Korea Delphi Automotive Systems
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Banking & Finance
Hana Bank issues Hana Certification in 16 languages
South Korea's Hana Bank announced on Monday that it launched the Hana Certificate service in 16 languages. The service is available through the...
Mar 04, 2024 (Gmt+09:00)
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Shareholder activism
Palliser Capital backs proxy fight with Samsung C&T
Palliser Capital, a London-based hedge fund, said on Sunday it will vote in favor of other activist shareholders’ proposals for Samsung C&...
Mar 04, 2024 (Gmt+09:00)
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Tech, Media & Telecom
S.Koreans watch YouTube over 40 hours a month
South Koreans spend more than 40 hours per month on YouTube, according to the study on Monday.Wiseapp·Retail·Goods, the domestic appli...
Mar 04, 2024 (Gmt+09:00)
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Automobiles
No end in sight to Audi’s downfall in South Korea
Audi AG, once considered one of the top three German premium auto brands in South Korea, seems to have lost its charm among Korean consumers. Its sh...
Mar 04, 2024 (Gmt+09:00)
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Batteries
POSCO Future M to import natural graphite from Africa
South Korea’s only anode materials producer POSCO Future M Co. will import a maximum 60,000 tons of natural graphite products from Balama Grap...
Mar 01, 2024 (Gmt+09:00)
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Korean stock market
NPS to invest up to $8.2 bn in undervalued Korean stocks
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is expected to invest up to 11 trillion won ($8.2 ...
Mar 01, 2024 (Gmt+09:00)
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Energy
CSCEC, SK Ecoplant in $1.9 bn Egypt renewable energy deal
China State Construction Engineering Corp. (CSCEC), the world’s largest builder, and South Korea’s SK Ecoplant Co. are set to team up on...
Feb 29, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HPS, CE-TEK to develop onboard carbon capture system
Hyundai Heavy Industries Power Systems Co. (HPS) will join hands with HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) and CE-TEK Ltd. to...
Feb 29, 2024 (Gmt+09:00)
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Food & Beverage
Homegrown coffee chains emerge as strongest players in Korea
Competition in South Korea’s coffee market is intensifying with the rise of fast-growing local brands such as Mega Coffee and Compose Coffee, ...
Feb 29, 2024 (Gmt+09:00)
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Electric vehicles
EVSIS completes new smart factory in Cheongju
EVSIS, Lotte Data Communication Co. 's electric vehicle (EV) charging subsidiary, announced on Thursday that it held the completion ceremony for i...
Feb 29, 2024 (Gmt+09:00)
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Artificial intelligence
Meta’s AI, XR push to gain speed with Korea’s support
South Korea is backing Mark Zuckerberg, founder and chief executive officer of Meta Platforms Inc., in the Facebook operator’s artificial inte...
Feb 29, 2024 (Gmt+09:00)
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Travel & Leisure
KTO, Orange Square to promote tourism for Japanese
The Korea Tourism Organization (KTO) and South Korea's Orange Square signed a business agreement on Thursday to encourage more spending by Japanese ...
Feb 29, 2024 (Gmt+09:00)
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Artificial intelligence
S.Korea's Upstage to develop on-device AI Office
South Korea's artificial intelligence (AI) startup Upstage announced on Thursday that it will co-develop and commercialize On-device AI Office with ...
Feb 29, 2024 (Gmt+09:00)
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Venture capital
Mubadala ties up with Korea’s Woori for global investments
Mubadala Investment Co., Abu Dhabi’s sovereign wealth fund, has joined hands with Woori Financial Group, South Korea’s fourth-largest fi...
Feb 28, 2024 (Gmt+09:00)
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Pension funds
NPS logs record return rate in 2023 on stocks’ bull run
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, posted a 13.59% annualized return last year, makin...
Feb 28, 2024 (Gmt+09:00)
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Economy
S.Korea’s fertility rate hits new world-record low in 2023
Trapped in a downward spiral, South Korea saw the country’s total fertility rate hit a new record low of 0.72, also again the world’s lo...
