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Air New Zealand on Nov. 25 began flight services to South Korea to absorb growing travel demand from Asia’s fourth-biggest economy. On Nov. 23 (local time), Air New Zealand flight NZ75 departed A...
South Korean drug firm SK Biopharmaceuticals is expected to raise at least 5 trillion won ($4.25 billion) through a planned share sale, analysts said Nov. 25. The company said that XCOPRI has won...
Samsung Heavy Industries, the world’s second-biggest shipbuilder by orders, said Nov. 25 it has received a $1.5 billion LNG carrier order. Under the deal with an unidentified client in the Eurasi...
German-based luxury carmaker BMW Korea announced on Nov. 21 that it has hosted the “BMW Group Supplier Day 2019” event at the Grand Hyatt in Incheon. According to the company, it decided to host the...
After a brutal downturn this year, South Korea’s memory chip industry is expected to start recovering in 2020, led by growth in demand for 5G-enabled devices and the resumption of investments in data...
Hyundai Motor’s flagship full-size sedan Grandeur has been positioned as a luxurious car for the older generation and those of high social status in their late 40s and 50s in Korea. But with the New...
South Korean biotech firm Bridge Biotherapeutics CEO Lee Jung-kyu announced Nov. 22 that the company plans to expand further after going public in December. The company expects to be listed on the s...
Hyundai Motor said Nov. 22 it will launch the Lafesta electric vehicle in China next year. The company unveiled the Lafesta sedan at the 17th China Guangzhou International Automobile Exhibition t...
SK Biopharmaceuticals said Nov. 22 its anti-epileptic drug has won approval from the US Food and Drug Administration. The company said the FDA granted approval of XCOPRI, or cenobamate tablets, f...
Private equity firm Unison Capital announced on Nov. 21 that it will buy a 60 percent stake in local online shoe shopping mall operator Sappun for 35 billion won ($29.7 million). Sappun’s corporate ...
South Korea’s Samsung Bioepis said Nov. 20 that the US Food and Drug Administration has started reviewing its application for sales of SB8, a proposed biosimilar referencing Avastin. Samsung Group’s...
Samsung SDI has signed a 2.9 billion euros ($3.2 billion) deal with BMW to supply EV battery cells, the German automaker’s Korean unit said Nov. 21. BMW Chief Purchasing Officer Andreas Wendt sig...
South Korean carmaker Hyundai Motor said Nov. 21 it has unveiled its Vision T SUV concept at the Los Angeles Auto Show. The unveiling of the SUV concept is in line with Hyundai Motor’s stepped-up...
Kia Motors on Nov.21 launched its all-new K5 sedan in the domestic market to boost sales. The third-generation K5 midsize sedan is available in four trims: a 2.0-liter gasoline, a 1.6-liter turbo...
South Korean fashion giant LF announced on Nov. 19 that it has opened an additional Hazzys outlet in Vietnam. The new 130-square-meter outlet is located on the second floor of the Diamond Plaza Depa...
Samsung’s financial units brace for changes with new CEOs
S. Korea to launch financial data exchange platform in March
Student-led venture vibe livens up Seoul basement
S. Korea considering imposing 20% tax on cryptocurrencies
Alien Robot shows glimpse of future with robotic arm
Self-driving cars with lidar tech likely to hit Seoul roads soon
Samsung to acquire US network service provider
Goldman Sachs, SK to invest W50b in eco-friendly cold chain logistics center
January 25, 2020
