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Shipping & ShipbuildingKorea’s HMM among shippers benefiting from growing Red Sea crisisThe Red Sea crisis, disrupting the passage of ships through the Suez Canal, a central artery for global trade, is a bane for exp...
Jan 05, 2024 (Gmt+09:00)
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Tech, Media & TelecomKorea’s Hancom buys document software firm ClipsoftHancom Inc., a homegrown office suite developer in South Korea, said on Friday that it has acquired local business-to-business (...
Jan 05, 2024 (Gmt+09:00)
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Corporate restructuringKorean builders scramble to ease liquidity crunch woesSouth Korean builders in financial distress are struggling to alleviate concerns over a potential liquidity crisis, which could ...
Jan 05, 2024 (Gmt+09:00)
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Bio & PharmaInventage Lab, Yuhan to co-work for obesity treatmentSouth Korea’s Inventage Lab Inc. announced on Friday that it has signed a joint development agreement with Yuhan Corp. f...
Jan 05, 2024 (Gmt+09:00)
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RoboticsLG Elec to supply robot CLOi to SE Asian golf coursesSouth Korea’s LG Electronics Inc. announced on Friday that it signed a contract with the domestic golf service platform Sm...
Jan 05, 2024 (Gmt+09:00)
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Bio & PharmaLG Chem out-licenses obesity drug candidate to US firmLG Chem Ltd. has agreed to license out a rare genetic obesity drug candidate in phase 2 clinical trials to Rhythm Pharmaceutical...
Jan 05, 2024 (Gmt+09:00)
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Hydrogen economyHyundai, Kia join hands with Gore to develop hydrogen fuel cell materialSouth Korea’s top automaker Hyundai Motor Group said on Friday it has signed an agreement with W. L. Gore & Associates...
Jan 05, 2024 (Gmt+09:00)
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Shipping & ShipbuildingHD KSOE wins $230 mn order for two VLGCsSouth Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) on Friday said it has secured its first order this ...
Jan 05, 2024 (Gmt+09:00)
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Business & PoliticsSouth Korea Boosts Security for Politicians as New Threats of Violence EmergeSEOUL—South Korea beefed up security for prominent political figures as new threats of violence materialized against top o...
Jan 05, 2024 (Gmt+09:00)
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Korean foodKorean fried chicken: World's favorite K-foodIn 2023, Korean-style fried chicken retained its crown as the most-loved Korean dish among global consumers, marking its fourt...
Jan 05, 2024 (Gmt+09:00)
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EnergyTaihan Cable wins $42 mn order for power grid in KuwaitSouth Korea's Taihan Cable & Solution Co. announced on Friday that it has won a $42 million turnkey project to build a 400kV...
Jan 05, 2024 (Gmt+09:00)
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ElectronicsLG Display to raise $494 mn through syndicated loanLG Display Co., the world’s leading manufacturer of organic light-emitting diode (OLED) panels, will raise 650 billion won...
Jan 05, 2024 (Gmt+09:00)
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North KoreaN.Korea fires more than 200 artillery shells off its west coastNorth Korea's military conducted coastal artillery fire in the western part of the country on Friday.The North Korean military f...
Jan 05, 2024 (Gmt+09:00)
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AutomobilesKia EV9 named NACTOY 2024Kia EV9, the signature large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker Kia Corp., was na...
Jan 05, 2024 (Gmt+09:00)
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E-commerceKurly’s earnings rebound may put IPO back on trackKurly Inc., South Korea’s dawn delivery pioneer of fresh produce, appears to be getting its delayed initial public of...
Jan 05, 2024 (Gmt+09:00)
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Travel & LeisureKorean travel agencies enjoy surging overseas trip demandSouth Korea’s travel agencies enjoyed strong demand for overseas trips, adding to hopes that their earnings are likely to ...
Jan 05, 2024 (Gmt+09:00)
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AutomobilesBMW overtakes Mercedes-Benz as top-selling foreign carmaker in S.KoreaBMW has overtaken Mercedes-Benz in the South Korean market, regaining the top spot in the foreign automobile sales segment for t...
Jan 05, 2024 (Gmt+09:00)