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The Korea Herald

Markets

April 02, 2023
Daewoo E&C paves way for sustainable growth with financial stability

Daewoo Engineering & Construction said Friday it is accelerating efforts to pave the way for sustainable growth by strengthening its internal management amid uncertain external conditions. Last year, Daewoo E&C achieved an all-time high operating profit of 760 billion won ($583 million), while its...
March 31, 2023
LG Energy Solution CEO purchases treasury shares worth W572m

LG Energy Solution CEO Kwon Young-soo has purchased 1,000 shares of the company’s stock, according to the firm's public disclosure on Thursday. The price for each share during the time of purchase was 572,800 won ($446), bringing the total value to 572.8 million won. The CEO in April last year p...
March 31, 2023
Global X Japan surpasses Y100b in AUM

Mirae Asset Global Investments announced on Thursday that Global X Japan, its joint investment venture in Japan, surpassed 100 billion yen ($756 million) in assets under management, just two years after launching its first product. Global X Japan is a joint venture established in September of 2019...
March 31, 2023
Porsche Vision 357 makes Asia debut in Seoul

Porsche Korea on Thursday showcased its Vision 357 sports car for the first time in Asia at the Seoul Mobility Show 2023, celebrating its 75 years of sports car history. The car model is an homage to the first-ever Porsche sports car, the 356, the dream sports car made by Ferry Porsche, the legend...
March 31, 2023
BMW presents revamped electrification vision

BMW Korea presented the largest number of car lineups at 24 at the Seoul Mobility Show 2023, underscoring its net-zero initiative as a key vision for future mobility. BMW, along with sub-brands Mini and BMW Motorrad, introduced its distinctive clean car models powered by battery and hydrogen engin...
March 31, 2023
Mercedes-Benz underscores luxury, electrification

Mercedes-Benz Korea on Thursday reemphasized the German carmaker’s firm commitment to bolstering its lineup of luxury and electric vehicles in the Korean market. “Mercedes-Benz stayed true to the promise that we would ‘Lead in Electric,’ which it promised here in 2021, by completing the EQ lin...
March 31, 2023
Kia premieres EV9

Kia on Thursday unveiled its first all-electric large sports utility vehicle, the Kia EV9, at the 2023 Seoul Mobility Show at Kintex in Gyeonggi Province. The Kia EV9 is the South Korean automaker’s second all-electric vehicle equipped with the company’s self-developed EV platform named Electric...
March 31, 2023
Hyundai Sonata restyled

Hyundai Motor Company on Thursday launched the newest edition of its Sonata at the 2023 Seoul Mobility Show held at Kintex in Gyeonggi Province. The latest version of the midsize sedan is named “Sonata The Edge.” As the long-time popular model of the carmaker, the eighth-generation model has und...
March 31, 2023
Mirae Asset Securities, SKT collaborate to lead security token industry

South Korea's largest securities firm Mirae Asset Securities and telecommunications giant SK Telecom on Thursday formed a consortium called Next Finance Initiative to become a leader of the new emerging security token industry. "We expect to establish a firm position as a global platform that lead...
March 31, 2023
Hyundai E&C offers exclusive concierge services at apartments

Hyundai Engineering & Construction will bring convenient concierge services to its Hillstate Sunhwa the Wise – a residential and commercial apartment complex in Daejeon. The complex, with units now for sale by Hyundai E&C, stands 54 floors tall including underground floors and contains 851 medium...
March 31, 2023
[KH Explains] Political meddling prolongs KT leadership vacuum

South Korea’s telecommunications giant KT Corp. is in turmoil after a series of CEO candidates stepped down, apparently under pressure from the presidential office and the ruling party. More than two decades after its privatization, the government's political clout still seems to permeate the comp...
March 31, 2023
Global Business Forum examines ways to embrace 4th Industrial Revolution

Ways for South Korea to properly gear up for the Fourth Industrial Revolution era were explored at the Global Business Forum on Wednesday at the Ambassador Seoul hotel. During the during the sixth session of the forum, Ahmad Fahmi Ahmad Sarkawi, charge d'affaires at the Malaysian Embassy in Seoul,...
March 31, 2023
Posco boasts supremacy in quake-resistant solutions

South Korea's largest steelmaker Posco said Thursday it aims to make a world free from the destructive effects of earthquakes, with its world-class earthquake-resistant construction materials. According to Posco, the company's lineup of earthquake-resistant steel products has helped a slew of stru...
March 31, 2023
Six out of 10 foreign firms willing to invest more in Korea: KCCI

More than six out of 10 foreign firms operating in Korea are considering increasing their investments here, a survey conducted by the Korea Chamber of Commerce and Industry showed Thursday. While the Korean government has been working on attracting more foreign capital to boost the economy, many f...
March 31, 2023
KG Mobility makes grand comeback with electrified Torres

SsangYong Motors has returned to the Seoul Mobility Show 2023 for the first time in four years under its new name, KG Mobility, with an electrified version of its bestselling midsized sport utility vehicle Torres EVX. “Changing the company’s name was not an easy decision. But after a series of u...

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EDITOR'S PICKS

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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Company Registration No. 104-81-06004 |Mail-Order Business Registration 2016 - Seoul Yongsan - 00590 |Business info |Gov’t registration No. Seoul 아04099