High Court of New Zealand
Scope
Date
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Research & Development
LG Group seeks future growth engines with new R&D units
LG Group, South Korea’s fourth-largest conglomerate, set up new research and development units at key affiliates to seek future growth engines...
Dec 12, 2022 (Gmt+09:00)
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Automobiles
Ace View’s surround view monitoring system works at high speed
Ace View Co., a South Korean surround view monitoring system provider, has unveiled a new product that works at driving speeds of as high as 100 km ...
Dec 12, 2022 (Gmt+09:00)
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Healthcare
South Korea passes new law making everyone a little younger
SEOUL—As the rest of the world ages, South Koreans are getting younger.South Korea’s parliament passed laws Thursday abolishing the trad...
Dec 12, 2022 (Gmt+09:00)
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Bio & Pharma
New drug developer Onconic Therapeutics raises $20 mn in Series B
South Korean drug developer Onconic Therapeutics, announced on Friday that it raised 26 billion won ($19.9 million) in Series B funding, with cumula...
Dec 09, 2022 (Gmt+09:00)
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Logistics
Doosan Logistics clinches deal to build Daiso's new hub center
South Korean system integrator Doosan Logistics Solution (DLS) has won a deal to build a new distribution center at 75 billion won ( $57 million)....
Dec 08, 2022 (Gmt+09:00)
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Cryptocurrencies
Korea cryptocurrency WEMIX to be delisted on court ruling
WEMIX, a South Korean cryptocurrency issued by WeMade Co., will be delisted on Thursday after a court ruled in favor of four local crypto exchanges’ d...
Dec 08, 2022 (Gmt+09:00)
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Mergers & Acquisitions
LG Uplus poised to acquire homegrown OTT platform Watcha
South Korea’s third-largest mobile carrier LG Uplus Corp. is slated to acquire homegrown over-the-top (OTT) platform Watcha Inc., investment b...
Dec 06, 2022 (Gmt+09:00)
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Hydrogen economy
Lotte Chem, Air Liquide Korea launch JV for hydrogen business
South Korea’s chemical firm Lotte Chemical Corp. and Air Liquide Korea, the Korean unit of the French company Air Liquide SA, announced on Tue...
Dec 06, 2022 (Gmt+09:00)
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Automobiles
Hyundai's sales of E-GMP-based EVs exceed 100,000 units in Korea
South Korea’s Hyundai Motor Group sold more than 100,000 units of electric vehicles (EVs) that adopted Hyundai Motor’s E-GMP, or Electri...
Dec 06, 2022 (Gmt+09:00)
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Electronics
Taihan earns certification for extra-high voltage transmission cable
Taihan Cable & Solution said on Monday that it had completed the development of a 500-kV current cross-linked polyethylene extra-high voltage DC...
Dec 06, 2022 (Gmt+09:00)
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Korean food
Kimchi exports to US reach record high of $27 million so far this year
Exports of kimchi to the United States increased steadily to reach a record high of $26.7 million worth of the fermented dish between January and No...
Dec 05, 2022 (Gmt+09:00)
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Executive reshuffles
Samsung Elec names first female president under Chairman Jay Y. Lee
Samsung Electronics Co., the world’s largest memory chip and smartphone maker, has carried out its year-end executive reshuffle, marked by its...
Dec 05, 2022 (Gmt+09:00)
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Automobiles
Hyundai Mobis to unveil new future mobility technologies at CES 2023
Korea's largest auto parts supplier Hyundai Mobis will take part in CES 2023, the world's largest info tech exhibition, to showcase cutting-edge t...
Dec 05, 2022 (Gmt+09:00)
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Food & Beverage
CJ CheilJedang launches new Bibigo kimchi in Europe
Korea's leading food processing company CJ CheilJedang said on Monday that it has launched Bibigo sliced kimchi for export in Europe, which can be s...
Dec 05, 2022 (Gmt+09:00)
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Food & Beverage
K-chicken chain BB.Q opens second restaurant in New York
BB.Q Chicken, the country’s leading franchise, said on Friday it opened its second restaurant in Manhattan on Dec.1. This restaurant is BB.Q...
