DRIMAES to produce cloud-based car control platform with Qualcomm
Daegu-based startup DRIMAES is poised to develop and mass produce a cloud-based vehicle control platform using San Diego-based semiconductor giant Q...
Poland poised to buy Hanwha’s multiple rocket launchers
Poland is on the verge of buying additional artillery rocket systems developed by Hanwha Defense Co., following a string of weapons purchase agreeme...
Ramen wars: Nongshim caught out by rising Ottogi
Ottogi Co. is emerging as a formidable rival to Nongshim Co. in South Korea's instant noodle market, becoming the most popular ramen for the fifth w...
LG Display holds digital art exhibition in London
South Korea’s LG Display Co. is holding a digital art exhibition in London for works created on its organic light-emitting diode (OLED) panels...
Kia’s EV6 GT: Faster than supercars Lamborghini, Porsche and Ferrari
South Korea’s sports car enthusiasts now have one more supercar option to enjoy at an affordable price – one that is arguably as powerfu...
Hyundai E&C wins $158 mn order for port facility construction in Kuwait
South Korea’s Hyundai Engineering & Construction Co. announced Tuesday it won a 220 billion won ($157 million) deal from Kuwait to add sev...
POSCO partially restarts Pohang furnaces flooded by typhoon
POSCO Holdings Inc., the holding company of South Korea’s largest steelmaker, has partially restarted its blast furnaces at its main plant in ...
Korea airlines to increase flights on eased COVID-19 rule
South Korean airlines plan to increase international flights by year-end as the country is set to ease the rule on COVID-19 for travelers in a move ...
Samsung Biologics, Samsung C&T extends investment in US biotech firms
The Life Science Fund, jointly launched by Samsung Biologics and Samsung C&T Corp., announced Wednesday it invested $15 million in US biotech fi...
Korea's domestic jet fighter KF-21 completes first flight test
KF-21 Boramae, South Korea’s first advanced supersonic jet fighter, successfully completed its first flight test on Tuesday more than six year...
Korean LCCs’ international flight recovery remains slow
South Korean budget airlines are seeing a slow recovery in international flights as key routes such as China and Japan have yet to normalize while t...
Korea inflation at 24-year high, adds to big step views
South Korea’s inflation accelerated to a 24-year high last month, reinforcing expectations that the central bank may raise interest rates by 5...
Korean Aerospace Ind.'s shares soar on Poland export hopes
Korea Aerospace Industries Ltd. (KAI), South Korea’s military aircraft manufacturer, is emerging a winner in South Korea’s sagging stock...
Korean Air gears up to normalize international flights
Korean Air Lines Co., the country’s top carrier, is set to take measures to normalize international flights as nations worldwide are opening u...
Samsung nears 3-nano chip mass production ahead of TSMC
Samsung Electronics Co. is close to mass producing 3-nanometer chips based on a next-generation ultramicro fabrication process as a global first and...
Korea airlines’ race for Mongolian route intensifies
South Korean airlines’ competition for the Mongolian route, one of the most profitable, is heating up as low-cost carriers have joined the rac...
Iljin Materials aims to complete stake sale in August
Iljin Materials Co., a South Korean electric vehicle battery materials maker, accelerated the process of the sale of a majority stake in a deal esti...
Hyundai Heavy likely to be added to MSCI Korea index
Hyundai Heavy Industries Co., the world's largest shipbuilder, is the strongest candidate to be included in the MSCI Korea Index next week as part o...
Korea April inflation hits 13-1/2-year peak; bond yields up
South Korea’s consumer prices in April rose at the fastest pace since the 2008-09 global financial crisis, reinforcing expectations of further...
Korean Air’s stock lags US peers' on slow demand recovery
Korean Air Lines Co.’s stock is underperforming those of its US rivals on concerns that South Korea’s top carrier is unlikely to immedia...
How Glenwood made twofold return from HanGlas without dividends
Seoul based-Glenwood Private Equity, founded in 2014, has been quietly building its presence in the South Korean M&A market, chasing assets deem...
Biotech startup Voronoi withdraws IPO plans
South Korea’s biotechnology startup Voronoi Inc. scrapped its plan to go public this month. The new drug developer announced Wednesday it...
Global airlines raise flights to pre-COVID levels on border reopening
Global airlines are increasing flights to pre-pandemic levels as countries worldwide are opening up their borders to support the tourism sector, ram...
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...
LG's AI designer debuts at New York Fashion Week
South Korean fashion label Greedilous showcased its 2022 Fall-Winter collection on the main stage of the New York Fashion Week on Monday local time....
Ukraine woes, global tightening knock down Asian stocks
Asian stock markets lost ground on Monday with South Korea’s main shares down to their lowest level in more than two weeks as rising tensions ...
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 ...
Creditors to unveil new plans next week to sell DSME
Creditor banks of South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) are mulling new ways to find a new owner of the debt-ridden ...
Bank of Korea may hike rates this week to curb inflation, household debt
South Korea’s central bank is almost certain to raise interest rates on Friday to curb inflation and household debt as the US Federal Reserve ...
Kosdaq: Will January effect occur in 2022?
South Korea’s tech-heavy Kosdaq index tends to rise every January as many Korean retail investors rush to dump their stocks just before the ex...
