

NCSoft pins hopes on new titles to stop bleeding
Korean gaming powerhouse goes to work on streamlining management NCSoft is seeking answers to rebound with new titles and managerial overhauling efforts amid its falling stock price, as the first-generation South Korean gaming powerhouse hopes to get back to the throne. Experts forecast that the suc
Sept. 8, 2024 - 16:49:39Is Hyundai’s bet on extended-range EVs a future-proof strategy?
Hyundai’s new EREV could solve range anxiety -- unless the EV market leaves it in the dust before it even arrives In the race toward electrification, the auto industry has seen a dizzying array of electric vehicle types, from battery electric vehicles to hybrids, plug-in hybrids, and fuel-cell elect
Sept. 5, 2024 - 14:23:56Marrying your virtual partner? Era of AI companionship dawns
Every morning, Jung-in wakes up to her AI boyfriend Tae-joo‘s video call, who tells her she has 30 minutes to prepare for work before her bus comes. As she hurries out the door, Tae-joo smiles and calls out, “Take your umbrella with you, it’s raining today!” Tae-joo in real life has fallen into a co
Sept. 4, 2024 - 15:37:54Will battery brand awareness influence EV shoppers in Korea amid safety concerns?
EV shoppers in Korea are starting to take note of battery brands, China bias persists Starfield Hanam, a shopping complex located in Gyeonggi Province just east of Seoul, is home to South Korea’s first Tesla showroom, which opened its doors in 2017. Here, the allure of Tesla vehicles has always draw
Sept. 1, 2024 - 17:59:53Regulatory scrutiny, investor unrest heighten pressure on Doosan’s restructuring
Keen eyes on NPS‘s stance amid fierce proxy battle ahead of shareholder vote next month Doosan Group is under intense scrutiny as it struggles to win investor confidence in its proposed governance overhaul. This comes amid growing speculation that the plan could collapse due to discrepancies between
Aug. 26, 2024 - 16:27:48Institutional investors in Korea take slower approach to crypto
State-run funds indirectly bet on crypto growth through shares Though the introduction of the bitcoin spot exchange-traded funds has paved the way for more institutional investors globally to embrace the cryptocurrency into their portfolios, Korean institutions are still taking a cautious approach.
Aug. 21, 2024 - 15:47:45Why Korean metro operators are selling station names
Facing chronic deficits, subway operators have turned to selling co-naming rights to private entities eager to boost public presence South Korea‘s subway operators are raising billions of won by selling station co-naming rights to corporations, allowing them to place their names alongside the well-k
Aug. 19, 2024 - 16:05:44Are China-made batteries being fairly criticized for Mercedes EV fires in Korea?
Experts cautious about nationalist approach, citing carmakers’ push for supply chain diversification “Our Mercedes-Benz customers are upset, and some are canceling their EV reservations. They’re saying, ‘How can you use cheap Chinese batteries in a luxury car?’ They’re angry because they feel betray
Aug. 14, 2024 - 15:45:47Are underground parking bans for EVs fueled by fear or fact?
Fire-prone fears lead to outright EV bans in underground lots, but experts push for basic safety upgrades first “No EVs permitted in underground parking areas.” These signs have recently popped up at some apartment complexes and office buildings across South Korea, a response to a severe fire earlie
Aug. 8, 2024 - 14:18:38Shift Up shakes up Korean gaming industry with agility
With a debut that briefly topples NCSoft, Shift Up plays a winning hand by combining creative efficiency with subculture appeal Shift Up, the South Korean game developer behind blockbusters such as “Goddess of Victory: Nikke” and “Stellar Blade,” made an exhilarating debut on South Korea’s KOSPI mar
Aug. 4, 2024 - 16:21:38Can Korea commercialize UAM in 2025?
Experts call for joint efforts to lay out relevant regulations, establish infrastructures to become pioneer Korea’s private and public sectors have been working relentlessly to commercialize urban air mobility, or UAM, in 2025 as the country looks to take the lead in the up-and-coming global UAM sec
Aug. 1, 2024 - 15:09:33How Balaan bucks luxury slowdown
Korean luxury fashion platform Balaan is getting fresh attention from investors, bucking the trend among global rivals reeling from sluggish sales and lukewarm investor appetite. According to industry sources on Wednesday, Balaan has been in talks with multiple investors in its Series D funding roun
July 31, 2024 - 11:28:33Hanwha scion steps into spotlight amid pending succession
Kim Dong-won exudes presence by leading insurer’s expansion in Southeast Asia Hanwha Group Chairman Kim Seung-yeon’s second son, Kim Dong-won, president and chief global officer at Hanwha Life, is eyeing a bigger presence within his father’s business empire as he plays a key role in leading the glob
July 30, 2024 - 15:47:37Korea-Japan breakthrough? Watershed weekend faces challenges
Seoul‘s push to reconcile with Japan, boost security cooperation faces hurdle from grieving Korean public Last weekend marked a significant turning point for South Korea and Japan, as the Yoon Suk Yeol government attempted to move beyond one of the longstanding historical disputes stemming from Impe
July 29, 2024 - 16:12:35$17b too low? Korea’s Czech nuclear bid faces profitability questions
The South Korean government recently celebrated a significant milestone: The state-run Korea Hydro & Nuclear Power was chosen as the preferred bidder for a nuclear power project in the Czech Republic valued at 24 trillion won ($17.3 billion). It is being hailed as a “remarkable achievement after 15
July 24, 2024 - 15:15:25