Hanwha Finance expands Abu Dhabi ties in digital finance

Hanwha Group’s financial affiliates have signed a series of partnerships with Abu Dhabi institutions to expand cooperation in digital finance, stablecoins and cross-border financial infrastructure, the group said Friday. The agreements were signed Wednesday at the Abu Dhabi Investment Forum held at the JW Marriott Hotel Seoul. ADIF introduces Abu Dhabi’s investment environment and growth industries to international companies and investors, focusing on developing long-term investment and business

2026-09-18 14:45:16:00

Hyundai Steel secures ISO 37301 compliance certification

Hyundai Steel has obtained ISO 37301 certification, an international standard for compliance management systems, as the steelmaker strengthens its companywide framework for managing legal and regulatory risks. The company held a certification ceremony Wednesday at its Pangyo office in Seongnam, Gyeonggi Province, attended by Hyundai Steel Vice President Seo Sang-won, head of management support, and Korea Fair Competition Federation Chairman Park Jae-gyu. During the event, the two sides reviewed

2026-09-18 14:45:05:00

Coway unveils slimmer 3-in-1 chair for work, rest and massage

Coway has launched the Berex Triple Chair 2 Slim, a compact offering that combines the functions of an office chair, recliner and massage chair for homes with limited space. The new model is 9 percent smaller than the movable version of its predecessor, according to the company. Its wheels are concealed inside the base, preserving a streamlined appearance while allowing the chair to be moved when needed. For office use, the seat height can be adjusted by up to 5 centimeters. An optional lumbar s

2026-09-17 15:00:55:00

HD Construction Equipment wins 45-excavator order in Hong Kong

HD Construction Equipment has secured an order for 45 Develon excavators for a major railway expansion project in Hong Kong, the company said Wednesday. The order comprises seven 53-ton excavators and 38 midsize and large models weighing between 14 and 36 tons. The machines will be deployed for MTR Corp.’s Tung Chung Line extension, which involves adding about 1.2 kilometers of track and building new station facilities. The project is being carried out on reclaimed coastal land with relatively w

2026-09-16 14:12:30:00

Korea Eximbank seeks deeper economic ties with Uzbekistan

The Export-Import Bank of Korea said Wednesday it discussed expanding economic cooperation with Uzbek President Shavkat Mirziyoyev during his visit to Seoul for the inaugural Korea-Central Asia Summit. Korea Eximbank Chairman and CEO Hwang Ki-yeon met Mirziyoyev on Tuesday following the Korea-Uzbekistan Business Round Table, held on the sidelines of the summit. Hwang described the gathering as an opportunity to deepen bilateral economic ties. Uzbekistan is pursuing major development projects in

2026-09-16 13:59:41:00

Samsung, Verizon turn mobile network into AI crowd sensor

Samsung Electronics and Verizon have tested technology that turns mobile networks into real-time crowd sensors, demonstrating a potential 6G application in a live environment. The companies deployed artificial intelligence-powered integrated sensing and communication, or ISAC, at a major international soccer fan event in Dallas in July. Samsung said it was the industry’s first AI-based ISAC field trial conducted over a virtualized radio access network. ISAC is being developed as a key component

2026-09-15 13:38:15:00

Cho Hyun-joon bets on AI power boom with W386.5b US orders

Hyosung Heavy Industries has won 386.5 billion won ($286 million) in extra-high-voltage transformer orders from two major US technology companies this month, reinforcing Chair Cho Hyun-joon’s push to position power infrastructure as a core growth engine in the AI era. The contracts cover transformers for new AI data centers in the southern and northern US. They comprise 220 billion won worth of 765-kilovolt transformers and 166.5 billion won worth of 345-kV units, the company said Tuesday. The d

2026-09-15 11:24:17:00

SC Bank Korea offers up to 4% on Hi Account

Standard Chartered Bank Korea is offering first-time customers an annual interest rate of up to 4.0 percent on its Hi Account as part of a promotional campaign running through Dec. 31. Customers who open the demand deposit account during the campaign will receive an additional 3.4 percentage points regardless of their balance. The promotional rate applies through Jan. 31, 2027. The offer applies to customers who open the account within 31 days of registering their information with the bank, as w

2026-09-15 11:20:54:00

Lotte Biologics steps up global outreach

Lotte Biologics will attend three major biopharmaceutical conferences in October, seeking new contract manufacturing deals and broader global partnerships. The company’s schedule includes CPHI Milan 2026 in Italy from Oct. 6-8, BioJapan 2026 in Yokohama from Oct. 7-9 and World ADC San Diego in California from Oct. 12-15. At CPHI Milan, Lotte Biologics will showcase the large-scale commercial manufacturing capabilities of its Songdo Bio Campus and its dual-site production network spanning South K

2026-09-14 15:03:07:00

HD Hyundai E&F completes W435b LNG cogeneration plant

HD Hyundai E&F has completed a 435 billion won ($323 million) liquefied natural gas cogeneration plant at the Daesan petrochemical complex in Seosan, South Chungcheong Province, strengthening the industrial hub’s energy infrastructure. The HD Hyundai Oilbank subsidiary said Monday that the plant can generate 290 megawatts of electricity and produce up to 321 metric tons of steam per hour. It will supply power and thermal energy to companies within the complex, including H&L Advanced. Powered by

2026-09-14 13:50:13:00