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Corporate restructuringYanolja to restructure affiliates to boost profit before Nasdaq IPO
South Korea’s top travel and accommodation booking platform operator Yanolja Co. is seeking to streamline and restructure ...
Aug 13, 2024 (Gmt+09:00)
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Retail7-Eleven ratchets up sports marketing to take on GS25, CU
7-Eleven, the third-largest convenience store chain in South Korea, is challenging its bigger rivals GS25 and CU, attracting cus...
Aug 13, 2024 (Gmt+09:00)
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Electric vehiclesHyundai to develop EREV powertrain for electric pickup, Santa Fe, GV70
South Korea’s top automaker Hyundai Motor Group is developing a next-generation powertrain, known as a range extender, for...
Aug 13, 2024 (Gmt+09:00)
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WebtoonsGoogle to target global webtoon sector with Korean creators
BENGALURU – Google is teaming up with South Korean creators to target the global webtoon industry, spurring expectations t...
Aug 13, 2024 (Gmt+09:00)
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EarningsFood giant CJ CheilJedang's profits rise for 3rd straight quarter
South Korean food giant CJ CheilJedang Corp.'s quarterly operating profit increased for the third consecutive quarter, reversing...
Aug 13, 2024 (Gmt+09:00)
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Tech, Media & TelecomRaonSecure wins order for Indonesia's digital ID project
South Korean cybersecurity firm RaonSecure Co. announced on Tuesday that it secured a project for Indonesia's integrated digital...
Aug 13, 2024 (Gmt+09:00)
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Bio & PharmaCostco sells Celltrion's Yuflyma Low WAC in US
South Korea's Celltrion Inc. announced on Tuesday that its autoimmune disease treatment Yuflyma (Low WAC, active ingredient adal...
Aug 13, 2024 (Gmt+09:00)
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Banking & FinanceKorean pension subscribers show ultra-low risk tolerance
South Korean pension plan subscribers prefer to protect their money rather than taking risks for capital gains despite the gover...
Aug 13, 2024 (Gmt+09:00)
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RoboticsRainbow Robotics develops 4-legged counter-terrorism robot
Samsung Electronics Co.-backed Rainbow Robotics Co. has delivered its multi-legged counter-terrorism robots to the South Korean ...
Aug 13, 2024 (Gmt+09:00)
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ConstructionS.Korea, Vietnam complete Smart City Cooperation Center in Hanoi
The South Korean Ministry of Land, Infrastructure and Transport announced on Tuesday that it completed the construction of the K...
Aug 13, 2024 (Gmt+09:00)
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ElectronicsSamsung, Trek Bicycle launch Ultra Riding Challenge
Samsung Electronics Co. said on Tuesday that it launched the Ultra Riding Challenge in collaboration with global bicycle brand T...
Aug 13, 2024 (Gmt+09:00)
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Mergers & AcquisitionsFashion OEM Hansae bids for GM Korea supplier Erae AMS
The holding company of Hansae Co., a leading global apparel original equipment manufacturer (OEM), is eyeing expansion into auto...
Aug 13, 2024 (Gmt+09:00)
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Korean stock marketKorea’s retail investors buy stocks on dips in turmoil
South Korea’s individual investors took the recent turmoil in stock markets as an opportunity to buy shares at home and ab...
Aug 13, 2024 (Gmt+09:00)
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Korean stock marketMSCI Korea Index adds LS Electric
South Korea's LS Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index, MSCI announced on Tu...
Aug 13, 2024 (Gmt+09:00)
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Hydrogen economyDoosan Fuel Cell wins $73 mn hydrogen fuel cell contract
South Korea's Doosan Fuel Cell has secured a 100 billion won ($72.93 million) contract for the maintenance of hydrogen fuel cell...
Aug 13, 2024 (Gmt+09:00)