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IPOsS.Korean grocery delivery platform Oasis drops IPO on weak demand
Oasis Corp., a South Korean grocery delivery platform, decided to withdraw its local initial public offering plan on Feb. 13 ami...
Feb 13, 2023 (Gmt+09:00)
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Korean chipmakersSamsung, SK Hynix: key beneficiaries of ChatGPT fever
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, stand to benefit from the global pop...
Feb 13, 2023 (Gmt+09:00)
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ConstructionKorean builders to ramp up overseas business in 2023
Major South Korean construction firms are set to expand their overseas business while reducing domestic projects this year to bo...
Feb 13, 2023 (Gmt+09:00)
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PetrochemicalsLotte Fine Chemical transforms from ugly duckling to golden swan
For Samsung Group, the fine chemicals business was an ugly duckling losing money while other affiliates, including Samsung Elect...
Feb 13, 2023 (Gmt+09:00)
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EconomyTreasury yield falls signal BOK's looser grip on inflation
The yield on South Korea’s benchmark three-year treasury bonds has stayed below the base rate for a month, out of sync wit...
Feb 13, 2023 (Gmt+09:00)
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EconomyS.Korea’s trade outlook dismal in Feb with stagnant exports
South Korea’s trade deficit in just the first 40 days of this year inched close to 40% of its worst-ever annual deficit la...
Feb 13, 2023 (Gmt+09:00)
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Bio & PharmaGC Biopharma, Sanofi to jointly market Plavix
GC Biopharma Co. (formerly Green Cross Corp.) said on Monday it has entered into a joint sales partnership with Sanofi-Aventis K...
Feb 13, 2023 (Gmt+09:00)
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Real estateZigbang signs agreement with Saudi's National Housing Company
On Monday, South Korean proptech company Zigbang announced a partnership with Saudi Arabia's National Housing Company with the g...
Feb 13, 2023 (Gmt+09:00)
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Artificial intelligenceS.Korean IT firms rush for tie-ups to compete with ChatGPT
South Korean tech companies are rushing to form partnerships in different sectors to develop superior AI services to compete wit...
Feb 13, 2023 (Gmt+09:00)
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Advertising & MarketingS.Korea's Kyung Dong Navien expands its business in Central Asia
South Korea's heating systems manufacturer Kyung Dong Navien Co. held a conference for 100 local dealers in Tashkent, Uzbekistan...
Feb 13, 2023 (Gmt+09:00)
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Artificial intelligenceS.Korean AI chip developer Rebellions releases Atom SoC
South Korean AI chip developer Rebellions Inc. announced on Monday the release of its AI chip Atom, a system-on-chip (SoC) desig...
Feb 13, 2023 (Gmt+09:00)
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ESGResponsible mineral sourcing key to Korean battery materials makers
South Korea’s battery materials makers are stepping up their efforts to conform to environmental, social and governance (E...
Feb 13, 2023 (Gmt+09:00)
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AutomobilesHyundai's cumulative EV sales in US surpass 100,000
Hyundai Motor Group has achieved over 100,000 cumulative electric vehicle (EV) sales in the US market since 2014. The group's th...
Feb 13, 2023 (Gmt+09:00)
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ConstructionS.Korea's Hoban Group signs agreement with Aramco for cooperation
Hoban Group, South Korea's construction, property development, and manufacturing conglomerate, said Monday that it has signed a ...
Feb 13, 2023 (Gmt+09:00)
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Beauty & CosmeticsOlive Young exports K-beauty products to Middle East
Olive Young, a health and beauty platform, has begun targeting the Middle Eastern cosmetics market.South Korea's CJ Olive Young,...
Feb 13, 2023 (Gmt+09:00)
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Aerospace & DefenseKepco E&C takes first step in protecting nuclear power plants from drones
Kepco Engineering & Construction Co. has teamed up with South Korea's defense company Terra Defense to establish a system ai...
Feb 13, 2023 (Gmt+09:00)
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Tech, Media & TelecomLG U+, Plana jointly research data transmission tech for urban air mobility
South Korea's LG Uplus Corp. and Plana, a domestic startup for urban air transportation (UAM) craft, have signed a business deal...
Feb 13, 2023 (Gmt+09:00)
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ElectronicsLG provides electronics service training to Cambodian youths
LG Electronics Inc. said on Sunday that it is offering technology training to help talented Cambodian youths become more self-re...
Feb 13, 2023 (Gmt+09:00)
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EarningsHMM’s operating profit to fall 80% in 2023 on easing freight rates
South Korea’s sea flag carrier HMM Co. is expected to suffer an over-80% plunge in operating profit this year due to a dow...
Feb 13, 2023 (Gmt+09:00)
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Bio & PharmaHanall Biopharma invests in Interon Labs for brain disease treatments
South Korean pharmaceuticals firm Hanall Biopharma Co. is investing in Interon Laboratories, a US biotech firm that finds and de...
Feb 13, 2023 (Gmt+09:00)
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Artificial intelligenceSK Telecom doubles capacity of its AI service's supercomputer Titan
South Korea's SK Telecom Co. on Sunday said it had doubled the processing capacity of its supercomputer Titan, the brain of its ...
Feb 13, 2023 (Gmt+09:00)
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ECM/DCMS.Korean listed companies' cancelled shares reach $8.6 bn over past 3 years
South Korea's listed companies have cancelled 11 trillion won ($8.6 billion) worth of shares over the past three years.The Korea...
Feb 13, 2023 (Gmt+09:00)
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Electric vehiclesHyundai Engineering builds nationwide EV infrastructure
South Korea's Hyundai Engineering on Sunday said the country's Ministry of Environment selected the company to receive electric ...
Feb 13, 2023 (Gmt+09:00)