TIGER KEDI30 ETF tops Korean retail investors’ themed stock buy list
The TIGER KEDI30 ETF has topped the list of the most purchased exchange-traded funds (ETFs) by South Korea’s individual investors in the theme...
Standard Chartered's director attributes ESG success to board-led decisions
When it comes to the banking sector's environmental, social, and governance (ESG) efforts, an industry veteran says the success depends on the chief...
SK Inc. gets highest AAA grade in MSCI's ESG rating
SK Inc., SK Group's investment arm, won the highest AAA ratings from both Morgan Stanley Capital International (MSCI) and the Dow Jones Sustainabili...
Chinese regulator approves Korean Air-Asiana merger
The merger between South Korea's two leading airlines Korean Air Lines Co. and Asiana Airlines Inc. passed a hurdle as China's antitrust watchdog ga...
Net assets of S.Korea's ETF rise to $63.1 billion despite stock woes
Despite South Korea's weak stock market this year, the exchange-traded fund (ETF) sector, which marked its 20th anniversary, maintained a clear grow...
Self-driving bus running on main roads launched for first time in S.Korea
South Korea in a first for the country has launched self-driving buses running on bus rapid transit (BRT) routes.The Ministry of Land, Infrastructur...
Korea’s big bio startups to launch $39 mn investment fund
South Korea’s four leading biotech firms plan to launch an investment fund of up to 50 billion won ($39 million) to support smaller domestic b...
Italian envoy to Korea says what works in Korea works globally
Italian Ambassador to South Korea Federico Failla said that as both Italy and Korea cherish and prioritize the importance of tradition and innovatio...
S. Korea foresees recession in falling freight prices, wages
Global ocean freight prices are falling amid a darkening outlook for South Korea, as Asia’s fourth-largest economy heavily depends on overseas...
CJ ENM sets up brand incubator Brandworks Korea
South Korean entertainment powerhouse CJ ENM Co. plans to foster the brand incubating business and promote sales through Brandworks Korea, the compa...
Korea's int'l passenger traffic exceeds domestic for 1st time since pandemic
The volume of international passengers in South Korea has exceeded that of domestic flights for the first time since the outbreak of the COVID-19 pa...
85% of S.Korea's Gen MZ have contactless savings accounts
A study finds 90% of South Korea's Generation MZ, a demographic comprising millennials and Generation Z members born between 1981 and 2010, use cont...
South Korea doubles gov't fintech innovation fund to $781 million
The South Korean government will double the value of its Fintech Innovation Fund, a source of financial support for the financial technology or fint...
SK may sell assets in Vietnam, Malaysia to raise billions of dollars
South Korean conglomerate SK Group is considering selling some of its assets in Vietnam and Malaysia owned by its investment vehicle SK South East A...
SKC to showcase innovative chip, battery materials at CES 2023
SKC Ltd., a South Korean chemical materials maker, will showcase innovative materials for rechargeable batteries and semiconductors at CES 2023, the...
Kakao Games to launch Eversoul with 1.3 mn pre-orders
Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., said on Dec. 23 it will launch the global service of mobile role-p...
SK Energy, Naver agree to develop gas stations into logistics hubs
SK Energy and Naver Corp. are joining hands to transform gas stations into urban logistics hubs where advanced technologies will be employed.SK Ener...
Launch of Innospace's Hanbit-TLV rocket called off due to technical glitch
The Ministry of Science and ICT announced on Wednesday that it will invest 350 billion won ($273 million) to build a rocket launch site, which will ...
Korea’s local govts gear up to lure Tesla for Gigafactory
All of South Korea’s major municipal governments are gearing up to be considered as the site of a new Gigafactory, Tesla Inc.’s manufact...
KAI to develop Korea's first mine-sweeper helicopter
Korea Aerospace Industries Ltd. (KAI) is poised to start R&D on a minesweeper helicopter that specializes in removing underwater mines.The compa...
Korea-China air flights set to rise with Beijing’s eased zero-COVID policy
Air flights between South Korea and China are set to rise significantly next year with the Chinese government issuing new guidelines easing its stri...
Video streaming platform Wavve acquires K-content provider KOCOWA
South Korea’s OTT platform Wavve has acquired Los Angeles-based content platform KOCOWA, short for Korean Content Wave. KOCOWA is a US online ...
Dating My Best Friend’s Sister becomes webtoon in Korea
Dating My Best Friend’s Sister, a famous romance fiction by USA Today Bestselling author Violet Paige serialized on Radish, the web novel plat...
SK Signet to showcase new ultra-fast charger at CES 2023
SK Signet Inc., the No.1 company in the US ultra-high speed charger market, will showcase a new standard ultra-fast charger V2 at CES 2023, the worl...
Lunit to export breast cancer detecting solutions to Hong Kong, Mongolia
South Korea's AI-based medical imaging equipment firm Lunit will export AI breast cancer diagnosis solutions to large hospitals in Hong Kong and Mon...
S.Korea to introduce mandatory offer for takeover deals
South Korea is set to require a takeover bidder for a listed company to buy stakes held by small shareholders at the same price to be paid to a majo...
S.Korea's CJ Logistics launches AI-based freight transportation platform
South Korea's CJ Logistics on Thursday said it launched The Unban, a freight transportation platform that directly connects senders and freight truc...
SK Innovation to inject $1.6 bn into SK On's rights offering
South Korea's top refiner SK Innovation Co. said on Dec. 21 it will invest 2 trillion won ($1.6 billion) in its electric battery maker unit SK On Co...
Women break glass ceiling in South Korea's advertising sector
Major advertising agencies in South Korea have appointed women to the position of vice president. Because advertising is a field in which women are ...
LG Uplus enters Korea’s EV charging service market with VoltUp app
LG Uplus Corp., a South Korean mobile carrier, is entering the domestic electric vehicle charging service market by launching a service platform, Vo...
