BUSSINESS
November 21, 2024 11:23am Samsung Electronics introduces 2nd-generation AI model, Gauss 2 Samsung Electronics Co. on Thursday unveiled the Samsung Gauss2, the second generation of its generative artificial intelligence model, at an annual t...
November 21, 2024 11:21am Celltrion to buy back its shares for 5th time this year South Korean biopharmaceutical firm Celltrion Inc. said Thursday it will spend around 100 billion won ($71.5 million) to buy back its shares for the f...
November 21, 2024 11:04am Lotte Group says total assets stand at W139t, shrugging off liquidity concerns Lotte Group, one of South Korea's largest conglomerates, on Thursday refuted concerns of a liquidity crisis, stating its total assets, including ...
November 21, 2024 10:07am EU says T'way Air's commitments in Korean Air-Asiana merger fulfilled; final approval yet pending South Korea's exports increased 5.8 percent on-year in the first 20 days of this month, driven primarily by strong global demand for semiconducto...
November 20, 2024 04:07pm [Herald Interview] How Gopizza got big in India South Korean pizza chain Gopizza is strengthening its foothold in the Indian market by blending food technology with the distinct flavors of Korean cu...
November 20, 2024 02:52pm Hanwha, HD Hyundai chiefs welcome second Trump era As Korean industries brace for a second nonconsecutive term of US President-elect Donald Trump, leaders of Korean defense and shipbuilding companies &...
November 20, 2024 02:04pm [Photo News] IBK-Mizuho partnership Industrial Bank of Korea Chairman and CEO Kim Sung-tae (right) and Kato Masahiko, president and CEO of Japan's Mizuho Bank, pose for a photo duri...
November 19, 2024 07:21pm Posco shuts down wire rod mill in Pohang amid supply glut South Korea's leading steelmaker, Posco, said Tuesday it shut down a wire rod mill in its factory in the southeastern city of Pohang in an effort...
November 19, 2024 05:23pm Experts dismiss Lotte's liquidity crisis rumors amid stock plunges Lotte Group's stock plummeted to record lows on rumors of a liquidity crisis, but experts claim these concerns are overstated and emphasize the n...
November 19, 2024 05:20pm ZYX Technology teams up with Jeonbuk University to foster CAD experts South Korean design software developer Zyx Technology announced Tuesday that it has signed a memorandum of understanding with Jeonbuk National Univers...
November 19, 2024 03:55pm Hyundai E&C appoints first CEO born in 1970s, signals generational shift The appointment of Lee Han-woo, head of Hyundai Engineering & Construction's housing business division, as its new executive vice president and C...
November 19, 2024 03:53pm Mixed reactions as Korea seeks to lift 52-hour work limit for chipmakers Amid intensifying competition for chip supremacy, Korean lawmakers are pushing to lift the national cap on working hours to give chipmakers more flexi...
November 19, 2024 03:40pm Korea's space development to hit wall without private sector initiative: report The private sector should take the initiative in South Korea’s space development, currently led by state-run institutes, and foster the ground equipme...
November 19, 2024 03:39pm [Contribution] How can Korean chip giants adapt to shifting global landscape? By Jang Hye-lim The return of President Donald Trump signals a transformative moment for the global semiconductor industry. Geopolitical tensions, t...
November 19, 2024 03:28pm CJ CheilJedang to divest W6t bio division South Korean food giant CJ CheilJedang has reportedly decided to sell its industry-leading bio division, which had been a key pillar alongside its foo...
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