Phase 1/2a trials
Scope
Date
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Korean chipmakers
Samsung rallies on expectations of Nvidia’s HBM order
SAN JOSE, Calif. – Samsung Electronics Co.'s stock zoomed on Wednesday after the world’s most famous AI chip provider Nvidia Corp. hinte...
Mar 20, 2024 (Gmt+09:00)
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Economy
Korea eyes $1.5 bn injection in KDB to boost chip, battery sectors
South Korea may inject some 2 trillion won ($1.5 billion) into Korea Development Bank (KDB) by the end of this month to support the state-run bank's...
Mar 18, 2024 (Gmt+09:00)
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Artificial intelligence
Lunit gets court approval for Volpara acquisition in New Zealand
South Korean medical AI company Lunit announced on Thursday that it received the first approval from the High Court of New Zealand for its plan to a...
Mar 14, 2024 (Gmt+09:00)
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Corporate governance
KT&G’s No. 1 shareholder IBK vetoes naming Bang as CEO
South Korea’s KT&G Corp., the world’s leading tobacco maker, is facing challenges in its chief executive appointment as the firm&rsq...
Mar 13, 2024 (Gmt+09:00)
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Economy
S.Korea’s travel deficit widens to 1-year high in January
South Korea’s travel account deficit reached its highest level in one year in January as a greater number of Koreans spent their winter break ...
Mar 08, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis applies 1,200 future mobility patents in 2023
Hyundai Mobis has strengthened its competitiveness in future mobility by filing numerous patents in the electric and autonomous driving fields.The c...
Mar 04, 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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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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Food & Beverage
S.Korean ramyun exports increase by 40% in January
South Korea's ramyun(instant noodles) exports increased 39.4% year-over-year to $86 million in January, according to the Korea Customs Service. Th...
Feb 29, 2024 (Gmt+09:00)
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Electronics
Samsung Bespoke AI Combo sells 1,000 units in three days
Samsung Electronics Co. 's the Bespoke AI Washer & Dryer Combo surpassed 1,000 units sold in three days, Feb. 24 to 26. The Bespoke AI C...
Feb 28, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung doubles down in HBM race with largest memory
Samsung Electronics Co. has developed the industry’s first 36-gigabyte (GB) 12-layer high-value, high-performance memory chip in a bid to rest...
Feb 27, 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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Automobiles
Kia Niro surpasses 1 million global sales
Kia Corp.'s Niro, a compact crossover SUV hybrid and electric vehicle (EV) model, has surpassed the 1 million global sales milestone since its first...
Feb 26, 2024 (Gmt+09:00)
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Automobiles
Hyundai to reignite Brazil’s mobility push with $1.1 billion investment
South Korea’s top automaker Hyundai Motor Co. said on Friday it will invest $1.1 billion in Brazil to reinvigorate the South American country&...
Feb 23, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia aim to raise Indian sales after record output
Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, aim to raise sales by 4.2% in India this year after logging record vehi...
Feb 22, 2024 (Gmt+09:00)
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Electronics
LG Display to pull out of LCD business; BOE, CSOT eye Guangzhou plant
LG Display Co. has put its liquid crystal display (LCD) panel plant in Guangzhou, China up for sale as the South Korean display panel maker plans to...
Feb 20, 2024 (Gmt+09:00)
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Aerospace & Defense
Perigee, Philippines gov’t to recycle small launch vehicle
South Korea's Perigee Aerospace Inc. announced on Tuesday that it has discussed collaboration with the Philippine Space Agency (PhilSA) for the laun...
Feb 20, 2024 (Gmt+09:00)
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Economy
South Korea tightens export controls to Russia, Belarus
South Korea will halt shipments of nearly 700 additional items, including rechargeable batteries, heavy equipment and cars with 2,000 and larger-lit...
Feb 20, 2024 (Gmt+09:00)
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Asset management
India equity funds top overseas stock funds in S.Korea
India equity funds registered in South Korea have doubled their investors' wealth over the past five years, luring high-net-worth individuals lookin...
Feb 19, 2024 (Gmt+09:00)
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Batteries
SK On seeks up to $1.5 billion in new funding
SK On Co., a South Korean electric vehicle battery maker, is seeking to raise up to 2 trillion won ($1.5 billion) to step up facility investments, b...
Feb 19, 2024 (Gmt+09:00)
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Asset management
Mirae Asset's Nasdaq-listed chip ETF soars amid AI craze
Mirae Asset Global Investments Co., one of the largest asset managers in South Korea, said on Thursday that its exchange-traded fund (ETF) TIGER US ...
Feb 08, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics signs ADC CDO deal with LegoChem Bio
Samsung Biologics Co. has agreed with South Korean biotech company LegoChem Biosciences Inc. to provide contract development organization (CDO) serv...
Feb 07, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Harim gives up HMM deal over management rights dispute
South Korea's leading poultry processor Harim Co. has walked away from a $5 billion deal to buy HMM Co., South Korea’s No. 1 ocean carrier, re...
Feb 07, 2024 (Gmt+09:00)
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Earnings
SK Telecom gears up for AI leap in 2024
SK Telecom Co., South Korea’s largest mobile carrier, will expedite its transition into an artificial intelligence company this year after its...
Feb 05, 2024 (Gmt+09:00)
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Electronics
LG unveils new stick vacuum cleaner with 20% less weight
LG Electronics Inc. released the cost-effective wireless vacuum cleaner LG CordZero A9 Air on Monday, reducing product weight and price burdens.Th...
Feb 05, 2024 (Gmt+09:00)
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Bio & Pharma
Aprogen gets OK Phase 3 trials in India for Herceptin biosimilar
South Korea’s biopharmaceutical company Aprogen Inc. announced on Monday that its Phase 3 clinical trial for a biosimilar of Herceptin (trastu...
Feb 05, 2024 (Gmt+09:00)
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Earnings
Hana Bank at record profit; office bets hit Hana Securities
South Korea’s Hana Financial Group on Wednesday reported a dip in net profit in 2023, with record earnings at its flagship Hana Bank offset by...
Jan 31, 2024 (Gmt+09:00)
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Infrastructure
Digital assets emerge as Korean LPs' No. 1 infrastructure target
Digital infrastructure, such as data centers, towers and smart meters, will be the hottest infrastructure asset this year for South Korean limited par...
Jan 31, 2024 (Gmt+09:00)
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Travel & Leisure
Number of foreign tourists visiting Korea surpasses 11 million in 2023
The number of foreign tourists visiting Korea last year exceeded 11 million, reaching 63% of the pre-COVID level, with over 1 million arrivals month...
Jan 30, 2024 (Gmt+09:00)
Latest News
- 1 NPS to ramp up shareholder engagement with overseas companies
- 2 Europe looms large as K-beauty brands look to blue ocean; cosmetics stocks rise
- 3 NPS gobbles up Korea’s top 4 financial holding stocks
- 4 US considers withdrawing thousands of troops from South Korea
- 5 KKR sells 9.5% stake in HD Hyundai Marine, recoups $450 million