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[THE INVESTOR] CJ Logistics, an affiliate of Korea’s food and entertainment giant CJ Group, said on Aug. 10 that an adviser at Samsung’s life insurer is joining the company as the vice president, in...
[THE INVESTOR] Lotte Tour Development said on Aug. 9 it will hold a series of investor relations sessions next week in a bid to attract more investment for its resort construction on the country‘s s...
[THE INVESTOR] Asiana Airlines said on Aug. 8 it swung to a net loss in the first half as a strong won drove up currency losses and fuel costs. Asiana reported it was in the red by 54.8 billion ...
[THE INVESTOR] Police raided the office of a local company on Aug. 7, which claims to have discovered the wreck of a sunken Russian warship from the early 20th century, as part of a probe into alleg...
[THE INVESTOR] The number of new corporations set up in Korea in the first half of the year rose 6.8 percent on-year led by the expansion of the wholesale and retail businesses, government data show...
[THE INVESTOR] The number of Korean business groups’ affiliates under tight restrictions on mutual investment and loan guarantees fell sharply in the May-July period, the country’s corporate watchdo...
[THE INVESTOR] The market value of firms affiliated with Korea’s top 10 conglomerates has fallen off this year as their stocks were affected by bearish market conditions, data showed on Aug. 1. ...
[THE INVESTOR] Korean low-cost airline T’way Air, made its debut on the country’s main bourse on Wednesday, becoming the third budget carrier to be traded on the market. The carrier, which was l...
[THE INVESTOR] CJ Logistics said on July 30 it is considering investing in overseas companies to expand its global presence. “We are reviewing various partnerships, joint ventures and investment...
[THE INVESTOR] SK hynix said on July 27 it will pour a whopping 15 trillion won (US$13.40 trillion) into building a new chip plant that will be operational by 2020. The mega plan comes as its cross...
[THE INVESTOR] POSCO’s board of directors on July 27 approved a finance expert with a 35-year career at the steelmaker as its ninth chief executive officer. Choi Jeong-woo began his career at PO...
[THE INVESTOR] Korean company Shinil Group, which claimed to have found the wreckage of a Russian battleship carrying 150 trillion won (US$134 billion) worth of gold, backed down on July 26 saying i...
[THE INVESTOR] Switzerland-based Schindler Elevator has sent a notice of intent seeking an investor-state dispute suit against the Korean government, claiming losses from Hyundai Elevator’s recapita...
[THE INVESTOR] S-Oil said on July 26 that its second-quarter net profit rose 143.9 percent from a year earlier. Net profit reached 163.2 billion won (US$145 million) in the April-June period, co...
[THE INVESTOR] SK hynix said on July 26 its second-quarter net profit advanced 75.4 percent from a year earlier. Net profit reached 4.3 trillion won (US$3.84 billion) in the April-June period, c...
[INTERVIEW] Banksalad out to tackle info asymmetry
BTS renews contract with Big Hit Entertainment
SKINFOOD sued by franchisees for seeking court receivership
WeWork to launch new co-working space in Busan
Ediya Coffee plans second shot at Chinese market
Bank ownership rules eased for Kakao, Naver
SKINFOOD to close outlets in E-mart, E-Land Retail
Chinese crypto exchange BTCC to launch service in Korea
October 19, 2018
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