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[THE INVESTOR] Moody’s Investors Service on June 21 raised POSCO’s rating to Baa1 from Baa2 with a stable outlook as its financial status is expected to improve in coming years. “The upgrade ref...
[THE INVESTOR] The head of Jin Air has quit over allegations that he forced a pilot to go ahead with a flight last year despite an engine problem. The budget carrier unit of Korean Air said th...
[THE INVESTOR] A Seoul court is set to arraign the wife of Korean Air’s chairman on June 20 to determine whether to issue an arrest warrant prosecutors requested for her on charges of illegally hiri...
[THE INVESTOR] LS Cable & System said on June 18 it has decided to establish a joint venture in Indonesia to tap deeper into the large Southeast Asian country’s market. Under the agreement with ...
[THE INVESTOR] Philip Morris Korea said on June 18 that switching to its heat-not-burn device IQOS reduces health risks compared with continued smoking, citing its six-month clinical study amid cont...
[THE INVESETOR] More than 160 units of Korea‘s major conglomerates suffer from capital erosion due to continued losses, a corporate tracker said June 17. A total of 162 companies belonging to the c...
[THE INVESTOR] The US unit of Korean steelmaker SeAH has asked Washington for a waiver from Section 232 tariffs on imports of steel and aluminum, citing the need to import product to meet market dem...
[THE INVESTOR] The number of candidates vying to be the next chief of Korean steel giant POSCO has narrowed down to six candidates, the firm said on June 15, amid ongoing criticism on the selectio...
[THE INVESTOR] Korean construction firm SK Engineering & Construction said on June 15 that it has signed a letter of intent with the Philippine government to build two coal-fired power plants. S...
[THE INVESTOR] The operating profit margin of Korean companies hit a record high in the first three months of the year on the back of brisk sales of semiconductors, central bank data showed on June ...
[THE INVESTOR] Korea’s leading media and content company CJ E&M said on June 15 it will produce 4,000 original digital programs a year in the future as people increasingly turn to smart devices for ...
[THE INVESTOR] The government plans to end its exclusive flight contracts with the country’s two flag carriers -- Korean Air and Asiana Airlines -- this year, to allow its employees to use other air...
[THE INVESTOR] Korea’s overseas direct investment plunged in the first quarter from a year earlier due to a base effect, government data showed on June 12. Investments made by Korean companies i...
[THE INVESTOR] Korean mid-sized conglomerate Dayou Group said on June 12 it has signed a deal to sell its electronic arm’s research center as it moves to normalize the affiliate it took over earlier...
[THE INVESTOR] Lotte Property & Development confirmed that it is considering filing a lawsuit against Otis Elevator due to losses caused by malfunctions at its landmark building in southeastern Seou...
L-Tree applies biometric technology to blockchain
Market Kurly operator secures W67b investment
Samsung's cooktops get high scores from U.S. Consumer Report
Two Samsung Group affiliates sell stake in Samsung C&T
KT ties up with firm behind Apple’s Siri for car infotainment systems
Samsung unveils triple-lens smartphone Galaxy A7
Parliament passes bill easing regulations on internet-only banks
Hanon Systems to acquire Magna’s fluid pressure and controls biz
September 27, 2018
