THE INVESTOR

▶주메뉴 바로가기

▶본문 바로가기

The Korea Herald

Markets

August 04, 2022
Car-sharing platform SoCar to go public this month

South Korean car-sharing company SoCar said Wednesday it plans to debut on the nation‘s second bourse Kosdaq to expand its footing in the mobility industry that is worth 350 trillion won ($267.6 billion) and growing. The company will decide whether it will float 4.55 million shares on Aug. 22 aft...
August 04, 2022
Samsung rolls out futuristic memory, storage tech tailored to big data

Memory chip giant Samsung Electronics said Wednesday it unveiled a set of next-generation memory and storage technologies to better address various client demands for handling big data. Choi Jin-hyeok, executive vice president of memory solution and product development at Samsung Electronics, told...
August 04, 2022
Top Korean banks face flak for profiting from surging rates

Top commercial banks have come under fire for increasingly denying customer requests to lower their interest rate repayments, while profiting heavily from of their lending programs, data showed Wednesday. The growing criticism comes as borrowers have been facing heavier debt repayment burdens in r...
August 04, 2022
6 Korean firms join cross-border carbon capture, storage project

Six Korean energy companies will join hands with Malaysia’s state-run energy company, Petroliam Nasional Berhad, to launch a cross-border project that transports carbon captured in South Korea to Malaysia for storage, the firms said Wednesday. For the project named Shepherd CCS, the six companies...
August 04, 2022
LG Energy Solution to run on 100% renewable energy from 2025

LG Energy Solution said Wednesday it will run its production facilities around the world 100 percent with renewable energy from 2025 as part of efforts to meet its 2050 carbon neutrality goals. The world’s second-largest battery maker for electric vehicles renewed its commitment to the RE100 init...
August 04, 2022
Middle East contributes most to Korea’s trade deficit

SEJONG -- The Middle East contributed the most to South Korea’s all-time high trade deficit for the first seven months of the year, state data showed Wednesday, reflecting the export-driven economy‘s ongoing high reliance on crude oil. According to the Ministry of Trade, Industry and Energy, Ko...
August 04, 2022
SK hynix unveils 1st 238-layer 4D NAND flash memory

SK hynix unveiled on Wednesday plans to mass-produce the industry‘s first 238-layer four-dimensional NAND flash memory in the first half of 2023. At the Flash Memory Summit of 2022 held in Santa Clara, California, Choi Jung-dal, head of NAND development at SK hynix, said the newest NAND flash, wh...
August 03, 2022
Hyundai’s Xcient hydrogen truck to debut in Germany

Hyundai Motor said Tuesday that its Xcient Fuel Cell, the world’s first mass-produced, heavy-duty truck powered by hydrogen, will make its debut in Germany as part of the carmaker’s efforts to expand its presence in the largest commercial vehicle market. A total of 27 units of Xcient trucks will...
August 03, 2022
Samsung Biologics ready for mRNA substance production

Contract manufacturing giant Samsung Biologics said Tuesday it has successfully completed the first commercial-scale engineering run of the drug substance for COVID-19 messenger RNA vaccines. With the latest completion, the company added that now it is equipped to provide end-to-end mRNA productio...
August 03, 2022
Posco, Brazil’s Vale seek to produce hot briquette iron

Posco said Tuesday that it will conduct a feasibility study with Brazil’s largest raw material supplier, Vale, for the possible production of hot briquette iron as part of the steel giant’s efforts to reduce its carbon footprint. HBI, which is created by reducing the iron ore with natural gas, i...
August 03, 2022
Prices keep surging amid growth woes

Consumer prices in July accelerated to an almost 24-year high of 6.3 percent on higher energy and food prices, as South Korea battles soaring inflation dragging down the export-led economy. According to Statistics Korea data released Tuesday, the July consumer price index edged 0.3 percentage poin...
August 03, 2022
Lawmakers float bill to triple tax benefits for chipmakers

South Korean lawmakers are poised to propose a new bill aimed at providing domestic chipmakers with more extensive tax benefits in return for facility investment, a step toward its own version of the US-passed CHIPS Act to be effective Thursday. The new bill, unveiled Tuesday by a group of lawmake...
August 03, 2022
Researchers develop mass production technology for biodegradable microrobots

Scientists have developed a new technology to allow mass production of biodegradable microrobots that are likely to contribute to improving the efficacy of regenerative medicine such as stem cell therapy, Daegu Gyeongbuk Institute of Science and Technology said Tuesday. A joint research team compo...
August 03, 2022
Korea to scrutinize tax evasion via virtual assets

SEJONG -- The nation’s tax agency has pledged to take stern actions against tax evasion practices via virtual assets, including cryptocurrency, and online platforms. The National Tax Service, in its policy briefing before the strategy and finance committee of the National Assembly on Monday, clar...
August 03, 2022
Burger joints raise prices again to fight inflation

Despite enjoying increased sales from the ongoing “lunchflation,” fast food joints in South Korea have been raising their burger prices, citing surging production costs amid lingering inflation fears. Mom‘s Touch, a homegrown chicken chain, said Tuesday that it will raise the prices for 50 prod...

301 302 303 304 305 306 307 308 309 310

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