real-time commerce broadcast
Scope
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Earnings
Meritz Securities poised to become Korea’s No. 1 for first time
Meritz Securities Co., once a mid-tier securities firm in South Korea, is expected to command the local market as No. 1 after earning more than 1 tr...
Feb 03, 2023 (Gmt+09:00)
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Airlines
Jeju Air to resume flights on Incheon-Shizuoka route in March
Jeju Air Co., a South Korean budget airline, said on Thursday that it would resume its flights connecting Incheon with two small cities in Japan, Ma...
Feb 03, 2023 (Gmt+09:00)
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Banking & Finance
Korea's credit card approval volume hit all-time high last year
The annual card approval amount in South Korea exceeded 1,000 trillion won ($811.4 billion) for the first time ever. This is largely because of "ret...
Feb 01, 2023 (Gmt+09:00)
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Sovereign bonds
Foreigners net sell S.Korean bonds for first time in four years
Foreign investors dumped South Korean bonds in Janaury, becoming net sellers of the securities for the first time in four years as they booked pro...
Jan 31, 2023 (Gmt+09:00)
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Future mobility
Tmap, Shinsegae I&C sign agreement for EV charging collaboration
Tmap Mobility said on Monday that it has signed an agreement for the electric vehicle charging business with Shinsegae I&C, an IT service affili...
Jan 31, 2023 (Gmt+09:00)
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Leadership & Management
Companies prioritize sense of responsibility over skills when hiring staff: study
Two-thirds of South Korea's top 100 companies are looking for talented employees with a spirit of challenge and sense of responsibility, mainly beca...
Jan 31, 2023 (Gmt+09:00)
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Bio & Pharma
JW Pharma to put AI into new drug ingredient development
South Korea's drug developer JW Pharmaceutical is expanding the scope of its artificial intelligence (AI) uses from new drug research to the develop...
Jan 30, 2023 (Gmt+09:00)
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Venture capital
Korean proptech startup Sweet Spot attracts $7.7 mn Series B funding
South Korea's retail property technology startup Sweet Spot attracted a Series B investment of 9.5 billion won ($7.7 million) from venture capital a...
Jan 27, 2023 (Gmt+09:00)
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Retail
Lotte's virtual human Lucy makes successful debut on live commerce
Lotte Home Shopping said on Thursday that its virtual model Lucy will appear in monthly live commerce broadcasts on its official YouTube channel.Luc...
Jan 27, 2023 (Gmt+09:00)
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Energy
Samkang M&T to supply offshore wind power substructure to Japan's NSE
Samkang M&T, a subsidiary of SK Ecoplant Co., has signed a contract to supply jacket foundations for offshore wind generators to a Japanese comp...
Jan 26, 2023 (Gmt+09:00)
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Cloud computing
NHN Cloud joins ranks of unicorns with $120 mn funding
NHN Cloud Co., a computer clouding service provider, has raised 150 billion won ($120 million) from South Korea-based IMM Investment, joining the ra...
Jan 26, 2023 (Gmt+09:00)
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Healthcare
S-1 unveils AED with analysis time reduced to 2 seconds
S-1 Corp., a security affiliate of South Korea's Samsung Group, has been expanding its presence into the automated external defibrillator (AED) area...
Jan 25, 2023 (Gmt+09:00)
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Debt financing
Hyosung Chemical fails to sell any bonds in demand forecast
South Korea's Hyosung Chemical has failed to receive a single purchase order in its demand forecast for corporate bond issuance.Investment banking s...
Jan 18, 2023 (Gmt+09:00)
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Artificial intelligence
KT to unveil super AI to challenge OpenAI's ChatGPT
South Korea’s KT Corp. is set to commercialize a super artificial intelligence (AI) tool in the first half of this year, according to industry...
Jan 17, 2023 (Gmt+09:00)
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Korean startups
Medical platform operator Integration raises $8 mn in Series B funding
Integration Inc., which operates specialized platforms for medical personnel such as Traditional Korean Medicine doctors and dentists, has raised 10...
