Korea steelmakers see risks from carbon, supply issues
The South Korean steel industry’s top executives are anticipating a perfect storm amid the global push for carbon neutrality and supply chain ...
Hyundai Rotem to kick off liquid hydrogen fueling station project
Hyundai Rotem Co., a South Korea’s railway system maker under Hyundai Motor Group, said on Friday that it has won a demonstration project to b...
KSOE opens R&D center in Germany for future technology
Korea Shipbuilding & Offshore Engineering (KSOE), the intermediate holding company of the world’s top shipbuilder Hyundai Heavy Indus...
Low-carbon energy costs to haunt airlines from 2025
The European Union's tougher emission standards are creating a new headache for airline companies, which are raising their international flights to ...
IPOs see low offering prices and declining returns in Q1
South Korea’s initial public offerings are seeing lackluster investor interest in bookbuildings this year. Drops in some recent public offerin...
Korean manufacturers brace for higher emission costs
The increase in the price of carbon emission rights is dealing another blow to South Korean companies reeling from soaring raw materials and logisti...
EDGC enters US procurement market with medical supplies
Eone Diagnomics Genome Center Co. (EDGC), a South Korean healthcare firm specializing in genetic analysis technology, is set to enter the US governm...
POSCO, Hancock partner for low-carbon steel materials production
South Korea’s top steelmaker POSCO Co. and Hancock Prospecting Pty Ltd, a leading Australian mining firm, are slated to collaborate in low-car...
Korea shipbuilders aim for strong demand on tougher rules
South Korea’s shipbuilders targeted demand for new vessels and ship modification as tougher environmental regulations are scheduled to take ef...
Samsung launches LTE-only Galaxy A23 to target low-end market
Samsung Electronics Co. on Friday launched the 4G LTE Galaxy A23 smartphone, a cheaper version of its flagship Galaxy A series models, targeting the...
Korean online banks’ disruptive business model: Woo low-credit borrowers
South Korea’s three major digital banks are stepping up their credit loans to borrowers with low credit ratings, a disruptive business model s...
SK E&S to start business of carbon storage in depleted gas fields
South Korea’s SK E&S Co. is set to enter the business of carbon storage in depleted gas fields.The natural gas business unit of SK Group s...
Hyundai, Iveco to cooperate on commercial vehicles
Hyundai Motor Co., South Korea’s top automaker, and Iveco Group NV, Italia's truck maker, have agreed to join hands on their commercial vehicl...
Korean won nears 2-year low, adds to inflation woes
The South Korean won currency tumbled to its lowest point in almost two years on Friday, adding to inflationary pressure in Asia’s fourth-larg...
S.Korea seen to benefit from MSCI's Russia removal
MSCI Inc.'s decision to remove Russian stocks from its emerging markets indexes from later next week stirred up expectations that as much as $3.4 bi...
Hyosung to expand carbon fiber production for hydrogen tanks
South Korea’s Hyosung Advanced Materials Corp. is expanding its carbon fiber production by adding a third line to meet the growing demand for ...
Hyundai, Kia heavily exposed to Ukraine crisis; shares at 52-week lows
Shares of Hyundai Motor Co. and Kia Corp. on Monday fell to their lowest levels in more than 52 weeks as investors engaged in panic selling on conce...
POSCO Chem to expand low-expansion anode materials output
South Korea’s POSCO Chemical Co. plans to fivefold production of low-expansion anode materials, high-value-added ingredients for electric vehi...
KEPCO at record loss on fuel costs; wider losses seen in 2022
South Korean power utility KEPCO Co. reported its largest-ever operating loss of nearly 6 trillion won ($5 billion) in 2021, after it froze the elec...
LG Electronics to pull out of solar panel market
South Korea's LG Electronics Inc. said on Wednesday it has decided to close its solar panel business in the face of deepening competition and sluggi...
Korean battery sector to heat up IPO market again
South Korea’s battery industry is expected to heat up the initial public offering market later this year as battery materials and equipment ma...
APG urges Samsung, other Korean carbon emitters to take action
Europe’s largest pension fund manager APG has urged Samsung Electronics Co. and nine other major South Korean companies to drastically cut the...
Korea corporate borrowing costs jump to 8-year peaks
South Korean companies suffered from surging financing costs as corporate bond yields shot to eight-year highs. Affiliates of major conglomerates wi...
S.Korea urged to embrace nuclear power to go carbon free
The topic of RE100, a multinational campaign to make a full switch to renewable energy by 2050, was brought up last week during a debate among four ...
All of Us Are Dead ends boost to related stocks
Netflix’s new original drama series All of Us Are Dead was another South Korean drama hit, but stocks related to the new zombie thriller have ...
Hyosung goes greener with $836 million green hydrogen project
Hyosung Group is stepping up efforts to turn into an eco-friendly business, announcing huge investment plans on hydrogen and renewable energy projec...
Vegan foodmaker Organica attracts funding from China's CITIC
Plant-based food company Organica Corp. has attracted investment from China’s alternative investment firm CITIC Capital Holdings Ltd. This mar...
Hylium, KRISO, POSCO receive initial approval for liquid hydrogen storage tanks
Hylium Industries Inc. announced Wednesday that it has been granted an approval in principle (AIP) by the Korean Register for two types of jointly d...
Korea Zinc to ditch low-key strategy to go beyond metal
South Korea's two non-ferrous metal product leaders Korea Zinc Inc. and Poongsan Corp. are tipped to report their record earnings in 2021, after str...
Korean won touches 18-month low as Fed may raise rates sooner
South Korea’s won currency hit a 1-1/2-year low as the US Federal Reserve signaled the central bank may raise interest rates sooner than expec...
