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AutomobilesMojave Proving Ground: Backbone of Hyundai, Kia’s success in US
CALIFORNIA CITY, Calif. – The Mojave Desert, known by locals as the "high desert," lies some 170 km northeast of Los Angel...
Jan 15, 2024 (Gmt+09:00)
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Mergers & AcquisitionsOrion to buy control of biotech startup LegoChem for $415 mn
South Korea’s snack and confectionery maker Orion Group has agreed to buy a controlling stake in LegoChem Biosciences Inc....
Jan 15, 2024 (Gmt+09:00)
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Real estateWeWork’s downsizing plan in Korea to hit office market
Coworking space provider WeWork Inc. plans to downsize its business in South Korea, according to banking sources on Sunday. Mark...
Jan 15, 2024 (Gmt+09:00)
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Mergers & AcquisitionsLotte Chem’s sale of Pakistani PTA unit falls through
Lotte Chemical Corp.'s plan to sell off its Pakistani PTA subsidiary to local chemicals producer Lucky Core Industries Ltd. has ...
Jan 15, 2024 (Gmt+09:00)
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ElectronicsSamsung unveils next-gen signage platform for B2B push
Samsung Electronics Co., the world’s top TV maker by sales, on Monday launched a next-generation signage operations platfo...
Jan 15, 2024 (Gmt+09:00)
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AutomobilesHyundai Motor to invest $845 million to expand India’s Talegaon plant
South Korea’s top automaker Hyundai Motor Co. will invest 70 billion Indian rupees ($845 million) to expand and upgrade it...
Jan 15, 2024 (Gmt+09:00)
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K-popBillboard to establish subsidiary in S.Korea in June 2024
The globally recognized American music entertainment media brand Billboard, known for its music charts, has announced the launch...
Jan 15, 2024 (Gmt+09:00)
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BatteriesSamsung SDI to invest in Canada Nickel, new mine in Canada
Samsung SDI Co. has agreed to invest $18.5 million in Canada Nickel Company Inc. to secure steady supplies of nickel and cobalt,...
Jan 15, 2024 (Gmt+09:00)
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MetaverseHyundai Motor launches 'Hyundai Future Adventure' on Roblox
Hyundai Motor Co. announced on Monday that it will launch a new game "Hyundai Future Adventure" on the popular metaverse platfor...
Jan 15, 2024 (Gmt+09:00)
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Pension fundsNPS bets on Samsung Electro-Mechanics, sells POSCO stocks in Q4
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, saw the amount of listed local...
Jan 15, 2024 (Gmt+09:00)
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Mergers & AcquisitionsOCI-Hanmi merger to create Korea’s Bayer: OCI Chairman
Merging into one team, OCI Group and Hanmi Pharmaceutical Group will leap forward to be a global novel drug manufacturing and ...
Jan 15, 2024 (Gmt+09:00)
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Korean foodBulgogi & ramyun top Jeju Air's in-flight menu in 2023
South Korea'st budget carrier Jeju Air Co. announced on Monday that its most popular in-flight meals and cabin cafe items in 202...
Jan 15, 2024 (Gmt+09:00)
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Korean foodBibigo, K-food a success case in Harvard Business School study
Harvard Business School students are set to study the success of South Korean foods in the global market through the case of Bib...
Jan 15, 2024 (Gmt+09:00)
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Korean innovators at CES 2024Samsung Electronics expands Tizen OS to AI robot Ballie
South Korea's Samsung Electronics Co. has applied its self-developed Tizen operating system (OS) to the artificial intelligence ...
Jan 15, 2024 (Gmt+09:00)
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Bio & PharmaJW Pharma takes gout drug Epaminurad to Malaysia for phase 3
South Korea's JW Pharmaceutical Corp., announced on Monday that it has received approval from the Malaysian National Pharmaceu...
Jan 15, 2024 (Gmt+09:00)
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Business & PoliticsFormer Hyundai Mobis CEO embarks on ISO president term
In a significant achievement for South Korea, Cho Sung-hwan, an advisor to Hyundai Mobis, has been elected as the first Korean p...
Jan 15, 2024 (Gmt+09:00)