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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...
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...
LG Chem said on April 9 that it has raised $1.56 billion by selling debts overseas to finance the expansion of its production facility. The company said demand for the debt amounted to $10.5 bill...
Doosan Infracore said on April 9 that it has showcased a 5G remote controllable excavator at an international trade fair in Germany. The excavator in Incheon, west of Seoul, South Korea was succe...
Korean Air Chairman Cho Yang-ho has died from a chronic disease in the United States, the company said on April 8, just weeks after he was removed from the carrier’s board. The company said Cho p...
SK Innovation, a latecomer to the electric vehicle battery market, joined the ranks of the world’s top 10 players in terms of sales, industry data showed on April 4. According to the data by SNE ...
The net profit of South Korean firms listed on the country’s main stock exchange fell 6.72 percent last year, the bourse operator said on April 3. The combined net profit of 540 Kospi-listed comp...
South Korea’s major shipyards are expected to report an improvement in their earnings for the first quarter of the year, with Daewoo Shipbuilding & Marine Engineering likely to continue to deliver a ...
SK Innovation has signed a deal to secure a key material used for high-capacity electric vehicle batteries, industry sources said on April 2. According to the sources, SK Innovation has signed th...
The number of shareholders using electronic voting during this year’s general meetings nearly tripled from the previous year, data showed on April 2. Around 106,000 shareholders signed on to use ...
It might be too early to declare that the electric vehicle battery sector, especially lithium-ion, is South Korea’s new growth engine -- on par with semiconductors that propelled the economy forward ...
Despite the voluntary departure of the Kumho Asiana chairman last week, the main creditors of the conglomerate, which owns South Korea’s second-largest air carrier Asiana Airlines, have demanded that...
A continued oversupply of global steel products and growing protectionism around the world are weighing on South Korean steelmakers already struggling to find fresh growth engines for the future. Gl...
Samsung Display CEO confirms QD-OLED plan
KT launches epidemic prevention app in Ghana
Signs of global recession haunt S. Korean economy
SKT ‘opens virtual zoo’ in Seoul
Han Sung Motor revenue triples under Ausprung leadership
Incheon Airport expands overseas business portfolio
Can LG smart fridge actually tweet?
WeMade turns profitable, share price jumps
August 18, 2019
