the European New Car Assessment Programme
Scope
Date
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Corporate restructuring
Doosan to resume Bobcat, Robotics merger with new ratio
South Korea’s plant and machinery powerhouse Doosan Group will resume the merger of Doosan Bobcat Inc. and Doosan Robotics Inc. using a new me...
Oct 21, 2024 (Gmt+09:00)
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Banking & Finance
KB Kookmin Bank opens branches in Chennai, Pune
South Korea's KB Kookmin Bank opens branches in Chennai and Pune, major economic hubs in India on October 21. The bank, which established its Gurug...
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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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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Korean chipmakers
Samsung primed for graphics chip leadership with 24 Gb GDDR7
Samsung Electronics Co., the world’s largest memory chipmaker, has unveiled the industry’s first 24 gigabit (Gb) graphics DRAM chip, opt...
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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Corporate strategy
Apparel maker Hansae sets sights on auto parts business as growth driver
HO CHI MINH CITY – South Korean apparel maker Hansae Yes24 Group has set its sights on the auto parts business as a new growth driver to diver...
Oct 16, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai to build int'l standards for carbon emissions
South Korea's HD Hyundai Marine Solution Co. said on Wednesday that it signed a Life Cycle Assessment (LCA) Agreement with HD Hyundai Samho and the ...
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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Automobiles
Kia unveils car accessory made from ocean plastic waste
Kia Corp., South Korea’s second-largest automaker, said on Tuesday it introduced a trunk liner (mat) for the EV3, made from ocean plastic wast...
Oct 15, 2024 (Gmt+09:00)
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Logistics
Hyundai Glovis to enter breakbulk transport business
South Korea's Hyundai Glovis Co. said on Tuesday it participates in Breakbulk Americas 2024, a four-day event in Houston starting on October 15.&n...
Oct 15, 2024 (Gmt+09:00)
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Airlines
Zero-sum fears arise in S.Korean airlines’ game of chicken
South Korea’s air carriers are fiercely vying for lucrative or untapped routes in a game of chicken to shore up their falling profit, raising ...
Oct 15, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Cosmax China to build new headquarters in Shanghai
Cosmax Inc., South Korea's cosmetics original development and design manufacturer (ODM), will build a new headquarters in Shanghai's Xinzhuang Indus...
Oct 15, 2024 (Gmt+09:00)
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Future mobility
Supernal aims to launch flying cars at LA 2028 Olympics
Supernal LLC, the US-based urban air mobility (UAM) unit of Hyundai Motor Group, aims to launch its electric vertical take-off and landing (eVTOL) a...
Oct 11, 2024 (Gmt+09:00)
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Travel & Leisure
Lotte Hotels & Resorts to upcycle used PET bottles
South Korea's Lotte Hotels & Resorts said on Friday that it will collaborate with Lotte Chilsung Beverage and Lotte Chemical Corp. to establish ...
Oct 11, 2024 (Gmt+09:00)
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Steel
Korea’s Dongkuk develops world’s 1st biodegradable film for steel plates
Dongkuk Coated Metal Co. (Dongkuk CM), the cold-rolled steel unit of South Korean steel conglomerate Dongkuk Holdings Co., on Friday unveiled the wo...
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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Shipping & Shipbuilding
HD Hyundai unveils world’s 1st high-pressure ammonia dual-fuel engine
HD Hyundai Heavy Industries Co. said on Thursday it has developed the world's first ammonia dual-fuel engine with a high-pressure direct injection s...
Oct 10, 2024 (Gmt+09:00)
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Construction
Hyundai E&C, Surbana Jurong to team up on power projects
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) established a cooperative network with Singapore's largest public-sector ...
Oct 10, 2024 (Gmt+09:00)
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Automobiles
Toyota, Hyundai chiefs to meet in Seoul for hydrogen alliance
The leaders of Toyota Motor Corp. and Hyundai Motor Group will meet in South Korea later this month, raising expectations of a deepening partnership...
Oct 08, 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)
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Robotics
HL to acquire French parking robot firm Stanley Robotics for $24 million
HL Group, the construction-to-auto parts conglomerate in South Korea, will acquire the world’s sole outdoor self-driving parking robot-produci...
Oct 08, 2024 (Gmt+09:00)
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Batteries
LG Energy aims to more than double sales to $50 billion by 2028
LG Energy Solution Ltd. has vowed to more than double its sales in five years to 67 trillion won ($50 billion) by diversifying its battery products ...
Oct 07, 2024 (Gmt+09:00)
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Automobiles
Kia to sweep top three spots in Korea car sales on SUV, hybrid boom
Kia Corp., South Korea’s No. 2 automaker, is poised to claim the top three spots on the country’s best-selling car list this year thanks...
Oct 07, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung teams up with Ashley to expand SmartThings IoT service
SILICON VALLEY – South Korean tech giant Samsung Electronics Co. is partnering with Ashley Home Stores Ltd., the US’ largest furniture s...
Oct 04, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc, MBK face-off for control of zinc smelter takes new twist
The face-off between Korea Zinc Inc. and MBK Partners for control of the world's No. 1 lead and zinc smelter shows no sign of abating as the private...
Oct 04, 2024 (Gmt+09:00)
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Bio & Pharma
SK Pharmteco to invest $260 mn in new peptide factory in S. Korea
SK Pharmteco, the contract development and manufacturing organization (CDMO) of South Korea's SK Inc., said on Tuesday that it plans to invest $260 ...
Oct 02, 2024 (Gmt+09:00)
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Batteries
LG Chem develops material blocking battery thermal runaway
LG Chem Ltd. has developed a material that can prevent thermal runaway in a lithium-ion battery, one of the major hurdles to the expansion of the el...
Oct 01, 2024 (Gmt+09:00)
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Sovereign wealth funds
Korea Investment Corp. appoints Park Il Young as its new CEO
South Korean sovereign wealth fund Korea Investment Corporation (KIC) announced on Thursday that it has appointed former World Bank Group executive ...
Sep 26, 2024 (Gmt+09:00)
Latest News
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- 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