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Hyundai Motor said Dec. 23 its face-lifted Grandeur sedan has received more than 50,000 preorders in just over a month since the vehicle’s launch at home. The carmaker said it received orders for...
Workers at SsangYong Motor on Dec. 19 accepted a cut in bonuses and other cost-saving measures proposed by the company amid declining sales. They have agreed to the company’s proposals that requi...
South Korean drugmaker Daewoong Pharmaceutical said Dec. 19 it has won approval from authorities in the United Arab Emirates and Indonesia for the sale of its botulinum toxin product. The Ministr...
Jeju Air, South Korea’s biggest low-cost carrier, said Dec. 18 it has signed a deal to acquire Eastar Jet to cement its leading status in the budget carrier market. The LCC will acquire a 51.17 p...
Korean beauty giant Amorepacific announced on Dec. 17 that it has signed a strategic partnership deal with US-based cosmetics company Milk Makeup. Established in 2015, Milk Makeup is known for its “...
LG Uplus Corp., South Korea‘s No. 3 mobile carrier, on Dec. 15 said that it plans to invest 2.6 trillion won (US$2.2 billion) over the next five years to offer upgraded services after the country’s ...
Kia Motors said Dec. 12 it is targeting to sell 70,000 units of the all-new K5 in the domestic market next year. Its midsize sedan has gone on sale after receiving preorders of 16,000 units in the p...
Japan is threatening to overtake South Korea’s No. 1 status in China’s imported cosmetics market this year, industry data showed Dec. 12, mainly on the back of the growing popularity of low- to mi...
Hyundai Motor said Dec. 11 it will supply more than 1,200 Sonata gasoline hybrid sedans as taxis to Dubai next year. The company has signed deals with the Dubai Taxi Corp. and Cars Taxi to delive...
The number of executives at South Korea’s top 30 conglomerates fell 0.5 percent compared to 2015, amid a slowing economy, data showed Dec. 11. The data compiled by CEOScore, a research firm that ...
Hankook Tire & Technology said Dec. 10 it began to supply tires for Audi’s SQ8 TDI SUV in October. The company supplies the high-performance Ventus S1 evo 3 SUV tires for the high-performance SQ8...
Some 80 percent of firms listed on the local stock market expect their earnings to improve in the current quarter compared to a year, data showed on Dec. 10. According to the data compiled by mar...
Celltrion announced on Dec. 9 that it has disclosed its biosimilar Truxima’s results of phase 3 clinical trial at the 2019 annual meeting of the American Society of Hematology last week. “The clinic...
Hanwha Systems, the defense industry unit of Hanwha Group, said Monday it has partnered with a US innovation platform to explore joint business opportunities. The company has signed a “strategic ...
Electric vehicle models reached over 40 percent of Hyundai Motor and Kia Motors’ environmentally friendly vehicle sales in the January-October period, an automobile association said Dec. 9. In th...
Yanolja preps to go public in 2022
Antitrust watchdog drafts law to regulate online platforms
Kakao Pay eyes IPO next year
SC Bank Korea partners Toss to launch short-term personal loan
Big Hit’s offering price fixed at 135,000 won
Proptech startup Kasa Korea attracts W9.2b in series B funding
Korean lenders struggle with New York hotel-retail project investment
Netmarble launches storytelling game BTS Universe Story, second collaboration with BTS
September 29, 2020
