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The Korea Herald

Markets

November 24, 2023
KB highlights anti-fragility as 2024 investment strategy

KB Financial Group held a conference Thursday, diagnosing the current market situation and sharing with its individual and corporate clients the group’s future investment philosophies to tackle uncertainties surrounding the global market. Titled “KB Investor Insights 2024,” the event was held a...
November 24, 2023
Kim Sung-hwan tapped as Korea Investment & Securities CEO

South Korean financial group Korea Investment Holdings announced Thursday that it has selected Kim Sung-hwan, the executive vice president and head of private customer business of its brokerage subsidiary Korea Investment & Securities, as the final candidate for the brokerage firm’s CEO position. ...
November 24, 2023
Tesla opens Superchargers to rivals in South Korea

Tesla has begun making its Superchargers in Korea accessible to all non-Tesla electric vehicles, tightening its grip on the mobility charging network on the home turf of Hyundai and Kia. Starting Wednesday, non-Tesla electric cars can use around 570 of the EV maker’s V3 chargers that can give 261...
November 24, 2023
K-food exports surpass $10b milestone in November

Rice-processed foods, particularly gimbap, have gained substantial popularity in the US and Europe, recording $190 million by the third week of November, marking a 17.9 percent increase from last year. The market for frozen and packaged gimbap, recently introduced in the US, is also witnessing sign...
November 24, 2023
[KH Explains] Why Hyundai Motor is pursuing future mobility in Singapore

Hyundai Motor Group on Tuesday held a grand opening ceremony for the Hyundai Motor Group Innovation Center Singapore, a non-traditional vehicle manufacturing facility filled with cutting-edge technologies such as artificial intelligence, automation, data analysis and robotics. As for the question o...
November 24, 2023
[From the Scene] Jewel Changi offers glimpse of how to make airport fun

SINGAPORE -- A picturesque scene unfolds at the Jewel Changi Airport -- a lush entertainment and retail complex hemmed in and connected to Changi Airport, the main gateway to Singapore. The metallic-hued automated people mover dubbed the Changi Airport Skytrain smoothly glides across a rail standi...
November 24, 2023
S-Oil builds technical center to advance R&D competitiveness

South Korean oil refiner S-Oil said Thursday that the company has completed the construction of the Technical Service & Development Center in western Seoul to strengthen its future business areas with sustainability. “The TS&D Center will work to minimize the impact of our products on the environ...
November 24, 2023
LG Display appoints LG Innotek chief as new CEO

LG Display appointed Jeong Cheol-dong, currently LG Innotek president as its new chief executive officer in a regular reshuffle on Thursday. The display panel maker said its board of directors appointed Jeong, an LG veteran who has served at a number of LG Group affiliates including LG Display and...
November 24, 2023
Top conglomerates to start executive reshuffles

South Korean conglomerates are set to carry out regular reshuffle of executives to gear up for the coming year, starting with LG Group this week. Samsung Electronics, SK Group and Hyundai Motor Group, the top three conglomerates in order, are expected to conduct their regular executive reshuffles ...
November 24, 2023
Two CEOs to lead Mirae Asset Global Investments

Mirae Asset Global Investments, an asset management company under Mirae Asset Financial Group, named two vice chairs, Choi Chang-hoon and Rhie Chun-yong, as chief executive officers of the firm in a shareholders meeting Thursday. Choi, who has held the co-CEO post since 2021, will serve another te...
November 23, 2023
[From the Scene] Incheon Airport goes global to Batam, Indonesia

By Lee Yoon-seo ( yoonseo.3348@heraldcorp.com )
November 23, 2023
Kakao Bank to halve international wire fees

Kakao Bank, an internet-only bank, launched promotional events on Wednesday for overseas remittance service users, as it recently hit over a cumulative 3 million international wire transfers. Both new and existing customers sending money internationally will automatically receive a 50 percent disc...
November 23, 2023
LG Energy Solution names new CEO to propel growth

With the upcoming leadership reshuffle, Kwon, an LG veteran who has led several key affiliates, including LG Display and LG Uplus, will be leaving after 44 years of service at the nation’s fourth-largest conglomerate. In 2018 when Chairman Koo Kwang-mo took the top seat following his father Koo B...
November 23, 2023
[From the Scene] HD Hyundai to expand military vessel business

By Kan Hyeong-woo ( hwkan@heraldcorp.com )
November 23, 2023
T1's fourth LoL win to pump up valuation

T1, the world’s top League of Legends esports company, is anticipated to reach a higher valuation and near the financial break-even point next year after winning the 2023 World Championship title, SK Telecom’s investment arm and T1’s majority shareholder SK Square said Monday. This victory was ...

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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
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