lung cancer-causing epidermal growth factor
Scope
Date
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Retail
Korea’s duty-free sales skid despite China border reopening
South Korea’s duty-free shops suffered a sharp decline in sales in June, when the number of Chinese visitors jumped more than three times that...
Aug 02, 2023 (Gmt+09:00)
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Bio & Pharma
Gencurix joins US gov't Cancer Moonshot project
South Korean cancer molecular diagnostics company Gencurix Inc. announced on Monday that it joins US President Joe Biden's cancer-conquering project...
Jul 31, 2023 (Gmt+09:00)
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North Korea
N.Korea's GNI lower than S.Korea's minimum monthly wage in 2022
It is estimated that North Korea's economic growth rate recorded -0.2% last year. This marks the third consecutive year of negative growth since the...
Jul 28, 2023 (Gmt+09:00)
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Bio & Pharma
Boryung Pharma's sales surpass $311 mn in H1 2023
South Korea’s Boryung Corp. has alleviated the fear of falling behind in its sector expressed by its third-generation chairman Jay Kim Jung-Gy...
Jul 28, 2023 (Gmt+09:00)
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Earnings
LG Energy lifts sales guidance; Samsung SDI sees firm growth
South Korean electric vehicle battery maker are offered upbeat market outlooks, gaining structural growth momentum through strong competitiveness wi...
Jul 27, 2023 (Gmt+09:00)
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Artificial intelligence
Lunit to supply AI diagnosis solution to Saudi's medical institution
South Korea's medical AI company Lunit announced on Wednesday that it has signed a contract to supply its artificial intelligence (AI) solution for ...
Jul 26, 2023 (Gmt+09:00)
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Energy
KEPCO strives to drive out birds meant to bring good luck
Magpies, which East Asians believe bring good luck and fortune, are posing a headache for Korea Electric Power Corp. (KEPCO), by gnawing at power ...
Jul 25, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's NGeneBio establishes US corporation NGeneBioAI
South Korean medical diagnostic company NGeneBio Co. announced on Monday that it has established an artificial intelligence (AI) precision diagnosti...
Jul 24, 2023 (Gmt+09:00)
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Bio & Pharma
Clinomics releases equipment that quickly finds lung cancer mutations
Clinomics, a South Korean biotech company specializing in liquid biopsies, on Thursday said it developed equipment that can detect four types of l...
Jul 21, 2023 (Gmt+09:00)
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Bio & Pharma
Novomics expands presence in Chinese cancer market
South Korean molecular diagnostics company Novomics Co. announced on Wednesday that it has signed a collaboration agreement with Chinese molecular d...
Jul 19, 2023 (Gmt+09:00)
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Bio & Pharma
Prestige Biopharma participates in US gov’t Cancer Moonshot
Prestige Biopharma, a Singapore-based biopharmaceutical company with operations in South Korea and the US, announced on Tuesday that it will partici...
Jul 18, 2023 (Gmt+09:00)
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Central bank
BOK warns of household lending risk on growth, inequality
South Korea’s central bank warned that household lending in the country has leaped to the world’s third highest and could hurt long-term...
Jul 17, 2023 (Gmt+09:00)
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Fashion
Tepid luxury sales widen gap between favorite and less-favored brands
The economic slowdown may have diminished South Koreans’ appetite for foreign designer goods, but that doesn't mean they've closed their walle...
Jul 17, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Tinder owner Match Group taps Sam Ahn as Asia's chief innovation officer
Match Group Inc., operating online dating and chat platforms like Tinder, Hinge and OkCupid in some 40 languages, has appointed its subsidiary Hyper...
Jul 13, 2023 (Gmt+09:00)
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Economy
S&P expects BOK to cut rate by 100 bps in 2024 for growth
South Korea’s central bank is expected to cut its policy interest rate by one percentage point next year with inflationary pressure easing fur...
