-
Korean stock marketSeoul commits $204 mn to attract foreign-invested firms by 2026
Foreign-invested enterprises (FIEs) to be set up in Seoul, South Korea from 2022 will receive increased incentives and reduction...
Nov 11, 2021 (Gmt+09:00)
-
BlockchainNCSoft to unveil NFT-based, play-to-earn games in 2022
NCSoft Corp., South Korea's leading game developer, will dip its toes into the realm of the blockchain and non-fungible tokens (...
Nov 11, 2021 (Gmt+09:00)
-
RetailSK to invest $340 mn in Vietnam’s major retail platform The CrownX
South Korea’s conglomerate SK Group said on Nov. 11 that it agreed to invest $340 million in The CrownX, a retail platform...
Nov 11, 2021 (Gmt+09:00)
-
Electric vehiclesKia to go EV-only in Europe by 2035, teases EV9 SUV concept
Kia Corp., the automaking unit of South Korea’s Hyundai Motor Group, said on Thursday it will only sell electric and fuel ...
Nov 11, 2021 (Gmt+09:00)
-
BatteriesPOSCO Chem's rise from brickworks to EV materials leader
POHANG, South Korea - When POSCO Chemical Co., better known as a refractory brick manufacturer until the early 1990s, announced ...
Nov 11, 2021 (Gmt+09:00)
-
Carbon neutralityKorea’s state electric companies to cease coal power generation by 2050
State-run utility Korea Electric Power Corp. (KEPCO) and its six subsidiaries declared an aim to cease coal power generation by ...
Nov 11, 2021 (Gmt+09:00)
-
EntertainmentDearU’s value nears YG Entertainment after strong Kosdaq debut
Shares of DearU Co., a K-pop fandom platform in South Korea, fell on Thursday, the day after a strong Kosdaq debut, which brie...
Nov 11, 2021 (Gmt+09:00)
-
Sovereign wealth fundsKIC, NongHyup, Suhyup to co-invest $300 mn in overseas hedge funds
Korea Investment Corporation (KIC) is slated to jointly invest a combined $300 million in overseas hedge funds with Korea’...
Nov 11, 2021 (Gmt+09:00)
-
EnergySeAH to supply monopiles for Orsted’s UK offshore wind farm project
SeAH Steel Holdings Corp. ’s UK subsidiary is set to supply monopiles, steel tubes that serve as a fixed foundation for of...
Nov 11, 2021 (Gmt+09:00)
-
EarningsHMM rakes in record quarterly profits on higher freight rates
HMM Co., South Korea’s largest container line, posted fresh record sales and profits in the third quarter, boosted by high...
Nov 11, 2021 (Gmt+09:00)