habit tracking

Earnings Shinhan Financial’s overseas business blooms, on track for record earnings

Shinhan Financial Group Co., South Korea’s leading financial holding company, is poised to surpass 1 trillion won ($692 million) in annual net...

Korean chipmakers Samsung foundry ‘relief pitcher’ Han Jin-man vows to improve 2-nm yields

Samsung Electronics Co.'s new contract chipmaking business chief said on Monday he will go all-in to improve the company’s advanced 2-nanomete...

Korean stock market S.Korean retail investors rush to buy Indian stocks on dips

South Korea's mom-and-pop investors have upped their stake in Indian stocks, hoping that Donald Trump's return to the White House will boost the Sou...

Energy Czech anti-trust body puts signing of nuclear power deal on hold

The Czech anti-trust body put a temporary block on the conclusion of a contract with Korea Hydro & Nuclear Power Co. (KHNP) for the construction...

K-pop BTS Jin reveals track list of 6 songs for solo album 'Happy'

The title track of the first solo album to be released by BTS member Jin is “Running Wild,” his agency Big Hit Music announced on Thursd...

Korean stock market South Korean investors bet big on ETFs tracking Indian equities

India has emerged as a new darling for South Korean investors actively searching for an alternative to China reeling from multiple economic setbacks...

Investment banking Junior bankers choosing track records over name value

A number of junior bankers at the Korean offices of major global investment banks such as Morgan Stanely and J.P.Morgan have resigned since July wit...

Retail BGF Retail, Deeping Source to co-work on smart convenience stores

BGF Retail Co., the operator of South Korea’s leading convenience store chain CU, said on Thursday that it signed a memorandum of understand...

Banking & Finance Korea Investment's Nasdaq 100 ETF surpasses $747 mn

Korea Investment Management Co. said on Thursday that the net assets of its ACE US Nasdaq 100 Exchange-Traded Fund (ETF) had surpassed 1 trillion wo...

Pension funds NPS commits $723 mn to MBK, 3 other managers for Korean PEs

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has hired four investment firms – MBK Partne...

Korean startups Routinery readies for new chapter with 2.0

Born in South Korea but blowing up abroad, the Routinery app is designed to make small changes in users' daily routines to make a big difference in ...

Batteries Korea to keep track of EV battery life cycles for recycling

The South Korean government will monitor electric vehicle (EV) battery life cycles to share information on the lifespan, performance and accident hi...

Korean stock market MSCI Korea Index adds Alteogen, Enchem, HD Hyundai Electric

South Korea's Alteogen Inc., Enchem Co., and HD Hyundai Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index.MS...

Regulations Seoul Semiconductor sues Amazon Europe for LED patent infringement

South Korea’s Seoul Semiconductor Co. said on Tuesday it had filed a complaint against multinational commerce giant Amazon with the European U...

Artificial intelligence Samsung AI features on 100 mn Galaxy phones by year-end: mobile chief

SAN JOSE, Calif. – Samsung Electronics Co., said on Wednesday it aims to have at least 100 million units of its flagship Galaxy line of smartp...

E-commerce Kurly’s earnings rebound may put IPO back on track

Kurly Inc., South Korea’s dawn delivery pioneer of fresh produce, appears to be getting its delayed initial public offering back on track...

Mergers & Acquisitions Coupang to buy luxury platform Farfetch at $500 mn

Coupang Inc., South Korea’s leading e-commerce platform, plans to acquire Farfetch Holdings, a London-based online retailer for luxury goods, ...

Earnings Coupang on track to post first-ever annual profit in 2023

South Korean e-commerce giant Coupang Inc. on Tuesday reported $87 million in operating profit in the third quarter, its third consecutive quarterly...

Electric vehicles Used electric vehicle prices drop in Korea with declining EV appeal

Prices of secondhand electric vehicles are falling in South Korea as drivers are increasingly less enchanted with eco-friendly vehicles due to weak ...

Korean startups S.Korea to spur startup investments with eased rules

South Korea will deploy at least 10% of a state-backed fund of funds (FoF) to venture capital investment dedicated to small startups every year, the...

Electronics Samsung Electronics to soon unveil Galaxy SmartTag2

Samsung Electronics Co. on Thursday announced its planned global release on Wednesday of Galaxy SmartTag2, the improved version of its mobile access...

E-commerce Live commerce app Grip aims to expand into Japan, US in 2024

Imagine you're using a shopping app. You talk to the seller, ask questions and receive answers in real-time on a livestream video. Now and then, the...

Carbon neutrality Samsung Electronics on track to achieve carbon neutrality by 2050

Come Friday, Samsung Electronics Co., the world’s largest memory chipmaker, will mark its first anniversary of publicly announcing its enterpr...

Korean SMEs Sampyo targets India’s railway track parts market

 Sampyo Railway Co., South Korea’s No. 1 railway turnout manufacturer, plans to launch a joint venture with an Indian company within the ...

Bio & Pharma Yungjin Pharm's new drug candidate gets Fast Track from FDA

South Korea's Yungjin Pharm has secured Fast Track designation from the US Food and Drug Administration (FDA) for its new drug candidate KL1333, des...

Batteries Deal reached on LG-Stellantis battery plant subsidy; construction resumes

All construction work at a battery joint venture in Canada between South Korea’s LG Energy Solution Ltd. and multinational automaker Stellanti...

Korean chipmakers Samsung on smooth track to 1.4 nm foundry tech to take on TSMC

SILICON VALLEY  – Samsung Electronics Co., the world’s largest memory chipmaker, on Tuesday unveiled details of its advanced proces...

Aerospace & Defense Hanwha Systems, Leonardo collaborate on developing AESA radar

Hanwha Systems Co., a South Korean defense contractor, has joined forces with Leonardo SpA, a leading European defense company, to jointly develop a...

Bio & Pharma Hanmi Pharm's Efinopegdutide gets Fast Track Designation from FDA

Merck, known as MSD outside the United States and Canada, announced on Monday that Efinopegdutide, a technology transferred from the South Korean ph...

Chemical Industry Hyosung Chemical makes emergency investment in crisis-hit Vietnamese subsidiary

Hyosung Chemical announced on Monday that it will invest $120 million in its Vietnamese subsidiary, Hyosung Vina Chemicals Co.Hyosung Vina Chemicals...