S.Korea's K Bank posts highest net profit in 2022

K Bank, a South Korean Internet-only bank, reported a net profit of 83.6 billion won ($63.6 million) in 2022, which nearly quadrupled compared to th...
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K Bank, a South Korean Internet-only bank, reported a net profit of 83.6 billion won ($63.6 million) in 2022, which nearly quadrupled compared to th...
South Korea’s largest container line HMM Co. said on Thursday it had the lowest carbon emission intensity on East Asia–US West Coast rou...
Aekyung Industrial, a South Korean consumer products company, announced on Thursday the opening of a stand-alone brand shop for their make-up specia...
South Korea's used car e-commerce platform Carmerce has raised 3 billion won ($2.3 million) in a Series A funding round led by Hankook Tire & ...
South Korea’s exports shrank 7.5% year over year in February on a plunge in shipments of its mainstay export item semiconductors amid the glob...
Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp., is set to accelerate sales of its ginseng products across Chin...
South Korean drugmaker Daewoong Pharmaceutical Co. said on Tuesday it had launched its botulinum toxin product Nabota in Germany and Austria through i...
South Korea’s Government Employees Pension Service (GEPS) had a 4.4% loss on investment last year, seeing its assets under management (AUM) dr...
Korea Aerospace Industries Ltd. (KAI), the country’s military aircraft manufacturer, said on Tuesday it has signed a deal to produce and suppl...
South Korea’s National Pension Service (NPS), with 920.4 trillion won ($694.6 billion) in assets as of November 2022, faces growing concerns o...
Huons Co., a South Korean pharmaceutical company, has announced plans to expand its presence in the North American market by offering two anesthetic...
Kakao Impact, a corporate foundation of Kakao Corp., South Korea’s top mobile platform company, said on Tuesday it has agreed to work with the...
South Korea’s leading battery materials maker L&F Co. said on Tuesday it has signed a $2.91 billion deal to supply cathode, a key electric...
FADU Technology has become South Korea’s first fabless semiconductor unicorn after successfully raising funds from share sales before its init...
The Korea SMEs and Startups Agency announced on Monday that it had signed a business agreement with the Foundation for Innovation and Technology Tra...
South Korea's biopharmaceutical firm Medytox Inc. said on Monday that a high-level delegation led by Dubai Science Park (DSP) under Dubai's state-ow...
The number of people in South Korea aged 65 or over next year is expected to break 10 million, with the country to enter an era in which 20% of the ...
South Korea’s decade-old startup pitch competition D.Day has picked Singapore-based mobile robotics application developer dConstruct Robotics ...
Hyundai L&C, an interior solutions provider under the Hyundai Department Store Co. Group in South Korea, announced on Monday the launch of its h...
BARCELONA -- SK Telecom Co. plans to develop world-class artificial intelligence technology through partnerships with companies of Korean descent at...
Kumho Tire Co. announced on Monday its title sponsorship of the Touring Car Championship (TCR), a global touring car competition, with the organizer...
South Korea, a major global generic and biosimilar medicine producer with leading names such as Samsung Biologics Co. and Celltrion Inc., has rapidl...
KT Studio Genie, a content production subsidiary of the South Korea's telecom giant KT Corp., announced on Monday that it had signed a global conten...
South Korea's bio-esthetic pharmaceutical company Jetema Co. will hold clinical trials in the US to advance to the American market, the world's bigg...
General Motors Korea announced on Sunday that it celebrated the start of mass production of the Chevrolet Trax Crossover, a new utility vehicle, at ...
SeAh Changwon Integrated Special Steel Co. is in negotiations with SpaceX to supply steel used for rockets and satellites to become South Korea's fi...
Japanese medical device company Olympus on Saturday said it will wholly acquire South Korea’s Taewoong Medical, a maker of gastrointestinal (G...
EQT Partners AB, the world’s third-largest private equity firm, is poised to buy a controlling stake in South Korean security service provider...
