EconomyLoop
where regional business news becomes global to everyone

S. Korean govt to seek extra budget to create jobs for the youth

The South Korean government plans to propose a supplementary budget on top of this year??s record-high 429 trillion won ($401 ... read more

 Pulse News48 days ago

     
Cheongju in S. Korea expands flights to Asian cities, reopen route to Osaka

South Korea??s budget carrier Eastar Jet Co. will renew regular flights from Cheongju in North Chungcheong Province, Korea to ... read more

 Pulse News48 days ago
S. Korea??s Fashion Group Hyungji enhances footwear business

South Korea??s Fashion Group Hyungji Co. has launched a new shoes lineup under its mainstay women??s wear brand as part of ... read more

 Pulse News48 days ago
Korean PEF H&CK invests $4.7mn in Indonesia??s EV Hive

South Korea??s private equity fund H&CK Partners invested 5 billion won ($4.7 million) in EV Hive, the largest collaborative ... read more

 Pulse News48 days ago
Seoul Semi sues light bulb sellers and maker in U.S. for patent breach

South Korea??s light-emitting diode (LED) maker Seoul Semiconductor Co. has filed three separate patent infringement lawsuits ... read more

 Pulse News48 days ago
SK Innovation breaks ground for EV battery plant in Hungary

South Korean battery maker SK Innovation Co. has chosen Hungary as its first European production base to produce batteries that ... read more

 Pulse News48 days ago
Lotte vice chair discusses investment projects with Vietnamese PM

Lotte Group pressed ahead with campaigns to increase presence in Vietnam despite a leadership vacuum caused by the jailing of ... read more

 Pulse News48 days ago
Samsung Electronics shutters yet another mobile content service

Samsung Electronics said on Thursday it has informed customers that it is discontinuing Story Sharing feature in the Galaxy ... read more

 Pulse News48 days ago
Latest regulatory filings (08/03/2018)

?? COWAY(Stock Market) - Decision on Closure of Shareholder`s Registry(Including the record date) for Quarterly/Interim ... read more

 Pulse News48 days ago
Samsung SDS to expand logistics biz with AI, blockchain technologies

Samsung SDS Co., a logistics and information technology solutions unit of South Korea??s largest conglomerate Samsung Group, ... read more

 Pulse News48 days ago
AmorePacific??s Mamonde cosmetics make inroads in U.S.

South Korea??s largest cosmetics conglomerate AmorePacific Group has launched its key brand Mamonde for the first time in the ... read more

 Pulse News49 days ago
Uber teams up with Shinhan Card in hopes to bolster its biz in Korea

Uber, struggling to keep business on the roads of South Korea despite multiple regulation and legality challenges, signed a ... read more

 Pulse News49 days ago
Celltrion rebounds after plunge on block deal as shares end up with NPS

Korea??s bio bellwether Celltrion bounced back on Thursday after a plunge in the previous session upon news that major pension ... read more

 Pulse News49 days ago
Audi becomes first foreign auto brand to test autonomous car in Korea

German automobile mogul Volkswagen Group??s premium brand Audi will put its A8 Level 3 autonomous vehicle on the roads in South ... read more

 Pulse News49 days ago
Samsung touts ??18 QLED TVs are bigger and smarter

Samsung Electronics Co. showcased its next generation of QLED TVs at an event in New York City, a lineup with stronger emphasis ... read more

 Pulse News49 days ago
LG Group granted most patents in Europe

LG Group, a South Korean major conglomerate with more than 20 affiliated companies in electronics, chemical, telecommunications ... read more

 Pulse News49 days ago
CJ Hello ventures into energy management business

CJ Hello, the entertainment and media unit of South Korea??s CJ Group, said on Thursday it has kicked off ??Power Cloud?? ... read more

 Pulse News49 days ago
Kakao Bank seeks to up capital by $468 mn via stock issue

South Korea??s second online-only bank Kakao Bank seeks to bolster paid-in capital by 500 billion won ($467.6 million) through ... read more

 Pulse News49 days ago
Samyang Foods settles legal battle with Samyang USA

South Korea??s food manufacturer Samyang Foods Co. reached an out-of-court settlement with its U.S. subsidiary Samyang USA to ... read more

 Pulse News49 days ago
Korea??s LG Innotek seeks to be top UV LED company this year

LG Innotek, materials and component making unit of South Korean conglomerate LG Group, has set its sights on becoming the global ... read more

 Pulse News49 days ago
Govt opts to save Sungdong, STX through reorganization

The South Korean government decided to keep two financially-troubled mid-sized shipbuilders Sungdong Shipbuilding & Marine ... read more

 Pulse News49 days ago
Latest regulatory filings (07/03/2018)

?? HANWHA LIFE INSURANCE(Stock Market) - Decision on Cash Dividend and Dividend in Kind- Other Management Information- Other ... read more

 Pulse News49 days ago
S. Korea to discuss port development plan with El Salvador

South Korea will discuss details about the improvement and development of two major ports in El Salvador with the Central ... read more

 Pulse News49 days ago
HanbitSoft plans ICO of its own bryllite coin in Hong Kong

HanbitSoft Inc., a South Korean publisher and developer of online games, will seek an initial coin offering (ICO) of its native ... read more

 Pulse News49 days ago
FSC chief promotes Kosdaq to lure foreign investors in Hong Kong

Choi Jong-ku, chairman of South Korea??s Financial Services Commission (FSC), pitched for the secondary Korean stock market to ... read more

