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Mergers & Acquisitions Harman acquires Masimo’s audio arm in Samsung’s car audio push

Harman International Industries Inc., wholly owned by Samsung Electronics Co., has acquired Masimo Corp.’s audio business for $350 million, a ...

Business & Politics US tariffs add risk premium to dollar assets: Maurice Obstfeld

WASHINGTON, D.C. – The US tariff increases are adding risk premiums to dollar-denominated assets, undermining the dollar’s role as a glo...

Economy Korea’s Q1 economic contraction adds to stimulus expectations

South Korea's economy unexpectedly contracted in the first quarter as exports and consumption fell amid a political crisis and fears over the impact...

Pension funds S.Korea’s NPS to double pension fund size by 2050, hike risky assets

South Korea’s National Pension Service (NPS) is projected to nearly double its fund size to 3,500 trillion won ($2.38 trillion) by 2050, follo...

Economy Korea’s weak exports add to Trump tariff risk woes

South Korea’s exports in the first two months skidded as sales to the world’s two largest economies China and the US fell, adding to con...

Economy Korea’s export growth at 14-month low, adds to BOK rate cut views

South Korea’s export growth fell to a 14-month low in November with shipments to the world’s two biggest markets the US and China down, ...

K-pop K-Pop group ATEEZ tops Billboard 200 for 2nd Time

K-pop group ATEEZ  has claimed their second No. 1 spot on Billboard's main album chart, the Billboard 200, with their latest mini-album, Golden...

E-commerce Coupang launches Rocket Pet Doctor 2.0 with personalized pet nutrition

Coupang Inc., South Korea’s largest e-commerce platform, said on Wednesday that it has launched "Rocket Pet Doctor 2.0," an upgraded personali...

Korean stock market MSCI Korea Index adds Hyundai Rotem

MSCI announced on Wednesday that South Korea's Hyundai Rotem Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index. ...

Batteries LG Energy aims to more than double sales to $50 billion by 2028

LG Energy Solution Ltd. has vowed to more than double its sales in five years to 67 trillion won ($50 billion) by diversifying its battery products ...

Banking & Finance Woori Bank expands services for foreign customers in S.Korea

Woori Bank announced on Friday that it has set up additional “global desks” dedicated to foreign customers, some of which will be open o...

Banking & Finance Korea's Woori Bank adds two more branches in India

South Korea’s Woori Bank announced on Thursday that It has opened additional branches in Pune and Ahmedabad, India.These are the bank's fourth...

Beauty & Cosmetics Cosmax NBT gets more FAPAS certification

Cosmax NBT, Inc., a health supplement original development manufacturing (ODM) affiliate of South Korea's Cosmax Group, announced on Monday that it ...

Korean stock market MSCI Korea Index adds LS Electric

South Korea's LS Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index, MSCI announced on Tuesday.MSCI Inc. reba...

Banking & Finance KB Kookmin Bank adds Indonesian to banking platform

South Korea's KB Kookmin Bank said on Monday it launched Indonesian language services on its mobile banking platform KB Starbanking to expand its ...

Korean chipmakers Samsung to mass-produce HBM4 on 4 nm foundry process

Samsung Electronics Co., the world’s top memory chipmaker, plans to use its cutting-edge 4-nanometer (nm) foundry process for the mass product...

Corporate governance Woori adopts Samsung culture index for internal controls

Woori Financial Group has adopted Samsung Electronics Co.'s Samsung Culture Index (SCI) to tighten its internal controls, which will be given more w...

Food & Beverage Fried chicken chain bhc adds two more stores in Thailand

South Korean fried chicken chain bhc Chicken announced on Monday that it opened its fifth and sixth stores in Thailand.The number of stores has incr...

Korean food Mom's Touch adds two new restaurants in Mongolia

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Friday that it has recently opened its sixth and seventh stores i...

Korean food Korean food firms chase sizzling K-food demand with expansion

South Korean food companies are scrambling to ramp up factory output at home and abroad to meet the insatiable appetite for Korean flavors and aroma...

Korean stock market MSCI Korea Index adds Alteogen, Enchem, HD Hyundai Electric

South Korea's Alteogen Inc., Enchem Co., and HD Hyundai Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index.MS...

Korean stock market HD Hyundai Electric likely to join MSCI Korea: Samsung Securities

HD Hyundai Electric Co., Alteogen Inc. and Enchem Co. are expected to be invited to join Morgan Stanley Capital International’s Korea Index wh...

Electronics With AI tech, Samsung Electronics on par with Apple: Han Jong-hee

MILAN, ITALY – South Korean tech giant Samsung Electronics Co. has for years been desperate to catch up to US Big Tech Apple Inc. in high-end ...

Korean games PUBG’s Krafton expands in India with localized games

South Korean gaming giant Krafton Inc., renowned for its global mega-hit PlayerUnknown’s Battlegrounds (PUBG), aims to expand its market share...

Automobiles Hyundai IONIQ 5 gets first nip and tuck, adds new model

The IONIQ 5, Hyundai Motor Co.'s first pure electric vehicle built on its EV-dedicated platform, is poised to greet drivers this month with its reto...

Economy Korea's job growth at 10-month high despite weak youth employment

South Korea’s job increases rose for a second straight month to a 10-month high in January thanks to higher employment of the older, although ...

Food & Beverage Paldo to export halal-certified sikhye to Indonesia

South Korea’s food and beverage company Paldo will export the halal-certified Birak Sikhye to Indonesia, according to the company on Tuesday. ...

Infrastructure Digital assets emerge as Korean LPs' No. 1 infrastructure target

Digital infrastructure, such as data centers, towers and smart meters, will be the hottest infrastructure asset this year for South Korean limited par...

Food & Beverage Ilhwa to export McCOL to South Africa

South Korea’s Ilhwa Co. on Friday that its flagship barley carbonated beverage McCOL will be exported to the Republic of South Africa. Th...

Electronics LG Innotek develops wireless BMS for EVs

South Korean electronic parts maker LG Innotek announced on Sunday that it developed a cutting-edge wireless battery management system (BMS), a cr...