THE INVESTOR

▶주메뉴 바로가기

▶본문 바로가기

The Korea Herald

Markets

June 08, 2022
Samsung Biologics inks $81m deal with Novartis

Samsung Biologics has signed an intent letter for a contract manufacturing organization deal worth $81 million with multinational pharmaceutical firm Norvatis Pharma, the South Korean company announced Tuesday. According to the contract manufacturing giant’s regulatory filing, the two sides on Fr...
June 08, 2022
Bottom 20% households spend 42% of monthly disposable income on food

SEJONG -- The nation’s high inflation, which has led to a spike in consumer prices since the latter half of 2021, is weakening the purchasing power of households in the low-income bracket, as they spend a large portion of their monthly disposable income on daily necessities, state data showed Tues...
June 08, 2022
Jeju Air to offer cheaper tickets, modernize aircrafts: CEO

Jeju Air, South Korea’s biggest budget carrier, will provide cheap tickets, modernize aircraft and expand its business spectrum to secure future growth in the post-pandemic era, its chief executive said Tuesday. As both domestic and international travel demands are slowly picking up, Jeju Air CEO...
June 08, 2022
Duty-free shops see customers return as tourism normalizes

With the arrival of COVID-19’s endemic phase, South Korea’s duty-free shops are starting to see a long-awaited business recovery as a growing number of group tours are booked, industry sources said Tuesday. According to a Lotte Duty Free official, some 150 tourists from Malaysia shopped at the M...
June 08, 2022
LG Innotek supports partner firms’ ESG

LG Innotek said it has agreed to support some 200 partner firms’ efforts to improve their environmental, social and corporate governance. The electronic component maker signed a deal with the Korea Commission for Corporate Partnership to jointly develop ESG indexes for its partner companies, prov...
June 07, 2022
New GM Korea CEO faces labor disputes, falling sales

GM Korea’s new chief executive Roberto Rempel has made his first on-site inspection to the carmaker‘s No. 1 Bupyeong plant early this month, officials said Monday, making a leadership change official within the US company’s operation in South Korea. The new CEO, however, faces a series of chall...
June 07, 2022
Korea’s household debt highest among major economies: report

South Korea’s household debt topped 104 percent of gross domestic product, marking the highest level among 36 major economies, the Institute of International Finance’s data showed. Korea’s household debt fell to 104.3 percent of GDP in the first quarter of this year from 105 percent in the same...
June 07, 2022
[From the Scene] ‘Danuri’ all set for Korea’s first moon exploration

DAEJEON -- South Korea is gearing up to become the seventh nation in the world to carry out a lunar probe mission with its first lunar orbiter set for an Aug. 2 launch. The country’s first lunar mission, christened “Danuri” through a nationwide naming contest, has completed the final stages of ...
June 07, 2022
Investment banks cut Kospi targets amid high inflation

Major foreign investment banks have revised down their targets and ratings on South Korea’s benchmark Kospi, which has been coping with market volatilities stemming from growing inflationary pressure and the prolonged Russia-Ukraine War. Japan-based Nomura Securities lowered its investment rating...
June 07, 2022
Samsung’s Lee Jae-yong poised for 2-week trip to Europe

Samsung Electronics Vice Chairman Lee Jae-yong is poised to embark on a two-week trip to Europe on Tuesday, highlighting the South Korean chip-to-consumer electronics giant’s need for a breakthrough. Also under the spotlight is whether the largest conglomerate in Korea would be looking to secure ...
June 07, 2022
AI uses digital waste for upcycled clothing design

Tilda, a virtual artist powered by the artificial intelligence engine of South Korean conglomerate LG, has showcased 30 upcycled clothing designs on World Environment Day that fell on Sunday, according to the company Monday. The metaverse collection, comprised of 13 jackets, 14 trousers and three ...
June 07, 2022
Hana Financial stresses connectivity in vision for 2030

Hana Financial Group has announced a set of mid- to long-term strategic goals for 2030 as it reorganized its corporate culture and strategy departments to better prepare for future industries such as the metaverse and blockchain. For the past 11 months since June last year, some 12,000 staffers of...
June 06, 2022
KB Chairman, UK deputy minister discuss net-zero partnership

KB Financial Group Chairman Yoon Jong-kyoo and the UK Department for Business, Energy & Industrial Strategy’s Deputy Minister Garry Grimstone discussed partnership in achieving net-zero carbon emissions and green investment, the South Korean bank said Friday. In the meeting held Friday, Grimstone...
June 06, 2022
Mom’s Touch in search for new owner

South Korean chicken burger chain Mom’s Touch is searching for a new owner following its delisting from the nation’s second bourse Kosdaq on Tuesday. Its largest shareholder, local private equity firm Korea F&B Holdings, plans to buy shares at 62,000 won apiece for the next six months in order t...
June 06, 2022
Korean Air kicks off engine development for small satellite launch vehicle

The country’s largest air carrier Korean Air will develop common bulkhead propellant tanks for small satellite launch vehicles by 2027 as part of the Ministry of Science and ICT’s Space Pioneer project, the company said Friday. Under a ministry-led program, some 211.5 billion won ($170 million) ...

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