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Artificial intelligenceKorea’s SK Networks partners with Malaysia’s Sunway on AI
South Korean trading company SK Networks Co. has joined forces with Malaysian conglomerate Sunway Group to work together on futu...
Oct 30, 2024 (Gmt+09:00)
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EnergyHyundai Motor signs Korea’s largest renewable energy purchase deal
South Korea’s top automaker Hyundai Motor Co. said on Wednesday it has signed a deal to procure 610 gigawatt-hours (GWh) o...
Oct 30, 2024 (Gmt+09:00)
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Executive reshufflesShinsegae Group splits E-Mart, department store with executive reshuffles
South Korea’s retail giant Shinsegae Group on Wednesday carried out one of its most drastic executive reshuffles, official...
Oct 30, 2024 (Gmt+09:00)
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Banking & FinanceLotte Card launches long-term rental car card in Vietnam
South Korea's Lotte Card Co. launched a long-term car rental exclusive card in Vietnam to expand its presence in the local mar...
Oct 30, 2024 (Gmt+09:00)
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Rights offeringsKorea Zinc to raise $1.8 bn in rights issues amid face-off with MBK
Korea Zinc Inc. will raise 2.5 trillion won ($1.8 billion) in rights issues in December following its share buybacks and allocat...
Oct 30, 2024 (Gmt+09:00)
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AutomobilesHyundai Motor reveals teaser image of IONIQ 9
Hyundai Motor Co. on Wednesday released the teaser images of its IONIQ 9, a three-row, all-electric sport utility vehicle (SUV)....
Oct 30, 2024 (Gmt+09:00)
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EarningsSamsung SDI's operating profit plunges in Q3 amid EV chasm
Samsung SDI Co., the world’s sixth-largest battery maker, continues to grapple with dwindling battery demand from the elec...
Oct 30, 2024 (Gmt+09:00)
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Chemical IndustryLG Chem strengthens automotive adhesives biz
South Korea's LG Chem Ltd., the world’s fourth-largest chemical manufacturer, said on Wednesday it will expand into the au...
Oct 30, 2024 (Gmt+09:00)
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Korean startupsPEN Ventures: A skilled startup accelerator for entrepreneurs going global
For startup accelerators that nurture promising young entrepreneurs, identifying a soon-to-be-unicorn, or a company valued at ...
Oct 30, 2024 (Gmt+09:00)
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MarketsSamsung Securities lowers Samsung Electro-Mechanics target price
South Korea's Samsung Securities lowered its target price for Samsung Electro-Mechanics Co. to 160,000 won ($120) from 210,000 w...
Oct 30, 2024 (Gmt+09:00)
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Tech, Media & TelecomLG Uplus unveils content review platform 1Row
South Korea's LG Uplus Corp. said on Wednesday it launched 1Row, a content review platform for movies and dramasUsers can access...
Oct 30, 2024 (Gmt+09:00)
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Bio & PharmaCelltrion's Zymfentra gets 90% distribution channel in US
South Korean biosimilar maker Celltrion Inc. said on Monday its subcutaneous injection formulation for autoimmune diseases, Zymf...
Oct 30, 2024 (Gmt+09:00)
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Mergers & AcquisitionsSK Nexilis poised to sell thin film division to Affirma Capital
SK Nexilis Co., the world’s largest copper foil maker, is in the final stage of negotiations to sell its thin film manufac...
Oct 30, 2024 (Gmt+09:00)
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Upcoming IPOsCuckoo eyes $172 mn IPO of Malaysian unit in Kuala Lumpur: Bloomberg
South Korea’s leading rice cooker and small appliance maker Cuckoo Holdings Co. is said to be seeking to list its Malaysia...
Oct 30, 2024 (Gmt+09:00)
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EconomySouth Korea’s Economy Picks Up But Still Disappoints
South Korea’s economy was weaker than expected in the third quarter, weighed by lackluster exports, though it improved fro...
Oct 30, 2024 (Gmt+09:00)