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Wednesday, September 18, 2024

BUSINESS

Local tech stocks boosted by U.S. market after Lunar New Year break

Korea’s tech stocks, both big and small, received a major boost Wednesday following the Lunar New Year holiday, taking a positive cue from the...

Ford says plan for EV battery plant in Turkey with SK On still on track

SK On and Ford Motor’s plans for a joint electric vehicle (EV) battery plant in Turkey are still on track. “The non-binding MOU signed...

Seoul shares open higher on tech gains

Korean stocks opened marginally higher Friday as gains in tech companies offset concerns over a recession overshadowing the U.S. markets. The benchmark Kospi rose 5.23...

Korean games most popular among Middle Eastern users last year

Middle Eastern users played and spent the most on Korean games compared to any other region in the world, according to an annual survey done...

SK Innovation raises 3.6 billion won to support its suppliers

SK Innovation raised 3.6 billion won ($2.9 million) to support its suppliers, the company said Tuesday. The mutual growth fund will be provided to 6,658...

LG Energy Solution, Honda Motor establish L-H Battery Company

LG Energy Solution and Honda Motor established L-H Battery Company, a battery-making joint venture, on Friday. The establishment came as the two companies announced in...

Korean Air to increase U.S. and Europe flights starting in March

Korean Air will increase the number of flights to the United States and Europe in March. The airline announced Wednesday that it will be flying at...

The Pinkfong Company appoints former Disney animation director to USA studio

The Pinkfong Company behind “Baby Shark” appointed former Disney animation director David Levy to Pinkfong USA’s head of the studio, the educational entertainment firm...

Hanwha Solutions making largest ever investment in U.S solar

Hanwha Solutions is investing 3.2 trillion won ($2.57 billion) in solar manufacturing in the United States through next year. It is the biggest solar investment...

Samsung Electronics to introduce new Galaxy S23 series on Feb. 1

Samsung Electronics will introduce its new Galaxy S23 series on Feb. 1 in San Francisco. Galaxy Unpacked will be a full-scale in-person event and will...