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Mergers & AcquisitionsKorea Zinc teams up with brokerage firm to counter MBK
Korea Zinc Inc. Chair Choi Yun-birm has joined hands with a major local securities firm in a counterattack against MBK Partners ...
Sep 19, 2024 (Gmt+09:00)
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Corporate strategyHyundai Motor cuts 2030 sales goals as EV chasm likely protracted
South Korean top automaker Hyundai Motor Co. has slashed its long-term vehicle sales targets by 6% as it prepares for aggressive...
Sep 19, 2024 (Gmt+09:00)
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Shipping & ShipbuildingHanwha Ocean obtains AIP for liquefied hydrogen carrier
South Korea's Hanwha Ocean Co. said on Thursday that it obtained approval in principle (AIP) for an 80,000 cubic meter-class ele...
Sep 19, 2024 (Gmt+09:00)
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Tech, Media & TelecomS.Koreans log most hours on YouTube worldwide
YouTube was the most popular app among South Korean smartphone users, a study found, logging the most hours on the video streami...
Sep 19, 2024 (Gmt+09:00)
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Mergers & AcquisitionsMBK not to sell Korea Zinc to China after tender offer
MBK Partners Ltd. does not plan to sell Korea Zinc Inc., the world’s largest zinc and lead smelter, to China if MBK's take...
Sep 19, 2024 (Gmt+09:00)
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ElectronicsLG Elec, Ricoh to team up for B2B DX business
LG Electronics Inc. said on Thursday that it signed a memorandum of understanding (MOU) with global office solutions company Ric...
Sep 19, 2024 (Gmt+09:00)
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EnergyTaihan Cable enters HVDC market in US
South Korea's Taihan Cable & Solution Co. said on Thursday that it was selected as the cable supplier for a 320kV voltage-ty...
Sep 19, 2024 (Gmt+09:00)
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Korean stock marketMirae Asset named as Best Securities House in S.Korea by Euromoney
Mirae Asset Securities announced on Thursday that it has been named “Best Securities House in South Korea” at the Eu...
Sep 19, 2024 (Gmt+09:00)
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Korean chipmakersSK Hynix shares nosedive after Morgan Stanley downgrade
The share price of SK Hynix Inc. plummeted as much as 11% at one point on Thursday after Morgan Stanley sharply cut its target p...
Sep 19, 2024 (Gmt+09:00)
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Banking & FinanceWoori Financial launches $75 mn PF restructuring support fund
South Korea's Woori Financial Group has launched a 100 billion won ($74.96 million) project financing (PF) restructuring support...
Sep 19, 2024 (Gmt+09:00)
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Korean stock marketSouth Korean investors bet big on ETFs tracking Indian equities
India has emerged as a new darling for South Korean investors actively searching for an alternative to China reeling from multip...
Sep 19, 2024 (Gmt+09:00)
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ElectronicsSamsung tops US consumer TV satisfaction study
Samsung Electronics Co. ranked as the top TV brand for consumer satisfaction in the US, according to the 2024 American Customer ...
Sep 19, 2024 (Gmt+09:00)
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ESGSK Enmove gets gold rating of EcoVadis ESG evaluation
South Korea’s lube oil maker SK Enmove Co., Korea’s top oil refiner SK Innovation Co.'s subsidiary, said on Thursday...
Sep 19, 2024 (Gmt+09:00)