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  • Automobiles
    Hyundai to sell Russian car plants at about $100 for exit

    Hyundai Motor Co., South Korea’s top carmaker, has decided to sell its plants in Russia for only about $100 to a local com...

    Dec 19, 2023 (Gmt+09:00)

  • Real estate
    Warburg Pincus’ JV to invest in Korean prime warehouses

    US private equity firm Warburg Pincus LLC said on Tuesday it will establish a joint venture in South Korea via its Asia real est...

    Dec 19, 2023 (Gmt+09:00)

  • Bio & Pharma
    Icure wins $2.85 mn lidocaine cataplasm order from Guatemala

    South Korea's Icure Pharmaceutical Incorporation announced on Tuesday that it signed a supply contract for the specialized loc...

    Dec 19, 2023 (Gmt+09:00)

  • Korean chipmakers
    Chip cycle hits rock bottom but uncertainty lingers: Chey

    The global semiconductor market has hit "rock bottom" but uncertainties remain high amid growing protectionism and lingering con...

    Dec 19, 2023 (Gmt+09:00)

  • Foreign exchange
    Yen deposits at Korean banks surge to record $9.9 bn

    Yen deposits at South Korean banks grew by the largest-ever monthly amount in November to a record $9.92 billion, central bank d...

    Dec 19, 2023 (Gmt+09:00)

  • Fashion
    Watchmaker TAG Heuer launches direct operations in S.Korea

    Swiss watchmaker TAG Heuer S.A. is set to launch direct operations in South Korea, the world’s seventh-largest luxury mark...

    Dec 19, 2023 (Gmt+09:00)

  • Tech, Media & Telecom
    Samsung Elec unveils new image sensors for robotics, XR

    Samsung Electronics Co., the world’s largest memory chipmaker, on Tuesday introduced new image sensors tailored for advanc...

    Dec 19, 2023 (Gmt+09:00)

  • Cryptocurrencies
    Netmarble's Marblex listed on Bitget

    Marblex, a blockchain subsidiary of South Korean game developer Netmarble Corp., announced on Tuesday that it has listed its MBX...

    Dec 19, 2023 (Gmt+09:00)

  • Machinery
    Daedong wins $268 mn tractor order from Aral Group

    South Korea’s No. 1 agricultural machinery maker Daedong Corp. announced on Tuesday that it signed a deal with Türk...

    Dec 19, 2023 (Gmt+09:00)

  • Korean startups
    Korea’s 1st institutionalized fractional art offering a smash hit

    South Korea’s first institutionalized fractional investing in a work of art proffered by Yeolmae Company, operator of Sout...

    Dec 19, 2023 (Gmt+09:00)

  • Automobiles
    Elantra, Tucson selected among safest cars by IIHS

    Hyundai Motor Co.'s passenger car Avante (name in the US: Elantra) and compact sport utility vehicle (SUV) Tucson earned the T...

    Dec 19, 2023 (Gmt+09:00)

  • Tech, Media & Telecom
    SK Telecom, Thales jointly strengthen 5G security

    South Korea's SK Telecom Co. announced on Tuesday that it collaborated with global data security company Thales for 5G security....

    Dec 19, 2023 (Gmt+09:00)

  • Energy
    OCI signs $1 billion polysilicon supply deal with US solar firm CubicPV

    OCI Holdings Co., a leading South Korean chemical and green energy company, said on Tuesday it has clinched a $1 billion deal to...

    Dec 19, 2023 (Gmt+09:00)

  • Mergers & Acquisitions
    Coupang to buy luxury platform Farfetch at $500 mn

    Coupang Inc., South Korea’s leading e-commerce platform, plans to acquire Farfetch Holdings, a London-based online retaile...

    Dec 19, 2023 (Gmt+09:00)

  • Aerospace & Defense
    S.Korean drone exports quadruple from goal

    South Korean drone exports surged to $1.11 million in 2023, exceeding the government's target by more than four times, fueled by...

    Dec 19, 2023 (Gmt+09:00)