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Following China’s approval for the merger of two shipping giants over the weekend, industry watchers said on Oct. 28 it has increased the odds for Hyundai Heavy Industries’ acquisition plan. China’s...
STX Corp., a South Korean general trading firm, said Oct. 28 it has signed a deal with Russian mining giant Mechel PAO to import coal and coke produced in the Kuzbass mines in Kemerovo, Russia. U...
South Korea’s Transport Ministry said Oct. 28 it will permit Fly Gangwon, the country’s seventh low-cost carrier, to begin operations next month, a move that could further heat up competition. An...
The 30th CPhI Worldwide 2019, the biggest global event of the year for the pharmaceutical industry, is set to take place at Messe Frankfurt in Germany from Nov. 5 to 7. Every year, CPhI brings toget...
The Seoul branch of Greenpeace has slammed South Korean carmaker Hyundai Motor, claiming that its green car strategy falls short of global movements on climate change. In a statement published on Oc...
South Korean biotech firm Bridge Biotherapeutics announced Oct. 25 that it had received preliminary screening approval for Kosdaq listing. The company applied for approval Sept. 3 and expects to be ...
Korean beauty giant Amorepacific is likely to shut down its luxury skincare brand Sulwhasoo outlet located at Galeries Lafayette department store in Paris due to low sales, according to sources on Oc...
Philip Morris Korea on Oct. 23 announced the launch of its upgraded version of heat-not-burn product iQOS 3 DUO. “I am strongly confident that the new innovative features of iQOS 3 DUO will further ...
Hyundai Mobis said Oct. 23 it will invest US$50 million in a US light detection and ranging (LiDAR) company for autonomous driving technologies. The South Korean firm has partnered with Velodyne ...
S-Oil said Oct. 23 its third-quarter net profit plunged 77.6 percent from a year earlier on inventory losses and a weak Korean won. Net profit for the three months ending Sept. 30 came to 51.6 bi...
Audi Korea on Oct. 23 launched the all-new A6 sedan in South Korea to revive sales that have been lackluster following the diesel emissions cheating scandal in 2016. The new A6 45 TFSI quattro is...
Private taxi drivers who complained that they had been left behind in deals between mobility platforms and taxi companies have joined forces with a 4-year old company to launch a new mobility platfor...
Hyundai Motor on Oct. 22 released a teaser of a large-sized hydrogen truck concept ahead of the North American Commercial Vehicle Show next week. The HDC-6 Neptune concept is part of Hyundai’s lo...
Hyundai Motor Group said Oct. 21 it has developed an artificial intelligence-based autonomous driving technology and will apply it in its models. The South Korean automaker has developed the smar...
South Korea’s low-cost carrier Eastar Jet on Oct. 18 denied a recent news report the company is up for sale. A local news outlet reported that Eastar Holding decided to sell its 39.6 percent stake i...
Korea’s coal power plants to lose profitability before lifetimes end: study
17 Korean startup founders named Forbes‘ young innovators
Multiple-home owners give flats away to family as new tax rules loom
Authorities vow to crack down on illegal crypto transactions
FSC to launch stock lending system for individual short sellers
Hana faces crisis over executives’ alleged sexism
PDI to host summit on private credit investing opportunities in Asia
Gamevil buys stake in local crypto exchange firm Coinone