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BatteriesPOSCO Chemical breaks ground on second anode material plant
POSCO Chemical Co., a battery material unit of South Korea’s steel giant POSCO Holdings Inc., on Jan. 31 broke ground on i...
Feb 01, 2023 (Gmt+09:00)
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AirlinesKorean Air reports strongest performance ever in 2022
Korean Air Lines Co. had its strongest performance ever in 2022, as it successfully cashed in on a thriving cargo business and a...
Feb 01, 2023 (Gmt+09:00)
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Shipping & ShipbuildingSamsung Heavy wins $495 million order for two LNG ships
Samsung Heavy Industries Co., a leading South Korean shipbuilder, said on Wednesday it has won a 609.7 billion won ($495 million...
Feb 01, 2023 (Gmt+09:00)
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Korean startupsS.Korea's MGRV attracts $10mn Series B bridge investment
MGRV Community & Space, a South Korean startup that operates co-living facilities under the brand "Mangrove," announced on W...
Feb 01, 2023 (Gmt+09:00)
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Mergers & AcquisitionsTwo premium taxi apps mull tie-up to challenge Kakao
South Korea's two premium ride hailing apps TADA and i.M are considering a merger in a bid to challenge Kakao Mobility Corp., wh...
Feb 01, 2023 (Gmt+09:00)
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Travel & LeisureHanwha Hotels & Resorts to work with Vietnam's Lodgis to expand overseas network
South Korea's Hanwha Hotels & Resorts Co., Ltd. said on Wednesday that it has signed a strategic memorandum of understanding...
Feb 01, 2023 (Gmt+09:00)
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AutomobilesKia launches 2024 Niro model with enhanced features
Kia Corp. announced on Wednesday the launch of the 2024 Niro, a compact crossover SUV hybrid and electric vehicle (EV) models, w...
Feb 01, 2023 (Gmt+09:00)
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Bio & PharmaLunit launches AI-based pathology analysis solution with US firm
South Korea's medical imaging startup Lunit said on Wednesday that it has launched Guardant360 TissueNext, an AI-based pathology...
Feb 01, 2023 (Gmt+09:00)
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Bio & PharmaKorea's InCerebro to leverage AI to identify drug candidates
South Korean AI-based drug developer InCerebro aims to identify potential drug candidates using molecular modeling technology, a...
Feb 01, 2023 (Gmt+09:00)
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EconomyS.Korea likely to suffer recession as Jan exports tumble
South Korea is likely to head for a recession for the first time in three years as exports of Asia’s fourth-largest econom...
Feb 01, 2023 (Gmt+09:00)
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Tech, Media & TelecomKT to collaborate with Mongolia's Monnis Group in rare earth mining area
South Korea's telecom operator KT Corp. said on Wednesday that it has signed a memorandum of understanding (MOU) with Mongolia's...
Feb 01, 2023 (Gmt+09:00)
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Business & PoliticsS.Korea's fisheries ministry to transfer tech on Napoleon fish to SE Asia
South Korea's Ministry of Oceans and Fisheries will transfer technology to Indonesia on farming the tropical Napoleon fish and r...
Feb 01, 2023 (Gmt+09:00)
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Aerospace & DefenseS.Korea's top sci-tech school creates cutting-edge anti-drone technology
A research team at South Korea's top science and technology university has developed an anti-drone technology that can remotely ...
Feb 01, 2023 (Gmt+09:00)
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Bio & PharmaS.Korea's Daewoong Pharmaceutical to export tech to British company
South Korea's Daewoong Pharmaceutical has licensed a new drug candidate for idiopathic pulmonary fibrosis (IPF) to CS Pharmaceut...
Feb 01, 2023 (Gmt+09:00)
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Tech, Media & TelecomKorean Air launches development of Korean regional GPS system
South Korea's national flag carrier Korean Air Lines Co. on Tuesday announced the start of its development of the Korean Positio...
Feb 01, 2023 (Gmt+09:00)
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Banking & FinanceKorea's credit card approval volume hit all-time high last year
The annual card approval amount in South Korea exceeded 1,000 trillion won ($811.4 billion) for the first time ever. This is lar...
Feb 01, 2023 (Gmt+09:00)
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EnergyPOSCO Int'l to expand LNG storage capacity for $810 mn
POSCO International Co. will sharply increase its liquefied natural gas (LNG) storage capacity by spending 1 trillion won ($810 ...
Feb 01, 2023 (Gmt+09:00)
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EarningsSK Hynix to halve investment after posting first quarterly loss in decade
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it will significantly slash its investment f...
Feb 01, 2023 (Gmt+09:00)
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Korean SMEsSGC Solutions expands overseas sales channels for its brand Glasslock
South Korea's glassware maker SGC Solutions said Tuesday that it has signed a memorandum of understanding (MOU) with the Korea S...
Feb 01, 2023 (Gmt+09:00)
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Future mobilityKakao Mobility enters Laos under biz strategy for Southeast Asia
South Korea's Kakao Mobility has entered Laos under a plan to use the country as a base for the transportation company's operati...
Feb 01, 2023 (Gmt+09:00)