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[THE INVESTOR] Sungjoo Group founder Kim Sung-joo has resigned as CEO of accessories brand MCM, according to news reports on June 26. Kim quit the position to focus on MCM’s further expansion in ov...
[THE INVESTOR] Citibank Korea’s consumer banking head Brendan Carney who has been leading its plans to shut down 80 percent local branches will extend his tenure possibly for another one year, accord...
[ THE INVESTOR ] Korea’s six conglomerates are still relying heavily on cross-shareholding to strengthen their owner families’ control over the affiliates, a report by chaebol business tracker show...
[THE INVESTOR] Allianz Life Insurance Korea, a Korean insurer acquired by Anbang Group late last year, is announcing a new CEO this week amid growing uncertainties surrounding the Chinese owner, ind...
[THE INVESTOR] Chey Yun-jeong, eldest daughter of SK Group Chairman Chey Tae-won , has started working at SK Biopharmaceutical as an assistant manager, according to news reports on June 23. The...
[THE INVESTOR] Lotte Group Chairman Shin Dong-bin who has a strong network in Japan has become a white knight for SK hynix’s successful bid to acquire stake in Toshiba’s chip business, Asia Busin...
[ THE INVESTOR ] The combined value of stocks owned by Korea’s 100 richest stockholders has jumped 21.3 percent, industry data showed on June 22. The benchmark KOSPI gained 16.3 percent to 2,357.5...
[ THE INVESTOR ] Nearly one in three subsidiaries of Korea’s top 10 conglomerates depend on internal transactions for more than half of their sales, a market tracker said June 19. Chaebul.com said...
[ THE INVESTOR ] The founder retail giant Lotte Group is expected to lose his seat in the boardroom of a crucial affiliate, media reports said on June 15. The board of directors of Tokyo-based L...
[THE INVESTOR] Korean Air Lines announced on June 15 that its president and CEO Cho Won-tae will resign from all posts at its five affiliates, to promote the company’s “transparency and management ...
[ THE INVESTOR ] Six builders newly made the list of Korea’s top 500 companies by sales in 2016, with Samsung Electronics retaining its No. 1 spot, a corporate tracker said on June 14. With sale...
[THE INVESTOR] Hyundai Motor Group Vice Chairman and heir apparent Chung Eui-sun on June 13 ruled out possibility of buying other carmakers to broaden its brand portfolio, hinting at more partnersh...
[THE INVESTOR] Hyundai Motor has hired Simon Loasby, head designer of Volkswagen Group China, to lead its design team in China, the company said on June 6. Loasby will become the head of Hyundai ...
[THE INVESTOR] Samsung C&T on May 31 denied allegations that it paid for Samsung Electronics Chairman Lee Kun-hee’s residence renovations. It follows a Hankyeoreh report claiming that a firm tha...
[ THE INVESTOR ] The head of Lotte Group promised on May 25 that he will expand hiring down the road, in a step with the new government‘s key policy initiative to create more jobs to tackle alarm...
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 26, 2018
