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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...
Korean Air said on May 1 it will start reducing first class cabins on some international routes next month in a move to operate routes effectively and boost profitability. Airlines traditionally ...
Dividends paid by local listed firms grew from a year earlier last year, with their average dividend payout ratio also rising, industry data showed on April 29. The total amount paid by 753 local...
The combined operating profit of listed firms is estimated to have nearly halved in the first quarter, mainly due to a slump by chipmakers and other market behemoths, data showed on April 29. Acc...
[From the Scene] Galaxy S20, Z Flip attract aspiring tech leaders in Silicon Valley
FTC to report Naver chairman to prosecutors for violating antitrust laws
Woori Bank merges two Cambodian subsidiaries
LG Chem gets default win in US ITC suit after SK Innovation’s contempt of court
Why investor Jim Rogers remains optimistic about inter-Korean business
Experts propose senior playgrounds
Coway rebrands under Netmarble
Hanjin KAL decides to give board of directors right to pick chairman
February 17, 2020
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