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  • Economy
    South Korea’s 2025 minimum wage rises 1.7%; SMEs seen suffering

    South Korea has set next year’s hourly minimum wage at 10,030 won ($7.3) – a 1.7% increase from this year’s 9,...

    Jul 12, 2024 (Gmt+09:00)

  • Investment banking
    Samsung Securities’ IB head to quit amid talent outflow

    Lee Jae-hyun, who has led one of Samsung Securities Co.'s investment banking divisions for two years, has recently expressed his...

    Jul 12, 2024 (Gmt+09:00)

  • Sports
    Twentysomething women become mainstream Korean baseball fans

    South Korea is a fast-aging country, where one in every five people is 65 years old or older. But it is a different story for th...

    Jul 12, 2024 (Gmt+09:00)

  • Electronics
    Samsung Chairman Lee visits India for Ambani wedding

    Samsung Electronics Co. Chairman Jay Y. Lee on Thursday visited India for the wedding of Anant Ambani — the youngest son o...

    Jul 12, 2024 (Gmt+09:00)

  • Shipping & Shipbuilding
    Hanwha Ocean to cut CO2 emissions from ships with smart lighting

    Hanwha Ocean Co., South Korea's third-largest shipbuilder, said on Friday it has won an approval in-principle (AIP) certificate ...

    Jul 12, 2024 (Gmt+09:00)

  • Automobiles
    Kumho Tire to supply tires for Alpine Class

    South Korea's Kumho Tire Co. announced on Friday that it will exclusively supply high-performance tires for the Renault high-per...

    Jul 12, 2024 (Gmt+09:00)

  • Batteries
    Samsung SDI, Sungkyunkwan Univ. to develop battery engineer

    Samsung SDI Co., the world’s sixth-largest electric vehicle cell maker, will establish a Department of Battery Engineering...

    Jul 12, 2024 (Gmt+09:00)

  • Electric vehicles
    Genesis GV60 Magma to enter production in 2025; hybrid model eyed

    When Hyundai Motor Co. unveiled the Genesis GV60 Magma Concept at Genesis House New York this March, the premium brand’s c...

    Jul 12, 2024 (Gmt+09:00)

  • Insurance
    Kyobo Lifeplanet, FWD Hong Kong to collaborate on GenAI

    South Korea's Kyobo Lifeplanet Life Insurance Co. announced on Friday that it signed a memorandum of understanding with Hong Kon...

    Jul 12, 2024 (Gmt+09:00)

  • Chemical Industry
    Hyosung to sell its specialty gas unit for $943 mn to Korean PEs

    South Korea’s Hyosung Group is poised to sell a 100% stake in its specialty and industrial gas unit to a consortium led by...

    Jul 12, 2024 (Gmt+09:00)

  • Banking & Finance
    Hana Financial mulls non-banking M&As for growth: CEO

    Hana Financial Group, one of South Korea's top five financial groups, is mulling mergers and acquisitions in non-banking sectors...

    Jul 12, 2024 (Gmt+09:00)

  • Energy
    Hanwha Q Cells gets solar power plant order in Colorado

    Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Thursday that it has secure...

    Jul 12, 2024 (Gmt+09:00)

  • Tech, Media & Telecom
    Millie Seojae introduces AI book reader

    Millie Seojae, the e-book platform subsidiary of South Korea's KT Corp., announced on Thursday that it introduced an AI text-to-...

    Jul 12, 2024 (Gmt+09:00)

  • Shipping & Shipbuilding
    HD Hyundai qualifies to compete for US Navy MRO

    South Korea's HD Hyundai Heavy Industries Co. announced on Thursday that it signed a Ship Maintenance Relations Agreement (MSRA)...

    Jul 12, 2024 (Gmt+09:00)

  • Bio & Pharma
    Samsung Elec invests in US bio startup Element Biosciences

    Samsung Electronics Co., the world’s top memory chipmaker, said on Friday it has invested in US biotech startup Element Bi...

    Jul 12, 2024 (Gmt+09:00)

  • Korean startups
    Routinery readies for new chapter with 2.0

    Born in South Korea but blowing up abroad, the Routinery app is designed to make small changes in users' daily routines to make ...

    Jul 12, 2024 (Gmt+09:00)