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Artificial intelligence
Kakao to launch AI messenger service Kanana in H1 2025
South Korea’s platform giant Kakao Corp. will roll out Kanana, a conversational AI agent-integrated messenger app, in the first half of next y...
Oct 22, 2024 (Gmt+09:00)
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Banking & Finance
S.Korea's Hana Card, KFCC launch first PLCC
South Korea's Hana Card said on Tuesday it launched the first private label credit card (PLCC) product, the "MG+ Credit Card Primo Hana Card" of the...
Oct 22, 2024 (Gmt+09:00)
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Artificial intelligence
SK Telecom launches PC version of A Dot
South Korea's SK Telecom Co. unveiled the multi-large language model (LLM) agent, the PC version of its AI personal assistant service "A. (A Dot)" o...
Oct 22, 2024 (Gmt+09:00)
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Artificial intelligence
S.Korean AI content platform Zeta surpasses 1 mn users
South Korean generative artificial intelligence (AI) startup Scatter Lab said on Monday its interactive AI content platform Zeta has surpassed 1 mil...
Oct 22, 2024 (Gmt+09:00)
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Construction
Samsung C&T consortium wins $1.6 bn Turkish highway project
A consortium of Samsung C&T Corp., South Korean state-run firms and a Turkish builder won a $1.6 billion project to build and run a highway in t...
Oct 21, 2024 (Gmt+09:00)
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Economy
S.Korea’s exports fall 2.9% in first 20 days of October; chip sales strong
South Korea’s exports, the country’s main growth driver, fell 2.9% in the first 20 days of October amid falling demand for vehicles and ...
Oct 21, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai to produce Creta EV in India for January launch
Hyundai Motor Co. said on Sunday it will launch an electric model of the compact sport utility vehicle Creta in India this January — the first...
Oct 20, 2024 (Gmt+09:00)
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Shareholder activism
Align Partners calls on Doosan Bobcat to boost shareholder value
Align Partners Capital Management Inc., a South Korean activist fund, has called on Doosan Bobcat Inc., a global construction machinery maker owned ...
Oct 18, 2024 (Gmt+09:00)
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Artificial intelligence
Naver Cloud launches AI meeting minutes service
Naver Cloud, the cloud subsidiary of South Korean online giant Naver Corp., said on Friday the launch of Naver Works Clova Note, an AI-based enterpr...
Oct 18, 2024 (Gmt+09:00)
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K-pop
Blackpink’s Rose releases new song in collaboration with Bruno Mars
Girl group Blackpink's Rose released her single “APT.” in collaboration with global pop star Bruno Mars on Friday, her agency The Black ...
Oct 18, 2024 (Gmt+09:00)
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Food & Beverage
S.Korea’s No.1 soju maker HiteJinro to foray into global beauty market
HiteJinro Group, South Korea’s No. 1 alcoholic beverage maker with a century-old history, has tapped cosmetics development and production as a...
Oct 18, 2024 (Gmt+09:00)
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Corporate strategy
SK Ecoplant establishes integrated chip service division
SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, said on Thursday it reorganized its business s...
Oct 18, 2024 (Gmt+09:00)
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Korean startups
South Korea’s next AI unicorns stand out at KPAS 2024
South Korea’s major telecom company KT Corp. and the country’s leading financial newspaper The Korea Economic Daily have teamed up to sc...
Oct 17, 2024 (Gmt+09:00)
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Food & Beverage
Jimmy John’s to open its first store in Seoul in October
U.S. sandwich franchise Jimmy John's will open a store in Gangnam, Seoul, in October, the company announced on Thursday.This will be Jimmy John's fi...
Oct 17, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Broadband to launch nationwide dedicated line service in S.Korea
South Korea's SK Broadband said on Thursday that it will establish a nationwide network using Internet Protocol-Multi Protocol Label Switching (IP-M...
Oct 17, 2024 (Gmt+09:00)
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K-pop
BTS Jin reveals track list of 6 songs for solo album 'Happy'
The title track of the first solo album to be released by BTS member Jin is “Running Wild,” his agency Big Hit Music announced on Thursd...
