third-party allocation
Scope
Date
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Airlines
Korean Air’s operating profit falls to $360 mn in Q2 2023
Korean Air Lines Co.’s operating profit in the second quarter fell over 30% from the same period last year in line with market consensus.Consi...
Aug 03, 2023 (Gmt+09:00)
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Fashion
APR’s fashion brand Nerdy opens two more stores in Vietnam
South Korea's cosmetic and clothing company APR announced on Wednesday that its street style fashion brand Nerdy opened its third and fourth stores ...
Aug 02, 2023 (Gmt+09:00)
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Banking & Finance
SK C&C begins to construct S.Korea's first ATS
SK C&C, an information and communications technology affiliate of South Korea’s SK Group announced on Wednesday it has started constructio...
Aug 02, 2023 (Gmt+09:00)
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Electronics
Super-large screens account for one third of Samsung’s TV sales
Samsung Electronics Co. announced that one out of every three of its Neo QLED and QLED TVs sold in South Korea between January and July this year fe...
Aug 01, 2023 (Gmt+09:00)
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Artificial intelligence
Kakao Brain unveils AI development library Trident
Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., announced on Tuesday that it has released a performanc...
Jul 26, 2023 (Gmt+09:00)
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Korean food
Nongshim, the ‘Parasite’ food maker, aims big in US
Nongshim Co., South Korea’s largest instant noodle maker, is a beneficiary of the success of the Oscar-winning film Parasite as well as the ou...
Jul 14, 2023 (Gmt+09:00)
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Automobiles
Kia vows to take 10% of Indian market after 1 million car output
In celebration of producing 1 million cars from its Indian plant, Kia Corp. has vowed to command 10% of the Indian car market with more diverse mode...
Jul 14, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung takes on Micron with new flash auto memory UFS 3.1
Samsung Electronics Co., the world’s largest memory chipmaker, has begun mass production of its latest flash memory chip, which the company sa...
Jul 13, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharmaceuticals gets OK to sell epilepsy drug in Canada
South Korea's SK Biopharmaceuticals has received approval in Canada to sell its new epilepsy drug Cenobamate under the product name Xcopri. Having e...
Jul 12, 2023 (Gmt+09:00)
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Korean stock market
S-Oil hits 52-week low on earnings concerns
S-Oil Corp. hit a 52-week low on Thursday as analysts slashed earnings estimates for the South Korean oil refiner.The stock hit its lowest level sin...
Jun 29, 2023 (Gmt+09:00)
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Entertainment
Pinkfong Baby Shark console game to launch in September
South Korea's The Pinkfong Company, popularly known for its "Baby Shark" character, announced on Tuesday the imminent release of a console game titl...
Jun 27, 2023 (Gmt+09:00)
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Advertising & Marketing
Cheil Worldwide wins Grand Prix at Cannes Lions 2023
South Korea's leading ad agency and marketing company Cheil Worldwide clinched nine awards, including the coveted Grand Prix, at the esteemed Cannes...
Jun 26, 2023 (Gmt+09:00)
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Automobiles
Revuelto, Lamborghini's first PHEV, launched in S.Korean market
Italian supercar brand Automobili Lamborghini unveiled its first-ever plug-in hybrid (PHEV) super sports car, the "Revuelto," in South Korea on Frid...
Jun 23, 2023 (Gmt+09:00)
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Insurance
DB Insurance acquires Vietnam's 9th largest insurance company
DB Insurance Co., a South Korean non-life insurance company, announced on Friday that it has signed an acquisition agreement with the Saigon-Hanoi...
Jun 16, 2023 (Gmt+09:00)
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Insurance
DB Group, T&T Group sign agreement for business corporation
DB Group, South Korea's conglomerate, announced on Tuesday that it has signed a memorandum of understanding (MOU) for business collaboration with Vi...
May 30, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korean space rocket Nuri launch postponed due to technical issues
The launch of South Korea's space rocket Nuri, scheduled for Wednesday afternoon, was postponed hours ahead of schedule."During the preparations for...
May 24, 2023 (Gmt+09:00)
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Pension funds
Korea's NPS maintains good grade despite heavy losses: finance ministry
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund with 939 trillion won ($713 billion) in assets as of end...
May 23, 2023 (Gmt+09:00)
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Automobiles
S.Korea’s January-April car exports at record high of $23.2 bn
In an impressive surge, South Korea's automobile exports soared to an unprecedented high of $6.16 billion (8.2 trillion won) in April, marking a sta...
May 16, 2023 (Gmt+09:00)
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Korean startups
HL Holdings, Veluga Brewery to digitalize Korean liquor market
HL Holdings Corp., a major South Korean automotive parts logistics specialist with a three-decade history, has joined hands with Veluga Brewery Inc....
May 15, 2023 (Gmt+09:00)
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Business & Politics
FKI, Keidanren launch fund for Korea-Japan partnerships
TOKYO – Major business lobby groups of South Korea and Japan have created a partnership fund of 200 million yen ($1.5 million) to accelerate i...
May 10, 2023 (Gmt+09:00)
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Earnings
Coupang reports third profitable quarter in a row
South Korea’s Coupang Inc. on Wednesday reported three quarters of consecutive profits, calming investors' concerns about its cumulative ...
May 10, 2023 (Gmt+09:00)
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Batteries
LG Energy Solution drops to third on global market for EV battery in Q1
South Korea's LG Energy Solution Ltd. in the first quarter fell to third in the global share of electric vehicle (EV) batteries in use spanning all ...
May 04, 2023 (Gmt+09:00)
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Corporate governance
Hyosung’s sibling feud continues with second son in court on trial
It all began in July 2014 when Cho Hyun-joon, currently the Hyosung Group chairman, was sued by his younger brother Cho Hyun-moon on charges of embe...
May 03, 2023 (Gmt+09:00)
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Bio & Pharma
Daewoong Pharma to build third botulinum toxin plant for $746 mn
South Korea’s Daewoong Pharmaceutical next year will open a third plant to greatly expand annual output of its botulinum toxin Nabota at a cos...
May 03, 2023 (Gmt+09:00)
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Batteries
SK On to attract $1.1 bn from BlackRock, MBK consortium
SK On Co., the world’s fifth-largest battery maker, is slated to attract 1.5 trillion won ($1.1 billion) from a consortium of US private equit...
Apr 20, 2023 (Gmt+09:00)
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ESG
LG Electronics supports ESG certification for overseas suppliers
LG Electronics Inc. is accelerating its support for enhancing the environmental, social and governance (ESG) capabilities of domestic and overseas p...
Apr 18, 2023 (Gmt+09:00)
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Korean chipmakers
DRAM prices rebound on Samsung output cut; earlier recovery eyed
Memory chip prices are staging a rebound for the first time in more than a year following Samsung Electronics Co.'s near-term production cut, b...
Apr 12, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea sets Nuri space rocket’s third launch on May 24
South Korea will conduct a third attempt to launch its first domestically designed and developed space rocket Nuri on May 24. The Ministry of Scien...
Apr 11, 2023 (Gmt+09:00)
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Robotics
LG Electronics rolls out third-generation Cloi ServeBot
LG Electronics Inc. has rolled out a new serving robot that easily serves soup, boosting the device's performance and customer convenience. The com...
Apr 11, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea to allocate 70% of annual R&D budget to eleven core tech areas
The South Korean government plans to allocate 70% of its annual R&D budget to 40 projects for research and development in eleven core industrial...
Apr 10, 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