Global Defense Corp.
Scope
Date
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Asset management
NFT to become game changer in new era: KED Conference in New York
NEW YORK – Non-fungible tokens (NFTs) will significantly influence a wide range of industries as millions of global investors flock to th...
Oct 06, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix hikes use of locally produced neon gas for chip manufacture
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it will significantly raise the use of locally produced neon, a ...
Oct 05, 2022 (Gmt+09:00)
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Corporate governance
Korea’s Aju to spin off key building material business
South Korea’s Aju Group is set to split its parent company into a construction material firm and an investment corporation to enhance its prof...
Sep 30, 2022 (Gmt+09:00)
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Real estate
Tiger Alternative, Ocean West sell 7 warehouses in US for $1 bn
A consortium led by South Korea’s Tiger Alternative Investors Co. and Los Angeles-based real estate firm Ocean West Capital Partners sold seve...
Sep 30, 2022 (Gmt+09:00)
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Batteries
SK On inks lithium deal with Australian firm for US tax credit
SK On Co., the world’s fifth-largest electric vehicle battery maker, has signed a deal with an Australian lithium producer. Securing the core ...
Sep 29, 2022 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem signs defense deal with Norway’s Kongsberg
South Korean arms maker Hyundai Rotem Co. has clinched a strategic partnership with Norway’s Kongsberg Defence & Aerospace AS to jointly d...
Sep 28, 2022 (Gmt+09:00)
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Batteries
Lotte Chem to buy Iljin at $1.9 bn for battery material biz
South Korea’s Lotte Chemical Corp. is set to acquire major domestic battery material maker Iljin Materials Co. at some 2.7 trillion won ($1.9 ...
Sep 27, 2022 (Gmt+09:00)
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Cryptocurrencies
Korean crypto buyers show higher risk appetite than global peers
South Korean cryptocurrency investors appear willing to take more risks than their global counterparts, balancing their portfolios between market le...
Sep 27, 2022 (Gmt+09:00)
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Foreign exchange
Korean won at fresh low since global financial crisis as markets crash
The South Korean won on Monday extended losses to a fresh low since the 2008-09 financial crisis as local financial markets lost ground, alongside t...
Sep 26, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Hanwha agrees to buy Daewoo Shipbuilding for $1.4 billion
South Korea's leading weapons manufacturer Hanwha Group agreed on Monday to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering ...
Sep 26, 2022 (Gmt+09:00)
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Aerospace & Defense
ETRI bolsters semiconductor technologies for use in aerospace defense
Daejeon-based Electronics and Telecommunications Research Institute (ETRI) is poised to further the development of semiconductor technologies for us...
Sep 23, 2022 (Gmt+09:00)
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Leadership & Management
Korea's Hyundai Mobis CEO Cho elected ISO president
South Korean auto parts maker Hyundai Mobis Co.’s CEO Cho Sung-hwan has been elected as the next president of the International Organization f...
Sep 23, 2022 (Gmt+09:00)
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Aerospace & Defense
Korea defense firms showcase new weapons for record exports
South Korean defense makers showcased next-generation products with artificial intelligence, robot and stealth functions for the future battlefiel...
Sep 21, 2022 (Gmt+09:00)
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Automobiles
Hankook Tire aims to join global top 5 with new EV-only tires
South Korea’s leading tire maker Hankook Tire & Technology Co. is aiming to join the ranks of the global top five tire makers with its lat...
Sep 20, 2022 (Gmt+09:00)
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Energy
Only 3 Korean energy companies make it on 2022 Fortune Global 500 list
SK Inc., KEPCO Co. and GS Caltex Corp. are the only South Korean firms among the 77 energy companies listed on the 2022 Fortune Global 500, based on...
Sep 20, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Naver targets global edtech sector with Whale browser
Naver Corp., South Korea’s online platform giant, is taking on global heavyweights in its aim to lead the international edtech sector, by prov...
