Home Entertainment Brand of the Year
Scope
Date
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Korean food
S.Korea's monthly ramen export surpasses $100 mn
The monthly export value of South Korea's ramen exceeded $100 million for the first time. According to the Korea Customs Service's trade statistics...
May 20, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Korean beauty brands show signs of turnaround in China
South Korean cosmetics brands are showing signs of a turnaround in China, with their sales in the neighboring country recovering from the slump over...
May 17, 2024 (Gmt+09:00)
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Earnings
Meritz leaves door open for an M&A, to stay shareholder friendly
Meritz Financial Group Inc., boasting the fourth-biggest market capitalization among South Korean financial holding companies, will look into an acq...
May 14, 2024 (Gmt+09:00)
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Artificial intelligence
LG to showcase Google AI-enabled home robots in June
LG Electronics Inc., South Korea’s top home appliances maker, will unveil home robots featuring Google’s generative artificial intellige...
May 14, 2024 (Gmt+09:00)
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Banking & Finance
Woori Bank offers internship for SE Asian students in S.Korea
South Korea's Woori Bank announced on Tuesday that it is recruiting interns targeting Southeast Asian students studying in Korea.This program aims t...
May 14, 2024 (Gmt+09:00)
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Earnings
CJ CheilJedang profit beats forecasts on overseas business
South Korean food giant CJ CheilJedang Corp. on Tuesday reported a better-than-expected quarterly profit on healthy overseas businesses and cost cut...
May 14, 2024 (Gmt+09:00)
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Investment banking
Deutsche Bank's Korea IB head quits after country head resigns
Cho Man Chul, managing director and head of investment banking at Deutsche Bank in Korea, has resigned, according to people with knowledge of the ma...
May 13, 2024 (Gmt+09:00)
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Chemical Industry
SKC to build world's top biodegradable plastic plant in Vietnam
SKC Ltd., a chemicals arm of South Korea’s second-largest conglomerate SK Group, said on Sunday its biodegradable material unit has broken g...
May 12, 2024 (Gmt+09:00)
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Electronics
Samsung hits highest US smartphone market share in 4 years
Samsung Electronics Co. has achieved its highest market share in the US smartphone market in four years, thanks to its first AI phone the Galaxy S24...
May 10, 2024 (Gmt+09:00)
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Airlines
Jin Air to resume Incheon-Hong Kong route in July
South Korea's low-cost carrier Jin Air announced on Friday that it will resume flights on the Incheon to Hong Kong route on July 18.This marks the r...
May 10, 2024 (Gmt+09:00)
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Retail
E-Land Retail to enter convenience store market
South Korea's E-Land Retail, the operator of Kim's Club, NC Department Store, and New Core Outlet operator, plans to enter the convenience store mar...
May 10, 2024 (Gmt+09:00)
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Venture capital
VC firm DSC Investment forms Korea's largest secondary fund
South Korean asset manager DSC Investment has formed the country’s largest-ever fund for venture capital secondaries to explore opportunities ...
May 09, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom eyes tangible results from AI business in 2024
South Korea’s No. 1 mobile carrier SK Telecom Co. is set to accelerate investments in artificial intelligence to bring more tangible outcomes ...
May 08, 2024 (Gmt+09:00)
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Fashion
Native Korean fast-fashion brands poised to snatch market
South Korea’s homegrown fast-fashion brands are expected to continue making big strides at home as cost-conscious consumers shifted toward mor...
May 08, 2024 (Gmt+09:00)
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Electronics
Samsung tops global OLED market in one year
Samsung Electronics Co. announced on Wednesday that it achieved the number one sales position in the global OLED monitor market one year after enter...
May 08, 2024 (Gmt+09:00)
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Entertainment
Hasty overseas expansion hurts Korean entertainment sector
South Korea’s entertainment and content industries suffered from hasty expansions with investments of billions of dollars in the global market...
May 07, 2024 (Gmt+09:00)
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Automobiles
Genesis beats BMW to rival Mercedes in Korea's premium segment
In South Korea, esteemed German auto brands BMW and Mercedes-Benz have for years been the top two brands vying for the hearts of luxury car buyers, ...
May 07, 2024 (Gmt+09:00)
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Pension funds
NPS to hike risky asset purchases under simplified allocation system
The National Pension Service (NPS), South Korea’s state-run pension fund, is introducing a new simplified asset allocation guideline under whi...
May 02, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia US car sales dip in April; EVs outperform
Hyundai Motor Co. and Kia Corp., under Hyundai Motor Group, suffered a drop in US car sales last month for a second month in a row, while rising sal...
May 02, 2024 (Gmt+09:00)
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Banking & Finance
Korean brokerages' foreign profits up on IB, bond trading
South Korean brokerage firms expanded their net profits from overseas operations last year, backed by increased gains from their investment banking ...
May 02, 2024 (Gmt+09:00)
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Petrochemicals
HD Hyundai Oilbank to supply ultra-low sulfur diesel to Guam
HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, announced on Wednesday that it secured a contract to supply 7.2 million ...
May 02, 2024 (Gmt+09:00)
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Private debt
Korea’s Kookmin Bank raises $600 mn in global senior debts
South Korea’s largest bank Kookmin Bank said on Tuesday it has issued $600 million worth of global senior secured bonds. The debts were oversu...
Apr 30, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung shifts gears to focus on HBM, server memory chips
South Korean tech giant Samsung Electronics Co. said on Tuesday it will adjust its memory chip product mix to increase the output of advanced memory...
Apr 30, 2024 (Gmt+09:00)
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Bio & Pharma
NGeneBio to transfer NGS tech to UAE company
South Korean medical diagnostic company NGeneBio Co. announced on Tuesday that it signed a contract with the United Arab Emirates (UAE)-based medica...
Apr 30, 2024 (Gmt+09:00)
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Economy
Korea’s factory output backpedals, but spending recovers in March
South Korea’s factory activity weakened in March on a fall in manufacturing output, stoking concerns about Asia’s fourth-largest economy...
Apr 30, 2024 (Gmt+09:00)
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Sovereign bonds
Korea desperately seeks global bond index inclusion to rescue won
South Korea is desperately working for inclusion on a global major bond index to save the ailing won, the second worst-performer among emerging Asia...
Apr 30, 2024 (Gmt+09:00)
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Artificial intelligence
S.Korea’s KT to innovate media, content businesses with AI
South Korea’s telecom giant KT Corp. is set to innovate its media and content businesses with artificial intelligence as it seeks new growth d...
Apr 29, 2024 (Gmt+09:00)
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Chemical Industry
LG Chem to supply switchable glass films to Webasto
LG Chem Ltd. is venturing into the automotive smart glass film market as it has won an order to supply its switchable glazing films to German auto p...
Apr 29, 2024 (Gmt+09:00)
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Bio & Pharma
Korean botox sales gain momentum in US, China
South Korea is ramping up exports of botulinum toxin to the US and China, the world’s two top consumers of the neurotoxin protein, with its pr...
Apr 29, 2024 (Gmt+09:00)
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Automobiles
Genesis unveils GV70 facelift ahead of Korean debut in May
Hyundai Motor Co.'s premium brand Genesis on Friday unveiled the GV70 facelift as the leading South Korean automaker plans to launch the luxury mids...
Apr 26, 2024 (Gmt+09:00)