Chinese travel industry officials
Scope
Date
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Shipping & Shipbuilding
HD Hyundai Marine sets sights on LNG vessel retrofitting in Trump era
While the global shipbuilding industry was reeling from the economic slowdown in recent years, South Korea’s HD Hyundai Marine Solution Co., a...
Feb 05, 2025 (Gmt+09:00)
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Tech, Media & Telecom
South Korea’s alternative data pioneer KED Aicel in full force
South Korea’s leading alternative data service provider Hankyung Aicel Inc. is poised to transform companies' and investors’ business an...
Feb 03, 2025 (Gmt+09:00)
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Korean chipmakers
Magnachip, up for sale again, contacts Samsung, LG, LX
South Korean chipmaker Magnachip Semiconductor Corp. is on the market again four years after the US blocked a takeover by a Chinese private equity f...
Feb 02, 2025 (Gmt+09:00)
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Retail
Korean sportswear brand Fila thrives in China, boding well for 2025 profit
South Korean sportswear brand Fila Holdings Corp. posted a loss in the fourth quarter of last year, hit by the downturn in the apparel industry and ...
Jan 31, 2025 (Gmt+09:00)
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Electronics
LG Display unveils industry’s brightest OLED panel for AI TVs
LG Display Co., the world’s top organic light-emitting diode (OLED) panel maker, on Thursday unveiled a fourth-generation screen optimized for...
Jan 16, 2025 (Gmt+09:00)
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Corporate bonds
Korean petrochemical sector to sell corporate bonds amid downturn
South Korea’s petrochemical producers are set to issue corporate bonds to take advantage of ample liquidity at the beginning of the year amid ...
Jan 14, 2025 (Gmt+09:00)
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Steel
South Korea’s steel imports from China at 7-year high
South Korea’s imports of steel products from China climbed to their highest level in seven years despite a decrease in its total steel imports...
Jan 13, 2025 (Gmt+09:00)
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Automobiles
Hankook Tire gains edge over Chinese rivals under Trump tariffs
CLARKSVILLE, Tennessee -- Early this month at the Hankook Tire plant in Clarksville, construction workers were installing the steel framework of its...
Jan 13, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Macquarie kicks off sale of DIG Airgas estimated at over $3.4 billion
Macquarie Asset Management has embarked on a process to sell off its 100% stake in South Korea’s third-largest industrial gas producer DIG Air...
Jan 13, 2025 (Gmt+09:00)
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Automobiles
China's BYD enters S.Korean EV market
China’s electric vehicle (EV) giant BYD Co. officially debuts in the South Korean passenger car market on January 16. BYD's first-selling...
Jan 13, 2025 (Gmt+09:00)
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Earnings
LG Energy logs 1st quarterly loss in over 3 years, outlook remains gloomy
LG Energy Solution Ltd. reported its first quarterly loss in more than three years on Thursday, adding to concerns that the world’s third-larg...
Jan 09, 2025 (Gmt+09:00)
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Food & Beverage
Paris Baguette partners with Tottenham Hotspur
South Korean bakery brand Paris Baguette, operated by SPC Group, said on Wednesday it partnered with Premier League football club Tottenham Hotspu...
Jan 08, 2025 (Gmt+09:00)
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Tech, Media & Telecom
China's Xiaomi establishes S.Korean branch
China's IT giant Xiaomi has entered the South Korean market. Xiaomi said on Monday it established its South Korean branch, Xiaomi Korea, and wi...
Jan 07, 2025 (Gmt+09:00)
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Webtoons
S.Korea's webtoon industry sales surpasses $1.36 bn
South Korea's webtoon market size surpassed 2 trillion won ($1.36 billion) for the first time. The South Korean Ministry of Culture, Sports and...
Jan 03, 2025 (Gmt+09:00)
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Business & Politics
South Korea mulls visa waiver for Chinese group tourists
South Korea is considering temporary visa exemptions for Chinese group tourists to boost the domestic tourism sector, after being spooked by the bot...
