SKIncheon Petrochem is showing rapid improvement in its performance. Afterenjoying record-high operating profits of 374.5 billion won last year, SKIncheon expects this year's operating profits to r...
2017-05-02 16:59Mercedes-Benzis enjoying a rising popularity in Korea's import car market. After breakingthe 50,000 level in annual sales last year, first among import car brands,Mercedes-Benz expects this trend t...
2017-05-02 16:53ForbesKorea unveiled a list of top-50 richest persons in Korea. Among them were KwonHyuk-bin, CEO of Smile Gate (No. 4), Kim Jung-ju, CEO of NXC (No. 7), KimTaek-jin, CEO of NCsoft (No. 23), and Bh...
2017-05-02 16:52Lee Jae-hyun, chairman of CJ Group, is set to make his official comeback to the top management within May 2017, in three years and 10 months after he washed hands from the management due to the pro...
2017-05-02 08:10
SK Innovation has the lowest rate of highly advanced production capacities at 17.7 percent among the nation's four largest oil refiners. This is about a half of the rate for Hyundai OilBank that bo...
2017-05-02 03:24Theuse of liquefied petroleum gas cars, which are widely regarded as the mosteco-friendly vehicles, is ironically declining in Korea where concerns aboutfine dusts are growing. According to industr...
2017-05-01 09:42
Korea'sleading box office chains are vying fiercely to increase the number of screens.Lotte Cinema, the No. 2 player in the nation's movie theater industry, opened anew theater with six screens...
2017-04-28 17:00Aftera long period of losses, Daewoo Shipbuilding & Marine Engineering has finally bounced back to the black in the first quarter of this year. The positiveturnaround came in 17 quarters after th...
2017-04-28 16:51
Ssangyong Motors posted an operating loss of 15.5 billion won in the first quarter due to a rising balance of marketing expenses. The car maker said on April 28 that its first-quarter sales were ...
2017-04-28 11:36
Samsung Pay, the mobile payment service provided by Samsung Electronics, is expanding its service area to Northern Europe and the Middle East. The company said on April 27 that it has begun the p...
2017-04-28 11:26
Hyundai Motor has on April 28 revealed teaser images of its compact crossover "Kona" to be released in this summer. The Kona is the first small-sized SUV launched by the car maker. Hyundai alread...
2017-04-28 11:08
Korea's economic indicators are showing clear signs of improvement across the board. This trend, which began first for exports, is spreading toward other economic spheres including production, ...
2017-04-28 05:00
Incheon's Songdo is undergoing a smooth transition toward a hub of biotech industry. Samsung Biologics, the biopharmaceutical business arm of Samsung Group, is now building its third bio-drug plant...
2017-04-28 04:59CJ Korea Express announced the acquisition of two foreign logistics firms, Ibrakom in the United Arab Emirates and Darcl Logistics in India. Since Park Geun-tae was appointed to lead CJ Korea Expre...
2017-04-28 04:57
As Korea's wine drinkers tend to prefer low-priced wines, the market share of Spanish wines is rising fast at the expense of French ones. According to wine import statistics released by the Korea I...
2017-04-27 11:31
South Korean asset managers are joining hands with French property investment firms to buy prime commercial buildings in the Netherlands and Belgium as they are turning eyes to the Benelux region for higher returns, sending their real estate values to&hellip
Blackstone, Kuwait Investment Authority (KIA) and three property investment firms are vying for Sony Center in Berlin which South Korea’s National Pension Service (NPS) has put on the block in a transaction expected to fetch around €1.1 billion ($1.3 billion),&hellip
The Carlyle Group will consolidate its South Korean operations divided into buyout and growth capital units by combining them, after the three-men growth capital unit focusing on minority stake deals was believed to have lost one or two managers recently.&hellip
