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[ THE INVESTOR ] South Korea’s state-run creditors of cash-strapped Daewoo Shipbuilding & Marine Engineering have decided to offer fresh capital injection of 2.9 trillion won (US$2.59 billion) t...
[ THE INVESTOR ] Korea’s large conglomerates, many of which have been embroiled in a massive corruption scandal that has led to the impeachment of President Park Geun-hye, are now worried about a f...
[ THE INVESTOR ] South Korean steelmaker Posco and US oil giant Exxon Mobil have agreed to mass produce and supply slurry pipes made of high steel manganese steel, the company said on March 22. ...
[ THE INVESTOR ] Duty-free operators and air carriers in Korea are seeking out ways to increases sales among tourists from countries other than China, as Beijing’s travel ban is expected to cut dee...
[ THE INVESTOR ] POSCO , South Korea’s leading steelmaker, said that its specialty steel jointly developed with Exxon Mobil will be supplied for the production of the US based oil company’s slurr...
[ THE INVESTOR ] Cho Hwan-Eik, CEO of the state-owned Korea Electric Power Corp. , said on March 21 the company is considering a stake in a Toshiba-led nuclear plant project in the UK. “Once (Nu...
[ THE INVESTOR ] Soaring 555 meters into the sky in southern Seoul, Lotte World Tower is a behemoth of a building filled with everything from high-end offices to serviced residences and an observat...
[ THE INVESTOR ] Hanwha has won a US$1.3 billion order to build the largest solar energy plant in Turkey, according to news reports on March 21. Hanwha Q Cells’ solar power plant in Burdur, Turk...
[ THE INVESTOR ] Stocks of Doosan Infracore shares traded at a yearly high on March 21 on expectations of improved business performance. Doosan Infracore was changing hands at 10,100 won (US$9) ...
[ THE INVESTOR ] South Korea’s chief financial regulator said on March 21 that stakeholders of Daewoo Shipbuilding & Marine Engineering should shoulder losses, a precondition for another round of...
[ THE INVESTOR ] Calls are rising for the government to redouble efforts to bring home Korean manufacturers’ overseas production as a way to help reduce the country’s soaring unemployment. Only...
[ THE INVESTOR ] When Suh Kyung-bae , Amorepacific Group chairman, inherited the family business 20 years ago, the cosmetic firm was teetering on low demand and financial rigidity. Not only...
[ THE INVESTOR ] POSCO has decided to return public land in Odisha state, India, possibly moving to finally withdraw its plans to build a steel mill there after 12 years of failed talks, accordin...
[ THE INVESTOR ] An annual gathering of carmakers, business leaders and experts on electric cars kicked off its six-day run in the nation’s southern resort island of Jeju on March 16, testing the f...
[ THE INVESTOR ] LG Hausys has won an award in recognition of the technological innovation of its roof rack material at the JEC World 2017 in Paris, it said on March 16. The roof rack is a tool ...
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