S.Korea to buy more F-35As, but picks Embraer C-390s for transport

South Korea has chosen the F-35A by US-based Lockheed Martin Aeronautics as its stealth aircraft and Brazil-headquartered aerospace company Embraer&...
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South Korea has chosen the F-35A by US-based Lockheed Martin Aeronautics as its stealth aircraft and Brazil-headquartered aerospace company Embraer&...
Korea Hydro and Nuclear Power Co. (KHNP) is promoting the introduction of innovative small modular reactors (i-SMR) in Indonesia and Jordan.KHNP ann...
South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., were among foreign investors’ top picks on the country&...
The South Korean government said on Monday it will launch a tender offer to sell off a 29.3% stake, valued at around 4.7 trillion won ($3.6 billion)...
The Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and BNP Paribas CIB have been reported to South Korean public prosecutors in violation of ...
China has halted customs clearance on its exports of urea, a substance used to reduce carbon emissions in diesel vehicles, raising the prospect of a...
South Korean exports of semiconductors, the country’s top export item, rebounded in November, ending 15 months of declines and reinforcing exp...
South Korea and Japan on Friday revived their bilateral currency swap line to boost their dollar liquidity amid improved diplomatic relations.The tw...
When BlackRock bought a 30% stake in South Korean gas supplier AirFirst Co. for 1.1 trillion won ($842 million) from Seoul-based IMM Private Equit...
Korea Aerospace Industries Ltd. (KAI) announced on Friday that it has signed a deal with the US space firm SpaceX to launch South Korea's next-gener...
Danish energy company Orsted has secured exclusive rights to build South Korea’s largest offshore wind power complex in a project estimated at...
Daewoong Pharmaceutical, a leading South Korean pharmaceutical company will export its new diabetes drug Envlo Tab. (active ingredient:enavogliflozi...
South Korea’s central bank chief on Thursday said interest rates will have to stay high for more than six months, leaving the door open for an...
South Korea’s startup environment lags behind major countries in terms of global expansion and foreign investment attraction, a report from st...
Renault Korea Motors announced on Thursday that it has signed a memorandum of understanding (MOU) for future infotainment collaboration to provide d...
The Korea Fair Trade Commission (KFTC) has put the brakes on what it calls unfair business practices whereby Chanel, Hermes and Nike ban customers f...
South Korea’s factory activity waned last month, snapping a recovery streak in the previous two months, largely due to a drop in chip producti...
CJ ENM Co., South Korea’s entertainment powerhouse, and SK Square Co., an investment unit of the country’s No. 2 conglomerate SK Group, ...
Korea Hydro and Nuclear Power Co. (KHNP) said on Wednesday it has signed a non-binding agreement with ARC Clean Technology Canada Inc. and New Bruns...
The number of foreign visitors to South Korea spiked 158.3% to 1.23 million in October from the month previous, the Korea Tourism Organization said ...
POSCO Holdings Inc., the investment and holding company of South Korea’s steel giant POSCO, said on Wednesday it has completed the constructio...
Korea Investment Corp. (KIC) posted a 7.12% return on total asset investments in the first eight months of this year, recouping about 40% of last ye...
The eighth round of negotiations for modernizing the Korea-Chile Free Trade Agreement (FTA) will take place in Seoul from November 29 to December 1....
South Korean investors are growing more interested in global high-yield bond funds, betting that the US Federal Reserve is likely to end its interes...
Iljin Electric Co. has won its largest-ever 431.8 billion won ($333.2 billion) order to supply high-voltage transformers to a US energy company, the...
Eastspring Asset Management Korea Co., the Korean operation of Prudential plc’s asset management unit, is up for sale for about 100 billion wo...
Shares in EcoPro Materials Co., South Korean battery materials maker EcoPro Group’s unit that went public on Nov. 17, are skyrocketing as reta...
South Korea is set to increase its visa quota for non-professional foreign workers to a record high and expand the sectors in which they can work to...
