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South Korea’s state pension operator cut the number of listed firms in which it has a stake of 5 percent or more in the first quarter of the year in an apparent bid to boost its investment returns, a...
South Korea’s listed firms saw their financial health worsen in the first quarter of the year, data showed on May 27, amid an economic slowdown. The average debt-equity ratio of 640 companies lis...
Experts discuss measures to tackle severe drought DAEJEON -- Scientists, government officials and representatives of global environmental organizations gathered in Daejeon City on Thursday to discus...
Hanwha Q Cells said on May 23 it topped Britain’s solar module market in 2018 for the second straight year. Its market share in the sector stood at 13.6 percent last year, up 3.8 percentage point...
Energy-to-telecom conglomerate SK Group said on May 16 it will invest $1 billion in Vietnam’s leading conglomerate in a bid to expand its presence in the Southeast Asian market. SK Group said it ...
A total of 38 firms newly made the list of South Korea’s top 500 companies by sales in 2018, with Samsung Electronics retaining the No. 1 spot, a corporate tracker said on May 15. The newcomers i...
LS Cable & System, South Korea’s leading wire and cable manufacturer, said Wednesday its new Polish plant has started production as it aims to expand its presence in the European market. The comp...
South Korea ranked second for a second straight month in April in terms of new shipbuilding orders, falling far short of orders won by Chinese rivals, industry data showed on May 14. In April, Ko...
Lotte Group, South Korea’s retail-to-chemicals conglomerate, has been accelerating its move to tap deeper into the United States, the world‘s largest economy, with its cumulative investments reaching...
KT&G, South Korea’s dominant tobacco company, said on May 9 its first-quarter net profit rose 11 percent from a year earlier on increased overseas sales. Net profit for the January-March quarter ...
Hanwha Chemical said May 8 its first-quarter net profit plunged 59 percent from a year earlier due to increased oil prices. Net profit for the January-March period fell to 120 billion won ($125 m...
Asiana Airlines said on May 7 it will streamline its international routes and stop operating first class cabins in September to cut costs ahead of its planned sales. The firm said it will suspend...
Jeju Air, South Korea’s biggest low-cost carrier by sales, on May 7 said that it posted a 14 percent on-year jump in first-quarter net profit on an expanded fleet and focus on Asian routes. Net p...
Hyundai Heavy Industries said on May 2 it swung to black in the first quarter of the year from a year earlier. Net profit reached 17.3 billion won ($14.8 million) in the January-March period on a...
Troubled carrier Asiana Airlines said on May 2 it has offered a voluntary retirement program in an effort to make itself more attractive ahead of its planned sale. The early retirement offer cove...
Huawei set to continue foldable hype with Mate X launch
Nasdaq-listed Cognex acquires S. Korean AI startup Sualab
Eastar Jet denies sale rumor
Himedi rides on ‘medical Hallyu’
Proptech startup Kasa snaps up W7b in series A funding
S. Korean telcos’ cable network M&A process drags on
CarrieSoft to raise W8.2b in 2nd IPO attempt
Ministry orders Medytox to scrap Meditoxin inventory for exports
October 21, 2019
