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  Market Updates: Hybe struggles while KB and SK hynix gain

  Hybe Co., which was recently embroiled in a legal dispute with ADOR chief executive Min Hee-jin fell by 5 percent decline in the early hours of Friday and is perilously close to the ...

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  Hyundai Motor to make India its global export hub: Executive Chair

  South Korea’s Hyundai Motor Group is expected to focus on India as it moves forward to expand its global presence. “Hyundai ...

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  Hyundai Motor achieves record Q1 sales on strong high-end vehicle demand

  South Korean auto giant Hyundai Motor Co. posted a record 40.7 trillion won ($29.7 billion) in sales for the first quarter of ...

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  KB Financial Group rakes in $750 mn in Q1 net profit

  KB Financial Group recorded a net profit exceeding 1 trillion won ($750 million) in the first quarter of 2024 despite the 86.2 ...

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  Samsung Card’s Q1 net profit up 22.3% on reduced bad debt costs

  South Korea’s Samsung Card Co. posted 177.9 billion won ($129.43 million) in net profit for the first quarter, up 22.3 percent ...

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  POSCO Holdings’ Q1 OP plunges 17.3% amid economic downturn

  POSCO Holdings Co. saw its operating profit drop by more than 17 percent in the first quarter from a year ago amid the continued ...

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  Jeju Air drops Asiana cargo business sale bid

  Asiana Airlines’ cargo business sale drew interest from several South Korean flag carriers including Eastar Jet and Air ...

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  Seoul, Washington, and Tokyo launch joint research initiative

  South Korea, the United States, and Japan launched a joint research initiative, with the trio to form a trilateral committee and ...

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  MedySapiens initiates global expansion with deals in Taiwan

  South Korean biotechnology company MedySapiens, which specializes in detecting rare diseases in newborns using artificial ...

Photo News

Biz

• Musinsa’s Starfield Suwon store draws crowds

  Musinsa Standard, the in-house brand of South Korean fashion platform Musinsa, ...

• HMM to implement AI video analysis solution to enhance

  South Korea’s HMM Co. plans to adopt an artificial ...

• MedySapiens initiates global expansion with deals in Taiwan

  South Korean biotechnology company MedySapiens, which ...

• SK on to be successful with its IPO: Executive

  SK on Co., a battery maker under South Korea’s SK Group, will successfully ...

Bio&Tech

• Korean researchers develop piezoelectric element-based

  A South Korean research team, led by Professor Chang ...

• Seoul, Washington, and Tokyo launch joint research

  South Korea, the United States, and Japan launched a joint research ...

• Samsung’s Galaxy Watch7 to have blood sugar monitoring

  Samsung Electronics Co.‘s Galaxy Watch is expected to ...

• Korea reveals AI, bio, quantum tech roadmap

  The South Korean government identified artificial intelligence (AI) and chips, ...

Market

• Market Updates: Hybe struggles while KB and SK hynix gain

  Hybe Co., which was recently embroiled in a legal dispute ...

• POSCO Holdings’ Q1 OP plunges 17.3% amid economic downturn

  POSCO Holdings Co. saw its operating profit drop by more ...

• SK hynix shares fall despite surprise Q1 earnings results

  South Korean memory chipmaker SK hynix Inc. saw its shares ...

• HD Hyundai Marine IPO priced at top end of $60 apiece

  HD Hyundai Marine Solution Co. set its initial public ...

Economy

• Korea sees uptick in licenses for liquors, distilled spirits

  Current trends indicate that beer consumption is declining ...

• KB Financial Group rakes in $750 mn in Q1 net profit

  KB Financial Group recorded a net profit exceeding 1 ...

• Korea‘s GDP grows 1.3% in Q1: BOK

  South Korea’s economy grew more than 1 percent in the first quarter, driven ...

• Hanwha Life initiates Indonesia‘s Nobu Bank acquisition

  Hanwha Life Insurance Co. is looking to expand into ...

Seoul

• Gov’t lays out public health adaptation policies

  The South Korean government unveiled a medium- to long-term plan to pursue ...

• JW Pharmaceutical secures patent for hair loss treatment

  JW Pharmaceutical has acquired a patent for its hair loss ...

• Merck KGaA to invest $323mn to build bio facility in Daejeon

  Germany’s Merck KGaA, a leading global company in science ...

• Companies should contribute to resolving demographic issues

  South Korean companies should focus on environmental, ...

Opinion

• Korea should join others in offering chip incentives

  The Bank of Korea (BOK) announced Thursday that South ...

• Democratic Party‘s fiscal policy raises concerns

  The Democratic Party of Korea’s recent legislative maneuvers in the National ...

• Elections reveal shape of South Korean politics

  The legislative elections that took place in South Korea on April 10th, 2024, ...

• Now is not the time to be complacent about generative AI

  A recent study suggests that the nationwide use of ...

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