Celltrion unveils cancer medicine to expand new drug pipelines

South Korea’s leading biosimilar drug developer Celltrion Inc. on Sunday unveiled an anticancer medicine to expand new pipelines and accelerat...

NPS logs 9.71% return in H1 led by US tech stocks

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, posted a 9.71% investment return for the first half of ...

Coupang fined $102 mn for alleged search algorithm manipulation

Coupang Inc., South Korea’s largest e-commerce platform, was fined 140 billion won ($102 million) on Thursday for allegedly manipulating searc...

Naver unveils reports of Qatar Asian Cup utilizing AI

South Korea's Naver Corp. announced on Friday that it has published AI Scout Report for the Asian Football Confederation (AFC) Asian Cup 2023, which...

Naver’s 'Cue:' throws down the gauntlet to MS Bing Chat

Naver Corp., South Korea’s dominant web portal operator, on Wednesday launched a beta service of its new generative artificial intelligence te...

Naver to unveil AI chatbot Cue: in September 2023

South Korea's web portal giant Naver Corp. on Friday announced the lineup and release schedule of services using its hyperscale artificial intellige...

Korea’s NPS bets on more local semiconductor stocks in Q2

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund with 975.6 trillion won ($754.2 billion) in assets under...

LG Chem receives FDA nod for CUE-102 cancer treatment phase 1 trials

LG Chem Life Sciences, the biopharmaceutical unit of LG Chem Ltd., has received the US Food and Drug Administration’s approval for phase 1 cli...

SK Inc. to invest $102 million in China’s copper foil firm Lingbao Wason

SK Inc., the holding and investment company of South Korea’s SK Group, plans to invest 120 billion won ($102 million) in China’s Lingbao...

Korean insurers invest $102 mn in senior debts of Manhattan building

Three South Korean insurance firms have invested 115 billion won ($102 million) in senior secured debts of a building in Manhattan, New York which is ...