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South Korea’s antitrust regulator said on June 25 that it has fined McDonald’s Korea 52 million won ($45,000) for violating the law on franchise business. McDonald’s Korea is accused of accepting...
Rawrow on June 20 announced that it had signed a contract to get funding from Shinsegae International , a fashion arm of Korean conglomerate Shinsegae. According to Rawrow, it handed some of its s...
Hyundai Motor said June 24 it will supply 2,000 Ioniq hybrid vehicles to a Singaporean transportation company by the first half of 2020. The Ioniq gasoline hybrid vehicles will be operated as tax...
South Korean carmakers Hyundai Motor and Kia Motors have garnered the three highest marks in J.D. Power’s annual automotive quality survey, they said on June 20. The companies said they expected ...
South Korea said on June 20 it will set up the world’s first 5G-based autonomous car driving test bed in the capital city as it strives to take the lead in future mobility technology. The Sangam ...
Hyundai Glovis, a logistics unit of South Korea’s Hyundai Motor Group, on June 20 said it has set up a truck-based freight transport company in the United States. Through its US affiliate Glovis ...
Ten car manufacturers and importers will voluntarily recall over 40,000 vehicles due to faulty components, the transport ministry said on June 20. This is the latest in a series of recall plans f...
Asiana Airlines said on June 20 it has added a A350 passenger jet to its fleet to better serve on international routes. Its ninth A350 will run on mid- and long-haul routes to cities like Los Ang...
Doosan Bobcat, a construction equipment unit of Doosan Group, said June 20 that it has paid off $150 million worth of loans earlier than scheduled to improve its financial status. The company sai...
Investors in YG Entertainment including the National Pension Service have suffered losses of around 200 billion won ($169.2 million) over the past six months, according to Korea Exchange data. Bro...
CJ Group companies are planning to build two massive cultural facilities themed after Hallyu, or the Korean Wave of popular culture, just northwest of Seoul, company officials said on June 19. CJ...
GS Engineering & Construction said June 19 it has secured a $24 million project to build two solar power plants in Ukraine. The company will build a solar power plant with a capacity of 12.6 mega...
Korean Air said on June 19 it has signed a deal to purchase 30 B787 passenger jets to enhance its fleet, with the delivery set to begin next year. The firm signed a memorandum of understanding wi...
Renault Samsung Motors on June 18 began to sell its liquefied petroleum gas-powered QM6 SUV in the domestic market. The QM6 LPe is the first LPG-fueled SUV in the South Korean SUV market. The fac...
South Korea’s major refiners are likely to see weak earnings for the second quarter as they struggle to improve their margins, industry analysts here said on June 17. The benchmark Singapore comp...
Samsung Display CEO confirms QD-OLED plan
KT launches epidemic prevention app in Ghana
Signs of global recession haunt S. Korean economy
SKT ‘opens virtual zoo’ in Seoul
Han Sung Motor revenue triples under Ausprung leadership
Incheon Airport expands overseas business portfolio
Can LG smart fridge actually tweet?
WeMade turns profitable, share price jumps
August 18, 2019