Jul 12, 2023 (Gmt+09:00)
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Corporate strategy
LG Electronics aims to transform into platform-based tech firm by 2030
When LG Electronics Inc. made a surprise move to ungracefully exit the mobile phone business, one of its mainstay businesses, two years ago, investo...
Jul 12, 2023 (Gmt+09:00)
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Batteries
S.Korea’s imports of LFP cathode reverses to growth after 8 years
South Korea's imports of cathode materials used to make lithium ferrophosphate (LFP) batteries in the first five months of this year rose for the fi...
Jul 11, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor breaks out of 3-year slump in China
South Korea’s Hyundai Motor Co. has broken out of its slump in China, with its Chinese joint venture posting its first sales growth in four ye...
Jul 09, 2023 (Gmt+09:00)
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Earnings
LG Elec Q2 profit misses forecast on costs; stocks tumble
LG Electronics Inc., the world’s leading home appliance maker, missed quarterly profit projections due to one-time costs related to job cuts, ...
Jul 07, 2023 (Gmt+09:00)
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Hydrogen economy
POSCO Int'l to build 1.26 mn tons of green hydrogen infrastructure by 2035
South Korea's largest trading company POSCO International revealed on Friday its strategy to establish a green hydrogen supply infrastructure with...
Jul 07, 2023 (Gmt+09:00)
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Earnings
Samsung chip turnaround likely in second half after dismal Q2
Samsung Electronics Co. expects to see light at the end of the tunnel with a likely turnaround of its mainstay chip business in the second half afte...
Jul 07, 2023 (Gmt+09:00)
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Korean stock market
GS E&C loses $230 mn market capitalization in one day
GS Engineering & Construction Co.'s stock price plummeted on Thursday in the aftermath of the underground parking lot collapse. Following the Mi...
Jul 06, 2023 (Gmt+09:00)
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Food & Beverage
McDonald’s to increase locations by 25% in S.Korea by 2030
McDonald’s Corp., the world’s top fast-food restaurant operator, is set to increase the number of its locatons in South Korea by 25% to ...
Jul 05, 2023 (Gmt+09:00)
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Corporate restructuring
LG Chem seeks to sell 2nd NCC facility in Korea in face of China’s ascent
LG Chem Ltd. has embarked on a process to sell its core naphtha cracking center (NCC) in South Korea, estimated at about 3 trillion won ($2.3 billio...
Jul 02, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion applies for approval in US for eye treatment biosimilar
South Korean biopharmaceutical company Celltrion Inc. on Friday said it applied for approval from the US Food and Drug Administration (FDA) for CT-P...
Jun 30, 2023 (Gmt+09:00)
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Beauty & Cosmetics
CJ Olive Young to develop inner beauty as new growth engine
South Korea's top beauty chain CJ Olive Young said on Thursday that it plans to capitalize on the growing market for inner beauty, positioning it as...
Jun 29, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific to strengthen partnership with A.S. Watson
South Korean beauty and cosmetics giant Amorepacific Group announced on Tuesday that it has signed a memorandum of understanding with A.S. Watson ...
Jun 27, 2023 (Gmt+09:00)
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Artificial intelligence
AI talent shortage poses threat to Korean AI tech development
Since the advent of the AI-powered chatbot sensation ChatGPT, the battle to win AI talent across companies large and small has intensified, threaten...
Jun 23, 2023 (Gmt+09:00)
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Bio & Pharma
LegoChem Bio receives FDA approval for phase 1,2 trials of LCB84
South Korean pharmaceutical firm LegoChem Biosciences Inc. announced on Thursday that it has received approval from the US Food and Drug Administrat...
Jun 23, 2023 (Gmt+09:00)
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Private equity
Central Europe’s fast-growing economy attracts global investors: Abris
More investors choose safer assets in developed regions such as the US and Western Europe today with rate hikes and liquidity tightening. But Poland-b...
Jun 23, 2023 (Gmt+09:00)