money supply
Scope
Date
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Energy
HD KSOE seeks to build nuclear power plant ships
HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) is hastening to advance into the nuclear power plant ship market in collaboration wit...
Feb 04, 2024 (Gmt+09:00)
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Carbon neutrality
HD Hyundai to supply low carbon solution to POSCO
HD Hyundai Marine Solution Co., a ship components manufacturer, said on Thursday it has agreed to supply an artificial intelligence- and big data-ba...
Feb 01, 2024 (Gmt+09:00)
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Hydrogen economy
POSCO Int’l teams up with UAE for blue hydrogen
POSCO International Corp. and POSCO Holdings Inc. announced on Wednesday that they signed a strategic collaboration agreement (SCA) with the Abu Dha...
Jan 31, 2024 (Gmt+09:00)
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Machinery
Doosan Bobcat showcases hydrogen-powered forklift in S.Korea
Doosan Bobcat, the construction and agricultural machine manufacturer of South Korea’s Doosan Group, has commercialized hydrogen-powered forkl...
Jan 31, 2024 (Gmt+09:00)
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Energy
Doosan to supply carbon-free power generation technologies to Thailand
South Korea’s major power plant builder Doosan Enerbility Co. will promote the supply of carbon-free power generation technologies such as car...
Jan 29, 2024 (Gmt+09:00)
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Batteries
LG Energy to supply $748 million worth of batteries to Japan’s Isuzu Motors
LG Energy Solution Ltd., one of the world’s leading battery makers, has agreed to supply its cylindrical batteries to Isuzu Motors Ltd., Japan...
Jan 26, 2024 (Gmt+09:00)
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Artificial intelligence
Bespin Global supplies AI chatbot to Gimpo Int’l Airport
South Korea's cloud solution provider Bespin Global announced on Friday that it has supplied its interactive artificial intelligence (AI) platform H...
Jan 26, 2024 (Gmt+09:00)
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Automobiles
Daedong Gear to supply $137mn EV parts to Hyundai
Daedong Gear Co., a powertrain subsidiary of South Korea’s Daedong Group, announced on Thursday that it has won a 183.6 billion won ($137 mill...
Jan 25, 2024 (Gmt+09:00)
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Batteries
Sodium-ion batteries: Attractive option for EVs as costs, supply matter
Sodium-ion batteries (SIBs), fast emerging as the next-generation battery cells, will be up to 24% cheaper than the most affordable lithium-based ba...
Jan 24, 2024 (Gmt+09:00)
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Energy
HD Hyundai Oilbank to advance into N.American lubricants market
HD Hyundai Oilbank Co., South Korean shipbuilding and machinery conglomerate HD Hyundai Co.'s oil refining unit, will venture into the North America...
Jan 24, 2024 (Gmt+09:00)
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North Korea
North Korea’s missiles tested on the battlefields of Ukraine
SEOUL—One of the world’s biggest illicit-arms suppliers just got a major advertisement.In recent weeks, Russian forces have fired...
Jan 23, 2024 (Gmt+09:00)
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Aerospace & Defense
IMM invests $97 mn in Korean supplier of Boeing, Airbus
IMM Investment Corp., a major South Korean private equity firm, invested $97 million in Kencoa Aerospace Corp., a local supplier of global industry ...
Jan 19, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia dominate US Best Cars for the Money
Hyundai Motor Group announced on Friday that Hyundai Motor Co. and Kia Corp. have top seven categories in the 2024 Best Cars for the Money awards in...
Jan 19, 2024 (Gmt+09:00)
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Batteries
S.Korea, Indonesia to strengthen battery materials supply chain
South Korea and Indonesia plan to strengthen the collaboration to establish an electric vehicle (EV) battery ecosystem, capitalizing on Indonesia'...
Jan 18, 2024 (Gmt+09:00)
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Electric vehicles
POSCO Int'l to supply motor cores to Hyundai, Kia in Europe
POSCO International Corp. announced on Thursday that it has secured an order for 1.03 million units of motor cores, which will be featured electric ...
