high-performance water-based paint
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Bio & Pharma
Samsung Life Science invests in US biotech firm Latus Bio
Samsung Life Science Fund, managed by Samsung Group’s venture investment arm, has invested in US biotechnology firm Latus Bio Inc. during the ...
May 03, 2024 (Gmt+09:00)
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Korean chipmakers
Sapeon to supply NPU IP to Telechips
Sapeon Inc., the artificial intelligence (AI) chip subsidiary of South Korea's SK Telecom Co., announced on Friday that it will supply its AI semico...
May 03, 2024 (Gmt+09:00)
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Bio & Pharma
Lunit, Radiobotics team up to enter EMEA markets
South Korean medical AI company Lunit announced on Thursday that it partnered with the Danish musculoskeletal AI diagnostics company Radiobotics ApS...
May 02, 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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Food & Beverage
Ediya Coffee introduces Taiwan Pay
South Korea's homegrown coffee chain Ediya Coffee announced on Tuesday that it introduced Taiwan's popular mobile payment platform Taiwan Pay (TWQR)...
Apr 30, 2024 (Gmt+09:00)
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Travel & Leisure
S.Korea sees record-high foreign visitors after pandemic
South Korea saw a record-high number of foreign tourists post-COVID-19 in the first quarter of 2024. The South Korean Ministry of Culture, Spor...
Apr 30, 2024 (Gmt+09:00)
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Energy
Malaysia, OCI’s base set to beat Chinese polysilicon rivals
SARAWAK, Malaysia – OCI Group, South Korea’s leading chemical and green energy conglomerate, is expanding its polysilicon facility in Ma...
Apr 29, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Lotte Global Logistics partners with CMA CGM
South Korea's Lotte Global Logistics announced on Monday that it partnered with the France-based world's third-largest shipping company CMA CGM.&nbs...
Apr 29, 2024 (Gmt+09:00)
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Foreign exchange
Navigating choppy waters: Dollar-won FX forecasting
Late last year, when the Korean won traded at 1,288 per dollar, most market analysts and economists predicted that the Korean currency would regai...
Apr 26, 2024 (Gmt+09:00)
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Earnings
Kia logs record profit, revenue in Q1 on weak won
Kia Corp., the second-largest automaker in South Korea, posted record quarterly profit and revenue for the first three months of this year, backed b...
Apr 26, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Motor ties up with CATL to reinvigorate China market with EVs
BEIJING -- Hyundai Motor Co., South Korea’s top carmaker, has joined hands with Contemporary Amperex Technology Co. (CATL), the leading global...
Apr 25, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai, Philly Shipyard cooperate to enter US
South Korea’s HD Hyundai Heavy Industries Co. announced on Wednesday that it has recently signed a memorandum of understanding (MOU) for desig...
Apr 24, 2024 (Gmt+09:00)
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Insurance
Korea's Lotte Insurance put on market for around $1.5 bn
Lotte Group’s non-life insurance affiliate Lotte Insurance Co., has been put up for sale at around 2 trillion won ($1.5 billion), according to...
Apr 23, 2024 (Gmt+09:00)
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Banking & Finance
Hana Bank launches All-care Solution for Real Estate Wealth
South Korea's Hana Bank announced on Tuesday that it launched the premium real estate wealth management service Hana Real Estate All-care Solution i...
Apr 23, 2024 (Gmt+09:00)
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Retail
Lotte Dept. Store introduces AI translation service
South Korea's Lotte Department Store announced on Monday that it introduced an artificial intelligence (AI) interpretation service for foreign touri...
Apr 22, 2024 (Gmt+09:00)
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Banking & Finance
Hyundai Capital to set up units in Indonesia, Australia
Hyundai Capital Services Inc., the consumer finance unit of the world’s third-largest automaker Hyundai Motor Group, plans to establish subsid...
Apr 18, 2024 (Gmt+09:00)
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Future mobility
Hyundai, Toray to team up to develop mobility materials
Hyundai Motor Group said on Thursday it has signed a strategic partnership agreement with Japan's Toray Industries Inc. to jointly develop carbon fi...
