THE INVESTOR

▶주메뉴 바로가기

▶본문 바로가기

The Korea Herald

Markets

January 31, 2023
Paris Baguette opens 100th franchise store in US

Korea’s leading bakery franchise Paris Baguette has launched its 100th franchise store in the US, stepping up its overseas business, its operator SPC Group said Monday. Reaching the milestone with the opening of "Paris Baguette Red Bank" in New Jersey, the company aims to introduce 1,000 stores a...
January 31, 2023
Kolmar Korea eyes new plant in Pennsylvania

Kolmar Korea, a cosmetics original design manufacturer, is considering building its second manufacturing facility in the US, a company official said Monday. Olyphant, Pennsylvania, is being discussed as the location for the new manufacturing facility, an official from Kolmar Korea said, but plans ...
January 31, 2023
‘Responsibility’ beats ‘professionalism’ in conglomerates’ hiring priorities

Demonstrating a sense of responsibility during a job interview will boost one’s chance of getting hired by large companies in Korea, a report from business lobby group Korea Chamber of Commerce and Industry showed Monday. Since 2008, the quinquennial report has been mainly looking into job recrui...
January 31, 2023
[NPS in Action] Korea's pension fund, under pressure, hunts for gains in foreign stocks

This is the second part of a series on South Korea’s largest investor National Pension Service, analyzing its current status and identifying tasks that lie ahead. -- Ed. South Korea’s public pension fund has been stepping up investments in foreign stocks as it faces mounting pressure to enhance ...
January 31, 2023
LG Innotek aims high with new chip substrate plant

The new factory will facilitate various smart technologies, including artificial intelligence and robots, and will start production in the second half of this year, the company said. LG Innotek injected 413 billion won ($336 million) into the FC-BGA facility and equipment, and it will continue to ...
January 31, 2023
LG Energy Solution shares close higher, beats market jitters

South Korean battery giant LG Energy Solution’s stocks stood strong on Monday, despite the end of a year-long lock-up period. The company’s shares rose by 0.79 percent to 510,000 won ($415.5) from the last trading day, according to the bourse operator Korea Exchange. The stocks tumbled by 3.16 p...
January 30, 2023
Banks' working hours to return to normal

With the Korean government lifting the indoor mask mandate, major banks are to normalize their operating hours to 9 a.m. to 4 p.m. from Monday. Major commercial banks, including KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori Bank and NH NongHyup, are to normalize their operating hours from the cu...
January 30, 2023
Hana to seek more M&As overseas

Hana Financial Group has announced plans to strengthen the company's global and digital sectors, while improving financial services in 2023. The financial holding firm, whose business spans from bank and card services to securities, shared its vision for the new year at an event held at Kyung Hee ...
January 30, 2023
Samsung hires ex-Ericsson execs to boost network business

South Korean tech giant Samsung Electronics has hired two experts from Swedish telco Ericsson to reinforce its network business. According to industry sources on Sunday, Samsung recently established a task force under its network business division to oversee a new business strategy. For the task f...
January 30, 2023
Oriental Brewery outpaces rivals in beer sales

South Korea’s largest beer maker Oriental Brewery led last year’s domestic beer market, as the spirits market began to see signs of recovery after years of pandemic disruptions. During the January to November period last year, OB topped beer sales here with a whopping 53.7 percent market share, ...
January 30, 2023
[KH Explains] In land of Hyundai-Kia, smaller carmakers struggle for survival

SsangYong Motors, Renault Korea Motors and GM Korea are facing another challenging year ahead, with market leader Hyundai Motor Group’s big sales push showing little signs of abating. Hyundai and its smaller affiliate Kia, driven by demand for their full electric models, sold 688,884 and 541,068 ...
January 29, 2023
Samyang Foods opens premium ramen popup in Seoul

Samyang Foods on Thursday opened a popup store to promote its new premium dried noodle brand in Seoul. The noodle boutique, called Salon de Cootique, is set up at the space LES601 Seongsu in Seongsu-dong, and runs until Feb. 5, it said in a statement. In December last year, the firm launched a ne...
January 29, 2023
LG Energy Solution logs record earnings on increased shipments

LG Energy Solution reported a twofold jump in operating profit last year, driven by increased demand for electric vehicle batteries and energy storage systems, the South Korean battery maker said Friday. Revenue rose 43.4 percent to 25.6 trillion won ($20.8 billion) in 2022, and its operating prof...
January 29, 2023
KT&G refuses ginseng unit spin-off, aims to double sales by 2027

KT&G, South Korea's dominant tobacco and ginseng company, rolled out an aggressive mid-term business plan Friday to bolster its investment and sales in an apparent move to fend off a campaign launched by a Singapore-based activist fund. Under the plan, the company will invest a total of 3.9 trilli...
January 29, 2023
LG Electronics Q4 operating profit tumbles 91%

LG Electronics said Friday its operating earnings for the fourth quarter dipped more than 90 percent from a year earlier on slumping demand for home appliances coupled with global economic difficulties. The consumer electronics giant reported an operating profit of 69.3 billion won ($56.1 million)...

231 232 233 234 235 236 237 238 239 240

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

FAMILY SITE GO

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