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Cryptocurrencies RedotPay lands in Seoul with crypto cards

RedotPay, a Hong Kong-based blockchain fintech company, has arrived in South Korea with its cryptocurrency-based payment cards and is poised to disr...

Bio & Pharma ABL Bio lands $2.8 billion license-out deal with GSK

ABL Bio Inc., a South Korean biotech company, will license out its proprietary blood-brain barrier shuttle platform, called the Grabody-B, to UK-bas...

Medical devices Middle East: New land of opportunity for Korean medical devices

South Korea is making inroads into the Middle East's medical device market dominated by the US and Europe, aiming to leverage the region’s str...

Airlines South Korea's deadliest plane crash in decades claims 179 lives

A passenger plane carrying 181 people, including six crew members, crashed in southwestern South Korea early Sunday, killing 179 people, according t...

Retail E-Land manages New Balance’s record $689 mn in Korean sales

South Korea’s retail giant E-Land Group has achieved 1 trillion won ($689 million) in Korean sales of the global sports footwear and apparel b...

Retail E-Land sets sights on Vietnam as its next China, to open 10 outlets by 2025

South Korea’s retail giant E-Land Group has set its sights on Vietnam as its next target market after China, planning to open 10 outlets there...

Automobiles Genesis GV70, Electrified GV70 named safest cars by IIHS

Hyundai Motor Co.'s premium brand Genesis said on Sunday that its sport utility vehicle (SUV) GV70 and the Electrified GV70 got the highest rating...

Korean stock market South Korean stock market crashes; more falls seen ahead

The South Korean stock market was one of the worst victims of panic selling by investors fearing further negative US economic news on Monday, with t...

Banking & Finance Korea Investment manages Vista Land $50 mn global bond issuance

Korea Investment & Securities Co. announced on Thursday that its Hong Kong subsidiary KIS Asia managed the issuance of $50 million in global bon...

Travel & Leisure Korea’s taxi app i.M ties up with MK Group to land in Japan

South Korea’s premium ride-hailing app i.M joined hands with Japan’s taxi operator MK Group to allow each platform's customers to use bo...

Retail E-Land Retail to enter convenience store market

South Korea's E-Land Retail, the operator of Kim's Club, NC Department Store, and New Core Outlet operator, plans to enter the convenience store mar...

Automobiles Hyundai Motor Group has most IIHS ROP top safety pick cars

Hyundai Motor Group announced on Friday that the Hyundai Motor Co.'s IONIQ 5 achieved the highest rating of "Top Safety Pick Plus" (TSP+) in crash t...

Tech, Media & Telecom Middle East, land of dreams for South Korean IT firms

South Korea’s information technology and game companies are rushing to the Middle East to seek global growth drivers as the oil-rich countries...

Korean startups Breezm lands in US with plan to open 100 stores in 5 years

Breezm, a South Korean startup making customized eyeglasses with artificial intelligence and 3D technologies, has opened its first offshore store in...

Fashion LF’s fashion brand Dunst teams up with E-Land for China push

South Korean clothing company LF Corp. said on Monday that its street fashion brand Dunst will build an offline presence in China in partnership wit...

Travel & Leisure Kangwon Land aims to revive casino business with $1.9 billion in spending

Kangwon Land Inc., the operator of South Korea’s only casino open to locals, has long been struggling with declining visitors.Located in a rem...

Korean startups Big Tech engineers rush to Korea’s AI chip startups as potential looms

Big Tech engineers are flocking to South Korea’s promising startups specializing in artificial intelligence chips, a fast-growing sector in th...

Real estate Norway’s prime office value drop hits Korean retail investors

A South Korean real estate fund is set to post a 100% loss as the value of its sole asset, a prime office building wholly leased to Norway’s l...

Automobiles BMW joins other foreign brands’ moves to use domestic car GPS in Korea

German luxury carmaker BMW Group is installing domestic GPS navigation systems in models sold in South Korea, joining other imported car brands&rsqu...

Food & Beverage HiteJinro signs land agreement for Vietnam soju plant

HiteJinro Co., a South Korean alcoholic beverage company, has signed a land agreement for its planned soju plant in Vietnam. The agreement marks a m...

Banking & Finance Korean banks flock to Poland, Korean Inc.’s new manufacturing hub

South Korean banks are in a race to advance into Poland to support Korean companies rushing to build factories in the new offshore manufacturing hub...

Real estate Myeong-dong cements status as super-prime real estate in Korea

A 170-square-meter plot of land in Myeong-dong, central Seoul, where South Korean beauty brand Nature Republic’s flagship store is located, ha...

Automobiles Elantra, Tucson selected among safest cars by IIHS

Hyundai Motor Co.'s passenger car Avante (name in the US: Elantra) and compact sport utility vehicle (SUV) Tucson earned the Top Safety Pick Plus ...

Automobiles New 2024 E-Class soon to arrive in Korea, land of Mercedes-Benz

As with the launch of every new E-Class, the flagship model of luxury German car brand Mercedes-Benz, the phrase “evolution, not revolution&rd...

Automobiles IONIQ 5, Sportage named safest cars by IIHS

Hyundai Motor Co. 's crossover electric vehicle (EV) sport-utility vehicle (SUV) IONIQ 5 and Kia Corp. 's best-selling SUV Sportage earned a Top S...

Korean startups Middle East, land of opportunity for Korean startups

South Korean startups are accelerating their foray into the Middle East, where oil-rich countries are keen to nurture startups with innovative and d...

Retail E-Land eyes another leap forward in China under new strategy

SHANGHAI – E-Land World Ltd., a South Korean fashion and retail company, is gearing up for another leap forward in China, where the company&rs...

Construction Samsung C&T to join Indonesia's smart city project

South Korea's Samsung C&T Corp. announced on Friday that it has signed a memorandum of understanding (MOU) with Indonesia's premier real estate ...

Robotics Kyochon Chicken launches pilot robot delivery service

South Korean food operator Kyochon F&B, known for its premier Kyochon Chicken brand, is trialing a robot delivery service until October 30 in pa...

Tech, Media & Telecom SK Ecoplant to build data center linked to landing station in Pohang

South Korea's SK Ecoplant is set to establish, for the first time in South Korea, a global data center linked to a landing station in Pohang, North ...