Com2uS, one of Korea’s largest mobile game developers, announced on September 17 that it released as a free version “Zombie Runaway UP,” a casual game for smartphones, at Google Play Store. Zom...
2012-09-19 11:49
LG Electronics held a launching event for its brand-new smartphone Optimus G at the Grand Hilton Convention Center in Seoul, Korea, on September 18. LG Electronics made group-wide efforts to re...
2012-09-19 08:54E-Land Group, Korea's mid-sized conglomerate with businesses from fashion apparel to retail, hotels, and construction, is reported to be in talks to acquire Lafuma Group of France. According to Fr...
2012-09-19 03:40Ssangyong Engineering & Construction, Korea's No. 13 construction contractor, will retire up to 16 senior-level executives and cut 30 percent of its payroll (about 350 employees) by the yearend. Th...
2012-09-19 03:26A detailed plan to transform the National Agricultural Cooperative Federation into a specialized sales organization for farm goods has been confirmed. According to the plan, the government will inv...
2012-09-19 03:13The government will raise the cash support limit to 40 percent to current 30 percent for foreign companies establishing R&D centers in Korea. The Ministry of Knowledge Economy held the third foreig...
2012-09-19 03:01
A consortium of Korean construction contractors won a 1-trillion-won project to build an underground cable tunnel for Singapore Power Ltd. According to construction industry sources on September 18...
2012-09-19 02:43The Korea Deposit Insurance Corp. is set to sell off a 24.75-percent stake in Korealife. The 5.02-percent shares held by KEPCO may be sold in small blocks. On September 18, the subcommittee on asse...
2012-09-19 02:21The Korea Finance Corp. said on September 18 that it raised US$300 million from the bond market at rates lower than any other Korean bond issuing entities. The deal was priced at 101.432 percent wi...
2012-09-19 02:00Major global financial events are taking shape. QE3 is official. The ECB’s monetary policy, a German court ruling on ESM and the US FOMC meeting add to up global stimulus. The series of events in S...
2012-09-18 18:25Global drug makers’ API outsourcing to give leading Korean API exporters an early lead in the niche market The export of active pharmaceutical ingredients (API) has become a hot topic in the m...
2012-09-18 18:13Nuclear waste disposal issue to make it hard to add nuclear reactors When Buan county (North Jeolla province) was proposed as a radioactive waste disposal site in Jul 2003, residents who were o...
2012-09-18 18:08Will QE3 keep pushing yields up? Probably not Week in review: Unexpected rate freeze catalyzes correction Korea’s bond yields started lower last week after the US employment indicators turne...
2012-09-18 18:04Samsung Electronics released a brand new high-end vacuum cleaner “L9000,” targeting the premium cleaner market now dominated by European brands such as Millet, Dyson, and Electrolux. The L9000 ...
2012-09-18 08:55
Kia Motors rolled out a brand-new sub-compact sedan K3. Starting with domestic sales from this month, Kia Motors plans to market the K3 throughout the world, including the U.S. and China from nex...
2012-09-18 08:54
KTB Asset Management Co. Ltd. has invested $90 million in a mezzanine debt on InterContinental Boston, participating in a $265 million refinancing package of which French bank Natixis underwrote a senior debt. The investment with a 10-year term was made&hellip
HNA Group has sold a Minneapolis office tower to Samsung SRA Asset Management Co. Ltd. for $320 million and is now tapping South Korean institutional investors to sell a Silicon Valley office building, according to media reports. The debt-ridden Chinese conglomerate&hellip
The Blackstone Group and Temasek-backed Mapletree Investments are competing with South Korean asset managers and brokerage firms in the auction for Samsung C&T Corporation’s office building in Seoul, which is expected to fetch up to 787 billion won ($730 million)&hellip
