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High-emission vehicles will be restricted from the center of Seoul beginning in July this year, as part of the municipal government’s new policy measures to reduce fine dust pollution in the capital,...
Asiana Airlines’ share price soared over the daily limit of 30 percent to end at 7,280 won ($6.41) on April 15 following news that its largest shareholder, Kumho Industrial, had decided to sell off ...
Sales at South Korean duty-free stores hit a new monthly high in March to breach the 2 trillion-won ($1.76 billion) mark for the first time, industry data showed on April 15. The combined sales o...
Cash-strapped Kumho Asiana Group is expected to submit a set of fresh self-rescue measures soon, including selling off its flagship unit, in a desperate move to get additional financial help from its...
Samsung Electronics started preorders for the Galaxy Fold in the United States but closed it due to limited supplies and high demand for the new device, the South Korean tech giant said on April 15. ...
Cash-strapped Kumho Asiana Group might be close to selling Asiana Airlines, after its restructuring plan was rejected by its creditors, industry sources said on April 12. A local media outlet report...
Cash-strapped E-Land Group announced April 11 that it would spin off its food and dining unit from its subsidiary E-Land Park. E-Land Park has two different business units — hotels and dining. The S...
Celltrion announced on April 11 that it has obtained marketing authorization from Health Canada for Truxima, its biosimilar for treating non-Hodgkin’s lymphoma. Truxima references Roche’s Rituxan (...
The top financial regulator on April 11 expressed frustration about the self-rescue plan submitted by the cash-strapped Kumho Asiana Group, calling for its founding family to show sincerity in its ap...
South Korean entertainment companies are expected to post solid profit growth this year despite the scandal centered on a K-pop boy band member, a local market tracker said on April 11. According to...
German luxury carmaker BMW hopes that its remodeled compact sedan, the all-new 3 Series, will help it recover from its sluggish sales in South Korea this year, company officials said on April 11. ...
Hyundai Motor and imported carmakers will voluntarily recall over 62,000 vehicles to repair faulty components, the government here said on April 11. This is the latest in a series of recall plans fo...
Debt-ridden Kumho Asiana Group called on its creditors to inject 500 billion won ($439.17 million) to address its liquidity crisis through a business revamp plan it submitted to the state-led Korea D...
A South Korean civic activist group on April 10 urged tougher regulations for disclosing the real estate assets of conglomerates to prevent speculation and price hikes. CCEJ official Kim Hun-dong sp...
The share price of beleaguered Kolon Group ’s bio affiliates fluctuated after it announced its decision to suspend sales of Kolon Life Science’s new osteoarthritis drug Invossa on April 1 following...
Bithumb, Yeogi Eottae, HanaTour indicted for data leak
Samsung Galaxy Fold is now ready for launch: Samsung Display exec
KTB Securities Thailand seeks listing on solid profits
S.M. Entertainment pressed to answer activist shareholder’s demands
Goldman Sachs lowers growth forecast for S. Korea, expects two rates cuts
SK hynix’s new China plant to stay idle over Huawei fallout
Taxi-sharing app operator Kornatus snaps W1.2b funds
Samsung Display continues to lead in mobile market: IHS
June 20, 2019