 Pulse News50 days ago
Korea??s Yanolja goes global in partnership with Rakuten on mobile travel platform

Yanolja, Korea`s largest online to offline (O2O) accommodations service provider, announced on Wednesday it has formed an ... read more

 Pulse News50 days ago
?? Data (Source: Statistics Korea)

?? Consumer Price Index in February 2018 1) The Consumer Price Index was 104.26(2015=100) in February 2018. The index increased ... read more

 Pulse News50 days ago
South Korean curling heroes ??Garlic Girls?? to sweep to LG Elec robot cleaners

Bespectacled and focused skip and the rest of the silver-winning ??Team Kim?? will feature in ads for LG Electronics appliances ... read more

 Pulse News50 days ago
Samsung Elec hopeful content-armed Galaxy S9 to do better in China

Samsung Electronics said on Tuesday it is more hopeful in restoring its pitiful reputation in China through its latest series of ... read more

 Pulse News50 days ago
Doosan Infracore sports latest engine tech at power event in Dubai

South Korea??s leading construction equipment maker Doosan Infracore Co. said on Wednesday that it unveiled its latest ... read more

 Pulse News50 days ago
Korean shipyards top February orders in global rank

South Korean shipyards topped global scale in booking new orders in February by dominating more than half of order placements ... read more

 Pulse News50 days ago
FarmHannong to set up first overseas research center in Thailand

FarmHannong Co., a South Korean crop protection and fertilizer producer, will open its first offshore research center in ... read more

 Pulse News50 days ago
?? Data (Source: BOK)

?? Balance of Payments during January 2018(preliminary)1)During January 2018 the Korean current account registered a surplus of ... read more

 Pulse News50 days ago
Samsung Engineering wins $470mn waste heat recovery plant deal in UAE

Samsung Engineering Co., the construction unit of South Korea??s Samsung Group, sealed a $470 million deal for a waste heat ... read more

 Pulse News50 days ago
Hanwha Advanced Materials to exhibit automotive materials in Paris

South Korea??s Hanwha Advanced Materials Corp. is showing off its prowess in advanced automotive materials at the world??s ... read more

 Pulse News50 days ago
KEPCO achieves $93 mn in potential smart energy orders in Japan

Korea Electric Power Corp. (KEPCO) said on Tuesday the state utility and others from Korea were tapped for potential deals worth ... read more

 Pulse News50 days ago
Korea??s food company Our Home to operate hotel business in Vietnam

South Korea??s foodservice and catering provider Our Home Ltd. will enter the Vietnamese hospitality industry by partnering with ... read more

 Pulse News50 days ago
KCC completes expansion of auto glass production line

South Korea??s building and industrial materials manufacturer KCC Corp. has completed construction to scale up automotive glass ... read more

 Pulse News50 days ago
HiteJinro drops plan to sell Masan brewery to use it as soju distiller

HiteJinro Co, a leading beer and distilled rice liquor soju manufacturer of South Korea, will employ its beer brewery in Masan ... read more

 Pulse News50 days ago
Kia Soul sales top 1 mn units in the US market

South Korea??s second largest automaker Kia Motors Corp. has achieved 1 million sales milestone with its compact crossover SUV ... read more

 Pulse News50 days ago
Latest regulatory filings (06/03/2018)

?? INDUSTRIAL BANK OF KOREA(Stock Market) - Organization of Investor Relations Event?? SAMSUNG BIOLOGICS(Stock Market) - ... read more

 Pulse News50 days ago
New business launches in S. Korea surge in January on booming exports

The number of newly established businesses rose 24.5 percent on year in January to surpass a 10,000 threshold for the first time ... read more

 Pulse News50 days ago
LG Electronics?? heat pump dryer top rated by Australia??s consumer group

LG Electronics Inc.??s condensing dryer has topped ratings of Australia??s leading monthly consumer magazine Choice, the South ... read more

 Pulse News50 days ago
S. Korea??s household care producer Aekyung Industry plans IPO this month

Aekyung Industry Co., a South Korean household and personal care product maker whose name and bottom line had been damaged for ... read more

 Pulse News51 days ago
Korean life insurers rush to issue hybrid securities to bolster capital

South Korean life insurance firms are rushing to issue hybrid securities to bump up their capital ahead of the implementation of ... read more

 Pulse News51 days ago
KEB Hana Bank arranges $148 mn syndicated loan for Korean auto firm??s Morocco biz

South Korea??s KEB Hana Bank has successfully arranged a syndicated loan in 120 million euros ($148 million) for Korean auto ... read more

 Pulse News51 days ago
Trade protectionism may affect Q1 earnings of LG firms: LG vice chief

The full-blown protectionist movement on the global trade front could deal a blow to LG companies?? businesses, LG Group Vice ... read more

 Pulse News51 days ago
J&W Partners buys $48 mn stake in SK Securities

SK Holdings Co. has sold its 10 percent stake in SK Securities Co. to South Korean private equity firm J&W Partners for 51.5 ... read more

 Pulse News51 days ago
Hanwha Precision and PBA Group set up jv in S??pore

Korea??s Hanwha Precision Machinery announced on Tuesday it has established a joint venture with Singapore??s precision ... read more

 Pulse News51 days ago
Hyundai Merchant Marine to bring cloud to order processing system

South Korea??s leading container carrier Hyundai Merchant Marine (HMM) said on Monday it will introduce a cloud-based order ... read more

 Pulse News51 days ago