THE INVESTOR

▶주메뉴 바로가기

▶본문 바로가기

The Korea Herald

Markets

June 09, 2022
Korean shipbuilders start building Qatar’s LNG carriers

Daewoo Shipbuilding & Marine Engineering has obtained a 1.07 trillion won ($850 million) order to build four LNG carriers for a Qatari state oil firm, it said in a regulatory filing Tuesday. The order is the first batch of a $20 billion deal that three South Korean shipbuilders -- Hyundai Heavy In...
June 09, 2022
[Market Eye] Kakao share prices stall as company struggles to regain public trust

Kakao Pay shares tumbled Wednesday morning after it was reported that its second-largest shareholder Alipay was looking to sell 5 million shares -- about 10 percent of the total stake it holds in Kakao Pay -- in a block deal. The stock price of Kakao Pay fell 15.57 percent to close at 89,500 won. ...
June 09, 2022
OECD cuts Korea’s growth forecast to 2.7%

The Organization for Economic Cooperation and Development on Wednesday forecasted that the growth of the South Korean economy would stay in the 2 percent range this year in the wake of the inflationary pressure and the prolonged war between Ukraine and Russia. Further, the France-based organizatio...
June 09, 2022
Korea‘s market share for EVs, batteries dips

The global market share of Korean-made battery electric vehicles (BEVs) and lithium-ion batteries shrank last year with greater competition from Chinese and German makers, according to a report released on Wednesday by a major business lobby group. Based on statistics from the International Trade ...
June 09, 2022
SKC to sell PET film biz to Hahn & Co. for W1.6tr

South Korean chemicals-to-materials firm SKC has inked a deal to sell its polyester film business to Seoul-based private equity firm Hahn & Co. for 1.6 trillion won ($1.27 billion) following a split-off, according to the firm’s regulatory filing Wednesday. The deal, involving operations in Korea,...
June 09, 2022
Revised hydrogen law to be promulgated this week

South Korea stepped closer to establishing an industrial ecology for hydrogen, as revisions to a regulation defining how companies should use hydrogen and what types of government support they would be given for exploring the latest technology will be promulgated as early as this week. The revised...
June 09, 2022
LG Chem rises to world’s No. 3 chemical brand

Petrochemicals-to-battery materials company LG Chem has become the third most valuable chemical brand in the world, up a notch from a year earlier, data showed Wednesday. LG Chem’s brand value, estimated at $4.3 billion, followed that of Germany-based BASF and Saudi Arabia-based Sabic, according ...
June 09, 2022
S. Korean retailers on real estate shopping spree

South Korean retail companies have been on a shopping spree recently, purchasing real estate in Seoul’s major commercial districts and preparing for new business development. According to data from the Financial Supervisory Service, on May 31 fashion company CreaS F&C finalized the purchase of 1,...
June 09, 2022
Yoon’s picks for top financial officials face backlash

President Yoon Suk-yeol’s nominations to lead the nation’s top financial regulators have been met with skepticism, as critics say there have been too many prosecutors named already. Yoon, who has appointed several former prosecutors as Cabinet members, appointed an ex-prosecutor to lead the Fina...
June 09, 2022
SK to hold strategic forum in California

SK Group said Wednesday its annual SK Global Forum will be held this week in San Jose, California, with some 30 company executives and local experts gathering to discuss the conglomerate’s future growth drivers. During the three-day event that kicks off Friday in the US, five affiliates -- SK Inn...
June 09, 2022
Korea’s Q1 GDP shrinks on weak investment

South Korea’s economy grew 0.6 percent in the first quarter this year from three months earlier, lower than 0.7 percent growth estimated in April, the Bank of Korea said Wednesday, citing weak investment and consumption as factors behind the revision. Growth in the gross domestic product for Janu...
June 08, 2022
Cargo truckers go on strike

South Korea’s unionized cargo truckers staged a nationwide, indefinite strike starting Monday midnight, marking the first major labor-government conflict since President Yoon Suk-yeol took office last month amid a worsening market economy and sharp price hikes here. According to the union, a majo...
June 08, 2022
Top banker tapped as policy coordination chief, ex-prosecutor as new market police head

President Yoon Suk-yeol on Tuesday named Bang Moon-kyu, CEO of the state-run Export-Import Bank of Korea, to be in charge of government policy coordination, and former prosecutor Lee Bok-hyun to lead Korea’s market watchdog, the Financial Supervisory Service. The president also appointed Kim Joo-...
June 08, 2022
All eyes on Lee Jae-yong’s Europe trip

Samsung Electronics Vice Chairman Lee Jae-yong on Tuesday left for Europe, home to key partners of the world’s largest memory chip maker’s renewed push for chip supremacy. Upon his departure from Seoul’s Gimpo Airport earlier in the day, some 50 journalists shouted questions on the purpose of t...
June 08, 2022
Hole-in-one insurance sales on the rise

A hole-in-one should be a cause for rejoicing on the golf course, but the cost of such celebrations are driving more golfers to insure themselves against their own success. An ace can be costly in Korea, as the golfer traditionally pays for an after party, donates a commemorative tree, pays for a ...

321 322 323 324 325 326 327 328 329 330

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