Net Zero targets
Scope
Date
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Automobiles
Tata Daewoo to build plant for producing trucks in Saudi Arabia
South Korea's Tata Daewoo Commercial Vehicle Company announced on Monday that it will build a production plant in Saudi Arabia.Tata Daewoo signed a ...
Apr 01, 2024 (Gmt+09:00)
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Korean stock market
Foreign buying of Korean stocks hit record high in Q1
Foreign investors gobbled up a record 15.8 trillion won ($11.7 billion) worth of stocks listed in South Korea during the first three months of this ...
Mar 31, 2024 (Gmt+09:00)
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Logistics
CJ OliveNetworks, Addverb to team up for smart logistics
South Korea's digital service company CJ OliveNetworks announced on Wednesday that it partnered with global robotics and logistics automation equipm...
Mar 20, 2024 (Gmt+09:00)
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Bio & Pharma
Drug maker Boryung targets its highest-ever sales in 2024
Boryung Corp., formerly Boryung Pharmaceutical Co., aims to join the 1 trillion won ($748 million) sales club this year, driven by new chronic disea...
Mar 20, 2024 (Gmt+09:00)
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Regulations
Samsung faces dubious suit every 5 days from US patent trolls
South Korean tech giant Samsung Electronics Co. is battling an increasing number of patent infringement litigation cases from US patent trolls, the ...
Mar 18, 2024 (Gmt+09:00)
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Food & Beverage
Cosmax NBT targets Halal health supplement market
Cosmax NBT, Inc., a health supplement original development manufacturing (ODM) affiliate of South Korea's Cosmax Group, announced on Friday that it ...
Mar 15, 2024 (Gmt+09:00)
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Banking & Finance
Korea's Shinhan, Hana accelerate overseas push after record profits
South Korean major banks aim to accelerate their expansions in other countries as their overseas investments paid off with record profits last year ...
Mar 14, 2024 (Gmt+09:00)
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Construction
Hyundai L&C targets US, India with premium finishing material
Hyundai L&C, South Korea’s Hyundai Department Store Group’s building materials unit, said on Tuesday that it will increase the propo...
Mar 13, 2024 (Gmt+09:00)
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Retail
Premium children's brands buck falling birth rate in Korea
Premium children's clothing and food brands have bucked the economic slowdown in a country grappling with the world’s lowest birth rate as Sou...
Mar 12, 2024 (Gmt+09:00)
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Aerospace & Defense
KAI to develop future aerial mobility, single-seat aircraft
Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, plans to develop future aerial mobility to secure a ...
Mar 08, 2024 (Gmt+09:00)
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Batteries
LG Energy accelerates EV battery swapping services
Kooroo, the first in-house venture of the world’s second-largest electric vehicle battery maker LG Energy Solution Ltd., said on Tuesday it is...
Mar 05, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE reaches 50% of order target in two months
South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Monday that it signed shipbuilding contr...
Mar 05, 2024 (Gmt+09:00)
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Korean chipmakers
Hana Micron to develop 2.5D packaging for Nvidia’s H100 AI chip: CEO
With burgeoning demand for high-performance artificial intelligence chips, back-end process technology, which assembles various semiconductors and t...
Feb 29, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung targets gene therapy sector through US investments
Samsung Group is targeting the gene therapy business through investments in US biotechnology companies as the leading South Korean conglomerate is s...
Feb 27, 2024 (Gmt+09:00)
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Real estate
Norway’s prime office value drop hits Korean retail investors
A South Korean real estate fund is set to post a 100% loss as the value of its sole asset, a prime office building wholly leased to Norway’s l...
Feb 21, 2024 (Gmt+09:00)
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Electronics
HD Hyundai to build power distribution device plant in Cheongju
South Korea's HD Hyundai Electric Co. announced on Tuesday that it will invest 117.3 billion won ($87.72 million) in building a new medium and low...
Feb 20, 2024 (Gmt+09:00)
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Asset management
India equity funds top overseas stock funds in S.Korea
India equity funds registered in South Korea have doubled their investors' wealth over the past five years, luring high-net-worth individuals lookin...
Feb 19, 2024 (Gmt+09:00)
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Bio & Pharma
Daewoong Pharmaceutical digitizes DB of 800 mn chemical compounds
South Korea's Daewoong Pharmaceutical announced on Monday that it has established a drug development system Daewoong AI System (DAISY) which combine...
Feb 19, 2024 (Gmt+09:00)
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Electric vehicles
S.Korean refiners’ competition in EV lubricants sector intensifies
Refiners in South Korea are in a race to expand their presence in the electric vehicle lubricants market through overseas production facilities and ...
Feb 18, 2024 (Gmt+09:00)
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Sovereign bonds
Fed rate cut hopes spur Koreans’ US Treasury bond buying spree
US Treasury bonds are gaining popularity among retail investors in South Korea amid expectations that the US Federal Reserve will cut interest rates...
Feb 16, 2024 (Gmt+09:00)
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Bio & Pharma
SK Biopharm targets $311 mn for Cenobamate US sales
South Korea's SK Biopharmaceuticals targeted 416 billion won ($311 million) for its epilepsy treatment Cenobamate in the US market this year. SK Bi...
Feb 16, 2024 (Gmt+09:00)
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Korean stock market
Foreign investors net buyers of Korean stocks for 3rd straight month
Foreign investors bought more South Korean stocks and bonds in January, extending their buying spree to three months.The Financial Supervisory Servi...
Feb 15, 2024 (Gmt+09:00)
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Aerospace & Defense
KAI to invest $76 mn in unmanned fighter jets
Korea Aerospace Industries Ltd. (KAI) has announced that it plans to invest 102.5 billion won ($76.64 million) in the development of core technologi...
Feb 14, 2024 (Gmt+09:00)
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Asset management
Mirae Asset's Nasdaq-listed chip ETF soars amid AI craze
Mirae Asset Global Investments Co., one of the largest asset managers in South Korea, said on Thursday that its exchange-traded fund (ETF) TIGER US ...
Feb 08, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Cosmax targets Southeast Asia's halal perfume market
Cosmax Inc., South Korea's largest cosmetics manufacturer in original design manufacturing (ODM), announced on Wednesday that it opened its new perf...
Feb 07, 2024 (Gmt+09:00)
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Corporate bonds
Korean firms’ monthly net debt sales hit record high in January
South Korean investors armed with ample liquidity have rushed to buy corporate debts to enjoy high yields before rates head south later this year, l...
Feb 02, 2024 (Gmt+09:00)
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Artificial intelligence
Naver expands Papago with Arabic translation, boosting global reach
South Korea's leading online portal Naver Corp. announced on Friday the addition of Arabic translation capabilities to its AI-driven translation ser...
Feb 02, 2024 (Gmt+09:00)
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Chemical Industry
SK Chemicals targets US medical packaging market
South Korea's SK Chemicals Co. is targeting the US medical packaging market with its circular recycling materials. Circular recycling is SK Chemical...
Feb 01, 2024 (Gmt+09:00)
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Earnings
Hana Bank at record profit; office bets hit Hana Securities
South Korea’s Hana Financial Group on Wednesday reported a dip in net profit in 2023, with record earnings at its flagship Hana Bank offset by...
Jan 31, 2024 (Gmt+09:00)
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E-commerce
AliExpress’ zero-commission offer jolts Coupang, Naver
AliExpress, an e-commerce arm of China’s Alibaba Group, has offered Korean companies zero commissions, under which it will not charge a sales ...
Jan 31, 2024 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand