asiana kal china
Scope
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Korean food
CJ CheilJedang hosts K-food competition in China
South Korea's CJ CheilJedang Corp. announced on Thursday that it organized the CJ Challenge Live Competition at the 2024 K-Food China Qingdao Intern...
Jul 04, 2024 (Gmt+09:00)
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Bio & Pharma
LG Chem launches Synovian in China
South Korea's LG Chem Ltd. announced on Wednesday that it launched its homegrown new drug for osteoarthritis Synovian (marketed in China as Hyruan O...
Jul 03, 2024 (Gmt+09:00)
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Batteries
LG Energy signs multi-billion-dollar LFP battery deal with Renault
LG Energy Solution Ltd., the world’s second-largest battery maker, has clinched a multi-billion-dollar deal to supply LFP batteries for low-en...
Jul 02, 2024 (Gmt+09:00)
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League table
UBS tops Korea’s M&A advisor list on Asiana, Affinity deals
UBS Group AG topped the South Korean mergers and acquisitions (M&A) league table in the second quarter as the global investment bank worked on m...
Jul 01, 2024 (Gmt+09:00)
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Travel & Leisure
S.Korea sees foreign visitors 95% of pre-pandemic
The Korea Tourism Organization (KTO) announced on Friday that the number of foreign tourists visiting South Korea in May was 1.42 million, an increa...
Jun 28, 2024 (Gmt+09:00)
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Korean chipmakers
Korea to inject $200 mn into semiconductor packaging R&D
South Korea will inject 274.4 billion won ($200 million) into a state-run R&D project for semiconductor packaging technology, a key to producing...
Jun 26, 2024 (Gmt+09:00)
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Airlines
Korean Air named Skytrax world's top 100 airlines
Korean Air Lines Co. and Asiana Airlines Inc. have been selected for the 2024 World Airline Awards by UK-based aviation consultancy Skytrax on June ...
Jun 26, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE eyes $3.4 bn worth of orders from France's CMA CGM
South Korea’s largest shipbuilder, HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), is eyeing around $3.4 billion worth of orde...
Jun 24, 2024 (Gmt+09:00)
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IPOs
d’Alba maker Bmonument, Memebox, Easytem line up for Korean IPOs
South Korea’s promising beauty and healthcare device startups are looking to go public on the domestic bourse to scale up after gaining popula...
Jun 23, 2024 (Gmt+09:00)
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Airlines
Asiana's cargo unit to be sold for $362 mn to Air Incheon
South Korean flag carrier Korean Air Lines Co. has tapped Air Incheon, a local airline dedicated to cargo business, as the preferred bidder to acqui...
Jun 14, 2024 (Gmt+09:00)
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Airlines
MBK drops out of Air Premia’s Asiana cargo unit takeover bid
Asian private equity firm MBK Partners has dropped out of a plan to back 300 billion won ($217.9 million) for South Korean budget airline Air Premia...
Jun 12, 2024 (Gmt+09:00)
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Electric vehicles
US, China to serve as Kia’s key offshore EV production bases
Kia Corp., South Korea’s second-largest carmaker after its sibling Hyundai Motor Co., has upped the stakes in China and the US to bolster its ...
Jun 09, 2024 (Gmt+09:00)
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Airlines
Korean LCCs take on flag carriers with long-haul routes
From June 11, Air Premia Inc. is slated to launch service to Oslo, Norway, the longest-haul route for a South Korean low-cost carrier (LCC). The LCC...
Jun 07, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics eyes windfall gain amid US-China row
SAN DIEGO – Samsung Biologics Co. is enjoying a stream of contract development and manufacturing order inquiries from big pharmaceutical compa...
Jun 07, 2024 (Gmt+09:00)
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Airlines
Korean Air expects US approval for Asiana merger by end-Oct: report
Korean Air Lines Co., South Korea’s No. 1 full-service carrier, expects to gain full approval from the US government by the end of October to ...
Jun 03, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Cosmax China participates in Shanghai Beauty Expo
Cosmax Inc., South Korea's largest cosmetics manufacturer specializing in original design manufacturing (ODM), on Thursday that its Chinese subsidia...
May 30, 2024 (Gmt+09:00)
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Korean games
Pearl Abyss, Tencent to release Black Desert in China
South Korea's game developer and publisher Pearl Abyss Corp. announced on Wednesday that it's preparing to launch its cross-platform MMORPG Black De...
May 29, 2024 (Gmt+09:00)
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Korean games
Nexon releases Dungeon & Fighter Mobile in China
South Korea’s online game developer Nexon Korea Corp. on Tuesday officially launched the action role-playing game (RPG) Dungeon & Fighter ...
May 22, 2024 (Gmt+09:00)
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Korean stock market
Korea Inc. nearly triples dividend payments in decade
Cash dividend payments by companies listed on the Korea Exchange, the country's main bourse, have nearly tripled in a decade. They have returned a l...
May 21, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Korean beauty brands show signs of turnaround in China
South Korean cosmetics brands are showing signs of a turnaround in China, with their sales in the neighboring country recovering from the slump over...
May 17, 2024 (Gmt+09:00)
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Logistics
Korea’s LX Pantos, China’s Sinotrans agree to launch logistics JV
LX Pantos Co., the logistics unit of South Korea’s LX Group, said on Thursday it will launch a multimodal transport joint venture with Sinotra...
May 16, 2024 (Gmt+09:00)
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The KED View
Japan’s heavy hand with Naver: Uneasy sign for market economy
Recent actions by the Japanese government and chief executives of LY Corp. and SoftBank Corp. are raising eyebrows, leading many to question whether...
May 10, 2024 (Gmt+09:00)
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Business & Politics
South Korea Plans $7 Billion Push to Pivot EV Battery Industry Away From China
South Korea is dedicating around $7 billion to help wean its electric-vehicle battery supply chain away from China and align more with U.S. trade gu...
May 10, 2024 (Gmt+09:00)
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Retail
Shilla Duty Free to co-work with China's largest lifestyle info platforms
South Korea's Shilla Duty Free Shop announced on Thursday that it partnered with Meituan and Dazhong Dianping, China's largest travel and lifestyle ...
May 09, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix to sell 50% stake in Wuxi foundry unit to Chinese firm
SK Hynix Inc. will sell nearly a half stake in its foundry unit in China to a Chinese state-run enterprise for $349.3 million in a bid to expand its...
May 09, 2024 (Gmt+09:00)
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Electronics
Samsung holds Odyssey event with T1 in Chengdu
Samsung Electronics Co. announced on Monday that it held an Odyssey gaming monitor experience event with the T1, the top-tier League of Legends team...
Apr 29, 2024 (Gmt+09:00)
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Bio & Pharma
Korean botox sales gain momentum in US, China
South Korea is ramping up exports of botulinum toxin to the US and China, the world’s two top consumers of the neurotoxin protein, with its pr...
Apr 29, 2024 (Gmt+09:00)
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Retail
Korea’s Lotte sells Lotte Glory Properties Shenyang amid US-China dispute
South Korea’s retail giant Lotte Group has signed a deal to sell a theme park project in Shenyang, China – its latest move to pull out o...
Apr 26, 2024 (Gmt+09:00)
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Airlines
Korean Air to launch Incheon-Macau route in July
Korean Air Lines Co., the leading full-service airline in South Korea, announced on Friday that it will launch flights on the Incheon-Macau route st...
Apr 26, 2024 (Gmt+09:00)
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Airlines
MBK, Air Premia team up for Asiana’s cargo unit; Jeju Air exits
South Korea's low-cost carrier Air Premia Inc. has teamed up with North Asia-focused private equity firm MBK Partners to win Asiana Airlines Inc.'s ...
Apr 25, 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