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Shipping & ShipbuildingKorea's SM buys shipping line HMM shares ahead of bidding
South Korea’s SM Group has increased its ownership in HMM Co., the country’s top container shipping line. The 30th-l...
Aug 02, 2023 (Gmt+09:00)
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Electric vehiclesGlobal EV, battery sectors in war for talent acquisition
Global electric vehicle and battery makers are fiercely competing to secure talent with high salaries and various incentives a...
Aug 02, 2023 (Gmt+09:00)
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Tech, Media & TelecomS.Korean academics to verify truth of room-temperature superconductor
The Korean Society of Superconductivity and Cryogenics has recently established a verification committee composed of experts in ...
Aug 02, 2023 (Gmt+09:00)
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Food & BeverageBaskin-Robbins stands out in melting Korean ice cream market
Global ice cream chain Baskin-Robbins, the top ice cream seller in South Korea, is solidifying its market position with localiza...
Aug 02, 2023 (Gmt+09:00)
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EconomyKorea’s inflation eases to 25-mo low, but poised to rebound in H2
South Korea’s headline inflation rose at the slowest pace in 25 months in July on still-low international oil prices but i...
Aug 02, 2023 (Gmt+09:00)
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AutomobilesKia America’s new normal: Record car sales month after month
Kia Corp., South Korea’s second-largest automaker, has been dismissed as the weaker sibling or smaller sister firm of Hyun...
Aug 02, 2023 (Gmt+09:00)
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RetailKorea’s duty-free sales skid despite China border reopening
South Korea’s duty-free shops suffered a sharp decline in sales in June, when the number of Chinese visitors jumped more t...
Aug 02, 2023 (Gmt+09:00)
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Shipping & ShipbuildingHD Hyundai to expand LNG tanker conversion biz with orders
HD Hyundai Global Service, the ship retrofit subsidiary of the world’s second-largest shipbuilder HD Hyundai Co., is poise...
Aug 02, 2023 (Gmt+09:00)
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Tech, Media & TelecomKT Submarine to rename itself LS Marine Solution
South Korea’s undersea cable company KT Submarine Co. will change its name to LS Marine Solution following its integration...
Aug 02, 2023 (Gmt+09:00)
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FashionAPR’s fashion brand Nerdy opens two more stores in Vietnam
South Korea's cosmetic and clothing company APR announced on Wednesday that its street style fashion brand Nerdy opened its thir...
Aug 02, 2023 (Gmt+09:00)
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Korean gamesCom2us launches RPG game ‘Heir of Light: Eclipse’ in Canada, Indonesia
Com2us Holdings Corp. announced on Wednesday that its new role-playing game (RPG), Heir to Light: Eclipse, is now availabl...
Aug 02, 2023 (Gmt+09:00)
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AutomobilesHyundai Mobis mass produces glove compartment for EVs
South Korea's Hyundai Mobis has developed an innovative glove compartment optimized for electric vehicles (EV) for use in the la...
Aug 02, 2023 (Gmt+09:00)
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Korean chipmakersHanmi Semiconductor opens new bonder factory
South Korean chip equipment company Hanmi Semiconductor Co. said on Wednesday it has opened a new factory to boost the productio...
Aug 02, 2023 (Gmt+09:00)
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EarningsKakaoBank posts record H1 profit; costs hurt Kakao Games’ Q2 earnings
KakaoBank Corp., a leading South Korean internet-only bank, saw its first-half net profit rise to a fresh record high, driven by...
Aug 02, 2023 (Gmt+09:00)
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Bio & PharmaLabGenomics plans to buy 4 to 5 more CLIA labs in US by 2027
LabGenomics Co. will advance into the US diagnostics market with laboratories regulated by the country’s Clinical Laborato...
Aug 02, 2023 (Gmt+09:00)
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Banking & FinanceSK C&C begins to construct S.Korea's first ATS
SK C&C, an information and communications technology affiliate of South Korea’s SK Group announced on Wednesday it has...
Aug 02, 2023 (Gmt+09:00)
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EnergyWestinghouse, KHNP seek licensing dispute arbitration
Korea Hydro & Nuclear Power Co. (KHNP) and Westinghouse Electric Corp. have taken their almost one-year dispute over South K...
Aug 02, 2023 (Gmt+09:00)
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Corporate strategySamsung Electronics opens future tech office in DX Division
Samsung Electronics Co. has conducted an internal reshuffle by opening a future technologies office to discover “non-exist...
Aug 02, 2023 (Gmt+09:00)
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ElectronicsSamsung’s Bespoke Jet AI sweeps global acclaim
Bespoke Jet AI, the cordless stick vacuum cleaner of Samsung Electronics Co., continues to receive international recognition for...
Aug 02, 2023 (Gmt+09:00)
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AutomobilesS.Korean carmakers post brisk sales on strong exports in July
South Korea's car sector posted strong sales last month as favorable exports offset the sluggish domestic market.Industry source...
Aug 02, 2023 (Gmt+09:00)
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Future mobility42dot launches its first B2B self-driving shuttle service
42Dot, a self-driving technology affiliate of Hyundai Motor Group, on Tuesday said it launched a self-driving shuttle at Samsung...
Aug 02, 2023 (Gmt+09:00)
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K-popK-pop group aespa to premiere ‘Better Things’ single in LA
K-pop girl group aespa will hold a concert "aespa LIVE TOUR 2023 - SYNK: HYPER LINE" at the Crypto.com Arena in Los Angeles, US,...
Aug 02, 2023 (Gmt+09:00)
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Bio & PharmaSamsung Bioepis seeks to buy Biogen biosimilar unit
Samsung Bioepis Co., a biopharmaceutical research and development unit under South Korea’s Samsung Group, seeks to buy a b...
Aug 02, 2023 (Gmt+09:00)