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Korean stock marketKorean exodus from China funds amid deepening property crisis
South Korean investors’ retreat from Chinese equity funds of nearly 10 trillion won ($7.5 billion) in total principal is a...
Aug 23, 2023 (Gmt+09:00)
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ElectronicsLG aims to capture 50% of global luxury car display market by 2026
LG Display Co., the world’s leading manufacturer of large-size organic light-emitting diode (OLED) panels, said on Wednesd...
Aug 23, 2023 (Gmt+09:00)
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RegulationsMore Korean FSS retirees find jobs in legal, financial biz
More retirees of the Financial Supervisory Service (FSS) are snagging new jobs at private companies such as the banks they regul...
Aug 23, 2023 (Gmt+09:00)
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Shipping & ShipbuildingHanwha Ocean to raise $1.5 bn to boost warship business
South Korea's Hanwha Ocean Co. will secure 2 trillion won ($1.5 billion) in fresh capital through rights issues, the company sai...
Aug 23, 2023 (Gmt+09:00)
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EconomyKorea’s smaller firms embrace older, experienced workforce
South Korea’s liquid filtration system developer Neos Corp. has seven employees, all seasoned mechanical and electrical en...
Aug 23, 2023 (Gmt+09:00)
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AutomobilesHyundai Motor’s China restructuring continues with Chongqing plant sale
Hyundai Motor Co., reeling from its weak car sales in China, has put its Chongqing plant up for sale as South Korea’s top ...
Aug 23, 2023 (Gmt+09:00)
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Corporate restructuringLG Chem to sell film factories amid shift to new growth drivers
LG Chem Ltd., South Korea’s chemical major, is seeking to sell its film factories at home amid accelerating business reorg...
Aug 23, 2023 (Gmt+09:00)
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Artificial intelligenceSK Telecom to enter generative AI market with large language model
SK Telecom announced on Wednesday that it will provide tailored generative AI services to businesses and public agencies using v...
Aug 23, 2023 (Gmt+09:00)
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LogisticsKyochon, Pablo Air to collaborate for commercializing drone delivery
South Korea's fried chicken chain Kyochon F&B announced on Wednesday that it signed a memorandum of understanding (MOU) with...
Aug 23, 2023 (Gmt+09:00)
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Food & BeverageCJ's Bibigo launches new global campaign
South Korean food giant CJ CheilJedang Corp.'s flagship brand Bibigo is engaging with consumers worldwide through a new campaign...
Aug 23, 2023 (Gmt+09:00)
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Shareholder activismSchindler-invested Hyundai Elevator faces S.Korean activism
South Korea’s Hyundai Elevator Co., the No. 2 shareholder of which is Schindler Holding AG, has faced a request from a loc...
Aug 23, 2023 (Gmt+09:00)
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ElectronicsSamsung to unveil world's first dual UHD gaming monitor at Gamescom
Samsung Electronics Co. will unveil its latest gaming monitors at this year's Gamescom, Europe's largest trade show for video ga...
Aug 23, 2023 (Gmt+09:00)
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ElectronicsLG to launch StanbyME Go in North America, Europe
LG Electronics Inc. announced on Wednesday its plans to officially roll out its innovative portable screen, StanbyME Go, in Nort...
Aug 23, 2023 (Gmt+09:00)
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Fiber & TextileDK&D to develop green artificial leather with Chinese partner
DK&D Co., a South Korean maker of synthetic leather, on Tuesday said it signed a memorandum of understanding with Chinese ec...
Aug 23, 2023 (Gmt+09:00)
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Bio & PharmaCelltrion’s Vegzelma listed on prescription of 10 private US insurers
South Korea’s Celltrion Healthcare Co. announced on Wednesday that it has signed contracts with 10 insurance providers in ...
Aug 23, 2023 (Gmt+09:00)
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Chemical IndustrySK Enmove partners with Dell, GRC for data center coolant business
South Korea’s lube oil maker SK Enmove Co. has partnered with US computer maker Dell Technologies Inc. and data center coo...
Aug 23, 2023 (Gmt+09:00)
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RetailLotte’s intra-group merger, business integration fare well
Lotte Mart and Lotte Super are leading Lotte Group’s efforts to streamline the overlapping businesses of its units. Their ...
Aug 23, 2023 (Gmt+09:00)
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ConstructionPOSCO E&C, LG to develop customized home appliances for remodeling
South Korea's POSCO E&C, formerly POSCO Engineering and Construction, will develop customized products for apartment remodel...
Aug 23, 2023 (Gmt+09:00)
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Carbon neutralityLG Innotek inks renewable energy deal with SK E&S
South Korea's LG Innotek Co. announced on Wednesday that it has entered into a 20-year power purchase agreement (PPA) with a dom...
Aug 23, 2023 (Gmt+09:00)
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Bio & PharmaDongKoo Bio & Pharma to enter Philippine healthcare market
South Korea’s DongKoo Bio & Pharma Co. on Tuesday said it signed a memorandum of understanding with the Philippine hea...
Aug 23, 2023 (Gmt+09:00)