea’s fourth-largest financial services holding company, is set to acquire China&rsquo...
Jun 26, 2024 (Gmt+09:00)
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Korean chipmakersSamsung seeks $3.6 billion in loans from KDB for chip investment
South Korean tech giant Samsung Electronics Co. seeks to borrow as much as 5 trillion won ($3.6 billion) from the state-run Kore...
Jun 26, 2024 (Gmt+09:00)
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SteelPOSCO gears up for carbon-free steelmaking with hydrogen
POHANG, North Gyeongsang Province – POSCO, the world’s seventh-largest steelmaker, is set to significantly reduce em...
Jun 26, 2024 (Gmt+09:00)
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Korean chipmakersKorea to inject $200 mn into semiconductor packaging R&D
South Korea will inject 274.4 billion won ($200 million) into a state-run R&D project for semiconductor packaging technology...
Jun 26, 2024 (Gmt+09:00)
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Beauty & CosmeticsAmazon to back K-Beauty’s broader global reach
US e-commerce juggernaut Amazon.com Inc. will offer South Korean cosmetics producers one-stop support to enable them to reach mi...
Jun 26, 2024 (Gmt+09:00)
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EnergyDoosan Enerbility, Meralco to collaborate on energy projects
South Korea's Doosan Enerbility Co. announced on Wednesday that executives from Manila Electric Company (Meralco), the largest p...
Jun 26, 2024 (Gmt+09:00)
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ElectronicsGalaxy Ring, new foldables set to steal the show at Samsung Unpacked Paris
Now it’s official. Samsung Electronics Co. is hosting its next Galaxy Unpacked summer event in Paris on July 10.Samsung pi...
Jun 26, 2024 (Gmt+09:00)
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MarketsKolmar Holdings to cancel $14.4 mn worth of its shares
South Korea's Kolmar Holdings Co. , Kolmar Group's holding company, announced on Wednesday that it will implement a value-up pro...
Jun 26, 2024 (Gmt+09:00)
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AirlinesJin Air earns Sustinvest ESG A grade
South Korea's low-cost carrier (LCC) Jin Air announced on Wednesday that it received an A in the Sustinvest ESG (Environmental, ...
Jun 26, 2024 (Gmt+09:00)
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ElectronicsSamsung Bespoke refrigerator sells 3 mn units in five years
Samsung Electronics Co. announced on Tuesday that the cumulative sales of its Bespoke refrigerator in the South Korean market ha...
Jun 26, 2024 (Gmt+09:00)
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BatteriesSK On signs MOU to secure US-sourced lithium from ExxonMobil
SK On Co. has inked an MOU with ExxonMobil Corp. to buy lithium extracted by the US oil giant from a salt well in the US state o...
Jun 26, 2024 (Gmt+09:00)
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AirlinesKorean Air named Skytrax world's top 100 airlines
Korean Air Lines Co. and Asiana Airlines Inc. have been selected for the 2024 World Airline Awards by UK-based aviation consulta...
Jun 26, 2024 (Gmt+09:00)
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Private equityKorean PE funds shrink in 2023 for first time in 7 years
South Korean private equity investments declined last year for the first time since 2016 due to interest rate hikes, high inflat...
Jun 26, 2024 (Gmt+09:00)
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Korean gamesTencent-backed Shift Up to raise up to $313 mn in IPO
Shift Up Corp., the South Korean game developer behind the global hit game “Goddess of Victory: Nikke,” could raise ...
Jun 26, 2024 (Gmt+09:00)
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Food & BeverageCJ CheilJedang opens Bibigo store on Amazon Germany
South Korea's CJ CheilJedang Corp. announced on Tuesday that it launched the Korean food (K-food) brand Bibigo's store on Amazon...
Jun 26, 2024 (Gmt+09:00)