KT to build hyperscale AI cloud infrastructure

South Korea has paved the way to use artificial intelligence (AI) semiconductors based on neural processing units (NPU) on cloud platforms to conduc...

HD KSOE breaks ground on marine engine plant in Saudi Arabia

HD Korea Shipbuilding & Offshore Engineering (KSOE) said on Sunday its joint venture Makeen has broken ground on a marine engine plant in Saudi ...

SK Pharmteco opens 2nd biomanufacturing plant in France

SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has secured a second plant ...

S.Korea attracts investment of $940 mn from 6 European companies

South Korea has attracted investment worth $940 million from six high-tech European companies to build factories and R&D centers.The six compani...

Private real estate debt shines on banks' financing gaps: Savills

More global investors are turning to the private debt market as bank loans are getting tougher under stricter lending regulations. Among a range of ...

Samsung SDS HQ sale likely to be Korea's biggest real estate deal of 2023

The sale of Seoul-based Samsung SDS Co. headquarters, which is likely to become South Korea's largest real estate market deal of 2023, is predicted ...

SK Chemicals, AZ mark first commercial production of diabetes drugs

South Korea's SK Chemicals has joined forces with global pharmaceutical firm AstraZeneca to initiate commercial production of a chemical drug for di...

S.Korea’s mobile carriers seek future from service robots

South Korea’s mobile carriers are strengthening the service robot business as the sector, combined with their know-how in the telecommunicatio...

Samsung C&T to participate in SMR project in Romania

South Korea's Samsung C&T Corp. is working with NuScale Power, a leading American nuclear power company, to promote the construction of a small ...

Samsung Bioepis to enhance biosimilar presence with Epysqli

FRANKFURT – Samsung Bioepis Co., a biopharmaceutical unit of South Korea’s top conglomerate Samsung, is looking to gain ground in the ra...

LG, FuriosaAI to jointly develop next-generation AI chip

LG AI Research Institute announced on Wednesday its strategic alliance with FuriosaAI, South Korea’s fabless chip designer. The partnership ...

LG CNS, Honeywell collaborate on smart factory

LG CNS Co., the information technology service arm of LG Group, is enhancing production efficiency and security in smart factories through collabora...

Germany's real estate mezzanine market to shine in 2023: Lenwood Capital

The global real estate market is under significant pressure due to increased interest rates and banks' tighter loan standards in 2023. Commercial re...

HD Hyundai Oilbank to build eco-friendly power plants

South Korea's HD Hyundai Oilbank is pursuing the construction of eco-friendly power plants powered by liquefied natural gas and blue hydrogen.The co...

Kia unveils European-style EV9

Kia Corp. is consolidating its status as an electrification frontrunner in Europe with the unveiling of the EV9, its inaugural large domestic electr...

12-color ‘Lakeside Recital’ held by 12 poets in Como, Italy

COMO, ITALY -- Como, a lakeside city with a glacial lake at the foot of the Alps in northern Italy. The 13th European International Poetry Festival &l...

Mirae Asset’s US real estate fund faces heavy losses

A private fund for US real estate managed by South Korea’s Mirae Asset Global Investments Co. has seen huge losses amid the tumble of the offi...

S.Korea succeeds in 3rd launch of homegrown rocket Nuri

GOHEUNG, SOUTH KOREA -- South Korea launched its homegrown space rocket on Thursday, making its first achievement to send a satellite for com...

Hyundai Mobis develops high-tech headlamp to prevent accidents at night

South Korea's automotive parts company Hyundai Mobis on Thursday announced its development of the HD Lighting System, a next-generation vehicle head...

Hanatour unveils ChatGPT-based travel information service

Hanatour Service Inc. announced on Friday the introduction of its beta service, "Travel Information AI," on Friday. The service utilizes artificial ...

Funding gap creates opportunities in private real estate debt: ASK 2023

Global real estate investors will see the funding gap continue for a while, which creates opportunities for private debt in the sector. The office s...

Multifamily, digital infrastructure have upside potential: ASK 2023

Investors will spur capital injection in global residential real estate and emerging infrastructure segments such as data centers and energy transit...

Hanwha Systems, KAI sign contracts to develop SAR satellites

Hanwha Systems Co. and Korea Aerospace Industries Ltd., Korea’s two leading aerospace and defense companies, have clinched deals with a govern...

Mirae Asset Securities acquires European ETF market maker GHCO

Mirae Asset Securities UK, the UK corporation of South Korea's Mirae Asset Securities, announced on Monday that it has acquired GHCO, a market-makin...

Three S.Korean poets invited to European Int'l Poetry Festival

The European International Poetry Festival "Europa in versi" will be held in Como, a lake city near Milan, Italy, from May 19 to 21.Thirteen poets f...

S.Korea to apply private advanced tech to military weapons in 5 years

South Korea has approved a fast-track system that slashes complex administrative procedures for application of private technology to the military&rs...

Hanwha Q Cells holds No.1 position in US solar module market

Hanwha Q Cells Co., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, secured the top position in the US resid...

Seoul advised to prepare exit plans for real estate funds

Global real estate investment funds managed by South Korean financial services firms have swelled by more than 14 times to 72 trillion won ($5.4 bil...

Multifamily emerges as Korean LPs’ top real estate pick for 2023

Multifamily housing has emerged as the most popular real estate segment for South Korean institutional investors, with senior secured loans picked as ...

POSCO Holdings to produce nickel in Indonesia

POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker, will directly produce nickel, a key material for sec...