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June 20, 2017
Arbitration likely over Kumho, Doublestar brand dispute

[ THE INVESTOR ] Creditors of Kumho Tire are considering a move to seek arbitration over a dispute brand dispute with China’s Qingdao Doublestar, financial sources said on June 20. Doublestar si...
June 20, 2017
Hyundai Ioniq EV sales rise in US

[ THE INVESTOR ] The demand for Hyundai Motor’s all-electric Ioniq is steadily rising in the United States, industry sales data showed on June 20. Hyundai Motor sold only 75 pure-electric Ioniqs...
June 20, 2017
Fruit prices rise to 4-year high

[ THE INVESTOR ] The fruit price index soared to the highest level in four years last month, government data showed on June 20. The index of the prices of 15 major fruits, including apples, pears,...
June 19, 2017
SK Innovation confident of setting new record in Q2

[ THE INVESTOR ] SK Innovation , South Korea’s top oil refiner, said on June 19 it is expected to reach another record operating profit in the second quarter with its oil refining business thrivi...
June 19, 2017
Hyundai Motor faces class action lawsuit in US over steering defect

[ THE INVESTOR ] Hyundai Motor America, the US affiliate of South Korea’s No. 1 automaker, has been sued by two owners of Hyundai vehicles in the US over a defective steering system posing major ...
June 19, 2017
New foreign minister picks Hyundai Sonata as official limo

[THE INVESTOR] Newly appointed Foreign Minister Kang Kyung-wha has chosen Hyundai Motor’s Sonata Hybrid, an economic and environment-friendly midsize sedan, for her official commuting limo, during h...
June 19, 2017
Genexine, MSD get approval to test DNA vaccine for cancer

[THE INVESTOR] Korean vaccine maker Genexine said on June 19 it has received regulatory approval to conduct clinical trials for its DNA vaccine in combination with MSD's cancer immunotherapy Keytr...
June 19, 2017
SsangYong G4 Rexton heralds large SUV boom

[THE INVESTOR] SsangYong Motor 's latest flagship SUV G4 Rexton is enjoying popularity for safety, high-performance and upgraded driving experience in Korea ahead of its global launch. Since its r...
June 19, 2017
Hanwha to build aircraft parts plant in Vietnam

[ THE INVESTOR ] Hanwha Techwin , the aircraft engine manufacturing unit of Hanwha Group, said on June 19 it is seeking to build a new parts plant in Vietnam. The company said it has recently pu...
June 19, 2017
Hyundai to unveil GV80 concept version

[ THE INVESTOR ] Hyundai Motor said on June 19 it will hold a three-week-long showcase event to unveil its luxury fuel cell concept sport utility vehicle GV80 in Korea. In the showcase that will...
June 19, 2017
SK Biotek goes global with BMS plant purchase

[THE INVESTOR] SK Biotek, a wholly owned drug-making subsidiary of SK Holdings, said on June 19 it will acquire US drug maker Bristol-Myers Squibb’s manufacturing plant in Ireland to enter the Europ...
June 19, 2017
Producer prices fall in May

[ THE INVESTOR ] Korea’s producer prices fell slightly in May from a month earlier central bank data showed on June 19. The producer price index, a barometer of future consumer inflation, reached ...
June 18, 2017
Korean companies showcase infrastructure projects at AIIB

[THE INVESTOR] Korean construction and engineering companies showcased their past infrastructure works at the Asian Infrastructure Investment Bank’s annual meeting of the governors on June 17. At a...
June 18, 2017
Ybrain headband takes aim at depression

[THE INVESTOR] For the past 11 years, South Korea has recorded the highest suicide rate among Organization for Economic Cooperation and Development countries, with depression and mental illnesses be...
June 18, 2017
Corporate earnings forecast to be higher than expected: brokerage firms

[THE INVESTOR] Korean companies’ earnings for the second quarter of the year are projected to be higher than expected on the back of improving business conditions, industry data showed on June 18. ...

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