Apple Inc. said on Monday that it will open its sixth store in South Korea on Dec. 9. The new store will be located in the Starfield Hanam shop...
South Korean shipbuilders are seeking overseas production bases through mergers and acquisitions to meet soaring demand across the world as they hav...
S.Korea to buy more F-35As, but picks Embraer C-390s for transport
South Korea has chosen the F-35A by US-based Lockheed Martin Aeronautics as its stealth aircraft and Brazil-headquartered aerospace company Embraer&...
Dec 04, 2023 (Gmt+09:00)
KHNP to promote i-SMR in Indonesia, Jordan
Korea Hydro and Nuclear Power Co. (KHNP) is promoting the introduction of innovative small modular reactors (i-SMR) in Indonesia and Jordan.KHNP ann...
Dec 04, 2023 (Gmt+09:00)
Chipmakers Samsung, SK Hynix among foreigners’ top picks in Korea
South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., were among foreign investors’ top picks on the country&...
Dec 04, 2023 (Gmt+09:00)
S.Korea to put $3.6 bn shares in gaming giant NXC on sale
The South Korean government said on Monday it will launch a tender offer to sell off a 29.3% stake, valued at around 4.7 trillion won ($3.6 billion)...
Dec 04, 2023 (Gmt+09:00)
HSBC, BNP Paribas reported to Korean prosecutors for naked shorting
The Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and BNP Paribas CIB have been reported to South Korean public prosecutors in violation of ...
Dec 04, 2023 (Gmt+09:00)
China’s urea halts raise specter of another logistics crisis in Korea
China has halted customs clearance on its exports of urea, a substance used to reduce carbon emissions in diesel vehicles, raising the prospect of a...
Dec 04, 2023 (Gmt+09:00)
S.Korea’s chip exports rebound, ending 15-month losing streak
South Korean exports of semiconductors, the country’s top export item, rebounded in November, ending 15 months of declines and reinforcing exp...
Dec 01, 2023 (Gmt+09:00)
S.Korea, Japan seal 3-year $10 bn currency swap deal
South Korea and Japan on Friday revived their bilateral currency swap line to boost their dollar liquidity amid improved diplomatic relations.The tw...
Dec 01, 2023 (Gmt+09:00)
IMM PE's value creation leads to $840 mn deal with BlackRock
When BlackRock bought a 30% stake in South Korean gas supplier AirFirst Co. for 1.1 trillion won ($842 million) from Seoul-based IMM Private Equit...
Dec 01, 2023 (Gmt+09:00)
KAI inks deal with SpaceX to launch mid-sized satellites in 2025
Korea Aerospace Industries Ltd. (KAI) announced on Friday that it has signed a deal with the US space firm SpaceX to launch South Korea's next-gener...
Dec 01, 2023 (Gmt+09:00)
Orsted wins 1.6 GW offshore wind power license from Korea
Danish energy company Orsted has secured exclusive rights to build South Korea’s largest offshore wind power complex in a project estimated at...
Dec 01, 2023 (Gmt+09:00)
Daewoong Pharm set to export Envlo Tab to Russia, CIS
Daewoong Pharmaceutical, a leading South Korean pharmaceutical company will export its new diabetes drug Envlo Tab. (active ingredient:enavogliflozi...
Dec 01, 2023 (Gmt+09:00)
BOK chief says rates need to stay high for over 6 months
South Korea’s central bank chief on Thursday said interest rates will have to stay high for more than six months, leaving the door open for an...
Nov 30, 2023 (Gmt+09:00)
Korea's startup ecosystem lags behind peers in global investments
South Korea’s startup environment lags behind major countries in terms of global expansion and foreign investment attraction, a report from st...
Nov 30, 2023 (Gmt+09:00)
Renault Korea to equip Tmap Mobility infotainment in new vehicle
Renault Korea Motors announced on Thursday that it has signed a memorandum of understanding (MOU) for future infotainment collaboration to provide d...
