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Seeking to expand its reputation as a high-end luxury brand, South Korean carmaker Hyundai Motor’s Genesis is set to enter Europe this summer, according to the company last week. Hyundai Motor plan...
The National Pension Service said on March 10 it would engage in voting for Posco chairman and chief executive officer Choi Jeong-woo’s new term as a Posco board member, in a way that does not affec...
South Korean e-commerce giant Coupang said Friday that it has strived to lower the work intensity of staff at its fulfillment centers through large-scale recruitment and investment in automation tech...
Posco International, South Korea’s largest trading company, said on Dec. 8 that it has invested in local laser cutting applications developer Innovated Technology. The two firms partnered through a...
SK Group is poised to make a big bet on the rising hydrogen market, seeing the fuel as a next-generation eco-friendly energy source. SK Holdings said on Dec. 1 that it established a hydrogen busine...
Korean Air Lines is inching closer to selling its yacht marina operation in Incheon to a new Korean buyer for roughly 130 billion won ($117 million). The investor group of Consus Asset Management a...
Hanwha Systems said on Nov. 27 that it has won a deal worth 45 billion won ($40.7 million) to develop a next-generation space radar that can detect and track space objects with precision. According...
Doosan Solus stocks rose to 49,400 won ($44.70) on Friday, a 6.7 percent increase from a day prior, following a local news report that the company is in talks with Tesla to supply electric copper foi...
South Korea’s major business organizations will see the terms of their incumbent chiefs end early next year, with attention being paid to who their successors will be. The term of Korea Chamber of ...
SkyLabs and Chong Kun Dang are initiating sales of ring-type heart monitoring device CART-I for the mass market starting December, SkyLabs announced on Nov. 23. Chong Kun Dang has paid SkyLabs 2.5 ...
The US’ International Trade Commission on Nov. 20 once again delayed its final ruling on a trade secret suit between Korean companies Medytox and Daewoong involving a botulinum toxin strain. The I...
Hanjin Group Chairman Cho Won-tae said on Nov. 18 that the merger of the nation’s two largest carriers, Korean Air and Asiana Airlines, will not lead to a price hike or workforce restructuring. Aft...
South Korean activist private equity fund KCGI on Nov. 17 lashed out at Korean Air‘s plan of acquiring its rival Asiana Airlines with the policy lender’s help, claiming that the scheme is being pursu...
Sartorius, a German life sciences company with 170 years of history, announced on Nov. 12 that it will invest $100 million in Korea’s bio cluster of Songdo in Incheon to build a manufacturing facilit...
Hyundai will offer lifetime updates for the ccOS. Hyundai Motor’s collaboration with Nvidia comes amid growing rumors that the carmaker is in talks with Softbank to acquire robot maker Boston Dy...
US rate freeze has limited impact on global financial markets: BOK
Housing market may face sharper-than-expected price correction: minister
Moody‘s ups credit outlook for JB Financial’s banking units from stable to positive
Wine imports hit record high in H1 over growing drinking-at-home culture
IMM in final stage of W1.1tr deal to buy stake in SK Lubricants
E-mart’s profitability to surge after Starbucks Korea acquisition: analysts
Number of young stock investors triples in 18 months: KB Securities
KakaoBank fails to set new record in IPO subscription
July 31, 2021
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