Dec 02, 2022 (Gmt+09:00)
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Machinery
Samsung Galaxy S23 likely to adopt unbreakable smartphone screen glass
A smartphone cover glass that does not break even when dropped from a height of 1 meter onto a concrete floor has been newly developed. Corning Inc....
Dec 02, 2022 (Gmt+09:00)
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Foreign exchange
Korea won near 5-mth high as Powell signals slower hikes
The South Korean won currency hit a near 5-month high on Thursday as US Federal Reserve Chairman Jerome Powell suggested a slowdown in its tightenin...
Dec 01, 2022 (Gmt+09:00)
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Capital raising
SK On attracts $1 billion in investment
SK On, the electric battery affiliate of Korea's petroleum, alternative energy and oil exploration corporation SK Innovation, has secured 1.3 trilli...
Dec 01, 2022 (Gmt+09:00)
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Food & Beverage
Whisky imports up 62%, projected to be popular next year and beyond
As whisky became more popular in Korea, the amount of whisky imported for 10 months until October this year increased about 62% compared to the same...
Dec 01, 2022 (Gmt+09:00)
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Korean startups
Cento Ventures: High ROI of Korean startups still uncommon knowledge
When it comes to the global startup ecosystem, South Korean cities, including the capital Seoul, often do not come to investors’ minds before ...
Nov 30, 2022 (Gmt+09:00)
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Korean chipmakers
Shell-First: Samsung Foundry’s custom-tailored new operation strategy
As the contract chip manufacturing, or foundry, business is quickly emerging as the next battlefield for the world’s major chipmakers, The Korea...
Nov 30, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung Elec showcases new high-performance graphics DRAM
Samsung Electronics Co., the world’s top memory chipmaker, unveiled a next-generation graphics DRAM to meet growing demand for high-performanc...
Nov 29, 2022 (Gmt+09:00)
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Economy
Korean overseas card spending near 3-year high on resurgence in travel
Overseas card spending by residents in South Korea rose to a nearly three-year high in the third quarter as international travel surged with countri...
Nov 29, 2022 (Gmt+09:00)
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Corporate investment
First joint law office with overseas firm to open in Korea
The first South Korea-overseas joint law firm is set to start operations in Seoul.The joint firm of Korean law firm Hwahyun and UK’s Ashurst h...
Nov 29, 2022 (Gmt+09:00)
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Mobile networks
SK Telecom to team up with Singapore's Singtel for metaverse venture
SK Telecom Co. on Tuesday said it signed a memorandum of understanding (MOU) with Singapore's top telecom provider Singtel Group on joint business o...
Nov 29, 2022 (Gmt+09:00)
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ESG
SK Innovation to adopt internal carbon pricing system
SK Innovation Co. on Sunday announced its adoption this year of an "internal carbon pricing system" recently approved by its board of directors. Th...
Nov 28, 2022 (Gmt+09:00)
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Energy
S.Korea to cut coal's share of energy usage to under 20% by 2030
The draft of the Korean government's 10th Basic Plan for Electricity Supply and Demand contains a clause on reducing coal generation's share of nati...
Nov 25, 2022 (Gmt+09:00)
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Private equity
Carlyle promotes two Koreans to partner, MD
The Carlyle Group Inc. announced on Tuesday 32 new partners and 39 new managing directors, effective Jan. 1 of 2023, including two Koreans, Sean (So...
Nov 24, 2022 (Gmt+09:00)
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Korean stock market
Korea to revise dividend policy to ease ‘Korea discount’ concerns
South Korea plans to revise its stock dividend policy as part of a broader financial market reform to help attract foreign investors and obtain MSCI...
Nov 24, 2022 (Gmt+09:00)
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Earnings
Samsung SDS records record-high share of overseas sales of 71%
The overseas sales of South Korea's Samsung SDS comprises 71% of overall revenue, the highest rate since the company launched its business process o...
Nov 23, 2022 (Gmt+09:00)