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K-pop powerhouse YG Entertainment’s stock price plunged following a major scandal that broke last month involving its boy band Big Bang member Lee Seung-hyun, who is better known as Seungri. Execu...
Korean retail giant Shinsegae Group said on March 5 it will introduce electronic voting at this year’s shareholder meetings for its seven listed firms to help boost shareholder interests. The sev...
South Korea logged a record-high balance of payments surplus for Hallyu-related products and services last year, owing to the global success of Korea-made video games and K-pop, statistics from the B...
Korean retail giant Lotte Group’s hypermarket brand announced on Feb. 26 that it has opened a new store in Vietnam at Cau Giay district in Hanoi. The 2,776 square meter sized Cau Giay Lotte Mart bra...
Shinsegae Group, the operator of Korea’s biggest discount store chain E-mart, said on Feb. 26 that it will integrate its online shopping mall operations into SSG.COM from next month to boost sales. ...
At the outset, it looks like ordinary tteok. A bite into the Korean rice cake immediately brings a surprise, as where one might expect sweet red bean paste, you find a dizzyingly sweet filling of cho...
Hanjin Group’s move to accept some proposals of activist shareholders appears to be lifting market confidence. It has announced a series of measures to improve its business and management -- a move ...
One of Korea’s oldest iconic footwear maker Hwaseung has filed for court receivership at Seoul Bankruptcy Court, according to industry sources on Feb. 7. The court on Feb. 1 ordered the automatic st...
[THE INVESTOR] Lotte Confectionery said on Feb. 1 that it has acquired Myanmar’s bakery firm L&M Mayson. The Lotte Group subsidiary has bought 80 percent stake in the company for 77 billion won (US...
[THE INVESTOR] Korean cosmetics startup Memebox announced on Jan. 25 that it has secured series D funding worth US$35 million from Johnson & Johnson Development Corp., venture capital unit of the mu...
[THE INVESTOR] The Face Shop, a wholly owned cosmetics unit of LG Household & Health Care, has signed a deal to acquire a plant in China from Avon Products for 79.3 billion won (US$70.56 million), i...
[THE INVESTOR] Korean massage chair maker Bodyfriend on Jan. 7 launched a new model HighKey, which mainly targets 8 to 19 year old kids who are around 120 to 170 centimeters tall. “We aim to sell 1...
[THE INVESTOR] Korean e-commerce company Coupang said on Jan. 4 that it had become an authorized online reseller of Apple products. Apple products such as the iPad Pro, new MacBook models and the A...
[THE INVESTOR] More than 60 percent of outlets operated by two leading fast food restaurants, McDonald’s and Lotteria, have electronic kiosks, industry officials said on Jan. 3. A total of 825 o...
[THE INVESTOR] Cash-strapped E-Land Group has redeemed all its loans from Anchor Equity Partners and Meritz Financial Group, according to industry sources on Jan. 2. Anchor Equity Partners had esta...
Doosan Heavy to delist Doosan E&C by March 2020
WeWork Labs announces achievements in South Korea in 2019
Deadline extended for Asiana Airlines stake transfer
Techstars Korea to accept applications for 1st batch through March 2020
Celltrion presents Truxima’s results of phase 3 clinical trials in US forum
LG Chem, GM deal ups ante in EV battery competition
Power market open to private firms, price hike needed for green energy expansion
Foreign investors’ bond holdings hit 6-month low
December 13, 2019
