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Incheon International Airport Corp. said on Aug.18 it has signed a memorandum of understanding with Indonesia’s state-run airport operator Angkasa Pura I for cooperation in overseas airport projects....
Delta Air Lines said on Aug. 1 it has increased its stake in Hanjin KAL, the parent company of Korean Air, in what it called a just investment. In a report to the bourse operator, the Korea Excha...
Samsung C&T, a construction affiliate of Samsung Group, has been named the top builder in South Korea for six straight years in terms of building capacity, data showed July 29. The company took t...
SONGDO, Incheon – As vehicles increasingly shift from gasoline to electric power, attention is turning to whether lighter materials such as carbon fiber reinforced polymers and aluminum will replace ...
Hyundai Motor Group’s logistics arm Hyundai Glovis is widening its overseas presence by opening its first Southeast Asian office in Vietnam. Hyundai Glovis Vietnam, which was launched on July 25, wi...
Doosan Corp., the holding company of Doosan Group, said on July 24 the construction of its battery cooper foil plant in Hungary has officially begun. Doosan held a groundbreaking ceremony for the...
Posco said on July 23 that its second-quarter net profit increased mainly due to the robust performance of its affiliates. Net profit reached 681.4 billion won ($577 million) in the April-June pe...
Hyundai Heavy Industries, South Korea’s largest shipbuilder, will file a suit for damages this week against its labor union over disruptive action at the company‘s shareholders meeting in May and ill...
South Korea is sparing no efforts to persuade the international community this week to help press Japan withdraw its export restrictions on high-tech materials and impugn Tokyo’s reasoning behind its...
Doosan Corp., a major fuel cell power systems developer in South Korea, said on July 16 it has signed an agreement with British fuel cell technology firm Ceres Power to co-develop a solid oxide fuel ...
Lotte Chemical said on July 15 it will establish a petrochemical joint venture with GS Energy. The two companies signed an agreement to form a JV, tentatively named Lotte-GS Chemical Co., this ye...
Posco International, the trade and resources development arm of Posco, said on July 14 it sent some 30 executives and employees to Papua, Indonesia, for medical volunteer work. Together with 30 medi...
Samsung Heavy Industries said on July 11 that it has clinched a deal worth 147 billion won ($124 million) to build two crude carriers. Under the deal with a Panamanian shipping firm, Samsung Heav...
Doosan Infracore said on July 11 it has opened an engine training center in Vietnam to expand its presence in the Southeast Asian market. The center in Ho Chi Minh will provide services, includin...
Samsung Heavy Industries said on July 11 it will build a research and development facility to boost its competitiveness in technologies related to liquefied natural gas. The shipbuilder said it h...
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
