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Aerospace & DefenseKAI, bastion of South Korea’s fast-growing defense industry
SACHEON, South Gyeongsang Province – On a hot spring day in April, the roar of combat aircraft engines fills the air. It&r...
May 03, 2023 (Gmt+09:00)
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Travel & LeisureKorea’s Hanatour sees 1st profit in over 3 yrs on high-end service
Hanatour Service Inc., South Korea’s top travel agency, enjoyed its first quarterly profit in more than three years as it ...
May 03, 2023 (Gmt+09:00)
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Real estateSeoul advised to prepare exit plans for real estate funds
Global real estate investment funds managed by South Korean financial services firms have swelled by more than 14 times to 72 tr...
May 03, 2023 (Gmt+09:00)
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EnergyS.Korea, US advised to cooperate in advanced nuclear power plant
Amid declining exports of nuclear power plants from major countries like South Korea and the US, Russia and China have captured ...
May 03, 2023 (Gmt+09:00)
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Bio & PharmaSK Biopharmaceuticals gets marketing approval for epilepsy drug in Israel
South Korea’s SK Biopharmaceuticals said on Wednesday that the Israeli Ministry of Health has approved the company's new d...
May 03, 2023 (Gmt+09:00)
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AirlinesKorean Air showcases special aircraft livery featuring Blackpink
Korean Air Lines Co. held a 2030 Busan Expo Korean Air Special Aircraft Unveiling Event at the aircraft hangar at Incheon Intern...
May 03, 2023 (Gmt+09:00)
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Central bankBOK chief says rate cut premature despite slower growth
South Korea’s central bank chief on Wednesday said it is too early to suggest starting to cut interest rates as inflation ...
May 03, 2023 (Gmt+09:00)
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Corporate governanceHyosung’s sibling feud continues with second son in court on trial
It all began in July 2014 when Cho Hyun-joon, currently the Hyosung Group chairman, was sued by his younger brother Cho Hyun-moo...
May 03, 2023 (Gmt+09:00)
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Mergers & AcquisitionsLG Chem in talks with Glenwood to sell off diagnostics unit
LG Chem Ltd. is slated for exclusive talks with Seoul-based Glenwood Private Equity to sell off its in vitro diagnostics busines...
May 03, 2023 (Gmt+09:00)
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Carbon neutralityHD KSOE declares carbon neutrality in first for S.Korea's shipbuilders
South Korea's HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the shipbuilding holding company of HD Hyundai Co., is...
May 03, 2023 (Gmt+09:00)
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Travel & LeisureVietnamese tourists top in card spending in Korea in 2022
Vietnamese tourists splurged the most among foreign visitors to South Korea last year, filling the void left by Chinese traveler...
May 03, 2023 (Gmt+09:00)
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BatteriesPOSCO, Huayou to expand ties for battery precursors
POSCO Future M Co., formerly known as POSCO Chemical Co., on Wednesday signed a preliminary agreement with China’s Zhejian...
May 03, 2023 (Gmt+09:00)
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Real estateMultifamily emerges as Korean LPs’ top real estate pick for 2023
Multifamily housing has emerged as the most popular real estate segment for South Korean institutional investors, with senior secu...
May 03, 2023 (Gmt+09:00)
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Tech, Media & TelecomHyundai AutoEver, LS Electric adopt Ieum 5G for production lines
South Korea's automotive internet sales company Hyundai AutoEver and electrical equipment and automation specialist LS Electric ...
May 03, 2023 (Gmt+09:00)
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Bio & PharmaMerck to build biopharma raw material plant in Korea
Global pharmaceutical company Merck is considering a plan to establish a biopharmaceutical raw material production facility in D...
May 03, 2023 (Gmt+09:00)
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AutomobilesHyundai, Kia’s brisk April sales bode well for stellar Q2
The second-quarter earnings outlook for South Korea’s biggest automaker Hyundai Motor Co. and its sister company Kia Corp....
May 03, 2023 (Gmt+09:00)
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AutomobilesHyundai Motor unveils XCIENT fuel cell tractor in N.America
Hyundai Motor Co. showcased the mass-production model of its XCIENT Fuel Cell Tractor, a 37.2-ton 6x4 truck specifically designe...
May 03, 2023 (Gmt+09:00)
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PetrochemicalsSK Geo Centric, Loop to set up plastic recycling plant in Korea
SK Geo Centric Co., a petrochemical unit within South Korean conglomerate SK Group, said on Wednesday it will set up a joint ven...
May 03, 2023 (Gmt+09:00)
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BatteriesPOSCO Holdings to produce nickel in Indonesia
POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker, will directly produce nickel, a ...
May 03, 2023 (Gmt+09:00)
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Bio & PharmaDaewoong Pharma to build third botulinum toxin plant for $746 mn
South Korea’s Daewoong Pharmaceutical next year will open a third plant to greatly expand annual output of its botulinum t...
May 03, 2023 (Gmt+09:00)
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Bio & PharmaCelltrion applies for Phase 3 clinical trials in Europe for biosimilar
South Korea’s Celltrion Inc. is speeding up global clinical trials of its biosimilar of the multiple sclerosis (MS) treatm...
May 03, 2023 (Gmt+09:00)