Sep 19, 2022 (Gmt+09:00)
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Venture capital
Growing Korean corporate VCs provide silver lining to startups
South Korean companies are rushing to set up their own venture capital units, so-called corporate venture capital firms, to seek new growth engines ...
Sep 18, 2022 (Gmt+09:00)
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Entertainment
Disney focuses on local content for global expansion
ANAHEIM, California -- The Walt Disney Co. is concentrating on local content to attract more viewers worldwide for its streaming services through do...
Sep 16, 2022 (Gmt+09:00)
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Content platforms
Lotte Home Shopping to nurture Bellygom as a global character
Lotte Home Shopping Inc. announced Thursday the company will showcase Bellygom at a New York City exhibit next week, as part of a broader plan to gr...
Sep 15, 2022 (Gmt+09:00)
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Logistics
Hyundai Glovis receives $1.6 bn order from global carmaker
Hyundai Glovis announced on Wednesday that it received an order worth 2.2 trillion won ($1.6 billion) from a global carmaker, a record-high vehicle ...
Sep 14, 2022 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus' K-pop idol platform goes global via smart TVs
Fans of K-pop idols such as boyband sensation BTS and girl group Blackpink will be able to enjoy their live performances through smart TVs at home a...
Sep 06, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders yield No.1 spot to Chinese rivals
South Korean shipbuilders yielded their No. 1 position to Chinese rivals in August, according to Clarkson Research on Tuesday, as they shifted towar...
Sep 06, 2022 (Gmt+09:00)
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Economy
Korea inflation slows, but BOK may still hike interest rates
South Korea’s headline inflation eased in August for the first time in seven months on a slower rise in oil prices, but the central bank is st...
Sep 02, 2022 (Gmt+09:00)
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Business & Politics
Washington, Seoul to hold formal talks on US EV tax credit act
WASHINGTON D.C. – South Korea and the United States have agreed to launch formal negotiations over ways to address the negative impacts of the...
Aug 31, 2022 (Gmt+09:00)
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Korean games
PlayTogether ranks 2nd in global metaverse game apps
Metaverse game platform PlayTogether, operated by South Korean game developer Haegin Co., ranked second in global metaverse app downloads during the...
Aug 26, 2022 (Gmt+09:00)
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Aerospace & Defense
Hyundai, Hanwha ink $5.8 bn defense deals with Poland
South Korea’s defense makers Hyundai Rotem Co. and Hanwha Defense signed formal contracts worth $5.8 billion to export battle tanks and self-p...
Aug 26, 2022 (Gmt+09:00)
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Automobiles
Hyundai’s Genesis ranks top in J.D. Power’s innovative tech study
Hyundai Motor Co.'s premium brand Genesis has been recognized by industry analysts for its excellence in innovative technology and consumer experi...
Aug 26, 2022 (Gmt+09:00)
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Banking & Finance
Shinhan Card ties up with FiscalNote for global data biz
Shinhan Card Co. has joined forces with US legal data and analytics company FiscalNote Holdings Inc. to expand its data business into the global mar...
Aug 25, 2022 (Gmt+09:00)
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Economy
Lotte to support Korean SMEs via exhibitions in Berlin, New York
Lotte Group, South Korea’s fifth-largest conglomerate, is set to boost the global sales channels of some 200 Korean small and medium-sized ent...
Aug 24, 2022 (Gmt+09:00)
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Food & Beverage
Ediya to re-enter global café market with first branch in Guam
South Korea’s homegrown coffee chain Ediya Coffee is ready for re-entry into the global café market after the failure of its Chinese bu...
Aug 24, 2022 (Gmt+09:00)
Latest News
- 1 Lotte Chemical, HD Hyundai seek big deal via merger of naphtha cracking facilities
- 2 South Korea accelerates stablecoin framework amid global race
- 3 Lee vows policy overhaul to spur dividend payouts
- 4 IFEZ to apply for designation of southern Gangwha as free economic zone
- 5 Jollibee to buy chicken chain Norang Tongdak amid global K-food frenzy