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Electric vehiclesHyundai bets big on deep discounts to survive EV plateau
Hyundai Motor Co. is going all out to revive drivers’ interest in electric vehicles with significant price cuts in the US,...
Oct 31, 2023 (Gmt+09:00)
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Private debtKorea Investment raises $400 mn to expand US assets
Seoul-based brokerage firm Korea Investment & Securities Co. (KIS) has raised $400 million in new bonds to strengthen its in...
Oct 31, 2023 (Gmt+09:00)
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Carbon neutralityHD Hyundai Oilbank secures bio-based material supply network
South Korea's HD Hyundai Oilbank announced on Tuesday it signed contracts with Indonesia's Korindo Group and Korea's LX Internat...
Oct 31, 2023 (Gmt+09:00)
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RetailE-Land eyes another leap forward in China under new strategy
SHANGHAI – E-Land World Ltd., a South Korean fashion and retail company, is gearing up for another leap forward in China, ...
Oct 31, 2023 (Gmt+09:00)
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Bio & PharmaDaewoong Pharma, Merck team up for AI tech for new drug
South Korea's Daewoong Pharmaceutical announced on Tuesday it signed with memorandum of understanding (MOU) with Merck Life Scie...
Oct 31, 2023 (Gmt+09:00)
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Food & BeverageSoju no longer working-class liquor
HiteJinro Co., South Korea’s largest soju maker, will raise the price of its soju and beer products by about 7% next month...
Oct 31, 2023 (Gmt+09:00)
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RegulationsKorea plans wider crackdown on foreigners’ short-selling
South Korea’s financial regulator plans wider investigations into illegal short-selling trades by major foreign investment...
Oct 31, 2023 (Gmt+09:00)
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Artificial intelligenceKT unveils B2B generative AI service Mi:dm
South Korean telecom giant KT Corp. on Tuesday unveiled Mi:dm, a generative artificial intelligence (AI) service for corporate c...
Oct 31, 2023 (Gmt+09:00)
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Chemical IndustryS.Korea's SKC to sell fine ceramic business for $270 mn
South Korea's SKC Ltd. announced on Tuesday it will sell the fine ceramics business of its subsidiary SK enpulse, a semiconducto...
Oct 31, 2023 (Gmt+09:00)
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Banking & FinanceWoori Bank to add two new branches in India 2024
South Korea's Woori Bank plans to open two new branches in India in the first half of next year. The bank announced on Tues...
Oct 31, 2023 (Gmt+09:00)
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Food & BeverageS.Korea sees record of beverage exports in Q1~Q3
South Korea's exports of beverages from Jan. to Sept. this year exceeded $500 million to break all-time record.Export data relea...
Oct 31, 2023 (Gmt+09:00)
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Carbon neutralitySK E&S to pursue cross-border CCS with Australia’s Santos
SK E&S, the clean energy affiliate of South Korea’s No. 2 conglomerate SK Group, has signed a deal on cross-border c...
Oct 31, 2023 (Gmt+09:00)
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Business & PoliticsS.Korea to add India, Lithuania to list of nations eligible for E-9 visa
South Korea plans to allow non-professional workers from India and Lithuania to apply for the E-9 visa as the country struggles ...
Oct 31, 2023 (Gmt+09:00)
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EntertainmentK-pop fan platform company DearU to enter into Japan
DearU Co., a K-pop fandom platform in South Korea, announced the launch of the Japanese version of "bubble" on Tuesday. DearU bu...
Oct 31, 2023 (Gmt+09:00)
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Bio & PharmaLotte builds US antibody-drug conjugate plant with $82 mn
South Korea’s Lotte Biologics Co. is establishing an antibody-drug conjugate (ADC) factory in Syracuse, New York, with an ...
Oct 31, 2023 (Gmt+09:00)
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EnergyHD Hyundai joins $14 mn offshore wind power project
HD Hyundai Electric Co., the electrical equipment and energy solution company under South Korea’s shipbuilding giant HD Hy...
Oct 31, 2023 (Gmt+09:00)
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RoboticsLG Uplus to build robot-friendly building with Hyundai
South Korea’s LG Uplus Corp. has teamed up with Hyundai Motor Co. and Kia Robotics Lab to build a communications infrastru...
Oct 31, 2023 (Gmt+09:00)
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EarningsHarman’s record profits prop up Samsung's Q3 earnings
Samsung Electronics Co., the world’s largest memory chip maker, on Tuesday reported a triple-digit quarterly increase in t...
Oct 31, 2023 (Gmt+09:00)
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Aerospace & DefenseS.Korea to put self-developed lander on moon by 2032
South Korea plans to put its first lunar lander on the moon by 2032. In a meeting of the National R&D Project Evalua...
Oct 31, 2023 (Gmt+09:00)