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US-based cosmetics giant Estee Lauder announced on Nov. 19 that it will acquire Korean cosmetics company Have&Be, which is the parent company of popular skin care brand Dr. Jart. Have&Be’s corporate...
An affiliate of South Korea’s leading furniture maker Hanssem Group opened a new flagship store in Seoul on Nov. 19. Spread across 3,300 square feet, Nexus Flagship Seoul is located in Nonhyun-do...
Hyundai Motor on Nov. 19 launched the face-lifted Grandeur sedan in the domestic market to strengthen its lineup with competitive models. The upgraded Grandeur comes in four versions with a 2.5-l...
Kia Motors said Nov. 19 its cumulative vehicle production in the United States has surpassed 3 million units since it entered the world‘s most important automobile market a decade ago. The carmak...
SK Biopharm announced on Nov. 18 that its narcolepsy drug Sunosi received a positive opinion from the European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP). Narcolepsy is...
MAN Truck & Bus Korea said Nov. 18 it expects sales to remain weak through next year in South Korea, one of the German carmaker’s strategically important markets. The company expects market deama...
Korean Air flight KE 905 collided with another plane on the taxiway in Frankfurt, Germany, on Saturday, delaying the subsequent flight bound for Incheon, the air carrier said Sunday. The incident i...
Doosan Bobcat Inc., a construction equipment unit of Doosan Group, said Sunday it has set up a global center in the US for business cooperation across the globe. The Global Cooperation Center built ...
Celltrion Pharm, the generic arm of Celltrion, announced Nov. 14 that its sales jumped 36.6 percent in the third quarter from a year earlier to 47.43 billion won ($40.7 million). The South Korean co...
South Korean battery developer Iljin Materials announced Nov. 13 that it has received 600 billion won ($512.47 million) in funding from local private equity firm STIC Investment through its unit in M...
Samsung Biologics announced Nov. 14 that it has received 27001 security certification from the Geneva-based International Organization for Standardization. The company emphasized that it is the firs...
The National Pension Service of Korea said on Nov. 14 it will vote in favor of Fila Korea ’s plan to turn into an intermediate holding company and split off its Korean operation under its umbrella....
Korean cosmetics giant and private equity firms are considering acquiring global cosmetics brand Physiogel, which is known for its moisturizers, according to industry sources Nov. 13. In June, globa...
Korean biotech firm Hugel announced Nov. 12 that its operating profit jumped 225 percent in the third quarter from a year earlier to 18.2 billion won ($15.57 million). Its sales increased by 46.4 pe...
China’s Singles’ Day, the country’s biggest shopping blitz created by e-commerce giant Alibaba, hit another record on Nov. 11, selling goods worth 84 billion yuan ($12 billion) in the first hour, jum...
Non face-to-face food ordering services popular amid social distancing trend
SendBird boosts in-app API with voice, video functions
Hosts angry at Airbnb for COVID-19 policies
NPS contemplates stance on fate of Hanjin KAL chairman
Kakao’s co-CEOs to serve another 2-year term
Remote work culture finally takes off in Korea, but will it stick?
SmartStudy revenue soars fueled by overseas performance
Brokerages on risky structured bets to take quick breather
March 30, 2020
![[Advertorial] Hyundai launches upgraded Grandeur in S. Korea](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=155&simg=/content/image/2019/11/19/20191119000404_p.jpg)
