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Pension fundsNPS to cut Korean stock allocation to 13% by 2029
South Korea’s National Pension Service (NPS), also the world’s third-largest pension fund, will gradually reduce the...
May 31, 2024 (Gmt+09:00)
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Leadership & ManagementDeloitte Korea taps new CFO, consulting head in reshuffle
Deloitte Korea, which operates accounting firm Deloitte Anjin LLC and consulting service provider Deloitte Consulting LLC, annou...
May 31, 2024 (Gmt+09:00)
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Business & PoliticsSouth Korea to build 3 nuclear plants, 1 SMR under new energy policy
South Korea plans to build as many as three new nuclear power plants by 2038 and put into operation at least one small modular r...
May 31, 2024 (Gmt+09:00)
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EntertainmentOTT platform TVing gets tailwind from CJ ENM's TV series
TVing, the second-largest over-the-top (OTT) platform in South Korea, has been gaining momentum from hit series such as “L...
May 31, 2024 (Gmt+09:00)
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Leadership & ManagementKorean catering firm Ourhome CEO to leave amid sibling feud
South Korea’s catering service provider Ourhome Ltd. Chief Executive and Vice Chairwoman Koo Ji-eun has failed in her atte...
May 31, 2024 (Gmt+09:00)
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Aerospace & DefenseNara Space attracts $14.5 mn series B investment
South Korea's micro-satellite startup Nara Space Technology Inc. announced on Friday that it attracted a 20 billion won ($14.5 m...
May 31, 2024 (Gmt+09:00)
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Food & BeverageLotte Chilsung Krush beer enters Mongolian market
South Korea's Lotte Chilsung Beverage announced on Friday that its beer brand Krush entered the Mongolian market. The compa...
May 31, 2024 (Gmt+09:00)
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Shipping & ShipbuildingHanwha Ocean, Canadian firms to collaborate on submarine projects
South Korea's Hanwha Ocean Co. announced on Friday that it partnered with three Canadian companies at Canada’s largest def...
May 31, 2024 (Gmt+09:00)
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FashionKorean shopping mecca Dongdaemun Market's vacancy rates soar
Store vacancy rates in South Korea’s largest shopping mecca Dongdaemun Market have soared to as high as 86%, with Chines...
May 31, 2024 (Gmt+09:00)
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Future mobilityKakao Mobility, Archer to collaborate for K-UAM commercialization
South Korea's Kakao Mobility Corp. announced on Friday that it signed an agreement with Archer Aviation, the US-based urban air ...
May 31, 2024 (Gmt+09:00)
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Korean gamesLine Games to launch The Play of Genesis in Taiwan, Hong Kong
South Korea's Line Games Corp. announced on Friday that it signed a publishing agreement with Vietnam's tech giant VNG for the m...
May 31, 2024 (Gmt+09:00)
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ElectronicsSamsung gets new tech certification for air purifier filter
Samsung Electronics Co.'s air purifier filter technology obtained the New Excellent Technology (NeT) certification from the Kore...
May 31, 2024 (Gmt+09:00)
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EconomyKorea’s April factory output rebounds amid weak consumption
South Korea’s factory production rebounded in April on healthy manufacturing while domestic consumption and capital expend...
May 31, 2024 (Gmt+09:00)
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Chief ExecutivesSamsung’s new chip head instills a sense of crisis, hope
Samsung Electronics Co.'s new semiconductor chief Jun Young-hyun knows better than anyone about the difficulties the South ...
May 31, 2024 (Gmt+09:00)