Oct 17, 2024 (Gmt+09:00)
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Shareholder activism
Activist fund Palliser demands SK Square draw up value-boosting measures
UK-based activist fund Palliser Capital Ltd. is calling on SK Square Co., the investment arm of South Korea’s second-largest conglomerate SK G...
Oct 16, 2024 (Gmt+09:00)
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Markets
Activist Palliser Pushes for Change at AI Chip Investor SK Square
Activist investor Palliser Capital has built a stake in the holding company of highflying artificial-intelligence chip maker SK Hynix Inc. and is pu...
Oct 16, 2024 (Gmt+09:00)
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Future mobility
South Korea to designate Jeju as flying taxi pilot service zone
South Korea will designate its resort island Jeju a test operation zone for flying taxis as part of the country’s national urban air mobility ...
Oct 15, 2024 (Gmt+09:00)
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Tech, Media & Telecom
S.Korean livestreaming platform SOOP eyes global market
AfreecaTV, South Korea’s first-generation interactive livestreaming service with a nearly two-decade history, has started a new chapter under ...
Oct 15, 2024 (Gmt+09:00)
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Shareholder activism
Flashlight Capital offers to buy KT&G’s ginseng business for $1.4 billion
Singapore-based investment management firm Flashlight Capital Partners Pte. (FCP) has offered to buy South Korean tobacco maker KT&G Corp.'s gin...
Oct 14, 2024 (Gmt+09:00)
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Robotics
Samsung to unveil its first wearable robot Bot Fit by end-October
Samsung Electronics Co. will unveil its first wearable robot, Bot Fit, later this month as the South Korean tech giant delves into the global health...
Oct 14, 2024 (Gmt+09:00)
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Batteries
POSCO Future M begins NCA production in Pohang
South Korea's POSCO Future M Co. has started production of nickel, cobalt, aluminum (NCA) cathode materials at its Pohang factory, three months ea...
Oct 14, 2024 (Gmt+09:00)
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Investment banking
Korea Investment lists structured warrants in Indonesia
Korea Investment & Securities Co. has become the first South Korean securities firm to list derivative warrants in Indonesia after issuing 11 st...
Oct 11, 2024 (Gmt+09:00)
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Corporate strategy
Lotte Shopping to set up Singapore holding firm, eyes its IPO
Lotte Shopping Co., South Korea’s leading retail company, will transform its special purpose company (SPC) in Singapore into a holding firm to...
Oct 11, 2024 (Gmt+09:00)
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Central bank
BOK flags more rate cuts but in gradual, small steps
South Korea’s central bank is open to more cuts in interest rates after its first rate reduction in more than four years on Friday but only in...
Oct 11, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor celebrates 100 mn vehicles with special exhibition
Hyundai Motor Co. is celebrating the production of its 100 millionth vehicle with a month-long exhibition, "One Step Further," starting October 10 a...
Oct 11, 2024 (Gmt+09:00)
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Corporate strategy
Samsung retains No. 5, Hyundai climbs to No. 30 global brand
Samsung Electronics Co., South Korea’s most valuable company in terms of market capitalization, saw its brand value top $100 billion for the f...
Oct 10, 2024 (Gmt+09:00)
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Artificial intelligence
Microsoft, KT to invest $1.8 bn in Korea’s AI, infrastructure
Microsoft Corp. and KT Corp. plan to invest 2.4 trillion won ($1.8 billion) in South Korea’s artificial intelligence, cloud and infrastructure...
Oct 10, 2024 (Gmt+09:00)
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Airlines
Jeju Air launches new Batam, Bali routes
Jeju Air Co., South Korea's leading low-cost carrier (LCC), said on Tuesday that it will launch the routes to Batam and Bali, Indonesia. It's t...
Oct 08, 2024 (Gmt+09:00)
Latest News
- 1 SK Group seeks to sell SK Signet as part of sweeping portfolio realignment
- 2 Korean firms rush to issue bonds before presidential election
- 3 Hong Kong to list world’s first Samsung single-stock leverage ETF
- 4 Samsung bets on data center HVAC with $1.7 bn FläktGroup acquisition
- 5 Hanjin KAL roars on renewed control dispute hints with Hoban