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The Korea Herald

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Homeplus’ financial crunch explained in 2 minutes

Homeplus’ financial crunch explained in 2 minutes

The Seoul Bankruptcy Court approved South Korea's No. 2 supermarket chain Homeplus' corporate rehabilitation request just 11 hours after filing on March 4. The company called it a preemptive move to m

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Trump threatens 200% wine tariff if EU does not remove whiskey tariff

US President Donald Trump said on Thursday that he would put a 200 percent wine tariff on all wines and other alcoholic products coming out of the European Union if the bloc did not remove its tariff
Tech

Kakao’s Daum spin-off: Strategy for growth or path to sale?

South Korean internet giant Kakao is spinning off Daum, its in-house independent company that operates the country’s second-largest portal site, reigniting speculation about a potential sale of the se
Companies

Doosan Enerbility scores W2.2tr power plant contract in Saudi Arabia

Doosan Enerbility has signed a 2.2 trillion won ($1.5 billion) contract to build two combined cycle power plants in Saudi Arabia, the Korean heavy industry manufacturer said Thursday. According to Doo
Companies

Hyundai Mobis unveils new vision to drive future mobility innovation

Auto parts-maker targets 8% annual growth by 2027, vows to diversify clientele beyond Hyundai, Kia Korea’s leading manufacturer of auto parts, Hyundai Mobis has unveiled its new corporate vision as “L
Markets

Korean firms revamp US lobbying strategies as Trump's tariff threats grow

Samsung in search of lobbying experts with strong ties to Trump With US President Donald Trump escalating threats of tariffs and trade restrictions, South Korean conglomerates are rushing to revamp th
Companies

MBK in tight spot over Homeplus rehabilitation

MBK Partners, one of Asia’s largest private equity firms, is under intense scrutiny for its decision to place Homeplus, Korea’s second-largest hypermarket chain, under corporate rehabilitation with in
Markets

K-Nvidia: Bold vision or political misstep?

Opposition leader’s state-owned tech proposal faces reality check South Korean opposition leader Lee Jae-myung’s recent proposal to establish a big tech company akin to Nvidia, but one that is state-b
Tech

LG weighs response to Trump's proposed TV tariffs

LG Electronics is grappling with anticipated tariffs from the administration of US President Donald Trump on imported televisions. However, building a new manufacturing facility in the US immediately
Markets

Convenience stores propel K-food’s global reach

Top two chains CU, GS25 target $10 million in exports this year South Korea’s convenience store chains, led by industry frontrunners CU and GS25, are making bigger waves globally, riding the K-food bo
Companies

LS Eco Energy supplies power cables for Philippines’ largest data center

LS Eco Energy, a Vietnam-based cable manufacturer under Korea’s LS Cable & System, announced Monday that its Vietnamese subsidiary, LS-VINA, has supplied medium- and low-voltage power cables for STT F
Companies

Korean hangover cures ride global wellness wave

Once a niche market catering primarily to the country's binge-drinking culture, Korean hangover remedies are now gaining global traction, amid rising demand for functional wellness products. According
Markets

Foreign investors exit Korean stocks. Will short selling bring them back?

Analyst warns against overestimating short selling’s influence, pointing to foreign investors' broader risk assessments Amid foreign investors' months-long selling streak of Korean stocks, market watc
Companies

Safe exit over rehabilitation? Homeplus puts MBK to tough test

Supermarket chain's credit woes raise doubts over MBK's hostile takeover of Korea Zinc MBK Partners, one of the largest private equity firms in Asia, is facing backlash over its incompetence to operat
Companies

Kia EV3 sweeps award in the UK Car of the Year 2025

South Korea's second-largest carmaker Kia said the EV3, its small electrified SUV, has been crowned UK Car of the Year 2025. The UK Car of the Year Awards is an independent accolade judged by a panel
Companies

Move over, Tesla: Hyundai strengthens autonomous driving capabilities in US

Hyundai Motor is ramping up its autonomous driving capabilities in the United States, partnering with Texas-based startup Avride to co-develop and operate fully self-driving vehicles. According to Avr
Markets

US politicians voice worries over MBK's takeover of Korea Zinc

US House of Representatives members and other political figures have expressed concerns over private equity firm MBK Partners' attempt to acquire Korea Zinc, the world's largest zinc smelter, arguing

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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