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  • Shareholder activism
    Korean activist fund mired in controversy over SM stock deals

    A South Korean private equity firm leading shareholder activism against SM Entertainment Co. is mired in controversy as it has s...

    May 02, 2023 (Gmt+09:00)

  • Artificial intelligence
    Spooked by data leak, Samsung bans use of ChatGPT, other AI tools

    Alarmed by a recent accidental data leak, Samsung Electronics Co. has banned one of its biggest business divisions from using Ch...

    May 02, 2023 (Gmt+09:00)

  • Earnings
    HYBE logs record-high Q1 profit despite BTS break

    South Korea’s HYBE Co. behind global sensation BTS on Tuesday reported a 41.5% surge in first-quarter profit, driven by BT...

    May 02, 2023 (Gmt+09:00)

  • Robotics
    KT launches two new AI serving robots

    South Korea's KT Corp., said on Tuesday that it has unveiled two new AI service robots with upgraded features for enhanced dri...

    May 02, 2023 (Gmt+09:00)

  • Energy
    LS Cable completes undersea HVDC cable plant

    South Korea’s major cable manufacturer LS Cable & System Ltd. has completed the construction of Asia's largest high-...

    May 02, 2023 (Gmt+09:00)

  • Korean food
    CJ CheilJedang launches Cuisine.K project

    South Korea's largest food company CJ CheilJedang Corp., announced on Tuesday the launch of "Cuisine.K," a project aimed at disc...

    May 02, 2023 (Gmt+09:00)

  • Banking & Finance
    Meritz emerges fast to take on South Korea’s big financial companies

    Back in the early 2000s, Meritz was an obscure, lesser-known insurance-related company in South Korea’s financial arena.Pa...

    May 02, 2023 (Gmt+09:00)

  • Korean games
    Simple, retro: Korean game sector’s new target for growth

    Once-popular games for feature phones in the 2000s are seeing a revival in South Korea on the growing demand for simple and easy...

    May 02, 2023 (Gmt+09:00)

  • Energy
    SK E&S to supply renewable electricity to BASF

    South Korea’s SK E&S Co. will supply electricity generated from renewable energy to global chemical company BASF. SK ...

    May 02, 2023 (Gmt+09:00)

  • Shipping & Shipbuilding
    Samsung Heavy Industries develops next-generation FLNG

    South Korean shipbuilder Samsung Heavy Industries has developed a new model for its floating liquefied natural gas (FLNG) produc...

    May 02, 2023 (Gmt+09:00)

  • Batteries
    POSCO to spend $900 mn to expand lithium, cathode output in Korea

    South Korea’s steel giant POSCO Group is expected to spend 1.2 trillion won ($900 million) in total to add cathode manufac...

    May 02, 2023 (Gmt+09:00)

  • Aerospace & Defense
    LIG Nex1 unveils AESA radar for FA-50 light fighter

    A South Korean aerospace manufacturer and defense company has unveiled a prototype of an active electronically scanned array (AE...

    May 02, 2023 (Gmt+09:00)

  • Corporate bonds
    Korean retail investors net buy bonds at record $3.2 bn in April

    South Korean individual investors flocked to the bond market with net purchases of 4.25 trillion won ($3.2 billion) in April, th...

    May 02, 2023 (Gmt+09:00)

  • Automobiles
    Renault Korea Motors shuts down Busan plant for 10 days

    Renault Korea this month will stop operating its Busan plant for about 10 days in a desperate bid to reduce inventory, which has...

    May 02, 2023 (Gmt+09:00)

  • Retail
    Chinese shoppers slash online purchases of Korean goods

    Chinese shoppers have slashed online purchases of South Korean goods since the outbreak of the COVID-19 pandemic, tightening the...

    May 02, 2023 (Gmt+09:00)

  • Korean startups
    Asleep forms partnership with National Sleep Foundation of US

    South Korea's sleep technology startup Asleep, which was part of an economic delegation accompanying President Yoon Suk Yeol's r...

    May 02, 2023 (Gmt+09:00)

  • Automobiles
    Kia to take pre-orders for electric SUV EV9

    Kia Corp. announced on Wednesday that it will begin taking pre-orders for the "Kia EV9." The EV9 is Kia's second dedicated elect...

    May 02, 2023 (Gmt+09:00)

  • Batteries
    SKIET to supply battery separators to major client in China

    South Korea’s battery separator maker SK IE Technology Co. (SKIET) will supply separators to a major electric vehicle (EV)...

    May 02, 2023 (Gmt+09:00)