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Korean SMEsKorean boiler makers set sights on Central, South America
South Korea’s major boiler manufacturers are stepping up overseas expansion to diversify beyond the saturated domestic mar...
Aug 07, 2023 (Gmt+09:00)
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Banking & FinanceKorea’s time deposit rates head north on higher bank bonds’ coupon
South Korea’s commercial banks have joined thrifts and credit unions in a race to offer their time deposit holders higher ...
Aug 07, 2023 (Gmt+09:00)
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Mergers & AcquisitionsKDB girds up for Korean Air-Asiana deal collapse with Plan B
The state-run Korea Development Bank (KDB) is looking for alternative options to sell Asiana Airlines Inc. to prepare against a ...
Aug 07, 2023 (Gmt+09:00)
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EarningsKT earnings beat estimates in Q2; shares hit 6-month high
KT Corp., South Korea’s leading telecommunications carrier, reported better-than-expected earnings in the second quarter o...
Aug 07, 2023 (Gmt+09:00)
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Pension fundsS.Korea's NPS sells off Australian warehouse equity at $368 mn
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, said on Monday it has sold off a 50...
Aug 07, 2023 (Gmt+09:00)
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Business & PoliticsBullet maker Poongsan chief Ryu’s new role: Korea’s top business lobbyist
Jin Roy Ryu, chairman of South Korea’s leading copper smelter and defense equipment maker Poongsan Corp., has been...
Aug 07, 2023 (Gmt+09:00)
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BatteriesLotte Energy ups elecfoil factory capacity in Spain to 30,000 tons
Lotte Energy Materials Corp., formerly Iljin Materials Co., will build a smart factory in Catalonia, Spain to produce 30,000 ton...
Aug 07, 2023 (Gmt+09:00)
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Korean gamesSmilegate to host CFS Summer Championship 2023 in Vietnam
Smilegate Entertainment, a South Korean game developer and publisher, announced on Monday that it will host the "CFS Summer Cham...
Aug 07, 2023 (Gmt+09:00)
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BatteriesSK Nexilis to sell copper foil to German battery maker Varta
South Korea’s SK Nexilis Co. is set to supply copper foil, core materials for electric vehicle cells, to German battery ma...
Aug 07, 2023 (Gmt+09:00)
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Construction & PlanningHeerim wins supervision contract for Vietnam's Long Thanh Airport
South Korea's Heerim Architects & Planners announced on Monday that it has signed a construction-phase supervision and advis...
Aug 07, 2023 (Gmt+09:00)
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AutomobilesLG Display receives Bosch top supplier award for vehicle displays
South Korea's display maker LG Display Co. announced on Monday that it has received the "Bosch Global Supplier Award" from Bosch...
Aug 07, 2023 (Gmt+09:00)
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RoboticsLG Uplus announces expansion of robot business from serving to logistics
South Korea’s third-largest mobile carrier, LG Uplus Corp., said on Monday that it will expand its robot business from the...
Aug 07, 2023 (Gmt+09:00)
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BatteriesLG Energy Solution tops global EV battery market excluding China in H1
South Korea's LG Energy Solution Ltd. in the first half of this year retained its No. 1 ranking on the global market for electri...
Aug 07, 2023 (Gmt+09:00)
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RetailS.Korea's Lotte Department Store launches 'K-Beauty' tour service
South Korea's Lotte Department Store on Monday announced the launch of a "K-Beauty tour" service for foreign tourists.The compan...
Aug 07, 2023 (Gmt+09:00)
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Fiber & TextileThe North Face supplier Youngone hints at succession plan
Youngone Corp., a South Korean outdoor clothing maker to global brands like The North Face and Patagonia, has given a clearer ...
Aug 07, 2023 (Gmt+09:00)
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ESGLG 1st in South Korea’s ESG rankings for 2nd year
LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, ranked No. 1 in the country’s e...
Aug 07, 2023 (Gmt+09:00)
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AutomobilesSanta Fe, Sorento, Torres to lead mid-sized SUV sales war in Korea
Three leading South Korean automakers – Hyundai Motor Co., Kia Corp. and KG Mobility Corp. – are upping the ante in ...
Aug 07, 2023 (Gmt+09:00)
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Banking & FinanceWoori Bank teams up with BuildBlock on US real estate services
South Korea's Woori Bank and US real estate platform operator BuildBlock have entered into a strategic memorandum of understandi...
Aug 07, 2023 (Gmt+09:00)
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Food & BeverageOurhome strikes catering deal with Vietnam's FPT Education
A prominent South Korean food service provider Ourhome Ltd. disclosed on Monday that it has penned a memorandum of understanding...
Aug 07, 2023 (Gmt+09:00)
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Travel & LeisureS.Korea's No. 1 flight route in 2023 is Incheon-Osaka
South Korea's most popular international flight route in the first half of this year was between Incheon International Airport a...
Aug 07, 2023 (Gmt+09:00)
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Banking & FinanceKB Kookmin Bank launches integrated bank in Cambodia
South Korea’s KB Kookmin Bank on Sunday said it received final approval on Friday from Cambodia’s Ministry of Commer...
Aug 07, 2023 (Gmt+09:00)