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The Deep DiveS.Korea’s love of luxury ushers in 3rd wave of bling boom
Global luxury brands from Louis Vuitton to Chanel and Thom Browne are readying themselves for a third wave of the luxury boom in...
Feb 09, 2023 (Gmt+09:00)
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AutomobilesS.Korea to fine German carmakers for alleged R&D collusion
South Korea’s antitrust body has preliminarily decided to impose a combined fine of 42.3 billion won ($33.5 million) on fo...
Feb 09, 2023 (Gmt+09:00)
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Leadership & ManagementKT under pressure for transparency, fairness to pick new CEO, again
South Korea’s leading telecommunications company KT Corp. will pick a new chief executive after it came under fire...
Feb 09, 2023 (Gmt+09:00)
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Korean startupsSeoul to run $3.9 billion fund for startups over 4 years
The local government of South Korea’s capital city Seoul this year will launch its own vision fund, dubbed the Seoul Visio...
Feb 09, 2023 (Gmt+09:00)
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IPOsOasis IPO draws tepid interest from institutional investors
South Korean grocery delivery platform Oasis Corp. saw lukewarm interest from domestic institutional investors during the Feb. 7...
Feb 09, 2023 (Gmt+09:00)
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Bio & PharmaHLB’s Rivoceranib, Hengrui's Camrelizumab approved as combination therapy in China
South Korea's HLB Co. announced on Thursday that the combination therapy of its drug candidate rivoceranib and Jiangsu Hengrui P...
Feb 09, 2023 (Gmt+09:00)
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Tech, Media & TelecomSamsung to supply advanced 5G network equipment to KDDI
South Korea’s tech giant Samsung Electronics Co. has been chosen as the supplier of advanced fifth-generation network equi...
Feb 09, 2023 (Gmt+09:00)
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Hydrogen economyDoosan joins forces with S.Australian gov't to expand hydrogen business
Doosan Fuel Cell plans to expand its hydrogen business overseas. The company on Thursday said it had signed an agreement wi...
Feb 09, 2023 (Gmt+09:00)
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Aerospace & DefenseLIG Nex1 to work with Romanian state-run defense supplier
South Korea's defense contractor LIG Nex1 Co. will join hands with ROMARM, a Romanian state-run defense company, to develop anti...
Feb 09, 2023 (Gmt+09:00)
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Hydrogen economyS.Korean firms showcase hydrogen offerings in United States
South Korean energy ministry and major Korean companies including Hyundai Motor Co., SK E&S, and Korea Zinc Co. participated...
Feb 09, 2023 (Gmt+09:00)
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Tech, Media & TelecomSK Telecom develops reconfigurable surface tech for 6G transmission
SK Telecom Co. on Thursday said it developed the world's first reconfigurable intelligent surface (RIS) technology that transmit...
Feb 09, 2023 (Gmt+09:00)
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Tech, Media & TelecomKT DS secures global standard certification for Smart-X
KT DS, an IT service arm of South Korea's KT Group, said on Thursday that its Internet-of-Things (IoT) solution Smart-X has pass...
Feb 09, 2023 (Gmt+09:00)
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Artificial intelligenceS.Korea's Lunit supplies breast cancer imaging solution to UAE
South Korean medical AI company Lunit has supplied its breast cancer imaging analysis solution — Agfa HealthCare Enterpris...
Feb 09, 2023 (Gmt+09:00)
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EnergyHyundai Eng. promotes MMR nuclear power plant project in Poland
Hyundai Engineering is promoting a micro module nuclear power plant project in Poland, on the heels of completing a similar proj...
Feb 09, 2023 (Gmt+09:00)
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Bio & PharmaHanmi Pharmaceutical reports record-high revenue in 2022
South Korea's Hanmi Pharmaceutical Co. last year saw record-high performance thanks to its self-developed drugs, surpassing its ...
Feb 09, 2023 (Gmt+09:00)
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RetailPhilip Morris aims to top Korea's heated-tobacco market with Iluma
Philip Morris International Inc., a major US tobacco maker, aims to regain the throne in South Korea's competitive heat-not-burn...
Feb 09, 2023 (Gmt+09:00)
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Banking & FinanceShinhan Financial returns to top in Korea with record NP in 2022
Shinhan Financial Group Co. reported a record-high net profit of 4.6 trillion won ($3.6 billion) last year, snatching back the c...
Feb 09, 2023 (Gmt+09:00)
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CryptocurrenciesBinance acquires majority stake in S.Korea's crypto exchange Gopax
Binance, the leading cryptocurrency exchange globally, has acquired a majority stake in South Korea's Gopax by purchasing CEO Le...
Feb 09, 2023 (Gmt+09:00)
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ESGChanel Korea to power its stores with renewable energy
Chanel Korea has taken a step toward reducing its carbon footprint by signing a memorandum of understanding (MOU) with Korea Eas...
Feb 09, 2023 (Gmt+09:00)
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Korean stock marketIndividual investors in S.Korea betting on stock market's decline
Despite South Korea's Kosdaq stock market growing this month following the "January rally," individual investors in the country ...
Feb 09, 2023 (Gmt+09:00)
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Korean startups3D content specialist NdotLight attracts $6 million
3D content technology startup NdotLight Co. said Wednesday that it has raised 8 billion won ($6.3 million) in Series A funding.I...
Feb 09, 2023 (Gmt+09:00)
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Banking & FinanceKakao Bank announces record-high performance in 2022
South Korea's KakaoBank Corp. on Wednesday said its net profit last year reached a record-high 263.1 billion won ($208.6 million...
Feb 09, 2023 (Gmt+09:00)
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IPOsS.Korea's InnoGene sets its public offering price at 3,000 won
InnoGene, which is seeking to be listed on the Kosdaq market at the end of this month, said on Wednesday that it has confirmed i...
Feb 09, 2023 (Gmt+09:00)