Times Square
Scope
Date
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Earnings
S.Korean tire producers rally on strong demand, low costs
South Korean tire manufacturers enjoyed healthy earnings thanks to strong global demand for electric vehicles and new cars adding to expectations th...
Jul 28, 2023 (Gmt+09:00)
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Earnings
Kia revises up 2023 OP target after record Q2 earnings, to expedite EV push
Kia Corp. has revised upwards its operating profit target for this year to up to 12 trillion won ($9.4 billion) after reporting its best-ever quarte...
Jul 27, 2023 (Gmt+09:00)
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Retail
Lotte to open Vietnam's largest shopping mall in Hanoi
Lotte Shopping Co., the retail arm of South Korea's fifth-largest conglomerate Lotte Group, announced plans on Thursday to inaugurate its extensive ...
Jul 27, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Macquarie seeks to sell off Korea’s tank terminal operator
Macquarie Korea Asset Management seeks to sell off a Korea tank terminal operator six years after the acquisition, at around 400 billion won ($314.8...
Jul 27, 2023 (Gmt+09:00)
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Artificial intelligence
Kakao Brain unveils AI development library Trident
Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., announced on Tuesday that it has released a performanc...
Jul 26, 2023 (Gmt+09:00)
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Electronics
Solidigm launches world's largest capacity SSD for data centers
Solidigm, the NAND flash-making subsidiary of South Korea's semiconductor titan SK Hynix Inc., on Monday announced the release of its solid state dr...
Jul 24, 2023 (Gmt+09:00)
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Culture & Trends
BTS’ Beyond the Story tops NYT bestseller list
BTS' first official book "Beyond the Story: 10-Year Record of BTS", published in celebration of 10th Anniversary, topped the New York Times bestse...
Jul 20, 2023 (Gmt+09:00)
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Bio & Pharma
GC Biopharma wins approval for quadrivalent flu vaccine in Egypt
South Korea's GC Biopharma Corp. announced on Wednesday that its quadrivalent influenza vaccine "GC Flu Quadrivalent" has received approval from Egy...
Jul 19, 2023 (Gmt+09:00)
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Automobiles
Hyundai Santa Fe’s full makeover yields boxier look
Hyundai Motor Co. on Tuesday premiered a new look for its steady-selling SUV Santa Fe. The complete transformation — its first in five years &...
Jul 18, 2023 (Gmt+09:00)
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Electronics
LG Electronics launches sleep management solution brid.zzz
LG Electronics Inc. on Friday launched a sleep management solution called "brid.zzz" aimed at individuals grappling with stress and insomnia. The na...
Jul 14, 2023 (Gmt+09:00)
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Construction
Hyundai E&C to commercialize CCS for the first time in S.Korea
South Korea's Hyundai Engineering & Construction announced that it has won the contract for the preliminary front-end engineering and design (Pr...
Jul 13, 2023 (Gmt+09:00)
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Korean stock market
Korea's IPO market heats up with higher price cap for new stocks
South Korea’s initial public offering market is heating up with some 30 firms set for new share subscriptions in July and August, more than su...
Jul 13, 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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Fashion
S.Korea’s best-selling premium fashion brand Time to go global
Handsome Corp., a fashion house of South Korea’s major retailer Hyundai Department Store Group, will launch The Time, an upmarket collection...
Jul 05, 2023 (Gmt+09:00)
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Corporate investment
SK Square, SK Hynix set up $77 million chip investment unit
SK Square Co. and SK Hynix Inc., together with two other South Korean companies, have launched a 100 billion won ($77 million) joint investment unit...
Jul 04, 2023 (Gmt+09:00)
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Korean food
S.Korea exports halal-certified beef to Malaysia for 1st time
Halal-certified premium Korean beef Hanwoo was exported to Malaysia on Thursday, marking the culmination of seven years of quarantine negotiations f...
Jun 29, 2023 (Gmt+09:00)
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Logistics
S.Korea breaks into World Bank's global logistics top 20 list for 1st time
South Korea’s logistics performance has ranked 17th in the world, marking its first entry into the top 20 nations, as assessed by the World Ba...
Jun 26, 2023 (Gmt+09:00)
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ESG
SKIET rejuvenates old mining town in Poland as green industry hub
DABROWA GORNICZA, Poland – It was not long ago that the Polish city of Dabrowa Gornicza in Silesia Province was struggling to bring back its g...
Jun 26, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE breaks ground on marine engine plant in Saudi Arabia
HD Korea Shipbuilding & Offshore Engineering (KSOE) said on Sunday its joint venture Makeen has broken ground on a marine engine plant in Saudi ...
Jun 25, 2023 (Gmt+09:00)
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Private equity
Korea’s SK Square sells off entire stake in Grab as shares tumble
SK Square Co., the intermediate holding company of South Korea’s SK Group, has liquidated Grab Geo Holdings, a joint venture with Grab Holding...
Jun 22, 2023 (Gmt+09:00)
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Fashion
Nike to open its 3rd Jordan World of Flight store in Seoul
Nike Inc. is set to open its Jordan World of Flight in Seoul, a store dedicated to Jordan brand streetwear and sports shoes, on Wednesday. It will b...
Jun 22, 2023 (Gmt+09:00)
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Economy
Monthly exports set for growth in June for 1st time in 10 months
South Korea’s exports in the first 20 days of June rose from a year earlier, seeing growth in the period for the first time since last August....
Jun 21, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor to collect $5.9 bn in dividends from abroad for EV push
Hyundai Motor Group’s overseas subsidiaries will repatriate $5.9 billion in dividends in total to their parent in South Korea this year to hel...
Jun 12, 2023 (Gmt+09:00)
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Future mobility
LG Uplus to use UAM to slash EMS transportation time
South Korea's internet service provider LG Uplus Corp. on Thursday said it signed an agreement with the municipal government of Jinju, South Gyeongs...
Jun 09, 2023 (Gmt+09:00)
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Energy
Hanwha Q Cells sweeps global solar energy industry awards
Hanwha Q Cells Co.'s winning of major global solar energy industry prizes is expected to help the unit of South Korean Hanwha Solutions Corp. cement...
Jun 08, 2023 (Gmt+09:00)
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Chemical Industry
Hyosung Chemical’s credit rating downgraded one notch
Korea Investors Service downgraded the unsecured bond credit rating of Hyosung Chemical on Thursday from A to A-, saying that its profit-generating ...
Jun 08, 2023 (Gmt+09:00)
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Beauty & Cosmetics
S.Korea’s Handsome releases brand book with Assouline
South Korean fashion company Handsome Corp., a division of Hyundai Department Store Group, said on Thursday that it has partnered with Assouline, on...
Jun 08, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG CNS, Honeywell collaborate on smart factory
LG CNS Co., the information technology service arm of LG Group, is enhancing production efficiency and security in smart factories through collabora...
Jun 07, 2023 (Gmt+09:00)
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Automobiles
S.Korea's new hybrid car registrations in May exceed diesel's for first time
The number of newly registered hybrid cars in South Korea overtook that of diesel cars for the first time thanks to consumer focus on such models,...
Jun 05, 2023 (Gmt+09:00)
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Korean Investors
Korea's sovereign wealth fund directly exercises voting rights for first time
Korea Investment Corporation (KIC), the South Korean sovereign wealth fund, has begun actively exercising its voting rights in invested companies.Ac...
Jun 01, 2023 (Gmt+09:00)
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