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South Korean retail conglomerate Shinsegae Group said on March 19 its luxury concept store BoonTheShop will open at an upscale US department store. The launch of BoonTheShop at Bergdorf Goodman -...
South Korea’s ICT service provider Hyundai AutoEver is poised to raise 168.4 billion won ($148.63 million) in its forthcoming initial public offering, a disclosure showed on March 18. Hyundai AutoEv...
Sales at South Korean duty-free stores hit a new monthly high in February on increased purchases by Chinese tourists during the Lunar New Year holiday, industry data showed on March 18. The combi...
The British Embassy in Seoul said on March 18 it will help carmaker Jaguar Land Rover’s promotion of its all-electric vehicle in South Korea amid rising demand for environmentally friendly cars. ...
Former Uber CEO Travis Kalanick, who currently heads Los Angeles-based shared service provider City Storage Systems, will enter South Korea with Cloud Kitchens next month, according to industry sourc...
US hedge fund Elliott Management said on March 18 that its dividends proposal for Hyundai Motor and its auto parts affiliate Hyundai Mobis will not affect their liquidity or future investment plans. ...
South Korean drug maker Donga Pharmaceutical said on March 18 that it will roll out its diabetes drug Suganon in India next month. India-based pharmaceutical firm Alkem Laboratories won exclusive...
Several South Korean pharmaceutical companies have decided to make new facility investments in a bid to hone their competitiveness, industry sources said on March 18. The decisions, made at annua...
The number of preorders for Hyundai Motor’s all-new Sonata has surpassed the 10,000 mark in five days across the country since the carmaker start receiving orders on March 11, the company said on Mar...
Shareholders of Kia Motors voted on March 15 to name Hyundai Motor Group Executive Vice Chairman Chung Eui-sun as director at the key affiliate. The automotive conglomerate’s heir apparent has se...
South Korea joined other countries to ban all Boeing 737 Max aircraft from its airspace due to safety concerns, the Transport Ministry said on March 15. The ministry issued a Notice to Airmen to ...
Prosecutors raided South Korea’s main stock exchange on March 15 as part of a probe into alleged accounting fraud by Samsung BioLogics. Investigators from the Seoul Central District Prosecutors’ ...
Korean e-commerce firm Coupang announced on March 15 that is has appointed Jay Jorgensen as its new Chief Compliance Officer. Jorgensen worked as global retail giant Walmart’s Chief Compliance Offic...
Hyundai Motor Group won support from the National Pension Service for its key proposals ahead of its shareholders meeting on March 22, in a blow to Elliott Management. Elliott Corp. founder Paul Si...
South Korean internet giant Naver said on March 15 that it has established a joint venture with Daewoong Pharmaceutical to provide medical data analysis services based on its artificial intellige...
Woori Financial to acquire two Anbang-owned AMCs
Yanolja seeks talents for global biz expansion
WeMakePrice to start food delivery service
Hotel Shilla hit by drug scandal
YG Entertainment shares plunge amid tax probe
NPS to oppose Samsung Biologics’ proposals for shareholders meeting
Samsung develops next-gen DRAM chip
QARAsoft launches official version of robo advisor app Kosho
March 22, 2019
