September 23, 2023

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EDITOR'S PICKS

• Markets 
  

  [From the Scene] HD Hyundai offers a glimpse of second-gen autonomous construction equipment

  HD Hyundai XiteSolution, the construction equipment arm of HD Hyundai, revealed the future of construction technology at Boryeong Proving Ground, a mock construction site in Boryeong, South Chungcheong Province on Wednesday. The company showcased their second-generation Concept-X equipment, an update following the introduction of the first generation in 2019. Concept-X represents the company's concept integrated IT-driven construction management system. This system employs drone 3D scanning to

• Markets 
  

  European automakers call for lower regulatory barriers for EVs

  European automakers called for a relaxation of regulations on selling electric vehicles in Korea during a press conference for the publication of a white paper by the European Chamber of Commerce in Korea on Thursday. The ECCK’s passenger vehicles committee chairperson, Kim Hong-joong, said that the recent law amendment requiring automakers to secure the pre-certification of electric vehicle batteries to prevent safety hazards should be aligned with United Nations standards. “We re

• Markets 
  

  [Herald Interview] Next & Bio aims to build Asia’s largest library of organoids

  South Korean biotech company Next & Bio, which specializes in developing organoid-based medicine solutions, aims to build the largest organoid library in Asia, its CEO told The Korea Herald in a recent interview. Organoids are cell-based in vitro models that mimic many aspects of the complex structure and function of the corresponding human organs. Organoid-based systems have been recently spotlighted as alternatives to animal experimentation in clinical research and precision medicine. &l

• Markets 
  

  SPC Samlip to showcase K-desserts at int'l food fair

  South Korean confectionery company SPC Samlip has joined global food trade fair Anuga to promote Korean dessert products, the company said Thursday. Anuga is an annual food trade fair held in Cologne, Germany. This year’s edition will run between Oct. 7-11, featuring around 8,000 companies from 100 countries. During the fair, which will attract over 100,000 visitors, SPC Samlip will introduce its 53 products, ranging from yakgwa (deep-fried honey cookies) to hotteok (sweet pancakes with

• Markets 
  

  New minister vows to revive exports, nuclear power industry

  South Korea's new Industry Minister Bang Moon-kyu on Wednesday vowed sincere efforts to expand exports for the country’s economic growth and to restore the ecosystem of nuclear power plants here swiftly. “We will do our best to expand exports that will revive our economy. … It’s important to expand private investment to spread export momentum. For this, the government will mobilize all resources and capabilities,” Bang said in his inaugural speech. Korea's export

• Markets 
  

  Late Samsung chairman’s Jindo dog project gets spotlight

   Samsung Group late Chairman Lee Kun-hee’s Jindo dog preservation project is getting a renewed spotlight as the group’s guide dog school marks its 30th anniversary this year. According to industry sources, the late Samsung patriarch acquired 30 Jindos in the late 1960s and strove to increase its population and raise its global awareness. “I spent days working with breeders, consulting with foreign experts and striving to create purebred Jindo dogs. When the original 30 d

• Markets 
  

  No more hurdles for Korea's nuclear reactor exports?

  A recent favorable ruling in the US may have lifted some pressure on South Korea regarding its export of nuclear reactors, but challenges remain as its US partner shows no sign of agreement in their ongoing legal disputes. The District Court for the District of Columbia on Tuesday dismissed Westinghouse Electric Company’s lawsuit against Korea Hydro & Nuclear Power, ruling that the US energy firm -- which lacks the authority to enforce US nuclear technology export control requiremen

• Markets 
  

  [Contribution] Priced for perfection?

  By Steve Brice In financial markets, there is an inherent tug-of-war between themes/stories and valuations. We are seeing one play out in the equity markets right before our eyes, in the semiconductor industry. This reminds me of my formative investment years of the late 1990s. While we should not blindly follow historical examples, this comparison is something for investors to bear in mind when it comes to making financial decisions and sizing investment positions. Let me start with a caveat.