golf course

Shipping & Shipbuilding HD Hyundai on course for $1.55 bn order amid US-China trade war

HD Hyundai Co., the world’s largest shipbuilding group, is emerging as a key beneficiary of the Trump administration’s tariff policies a...

Mergers & Acquisitions JPMorgan, Jefferies picked to manage TaylorMade Golf sale

Centroid Investment Partners, a Seoul-based private equity firm, has selected JPMorgan and Jefferies as lead managers for the sale of TaylorMade Gol...

Sovereign bonds Foreigners return to Korean debt market; Korea on course to join WGBI

Foreigners scooped up South Korean government bonds in January despite the country’s ongoing political upheavals, betting big on the country&r...

Automobiles Hyundai, Kia on course for record 2024 US sales, led by SUVs, hybrids

South Korea’s Hyundai Motor Co. and its sister firm Kia Corp. saw their US vehicle sales surge in November, driven by large SUVs, hybrids and ...

Bio & Pharma Celltrion to break ground on CDMO plant in 2025: Chairman Seo

South Korea’s leading biosimilar developer Celltrion Inc. will break ground on its first contract development and manufacturing organization (...

Bio & Pharma Celltrion’s Remsima on course to become Korea’s 1st blockbuster drug

Celltrion Inc.'s Remsima, the world’s first biosimilar monoclonal antibody, is on track to exceed 1 trillion won ($713 million) in sales this ...

Electronics LG to expand appliance subscriptions to India to speed up leasing business

LG Electronics Inc., the leading global home appliance maker, is considering expanding its subscription service into new overseas markets, such as I...

Fashion Korean indie fashion brands spread wings to Japan, China

Matin Kim, a rising designer brand in South Korea, will open its first offline store in Japan in the first half of next year, joining other Korean i...

Artificial intelligence Pulley Campus, Yonsei Univ. to co-work on educational AI services

Freewheelin, which operates the AI courseware Pulley Campus for university education, said on Friday that it signed an industry-academia cooperation...

Economy S.Korea’s economy slows in Q2, but on growth course

South Korea’s economy unexpectedly slowed in the second quarter on softer private consumption and business investments, reinforcing expectatio...

Artificial intelligence Korea’s edtech startups defend against global giants with AI

South Korea’s major online adult education platforms improved their earnings powered by classes on artificial intelligence, defying concerns o...

Real estate Japan golf courses, Korean investors’ new target assets

South Korean investors are eyeing Japan’s golf resorts to buy amid the weak yen, rising demand for golf courses in Japan, and relatively low p...

Fashion Korea's golf apparel market shrinks as golf boom fizzles

The heyday of South Korea’s golf apparel market seems to be over with the end of the COVID-19 pandemic. Millennials and Generation Z, who had ...

Private debt Golf equipment maker Taylormade to refinance $222 mn of debt

One of the South Korean owners of Taylormade Golf Co., a leading global golf equipment maker, is set to refinance its 300 billion won ($221.7 millio...

Electronics Samsung, Henckels co-develop AI Combo detergent course

Samsung Electronics Co. announced on Wednesday that it partnered with the global household and industrial goods company Henckels AG to introduce a d...

Korean food Korea’s ramen exports on course to reach $1 bn in 2024

South Korea’s instant ramen noodle exports soared to a record monthly high in February, data showed, on course to hit the $1 billion mark in 2...

Robotics LG Elec to supply robot CLOi to SE Asian golf courses

South Korea’s LG Electronics Inc. announced on Friday that it signed a contract with the domestic golf service platform Smartscore to supply i...

Economy S.Korea’s factory output, consumption dwindle in October

South Korea’s factory activity waned last month, snapping a recovery streak in the previous two months, largely due to a drop in chip producti...

Travel & Leisure Foreign visitors to S.Korea on course to top 10 mn milestone

The number of foreign visitors to South Korea spiked 158.3% to 1.23 million in October from the month previous, the Korea Tourism Organization said ...

Business & Politics Kolon set to host Aramco Team Series golf event in Korea

South Korea’s Kolon Group said on Thursday it has signed a non-binding agreement with Golf Saudi, a unit of Saudi Golf Federation, to jointly ...

Energy Seesawing refining margins cloud Korean refiners’ earnings

The outlook on South Korean oil refiners' earnings in the fourth quarter has turned murky as oil refining margins are back on a downward trend ami...

Logistics HMM to open fastest shipping route from S.Korea to Indonesia

South Korea's HMM Co. on Tuesday said it will open a direct route connecting Busan with the Indonesian cities of Jakarta and Surabaya.The revamped I...

Electronics Samsung releases Galaxy Watch6 Classic PXG edition

Samsung Electronics Co. announced on Thursday that it will begin limited-time offers of the "Galaxy Watch6 Classic PXG edition," in collaboration wi...

Sports S.Korea's golf industry market exceeds $15 bn in value: report

The value of South Korea's golf industry market last year exceeded 20 trillion won ($15 billion).A report by the Daejeon-based Yuwon Golf Foundation...

Electronics LG Electronics’ projectors sweep world’s No. 3 golf market

Screen golf centers have become another gold mine for LG Electronics Inc. thanks to Koreans’ unwavering golf enthusiasm, which has made the wo...

Shipping & Shipbuilding Samsung Heavy Industries succeeds autonomous vessel navigation

South Korean shipbuilder Samsung Heavy Industries said on Thursday it had successfully demonstrated autonomous vessel navigation from South Korea to...

Retail Korean golf club, apparel markets face decline in post-pandemic era

South Korea’s golf equipment and apparel markets enjoyed a boom during COVID-19. But they are facing a downturn this year amid the growing pop...

Automobiles Hyundai Motor union demands higher wages on record earnings

Historically, Hyundai Motor Co.'s labor union has been among the most hardline in South Korea's corporate wage negotiations.Despite the relatively l...

Mergers & Acquisitions MBK Partners puts Korea’s largest golf course operator on market

North Asia-focused private equity firm MBK Partners has put Golfzon County Co., the biggest golf course operator in South Korea, on sale at an estim...

Economy S.Korea's economy no longer supported by China: BOK head

South Korea’s central bank chief said on Monday the local economy is no longer supported by China given the sustained decline of its exports t...