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Business & PoliticsUAE state funds gear up for $30 bn S.Korean investment
Senior officials of the Abu Dhabi Investment Authority (ADIA) and other major sovereign funds of the United Arab Emirates (UAE) ...
May 19, 2023 (Gmt+09:00)
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Leadership & ManagementLG leader Koo seeks new growth drivers at group strategy meetings
Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, is seeking new growth drivers by hosting strategy ...
May 19, 2023 (Gmt+09:00)
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Korean stock marketForeigners gobble up chip stocks in S.Korea, buoying overall Kospi
Foreign investors' appetite for South Korean stocks remains insatiable, mainly for semiconductor heavyweights, underscoring thei...
May 19, 2023 (Gmt+09:00)
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Mergers & AcquisitionsSKC to buy controlling stake in chip test maker ISC for about $300 mn
SKC Ltd., a South Korean chemical materials company, is slated to buy a controlling stake in semiconductor chip test maker ISC C...
May 19, 2023 (Gmt+09:00)
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Artificial intelligenceHanatour unveils ChatGPT-based travel information service
Hanatour Service Inc. announced on Friday the introduction of its beta service, "Travel Information AI," on Friday. The service ...
May 19, 2023 (Gmt+09:00)
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Bio & PharmaHLB submits new drug application to FDA for Rivoceranib liver cancer drug
HLB Co. announced on May 17 that it has submitted a new drug application (NDA) to the US Food and Drug Administration (FDA) for ...
May 19, 2023 (Gmt+09:00)
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Shipping & ShipbuildingHD KSOE wins order $88 mn for two product carriers
HD Hyundai's shipbuilding intermediate holding company, HD Korea Shipbuilding & Offshore Engineering (HD KSOE), said on Fr...
May 19, 2023 (Gmt+09:00)
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AutomobilesHyundai’s design inspiration: Pony Concept restored after 50 years
For Hyundai Motor Co., the Pony – its first car – is a bittersweet memory.When Hyundai set its sights on car manufac...
May 19, 2023 (Gmt+09:00)
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Aerospace & DefenseHanwha Systems soon to install radar on S.Korea fighter jet
The active electronically scanned array (AESA) radar developed jointly by the Agency for Defense Development (ADD) and defense c...
May 19, 2023 (Gmt+09:00)
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Hydrogen economyKorea's SK E&S plans $14 bn joint investment in hydrogen biz
South Korea’s SK E&S Co. is poised to spend 18.5 trillion won ($13.9 billion) with partners by 2025 to set up a hydrog...
May 19, 2023 (Gmt+09:00)
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Fiber & TextileHansae to build eco-friendly clothing plant in Vietnam
South Korean textile and clothing maker Hansae on Friday announced plans to build a plant in Vietnam to expand production of eco...
May 19, 2023 (Gmt+09:00)
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ASK 2023Funding gap creates opportunities in private real estate debt: ASK 2023
Global real estate investors will see the funding gap continue for a while, which creates opportunities for private debt in the ...
May 19, 2023 (Gmt+09:00)
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Bio & PharmaS.Korea's Osteonic starts sports medicine exports to Japan
South Korea's surgical and medical instruments maker Osteonic Co. on Thursday announced the start of exports of its Kinex sports...
May 19, 2023 (Gmt+09:00)
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Capital raisingLS Group's US affiliate SPSX to raise $150 mn in pre-IPO
LS Group’s US cable affiliate Superior Essex (SPSX) plans to raise $150 million (200 billion won) via a South Korean priva...
May 19, 2023 (Gmt+09:00)
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Travel & LeisureDesigner of 2018 Winter Olympic cauldron returns with solo golf cart
Personal space has become more important since the COVID-19 pandemic swept the world, and one South Korean-led industrial design...
May 19, 2023 (Gmt+09:00)
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AirlinesKorean Air-Asiana merger hits roadblock in US, Europe
The proposed merger between South Korea’s two largest airlines hit a roadblock in the West as a media outlet reported that...
May 19, 2023 (Gmt+09:00)
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Waste managementSK C&C to develop solution to prevent recycling fraud
SK C&C, an information and communications technology affiliate of South Korea’s SK Group, on Thursday said it is devel...
May 19, 2023 (Gmt+09:00)
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EntertainmentKakao migrates global webtoon service environment to Google Cloud
South Korea's Kakao Entertainment Corp., a unit of South Korea’s mobile platform giant Kakao Corp. is joining forces with ...
May 19, 2023 (Gmt+09:00)
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MachineryHanmi Semiconductor named world’s top 10 chip equipment maker
South Korean chip equipment maker Hanmi Semiconductor Co. on Thursday said it made the world’s top 10 in the rankings of T...
May 19, 2023 (Gmt+09:00)
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BatteriesLG Energy Solution secures lithium concentrate in N.America
South Korea's battery maker LG Energy Solution Ltd. announced on Friday that it has signed a lithium concentrate supply contra...
May 19, 2023 (Gmt+09:00)
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ASK 2023US office recovery will be slow in volatile market: Korean investors
Increased rates will impact global real estate deals and slash property values, according to major institutional investors in So...
May 19, 2023 (Gmt+09:00)