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Aerospace & DefenseHyundai Heavy targets $2.5 bn Saudi escort ships deal
South Korea’s Hyundai Heavy Industries Holdings Co. targets Saudi Arabia’s project for new escort ships worth up to ...
Mar 11, 2022 (Gmt+09:00)
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Korean stock marketKorea reopening stocks rally as govt. eases COVID-19 restrictions
South Korea’s reopening stocks jumped on Friday as the government eases COVID-19-curbing restrictions and as the number of...
Mar 11, 2022 (Gmt+09:00)
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Short sellingLG Energy shares at lowest since IPO on short-selling concerns
Shares of LG Energy Solution Ltd. on Friday fell to their lowest level since the top South Korean battery maker went public in J...
Mar 11, 2022 (Gmt+09:00)
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Korean chipmakersGoldman sees Samsung, SK Hynix shares up 50% over next 12 mths
The share prices of the world’s two largest memory chipmakers Samsung Electronics Co. and SK Hynix Inc. each have room to ...
Mar 11, 2022 (Gmt+09:00)
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Bio & PharmaKorea Hanmi to launch blockbuster hypertension drug in China
South Korea’s Hanmi Pharmaceutical Co. is set to launch its blockbuster high blood pressure drug Amosartan in China, the w...
Mar 11, 2022 (Gmt+09:00)
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Mergers & AcquisitionsKakao closes in on $800 mn deal to buy SM Entertainment stake
Kakao Entertainment Corp., a unit of South Korea's top mobile messenger app, is in the final stages of talks to buy a controllin...
Mar 11, 2022 (Gmt+09:00)
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EnergySuresofttech wins deal to verify NuScale’s mini reactor software
Suresofttech Co., a South Korean developer of verification tools for software quality, has won a deal to check a key system in s...
Mar 11, 2022 (Gmt+09:00)
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Edtech startup Riiid joins Fast Company's list of most innovative firms
South Korea’s AI education startup Riiid has made it onto Fast Company's annual list of the World’s Most Innovative ...
Mar 11, 2022 (Gmt+09:00)
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Food & BeverageLotte invests in Canada's edible insect food company
South Korea's Lotte Confectionery Co. has invested around 10 billion won ($8 million) in Canada’s edible insect protein pr...
Mar 11, 2022 (Gmt+09:00)