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CHA Healthcare attracts $109 mn from STIC Investments 매일경제11:09South Korea’s STIC Investments is set to invest 150 billion won ($109 million) in CHA Healthcare Co., a subsidiary of Kosdaq-listed CHA Biotech. According t
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Andar’s Q2 operating profit up 50% 매일경제11:09Andar Co., a South Korean athleisure brand, saw its operating profit soar by 50 percent in the second quarter of 2024 from the same period a year ago. Accord
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Amorepacific stocks tumble as Q2 results disappoint 매일경제11:09Amorepacific Corp. stocks plummeted on Wednesday after the company announced second-quarter earnings that fell short of market expectations. Amorepacific sha
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Kakao Games reports sharp drop in Q2 earnings as hits dry up 매일경제11:09Kakao Games has reported significantly lower-than-expected earnings for the second quarter of 2024, primarily due to the absence of successful new releases.
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Hyundai Motor Group to mass-produce wearable robots in 2024 매일경제11:09South Korea’s auto giant Hyundai Motor Group has designated robots as its future growth engine and is expected to speed up commercialization. According to H
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Bank mortgage rates drop below 3% on falling market rates 매일경제11:09The lower end of a fixed mortgage rate has dropped to below 3 percent despite multiple increases under government pressure to manage household debt. Accordin
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Hancom targets Japan’s financial markets with fintech firms 매일경제11:09Hancom Inc. announced a trilateral partnership signed with South Korean and Japanese fintech companies. The agreement will open the door for the office suite
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Hankook Tire to supply high-performance tires to Mercedes-AMG 매일경제11:09South Korea’s Hankook Tire & Technology Co. has signed its first partnership with Mercedes-AMG, the high-performance division of Mercedes-Benz AG. Under the
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Shinhan to enhance competitiveness in WM sector 매일경제11:09South Korea’s Shinhan Financial Group Co. is pushing to exchange private banker (PB) personnel between its bank and securities subsidiaries in a bid to enha
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SK telecom’s Q2 OP up 16% on strong 5G, B2B businesses 매일경제11:09SK telecom Co. managed to post higher-than-expected earnings for the second quarter thanks to a sharp increase in 5G subscribers and continued growth in its
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Cereal market declines due to alternatives, demographic changes 매일경제11:09The cereal market, once a popular choice for a quick breakfast in South Korea, is shrinking rapidly. The decline is attributable to a decrease in cereal cons
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Low-income countries should benefit from AI: World Bank VP 매일경제11:09Low-income countries, including those in Africa, should be able to benefit from artificial intelligence (AI) and other technologies, according to Kim Sang-bu
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Dongwon adopts AI, drones to ease deep-sea fishing workload 매일경제11:09Dongwon Group is pioneering the use of artificial intelligence in fish detection within the deep-sea fishing industry to mitigate the impact of an aging work
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Sudden weather changes boost sales of foldable umbrellas 매일경제11:09The recent pattern of sudden, short bursts of rain followed by intense heat in South Korea has led to a surge in demand for versatile weather items in the re
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SK hynix nabs $450 mn in U.S. subsidies for Indiana AI chip plant 매일경제11:09South Korean memory chipmaker SK hynix Inc. has secured direct semiconductor subsidies from the U.S. government. The U.S. Department of Commerce announced on