South Korea’s third-largest mobile carrier LG Uplus Corp. and global IT giant Dell Technologies are set to jointly develop an open radio acces...
WASHINGTON D.C. – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, might be unable to manufacture a...
S.Korea's K Bank posts highest net profit in 2022
K Bank, a South Korean Internet-only bank, reported a net profit of 83.6 billion won ($63.6 million) in 2022, which nearly quadrupled compared to th...
Mar 02, 2023 (Gmt+09:00)
S.Korea’s HMM tops carbon efficiency ranking on key shipping route
South Korea’s largest container line HMM Co. said on Thursday it had the lowest carbon emission intensity on East Asia–US West Coast rou...
Mar 02, 2023 (Gmt+09:00)
S.Korea's Aekyung opens Luna brand store on Chinese TikTok
Aekyung Industrial, a South Korean consumer products company, announced on Thursday the opening of a stand-alone brand shop for their make-up specia...
Mar 02, 2023 (Gmt+09:00)
Carmerce raises $2.3 mn in Series A led by Hankook Tire
South Korea's used car e-commerce platform Carmerce has raised 3 billion won ($2.3 million) in a Series A funding round led by Hankook Tire & ...
Mar 02, 2023 (Gmt+09:00)
S.Korea’s exports drop for 5th straight month in Feb on plunging chip sales
South Korea’s exports shrank 7.5% year over year in February on a plunge in shipments of its mainstay export item semiconductors amid the glob...
Mar 02, 2023 (Gmt+09:00)
S.Korea's KGC to spur ginseng sales in China with state-run CR Group
Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp., is set to accelerate sales of its ginseng products across Chin...
Mar 02, 2023 (Gmt+09:00)
Daewoong’s Nabota expands into Germany, Austria
South Korean drugmaker Daewoong Pharmaceutical Co. said on Tuesday it had launched its botulinum toxin product Nabota in Germany and Austria through i...
Mar 02, 2023 (Gmt+09:00)
S.Korea's GEPS logs 10.2% return on alternative assets in 2022
South Korea’s Government Employees Pension Service (GEPS) had a 4.4% loss on investment last year, seeing its assets under management (AUM) dr...
Mar 01, 2023 (Gmt+09:00)
S.Korea's KAI signs $105 mn deal to supply parts for Boeing aircraft
Korea Aerospace Industries Ltd. (KAI), the country’s military aircraft manufacturer, said on Tuesday it has signed a deal to produce and suppl...
Feb 28, 2023 (Gmt+09:00)
Inflation casts shadow over S.Korea NPS' hedging strategies
South Korea’s National Pension Service (NPS), with 920.4 trillion won ($694.6 billion) in assets as of November 2022, faces growing concerns o...
Feb 28, 2023 (Gmt+09:00)
S.Korea's Huons gets approval to supply anesthetics to Canada
Huons Co., a South Korean pharmaceutical company, has announced plans to expand its presence in the North American market by offering two anesthetic...
Feb 28, 2023 (Gmt+09:00)
Kakao Impact, KAIST team up for social change through technology
Kakao Impact, a corporate foundation of Kakao Corp., South Korea’s top mobile platform company, said on Tuesday it has agreed to work with the...
Feb 28, 2023 (Gmt+09:00)
Korea’s L&F in $2.9 billion deal to supply battery material to Tesla
South Korea’s leading battery materials maker L&F Co. said on Tuesday it has signed a $2.91 billion deal to supply cathode, a key electric...
Feb 28, 2023 (Gmt+09:00)
FADU joins ranks of unicorns as S.Korea’s first fabless chip firm
FADU Technology has become South Korea’s first fabless semiconductor unicorn after successfully raising funds from share sales before its init...
Feb 28, 2023 (Gmt+09:00)
Korea SMEs, Startups Agency cooperates with India's IIT
The Korea SMEs and Startups Agency announced on Monday that it had signed a business agreement with the Foundation for Innovation and Technology Tra...
