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[THE INVESTOR] YG Plus, a subsidiary of Korea’s leading entertainment powerhouse YG Entertainment, on Aug. 2 announced that it will further expand its presence overseas with its cosmetics brand Moon...
[THE INVESTOR] Korean food giant CJ CheilJedang has formed a consortium with Korean private equity firm JKL Partners to acquire US food processor Schwan’s, according to news reports on Aug. 2. Indu...
[THE INVESTOR] Korean biopharmaceutical firm Celltrion said on Aug. 2 that its breast cancer biosimilar has been approved by Australia’s regulatory body. The Therapeutic Goods Administration app...
[THE INVESTOR] Another automobile produced by German carmaker BMW 520d sedan caught fire while being driven on a local expressway on Aug. 2, further fueling safety concerns. Police said the vehi...
[THE INVESTOR] Korea’s top automaker Hyundai Motor said on Aug. 2 it has launched its “#whatsnext” marketing campaign in Saudi Arabia following the Islamic country’s decision to allow women to drive...
[THE INVESTOR] The number of Korean business groups’ affiliates under tight restrictions on mutual investment and loan guarantees fell sharply in the May-July period, the country’s corporate watchdo...
[THE INVESTOR] Hyundai Motor and Kia Motors both showed increased sales of their SUVs in the United States in July despite an overall sales decline for the month, their US distribution arms said on ...
[THE INVESTOR] BMW and the importers of Ferrari and Lamborghini models will voluntarily recall 270 vehicles to fix faulty components, the Transport Ministry said on Aug. 2. The move is part of t...
[THE INVESTOR] Prosecutors opened an investigation on Aug. 1 into a financial regulator’s complaint that a pharmaceutical affiliate of Samsung Electronics breached disclosure rules regarding a call ...
[THE INVESTOR] Local analysts dropped Hanmi Pharmaceutical 's share price target on Aug. 1 due to concerns over a weak outlook for the third quarter. A number of equities research analysts issued...
[THE INVESTOR] Kia Motors said on Aug. 1 its car sales rose 5.1 percent last month from a year earlier on recovering demand in emerging markets. Kia sold 230,878 vehicles in July, up from 219,69...
[THE INVESTOR] Hyundai Motor said on Aug. 1 its July sales fell 6.5 percent from a year earlier due to weak sales in major markets. Hyundai sold 339,694 vehicles in July, down from 363,127 units...
[THE INVESTOR] Korean entertainment giant CJ ENM on Aug. 1 said that it plans to establish a joint venture, tentatively named Belief, with popular boy band BTS’ agency Big Hit Entertainment. “It is...
[THE INVESTOR] The market value of firms affiliated with Korea’s top 10 conglomerates has fallen off this year as their stocks were affected by bearish market conditions, data showed on Aug. 1. ...
[THE INVESTOR] SsangYong Motor said on Aug. 1 its sales rose 11 percent last month from a year earlier due to robust sales of its mainstay sport utility vehicles. The carmaker sold 12,628 vehicl...
Samsung butts heads with LG in clothing care system market
31 largest groups account for 66% of exports
Daewoong’s Nabota gets sales approval in Canada
Mirae Asset Daewoo invests W110b in Four Seasons hotel in Hawaii
WeWork gobbles up office leases in Seoul
Samsung Display creates TF for foldable display
Smart hearing aid startup Olive Union raises W500m funds
Foldable patent applications on rise in Korea
August 20, 2018
