EconomyLoop
where regional business news becomes global to everyone

Hugel to establish U.S. unit to sell injectable beauty products overseas

South Korea??s botulinum toxin maker Hugel Inc. said on Wednesday it will set up a subsidiary in the U.S. to explore market ... read more

 Pulse News16 days ago

     
Hotel Shilla expand ties with China??s Ctrip ahead of holiday season

Hotel Shilla, one of South Korea??s top three duty-free store operators, moved fast to ride on improving relationship between ... read more

 Pulse News16 days ago
Hyundai Mipo christens car ferry ship serving Incheon and Weihai route

South Korean shipbuilder Hyundai Mipo Dockyard said on Wednesday it held a christening ceremony for a 31,000-gross tonnage ro-ro ... read more

 Pulse News16 days ago
Hyundai, Kia??s Aug sales in US up 3.5% on brisk SUV sales

Sales of South Korea??s top automaker Hyundai Motor Co. and its sister company Kia Motors Corp. in the United States recovered ... read more

 Pulse News16 days ago
Top 10 corporations responsible for 44.2% of S. Korea??s economy

Combined revenue of South Korea??s top 10 conglomerates accounted for nearly half of the country??s $1.53 trillion gross ... read more

 Pulse News16 days ago
Daeho AL and three Korean firms accused of accounting fraud

South Korea??s top financial watchdog found four local firms guilty of breaching accounting rules, bringing the trading of one ... read more

 Pulse News16 days ago
??Data (Source: BOK)

??Balance of Payments during July 2018 (preliminary)1. During July 2018 the Korean current account registered a surplus of 8.76 ... read more

 Pulse News16 days ago
S. Korea, Belarus seek to boost business ties in roundtable event

South Korean companies are hoping to find new business opportunities in Belarus, a country linking eastern Europe with Russia ... read more

 Pulse News16 days ago
Shinhan Card issues $450 million in USD-euro dual ABS

South Korea??s Shinhan Card Co. said on Wednesday that it has successfully raised $450 million in rare dual currency offering ... read more

 Pulse News16 days ago
SK Incheon Petrochem launches energy upcycling biz to power Incheon city

South Korea??s SK Incheon Petrochem Co. said on Wednesday it has signed an agreement with local business partners and Incheon ... read more

 Pulse News17 days ago
KOGAS to invest $896 mn to expand clean fuel infrastructure

South Korea??s state-run Korea Gas Corporation (KOGAS) will invest 1 trillion won ($896 million) on eco-friendly infrastructure ... read more

 Pulse News17 days ago
Hanwha Q Cells and RB Leipzig extend sponsorship contract

Hanwha Q Cells Co. said on Wednesday it has secured its international partnership with German top-flight football club RB ... read more

 Pulse News17 days ago
S. Korea??s Coway launches air purifier brand in Japan

Coway Co., South Korea??s leading water and air purifier maker, said on Wednesday that it has added air purifier business in ... read more

 Pulse News17 days ago
Doosan Heavy teams up with Dell EMC in digital alliance

South Korea??s Doosan Heavy Industries & Construction Co. said Wednesday it has partnered with Dell EMC, an American computing ... read more

 Pulse News17 days ago
Korean investment firms?? AUM tops $898bn in Q2

South Korean investment firms?? assets under management topped a milestone of 1,000 trillion won ($897.6 billion) at the end of ... read more

 Pulse News17 days ago
KB Asset Management opens office in Shanghai

Korea??s KB Asset Management Co. opened a local entity in Shanghai to explore more business opportunities in China under the ... read more

 Pulse News17 days ago
LG Electronics supplies solar power modules to LA Lakers?? training facility

South Korea??s LG Electronics recently provided solar power modules to a new solar system powering the Los Angeles Lakers?? ... read more

 Pulse News17 days ago
Latest regulatory filings(04~05/09/2018)

??ING Life Insurance Korea(Stock Market)-Material Management Information related to Judgment of Investment??Kakao(Stock ... read more

 Pulse News17 days ago
Shinhan Financial endorses $2.1 billion buyout of former ING Life

South Korea??s leading Shinhan Financial Group Co. will take over a controlling stake in OrangeLife, formerly ING Life Insurance ... read more

