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HD Hyundai eyes foray into US navy ship repair market in June
HD Hyundai Heavy delivered an Aegis detroyer to the South Korean Navy in November 2024 HD Hyundai Heavy Industries Co.,…
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Real estate debt outshines corporate credit: Savills
Cyrus Korat, co-founding partner of DRC Savills Investment Management Private credit has been among the top picks for alternative investors…
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LG mulls US plant expansion to deal with Trump 2.0 tariffs
LG Electronics’ washing machine and dryer plant in Clarksville, TN (Courtesy of LG Electronics) CLARKSVILLE, TN — South Korea’s appliance…
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Bank of Korea seen cutting interest rates by 25 bps in January
Rhee Chang-yong, governor of the Bank of Korea The Bank of Korea (BOK) is widely expected to cut interest rates…
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SK Ecoplant, BMW team up for batteries recycling
SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, partnered with German luxury carmaker…
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Naver D2SF invests in N.American AI startup
South Korea’s online giant Naver Corp.’s startup nurturing organization D2SF (D2 Startup Factory) invested in North American AI ad tech…
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Samsung Biologics signs $1.4 bn CMO deal with European pharma
South Korea’s Samsung Biologics Co., the world’s largest contract drugmaker, said on Tuesday it signed a contract manufacturing organization (CMO)…
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Hankook Tire gains edge over Chinese rivals under Trump tariffs
Hankook Tire’s first plant in Clarksville, Tennessee CLARKSVILLE, Tennessee — At the Hankook Tire plant in Clarksville early this month,…
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KT&G establishes Uzbekistan corporation
South Korean tobacco maker KT&G Corp. said on Monday it established the Uzbekistan corporation, aiming to boost its tobacco brand…
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Koramco seeks to sell Seoul prime office in $272 million deal
The Centre Point Gwanghwamun in Seoul’s central business district (File photo by Koramco) South Korea’s Koramco REITs Management & Trust…
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Macquarie kicks off sale of DIG Airgas estimated at over $3.4 billion
DIG Airgas facilities in Paju, Gyeonggi Province (Courtesy of DIG Airgas) Macquarie Asset Management has embarked on a process to…
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HD Hyundai starts to construct Peruvian Navy warships
South Korea’s HD Hyundai Heavy Industries Co. officially launched the Peruvian navy’s four warship project on January 10. The Peru…
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China’s BYD enters S.Korean EV market
BYD’s Atto 3 (Courtesy of BYD) China’s electric vehicle (EV) giant BYD Co. officially debuts in the South Korean passenger…
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Hyundai Mobis to boost US production to cope with Trump
Hyundai Mobis’ holographic windshield display unveiled at CES 2025 (Courtesy of Hyundai Mobis) LAS VEGAS — Hyundai Mobis Co., the…
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NCSOFT’s NC Tower up for sale with its value estimated at $272 million
NC Tower, owned by gaming firm NCSOFT, is up for sale The sale of office buildings along Teheran-ro in the…
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LG Energy to supply batteries to US solar EV startup Aptera for 7 years
The Aptera solar EV to be equipped with LG Energy’s cylindrical batteries (Courtesy of LG Energy) LG Energy Solution Ltd.,…
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Hyundai Motor, Nvidia team up for AI development for future mobility
Kim Heung-soo (left), head of Hyundai Motor’s global strategy office, shakes hands with Nvidia automotive VP Rishi Dhall after signing…
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Political crisis ups downside risk to S.Korea’s economy: S&P, Moody’s
Containers at a port in Incheon (Courtesy of Yonhap) Global credit rating agencies warned of looming downward pressure on South…
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Samsung Electro-Mechanics to produce all-solid-state batteries in 2026
Samsung Electro-Mechanics showcased ultra-compact all-solid-state batteries tailored to wearable devices in September 2024 LAS VEGAS – Samsung Electro-Mechanics Co. will…
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Samsung Biologics signs initial deal with LigaChem Bio on ADC production
Samsung Biologics’ plant No. 4 in Songdo, Incheon Samsung Biologics Co., the world’s largest contract drugmaker, said on Thursday it…
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No price too high? Trees don’t grow to the sky
Howard Marks, co-founder and co-chairman of Oaktree Capital Management The S&P 500 index experienced its best two-year streak since the…
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LG Electronics bets big on humanoid robots: CEO Cho
AI agent Q9 on display during the LG Electronics media day press conference at CES 2025 (Courtesy of Yonhap) LAS…
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LG Energy logs 1st quarterly loss in over 3 years, outlook remains gloomy
LG Energy’s cell-to-pack technology for pouch batteries (File photo by LG Energy) LG Energy Solution Ltd. reported its first quarterly…
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SK Hynix to collaborate with Nvidia on Cosmos physical AI platform: Chey
SK Group Chairman Chey Tae-won holds a press conference during CES 2025 to announce SK Hynix’s collaboration with Nvidia on…
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Regulator denies reporting MBK to prosecutors over Korea Zinc
MBK Partners teams up with Young Poong to win control of Korea Zinc A senior Financial Supervisory Service (FSS) official…
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Korea’s No. 1 fitness app Planfit eyes bigger market beyond home in 2025
Planfit app service screens (Courtesy of Planfit) A new year has arrived, and with it come the New Year’s resolutions.…
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Korea seeks to ease fintech ownership, crypto regulations
(Courtesy of Getty Images) South Korea’s top financial regulator has proposed to loosen restrictions on financial holding companies’ ownership of…
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MBK Partners’ vice chair vows to hike Korea Zinc’s value to $20.6 billion
Kim Kwang-il, vice chairman of MBK Partners, interviews with The Korea Economic Daily The battle over Korea Zinc Inc.’s management control…