Canada

Economy Korean exports snap 15 months of gains in Jan despite higher chip sales

South Korea’s exports dropped in January on-year for the first time in 16 months due to more holiday days in the month, although overseas sale...

Bio & Pharma Celltrion gets approval of Omlyclo in Canada

South Korea’s Celltrion Inc., received new drug submission (NDS) approval from Health Canada for Omlyclo, the biosimilar of allergic asthma an...

Aerospace & Defense Korea’s HD Hyundai, Hanwha fail to win $7.3 bn Australian navy deal

HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. failed to win a $7.3 billion deal to build frigates for the Australian Navy, industry sources a...

Batteries LG Energy, Stellantis’ EV battery JV in Canada mass-produces modules

LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, said on Wednesday its joint venture in Canada with m...

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...

Batteries Solus signs incentive agreement with Quebec

Solus Advanced Materials, a South Korean copper foil supplier, said on Friday that its overseas subsidiary Volta Energy Solutions Canada signed an i...

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...

Artificial intelligence KT unveils photos of Canadian fall destinations using GenAI

KT Corp. unveiled on Monday the Canadian edition of Genie TV's AI Travel View, which was created using generative artificial intelligence technology...

Bio & Pharma Celltrion gets approval of Steqeyma in Canada

South Korea’s Celltrion Inc., received new drug submission (NDS) approval from Health Canada for Steqeyma, a biosimilar of the autoimmune dise...

Tech, Media & Telecom SK Telecom launches In-flight wi-fi service

South Korea's SK Telecom Co. announced on Wednesday that it launched the T In-flight wi-fi service.This service will initially be available on six a...

Tech, Media & Telecom SK Telecom's X Caliber enters N.American pet market

South Korea's SK Telecom Co. announced on Monday that it signed a distribution agreement with Canadian pet medical equipment company Nuon & Nikk...

Airlines Air Premia, Alaska Airlines sign interline agreement

South Korea's Air Premia Inc. announced on Thursday that it partnered with Alaska Airlines, the fifth-largest US carrier, through an interline agr...

Korean startups Korea’s No. 1 flea market app Karrot expands services across Canada

Danggeun Market Inc., South Korea’s largest online flea market service provider, is expanding its online used-goods marketplace app Karrot acr...

Banking & Finance Shinhan Card, Canada's Alberta to co-work for tourism

South Korea's Shinhan Card Co. announced on Wednesday that it signed a strategic business agreement with the provincial government of Alberta, C...

Shipping & Shipbuilding Hanwha Ocean, Canadian firms to collaborate on submarine projects

South Korea's Hanwha Ocean Co. announced on Friday that it partnered with three Canadian companies at Canada’s largest defense exhibition, CAN...

Batteries Honda, POSCO Future M to build cell materials plant in Canada

Japan’s Honda Motor Co. and South Korea’s POSCO Future M Co. agreed to build a battery materials plant in Canada where the automaker wil...

Batteries POSCO Holdings, KNOC to jointly secure lithium in Canada

POSCO N.EX.T Hub, the venture platform of POSCO Holdings Inc., announced on Thursday that it signed a memorandum of understanding (MOU) with the K...

Aerospace & Defense Korea’s HD Hyundai ties up with GE, L3Harris for warship exports

South Korea’s top shipbuilder HD Hyundai Heavy Industries Co. is joining hands with major US defense technology firms to expand its presence i...

Banking & Finance Mirae Asset rebrands Canadian subsidiary to Global X

South Korea's Mirae Asset Global Investments Co. announced on Thursday that it will change the name of its Canadian exchange-traded fund (ETF) manag...

Logistics Hyundai Movex to supply smart logistics for EcoPro BM Canada plant

South Korea’s Hyundai Movex Co., the logistics automation solutions affiliate of Hyundai Group, announced on Wednesday that it signed a 20 bil...

Automobiles Genesis G80, GV70 electric models win Canada Car of the Year awards

Hyundai Motor Co. 's premium brand Genesis announced on Friday that its Electrified G80 and Electrified GV70 earned prizes at the 2024 Canadian Ca...

Business & Politics Korean mining company to file around $747 mn claim against Panama

A state-run company in South Korea is set to seek an investor-state dispute settlement (ISDS) worth around 1 trillion won ($747.1 million) against t...

Food & Beverage Lotte Wellfood enters Costco stores in Canada, Mexico

South Korea's Lotte Wellfood Co. announced on Tuesday that it is expanding exports to Mexico and Canada through Costco. It marks the first entry o...

Batteries Samsung SDI to invest in Canada Nickel, new mine in Canada

Samsung SDI Co. has agreed to invest $18.5 million in Canada Nickel Company Inc. to secure steady supplies of nickel and cobalt, key materials for r...

Cryptocurrencies Foreign-listed bitcoin ETF trading suspended in S.Korea

South Korean investors’ years-long trading of spot-bitcoin exchange-traded funds (ETFs) listed in Canada and Germany was abruptly suspended du...

Bio & Pharma Celltrion applies for approval of Xolair biosimilar in Canada

South Korean biopharmaceutical company Celltrion Inc. announced on Wednesday that it has applied for CT-P39, a biosimilar of the treatment of asth...

Aerospace & Defense S.Korean drone exports quadruple from goal

South Korean drone exports surged to $1.11 million in 2023, exceeding the government's target by more than four times, fueled by strong demand for d...

Energy KHNP eyes Canada's nuclear energy project with ARC, NB Power

Korea Hydro and Nuclear Power Co. (KHNP) said on Wednesday it has signed a non-binding agreement with ARC Clean Technology Canada Inc. and New Bruns...

Electronics LG Elec’s vehicle systems plants running above full capacity

LG Electronics Inc.'s automotive electronics production plants have surpassed 100% of their operating rate this year as of the end of September.Acco...

Batteries POSCO Holdings to secure lithium from oil-field brine in Canada

South Korea's POSCO Holdings Inc. announced on Wednesday it signed a memorandum of understanding (MOU) with Invest Alberta Corporation (IAC) in Seou...