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Korean startupsKorean AI startup ActionPower poised to outdo OpenAI, Google: CEO
ActionPower Corp. founded in 2016 is small and young compared to Big Tech companies or heavily funded startups like OpenAI but i...
May 31, 2023 (Gmt+09:00)
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Venture capitalSK Networks eyes partnership with US-based Bow Capital
SK Networks Co., a South Korean trading company, is seeking to form a partnership with Silicon Valley-based venture capital firm...
May 31, 2023 (Gmt+09:00)
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Pension fundsKorea’s NPS likely to post 6.4% return for Q1 2023
National Pension Service (NPS) in South Korea achieved a 6.4% return on investment during the first quarter of this year, recove...
May 31, 2023 (Gmt+09:00)
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AutomobilesHyundai doubles down on green bus push against Chinese ascent
Hyundai Motor Co. is expected to start remodeling its conventional bus production facility at home this fall to ramp up zero-emi...
May 31, 2023 (Gmt+09:00)
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Korean stock marketFunds with high exposure to Nvidia, Samsung yield higher returns
It's time again to snap up semiconductor stocks – the market darlings these days.Just like its global peers, including the...
May 31, 2023 (Gmt+09:00)
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Bio & PharmaCelltrion unveils phase 1 clinical data of Actemra biosimilar in Europe
South Korean biosimilar giant Celltrion Inc. revealed on Wednesday the highly anticipated clinical phase 1 data for its Actemra ...
May 31, 2023 (Gmt+09:00)
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EconomyS.Korean overseas card spending near pre-COVID-19 levels
South Korean residents’ overseas card use jumped in the first quarter to nearly recover levesl before the outbreak of COVI...
May 31, 2023 (Gmt+09:00)
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Korean stock marketHYBE employees accused of insider stock trading over BTS
Three HYBE employees on Wednesday were accused of insider stock trading, allegedly selling the South Korean entertainment giant'...
May 31, 2023 (Gmt+09:00)
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Shipping & ShipbuildingHD KSOE to participate in EU's largest hydrogen transportation project
South Korea's HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the shipbuilding holding company of HD Hyundai C...
May 31, 2023 (Gmt+09:00)
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Future mobilityKAI joins project to develop hydrogen-powered aircraft
South Korea's aerospace and defense company Korea Aerospace Industries Ltd. (KAI) on Wednesday said it joined a project of indus...
May 31, 2023 (Gmt+09:00)
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RoboticsPOSCO, LG Electronics to jointly build smart factory
POSCO Holdings Inc. and LG Electronics Inc. announced on Wednesday that they will collaborate to upgrade POSCO's smart factory t...
May 31, 2023 (Gmt+09:00)
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North KoreaNorth Korean spy satellite fails to reach space
SEOUL -- North Korea’s first military satellite crashed into the Yellow Sea and failed to launch into space, Pyongyang&rsq...
May 31, 2023 (Gmt+09:00)
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Aerospace & DefenseHanwha Systems to provide antijam radio to S.Korean military
South Korea's Hanwha Systems Co. announced on Wednesday that it has been selected as the preferred bidder for the Air-to-Groun...
May 31, 2023 (Gmt+09:00)
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ElectronicsSamsung Display to supply OLED panels for MSI gaming laptops
South Korea's Samsung Display announced on Wednesday that it will supply the industry-leading UHD+ (ultra-high-definition plus...
May 31, 2023 (Gmt+09:00)
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Korean chipmakersAI-driven GPU, advanced chip shortage: Boon for Samsung, SK Hynix
The global chip industry, which has been reeling from elevated inventory levels due to weak demand, is seeing a silver lining: I...
May 31, 2023 (Gmt+09:00)
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BatteriesLG Chem breaks ground on 4th cathode material plant in S.Korea
LG Chem Ltd., the top chemicals company in South Korea, said on Wednesday it broke ground on the country’s largest plant t...
May 31, 2023 (Gmt+09:00)
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Artificial intelligenceS.Korea to develop supercomputer for industrial use
South Korea is set to develop a supercomputer for industrial use as Asia’s fourth-largest economy lags far behind on the p...
May 31, 2023 (Gmt+09:00)
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Korean chipmakersHanmi Semiconductor sets up local corporation in Vietnam
South Korean chip equipment maker Hanmi Semiconductor Co. said on Wednesday that it has set up a local subsidiary, Hanmi Vietnam...
May 31, 2023 (Gmt+09:00)
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Bio & PharmaSamsung Bioepis gets approval to sell biosimilar in Europe
South Korea's Samsung Bioepis has received approval in Europe to sell a biosimilar of Soliris, a drug for the treatment of adult...
May 31, 2023 (Gmt+09:00)
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BatteriesPOSCO Group, SKC to jointly develop lithium metal cathode material
South Korea’s POSCO Group and SKC will jointly develop a dream lithium metal cathode material for commercialization by 202...
May 31, 2023 (Gmt+09:00)
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EconomyS.Korea mulls adding national pension benefits to raise birth rate
South Korea's Ministry of Health and Welfare is considering adding national pension benefits for married couples to raise the ev...
May 31, 2023 (Gmt+09:00)
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Mergers & AcquisitionsNotice of share sales in PT Bayan Resources Tbk & Moolarben Joint Venture
Notice of Share Sales in PT Bayan Resources Tbk I. Overview of sale 1. Sellers: Korea Southern Power Co., Ltd.(“KO...
May 31, 2023 (Gmt+09:00)