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Retail China's Miniso re-enters S.Korea

Miniso, a household goods store known as "the Chinese version of Daiso", has re-entered South Korea after three years.According to the retail indust...

E-commerce S.Korea's dawn delivery pioneer Kurly sells luxury goods to uplift profit

Kurly Inc., South Korea's dawn delivery service market pioneer, has invited a third-party online retailer to sell luxury goods on its platform to bo...

North Korea Kim Jong Un’s Message to Trump: We’re Not Interested

SEOUL—North Korean leader Kim Jong Un appeared to rebuff the prospect of reviving his nuclear diplomacy with President-elect Do...

Corporate bonds S&P upgrades SK Innovation credit rating to BBB-

Global credit rating agency Standard & Poor's (S&P) announced on Friday that it upgraded SK Innovation Co.'s long-term credit rating from a ...

Food & Beverage CJ CheilJedang makes alternative flour with wheat bran

South Korean food giant CJ CheilJedang Corp. has engaged in an upcycling business by utilizing wheat bran, previously discarded as a milling byprodu...

Upcoming IPOs F&B chain operator TheBorn Korea eyes IPO in 2024

South Korea’s leading food and beverage group TheBorn Korea Inc., which operates 25 restaurant and café chains in domestic and global m...

Construction HD Hyundai to supply 60 excavators to Sudan

South Korea's HD Hyundai Construction Equipment Co. announced on Wednesday that it recently signed a contract to supply 60 construction equipment un...

Business & Politics Trump confidant Arkansas Gov. Sanders in Seoul for trade talks

Sarah Elizabeth Huckabee Sanders, Arkansas governor and long-time confidant of former US President Donald Trump, has shown firm support for her form...

Shipping & Shipbuilding HD Hyundai Marine bags order to upgrade Chevron LNG tankers

HD Hyundai Marine Solution Co., a ship maintenance, retrofitting and digital solution provider under HD Hyundai Co., has won an order from Chevron C...

Bio & Pharma Hanwha to re-enter biopharma market, targeting biomaterials

South Korea’s Hanwha Group will re-enter the biopharmaceutical market to become the country’s sole producer of tris buffers, a key reage...

Beauty & Cosmetics Amorepacific's camellia-derived cosmetic ingredients get COSMOS

South Korean cosmetics giant Amorepacific Corp. said on Thursday its camellia-derived cosmetic ingredients got COSMetic Organic and natural Standard...

Energy LG Energy Solution eyes US market for ESS

South Korea's LG Energy Solution Ltd. is accelerating its entry into the rapidly growing US market for energy storage systems (ESS).The company on T...

Bio & Pharma Daewoong's Nabota exceeds 600,000 customers in US

South Korea's Daewoong Pharmaceutical said on Thursday that its local loyalty program for Nabota (American name: Jeuveau) in the US, a botulinum tox...

Artificial intelligence Genie Music launches AI-based arrangement service

Genie Music, the music production and distribution affiliate of South Korea’s KT Corp., has launched an arrangement service for digital music ...

Automobiles Hyundai Motor holds Brand Day in Tokyo

Hyundai Motor Co., in celebration of the first anniversary of its reentry into the Japanese market, is introducing a locally tailored "assurance pro...

Mergers & Acquisitions Kyobo Life in final talks to buy Kakao Pay Insurance

South Korea’s third-largest life insurer Kyobo Life Insurance Co. is in the final stages of talks to buy Kakao Pay Insurance Corp., an online ...

Real estate European real estate is well-positioned for attractive relative value: M&G

The war in Ukraine continues to stoke ongoing uncertainty in Europe, with the impact on energy supplies and prices likely to be felt more intensely ...

Real estate DWS taps Steven Kim as APAC real estate asset management head

German asset management giant DWS Group said on Dec. 5 that it has appointed DWS Asset Management Korea’s Director Steven Kim (Kim Sang-wook) ...

Alternative investments We’re in a ‘range of fairness’ in terms of normal balances: Howard Marks

When Oaktree Capital Management Co-Founder and Co-Chairman Howard Marks appears on TV, he is often asked whether to embrace a risk-on or risk-off st...

ASK 2022 NPS considers new investment in global real estate

South Korea’s National Pension Service (NPS) is open to new investments in overseas real estate, the pension fund’s American real estate...

Cryptocurrencies Crypto exchange Binance to work with Busan on blockchain

Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday it had signed a memorandum of understanding (MOU) ...

Food & Beverage Ediya to re-enter global café market with first branch in Guam

South Korea’s homegrown coffee chain Ediya Coffee is ready for re-entry into the global café market after the failure of its Chinese bu...

Electric vehicles Award-winning Hyundai IONIQ 5 EV to land in Japan as MK Taxi

South Korea’s top automaker Hyundai Motor Co. said on Wednesday it is supplying its all-electric IONIQ 5 crossover to Japan’s taxi servi...

Artificial intelligence DeepBrain AI to bring back deceased loved ones – virtually 

Perhaps we will soon not be remembering our loved ones only through photos.Imagine a virtual rendition of the deceased speaking at his or her memori...

Mergers & Acquisitions Carve-out, bolt-on key themes driving M&As: BDA Partners

Amid escalating market uncertainties, M&As are not just a growth tactic but survival tools for businesses, Euan Rellie, co-founder and managing ...

Sovereign wealth funds KIC posts 8.83% return on alternative assets since inception

Korea Investment Corporation (KIC), the South Korean sovereign wealth fund, posted a 9.13% annualized return on total assets and $205 billion on a...

Real estate Former NPS real estate chief named Allianz RE's Asia head

Kim Hyun-soo, a former real estate investment head of South Korea's National Pension Service (NPS), has been named Asia head of Allianz Real Estate,...

Korean games Pearl Abyss releases mobile game Black Desert in China in April

South Korean game developer and publisher Pearl Abyss set a China release date of April 27 for its cross-platform MMORPG Black Desert on the App Sto...

Electronics LG welcomes Samsung’s likely re-entry into OLED TV market

Samsung Electronics Co.'s expected re-entry into the OLED TV market will further expand the growing segment, which is gaining popularity in the...

Pension funds Infra and RE investment heads resign from NPS

The infrastructure investment head and real estate investment head at South Korea’s National Pension Service (NPS), are leaving the world&rs...