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Samyang Foods shares hit upper price limit South Korea’s Samyang Foods Co. saw its shares soar to the upper price limit at the opening bell on Friday, driven by its stellar performance in the first quarter of 2024 that far exceeded market expe..

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11Street reports improved Q1 earnings South Korean e-commerce platform 11Street Co. reported an operating loss of 19.5 billion won ($14.4 million) in the first quarter of 2024, down 38.7 percent from a loss of 31.8 billion won in the same..

Air Seoul reports record-breaking Q1 earnings South Korean low-cost carrier Air Seoul saw a run-up in sales and operating profit for the January to March 2024 period. Sales totaled 98.6 billion won ($72.8 million), up 16.3 percent on year, and op..

DGB rebrands as Korea’s first commercial bank in 32 years South Korea has opened its first commercial bank in 32 years. DGB Daegu Bank, originally established in 1967 as the first regional bank, received approval from financial authorities to take its first ..

HL Mando, Kakao Mobility collaborate on parking robots HL Mando Corp., the electric vehicle and self-driving system developing unit of South Korea’s HL Group, is teaming up with Kakao Mobility Corp. to commercialize an autonomous parking robot service, he..

Hanyang Securities’ Q1 operating profit tops $15 mn South Korea’s Hanyang Securities Co. reported on Thursday that its operating profit for the first quarter of 2024 was 19.6 billion won (14.53 million), up 22.1 percent from the same period a year ago...

Gov‘t to shift renewable energy system South Korea’s government announced it will revamp its renewable energy system that disproportionately favors solar power generation, with the plan likely to focus on offshore wind power. The plan was..

Global chip tech race heats up thanks to 3nm process The world‘s chip tech race is getting intense as leading chip manufacturers move towards adopting the 3nm process for application processors (APs), the core chips in smartphones. Qualcomm is set to r..

Markets

利앷텒�쒗솴 �뺣낫
KOSPI	2,727.52	-0.93%
KOSDAQ	855.38	-1.72%
Dollar/Won	1,356.40	0.55%

Updated : 17 May 2:28pm

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Biz

· 11Street reports improved Q1 earnings
· Air Seoul reports record-breaking Q1 earnings

Bio&Tech

· Paid broadcasting subscriber numbers fall as OTT on the rise
· LG Uplus targets B2B market with in-house AI agent

Market

· Samyang Foods shares hit upper price limit
· Hanyang Securities’ Q1 operating profit tops $15 mn

Economy

· Gov‘t to shift renewable energy system
· Korea to ban overseas direct purchases of harmful products

Seoul

· Gov’t lays out public health adaptation policies
· JW Pharmaceutical secures patent for hair loss treatment

Opinion

· Renewables shift to ensure sustainable delivery of energy
· Yoon moves towards sustainable demographic growth