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ASK 2023Stability prioritized over risk-taking assets: Korean investors
South Korean institutional investors increased private lending as interest rates stay higher for longer, while tapping into the ...
Oct 25, 2023 (Gmt+09:00)
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Shipping & ShipbuildingS.Korean HD Hyundai inks $3.9 bn Qatar LNG tanker deal
DOHA -- HD Hyundai Heavy Industries Co., the world’s second-largest shipyard, has won a $3.9 billion deal to build 17 liqu...
Oct 25, 2023 (Gmt+09:00)
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BatteriesLG Energy Solution to start producing cheaper EV batteries
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to manufacture cheaper EV batter...
Oct 25, 2023 (Gmt+09:00)
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Artificial intelligencePOSCO DX develops AI-based roadkill prevention system
POSCO DX Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc. announced on Wednesday it developed an a...
Oct 25, 2023 (Gmt+09:00)
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EarningsLG Display narrows Q3 losses, sees turnaround in Q4
LG Display Co. said on Wednesday it will likely turn a profit in the fourth quarter of this year, snapping its losing streak of ...
Oct 25, 2023 (Gmt+09:00)
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LogisticsHyundai Glovis opens smart logistics R&D center G-Lab
South Korean shipping and logistics company Hyundai Glovis Co. announced on Wednesday it has opened a research and development (...
Oct 25, 2023 (Gmt+09:00)
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ConstructionKKR expected to buy 100% stake in Taeyoung Industry
Global private equity giant KKR & Co. Inc. is expected to take over Taeyoung Industry Corp., a cash cow of South Korea&rsquo...
Oct 25, 2023 (Gmt+09:00)
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Tech, Media & TelecomNaver Cloud to offer edutech service in Mongolia
South Korea's Naver Cloud, the cloud computing arm of Naver Corp., announced on Tuesday it will participate in the Digital Class...
Oct 25, 2023 (Gmt+09:00)
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Bio & PharmaSamsung Bioepis gets FDA OK for its interchangeable biosimilar
Byooviz, a biosimilar of the macular degeneration treatment Lucentis and made by South Korea’s Samsung Bioepis, has rece...
Oct 25, 2023 (Gmt+09:00)
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ASK 2023NPS to expand listed REIT, private debt investments
South Korea’s National Pension Service (NPS) will increase investing in real estate debt and listed real estate investment...
Oct 25, 2023 (Gmt+09:00)
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Aerospace & DefenseSpace industry to usher in Saudi Arabia's 2nd boom: KAI
Korea Aerospace Industries Ltd. (KAI) on Wednesday signed a memorandum of understanding with the Saudi Space Agency (SSA) to col...
Oct 25, 2023 (Gmt+09:00)
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FashionXexymix launches pop-up store in Shanghai BFC Mall
South Korea's media and e-commerce company Brand X Corp. announced on Wednesday its activewear brand Xexymix has opened a pop-up...
Oct 25, 2023 (Gmt+09:00)
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Korean gamesSouth Korean game developers spin off fashion brands
South Korean gaming companies are eyeing the fashion industry in a bid to diversify their revenue sources by broadening the fan ...
Oct 25, 2023 (Gmt+09:00)
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Cloud computingS.Korean public sector's ICT systems to fully convert to cloud
South Korea’s public sector, barring extenuating circumstances, will build its information and communications (ICT) system...
Oct 25, 2023 (Gmt+09:00)
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Bio & PharmaMedytox to enter China’s botulinum toxin market with Newlux
South Korean pharmaceutical company Medytox Inc. on Tuesday announced its plan to enter the Chinese market for botulinum toxin...
Oct 25, 2023 (Gmt+09:00)
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Banking & FinanceShinhan Card's Kazakhstan arm secures $60 mn from IFC
Shinhan Finance, a subsidiary of South Korea's Shinhan Card in Kazakhstan, has attracted a $60 million investment from the Inter...
Oct 25, 2023 (Gmt+09:00)
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ASK 2023KIC eyes private debt, infrastructure in era of high interest rates
Sovereign wealth fund Korea Investment Corp. (KIC) is eyeing infrastructure and private debt in the era of higher-for-longer int...
Oct 25, 2023 (Gmt+09:00)
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BatteriesLG Chem opens North America Innovation Center in Georgia
South Korea's LG Chem Ltd. announced on Wednesday it has opened its North America Innovation Center in Georgia, the US. The comp...
Oct 25, 2023 (Gmt+09:00)
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BatteriesPOSCO Future M sees cathode material prices falling 12% in Q4
South Korean electric vehicle battery materials maker POSCO Future M Co. predicts that cathode material prices in the fourth qua...
Oct 25, 2023 (Gmt+09:00)