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[THE INVESTOR] S-Oil said on Jan. 28 it shifted to a net loss for the October-December period due to inventory-related losses. For the three months that ended in December, the company’s net loss...
[THE INVESTOR] Samsung SDI announced on Jan. 25 its fourth-quarter net earnings increased 10.8 percent on-year on strong demand for its lithium-ion batteries used in cordless devices and electric v...
[THE INVESTOR] Pan Ocean said on Jan. 25 that it has clinched a shipping contract worth 127 billion won (US$113 million) to transport iron ore from Brazil to China. Under the deal with Brazilian...
[THE INVESTOR] A Seoul court on Jan. 25 sentenced the head of major food maker Samyang to three years in prison for embezzling 5 billion won (US$44.30 million) of company funds. The Seoul Northe...
[THE INVESTOR] Sales of cigarettes in Korea fell 1.5 percent in 2018 from a year earlier due to the government-led anti-smoking campaign and higher prices, data showed on Jan. 25. Smokers purcha...
[THE INVESTOR] Korea Corporate Governance Improvement, a local private equity firm, has unveiled plans to more actively participate in the management of Hanjin Group. The activist fund, led by form...
[THE INVESTOR] Lotte Chemical said on Jan. 17 that its affiliate has acquired a Turkish engineered stone producer for 125 billion won (US$112 million). Lotte Advanced Materials will hold 72.5 pe...
[THE INVESTOR] Korea’s state pension operator said on Jan. 16 that it will decide in February whether to actively exercise its shareholders’ right over Korea Air and its holding firm Hanjin KAL. ...
[THE INVESTOR] Troubled Korea National Oil Corp. is poised to sell more overseas assets -- this time, Dana Petroleum -- to cut down on debts and improve its financial health, industry sources said o...
[THE INVESTOR] Samsung Heavy Industries said on Jan. 10 that it is aiming to clinch US$7.8 billion worth of new orders this year. The figure marks a 24 percent hike from last year’s tally. T...
[THE INVESTOR] Korean shipbuilder Hanjin Heavy Industries & Construction said on Jan. 8 that its offshore unit in the Philippines has filed for court receivership. Its wholly owned subsidiary ope...
[THE INVESTOR] SK Innovation said on Dec. 30 it will showcase a key part of flexible displays at the CES 2019 slated for next month in the United States. The company said it will introduce its fle...
[THE INVESTOR] Samsung Group and four other major conglomerates have completely ended their circular cross-shareholding structures, Korea’s antitrust watchdog said on Dec. 28. The four other big...
[THE INVESTOR] Asiana Airlines said on Dec. 26 its stake in its affiliate Air Busan will stand at 44.17 percent after the budget carrier’s planned stock market debut, nearly unchanged from the curre...
[THE INVESTOR] Korean Air announced on Dec. 18 it has decided to levy a no-show fee on all international flights from next year as several passengers, mostly K-pop fans, are causing inconvenience fo...
LG Innotek’s next cash cow: Time-of-flight module
Samsung’s cash reserves top W100tr
Kim Jong-un unlikely to tour Samsung’s Vietnamese smartphone factory: sources
LG all out to regain market share with upcoming G8, V50
LG CNS, AWS to accelerate corporate data migration to cloud
Chiefs of Korea’s top 10 conglomerates to reap record high dividends for 2018
Koreans use nearly W8tr at convenience stores on credit cards
Hyundai reaches tentative settlement in US class-action suit over ‘exploding’ sunroofs
February 19, 2019