Jan 17, 2023 (Gmt+09:00)
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Banking & Finance
Kookmin Bank launches foreign currency trading platform KB Star FX
South Korea's largest lender Kookmin Bank on Monday launched its new contactless platform for foreign exchange transactions dubbed KB Star FX.The on...
Jan 17, 2023 (Gmt+09:00)
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Petrochemicals
Lotte Chem to sell Pakistan unit for $156 mn to finance other projects
Lotte Chemical Corp. is set to sell its Pakistan unit for 192.4 billion won ($155.8 million won) to a chemical company in the country as the South K...
Jan 16, 2023 (Gmt+09:00)
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Automobiles
Kia's Carens selected as Car of Year in India
Kia Corp. won the "Car of the Year in India" for the first time in three years and five months after entering the Indian auto market.Kia said Sunday...
Jan 16, 2023 (Gmt+09:00)
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IPOs
Korean grocery delivery platform Oasis set for February IPO
South Korean grocery delivery platform Oasis Corp. aims to raise up to $166 million through a listing next month, becoming the country’s first...
Jan 13, 2023 (Gmt+09:00)
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Carbon neutrality
KCCI launches Carbon Reduction Certification Center
The Korea Chamber of Commerce and Industry(KCCI) said Thursday that it has established the Carbon Reduction Certification Center, a professional org...
Jan 12, 2023 (Gmt+09:00)
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Chemical Industry
Hyundai L&C wins GR certification for recycled PET packaging sheets
Hyundai Living & Culture, Hyundai Department Store Co. Group's building materials unit, said on Wednesday that it has received Good Recycled Pro...
Jan 11, 2023 (Gmt+09:00)
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Chemical Industry
Lotte Chemical conducts product risk assessment first time in Korea
Lotte Chemical Corp. said on Tuesday that it is conducting a risk assessment for its products for the first time in the domestic chemical industry...
Jan 10, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
DSME puts welding collaborative robots into field
Daewoo Shipbuilding & Marine Engineering Co. (DSME) said on Monday that it developed a collaborative robot, or cobot, that welds pipes in the ...
Jan 09, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience's shingles vaccine obtains product approval from Malaysia
SK Bioscience Co. said on Monday that its shingles vaccine Sky Zoster has been given approval by Malaysia's National Pharmaceutical Regulatory Age...
Jan 09, 2023 (Gmt+09:00)
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Real estate
Stay disciplined, be more aggressive in 2023: PGIM Real Estate CEO
Investors often lose deals as they are too cautious or wait too long for values to go up to the exact point they expect. However, being too precise ...
Jan 06, 2023 (Gmt+09:00)
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Food & Beverage
Lotteria launches renewed soybean-based meat burger
Lotteria, South Korea's fast food franchise run by Lotte GRS, launched "Ria Miracle Burger II" with 100% plant-based patties using soy protein.It is...
Jan 06, 2023 (Gmt+09:00)
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Korean Investors
Mirae Asset buys logistics center in India for $17 mn
Mirae Asset Global Managements Co. said on Friday that it has invested 21 billion won ($17 million) in a large logistics center in Mumbai to become ...
Jan 06, 2023 (Gmt+09:00)
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Airlines
Air Busan launches new Busan-Clark flight
Air Busan Co. began operating its first new flight route this year between Busan and Clark, the Philippines, and started a new leap forward in earne...
Jan 06, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023
Lotte Chemical to take part in CES for first time
South Korea's Lotte Chemical Corp. for the first time will take part this month in CES, the world's largest information technology and home applianc...
Jan 04, 2023 (Gmt+09:00)
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Korean games
Qatar, UAE spend most on Korean games, pushing back China, US
Middle Eastern countries have emerged as a blue ocean for the South Korean game industry, ranking first in both per-capita usage amount and playtime...
Jan 02, 2023 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet