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February 8, 2021
The five leading banks in South Korea, including Kookmin and Shinhan, logged their first drop in net profit last year in five years, dented by shrinking lendi
February 8, 2021
Mandos Steer by Wire system Korean auto parts makers have rarely been favored by stock investors as they were regarded as mere subcontractors, with their perf
February 8, 2021
Apple Car concept image Hyundai Motor Group said on Monday it is not engaged in talks with Apple Inc. over the development of an autonomous electric vehicle, t
February 8, 2021
LG Displays rollable OLED LG Display Co., a major South Korean display panel maker, will invest $750 million in its display plant in Vietnam to meet rising de
February 8, 2021
‘YouTube of the Audio World’ Captivates Generation Z “You’re listening to DJ OOO’s radio station!” The audio-based social networking platform Spoon Me was running a beta test in 2015. The platform was created as a support space where users could share their personal stories with full anonymity through voice instead of by text. While it drew a multitude of young users in their teens and twenties, its revenue model was unclear. During the test period, some...
February 8, 2021
South Korea-based SK Bioscience Co. is planning its trading debut next month on the countrys main bourse, Kospi. The companys enterprise value is expected t
February 7, 2021
Taihan Electric Wires cable products South Korea-based IMM Private Equity is set to announce shortlisted candidates for the sale of Taihan Electric Wire Co. next week. The deal has drawn attention from around 10 global business groups and private equity firms that have joined the race to acquire the countrys second-largest electric wire maker. The companys largest shareholder IMM PE will be exiting five years after its initial investment in 2015. The PE firm plans to sell a 67.54% stak...
February 3, 2021
South Korea-based energy company SK E&S Co. is pushing to liquidate its assets by carrying out a stake sale in its profitable city gas businesses. The com
February 3, 2021
The ruling Democratic Party’s push to hand out
February 2, 2021
South Korea’s JR AMC Co. has been named the preferred buyer of Amazon’s last-mile logistics center in central Ohio, for which the Seoul-based asse