purchasing power parity
Scope
Date
~
-
Artificial intelligence
Nvidia beats Tesla to emerge as top foreign stock held by Koreans
Nvidia Corp., the global top artificial intelligence chip leader, overtook Tesla Inc., the world’s second-largest electric vehicle maker, to b...
May 30, 2024 (Gmt+09:00)
-
Energy
Hanwha Q Cells builds US solar farm for power supply to Meta
Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Thursday it has completed a solar power complex...
May 30, 2024 (Gmt+09:00)
-
Corporate restructuring
SK embarks on business overhaul to focus on mainstays
South Korea’s second-largest conglomerate SK Group has embarked on a reshuffling process to focus on core units such as semiconductors and bat...
May 29, 2024 (Gmt+09:00)
-
Energy
Korea’s HD Hyundai Electric wins $60 mn transformer deal in UK
South Korea’s electric equipment maker HD Hyundai Electric Co. said on Wednesday it has won a power transformer supply deal worth 47.1 million...
May 29, 2024 (Gmt+09:00)
-
Energy
Kolon Global inks Korea’s 1st private wind power supply deal
Kolon Global Corp., the leading South Korean wind farm developer, signed the country’s first private wind power supply deal with local compani...
May 27, 2024 (Gmt+09:00)
-
Retail
GS25 opens 300th store in Vietnam
South Korean convenience store chain GS25 said on Sunday that it opened its 300th store in Vietnam. This is the milestone since it entered th...
May 27, 2024 (Gmt+09:00)
-
Energy
Doosan Enerbility to supply SMR parts to NuScale Power
Doosan Enerbility Co., a leading South Korean power plant engineering company, is slated to supply nuclear reactor equipment to Nuscale Power Corp.,...
May 26, 2024 (Gmt+09:00)
-
Korean food
Seaweed, dubbed ‘Korea’s black semiconductor,’ powers its economy
Dried seaweed, widely used to make kimbap, or seaweed-wrapped rice rolls, is often referred to as the “black semiconductor” in South Kor...
May 24, 2024 (Gmt+09:00)
-
Energy
Hanwha Q Cells eyes solar power business diversification
Hanwha Q Cells Co., a solar power unit of South Korean chemicals-to-defense conglomerate Hanwha Group, is striving for revenue stream diversificatio...
May 24, 2024 (Gmt+09:00)
-
Energy
Samsung, KEPCO to collaborate on power facility tech
Samsung Electronics Co. and Korea Electric Power Corp. (KEPCO) announced on Friday that they signed a memorandum of understanding (MOU) to cooperate...
May 24, 2024 (Gmt+09:00)
-
Electronics
Samsung’s new AI PC to hit global market in mid-June
Samsung Electronics Co. will start offering the Galaxy Book4 Edge, a new addition to its latest flagship Galaxy Book4 laptop series and powered by b...
May 21, 2024 (Gmt+09:00)
-
Energy
Doosan Enerbility wins deal for fuel conversion project in Chile
South Korea's major power plant builder Doosan Enerbility Co. announced on Tuesday that it has won a contract for a fuel conversion project at a t...
May 21, 2024 (Gmt+09:00)
-
Shipping & Shipbuilding
Samsung SDS taps generative AI to counter logistics risks
Samsung SDS Co., the information technology service unit under Samsung Group, actively incorporates generative artificial intelligence and machine...
May 20, 2024 (Gmt+09:00)
-
E-commerce
Korea scraps ban on online purchase of 80 items from abroad
South Korea has scrapped a plan to ban direct purchases of some 80 items from overseas e-commerce platforms, a government office said on Sunday, aft...
May 19, 2024 (Gmt+09:00)
-
Economy
Strong exports power S.Korea’s manufacturing job growth
South Korea’s job increases rebounded in April with growth in the manufacturing sector at a 17-month high on strong exports amid the semicondu...
May 17, 2024 (Gmt+09:00)
-
Shipping & Shipbuilding
HD KSOE picks Philippines as offshore wind power base camp
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE), the parent of the world’s No. 1 shipbuilder, is accelerating its offshore wind po...
May 15, 2024 (Gmt+09:00)
-
Bio & Pharma
OCI eyes acquisition of US biopharmaceutical company
OCI Holdings Co., South Korea’s largest polysilicon maker, is looking abroad to acquire a biopharmaceutical company in the US in a consortium,...
May 14, 2024 (Gmt+09:00)
-
Energy
Hyundai Asset to enter offshore wind power market
South Korea's Hyundai Asset Management Co. announced on Monday that it signed a business agreement with Cyan Renewables, a Singapore-based specialis...
May 13, 2024 (Gmt+09:00)
-
Hydrogen economy
Doosan to make new fuel cell for hydrogen power plant deals
South Korea’s Doosan Fuel Cell Co. plans to begin mass production of a new phosphoric acid fuel cell (PAFC) model, which is expected to raise ...
May 08, 2024 (Gmt+09:00)
-
Korean startups
Startups bet on affluent Gen X in Korea’s senior living market
Elder-care startups are rushing to build high-end senior homes in South Korea targeting affluent Generation Xers set to retire in five years on expe...
May 08, 2024 (Gmt+09:00)
-
Electric vehicles
Hyundai set for revamped hydrogen-powered NEXO launch in Q2 2025
South Korea’s top automaker Hyundai Motor Co. plans to introduce a next-generation model of its hydrogen fuel cell electric vehicle (FCEV) NEX...
May 06, 2024 (Gmt+09:00)
-
Hydrogen economy
Hyundai to expand US hydrogen truck business with California nonprofit
Hyundai Motor Co., South Korea’s top automaker, is gearing up its hydrogen truck business in the US by teaming up with a California nonprofit ...
May 03, 2024 (Gmt+09:00)
-
Pension funds
NPS to hike risky asset purchases under simplified allocation system
The National Pension Service (NPS), South Korea’s state-run pension fund, is introducing a new simplified asset allocation guideline under whi...
May 02, 2024 (Gmt+09:00)
-
Petrochemicals
HD Hyundai Oilbank to supply ultra-low sulfur diesel to Guam
HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, announced on Wednesday that it secured a contract to supply 7.2 million ...
May 02, 2024 (Gmt+09:00)
-
ESG
Daedong completes S.Korea's largest rooftop solar power plant
South Korea's Daedong Mobility announced on Friday that it has completed the construction of the largest rooftop solar power plant in the country at...
Apr 26, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
Samsung launches Galaxy C55 5G in China
Samsung Electronics Co. has launched the Galaxy C55 5G, a budget-friendly smartphone series designed specifically for the Chinese market, marking th...
Apr 25, 2024 (Gmt+09:00)
-
Energy
Qcells inks US solar modules, power plants deal with TGC
Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group also known as Qcells in overseas market...
Apr 24, 2024 (Gmt+09:00)
-
K-pop
HYBE to fire NewJeans agency CEO; Min refutes accusation
HYBE Co. is seeking to sack Min Hee-jin, the chief of ADOR, its label behind globally popular girl group NewJeans, as it investigates allegations th...
Apr 22, 2024 (Gmt+09:00)
-
Electric vehicles
Hyundai Motor, Matrix Renewables in solar deal to power Georgia EV plant
South Korea’s top automaker Hyundai Motor Group said on Monday it has signed a 15-year power purchase contract with a US solar energy generati...
Apr 22, 2024 (Gmt+09:00)
-
Food & Beverage
Pepero enters Thailand’s King Power Duty Free
South Korea's Lotte Wellfood Co. announced on Friday that its thin chocolate-coated cookie sticks Pepero and no-sugar ice cream Zero entered King Po...
Apr 19, 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