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WealthCOVID-19 shakes up Korea’s list of richest stock owners
The COVID-19 pandemic has shaken up the list of Korea’s richest people in terms of stocks held. Among the 20 richest share...
Jul 23, 2021 (Gmt+09:00)
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AutomobilesHyundai Honorary Chairman Chung inducted into Automotive Hall of Fame
Hyundai Motor Group Honorary Chairman Chung Mong-koo was inducted into the Automotive Hall of Fame (AHF) on Thursday, acknowledg...
Jul 23, 2021 (Gmt+09:00)
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Mergers & AcquisitionsGS Energy to sell half of thermal power plant unit to IMM
GS Energy Corp., an intermediate holding company of South Korea's GS Group, is in the final stages of talks to sell a 50% stake ...
Jul 23, 2021 (Gmt+09:00)
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MachineryKorea’s heavy machinery makers continue strong performance in Q2
Korean construction and heavy equipment manufacturers have posted strong results in the second quarter, maintaining the trend of...
Jul 23, 2021 (Gmt+09:00)
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AutomobilesSurging global used car demand brightens Hankook Tire outlook
The global tire industry is enjoying a boom driven by fast-growing used car demand in the world. Hankook Tire & Technology i...
Jul 23, 2021 (Gmt+09:00)
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E-commerce platform TMON delays IPO plans
South Korea’s e-commerce platform TMON Inc., majority-owned by KKR & Co. and Anchor Equity Partners, will postpone its...
Jul 23, 2021 (Gmt+09:00)
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Mergers & AcquisitionsBid for botox maker Hugel to kick off in late July, attracts PEFs
The bid to acquire a controlling stake in Hugel Inc., South Korea’s leading maker of botulinum toxin, more commonly known ...
Jul 23, 2021 (Gmt+09:00)
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Real estateKorean housing prices soar to $5 tn in Moon admin with record growth
South Korean house prices have risen more during the President Moon Jae-in administration than any other as the current governme...
Jul 23, 2021 (Gmt+09:00)
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EconomyChina, S.Korea top BofA's emerging markets list
South Korea was picked as one of the two most attractive emerging markets along with China thanks to the country's fast digitiza...
Jul 23, 2021 (Gmt+09:00)