HanonSystems, a specialist in the manufacturing of automotive heaters andair-conditioners, enjoyed more than a 20-percent growth in its operating profitfor the first quarter of this year. Hanon...
2017-05-17 18:32
Theprofitability of Korea's liquefied natural gas industry worsened as it fails toincrease domestic LPG prices despite the recent hike in international LPG prices. Anothernegative factor is th...
2017-05-17 18:17
With the swearing in of Moon Jae-in as the new President, there are signs that the Chinese government is relaxing its retaliatory sanctions against Korea in response to Korea's deployment of the ...
2017-05-17 08:32Australianfinancial group Macquarie launched a drive to raise a 500-billion-won fund totake over another Korean waste treatment firm. Since 2013, Macquarie hasacquired a string of waste treatment c...
2017-05-16 18:23Korea'sfirst private-sector oil refiner GS Caltex is set to celebrate its 50thanniversary since founding on May 19. Thecompany, which achieved a record-breaking operating profit of more than 2t...
2017-05-16 18:22
Asiana Airlines said on May 16 that it began flying an Airbus A350 in the Incheon-Manila route from the previous day. In addition, the company held an event to celebrate the virgin flight at the ...
2017-05-16 11:33
LG Electronics will provide large-scale heating, ventilation, and air conditioning solutions to a thermal power plant in Vietnam. The Korean company said on May 16 that it signed a deal with Russ...
2017-05-16 10:55
Korea's defense industry is losing steam due to the government's excessive regulation. As the government requires the industry to develop world-class technologies within a short period of time an...
2017-05-16 06:29
As the Moon Jae-in administration is set to tighten its grip on large corporations, analysts said stakes held by conglomerate owners would soon flood the market. According to securities industry so...
2017-05-15 11:01
Kia Motors has launched the 2018 subcompact crossover SUV Niro as well as a plug-in hybrid electric car version of the same model. The Niro plug-in hybrid, mounted with high-efficiency lithium-io...
2017-05-15 10:38Abouta half of listed companies in Korea saw their share prices decline this year.Despite the benchmark KOSPI exceeding the 2,300 level and the KOSDAQ indexrenewing its annual high, more than 45 pe...
2017-05-15 08:32
Korea'scosmetics exports for the period from April 1 to 20 suffered a negative year-on-yeargrowth of 2.6 percent, according to the Ministry of Trade, Industry, and Energyon May 14. This was the fir...
2017-05-15 08:30
Korea's top-three convenience store chains have jumped into a draft beer war as GS25 and 7Eleven recently decided to sell draft beers in their stores after CU began doing so since last month. The...
2017-05-15 08:17Currently there are 8,048 workers in Incheon International Airport Corp. of which 85 percent (6,831) are dispatched from partner firms. All the dispatches are considered temporary or contract-based...
2017-05-13 10:53POSCO Energy, the largest private energy producer in Korea, received a $2.5-billion coal-fired thermal power plant project from Vietnam. The company announced on May 11 that it clinched the license...
2017-05-13 08:42
The National Pension Service (NPS) appointed risk management center head Seong-Tae Park as new head of investment strategy on Dec. 8, a week after his predecessor Soo-Cheol Lee offered to resign, according to the pension fund’s announcement. Park joined the NPS&hellip
Paris-based private equity house Ardian has opened a Seoul office as its fourth Asian base, as South Korean institutional investors such as pension funds are expanding their presence in global investment markets. With assets of $82 billion under management, Ardian&hellip
A consortium led by Affinity Equity Partners will push ahead with exercising their right to sell shares in South Korea’s Kyobo Life Insurance Co. Ltd. by the end of this month, which they estimate at 2 trillion won ($1.8 billion),&hellip
