South Korean banks hit by cyberattacks
South Korean banks face cyberattacks exposing personal data of about 25,000 individuals at Shinhan Bank and 40,000 at Yegaram Savings Bank.
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Korea’s Chip Leaders Urge Shift Away From Fast-Follower Model
South Korea's chip leaders urge a shift from the fast-follower model to meet AI demand, calling for new memory architectures and stronger computing infrastructu
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Korea becomes hub for investment innovation
Korea becomes a hub for investment innovation with new strategies from S&P Dow Jones Indices, offering multi-asset solutions.
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South Korea’s stock market sees record sidecar halts
South Korea’s stock market hit record sidecar halts in 2024, raising doubts about the sidecar mechanism’s effectiveness amid 49 Kospi interruptions—nearly doubl
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Oriental Brewery Launches First Soju Chalrang
Oriental Brewery launches Chalrang, its first zero-sugar soju by Jeju Soju, using its distribution network in Korea's competitive soju market.
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Kospi seen falling short of record high in 2024
South Korea's Kospi is unlikely to hit its record high in 2024 due to high interest rates and economic pressure.
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Naver Operating Profit Falls Slightly
Naver operating profit falls slightly due to increased investments in artificial intelligence infrastructure, despite rising sales and net profit.
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Korea Posts Record Current Account Surplus
Korea posts record current account surplus of $49.7 billion in June, driven by strong exports and record highs.
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A2Z to supply UAE with self-driving tech in $7.7mn deal
South Korea's Autonomous A2Z secures a $7.7mn deal to supply self-driving tech to the UAE, boosting smart mobility in the Middle East.
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Samsung and LG vie for heat pump dominance
Samsung and LG intensify push into South Korea's residential heat pump market to offset slowing sales of traditional home appliances with heat pumps.
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