five vegetables banned in Buddhism
Scope
Date
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Electronics
Samsung Bespoke refrigerator sells 3 mn units in five years
Samsung Electronics Co. announced on Tuesday that the cumulative sales of its Bespoke refrigerator in the South Korean market have surpassed 3 milli...
Jun 26, 2024 (Gmt+09:00)
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Batteries
SK On to sell $360 mn in perpetual bonds amid tough EV market
SK On Co., the world’s fifth-largest electric vehicle battery maker, plans to sell 500 billion won ($359.6 million) in its first perpetual bon...
Jun 25, 2024 (Gmt+09:00)
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Short selling
MSCI keeps Korea on emerging market list on short-selling ban
MSCI Inc. maintained South Korean stocks in its emerging market list as the government kept its blanket short-selling ban, denting the country&rsquo...
Jun 21, 2024 (Gmt+09:00)
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Food & Beverage
Ediya Coffee expands to Malaysia following Guam
South Korea's homegrown coffee chain Ediya Coffee announced on Friday that it has signed a master franchise agreement in Malaysia, marking the begin...
Jun 21, 2024 (Gmt+09:00)
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Airlines
South Korea-Japan air travelers soar to 10 mn in first five months
The number of air passengers traveling between South Korea and Japan has surpassed 10 million in the first five months of this year, setting a new r...
Jun 21, 2024 (Gmt+09:00)
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Regulations
Korea likely to lift short-selling ban in April after leveling playing field
South Korea’s financial regulator, the Financial Services Commission (FSC), said on Thursday it will extend its blanket stock short-selling ba...
Jun 13, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis unveils M.VICS 5.0
Hyundai Mobis, the world’s sixth-largest auto parts maker, unveiled the latest version of its next-generation integrated cockpit system M.VICS...
Jun 11, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean launches large offshore WTIV
South Korea's Hanwha Ocean Co. announced on Monday that it launched a large wind turbine installation vessel (WTIV), which it secured an order for f...
Jun 10, 2024 (Gmt+09:00)
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Korean stock market
Korea's short-selling ban impedes MSCI index upgrade
South Korea is expected to retain its MSCI’s emerging market status as the global index provider said in its June 6 report that the country&rs...
Jun 07, 2024 (Gmt+09:00)
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Energy
South Korea finds massive crude oil, gas prospects in East Sea: Yoon
South Korea, which heavily relies on imports for its energy use, has found a potentially massive reserve of oil and gas offshore close to its southe...
Jun 03, 2024 (Gmt+09:00)
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Electronics
LG named UK’s best home entertainment brand for five years
LG Electronics Inc. announced on Wednesday that it has been named Home Entertainment Brand of the Year at the "Which? Awards," hosted by the UK non-...
May 22, 2024 (Gmt+09:00)
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Aerospace & Defense
SM Bexel supplies $14.7 mn lithium ampoule batteries to KDI
SM Bexel Co., the battery manufacturing arm of South Korea's SM Group, announced on Tuesday that it signed a supply contract worth 20 billion won ($...
May 21, 2024 (Gmt+09:00)
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Short selling
Korea may partially lift short-selling ban from June: regulator
NEW YORK -- South Korea may partially lift a ban on short selling in the domestic stock market from as early as June, before removing the blanket ba...
May 20, 2024 (Gmt+09:00)
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E-commerce
Korea scraps ban on online purchase of 80 items from abroad
South Korea has scrapped a plan to ban direct purchases of some 80 items from overseas e-commerce platforms, a government office said on Sunday, aft...
May 19, 2024 (Gmt+09:00)
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Regulations
South Korea to ban Chinese online products without KC certification
South Korea will ban products purchased online through overseas shopping platforms but without the KC certification amid growing concerns about prod...
May 17, 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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Cryptocurrencies
Upbit’s staking deposits exceed $2.2 bn
The staking deposits of Upbit, South Korea's leading crypto exchange, surged past 3 trillion won ($2.2 billion) by the end of April, according to ...
May 09, 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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Travel & Leisure
Aman, Rosewood, Banyan, IHG rush to open luxury hotels in Seoul
Renowned global hospitality companies, including Aman, Rosewood and IHG Group, are rushing to South Korea to launch new five-star luxury hotels in...
May 05, 2024 (Gmt+09:00)
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Machinery
LS Electric wins $23 mn order for Thai railway signal system
South Korea's LS Electric Co. won a contract from the State Railway of Thailand to construct a railway signaling system for a 177 km section between...
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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Food & Beverage
Tous les Jours to open five stores in Cambodia
Tous les Jours, the bakery brand under South Korea's CJ Foodville, announced on Monday that CJ Foodville signed a master franchise (MF) agreement wi...
Apr 29, 2024 (Gmt+09:00)
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Short selling
Korea builds system to speed up naked short-selling ban
South Korea’s top financial regulator is set to build a centralized digital system to strengthen the prevention of naked short-selling as the ...
Apr 25, 2024 (Gmt+09:00)
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Food & Beverage
Tim Hortons opens sixth store in S.Korea
Canadian coffee brand Tim Hortons opened its sixth store in K-Twin Towers in Gwanghwamun, Seoul, South Korea, according to the company on Tuesday.&n...
Apr 16, 2024 (Gmt+09:00)
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Fashion
Korea’s Sae-A Trading buys US sportswear maker Tegra
South Korean textile maker and supplier Sae-A Trading Co. said on Tuesday it has signed a definitive agreement to acquire US sportswear maker Tegra ...
Apr 09, 2024 (Gmt+09:00)
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E-commerce
Coupang's PB SMEs in S.Korea triple in five years
Coupang Inc., South Korea's leading e-commerce platform, announced on Sunday that the number of small and medium-sized enterprise (SME) manufacturer...
Apr 08, 2024 (Gmt+09:00)
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Bio & Pharma
Medytox to supply $73 mn botulinum toxin to Brazilian firm
South Korea's biopharmaceutical firm Medytox Inc. announced on Tuesday that it signed a contract with Brazilian pharmaceutical company Blau Farmaceu...
Mar 26, 2024 (Gmt+09:00)
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Tech, Media & Telecom
In South Korea, Instagram thrives while Facebook declines
In South Korea, one of the world’s most wired countries, people can’t live without social networking services for everyday communication...
Mar 19, 2024 (Gmt+09:00)
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Construction
Hyundai L&C targets US, India with premium finishing material
Hyundai L&C, South Korea’s Hyundai Department Store Group’s building materials unit, said on Tuesday that it will increase the propo...
Mar 13, 2024 (Gmt+09:00)
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Energy
Doosan wins $114 mn Saudi power plant equipment order
Doosan Enerbility Co. said on Monday it has bagged an order worth 150 billion won ($114 million) to supply turbines and generators for two combined ...
Mar 12, 2024 (Gmt+09:00)