THE INVESTOR

▶주메뉴 바로가기

▶본문 바로가기

The Korea Herald

Markets

December 21, 2023
Incheon Airport vows to go digital for more convenient services

The Incheon International Airport Corporation has unveiled its vision for the upcoming year, aiming to further digitalize the airport's systems and services for the convenience of passengers. "We have designated 2024 as Incheon Airport's year of digital transformation," Incheon International Airpo...
December 21, 2023
Korea's logistics paradox: surging demand, looming vacancies

From oversupply of logistics hubs to international giants’ entry, South Korea’s booming e-commerce industry is being reshaped by multiple challenges and changes. According to Colliers Korea's December report, 114 logistics centers occupying over 10,000 square meters were registered this year, ma...
December 21, 2023
[Test Drive] Kia refines family favorite with first hybrid Carnival

Handling was surprisingly steady for a vehicle of its size, aided by new technology that modulates braking and acceleration across wheels during turns. Although the driving noise was lower than in non-hybrid models, wind noise was noticeably loud in the second row at speeds over 100 kilometers per ...
December 21, 2023
Kakao Pay's Siebert takeover plan falls through

Kakao Pay, the online payment unit of South Korean tech giant Kakao, has axed plans to expand its ownership of stocks of US brokerage firm Siebert Financial amid ongoing regulatory risks at Kakao. The tech firm said in a public disclosure Wednesday it has arrived at a mutual consensus with Siebert...
December 20, 2023
[KH Explains] What’s behind life insurance companies' rush into senior care industry?

With some 5,000 on the waitlist for the 180 units in the two Villages, the company said it plans to open three more nursing homes and centers each in the capital by 2025. Shinhan Life is also aiming to open its first senior welfare housing complex in Eunpyeong-gu, northwestern Seoul, by around 202...
December 20, 2023
Mirae Asset founder recognized as global business leader

Mirae Asset Financial Group founder and Chairman Park Hyeon-joo received the International Executive of the Year Award from the Academy of International Business, a leading association of scholars and specialists in international business, according to the finance firm's announcement Tuesday. The ...
December 20, 2023
Korea should be 'rule setter': KCCI chief

South Korea should step up to become a "rule setter" from being a "rule taker" by collaborating with Japan, as well as keep a balance between the United States and China, SK Group Chairman Chey Tae-won, who doubles as chairman of the business lobby group Korea Chamber of Commerce and Industry. Und...
December 20, 2023
Harim takeover of debt-ridden HMM draws concerns

Harim Group’s consortium was named as the preferred bidder for debt-ridden container ship company HMM, leaving concerns about how it would fund the acquisition worth 6.4 trillion won ($4.9 billion), industry sources said Tuesday. Outbidding rival Dongwon Group, the company is expected to take ove...
December 20, 2023
Shinsegae Duty Free, Cathay Pacific partner to draw in independent travelers

Shinsegae Duty Free, Korea's leading duty-free brand, said Tuesday it has joined hands with Hong Kong airline Cathay Pacific to establish a membership mileage partnership program. This marks the first time for a domestic duty-free company to enter into a marketing agreement with a global air carrie...
December 20, 2023
Hyundai Motor donates W35b to charity

Hyundai Motor Group said Tuesday that it has donated 35 billion won ($26.8 million) to Community Chest of Korea, a nonprofit organization and state-sanctioned charity. The South Korean auto conglomerate has taken part in CCK’s year-end campaign for helping the underprivileged since 2003. Hyundai ...
December 20, 2023
Coupang to buy British online retailer Farfetch

South Korean e-commerce giant Coupang announced Tuesday it plans to acquire the British luxury online platform Farfetch, in a bid to strengthen its competitiveness in the fashion and luxury industry. Coupang will inject $500 million into the London-based retailer that sells high-end fashion and je...
December 20, 2023
French business tycoons visit Korea to meet with KCCI

Business lobby group Korea Chamber of Commerce and Industry held a meeting with delegation of the Movement of the Enterprises of France (MEDEF), the largest employer federation in France, to discuss ways to develop cooperation in the fields of human resources and business between the two countries....
December 20, 2023
Hyundai Motor to sell auto plant in Russia

Hyundai Motor Group said Tuesday it has decided to sell its entire shares of its car manufacturing plant in Russia, which has been temporarily shut down because of Russia's invasion of Ukraine, to a Moscow-based company, ending a decadelong operation. The carmaker’s board of directors approved se...
December 19, 2023
Korea's top 5 banks brace for losses from foreign real estate projects

South Korea’s top commercial banks -- KB Kookmin, Shinhan, Hana, Woori and NongHyup -- are facing a potential risk of suffering losses in overseas real estate investments amid a slowdown in the global property market following persistent high rates. The balance of overseas real estate funds sold ...
December 19, 2023
LG Innotek develops wireless battery management system for EVs

LG Innotek said Monday it has developed a wireless battery management system, or BMS, for electric vehicles that significantly improved battery performance. The BMS is an essential EV component that optimizes a battery’s performance and lifespan by monitoring battery voltage, electric current and...

71 72 73 74 75 76 77 78 79 80

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