Jan 18, 2024 (Gmt+09:00)
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Batteries
Korea's LX International buys Indonesian nickel miner for $100 mn
South Korean trading firm LX International Corp. said on Tuesday that it has acquired a 60% stake in Indonesian miner PT Adhi Kartiko Pratama (AKP)&...
Jan 16, 2024 (Gmt+09:00)
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Artificial intelligence
Lunit to supply AI image analysis solutions to Samsung Electronics
South Korean medical AI company Lunit has secured a significant partnership with tech giant Samsung Electronics Co., signing a three-year, $1.86 mil...
Jan 16, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion to expand Yuflyma supply network in Europe
South Korea’s Celltrion Inc. announced on Friday that it will supply its biosimilar Yuflyma (active ingredient: adalimumab) for the treatment ...
Jan 12, 2024 (Gmt+09:00)
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Batteries
Hyundai Motor in deal to secure lithium hydroxide from China’s Chengxin
South Korea’s top automaker Hyundai Motor Group has agreed to secure lithium hydroxide, a key raw material for electric vehicle batteries, fro...
Jan 11, 2024 (Gmt+09:00)
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Korean innovators at CES 2024
Kia, Uber to jointly develop custom-tailored electric ride-hailing PBV
LAS VEGAS – South Korea’s second-largest automaker Kia Corp. has forged a partnership with Uber Technologies Inc. to jointly develop cus...
Jan 11, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Korea’s Hanwha Ocean quits money-losing container shipbuilding business
South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, has decided to exit the money-losing container shipbuilding busin...
Jan 08, 2024 (Gmt+09:00)
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Robotics
LG Elec to supply robot CLOi to SE Asian golf courses
South Korea’s LG Electronics Inc. announced on Friday that it signed a contract with the domestic golf service platform Smartscore to supply i...
Jan 05, 2024 (Gmt+09:00)
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Energy
Taihan Cable wins $42 mn order for power grid in Kuwait
South Korea's Taihan Cable & Solution Co. announced on Friday that it has won a $42 million turnkey project to build a 400kV ultra-high voltage ...
Jan 05, 2024 (Gmt+09:00)
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Automobiles
IONIQ 5 named Car of the Year 2023 in Singapore
Hyundai Motor Co.'s electric sport utility vehicle (SUV) IONIQ 5 has been selected as the Car of the Year 2023 in Singapore by the nation’s la...
Jan 02, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Naver Whalebook supply volume triples in 2023
South Korea's Naver Cloud, the cloud computing arm of Naver Corp., announced on Friday that the distribution volume of Whalebook has tripled compa...
Dec 29, 2023 (Gmt+09:00)
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Food & Beverage
Ilhwa to export McCOL to South Africa
South Korea’s Ilhwa Co. on Friday that its flagship barley carbonated beverage McCOL will be exported to the Republic of South Africa. Th...
Dec 29, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha wins S.Korean military anti-drone system deals
South Korean aerospace and defense maker Hanwha Systems Co. is set to establish a military system to cope with small unmanned aerial vehicles (UAVs)...
Dec 22, 2023 (Gmt+09:00)
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Bio & Pharma
Icure wins $2.85 mn lidocaine cataplasm order from Guatemala
South Korea's Icure Pharmaceutical Incorporation announced on Tuesday that it signed a supply contract for the specialized local anesthetic lidoca...
Dec 19, 2023 (Gmt+09:00)
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Machinery
Daedong wins $268 mn tractor order from Aral Group
South Korea’s No. 1 agricultural machinery maker Daedong Corp. announced on Tuesday that it signed a deal with Türkiye's Aral Group to ...
Dec 19, 2023 (Gmt+09:00)
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Energy
OCI signs $1 billion polysilicon supply deal with US solar firm CubicPV
OCI Holdings Co., a leading South Korean chemical and green energy company, said on Tuesday it has clinched a $1 billion deal to supply polysilicon ...
Dec 19, 2023 (Gmt+09:00)