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AutomobilesHyundai 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)
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Real estateWarburg 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)
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Bio & PharmaIcure 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)
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Korean chipmakersChip 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)
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Foreign exchangeYen 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)
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FashionWatchmaker 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)
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Tech, Media & TelecomSamsung 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)
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CryptocurrenciesNetmarble'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)
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MachineryDaedong 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)
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Korean startupsKorea’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)
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AutomobilesElantra, 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)
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Tech, Media & TelecomSK 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)
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EnergyOCI 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)
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Mergers & AcquisitionsCoupang 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)
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Aerospace & DefenseS.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)