Feb 28, 2024 (Gmt+09:00)
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Fashion
S.Korea’s fashion brand Time to debut at Paris Fashion Week
Time, South Korea’s best-selling women’s fashion brand which is owned by Handsome Corp., will participate in Paris Fashion Week fall/w...
Feb 28, 2024 (Gmt+09:00)
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Chemical Industry
SK Enmove, UK’s Iceotope to develop coolant for SK Telecom’s data center
South Korea’s lube oil maker SK Enmove Co. has partnered with UK-based precision liquid cooling system specialist Iceotope Technologies Ltd. t...
Feb 28, 2024 (Gmt+09:00)
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North Korea
While the World Was Looking Elsewhere, North Korea Became a Bigger Threat
SEOUL—In March 2022, North Korean leader Kim Jong Un walked out of a massive hangar wearing a bomber jacket and dark sunglasses. He pointed to t...
Feb 27, 2024 (Gmt+09:00)
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Travel & Leisure
Mohegan fuels casino, resort market rivalry in Korea
Mohegan Inspire Entertainment Resort on Yeongjong Island, near South Korea’s gateway Incheon International Airport, is attracting throngs of v...
Feb 27, 2024 (Gmt+09:00)
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Construction
Hanwha resumes $10 billion Bismayah new city project in Iraq
South Korea’s Hanwha Corp. is resuming a $10 billion project to build a Bismayah new city in Iraq after a 16-month hiatus as stakeholders see ...
Feb 27, 2024 (Gmt+09:00)
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Korean stock market
Korea announces measures to upvalue local shares
The South Korean financial regulator announced basic guidelines under the so-called corporate value-up program on Monday, with measures to boost the...
Feb 26, 2024 (Gmt+09:00)
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Energy
Korea-led group wins Indonesia's power plant service deal
A consortium led by South Korean companies has bagged 130 billion won ($98 million) worth of an offshore plant service order from Indonesia under a ...
Feb 26, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea’s HD KSOE bags $1.1 bn order to build LNG carriers
South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said on Monday it has secured a $1.08 billion con...
Feb 26, 2024 (Gmt+09:00)
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Fiber & Textile
Kolon Industries upgrades aramid smart factory system
Kolon Industries Inc. has upgraded its smart factory system to ensure its doubled production capacity of super fiber aromatic polyamide fibers (aram...
Feb 26, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Zuckerberg to meet LG CEO for XR headset development
Mark Zuckerberg, chief executive of US tech giant Meta Platforms Inc., will meet LG Electronics Inc. CEO Cho Joo-wan in Seoul around Feb. 28 to disc...
Feb 25, 2024 (Gmt+09:00)
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Foreign exchange
S.Korea’s foreign currency deposits fall as dollar’s strength seen limited
South Korea’s foreign currency deposits fell for the first time in four months in January as the dollar’s further gains versus the won f...
Feb 23, 2024 (Gmt+09:00)
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Electronics
LG Electronics to upgrade your bathroom with high-tech appliances
LG Electronics Inc., the leading global home appliance maker, on Friday said it is set to showcase new products for bathrooms for the first time, ma...
Feb 23, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace, home of Korea’s next-generation space industry
CHANGWON, South Gyeongsang Province – South Korea’s Hanwha Aerospace Co. aims to establish a foothold in the global rocket industry domi...
Feb 23, 2024 (Gmt+09:00)
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The KED View
Defy convention with long-run plans to upvalue Korean stocks
The South Korean stock market has been on an upward swing in recent weeks, with many partly attributing it to President Yoon Suk Yeol’s pledge...
Feb 23, 2024 (Gmt+09:00)
Latest News
- 1 Apparel maker Hansae sets sights on auto parts business as new growth driver
- 2 Hyundai, Kia production may be disrupted by subsidiary labor strike
- 3 UCK Partners advises Korean-style approach for buyout deals
- 4 Hankook Tire supplies tires to BMW
- 5 HD Hyundai to build int'l standards for carbon emissions