The 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 08:54Samsung Electronics garnered a greenlight from the Korean Fair Trade Commission (FTC) for its launch into the mobile phone wireless telecommunications chip market. FTC announced on September 17...
2012-09-18 08:53
“Tiny Farm,” a social network game (SNG) for smartphones, joined the 10-million download club. Com2uS announced on September 17 that its mobile SNG Tiny Farm broke the level of 10 million in cumula...
2012-09-18 08:49
LG Electronics announced on September 17 that it will release its 4G LTE smartphone “Optimus True HD LTE” in the Middle East starting from Saudi Arabia this week. A company official said, “By...
2012-09-18 08:37State-run economic research outfit Korea Development Institute has lowered the economic growth forecasts for this year and 2013 by a large margin. KDI said on September 17 that it revised its GDP g...
2012-09-18 06:03The Ministry of Labor and Employment announced on September 17 results of a three-year-long panel research project tracking a sample of 20,000 limited-time contract workers. After investigating how...
2012-09-18 05:53The Ministry of Land, Transportation, and Maritime Affairs said on September 17 that Dream Island, the company created by the investors from the World Federation of Korean Association of Commerce, ...
2012-09-18 05:37
STX Construction said on September 17 that it won a 60-billion-won project to build a new plant in Hwasung, Gyeonggi Province, for Royal & Co., the maker of bathroom products. In March of this ye...
2012-09-18 05:26
Hana Financial Group, the parent company of KEB Hana Bank, will acquire a shopping center building and its surrounding land in a small Japanese city for around 50 billion won ($44 million), with a view to reselling part of its&hellip
KEB Hana Bank, a leading South Korean lender, has arranged $300 million lease financing for an aircraft portfolio of Avolon, in the first financing arrangement by a South Korean bank for the Irish aircraft leasing firm, according to local newspaper reports.&hellip
Korea Scientists and Engineers Mutual-aid Association (SEMA) has decided to make its first allocation to global private debt funds by committing $30 million to each of Golub Capital and Ares Management, and is considering committing an additional capital to European&hellip
