BUSSINESS
May 3, 2024 07:38pm
Hankook Tire takes over control of Hanon Systems
Hankook Tire and Technology Co. on Friday reached a deal to buy a controlling stake in Hanon Systems Corp., the world's second-largest heat pump ...
May 3, 2024 07:13pm
Woori to re-enter brokerage business with acquisition of Korea Foss Securities
Woori Financial Group said Friday that it will launch a new brokerage arm in the third quarter by acquiring digital brokerage firm Korea Foss Securiti...
May 3, 2024 06:18pm
Naver will consider company benefits in deciding on selling Line shares: CEO
While the Japanese government is pressuring Naver to shed ownership in Line, the dominating messaging app in Japan, the Korean internet giant said it ...
May 3, 2024 05:01pm
Samsung chief returns from Europe after meeting with Pope, business leaders
Samsung Electronics Chairman Lee Jae-yong returned to Seoul on Friday after his trip to Europe, where he made a surprise visit to Vatican City to meet...
May 3, 2024 04:20pm
B-Robotics teams up with Hanwha Robotics for restaurant automation
B-Robotics, a subsidiary of the delivery app Baemin's operator Woowa Brothers, said Friday it has signed a memorandum of agreement with Hanwha Ro...
May 3, 2024 04:12pm
Hyundai Motor to inject extra W1.3tr in Motional
Hyundai Motor Group will invest 1.29 trillion won ($946 million) in Motional, a US-based autonomous driving startup, to boost technological developmen...
May 3, 2024 03:59pm
Samsung Life Science Fund invests in US gene therapy firm
Samsung Life Science Fund, an investment fund created by Samsung affiliates, will invest in Latus Bio, a US gene therapy development company, accordin...
May 3, 2024 03:57pm
Hugel to develop next-generation botulinum toxin product
Hugel has started its development of new botulinum toxin products using a botulinum toxin type that has a faster onset and shorter duration of effect,...
May 3, 2024 02:15pm
Hyundai Motor aims to lead hydrogen truck business in US
Hyundai Motor Company is looking to spearhead the hydrogen-powered truck business in the United States as the Korean automaker welcomed the official l...
May 3, 2024 09:35am
Naver Q1 net income soars 1,171.9% on growth of major businesses
South Korean tech giant Naver Corp. said Friday its first-quarter net profit soared 1,171.9 percent from a year earlier on the overall growth of its m...
May 2, 2024 06:15pm
KASA chief vows full support for private-led space missions
Korea’s new state space agency, the Korea AeroSpace Administration, or KASA, will focus on rearranging roles with the private sector to support compan...
May 2, 2024 04:22pm
Celltrion seeks bigger footing in South America
Celltrion announced Thursday that the company has won public tenders in Peru to provide its autoimmune disease treatment Remsima (infliximab) and anti...
May 2, 2024 04:19pm
LG CNS enters steel scrap market
LG CNS said Thursday that the company has entered the steel scrap market by setting up a joint venture with local steel firm Daehan Steel. The new ent...
May 2, 2024 03:43pm
[Herald Interview] Former IEA chief calls for strong global governance to achieve net zero
The Paris Agreement, an international treaty on climate change, calls for limiting the global temperature increase to 1.5 degrees Celsius above pre-in...