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Pension fundsKorea’s NPS sees record assets, profit on double-digit return
South Korea’s National Pension Service (NPS) enjoyed record assets and profit in 2023 as the world’s third-largest p...
Jan 02, 2024 (Gmt+09:00)
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RetailKorea’s Gmarket poised to post 1st profit since Shinsegae’s takeover
Gmarket, a major e-commerce website based in South Korea, likely turned to profit in the fourth quarter of last year, which woul...
Jan 02, 2024 (Gmt+09:00)
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Bio & PharmaCGBio gets FDA approval for Novosis Putty
South Korea's bio-regenerative medical firm CGBio announced on Tuesday that its Novosis Putty has been designated as a breakthro...
Jan 02, 2024 (Gmt+09:00)
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EnergyKEPCO sells 15% stake in KEPCO E&C for $269 million
Korea Electric Power Corp. (KEPCO), South Korea’s state-owned utility company grappling with mounting losses, has secured ...
Jan 02, 2024 (Gmt+09:00)
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FashionAdidas Korea separates its marketing strategy from APAC
Sportswear giant adidas AG started operating its South Korean affiliate as a separate market from the Asia-Pacific region on Jan...
Jan 02, 2024 (Gmt+09:00)
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ESGLG Uplus introduces eco-friendly packaging materials
South Korea's LG Uplus Corp. announced on Monday that it has introduced eco-friendly packaging materials for its network equipme...
Jan 02, 2024 (Gmt+09:00)
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Aerospace & DefenseKAI completes 1st batch of fighter jet exports to Poland
Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, completed its first batch of fig...
Jan 02, 2024 (Gmt+09:00)
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Business & PoliticsSouth Korea set to abolish financial investment gains tax: Yoon
South Korea plans to abolish capital gains taxes on financial investments to revitalize the lackluster domestic financial market...
Jan 02, 2024 (Gmt+09:00)
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Shipping & ShipbuildingSamsung Heavy wins $1.5 bn order for FLNG
South Korea's shipbuilder Samsung Heavy Industries announced on Tuesday that it has secured an order for one floating liquefied ...
Jan 02, 2024 (Gmt+09:00)
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ElectronicsLG to double CES 2024 exhibition booth
LG Electronics Inc. will double its dedicated exhibition booth for the LG Labs marketing platform at CES 2024, the world's large...
Jan 02, 2024 (Gmt+09:00)
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Korean foodCJ CheilJedang to boost K-Street Food exports
Korean food giant CJ CheilJedang Corp. is seeing major success with its "K-Street Food" line, a selection of iconic Korean stree...
Jan 02, 2024 (Gmt+09:00)
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Korean chipmakersSamsung eyes $8.8 billion 2024 chip profit: sources
Samsung Electronics Co. seeks to rake in 11.5 trillion won ($8.8 billion) in operating profit from its semiconductor business th...
Jan 02, 2024 (Gmt+09:00)
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AutomobilesIONIQ 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 t...
Jan 02, 2024 (Gmt+09:00)
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Korean innovators at CES 2024LG Display to unveil future mobility panels at CES
LG Display Co., the world’s leading organic light-emitting diode (OLED) panel maker, will unveil its next-generation autom...
Jan 02, 2024 (Gmt+09:00)