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Coupang’s private brand subsidiary tops $1 bn in sales last year 매일경제12:06Coupang Private Label Brands Corp. (CPLB), a subsidiary of South Korean e-commerce giant Coupang Corp. that manages in-house brands, raised more than 1.3 tri
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GS Caltex honorary chairman inducted into Korean Entrepreneur Hall of Fame 매일경제12:00South Korea’s leading oil refiner GS Caltex Corp. honorary Chairman Hur Dong-soo, known as Korea’s Mr. Oil, will be inducted into this year’s Korean Entre
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Korean investors buy U.S. natural gas ETFs as they bet on seasonal demand 매일경제11:51South Korean individual investors are buying up natural gas-related U.S. exchange traded funds (ETFs) in June as they hope to leverage from the sharp decline
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Foreign investors turn to ultra long-term Korean bonds on improved credit rating 매일경제11:42Foreign investors are expanding investments in long-term South Korean bonds with 20 years and longer maturity unlike in the past when demand for short-term n...
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Korea’s Fashion Group Hyungji readies acquisition of U.S. state uniform factory 매일경제11:39South Korea’s Fashion Group Hyungji Co. is turning to the overseas market for growth as uncertainties surround the existing women’s fashion and school unif
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Korea Inc. saw operating profit plunge last year amid interest rate hikes 매일경제11:36South Korea’s listed companies are faced with weaker prospects for profitability as their operating profit last year plummeted to only one-third of the prev
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SK Signet targets $773 million in sales by 2025 with ultra-fast EV chargers 매일경제11:21SK Signet Inc., a Korean electric vehicle (EV) charger maker mostly known for its ultra-fast charger, aims to achieve 1 trillion won ($773 million) in sales
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Korean public pension to invest in American mortgage-backed securities 매일경제11:06Public Officials Benefit Association (POBA) in South Korea, a public pension provider, will invest more than 130 billion won ($105.2 million) in American com
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OpenAI CEO calls for more investments in AI during Korea trip 매일경제10:57Sam Altman, chief executive officer (CEO) of ChatGPT maker OpenAI Inc., has set his eyes on South Korea for business opportunities in sectors such as artific
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China lodges complaint with Korea in tit-for-tat over Xing’s comments 매일경제10:51The South Korean, U.S., and Japanese ambassadors to China met for the first time in Beijing and discussed the state of affairs in the Indo-Pacific region. Ac
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Korea’s entry to MSCI Developed Market Index falls through again 매일경제10:36South Korean stock market’s chances of being added to the MSCI Developed Markets Watch List have slipped again this year. MSCI, a global equity indexing org
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Abalones, eels disappear from tables as Korean peninsula heats up 매일경제10:36The average summer temperature of the Korean peninsula has risen by 2.7 degrees Celsius over the past 30 years, a study showed, amid rapid global warming tha
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Samsung Electronics to introduce customized AI service this year 매일경제10:24Samsung Electronics Co. will introduce a customized artificial intelligence (AI) service with various functions, such as knowledge search and translation, as
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Korean government holds off inheritance tax overhaul until next year 매일경제10:15South Korea’s plan to overhaul its inheritance tax system, one of the key election pledges of President Yoon Seok Yeol in 2022, has been put off until next ...
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Korea defers stricter audit for firms with under $1.5 bn in assets 매일경제09:57The consolidated internal accounting management system in South Korea that was to be applied to listed companies with less than 2 trillion won ($1.5 billion)