Photo=MotionElements Hospitals in South Korea have begun taking advance reservations for Eli Lilly’s weight-loss drug Mounjaro, which is set to launch next week. Novo Nordisk, whose Wegovy has dominated the Korean market since its debut last year, has responded by cutting prices, setting the stage for a direct showdown between the two global blockbusters. Some clinics are offering a four-week

(Photo=Hyundai Motor Group) Hyundai Motor Group, a South Korea–based global automotive powerhouse and the parent company of Hyundai and Kia, is exploring plans to establish its first integrated R&D facility in Oceania, aiming to strengthen off-road and four-wheel drive capabilities tailored for the Australian market. Several industry sources reported on August 14 that the South Korean auto giant is reviewing

(Photo=LG Energy Solution) Hyeok-jae Lee, head of North America at LG Energy Solution, will open the main program at the Automotive News Congress in Detroit on September 11 with a keynote session on electric vehicle (EV) investment strategy. The two-day summit, set for September 10–11, will gather top global auto executives to discuss the industry’s transformation. Lee will join Elaine

(Photo=Korean Air) Korean Air’s latest expansion into Southeast Asia is drawing attention from market watchers as a potential catalyst for long-term growth, particularly for investors seeking opportunities in South Korea’s globally competitive aviation and logistics sectors. On August 12, South Korea’s flagship airline signed an agreement with Vietnam Airlines to launch a cargo joint venture and co-develop a large-scale maintenance,

Photo=Yuhan-Kimberly Kimberly-Clark, the global personal care products maker and majority shareholder of Yuhan-Kimberly, is preparing to divest its South Korean tissue business in a carve-out sale, according to people familiar with the matter. The division, known for its Kleenex brand, has operated for more than five decades and has attracted interest from major private equity firms and strategic investors. The