Swift Navigation
Scope
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Foreign exchange
Navigating choppy waters: Dollar-won FX forecasting
Late last year, when the Korean won traded at 1,288 per dollar, most market analysts and economists predicted that the Korean currency would regai...
Apr 26, 2024 (Gmt+09:00)
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Economy
BTS, Blackpink economy: Korea’s IP rights trade surplus hits record high
While the economic impact of US singer Taylor Swift is so powerful that pundits coined words like “the Taylor Swift economy,” no less st...
Mar 21, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai speeds up digital transformation with Naver
HD Hyundai Co. announced on Monday that it signed a business agreement with Naver Corp. for digital transformation (DX), cloud transformation, and a...
Mar 11, 2024 (Gmt+09:00)
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Automobiles
BMW joins other foreign brands’ moves to use domestic car GPS in Korea
German luxury carmaker BMW Group is installing domestic GPS navigation systems in models sold in South Korea, joining other imported car brands&rsqu...
Feb 14, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems to develop swift, accurate mine detection tech
South Korea's Hanwha Systems Co. is set to embark on the development of a mine detection system using big data and artificial intelligence (AI) tech...
Dec 15, 2023 (Gmt+09:00)
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ESG
Hyundai, Kia to launch solution for mobility impaired in Singapore
South Korea's Hyundai Motor Co. and Kia Corp. are extending their Universal Mobility Project to Singapore with a new initiative aimed at aiding the ...
Sep 19, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
SM Korealine gets self-sailing approval from Panama
SM Korealine Co., a unit of SM Group's maritime division, announced on Monday that its subsidiary Korealine LNG, has obtained approval for self-sail...
Aug 28, 2023 (Gmt+09:00)
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Retail
Korean convenience stores threaten Japanese rivals’ empire
South Korea’s convenience store chains aim to seize the throne from Japanese rivals in Asia by utilizing K-pop and food as they look for new g...
Jul 21, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Avikus to unveil self-sailing marine taxi in Busan
Avikus, an autonomous ship navigation affiliate of South Korea's HD Hyundai Co., will apply its self-developed autonomous navigation solution to mar...
Jul 20, 2023 (Gmt+09:00)
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ESG
SK’s Tmap enhances ESG efforts by navigating lowest-carbon routes
South Korea’s leading mobility platform Tmap Mobility Co. has stepped up its environmental, social and governance (ESG) efforts via its naviga...
Jul 17, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy Industries succeeds autonomous vessel navigation
South Korean shipbuilder Samsung Heavy Industries said on Thursday it had successfully demonstrated autonomous vessel navigation from South Korea to...
Jul 06, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix face collateral damage from Micron chip ban
South Korea’s two major chipmakers — Samsung Electronics Co. and SK Hynix Inc. — are feeling the heat as they are dragged further ...
May 22, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT launches AI-enabled freight info service Brokarry 2.0
Lolab Co. Ltd., KT's digital logistics subsidiary, released its Brokarry 2.0 freight brokerage and transportation service, which incorporates artifi...
Apr 24, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Autoever, Avikus jointly develop self-sailing ship solution
South Korea’s Hyundai Autoever and Avicus, the self-navigation vessel affiliate of HD Hyundai, on Tuesday said they signed a development contr...
Apr 05, 2023 (Gmt+09:00)
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Bio & Pharma
US calls on 2 S.Korean pharmaceutical companies for swift end to legal battle
Following its lawsuit against Daewoong Pharmaceutical, South Korea's Medytox Inc. is waging an all-out legal war against domestic counterpart Hugel ...
Feb 24, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Avikus unveils self-sailing leisure vessel tech NeuBoat at US ship event
Avikus, an autonomous ship navigation affiliate of South Korea's shipbuilding, heavy equipment, machine and petroleum giant HD Hyundai Co., on Sunda...
Feb 20, 2023 (Gmt+09:00)
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Retail
CJ Olive Young faces discipline for abuse of power with suppliers
CJ Olive Young Co., South Korea’s top beauty store chain, will face punishment by the country’s antitrust regulator for abuse of power o...
Feb 08, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023
HD Hyundai to boost offshore wind power, future ships, CEO says
LAS VEGAS – HD Hyundai Co., the largest shipbuilding conglomerate in South Korea, is set to diversify its future growth engines, focusing on s...
Jan 05, 2023 (Gmt+09:00)
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Samsung Group
Samsung Heavy succeeds in autonomous navigation system demonstration
Samsung Heavy Industries Co. announced on Thursday that it successfully completed the demonstration of its autonomous navigation capabilities in the...
Nov 24, 2022 (Gmt+09:00)
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North Korea
North Korea Barrages south with missiles; South Korea swiftly responds
SEOUL—North Korea unleashed its biggest barrage in years, firing nearly two dozen missiles, including one that flew south of its disputed mari...
Nov 03, 2022 (Gmt+09:00)
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Venture capital
Korean VCs look for next Grab, Gojek startups in Singapore
South Korea’s leading venture capital companies with at least 1 trillion won ($711 million) in assets under management are looking for promisi...
Sep 22, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT, Swift Navigation team up for ultra-precision location service
KT Corp., a major South Korean telecommunications company, has partnered with Swift Navigation Co., a San Francisco-based technology firm, to commer...
Jun 30, 2022 (Gmt+09:00)
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War in Ukraine
Korean shipbuilders see material impact from sanctions on Russia
International sanctions on Russia over its invasion of Ukraine are set to have a material impact on South Korea’s three largest shipbuilders, ...
Mar 13, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Sale of Citibank Korea gains traction; preferred buyer may emerge in July
The sale of Citibank Korea’s consumer banking business is gaining traction as potential bidders have started due diligence of the bank, with e...
Jun 29, 2021 (Gmt+09:00)