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AutomobilesSsangyong Motor swings to first quarterly profit in six years
South Korea’s Ssangyong Motor Co. posted its first quarterly operating profit in six years, powered by brisk sales of the ...
Jan 18, 2023 (Gmt+09:00)
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Bio & PharmaGC Biopharma's Sanfilippo treatment eligible for FDA priority review
GC Biopharma Corp. said on Wednesday that its Sanfilippo type A treatment, which is under joint development with Novel Pharma, a...
Jan 18, 2023 (Gmt+09:00)
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ElectronicsSamsung touts Galaxy S23 Ultra smartphone as best of the best
Get ready for the best of the best, says Samsung Electronics Co.'s mobile business chief days before its Galaxy Unpacked 2023 ev...
Jan 18, 2023 (Gmt+09:00)
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EntertainmentGolfzon takes part in PGA Merchandise Show in Florida
South Korea's indoor golf simulator maker Golfzon Co. said Wednesday that it would participate in the 2023 PGA Merchandise Show ...
Jan 18, 2023 (Gmt+09:00)
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EnergyDL E&C, Doosan to invest $25 mn in SMR developer X-Energy
South Korea’s DL E&C Co. and Doosan Enerbility Co. will invest a combined $25 million in X-Energy Reactor Co., a US-ba...
Jan 18, 2023 (Gmt+09:00)
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AutomobilesHyundai's four models selected among Car & Driver's best 10 Trucks & SUVs
Hyundai Motor Group said on Wednesday that Hyundai IONIQ5, Kia EV6, Kia Telluride, and Genesis GV70 were selected as the 2023 Be...
Jan 18, 2023 (Gmt+09:00)
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Electric vehiclesSK E&S moves into EV charging market
South Korea's liquefied petroleum gas supplier SK E&S said on Wednesday that its subsidiary Parking Cloud will begin electri...
Jan 18, 2023 (Gmt+09:00)
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Food & BeverageLotte to invest $55 mn in Indian ice cream subsidiary for 5 years
South Korea-based Lotte Confectionery Co. will invest 4.5 billion rupees ($55.1 million) in its Indian unit Havmor Ice Cre...
Jan 18, 2023 (Gmt+09:00)
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Banking & FinanceBC Card eyes Central Asian payment market entry this year
South Korea's financial services company BC Card said on Wednesday that it would seek to enter the Central Asian market this yea...
Jan 18, 2023 (Gmt+09:00)
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Debt financingHyosung Chemical fails to sell any bonds in demand forecast
South Korea's Hyosung Chemical has failed to receive a single purchase order in its demand forecast for corporate bond issuance....
Jan 18, 2023 (Gmt+09:00)
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ElectronicsSamsung to open Galaxy Experience Spaces for Galaxy Unpacked
Samsung Electronics Co. will open 29 interactive Galaxy Experience Spaces in 24 locations in 19 countries, following the Galaxy ...
Jan 18, 2023 (Gmt+09:00)
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EconomyS.Korea's GNI per capita falls in 2022 on foreign exchange fluctuation
South Korea's gross national income (GNI) per capita last year likely fell under $35,000, a figure first reached in 2021, due to...
Jan 18, 2023 (Gmt+09:00)
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Mergers & AcquisitionsWoori Financial to acquire VC firm Daol Investment
South Korea’s Woori Financial Group is set to acquire Daol Investment Co., a venture capital arm of the liquidity-strapped...
Jan 18, 2023 (Gmt+09:00)
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Future mobilitySK Innovation-invested Amogy tests ammonia-powered heavy truck
Amogy Inc. has successfully tested its ammonia-hydrogen power system for large-size semi trucks – the first time that ammo...
Jan 18, 2023 (Gmt+09:00)
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ElectronicsGlobal shipments of foldable smartphones to jump 44% this year: Report
Amid forecasts of a dull global market for smartphones due to the economic downturn, a report says foldable models alone will ma...
Jan 18, 2023 (Gmt+09:00)
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Bio & PharmaMedPacto's anti-cancer substance designated as US FDA fast-track item
South Korean biotech company MedPacto Inc. ’s Vactosertib monotherapy for osteosarcoma patients has been designated as a f...
Jan 18, 2023 (Gmt+09:00)
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Aerospace & DefenseS.Korean fighter jet KF-21 makes first supersonic flight
The first prototype of the South Korean fighter jet KF-21 Boramae on Tuesday made its first supersonic flight six months since i...
Jan 18, 2023 (Gmt+09:00)
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Bio & PharmaDaewoong accelerates investment in CDMO business
Daewoong, the holding company of South Korea's pharmaceutical-oriented Daewoong Group, is speeding up its pace to beef up its co...
Jan 18, 2023 (Gmt+09:00)
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Travel & LeisureModetour signs agreement with mobility platform Danida
South Korea's travel agency network Modetour Network Inc. said Tuesday that it signed a memorandum of understanding (MOU) with m...
Jan 18, 2023 (Gmt+09:00)