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Chemical IndustryIMM among shortlisted bidders for special chemicals maker Songwon
Competition to acquire Songwon Industrial Co., one of the world’s top specialty chemicals makers, is heating up as the Sou...
Dec 04, 2023 (Gmt+09:00)
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Aerospace & DefenseS.Korea to buy more F-35As, but picks Embraer C-390s for transport
South Korea has chosen the F-35A by US-based Lockheed Martin Aeronautics as its stealth aircraft and Brazil-headquartered aerosp...
Dec 04, 2023 (Gmt+09:00)
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Food & BeverageCJ Freshway to boost smart farming business
South Korea’s CJ Freshway Corp. announced on Monday that it will launch a smart farm contract cultivation business in 2024...
Dec 04, 2023 (Gmt+09:00)
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Korean food, retail firms cut jobs as spending drops
South Korea’s food, cosmetics and retail companies, heavily reliant on domestic sales, are slimming down their workforce t...
Dec 04, 2023 (Gmt+09:00)
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BatteriesHanwha to boost battery production equipment business
Hanwha Group, South Korea’s chemicals-to-defense conglomerate, is working to bolster its secondary battery manufacturing e...
Dec 04, 2023 (Gmt+09:00)
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EnergyKHNP to promote i-SMR in Indonesia, Jordan
Korea Hydro and Nuclear Power Co. (KHNP) is promoting the introduction of innovative small modular reactors (i-SMR) in Indonesia...
Dec 04, 2023 (Gmt+09:00)
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Korean stock marketChipmakers Samsung, SK Hynix among foreigners’ top picks in Korea
South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., were among foreign investors’ top p...
Dec 04, 2023 (Gmt+09:00)
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Bio & PharmaAccess Bio opens second plant in New Jersey
The US-based in-vitro diagnostic device company Access Bio Inc. announced on Monday that it opened its second factory in Monroe ...
Dec 04, 2023 (Gmt+09:00)
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Korean gamesS.Korea to put $3.6 bn shares in gaming giant NXC on sale
The South Korean government said on Monday it will launch a tender offer to sell off a 29.3% stake, valued at around 4.7 trillio...
Dec 04, 2023 (Gmt+09:00)
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Short sellingHSBC, BNP Paribas reported to Korean prosecutors for naked shorting
The Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and BNP Paribas CIB have been reported to South Korean public prosecut...
Dec 04, 2023 (Gmt+09:00)
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RetailThe Hyundai Seoul, a must-visit for young foreigners
The Hyundai Seoul, the largest department store in the South Korean capital, topped the 1 trillion won mark in annual sales at t...
Dec 04, 2023 (Gmt+09:00)
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AutomobilesIONIQ 5, Sportage named safest cars by IIHS
Hyundai Motor Co. 's crossover electric vehicle (EV) sport-utility vehicle (SUV) IONIQ 5 and Kia Corp. 's best-selling SUV Spo...
Dec 04, 2023 (Gmt+09:00)
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FashionHyungji Elite selected as official partner of FC Barcelona
South Korea’s school and corporate uniform company Hyungji Elite announced on Monday that it was selected as the officia...
Dec 04, 2023 (Gmt+09:00)
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Travel & LeisureSeoul to build huge two-ring Ferris wheel for $700 mn
The Seoul Metropolitan Government on Sunday unveiled the design of a Ferris wheel, tentatively named Seoul Twin Eye, which it pl...
Dec 04, 2023 (Gmt+09:00)
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Aerospace & DefenseHanwha Aerospace to export more K9 howitzer to Poland
Hanwha Aerospace Co. announced on Monday that it signed a $2.6 billion executive contract with the Polish State Armament Agency ...
Dec 04, 2023 (Gmt+09:00)
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Supply chainChina’s urea halts raise specter of another logistics crisis in Korea
China has halted customs clearance on its exports of urea, a substance used to reduce carbon emissions in diesel vehicles, raisi...
Dec 04, 2023 (Gmt+09:00)
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Electric vehiclesKia EV9 sweeps European awards, sees strong US pre-orders
The Kia EV9, the flagship large all-electric sport utility vehicle of South Korea’s No. 2 automaker, is sweeping major ind...
Dec 04, 2023 (Gmt+09:00)