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ASK 2023Prepare for long-term, illiquid asset management: Korean investors
South Korean institutional investors said they are preparing for prolonged high interest rates and market uncertainty, building ...
Oct 26, 2023 (Gmt+09:00)
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Leadership & ManagementKorean garment maker Hansae targets growth amid economic woes
HO CHI MINH CITY – South Korean garment maker Hansae Co. expects to see decent growth in sales and profits next year despi...
Oct 26, 2023 (Gmt+09:00)
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Korean SMEsNeo Chair cements No. 1 spot as office chair brand on Amazon
Neo Chair, almost unheard of in its home country South Korea, is the top-selling office chair brand on Amazon, the world's large...
Oct 26, 2023 (Gmt+09:00)
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Chemical IndustrySK Geo Centric to supply recycled plastic materials to Amcor
SK Geo Centric Co., a South Korean petrochemical company, announced on Thursday it has entered into an agreement to supply recyc...
Oct 26, 2023 (Gmt+09:00)
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Tech, Media & TelecomLG Elec to launch new business with startup: LG NOVA head
SAN FRANCISCO – LG Electronics Inc. will set up a new business entity focusing on some of its new growth pillars — d...
Oct 26, 2023 (Gmt+09:00)
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Corporate bondsNaver succeeds in issuing $133 mn Samurai bonds
South Korea's Naver Corp. announced on Thursday it successfully issued Samurai bonds, becoming the first global IT company to ...
Oct 26, 2023 (Gmt+09:00)
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EarningsHyundai’s record Q3 profit beats Samsung; no EV output cut planned
Hyundai Motor Co. on Thursday posted its highest-ever quarterly operating profit for the July-September period, driven by robust...
Oct 26, 2023 (Gmt+09:00)
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Beauty & CosmeticsS.Korea’s ModaModa unveils new hair darkening shampoo
South Korean haircare brand ModaModa launched its second-generation hair darkening shampoo "ModaModa Zero Gray Black Shampoo" on...
Oct 26, 2023 (Gmt+09:00)
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Travel & LeisureS.Korea releases winter schedule for weekly int’l flights
South Korea will expand its number of weekly flights this winter to Japan and Southeast Asia, two regions expected to have high ...
Oct 26, 2023 (Gmt+09:00)
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Pension fundsKorea’s Teachers’ Pension names SK Securities VP as CIO
South Korea’s Teachers’ Pension has named Jeon Bum-sik, a vice president at SK Securities Co. with three decades of ...
Oct 26, 2023 (Gmt+09:00)
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Private debtWhole loans offer funding solution for stretched borrowers: Savills IM
Despite the challenging economic environment, there are still plenty of opportunities for profit in commercial real estate, no...
Oct 26, 2023 (Gmt+09:00)
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Business & PoliticsRussia Pushes Security Talks With North Korea, China
SEOUL—Russia said it supports holding regular security talks with North Korea and China to address the threat posed by the...
Oct 26, 2023 (Gmt+09:00)
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Korean foodLotte Wellfood promotes Pepero Day in New York
South Korea's Lotte Wellfood Co. announced on Thursday it has started the global campaign for Pepero in the US, the company's ic...
Oct 26, 2023 (Gmt+09:00)
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ASK 2023POBA to increase long-term private credit investments
South Korea’s Public Officials Benefit Association (POBA) will step up its private credit and bonds until next year as it ...
Oct 26, 2023 (Gmt+09:00)
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EconomyS.Korea’s Q3 GDP up 0.6% on-quarter on recovery in exports
South Korea’s economy in the third quarter grew 0.6% from the previous quarter, extending a growth streak to three consecu...
Oct 26, 2023 (Gmt+09:00)
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Korean startupsS.Korea’s startups see Sept. investment surge 85%
South Korea’s startups last month saw investment rise for the first time this year.The Seoul-based Startup Alliance, a pri...
Oct 26, 2023 (Gmt+09:00)
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EarningsSK Hynix logs Q3 losses; to ship LPDDR5T to Qualcomm
SK Hynix Inc., the world’s No. 2 memory chipmaker, on Thursday reported its fourth straight quarterly loss, but narrowed t...
Oct 26, 2023 (Gmt+09:00)
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Artificial intelligenceLunit joins Saudi gov't healthcare sandbox
South Korea's medical AI company Lunit has joined the Saudi Arabian government's Healthcare Sandbox initiative, a move to advanc...
Oct 26, 2023 (Gmt+09:00)
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Waste managementLG Chem to manufacture flooring from waste PET bottles
South Korea's LG Chem Ltd. revealed on Thursday its plan to produce an eco-friendly plasticizer derived from discarded polyethyl...
Oct 26, 2023 (Gmt+09:00)
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Bio & PharmaNKMax to perform first tests on dementia cell therapy in US
NKMax Co., South Korea's largest developer of natural killer (NK) cell therapies, will conduct its first clinical trials in the ...
Oct 26, 2023 (Gmt+09:00)
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Shipping & ShipbuildingSK Enmove, Hanwha Aerospace to develop ESS for vessels
South Korea’s lubricating oil maker SK Enmove Co. and defense industry company Hanwha Aerospace Co. will jointly develop...
Oct 26, 2023 (Gmt+09:00)