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The number of shareholders using electronic voting during this year’s general meetings nearly tripled from the previous year, data showed on April 2. Around 106,000 shareholders signed on to use ...
Kolon Life Science announced on April 1 that it has decided to suspend sales of its new osteoarthritis drug Invossa. According to the company, the decision was made after the its US unit Kolon Tiss...
It might be too early to declare that the electric vehicle battery sector, especially lithium-ion, is South Korea’s new growth engine -- on par with semiconductors that propelled the economy forward ...
Hyundai Motor said on April 1 its sales fell 2.2 percent last month from a year earlier on weak overseas demand. The automaker sold 389,160 vehicles in March, down from 397,747 units a year earlier,...
German carmaker BMW on April 1 named a new CEO for its South Korean operations in a move to prop up sales in Asia’s fourth-biggest economy. The carmaker has promoted BMW Group Korea President Han...
Despite the voluntary departure of the Kumho Asiana chairman last week, the main creditors of the conglomerate, which owns South Korea’s second-largest air carrier Asiana Airlines, have demanded that...
A continued oversupply of global steel products and growing protectionism around the world are weighing on South Korean steelmakers already struggling to find fresh growth engines for the future. Gl...
Retail giant Lotte’s startup accelerator arm Lotte Accelerator announced on March 29 that it has invested 1.5 billion won ($ 1.31 milliom) in shared kitchen service startup Simple Project. “We see t...
GM Korea said on March 28 that two US-made vehicles will be added to its lineup to boost sales. The carmaker plans to launch the large Traverse SUV and the midsize Colorado pickup truck in the Ko...
Kumho-Asiana Group said on March 28 its chairman will resign from key managerial posts, holding himself responsible for the recent controversy over an audit report for Asiana Airlines. Park Sam-k...
Global trend forecasting agency World’s Global Style Network announced plans to launch its new beauty forecasting platform on April 10. The company decided to launch a separate platform, instead o...
Korean Air Chairman Cho Yang-ho’s ouster from the company’s board of directors on March 27 boosted investor confidence, as reflected in the share prices of the airline and its holding company. Almo...
South Korea’s bio sector is gaining both attention and traction, with many claiming their successful global expansion. While not all of them can deliver on their word, Daewoong Pharmaceutical is on...
Outside directors at South Korea’s major listed firms voted for nearly all agenda items for board meetings in 2018, sparking suspicions that they serve as mere rubber stamps, a corporate tracker said...
More than 40 percent of South Korean manufacturing firms have plans to expand facility investments this year despite rising concerns over an economic slowdown, a central bank report showed on March 2...
Many foreign, domestic investors keen to acquire Skinfood
Kyung Nam Pharm seeks new owner
Abyo Korea hopes to redesign delivery industry
KDB forms co-investing roundtable with 6 local VCs
GenBody’s proposed IPO plans this year suffer setback
SK Biopharma signs contract with US new drug developer
Legal battle looms as approval for 1st for-profit hospital gets canceled
Mirae Asset invests in $243m mezzanine debt for grade A office building in HK
April 20, 2019