Apr 18, 2024 (Gmt+09:00)
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Batteries
POSCO Holdings, KNOC to jointly secure lithium in Canada
POSCO N.EX.T Hub, the venture platform of POSCO Holdings Inc., announced on Thursday that it signed a memorandum of understanding (MOU) with the K...
Apr 18, 2024 (Gmt+09:00)
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Electronics
With AI tech, Samsung Electronics on par with Apple: Han Jong-hee
MILAN, ITALY – South Korean tech giant Samsung Electronics Co. has for years been desperate to catch up to US Big Tech Apple Inc. in high-end ...
Apr 17, 2024 (Gmt+09:00)
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Real estate
Keppel REIT to sell Seoul-based prime office T Tower
Singapore’s Keppel REIT Management Ltd. is set to divest of its Seoul-based prime office building T Tower near Seoul Station.Real estate manag...
Apr 16, 2024 (Gmt+09:00)
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Real estate
SK D&D, Habyt to cooperate for residential business
SK D&D Co., a real estate unit of South Korea’s SK Group, announced on Tuesday that it signed a memorandum of understanding (MOU) with the...
Apr 16, 2024 (Gmt+09:00)
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Private equity
Private markets open to more high-net-worth individuals: Hamilton Lane
The number of high-net-worth individuals allocating capital to private markets is increasing fast. These are wealthy individuals who own at least $1...
Apr 16, 2024 (Gmt+09:00)
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Electronics
Samsung to deploy smart home services in Miami
Samsung Electronics Co. announced on Sunday that it will deploy smart home services in the Miami residential complex, Florida with the US-based re...
Apr 15, 2024 (Gmt+09:00)
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Batteries
SK On, Siemens DISW to build smart factory system
South Korean rechargeable battery maker SK On Co. signed a memorandum of understanding (MOU) with Siemens Digital Industries Software (Siemens DISW)...
Apr 15, 2024 (Gmt+09:00)
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Automobiles
Korean tire makers step up push into bigger, high-margin tires
South Korean tire makers are betting big on premium tires fitted for sports utility vehicles, full-size sedans and electric vehicles, after bigger a...
Apr 12, 2024 (Gmt+09:00)
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Food & Beverage
Korea’s Orion to ship bottled water to China to challenge Evian
Orion Holdings Corp., the holding company of South Korea’s confectionary and snack maker Orion Corp., is set to export bottled water to China,...
Apr 12, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Elec, Microsoft, GE to collaborate for smart hospital
LG Electronics Inc. announced on Thursday that it signed a memorandum of understanding (MOU) with GE Healthcare Korea and Microsoft (MS) Korea to co...
Apr 12, 2024 (Gmt+09:00)
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Artificial intelligence
LG CNS hosts Startup Day in Silicon Valley
LG CNS Co., an information technology service company under South Korean conglomerate LG Group, announced on Thursday that it held the Startup Day i...
Apr 11, 2024 (Gmt+09:00)
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Automobiles
RVs, SUVs sweep top 4 spots in South Korea’s first-quarter auto sales
Recreational vehicles (RVs) and sport utility vehicles (SUVs) achieved an unprecedented feat by claiming the top four spots on the list of best-sell...
Apr 10, 2024 (Gmt+09:00)
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Automobiles
HD Hyundai Oilbank continues to fuel Superrace Championship
South Korea's HD Hyundai Oilbank announced on Monday that it will continue to exclusively supply fuel for the "2024 O-NE Superrace Championship," So...
Apr 09, 2024 (Gmt+09:00)
Latest News
- 1 NPS-backed new prime office struggles with poor demand
- 2 Affinity-backed SSG.COM offers first voluntary redundancy
- 3 Lotte to cut basic chemicals in portfolios for profitability
- 4 Young rich Koreans: Financially literate, self-directing
- 5 LG Elec logs record Q2 profit on home appliances, car parts