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BatteriesGM asks LG Energy to share huge portion of US EV tax benefits
General Motor Co., the leading US automaker, has asked LG Energy Solution Ltd., the world’s second-largest electric vehicl...
Nov 30, 2023 (Gmt+09:00)
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Korean chipmakersSamsung, SK Hynix expect high 2024 profits as memory market returns
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, expect to post decent chip profits n...
Nov 30, 2023 (Gmt+09:00)
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Central bankBOK chief says rates need to stay high for over 6 months
South Korea’s central bank chief on Thursday said interest rates will have to stay high for more than six months, leaving ...
Nov 30, 2023 (Gmt+09:00)
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Pension fundsNPS logs 8.7% return in Q1-Q3 on stock boom, strong dollar
National Pension Service (NPS) of South Korea posted an 8.66% investment return from January to September of this year with asse...
Nov 30, 2023 (Gmt+09:00)
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AirlinesAir Premia posts first-ever quarterly profit
Air Premia Inc., a South Korean budget carrier, on Thursday reported its first-ever quarterly profit in the third quarter of thi...
Nov 30, 2023 (Gmt+09:00)
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Korean startupsPOSCO startup POSCORE wins grand prize at D.Camp All-Star League
POSCORE, an in-house startup of South Korean steel giant POSCO Group, won the grand prize during an annual startup demo day host...
Nov 30, 2023 (Gmt+09:00)
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AutomobilesHyundai Mobis unveils world’s first QL display for vehicles
South Korea’s top auto parts maker Hyundai Mobis Co. said on Thursday it has developed an innovative premium display for v...
Nov 30, 2023 (Gmt+09:00)
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Asset managementFlexibility unlocks opportunities: M&G Investments
As central banks fight with post-COVID inflation, the repricing of global interest rates continues to add to global market volat...
Nov 30, 2023 (Gmt+09:00)
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Tech, Media & TelecomCJ OliveNetworks to enter smart city business with Team Naver
South Korean digital service company CJ OliveNetworks announced on Thursday that it has signed a mutual cooperation agreement at...
Nov 30, 2023 (Gmt+09:00)
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Bio & PharmaCelltrion Healthcare's Remsima SC to be launched in US in 2024
Celltrion Healthcare Co. announced on Thursday that its autoimmune disease treatment Zymfentra (the US product name for Remsima ...
Nov 30, 2023 (Gmt+09:00)
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Korean startupsKorea's startup ecosystem lags behind peers in global investments
South Korea’s startup environment lags behind major countries in terms of global expansion and foreign investment attracti...
Nov 30, 2023 (Gmt+09:00)
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AutomobilesRenault Korea to equip Tmap Mobility infotainment in new vehicle
Renault Korea Motors announced on Thursday that it has signed a memorandum of understanding (MOU) for future infotainment collab...
Nov 30, 2023 (Gmt+09:00)
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RetailKorea puts brakes on Chanel, Hermes, Nike resale bans
The Korea Fair Trade Commission (KFTC) has put the brakes on what it calls unfair business practices whereby Chanel, Hermes and ...
Nov 30, 2023 (Gmt+09:00)
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Aerospace & DefenseHanwha Ocean showcases Jangbogo-III submarine in Warsaw
South Korean shipbuilder Hanwha Ocean Co. held the Hanwha Ocean Day event in Warsaw, Poland, on November 29 for local media, to ...
Nov 30, 2023 (Gmt+09:00)
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EconomyS.Korea’s factory output, consumption dwindle in October
South Korea’s factory activity waned last month, snapping a recovery streak in the previous two months, largely due to a d...
Nov 30, 2023 (Gmt+09:00)
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AutomobilesHyundai IONIQ 5 N named 2023 Car of the Year by TopGear
South Korea's Hyundai Motor Group announced on Thursday that Hyundai Motor Co.'s IONIQ 5 N electric vehicle has been named Car o...
Nov 30, 2023 (Gmt+09:00)
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Korean foodCJ CheilJedang introduces K-Food in EzyMart across Australia
South Korean food company CJ CheilJedang Corp. on Thursday announced its foray into Australia's convenience store sector by intr...
Nov 30, 2023 (Gmt+09:00)