Dec 26, 2024 (Gmt+09:00)
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Petrochemicals
Korea to ease rules for petrochem industry M&As, plant closures
South Korea will ease regulations and offer incentives to facilitate the restructuring of domestic petrochemical makers battling a global suppl...
Dec 24, 2024 (Gmt+09:00)
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Retail
S.Korean gov't to lift two-bottle limit on duty-free alcohol
South Korean government will lift the number restriction of duty-free alcohol bottles for inbound travelers and halve the patent fees to boost the d...
Dec 23, 2024 (Gmt+09:00)
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Economy
Foreign workers in S.Korea surpasses 1 million
The number of foreign workers in South Korea has broken past the 1 million mark.According to Statistics Korea on Tuesday, as of May, there were 1.56...
Dec 17, 2024 (Gmt+09:00)
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Automobiles
Hyundai, BAIC to inject $1.1 bn in China joint venture
Hyundai Motor Co. and its Chinese partner Beijing Motor Corp. (BAIC) will jointly invest $1.1 billion in their joint venture, which produces and sel...
Dec 13, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Hyosung TNC acquires Hyosung Chemical’s specialty gas unit for $642 mn
Hyosung TNC Corp., a South Korean textile and yarn maker, said on Thursday it will acquire the specialty gas division of Hyosung Chemical Corp. for ...
Dec 12, 2024 (Gmt+09:00)
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Bio & Pharma
SK Pharmteco bags obesity treatment deal worth up to $1.4 bn
SK Pharmteco Co., a contract development and manufacturing organization (CDMO), has secured an obesity treatment order worth up to 2 trillion won ($...
Dec 11, 2024 (Gmt+09:00)
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Energy
China’s Mingyang to foray into Korean wind turbine market with Unison
China’s Mingyang Smart Energy, one of the top five global wind turbine suppliers, is gearing up for its advance into South Korea’s wind ...
Dec 11, 2024 (Gmt+09:00)
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Korean games
Nexon to release The First Berserker: Khazan in China
South Korea’s online game developer Nexon Korea Corp. said on Monday it signed a deal with China's Tencent Games to publish its new action rol...
Dec 09, 2024 (Gmt+09:00)
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Electronics
Korean displays regain top spot with premium information tech OLEDs
South Korean display makers regained ground in the global organic light-emitting diode (OLED) panel market in the second quarter, elbowing out the p...
Dec 05, 2024 (Gmt+09:00)
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Korean stock market
Korean stocks diverge: Winners, losers of Yoon’s martial law debacle
South Korean stocks showed clear divergences on Wednesday amid a mixed market outlook as President Yoon Suk Yeol’s martial law declaration, re...
Dec 04, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia on course for record 2024 US sales, led by SUVs, hybrids
South Korea’s Hyundai Motor Co. and its sister firm Kia Corp. saw their US vehicle sales surge in November, driven by large SUVs, hybrids and ...
Dec 04, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Heavy delivers Aegis destroyer to S.Korean Navy
South Korea's HD Hyundai Heavy Industries Co. completed and delivered Jeongjo the Great, one of the world's top-tier Aegis destroyers, to the South ...
Nov 27, 2024 (Gmt+09:00)
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Travel & Leisure
S.Korean overseas card spending posts record $5.71 bn in Q3
With the increase in international travel during the summer, overseas card spending by South Korean residents reached a record high in the third qua...
Nov 26, 2024 (Gmt+09:00)
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Energy
LS Electric shares jump on $358mn HVDC transformer order news
LS Electric Co., a South Korean industrial energy facility and systems supplier, is expected to sign a 500 billion won ($358 million) deal with a GE...
Nov 25, 2024 (Gmt+09:00)
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Corporate restructuring
S.Korea to restructure ailing petrochemical industry
South Korea plans to restructure the struggling domestic petrochemical industry amid intensifying competition with Chinese rivals and oversupply by ...
Nov 21, 2024 (Gmt+09:00)
Latest News
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- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand