2023 Wards 10 Best Engines and Propulsion Systems

South Korea’s internet juggernaut Naver Corp. announced Friday it has launched a conversational search engine service called Knowledge Interac...

Hanwha Systems Co., the defense and air mobility unit of South Korea’s Hanwha Group, made another investment of $11 million in Kymeta Corp., a...

South Korea’s clothing original equipment manufacturers (OEM) are set to see a supercycle or a sustained period of expansion driven by robust ...

Heads of South Korea’s leading venture capital firms say domestic startups have entered a phase of overvaluation. The Korea Economic Dail...

South Korea’s venture capital firm Translink Investment and non-profit organization Banks Foundation for Young Entrepreneurs agreed to launch ...

South Korea’s automakers were on high alert as President-elect Yoon Suk-yeol pledged to ban new registrations of internal combustion engine ca...

International sanctions on Russia over its invasion of Ukraine are set to have a material impact on South Korea’s three largest shipbuilders, ...

South Korea’s SK E&S Co. is set to enter the business of carbon storage in depleted gas fields.The natural gas business unit of SK Group s...

South Korea’s three defense-related companies have signed a combined 3.71 billion Saudi riyal ($989 million) contract to supply ammunition and...

South Korea’s defense makers are in the spotlight as nations are expected to boost their military power amid the Russia-Ukraine war. Industry ...

Hyundai Motor Co., South Korea’s top automaker, and Iveco Group NV, Italia's truck maker, have agreed to join hands on their commercial vehicl...

SK Group stands out from other South Korean conglomerates in making good use of private equity funds to raise money for business expansion.The count...

South Korea's Hyundai Heavy Industries Holdings Co. is scheduled to construct a large-scale shipyard for very large crude carriers (VLCCs) and a mar...

US semiconductor manufacturer Western Digital Corp. announced Tuesday it will raise the price of its NAND flash memory chips by 10%. Earlier ...

The merger of KB Life Insurance Co., an insurer under KB Financial Group Inc. of South Korea, and Prudential Life Insurance Co. of Korea will be c...

National Pension Service (NPS) of South Korea posted a 10.86% rate of return in 2021, according to a preliminary data report by its investment man...

Artificial intelligence that composes music and creates images, a forecasting model that reduces the development period of customized anticancer dru...

Samsung Bioepis Co., a biopharmaceutical unit of Samsung Group, plans to double the number of its biosimilar products on sale to 10 by 2025 and acce...

SK On Co. is on track to become the world’s No. 1 battery maker by 2030, the company said on Sunday. During an interview with the in-ho...

South Korea's commercial drone manufacturer Nearthlab plans to apply for an initial public offering this year to get listed on the junior Kosdaq mar...

LG Energy Solution Ltd. has acquired US-based NEC Energy Solutions to expand its capabilities into the energy storage system (ESS) integration mar...

South Korea will create a roster of engineers in its core business sectors to monitor their travel in and out of the country. The decision aims to...

BlackRock, Blackstone, Singapore's GIC and Saudi's Public Investment Fund (PIF) are among the preliminary bidders for shares worth up to $4.2 billio...

South Korea’s Lotte Chemical Corp. plans to develop a decomposable bioplastic material in seawater for production based on petrochemicals for ...

In the era of space privatization, satellites are the driving forces.South Korea’s main defense systems makers are turning away from arms expo...

Netflix’s new original drama series All of Us Are Dead was another South Korean drama hit, but stocks related to the new zombie thriller have ...

South Korea's IMM Investment Corp. has agreed to invest 140 billion won ($120 million) in Iyuno-SDI Group, valuing the world's largest dubbing and s...

Hyundai Engineering Co., the plant engineering and construction unit of South Korea’s Hyundai Motor Group, dropped a listing plan to raise up ...

Hyundai Engineering Co., the plant engineering and construction unit of South Korea’s Hyundai Motor Group, plans to spend as much as 1.5 trill...

Naver Corp. is ramping up its recruitment of global talent in artificial intelligence. The South Korean tech giant announced Monday that it h...