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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 ...
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...
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 ...
Hanwha Systems announced on Dec.8 that its $25 million investment in US-based air taxi startup Overair has got final approval from authorities. The two companies plan to jointly develop personalized...
SK Innovation said Dec. 5 that it has built its first electric vehicle battery cell manufacturing plant in China. The completion ceremony for BEST -- a joint venture established by SK Innovation,...
SK Innovation said Dec. 4 it has signed a six-year deal with Swiss-based Glencore PLC to secure supplies of cobalt, a key material used in EV batteries. Under the agreement, SK Innovation will re...
Doosan Bobcat said Dec. 3 it will acquire the zero-turn mower business of US grounds care equipment manufacturer Schiller Grounds Care. Under the agreement, Doosan Bobcat will acquire Schiller Gr...
ULSAN -- SK Energy, an affiliate of SK Innovation, is set to complete the construction of its vacuum residue desulfurization facility in January, in time for the implementation of tighter environment...
S-Oil, headquartered in Seoul and wholly owned by Saudi Aramco, is unlikely to be affected by concerns about lower fuel prices and stricter environmental rules, according to analysts. The new Intern...
South Korean steel firm Posco said on Dec. 1 that it would offer incentives to socially responsible firms from Monday as part of its own efforts to contribute to society. Socially responsible firms...
GS Energy, a unit of energy and retail conglomerate GS Group, said Nov. 28 it has partnered with a Vietnamese asset management firm to build a power plant fired by liquefied natural gas there to tap ...
Large South Korean companies’ ability to service their debts worsened sharply in the first nine months of this year due to plunging profits, a corporate tracker said Nov. 27. The interest coverag...
BUSAN -- Some 75 trade agencies from 10 Southeast Asian countries gathered at the ASEAN-ROK Business Expo for a two-day investment seminar as part of the commemorative summit held in Busan, the Korea...
The number of newly established firms in South Korea fell nearly 7 percent in the first nine months of the year on a one-off factor, data showed Nov. 25. A total of 945,322 new businesses were se...
Air New Zealand on Nov. 25 began flight services to South Korea to absorb growing travel demand from Asia’s fourth-biggest economy. On Nov. 23 (local time), Air New Zealand flight NZ75 departed A...
Local fintech startup unveils Korea’s first commercial system to rule out naked short selling
Kakao’s financial subsidiaries gear up for 2021 IPOs
Hanwha Asset gains PFM license for mainland China
Woori Financial’s Q3 net profit drops 1.13%
NH NongHyup sets up Myanmar branch
Kakao to raise $300m in Singapore to muster up M&A dry powder
Shinhan Financial, Grab partner on digital finance services in Vietnam
Car sharing startup Socar becomes 12th unicorn in S. Korea
November 01, 2020
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