Singapore's CDL buys Nine Tree hotel in Seoul for $107 mn
Singapore-based major real estate firm City Developments Ltd. (CDL) has bought Nine Tree Premier Hotel Myeongdong II from South Korea’s Shinha...
Genesis GV80 to come with LG’s OLED auto display in close tie-up
Hyundai Motor Co.'s premium brand Genesis will be equipped with LG Display Co.'s organic light-emitting diode (OLED) automotive display for its...
Optimizing flexibility for fixed-income in new era: M&G
Fixed-income continues to offer an attractive entry point for investors with higher yields, declining inflation and the end of the interest rate hik...
Korea’s trade deficit with China runs deep; chip support required
Just like its neighboring countries in Asia, South Korea’s economic growth has long been swayed by the ups and downs of China, which heavily r...
Kakao Healthcare to build metaverse healthcare platform
Kakao Healthcare, a digital healthcare platform unit of South Korea's Kakao, announced on Wednesday that it has been selected as the final operato...
AI talent shortage poses threat to Korean AI tech development
Since the advent of the AI-powered chatbot sensation ChatGPT, the battle to win AI talent across companies large and small has intensified, threaten...
Private real estate debt shines on banks' financing gaps: Savills
More global investors are turning to the private debt market as bank loans are getting tougher under stricter lending regulations. Among a range of ...
Korea's Doosan Enerbility sells Bobcat stake in $214 mn block deal
South Korea’s major power plant builder Doosan Enerbility Co. has sold a minority stake in Doosan Bobcat Inc., its construction equipment unit...
LG Energy selects 10 promising global startups in battery area
South Korea's battery maker LG Energy Solution Ltd. announced on Tuesday that it will strengthen collaboration with global startups with high growth...
Samsung SDS HQ sale likely to be Korea's biggest real estate deal of 2023
The sale of Seoul-based Samsung SDS Co. headquarters, which is likely to become South Korea's largest real estate market deal of 2023, is predicted ...
S.Korea's chip pioneer Amkor aims to rule packaging sector
The history of semiconductors in South Korea, a global tech powerhouse with the world’s two largest memory chipmakers, Samsung Electronics Co....
S.Korea’s mobile carriers seek future from service robots
South Korea’s mobile carriers are strengthening the service robot business as the sector, combined with their know-how in the telecommunicatio...
KT's dietary management solution passes AI quality test
A South Korean artificial intelligence (AI) solution that analyzes and presents information on the type and nutritional content of food after a us...
Hyundai Group chief calls on PE firm help to defend against Schindler
South Korea’s conglomerate Hyundai Group Chairwoman Hyun Jeong-eun is seeking money from a local private equity firm to defend the management ...
SKC mulls investment in materials in Haiphong, Vietnam
South Korea's SKC has teamed up with Haiphong, a key industrial city in northeastern Vietnam, to reinforce the company's basis for global expansion ...
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...
Germany's real estate mezzanine market to shine in 2023: Lenwood Capital
The global real estate market is under significant pressure due to increased interest rates and banks' tighter loan standards in 2023. Commercial re...
S.Korea's Mirae Asset, Hana Financial Group form security token tie-up
South Korea's Mirae Asset Securities on Thursday said it signed an agreement with Hana Financial Group on the security token consortium Next Finance...
Mirae Asset’s US real estate fund faces heavy losses
A private fund for US real estate managed by South Korea’s Mirae Asset Global Investments Co. has seen huge losses amid the tumble of the offi...
Naver Cloud builds S.Korea’s first 5G network at construction site
Naver Cloud for the first time in South Korea has launched a specialized 5G mobile communications network at an apartment construction site.The comp...
S.Korea's construction companies turn sector into high-tech battleground
South Korea's construction companies are aggressively employing state-of-the-art technologies such as artificial intelligence (AI), 3D modeling and ...
LG Energy's Ochang plant, Korea's EV cell mother factory
OCHANG, North Chungcheong Province -- LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, on Thursday for the ...
Hyundai Mobis develops high-tech headlamp to prevent accidents at night
South Korea's automotive parts company Hyundai Mobis on Thursday announced its development of the HD Lighting System, a next-generation vehicle head...
S.Korean Hanwha to spend $1 bn on US acquisitions, business
South Korea’s chemicals-to-defense conglomerate Hanwha Group plans to invest $1 billion in acquisitions of companies in the US and businesses ...
Fifty Fifty longest K-pop girl group to stay on Billboard Hot 100
Fifty Fifty has stayed on the US Billboard Hot 100 for nine consecutive weeks, setting a new record for the longest stay by a K-pop girl group.Accor...
S.Korea's BSI dips below 100 for 15th consecutive month
The economic outlook of South Korean manufacturing and non-manufacturing sectors is negative for June, the 15th consecutive month of such pessimis...
Korea's loan delinquency rates soar; outlook to worsen in H2
South Korean banks are seeing loan delinquency rates surge due to the increase in lending during the pandemic and a series of rate hikes. The rates ...
UAE to find $2 bn investment opportunities in S.Korea
The United Arab Emirates (UAE) is reviewing $2 billion worth of investment project in South Korea, such energy and information communications techno...
Fifty Fifty sets new record for K-pop girl group with Spotify listeners
K-pop rookie Fifty Fifty has surpassed 34.3 million monthly listeners on Spotify, the world's largest music streaming site, its agency Attrakt said ...
LG leader Koo seeks new growth drivers at group strategy meetings
Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, is seeking new growth drivers by hosting strategy meetings groupwide.L...
