KB News DeskEximbank backs LS Cable’s US subsea plant with W300b
The Export-Import Bank of Korea will provide 300 billion won ($218 million) in financing for LS Cable & System’s subsea cable plant in the United States, stepping up support for…
EcoPro BM upgrades Hungary cathode plant for German EVs
EcoPro BM has begun upgrading its cathode production lines at its facility in Debrecen, Hungary, to produce high-nickel cathodes for a German luxury electric vehicle maker, signaling an aggressive push…
Brokerages cut Kakao targets as split raises valuation concerns
Kakao’s plan to split into two listed companies, Kakao AI and Kakao X has prompted a streak of target price cuts from brokerage houses, citing concerns over a potential holding…
Japan’s rightward shift tests Korea-Japan ties as Takaichi marks first year
Seoul and Tokyo’s effort to keep historical disputes from derailing broader cooperation is facing a fresh test as Japan’s rightward political shift brings long-standing flashpoints back to the fore. An…
20 colleges, universities face state-funded student aid restrictions in 2027
Aid eligibility list also gives prospective students measure of universities’ accreditation status, financial health South Korea will restrict state scholarships and student loans for incoming students at 20 universities and…
YouTuber Park Wi apologizes after backlash over accident footage
A YouTuber with more than 1 million subscribers has come under fire after posting footage of a fall at a railway station that showed a social service worker trying to…
Coway expands B2B push with tailored appliance care
Coway is expanding its business-to-business operations with customized product recommendations, installation and maintenance services. The home appliance rental company is targeting growing demand from hotels, offices, schools and other commercial…
S. Korea's wage jobs rise 292,000 in Q1, led by welfare, hospitality sectors
South Korea added 292,000 wage jobs in the first quarter of 2026, driven by gains in the health and social welfare, accommodation, and food service sectors, while manufacturing and construction…
Hanmi signs record $2.3b obesity drug deal with Genentech
Hanmi Pharmaceutical said Monday it has inked an exclusive licensing agreement with Genentech for its obesity drug candidate HM17321 in a deal that could be worth up to $2.3 billion,…
Samsung moves heat pump boiler production to Korea
New Gwangju line to produce more than 100,000 units annually for domestic market Samsung Electronics said Monday it is moving production of its eco heating system heat pump boilers to…
