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AutomobilesKG Mobility expands into Southeast Asia with Futa Group partnership
KG Mobility, previously known as Ssangyong Motor Co., announced on Friday its alliance with Vietnam's Kim Long Motor, a subsidia...
Mar 31, 2023 (Gmt+09:00)
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Korean SMEsS.Korea’s Shinsegae, KOTRA to help domestic fashion firms for export
Shinsegae Department Store revealed on Friday that they will collaborate with the Korea Trade-Investment Promotion Agency (KOTRA...
Mar 31, 2023 (Gmt+09:00)
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Korean stock marketVIP Asset’s new mutual fund to forgo operating fees if it posts losses
VIP Asset Management Co., a leading South Korean asset manager, said on Friday it is launching a new mutual fund, and its manage...
Mar 31, 2023 (Gmt+09:00)
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Shareholder activismS.Korean activist fund KCGI eyes foundry DB HiTek buyout
Korea Corporate Governance Improvement Fund (KCGI) is eyeing a controlling stake in DB HiTek Co. as the activist fund became the...
Mar 31, 2023 (Gmt+09:00)
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RetailTop Korean food delivery app posts record profits
Woowa Brothers Corp., the operator of South Korea’s top food delivery app, posted a record profit in 2022, which also mark...
Mar 31, 2023 (Gmt+09:00)
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Shipping & ShipbuildingHyundai Mipo wins $184 mn order four mid-sized PC carriers
Hyundai Mipo Dockyard Co., a subsidiary of HD Hyundai Group's shipbuilding division, has secured a construction contract for fou...
Mar 31, 2023 (Gmt+09:00)
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AutomobilesS.Korea's auto industry faces shortage of skilled workers for future cars
South Korea's automobile industry is rapidly transitioning toward the future such as environmentally friendly and smart cars, bu...
Mar 31, 2023 (Gmt+09:00)
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ElectronicsLG Display to focus on automotive screens for turnaround
LG Display Co., the world’s top manufacturer of large-size organic light-emitting diode (OLED) panels, is set to focus on ...
Mar 31, 2023 (Gmt+09:00)
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Business & PoliticsS.Korea's K2 tanks undergo first live fire test in Poland
South Korea's main battle tank K2 Balck Panther and K-9 self-propelled howitzers will undergo live-fire test at the Oziši...
Mar 31, 2023 (Gmt+09:00)
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EnergyKorea’s small nuclear reactor technology falls behind global peers
South Korea’s small-sized nuclear reactor technology has fallen behind other major countries due to the years of the previ...
Mar 31, 2023 (Gmt+09:00)
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Bio & PharmaDrug instructions to be provided via QR codes, URLs in S.Korea
South Korea's the Ministry of Food and Drug Safety announced on Friday that it had revised the "Risk Management Plan (RMP) Guide...
Mar 31, 2023 (Gmt+09:00)
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Food & BeverageCJ Haechandle Gochujang acquires Europe's V-Label
CJ CheilJedang Corp.'s flagship fermented food brand Haechandle Gochujang (hot pepper paste) is set to expand into the global ma...
Mar 31, 2023 (Gmt+09:00)
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Tech, Media & TelecomS.Korean firms' digital transformation more than a step behind Western: Report
A research report has shown that the level of digital transformation among South Korean companies is lagging behind that of Euro...
Mar 31, 2023 (Gmt+09:00)
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Hydrogen economyDoosan Mobility Innovation, MIT to develop hydrogen motorcycle
South Korea's Doosan Mobility Innovation (DMI), a hydrogen fuel cell-making subsidiary of Doosan Corp., on Thursday announced a ...
Mar 31, 2023 (Gmt+09:00)
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Korean startupsKB Financial launches $193 million fund to invest in global startups
South Korea’s second-largest financial institution KB Financial Group will launch a 250 billion won ($193 million) fund to...
Mar 31, 2023 (Gmt+09:00)
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Aerospace & DefenseLIG Nex1, S.Korea's Air Force Academy sign future defense tech deal
LIG Nex1 Co. and Republic of (South) Korea Air Force Academy have agreed on close cooperation in joint research on defense techn...
Mar 31, 2023 (Gmt+09:00)
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RetailRolex resale prices tumble as the wealthy young tighten belts
The most sought-after luxury items such as Rolex watches and Chanel bags are selling at a much lower premium, or even below thei...
Mar 31, 2023 (Gmt+09:00)
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Carbon neutralitySamsung C&T, Japan’s Chiyoda collaborate in green hydrogen
South Korea’s Samsung C&T Corp. is boosting its eco-friendly energy business such as in green hydrogen, a carbon-neutr...
Mar 31, 2023 (Gmt+09:00)
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Bio & PharmaHugel names ex-CEO of LG Household & Health Care as chairman
South Korea's biopharmaceutical company Hugel Inc. on Friday said it appointed Cha Suk-yong, former CEO and vice chairman of LG ...
Mar 31, 2023 (Gmt+09:00)
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Shareholder activismJB Financial wins proxy fight against activist fund Align Partners
South Korea’s JB Financial Group Co. won a proxy battle against local activist fund Align Partners Capital Management on d...
Mar 31, 2023 (Gmt+09:00)
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RetailWRC-approved longest-distance golf ball ATTOMAX on sale in Korea
ATTOMAX golf balls approved by the World Record Committee (WRC) as the longest-flying golf balls in the world finally hit the So...
Mar 31, 2023 (Gmt+09:00)
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SteelKorean Dongkuk opens 2nd Mexican color-coated steel plant
Dongkuk Steel Mill Co. opened its second color-coated steel plant in Mexico as South Korea’s third-largest steelmaker aims...
Mar 31, 2023 (Gmt+09:00)
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Leadership & ManagementCEOs of Samsung, LG group companies buying back their stocks
Leading executives of major South Korean corporations Samsung Electronics Co., LG Energy Solution Ltd. and LG Electronics Inc. a...
Mar 31, 2023 (Gmt+09:00)