DeFi

Beauty & Cosmetics K-beauty defies trade headwinds as exports to China, US lead sales growth

South Korea’s beauty industry is mounting a powerful global push, defying trade pressures and economic uncertainties with a surge in exports t...

Energy Doosan Enerbility defies doubters about homegrown gas turbines

Doosan Enerbility Co., a leading power plant engineering company in South Korea, has defied doubters about its gas turbines, the first produced at h...

Korean startups YC-backed Relate defies conventional wisdom for deeper integration

It may look like David versus Goliath, but Y Combinator-backed Relate has found a sweet spot where it can beat Salesforce in the sales customer rela...

The KED View Defy convention with long-run plans to upvalue Korean stocks

The South Korean stock market has been on an upward swing in recent weeks, with many partly attributing it to President Yoon Suk Yeol’s pledge...

Central bank Gov Rhee Chang-yong turning BOK into dynamic central bank

Bank of Korea (BOK) Governor Rhee Chang-yong has transformed the central bank into a dynamic monetary authority by cooperating with not only oversea...

Mergers & Acquisitions Poultry processor Harim to buy Korean top sea carrier HMM for $5 bn

South Korea’s leading poultry processor Harim Group is set to acquire the country’s No. 1 sea flag carrier HMM Co. for about 6.4 trillio...

Central bank BOK chief says rates need to stay high for over 6 months

South Korea’s central bank chief on Thursday said interest rates will have to stay high for more than six months, leaving the door open for an...

Artificial intelligence Microsoft defies media report of issues in tie with OpenAI

REDMOND, WASHINGTON – A Microsoft Corp.’s key executive defied a media report that its partnership with OpenAI, the developer of the glo...

Central bank BOK chief defies rate cut calls amid sustained inflation

South Korean central bank chief on Tuesday defied calls for an interest rate cut this year despite growing risks of a recession in Asia’s four...

Korean games DeFi platform Neopin unveils plan for Web 3.0, NFT, multichain services

Blockchain firm Neopin announced its strategy to strengthen its foothold in the global DeFi Market on Thursday with four keywords: Web 3.0, multicha...

Business & Politics June Huh, mathematician of Korean descent, wins 2022 Fields Medal

June Huh, a Korean American mathematician and Princeton University professor, has won this year's Fields Medal, a prestigious prize awarded to young...

Venture capital Live commerce platforms like Grip to keep growing in Asia Pacific: Google

In April 2021, there were some 200 unicorns in the Asia Pacific region, second only to the United States which had 290 startups each valued at $1 bi...

Central bank DO NOT PUBLISH, BUT EDIT- BOK defies big step rate hike view on recession fears

South Korea’s central bank on Wednesday defied expectations of a big step rate hike by raising the interest rate by 25 basis points (bps) desp...