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Doosan Enerbility sells Bobcat stake as it faces challenges in bond market 매일경제12:33South Korea’s power plant builder Doosan Enerbility Co.’s recent sale of a 5 percent stake in Doosan Bobcat Inc., its construction equipment unit, is raisi
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Naver to unveil upgraded AI model Hyper Clova X in August 매일경제12:30South Korean internet giant Naver Corp. will unveil Hyper Clova X, a large- language model (LLM) and an advanced version of its generative artificial intelli...
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Samyang Holdings sells LCD filter material business 매일경제12:30South Korea’s Samyang Holdings Corp. has recently sold its LCD filter material business amid the overall slump in the LCD industry, which experienced histor
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Hanwha Ocean, HD Hyundai Heavy to face off over $638 mn frigate project 매일경제12:21Hanwha Ocean Co. led by Hanwha Group Vice Chairman Kim Dong-kwan and HD Hyundai Heavy Industries Co. led by HD Hyundai Chief Executive Officer Chung Ki-sun w
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Korea strives to become a powerhouse in quantum technology by 2035 매일경제12:12South Korea will inject more than 3 trillion won ($2.33 billion) into quantum science and technology by 2035, aiming to become a global powerhouse in the sec
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Korean government aims for $845 bn food industry by 2027 매일경제12:03The South Korean government plans to boost the size of the local food industry to 1,100 trillion won ($845.4 billion) by 2027, which is 1.7 times of the curr
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Restaurant chains criticized for deceptive deals, reduced portions 매일경제11:48Some restaurant chains in South Korea are facing criticism for their cunning marketing campaigns amid soaring dining costs as deals come with strict conditio
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ETFs in U.S. chips, Korean batteries post highest returns in first half 매일경제11:33Exchange-traded funds (ETFs) linked to U.S. semiconductor and Korean battery stocks experienced a surge in Korean stock markets in the first half of this yea
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Korean public housing agencies up bond issuance amid property slump 매일경제11:21The slowdown in the South Korean real estate market since last year has fueled bond issuance by public housing agencies as they struggle to raise funds due t
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Samsung, Starbucks collaborate with Kia introduce EV9 goods 매일경제11:18Major companies from home and abroad are engaging in various collaborative marketing with EV9, a large electric sport utility vehicle of South Korea’s Kia C
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Social media platforms recording daily life popular among Korean users 매일경제11:12Social media platforms that focus on documenting everyday life are gaining traction in South Korea as some users are fatigued with show-off posts such as via
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Hyundai Motor Group units to reach $76 billion market value on earnings 매일경제10:48Three units under South Korea’s largest automotive giant Hyundai Motor Group are poised to reach market value worth 100 trillion won ($76.98 billion), which
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GS Caltex teams up with L’Oréal to develop, supply biocosmetic ingredients 매일경제10:42South Korea’s GS Caltex Corp. has partnered with French cosmetics and beauty company L’Oréal Group to develop and supply bio-based cosmetic ingredients. U
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Debt issues by Korea’s state-owned companies hit 11-year high 매일경제10:27South Korea’s state-owned enterprises raised the biggest net amount of bonds in 11 years in the first five months of this year as energy companies bumped up
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Eateries in Korea stick with high-price marketing to lure consumers 매일경제10:27Eateries in South Korea are using high prices as a marketing strategy to lure both high- and low-income consumers that each want good quality meals and a fee