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Foreign exchangeS.Korea, Japan to resume bilateral currency swap for dollars
South Korea and Japan are set to revive their bilateral currency swap line to bolster their dollar liquidity this week after an ...
Jun 28, 2023 (Gmt+09:00)
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Tech, Media & TelecomLG Group seeks new partners in Silicon Valley’s startup scene
South Korea’s LG Group seeks new partnerships with global ventures to strengthen its new growth engines, such as batteries...
Jun 28, 2023 (Gmt+09:00)
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MetaverseKakao Healthcare to build metaverse healthcare platform
Kakao Healthcare, a digital healthcare platform unit of South Korea's Kakao, announced on Wednesday that it has been selected ...
Jun 28, 2023 (Gmt+09:00)
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Mergers & AcquisitionsArkema buys S.Korea's PI Advanced for about $800 mn
Arkema, a French specialty materials producer, on Wednesday signed an agreement to purchase a 54.07% stake in South Korea’...
Jun 28, 2023 (Gmt+09:00)
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North KoreaUS to send Its biggest sub to Korean Peninsula in message to North and South
SEOUL—The U.S. plans to send its largest nuclear-armed submarine to South Korea for the first time in four decades, in an ...
Jun 28, 2023 (Gmt+09:00)
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Leadership & ManagementPOSCO’s Choi traverses Canada, US to pitch for battery material projects
Choi Jeong-woo, chairman of South Korea’s largest steel group POSCO, is crisscrossing Canada and the US to meet with polit...
Jun 28, 2023 (Gmt+09:00)
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Travel & LeisureInterpark Triple sees surge in sales of Japan tours, activities
Sales of Japan tour and activity products to South Korean travelers have surged in recent weeks, driven by an increase in the nu...
Jun 28, 2023 (Gmt+09:00)
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EnergyDoosan inks $214 mn deal for Korea combined cycle power plant
Major South Korean power plant builder Doosan Enerbility Co. won a 280 billion won ($214.5 million) deal to supply key compone...
Jun 28, 2023 (Gmt+09:00)
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Bio & PharmaSK Plasma to supply $30 mn in blood products to Singapore
South Korea's SK Plasma on Wednesday announced the launch of full-scale production this month of the blood products albumin and ...
Jun 28, 2023 (Gmt+09:00)
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Korean chipmakersSamsung on smooth track to 1.4 nm foundry tech to take on TSMC
SILICON VALLEY – Samsung Electronics Co., the world’s largest memory chipmaker, on Tuesday unveiled details of...
Jun 28, 2023 (Gmt+09:00)
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ElectronicsLG Electronics launches TV-specific camera LG Smart Cam
LG Electronics Inc. announced on Wednesday that it has released a TV-specific camera, LG Smart Cam.LG Smart Cam supports full HD...
Jun 28, 2023 (Gmt+09:00)
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AutomobilesEVs lack luster in S.Korea’s secondhand car market
Electric vehicles suffered sharper price falls in South Korea’s secondhand car market this year, compared with combustion ...
Jun 28, 2023 (Gmt+09:00)
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LogisticsCJ Logistics to build logistics centers in US with $416 mn investment
CJ Logistics Corp. and Korea Ocean Business Corporation (KOBC) will together build three logistics centers in the US with an est...
Jun 28, 2023 (Gmt+09:00)
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Business & PoliticsKOTRA hosts ESG cooperation project in Baubau, Indonesia
Korea Trade-Investment Promotion Agency (KOTRA) announced on Wednesday that it conducts an "Environmental, Social and Governance...
Jun 28, 2023 (Gmt+09:00)
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Korean foodInnocean opens K-ramen pop-up store in Bangkok
Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Wednesday that it has opened a South Korean ramen po...
Jun 28, 2023 (Gmt+09:00)
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Artificial intelligenceKT to build hyperscale AI cloud infrastructure
South Korea has paved the way to use artificial intelligence (AI) semiconductors based on neural processing units (NPU) on cloud...
Jun 28, 2023 (Gmt+09:00)
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LogisticsHMM opens Indian-Mediterranean container route
South Korea’s HMM Co. has opened a container route to India and the Mediterranean. In addition to serving the US a...
Jun 28, 2023 (Gmt+09:00)
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Business & PoliticsAirplane hangar built in Heart of S.America by KOICA
The South Korean government's support for Paraguay, dubbed the "Heart of South America," to become an aviation maintenance hub i...
Jun 28, 2023 (Gmt+09:00)
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Tech, Media & TelecomHancom, POSCO DX pursue robotic process automation solutions
South Korea’s office suite software maker Hancom and engineering and information and communications technology service pro...
Jun 28, 2023 (Gmt+09:00)
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Tech, Media & TelecomLG CNS develops AI coding solution based on ChatGPT
LG CNS, the information technology service arm of LG Group, announced on Wednesday that it has developed an artificial intellige...
Jun 28, 2023 (Gmt+09:00)
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AutomobilesHyundai, Kia invest extra $1.5 mn in automotive chip startup
Hyundai Motor Co. and Kia Corp. announced on Wednesday that they have invested extra 2 billion won ($1.54 million) in BOS Semico...
Jun 28, 2023 (Gmt+09:00)