South Korea league tables
Scope
Date
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Electric vehicles
Half of EV imports in Korea run on Chinese batteries as EV fires rise
Of 58 electric vehicle models running on the streets of South Korea, 22 models are equipped with Chinese batteries, a survey showed on Friday.Accord...
Aug 09, 2024 (Gmt+09:00)
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Energy
Korea seeks to curb China's offshore wind farm dominance
South Korea will prioritize non-price factors such as economic security and contributions to the domestic supply chain over bidding prices when sele...
Aug 09, 2024 (Gmt+09:00)
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Energy
KOGAS executes first simultaneous LNG bunkering in Korea
South Korea's state-run Korea Gas Corp. (KOGAS) said on Friday that its subsidiary, Korea LNG Bunkering, successfully carried out the country’...
Aug 09, 2024 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1, Palantir join forces on AI weaponry
LIG Nex1 Co., a leading South Korean defense contractor, is teaming up with US artificial intelligence (AI) specialist Palantir Technologies to deve...
Aug 09, 2024 (Gmt+09:00)
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Hydrogen economy
HD Hyundai secures Korea's hydrogen engine generator project
HD Hyundai Infracore Co., a construction equipment and engine manufacturer, said on Thursday it has won the government's first project to develop ge...
Aug 08, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Innotek, Ansys forge digital twin technology partnership
South Korea's LG Innotek said on Thursday that it would expand the use of digital twin technology across its operations, partnering with engineering...
Aug 08, 2024 (Gmt+09:00)
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Leadership & Management
Samsung SDS gains AI management system certification
Samsung SDS Co. announced on Thursday that it has become the first company in South Korea's IT service industry to receive the ISO/IEC 42001 certifi...
Aug 08, 2024 (Gmt+09:00)
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Chemical Industry
Gas maker Air Products Korea put on sale for around $3.6 bn
US industrial gas maker Air Products and Chemicals Inc. has put its South Korean unit up for sale for an estimated 5 trillion won ($3.6 billion), in...
Aug 07, 2024 (Gmt+09:00)
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Artificial intelligence
LG unveils Korea’s 1st open source AI to take on Meta, Google
LG Group, South Korea’s fourth-biggest conglomerate, on Wednesday introduced the country’s first open-sourced artificial intelligence la...
Aug 07, 2024 (Gmt+09:00)
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Energy
Samsung signs wind turbine structure supply deal with Equinor
South Korea's Samsung Heavy Industries Co. said on Wednesday that it has signed an exclusive agreement with Norway's state-owned energy company Equi...
Aug 07, 2024 (Gmt+09:00)
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Economy
S.Korea’s current account at near 7-year high on strong chip exports
South Korea reported its biggest monthly current account surplus in six years and nine months thanks to robust exports of semiconductors. But the gr...
Aug 07, 2024 (Gmt+09:00)
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Korean stock market
South Korean stocks rebound but still on rollercoaster
South Korean stocks on Tuesday recouped some of their hefty losses caused by the previous day's global panic selling after financial authorities iss...
Aug 06, 2024 (Gmt+09:00)
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Beauty & Cosmetics
South Korean beauty device makers bulk up through M&As
South Korean beauty device manufacturers are aggressively pursuing mergers and acquisitions both at home and abroad to expand their scale, diversify...
Aug 06, 2024 (Gmt+09:00)
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Korean startups
MLOps startup Vessl AI eyes 50% sales from US in 2025
Vessl AI, a South Korea-native MLOps platform-operating startup, is envisioning a takeoff in the US next year after building a concrete client base ...
Aug 05, 2024 (Gmt+09:00)
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Korean stock market
South Korean stock market crashes; more falls seen ahead
The South Korean stock market was one of the worst victims of panic selling by investors fearing further negative US economic news on Monday, with t...
Aug 05, 2024 (Gmt+09:00)
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Retail
GS25 to challenge Daiso in low-cost cosmetics market
South Korean convenience store chain GS25 said on Sunday it would expand the lineup of affordable and small-pack basic cosmetic products, targeting ...
Aug 05, 2024 (Gmt+09:00)
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Korean food
South Korea enjoys record-high kimchi exports in first half
South Korea's kimchi exports surged to an all-time high for a six-month period in the first half of this year, according to data from the Korea Agro...
Aug 05, 2024 (Gmt+09:00)
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Automobiles
Slowing economy creates opportunity for S. Korean used car sellers
South Korea’s used car sellers hope to take advantage of the slowing economic growth at home and abroad to expand their market shares.Lotte Re...
Aug 04, 2024 (Gmt+09:00)
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Airlines
Jeju Air seeks M&A, igniting race for top place in Korea's LCC market
Jeju Air Co., a leading South Korean low-cost carrier (LCC), will likely seek the acquisition and merger of a rival small airline operator amid inte...
Aug 02, 2024 (Gmt+09:00)
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Real estate
Korea's warehouses suffer oversupply, rising vacancies
Logistics centers in Seoul suburbs are suffering oversupply and rising vacancy rates, according to a report from South Korean commercial real estate...
Aug 02, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Korean cosmetics, Amazon Prime Day’s top beauty products
South Korean cosmetics were top picks among beauty products of Amazon Prime members during the global leading e-commerce platform’s largest an...
Aug 02, 2024 (Gmt+09:00)
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Regulations
S.Korea, China's technology leak, anti-dumping disputes surge
South Korean companies are getting tough on anti-dumping and patent infringement cases as they feel threatened by the intensifying price competition...
Aug 02, 2024 (Gmt+09:00)
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Economy
South Korea’s Inflation reaccelerates in July
South Korea’s headline inflation picked up at a stronger-than-expected pace in July, reaccelerating due to higher prices for agricultural and ...
Aug 02, 2024 (Gmt+09:00)
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Economy
S.Korea’s July household debt grows at fastest pace in over 3 years
South Korea’s household debt is expanding at the fastest pace in over three years, clouding growth in Asia’s fourth-largest economy and ...
Aug 01, 2024 (Gmt+09:00)
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Banking & Finance
Korea Investment manages Vista Land $50 mn global bond issuance
Korea Investment & Securities Co. announced on Thursday that its Hong Kong subsidiary KIS Asia managed the issuance of $50 million in global bon...
Aug 01, 2024 (Gmt+09:00)
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Banking & Finance
Woori Financial Group relaunches brokerage arm
Woori Financial Group has returned to South Korea’s brokerage service market after a decade with the launch on Thursday of Woori Investment &a...
Aug 01, 2024 (Gmt+09:00)
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Automobiles
Central Asia emerging as South Korea’s new used car export market
South Korea’s export volume of secondhand vehicles to Central Asia is increasing for an unexpected reason: Russia.According to the Korea Inter...
Jul 31, 2024 (Gmt+09:00)
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Real estate
Korean commercial real estate market to show slow recovery in H2
South Korea’s commercial real estate market will post a slow recovery in the second half of this year due to rate cut delays and no big correc...
Jul 31, 2024 (Gmt+09:00)
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Energy
South Korea to develop gas-cooled reactor with POSCO, SK, Daewoo
South Korea has embarked on a 44.5 billion won ($32.3 million) project to jointly develop an advanced gas-cooled nuclear reactor with related domest...
Jul 31, 2024 (Gmt+09:00)
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E-commerce
TMON, WeMakePrice file for court receivership amid liquidity troubles
TMON Inc. and WeMakePrice Co. – the e-commerce platforms owned by Singapore-based Qoo10 Pte. – have filed for court receivership amid co...
Jul 29, 2024 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer