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Electric vehiclesSK On signs deal to supply NCM battery cells to Sweden’s Polestar 5 EV
SK On Co., the battery-making affiliate of South Korea’s SK Group, has signed a deal to supply nickel-cobalt-manganese (NC...
Nov 06, 2023 (Gmt+09:00)
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Foreign exchangeWon strengthens past 1,300 mark vs dollar on short-sale ban
The South Korean won continued its bull run on Monday, strengthening past the psychologically important barrier of 1,300 level a...
Nov 06, 2023 (Gmt+09:00)
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Artificial intelligenceSK Telecom invests in AI startups Allganize, Imprimed
SK Telecom Co. has invested a combined 9.4 billion won ($7.2 million) in artificial intelligence startups Allganize Inc. and Imp...
Nov 06, 2023 (Gmt+09:00)
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Corporate restructuringKakao in emergency mode under regulatory, antitrust probes
Kim Beom-soo, founder and chairman of South Korea’s largest mobile platform Kakao Corp., convened an emergency meeting wit...
Nov 06, 2023 (Gmt+09:00)
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Aerospace & DefenseKAI participates in Thailand's Defense & Security 2023
Korea Aerospace Industries Ltd. (KAI) announced on Monday it has participated in Defense & Security 2023 exhibition in Bangk...
Nov 06, 2023 (Gmt+09:00)
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Carbon neutralitySsangYong C&E to invest $616 mn in eco-friendly facilities
South Korea's cement maker SsangYong C&E Co. is investing 800 billion won ($616 million) in facilities to reduce environment...
Nov 06, 2023 (Gmt+09:00)
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Banking & FinanceDGB partners with Vietnamese IT company
South Korea's DGB Financial Group announced on Monday it signed a business agreement with the global IT company FPT Software at ...
Nov 06, 2023 (Gmt+09:00)
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Korean foodBrits to enjoy K-food Bibigo at home with delivery service
South Korean food giant CJ CheilJedang Corp. started the delivery service of its K-food brand Bibigo in the UK to accelerate the...
Nov 06, 2023 (Gmt+09:00)
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Bio & PharmaChong Kun Dang rallies on $1.3 bn deal with Novartis
Chong Kun Dang Pharmaceutical Corp.'s shares zoomed more than 25% on Monday on news that the South Korean medicine developer has...
Nov 06, 2023 (Gmt+09:00)
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EarningsKorean tire makers post double-digit Q3 profit margins; outlook bright
South Korea’s three leading tire makers posted their highest-ever quarterly profit margins in the third quarter, boosted b...
Nov 06, 2023 (Gmt+09:00)
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Korean gamesS.Korea seeks to sell 29% in game giant Nexon's holding firm
The South Korean government is planning to sell off a 29.3% stake in Tokyo-listed game giant Nexon Co.’s holding firm NXC ...
Nov 06, 2023 (Gmt+09:00)
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Short sellingKorea bans short selling; battery stocks lead market rally
South Korea has temporarily suspended short selling partly to prevent illegal, naked short selling, a decision buoying stocks he...
Nov 06, 2023 (Gmt+09:00)
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ElectronicsLG Elec to open heat pump research laboratory in Alaska
LG Electronics Inc. plans to open LG Advanced Cold Climate Heat Pump Laboratory in Alaska, the US for the development of heating...
Nov 06, 2023 (Gmt+09:00)
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Aerospace & DefenseHanwha Ocean to join Canadian patrol submarine project
South Korea's shipbuilder Hanwha Ocean Co. secured a memorandum of understanding (MOU) with four Canadian submarine tech firms a...
Nov 06, 2023 (Gmt+09:00)
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BatteriesSK Ecoplant to supply fuel cells to Irish data centers
SK Ecoplant Co., a South Korean construction engineering and waste management firm, plans to provide solid oxide fuel cells (SOF...
Nov 06, 2023 (Gmt+09:00)
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ESGSK Geo Centric switches to recycled materials for petchem packaging
South Korea’s SK Geo Centric Co. is using recycled materials for product packaging as it aims to transform itself into a g...
Nov 06, 2023 (Gmt+09:00)
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Construction & PlanningHeerim wins design contract for Hyundai Motor's Saudi plant
South Korea's Heerim Architects & Planners said on Monday it secured the architectural design contract for Hyundai Motor Co....
Nov 06, 2023 (Gmt+09:00)