The U.S. International Trade Commission launched an investigation under the Trade Act 201 to see whether the imports of solar cells from China and Korea cause damage to U.S. industry. Accordin...
2017-05-25 17:16
The Shilla Hotels & Resorts will open a new duty-free shop in Hong Kong Chek Lap Kok International Airport before the end of this year. The company plans to issue bonds to finance the cost. In an i...
2017-05-25 11:00
Lotte Liquor will launch a new lower-ABV beer brand "Fitz Super Clear" three years after its introduction of Kloud. If Kloud was aiming for beer connoisseurs, Fitz is more atuned to mass-market bee...
2017-05-25 09:19
SKC is pushing to take another leap forward by developing a series of new growth engines, including "transparent polyimide films" and "PVB films" which are used for vehicle glass. The growth o...
2017-05-25 04:40
Korea's household debt balance rose by more than 17 trillion won in the first quarter of this year, reaching an all-time high at 1,360 trillion won. According to preliminary data released by the Ba...
2017-05-24 18:40
An increasing number of Korea's biopharmaceutical companies are making forays into the cosmetics market. The "cosme-ceutical" market is growing at a rapid pace as consumers are increasingly showi...
2017-05-24 18:39
Kia Motors made an official release of its brand-new premium sports sedan Stringer on May 23. Kia aims to sell 8,000 units of the Stinger this year and 12,000 next year. The Korean car maker...
2017-05-24 18:37
Japanese mid-sized sedans are making a comeback in Korea. Such models as the Nissan Altima and Honda Accord are showing signs of becoming top-selling import cars. According to the Korea Automobil...
2017-05-24 13:08
In Jeju Island's northwest just 10 minutes' drive from the Hyeopjae Beach, there is a agri-industrial zone. That's where a new craft beer brewery will set up shop. The brewery, to be fully operatio...
2017-05-24 09:07
Samyang Food launched the sales of "Curry-based Extremely Spicy Chicken-flavored Ramen" in the domestic market on May 22. This move followed the earlier releases of curry ramen by its rivals Ottogi...
2017-05-24 08:37
President Moon Jae-in instructed on May 22 the release of six out of the total 16 dammed pools in Korea's four rivers, starting June 1. Kim Soo-hyun, Presidential Senior Advisor to Social Af...
2017-05-24 08:36
The overall performance of the global tire industry worsened in the first quarter of this year due to the rebound in the prices of raw materials such as natural and synthetic rubber that took an ...
2017-05-24 08:33Taekwang jumped into a race to take over Gemadept, the largest logistics firm in Vietnam, as part of an effort to establish a secure logistics base in Southeast Asia. According to industry sources ...
2017-05-23 16:33
Until early this year, it was not easy to buy CJ Cheiljedang's home meal replacement (HMR) brand "Gourmet Hamburger Steak." The retail price of Gourmet Hamburg Steak was only 7,980 won (for 540-gra...
2017-05-23 08:30
Korea's shipping companies ordered a total of 20 ships so far this year, Among them, 13 would be built by Chinese shipyards. The share of domestic construction in the newbuilding orders placed by l...
2017-05-22 16:57
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