Nov 30, 2023 (Gmt+09:00)
Korea puts brakes on Chanel, Hermes, Nike resale bans
The Korea Fair Trade Commission (KFTC) has put the brakes on what it calls unfair business practices whereby Chanel, Hermes and Nike ban customers f...
Nov 30, 2023 (Gmt+09:00)
S.Korea’s factory output, consumption dwindle in October
South Korea’s factory activity waned last month, snapping a recovery streak in the previous two months, largely due to a drop in chip producti...
Nov 30, 2023 (Gmt+09:00)
CJ ENM, SK Square to merge OTTs to take on Netflix
CJ ENM Co., South Korea’s entertainment powerhouse, and SK Square Co., an investment unit of the country’s No. 2 conglomerate SK Group, ...
Nov 29, 2023 (Gmt+09:00)
KHNP eyes Canada's nuclear energy project with ARC, NB Power
Korea Hydro and Nuclear Power Co. (KHNP) said on Wednesday it has signed a non-binding agreement with ARC Clean Technology Canada Inc. and New Bruns...
Nov 29, 2023 (Gmt+09:00)
Foreign visitors to S.Korea on course to top 10 mn milestone
The number of foreign visitors to South Korea spiked 158.3% to 1.23 million in October from the month previous, the Korea Tourism Organization said ...
Nov 29, 2023 (Gmt+09:00)
POSCO completes construction of Korea’s 1st lithium hydroxide plant
POSCO Holdings Inc., the investment and holding company of South Korea’s steel giant POSCO, said on Wednesday it has completed the constructio...
Nov 29, 2023 (Gmt+09:00)
KIC recoups 40% of 2022’s loss on stock, bond gains
Korea Investment Corp. (KIC) posted a 7.12% return on total asset investments in the first eight months of this year, recouping about 40% of last ye...
Nov 29, 2023 (Gmt+09:00)
Korea, Chile launch 8th round of FTA upgrade negotiations
The eighth round of negotiations for modernizing the Korea-Chile Free Trade Agreement (FTA) will take place in Seoul from November 29 to December 1....
Nov 29, 2023 (Gmt+09:00)
More Koreans seek high-yield bond funds, betting the Fed will end hikes
South Korean investors are growing more interested in global high-yield bond funds, betting that the US Federal Reserve is likely to end its interes...
Nov 28, 2023 (Gmt+09:00)
Iljin Electric bags $333 mn high-voltage transformer deal in US
Iljin Electric Co. has won its largest-ever 431.8 billion won ($333.2 billion) order to supply high-voltage transformers to a US energy company, the...
Nov 28, 2023 (Gmt+09:00)
Eastspring Asset in Korea up for grabs at about $77 mn
Eastspring Asset Management Korea Co., the Korean operation of Prudential plc’s asset management unit, is up for sale for about 100 billion wo...
Nov 28, 2023 (Gmt+09:00)
EcoPro Materials' Kospi debut draws investors for short-term gains
Shares in EcoPro Materials Co., South Korean battery materials maker EcoPro Group’s unit that went public on Nov. 17, are skyrocketing as reta...
Nov 27, 2023 (Gmt+09:00)
Korea to raise unskilled foreign worker visa quota to record high
South Korea is set to increase its visa quota for non-professional foreign workers to a record high and expand the sectors in which they can work to...
Nov 27, 2023 (Gmt+09:00)
Apple to open sixth store in S.Korea
Apple Inc. said on Monday that it will open its sixth store in South Korea on Dec. 9. The new store will be located in the Starfield Hanam shop...
Nov 27, 2023 (Gmt+09:00)
Korean shipbuilders seek overseas yards for surging orders
South Korean shipbuilders are seeking overseas production bases through mergers and acquisitions to meet soaring demand across the world as they hav...
Nov 26, 2023 (Gmt+09:00)