Feb 28, 2023 (Gmt+09:00)
Dubai delegation conducts due diligence on Medytox's plant in Korea
South Korea's biopharmaceutical firm Medytox Inc. said on Monday that a high-level delegation led by Dubai Science Park (DSP) under Dubai's state-ow...
Feb 28, 2023 (Gmt+09:00)
S.Korea's elderly population to exceed 10 million in 2024
The number of people in South Korea aged 65 or over next year is expected to break 10 million, with the country to enter an era in which 20% of the ...
Feb 28, 2023 (Gmt+09:00)
dConstruct Robotics becomes 2nd foreign startup to win at D.Day
South Korea’s decade-old startup pitch competition D.Day has picked Singapore-based mobile robotics application developer dConstruct Robotics ...
Feb 27, 2023 (Gmt+09:00)
S.Korea's Hyundai L&C launches engineered stone Opimo
Hyundai L&C, an interior solutions provider under the Hyundai Department Store Co. Group in South Korea, announced on Monday the launch of its h...
Feb 27, 2023 (Gmt+09:00)
S.Korea’s SK Telecom to advance AI tech through partnerships
BARCELONA -- SK Telecom Co. plans to develop world-class artificial intelligence technology through partnerships with companies of Korean descent at...
Feb 27, 2023 (Gmt+09:00)
Korea's Kumho Tire sponsors Touring Car Championship
Kumho Tire Co. announced on Monday its title sponsorship of the Touring Car Championship (TCR), a global touring car competition, with the organizer...
Feb 27, 2023 (Gmt+09:00)
Novel medicines poised to be Korea’s next mainstay export
South Korea, a major global generic and biosimilar medicine producer with leading names such as Samsung Biologics Co. and Celltrion Inc., has rapidl...
Feb 27, 2023 (Gmt+09:00)
S.Korea's KT Studio Genie provides romantic comedy to Amazon
KT Studio Genie, a content production subsidiary of the South Korea's telecom giant KT Corp., announced on Monday that it had signed a global conten...
Feb 27, 2023 (Gmt+09:00)
Jetema applies to test its botulinum toxin in US from July
South Korea's bio-esthetic pharmaceutical company Jetema Co. will hold clinical trials in the US to advance to the American market, the world's bigg...
Feb 27, 2023 (Gmt+09:00)
GM Korea begins mass production of Trax crossover
General Motors Korea announced on Sunday that it celebrated the start of mass production of the Chevrolet Trax Crossover, a new utility vehicle, at ...
Feb 27, 2023 (Gmt+09:00)
Korea's SeAh poised to supply satellite parts to SpaceX
SeAh Changwon Integrated Special Steel Co. is in negotiations with SpaceX to supply steel used for rockets and satellites to become South Korea's fi...
Feb 27, 2023 (Gmt+09:00)
S.Korea’s stent maker Taewoong Medical acquired by Olympus for $370 million
Japanese medical device company Olympus on Saturday said it will wholly acquire South Korea’s Taewoong Medical, a maker of gastrointestinal (G...
Feb 27, 2023 (Gmt+09:00)
EQT Partners to acquire S.Korea’s SK Shieldus for $2.3 bn
EQT Partners AB, the world’s third-largest private equity firm, is poised to buy a controlling stake in South Korean security service provider...
Feb 26, 2023 (Gmt+09:00)
S.Korea’s LG Uplus, Dell to develop open RAN platform tech
South Korea’s third-largest mobile carrier LG Uplus Corp. and global IT giant Dell Technologies are set to jointly develop an open radio acces...
Feb 26, 2023 (Gmt+09:00)
Samsung, SK Hynix face cap on tech level of chips made in China
WASHINGTON D.C. – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, might be unable to manufacture a...
Feb 24, 2023 (Gmt+09:00)