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Asiana Airlines on June 1 hosted a meeting of CEOs from Star Alliance member carriers for the first time in Seoul, to strengthen efforts in elevating the brand value of the world’s largest global air...
Liquor prices are continuing to increase across South Korea, the latest being those from Lotte Liquor, industry sources said on June 1. Starting this month, prices of liquor from Lotte Chilsung Beve...
BUSAN – The city of Busan and Singapore’s Changi Airport Group on June 1 signed a memorandum of understanding to increase the air transport volume between Busan and Singapore and strategically suppor...
Faced with mounting criticism from shareholders, South Korean entertainment powerhouse S.M. Entertainment announced on May 31 that it will consider handing out dividends for the first time since it w...
Shares of Kolon Group ’s bio affiliates plummeted after South Korea’s drug authorities canceled the license for gene therapy drug Invossa on May 28. According to the Ministry of Food and Drug Safe...
Hyundai Motor and affiliate Kia Motors said on May 29 their sales in the United States improved in the first four months of the year, but their slump in China continued. In the January-April peri...
South Korea’s state pension operator cut the number of listed firms in which it has a stake of 5 percent or more in the first quarter of the year in an apparent bid to boost its investment returns, a...
“Parasite,” the winner of the Palme d’Or at the 2019 Cannes Film Festival, has not only become a source of national pride but also a boon for its investors. The movie, the seventh from director Bong...
German luxury carmaker BMW said on May 28 it will release its new 7 Series globally in the first half of this year. Some partial moderations have been made to the new model. Its design emphasizes lu...
South Korea’s leading e-commerce platform cafe24 announced on May 27 that it has signed a partnership deal with short video mobile app TikTok. TikTok is a popular video platform which allows users...
Kurly, operator of grocery delivery platform Market Kurly, on May 24 announced that it has secured an additional 35 billion won investment from China-based Hillhouse Capital in its series D round. I...
SK Innovation said on May 27 it will expand its electric vehicle battery production capacity 20 times more than the current level by 2025 to meet growing demand and expand its presence in the promisi...
GS Home Shopping, a leading home shopping channel operator here, said May 26 that it has invested $1.2 million in Luxstay, a Vietnamese home-sharing platform that targets the Southeast Asian market. ...
South Korea’s listed firms saw their financial health worsen in the first quarter of the year, data showed on May 27, amid an economic slowdown. The average debt-equity ratio of 640 companies lis...
The ubiquitous toys of domestic toy seller Sonokong range from the megahit transformation car-robots “Turning Mecard” to “Sofy Ruby” (also spelled Sophie Ruby), an ordinary girl on an adventure to sa...
Bithumb, Yeogi Eottae, HanaTour indicted for data leak
Samsung Galaxy Fold is now ready for launch: Samsung Display exec
KTB Securities Thailand seeks listing on solid profits
S.M. Entertainment pressed to answer activist shareholder’s demands
Goldman Sachs lowers growth forecast for S. Korea, expects two rates cuts
SK hynix’s new China plant to stay idle over Huawei fallout
Taxi-sharing app operator Kornatus snaps W1.2b funds
Samsung Display continues to lead in mobile market: IHS
June 20, 2019
