Airbus A330-200

Bio & Pharma S.Korea’s Lunit installs breast cancer AI diagnostic tool at 200 US hospitals

Lunit Inc., a South Korean AI-powered cancer diagnostics company, said on Monday that more than 200 healthcare institutions across the US have now a...

Energy Vietnam, gateway for SK Group’s global renewable energy push

TIEN GIANG, VIETNAM – Off the coast of Vietnam’s Tien Giang Province, 36 wind turbines spin steadily with a constant whoosh and swish, g...

Energy Doosan Enerbility bags $200 mn Qatar power plant EPC deal

Doosan Enerbility Co. has clinched an engineering, procurement and construction (EPC) contract for a gas-fired power plant from Qatar in a consortiu...

Corporate investment Mirae Asset invests $200 mn in LS Group affiliate in US

South Korea's Mirae Asset Global Investments said on Sunday it invested $200 million in Essex Solutions, a US magnet wire manufacturing affiliate un...

Korean stock market Kospi to move in 2,350-3,200 range in 2025: brokerages

South Korean stocks are expected to bounce back in the new year as their extremely low valuation following investors’ massive sell-offs in 202...

Foreign exchange Korea to relax FX rules by December to boost dollar selling

South Korea will raise the limits on forward dollar purchases and expand the foreign exchange swap line between the National Pension Service (NPS) a...

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...

Airlines Korean Air resumes Incheon-Kumamoto flights after 27 years

Korean Air Lines Co. said on Monday that it relaunched the Incheon–Kumamoto route on November 24, offering seven weekly services.The route, la...

IPOs LS Group’s US magnet wire unit to go public with $1.4 bn value

The US magnet wire unit of South Korea’s leading electric power, materials and energy conglomerate LS Group is seeking an initial public offer...

Construction HJ S&C wins $200 mn Philippines new port construction project order

HJ Shipbuilding & Construction Co. (HJ S&C) said on Thursday its construction division secured a 280 billion won ($200 million) contract to ...

Retail 11Street to host grand shopping festival in November

South Korea’s e-commerce platform 11Street Co. will hold its annual Grand 11 shopping festival from November 1 to 11. Since 2008, the company...

Food & Beverage Paris Baguette opens 600th overseas store in Canada for global expansion

Paris Baguette opened its 600th overseas store in Toronto, Ontario, as the leading South Korean bakery brand is rapidly expanding its global busines...

Airlines S.Korea’s T’way Air to introduce A330-900 Neo aircraft

T'way Air Co. announced on Thursday that it will gradually introduce five new Airbus A330-900 Neo aircraft starting next year.T’way recently s...

Food & Beverage Hanwha Galleria acquires beverage manufacturer Pure Plus

South Korea's Hanwha Galleria Corp. said on Monday its acquisition of domestic beverage manufacturer Pure Plus.Pure Plus has focused on non-alcoholi...

Batteries Lotte Energy completes pilot plant for solid-state battery electrolyte

Lotte Energy Materials Corp., one of South Korea’s leading battery materials makers, has completed a pilot plant for the production of sulfide...

Aerospace & Defense Hanwha Systems, Airbus to jointly develop space solar cells

Flexell Space, South Korea's Hanwha Systems Co.'s in-house venture, said on Thursday that it signed a letter of intent (LOI) with Germany's Airbus D...

Banking & Finance NH Investment selected as UN GCF manager

South Korea's NH Investment & Securities announced on Thursday that it was selected as the first Asian securities firm to manage the Climate Tec...

Artificial intelligence SK invests $200 mn in US AI cluster builder SMART Global

SK Telecom Co. said on Tuesday it has agreed to invest $200 million in SMART Global Holdings Inc. (SGH), a US artificial intelligence cluster builde...

Tech, Media & Telecom Liner launches beta service for Academic Mode AI Search

South Korea's generative AI startup Liner announced on Thursday that it launched a beta service of Academic Mode AI Search, which provides answers b...

Shipping & Shipbuilding HMM starts to demonstrate OCCS for vessles

South Korea's HMM Co. announced on Tuesday that it installed and initiated a demonstration of the Onboard Carbon Capture and Storage System (OCCS) f...

Korean chipmakers Korea to inject $200 mn into semiconductor packaging R&D

South Korea will inject 274.4 billion won ($200 million) into a state-run R&D project for semiconductor packaging technology, a key to producing...

Food & Beverage Ediya Coffee expands to Malaysia following Guam

South Korea's homegrown coffee chain Ediya Coffee announced on Friday that it has signed a master franchise agreement in Malaysia, marking the begin...

Airlines Korean Air expects US approval for Asiana merger by end-Oct: report

Korean Air Lines Co., South Korea’s No. 1 full-service carrier, expects to gain full approval from the US government by the end of October to ...

Real estate Korea’s Shinsegae building unit to raise $478 mn to cut debts

South Korean retail giant Shinsegae Group’s building unit, suffering amid difficulties in the local real estate project financing sector, is s...

IPOs HD Hyundai Marine Solution stock price doubles on Kospi debut

HD Hyundai Marine Solution Co.'s debut on the Kospi, South Korea's largest initial public offering in more than two years, saw a near-doubling of st...

Korean startups S.Korea’s largest startup fair NextRise to be held in June

The Korea International Trade Association announced on Tuesday that the largest domestic startup fair in South Korea, NextRise 2024 Seoul," will be ...

Korean stock market Kospi 200 firms' values sharply below MSCI developed market rivals

South Korea’s listed firms are undervalued compared with companies in public markets of developed and emerging countries, according to the Kor...

Waste management Korea Zinc buys US Kataman for $55 mn for recycling business

Korea Zinc Inc., the world’s largest lead and zinc smelter, acquired Kataman Metals LLC, a US-based scrap metal trading company, at $55 millio...

Korean chipmakers Hanmi Semiconductor wins $16 mn HBM equipment order from SK Hynix

South Korean chip equipment company Hanmi Semiconductor Co. announced on Friday that it has secured a 21.5 billion won ($16.1 million) supply deal f...

Construction Daewoo E&C, Kuwaiti banks sign $250 mn loan agreement

Daewoo Engineering & Construction Co. has signed an agreement to take on a $250 million loan from three Kuwaiti banks, Al Ahli Bank of Kuwait (A...