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BatteriesKorea Zinc to ditch low-key strategy to go beyond metal
South Korea's two non-ferrous metal product leaders Korea Zinc Inc. and Poongsan Corp. are tipped to report their record earning...
Jan 06, 2022 (Gmt+09:00)
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Fraud scandalsInvestors prepare loss claim for Osstem's fraud case
Minority investors are preparing to file a class-action lawsuit against Osstem Implant Co., which on Monday revealed itself the ...
Jan 06, 2022 (Gmt+09:00)
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Foreign exchangeKorean won touches 18-month low as Fed may raise rates sooner
South Korea’s won currency hit a 1-1/2-year low as the US Federal Reserve signaled the central bank may raise interest rat...
Jan 06, 2022 (Gmt+09:00)
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ConstructionDubai sovereign fund injects $52 mn in debt-laden Ssangyong E&C
Ssangyong Engineering & Construction Co. has raised 62.1 billion won ($51.6 million) in a rights issue from its largest shar...
Jan 06, 2022 (Gmt+09:00)
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ElectronicsSamsung CEO: M&A deals in offing, to expand MicroLED TV facilities
LAS VEGAS – Samsung Electronics Co. is working on multiple M&A deals, which it could announce in the near future, as t...
Jan 06, 2022 (Gmt+09:00)
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Korean gamesNexon invests $400 mn in Avengers directors' film company
Online game developer Nexon Co. has completed a $400 million investment in AGBO, a US entertainment company founded by Avengers ...
Jan 06, 2022 (Gmt+09:00)
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Private equityCarlyle buys $510 mn stake in Hyundai Glovis
US private equity juggernaut The Carlyle Group Inc. has bought a 10% stake in Hyundai Glovis Co., worth approximately 611 billio...
Jan 06, 2022 (Gmt+09:00)
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ElectronicsSamsung Electronics to open its eco-friendly tech to competitors
LAS VEGAS – Samsung Electronics Co. has announced that it will make its eco-friendly technologies openly available to its ...
Jan 06, 2022 (Gmt+09:00)
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AutomobilesHyundai Motor beats Honda in US for the first time in its 35 years there
South Korea’s top automaker Hyundai Motor Group beat Japanese rival Honda Motor Co. in the US last year, for the first tim...
Jan 06, 2022 (Gmt+09:00)