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AirlinesRace for Asiana's cargo unit heats up among local bidders
The proposed merger of South Korea’s two largest carriers, Korean Air Lines Co. and Asiana Airlines Inc., is intensifying ...
Feb 28, 2024 (Gmt+09:00)
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Venture capitalMubadala ties up with Korea’s Woori for global investments
Mubadala Investment Co., Abu Dhabi’s sovereign wealth fund, has joined hands with Woori Financial Group, South Korea&rsquo...
Feb 28, 2024 (Gmt+09:00)
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Bio & PharmaGC Biopharma aims to boost Alyglo sales sixfold in the US
CHEONGJU, North Chungcheong Province -- South Korea’s major pharmaceutical company GC Biopharma Corp. aims to raise the sa...
Feb 28, 2024 (Gmt+09:00)
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Pension fundsNPS logs record return rate in 2023 on stocks’ bull run
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, posted a 13.59% annualized ret...
Feb 28, 2024 (Gmt+09:00)
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Korean chipmakersSamsung flexes NAND muscle with high-capacity microSD cards
Samsung Electronics Co. on Wednesday unveiled two new microSD cards boasting high performance and capacity usually found in soli...
Feb 28, 2024 (Gmt+09:00)
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EconomyS.Korea’s fertility rate hits new world-record low in 2023
Trapped in a downward spiral, South Korea saw the country’s total fertility rate hit a new record low of 0.72, also again ...
Feb 28, 2024 (Gmt+09:00)
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AutomobilesHyundai Motor unveils 2024 Staria Hybrid
Hyundai Motor Co. announced on Wednesday that it will begin pre-orders for the upcoming Staria Hybrid model and the 2024 Stari...
Feb 28, 2024 (Gmt+09:00)
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Private equityNH Investment launches $150 mn real estate fund
South Korea’s NH Investment & Securities Co. said on Wednesday it has launched a 200 billion won ($150 million) real e...
Feb 28, 2024 (Gmt+09:00)
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Korean gamesDevSisters, Krafton sign Cookie Run India publishing deal
South Korean game developer DevSisters Corp. announced on Wednesday that it has signed a publishing agreement in India for the m...
Feb 28, 2024 (Gmt+09:00)
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ElectronicsSamsung Bespoke AI Combo sells 1,000 units in three days
Samsung Electronics Co. 's the Bespoke AI Washer & Dryer Combo surpassed 1,000 units sold in three days, Feb. 24 to 26. &n...
Feb 28, 2024 (Gmt+09:00)
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Food & BeverageTous Les Jours exceeds 60 stores in Indonesia
CJ Foodville, the food subsidiary of South Korea's CJ Group, announced on Wednesday that its bakery chain brand Tous Les Jours...
Feb 28, 2024 (Gmt+09:00)
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FashionS.Korea’s fashion brand Time to debut at Paris Fashion Week
Time, South Korea’s best-selling women’s fashion brand which is owned by Handsome Corp., will participate in Paris...
Feb 28, 2024 (Gmt+09:00)
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EarningsSoftBank-backed Coupang posts 1st-ever annual profit in 2023
South Korea’s leading e-commerce platform Coupang Inc. on Wednesday posted its first-ever operating profit of $473 million...
Feb 28, 2024 (Gmt+09:00)
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Chemical IndustryKolon Industries, SK Microworks to set up industrial film JV
South Korea’s major chemical materials producer Kolon Industries Inc. will team up with SK Microworks Co. to regain ground...
Feb 28, 2024 (Gmt+09:00)
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Chemical IndustrySK Enmove, UK’s Iceotope to develop coolant for SK Telecom’s data center
South Korea’s lube oil maker SK Enmove Co. has partnered with UK-based precision liquid cooling system specialist Iceotope...
Feb 28, 2024 (Gmt+09:00)