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ElectronicsSamsung Galaxy S24 sees record Indian pre-orders in three days
Samsung Electronics Co., the world’s No. 2 smartphone maker, said its latest flagship smartphone Galaxy S24 series enjoyed...
Jan 23, 2024 (Gmt+09:00)
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EarningsTaihan Cable sees best profit in 15 years on foreign orders
Taihan Cable & Solution Co., a major South Korean cable manufacturer, on Tuesday said its 2023 operating profit hit the larg...
Jan 23, 2024 (Gmt+09:00)
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Private equityPEs exit Korean assets at average 2.5 times purchase price
Global private equity firms, which recover their principal investment in South Korea, sell their assets for 2.5 times the purcha...
Jan 23, 2024 (Gmt+09:00)
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RegulationsS.Korea should cut inheritance, gift taxes to OECD levels: SME lobby chief
South Korea, which imposes some of the highest inheritance and gift taxes on businesspeople among the Organization for Economic ...
Jan 23, 2024 (Gmt+09:00)
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Korean stock marketKorea’s ELS market to stagnate after HSCEI debacle: KOFIA chairman
The Korea Financial Investment Association (KOFIA) will go all out to minimize any adverse effects on the South Korean financial...
Jan 23, 2024 (Gmt+09:00)
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Corporate bondsMirae Asset Securities raises $600 mn in foreign bonds
Mirae Asset Securities Co. on Monday issued $600 million worth of foreign currency bonds, marking the first foreign bond sale by...
Jan 23, 2024 (Gmt+09:00)
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Construction & PlanningDaewoo E&C completes India's longest sea bridge
Daewoo Engineering & Construction Co. (Daewoo E&C) announced on January 23, 2024, that it has completed the construction...
Jan 23, 2024 (Gmt+09:00)
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Electric vehiclesHyundai unveils aerodynamic tech to increase EV mileage
Hyundai Motor Group on Tuesday unveiled an aerodynamic technology to increase electric vehicles’ mileage as the world&rsqu...
Jan 23, 2024 (Gmt+09:00)
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AutomobilesHyundai launches 2024 Xcient Pro heavy truck model
South Korean auto giant Hyundai Motor Co. announced on Tuesday the launch of its updated heavy truck model, the '2024 Xcient Pro...
Jan 23, 2024 (Gmt+09:00)
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Food & BeverageHiteJinro signs land agreement for Vietnam soju plant
HiteJinro Co., a South Korean alcoholic beverage company, has signed a land agreement for its planned soju plant in Vietnam. The...
Jan 23, 2024 (Gmt+09:00)
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Mergers & AcquisitionsHarim, KDB in dispute over $5 bn HMM deal conditions
Talks to sell South Korea’s No. 1 ocean carrier HMM Co. to Harim Group, a leading poultry processor, have made little prog...
Jan 23, 2024 (Gmt+09:00)
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North KoreaNorth Korea’s missiles tested on the battlefields of Ukraine
SEOUL—One of the world’s biggest illicit-arms suppliers just got a major advertisement.In recent weeks, Russi...
Jan 23, 2024 (Gmt+09:00)
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Korean stock marketGlobal X to liquidate China-exposed ETFs on poor returns
Global X ETFs, the New York-based provider of exchange-traded funds, will liquidate 19 ETFs, including 11 China-exposed funds, n...
Jan 23, 2024 (Gmt+09:00)
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Shareholder activismFlashlight Capital urges KT&G to sue its directors for negligence
Singapore-based investment management firm Flashlight Capital Partners Pte. (FCP) has urged South Korean tobacco maker KT&G ...
Jan 23, 2024 (Gmt+09:00)
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ConstructionPOSCO E&C develops solution for detecting wall cracks by drones
South Korea's POSCO E&C has developed a solution for apartment exterior wall maintenance using drones.The company announced ...
Jan 23, 2024 (Gmt+09:00)
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Food & BeverageLotte Wellfood enters Costco stores in Canada, Mexico
South Korea's Lotte Wellfood Co. announced on Tuesday that it is expanding exports to Mexico and Canada through Costco. It mar...
Jan 23, 2024 (Gmt+09:00)
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Shipping & ShipbuildingHanwha Ocean secures first order of year for ammonia carriers
South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Monday that it has secured a contract for tw...
Jan 23, 2024 (Gmt+09:00)