-
AutomobilesEasing car delivery crunch: Boon or bane for Hyundai, Kia?
Just like its global peers, Hyundai Motor Co. and Kia Corp. have suffered from the chip shortage that bogged down the entire aut...
Jul 06, 2022 (Gmt+09:00)
-
ConstructionHyundai E&C, Samsung Eng. partner with Saudi Aramco
South Korea’s Hyundai Engineering & Construction (Hyundai E&C) Co. and Samsung Engineering Co. were selected as of...
Jul 06, 2022 (Gmt+09:00)
-
Private equitySmall S.Korean PE firms flex muscle during pandemic
Private equity firms registered in South Korea enjoyed a 20% jump in their accumulated commitments in 2021 as a whole, led by sm...
Jul 06, 2022 (Gmt+09:00)
-
EconomyKorea faces risk from record $114 bn in inventory assets
South Korea’s major listed companies held record inventory assets as they piled up raw materials to deal with the global s...
Jul 06, 2022 (Gmt+09:00)
-
Korean chipmakersLG Innotek to invest $1.1 bn to ramp up substrate, camera module output
South Korea’s LG Innotek Co. said on Wednesday it will invest 1.4 trillion won ($1.1 billion) in expanding facilities for ...
Jul 06, 2022 (Gmt+09:00)
-
Korean startupsKT injects $23 mn into fabless startup Rebellions
South Korean fabless startup Rebellions Inc. received a 30 billion won ($23 million) extension to its Series A funding from tele...
Jul 06, 2022 (Gmt+09:00)
-
K-popYG's share price surges 6.3% on news of Blackpink’s album release, concert
Shares of major K-pop label YG Entertainment Inc. finished Wednesday's trade 6% higher at 48,950 won ($37.52) a share, on news o...
Jul 06, 2022 (Gmt+09:00)
-
Korean foodCJ CheilJedang to rev up Korean food sales in Europe
South Korean food giant CJ CheilJedang Corp. is set to accelerate the expansion of its Korean food business in Europe. It aims t...
Jul 06, 2022 (Gmt+09:00)
-
AutomobilesSamsung wins multi-billion-dollar camera module deal from Tesla
Samsung Electro-Mechanics Co., the electronic components unit of Samsung Group, has won a multi-billion-dollar deal to supply ca...
Jul 06, 2022 (Gmt+09:00)
-
AutomobilesSsangyong to raise Torres SUV output for turnaround
South Korea’s Ssangyong Motor Co. will ramp up the production of its new sport utility vehicle to meet strong demand, hopi...
Jul 06, 2022 (Gmt+09:00)
-
SteelPOSCO sees battery materials sales double by 2030
South Korea’s POSCO Holdings Inc. expects sales of its rechargeable battery materials to more than double to 41 trillion w...
Jul 06, 2022 (Gmt+09:00)
-
Tech, Media & TelecomGoogle stops KakaoTalk updates over violation of external payment policy
Alphabet Inc.’s Google has halted updates to Kakao Corp.'s KakaoTalk, South Korea's most popular messaging app. An em...
Jul 06, 2022 (Gmt+09:00)
-
Business & PoliticsBiden and leaders of Japan and South Korea pledge greater cooperation
President Biden met with the heads of Japan and South Korea—the first such gathering between the three countries’ le...
Jul 06, 2022 (Gmt+09:00)
-
Private debtInvestors may see tough credit cycle in direct lending: TCW Private Credit
As economic uncertainties grow amid rate hikes and inflation, South Korean institutional investors are eyeing direct lending for...
Jul 06, 2022 (Gmt+09:00)