 Pulse News17 days ago
Korean resort operator Daemyung to spin off leisure business

Daemyung Leisure Industry Co., South Korea??s largest operator of resorts and hotels, will spin off its theme and leisure ... read more

 Pulse News17 days ago
GS Supermarket sales in Indonesia up 48% during Asian Games

South Korea??s GS Retail Co., supermarket and convenience store operating unit of GS Group, said Tuesday its supermarket unit GS ... read more

 Pulse News17 days ago
Korea??s Daishin Securities invests $109.8mn in two Manhattan buildings

Daishin Securities Co., a South Korean mid-sized securities company, will invest total 122.7 billion won ($109.8 million) in two ... read more

 Pulse News17 days ago
Samsung Engineering wins $3 bn orders from UAE

South Korea??s Samsung Engineering Co. has bagged two deals worth a combined 3.42 trillion won ($3.06 billion) from Abu Dhabi ... read more

 Pulse News17 days ago
??Data (Source: BOK)

??Korea`s Official Foreign Reserves(August 2018)1. Korea`s official foreign reserves as of the end of August 2018 amounted to ... read more

 Pulse News17 days ago
Samsung Life Insurance in talks to sell 30 Greshem Street in London

Samsung Life Insurance Co., insurance arm of South Korea??s top conglomerate Samsung Group, is in talks to sell an office ... read more

 Pulse News17 days ago
Six financial firms named for comprehensive screening this year

Six financial firms have been named by South Korea??s financial regulator as the first target of a comprehensive inspection that ... read more

 Pulse News17 days ago
CrystalGenomics signs $178.5 mn conditional deal to supply Acelex to Brazil

South Korea??s biopharmaceutical company CrystalGenomics Inc. has signed a 198.9 billion won ($178.5 million) supply deal with ... read more

 Pulse News18 days ago
Korea??s August CPI up 1.4%, decelerates from previous month

South Korea`s consumer price index edged up 1.4 percent last month from a year earlier on a rise of agricultural goods and the ... read more

 Pulse News18 days ago
K-food Fair to kick off Sept. 5-6 in Los Angeles

South Korea will be hosting a food fair in Los Angeles this week, riding on the growing wave of K-pop to capture the taste buds ... read more

 Pulse News18 days ago
Hanwha??s defense units showcase advanced weaponry in Australia

Hanwha Land Systems Co. and Hanwha Defense Systems Corp., the defense units of South Korea??s Hanwha Group, announced Tuesday ... read more

 Pulse News18 days ago
S. Korea??s Q2 GDP up 0.6%, revised down from preliminary 0.7%

South Korea??s gross domestic product (GDP) grew 0.6 percent in the second quarter against the previous three-month period, ... read more

 Pulse News18 days ago
Latest regulatory filings(03~04/09/2018)

??Kakao(Stock Market) -Adjustment of Conversion??Warrant Exercise??Exchange Price ??INDUSTRIAL BANK OF KOREA(Stock ... read more

 Pulse News18 days ago
Daewoo Elec wins best brand award from Alibaba Group

Daewoo Electronics Co., the electronics unit of South Korea??s Dayou Group, said Tuesday it has won a best brand award from ... read more

 Pulse News18 days ago
Aekyung Industrial joins hands with JW Shinyak to launch dermocosmetics

South Korea??s household and personal care product maker Aekyung Industrial Co. announced Tuesday that it signed a memorandum of ... read more

 Pulse News18 days ago
LS C&S bags $36 mn submarine cable deal in Malaysia

South Korea??s leading cable maker LS Cable & System Ltd. said Tuesday it has clinched a 40 billion won ($35.9 million) order to ... read more

 Pulse News18 days ago
Korea??s cosmetics ODM/OEM Bonne to move to Kosdaq from Konex

South Korea??s small cosmetics maker Bonne Co. is prepping to move on to the country`s secondary Kosdaq bourse from the smaller ... read more

 Pulse News18 days ago
SK Group??s Eleven Street stands alone as e-commerce platform firm

South Korea??s online shopping mall 11st.com demerged from SK Planet Co. officially announced on Monday its fresh start as an ... read more

 Pulse News18 days ago
GM Korea??s auto sales dip 44.1% on year in August

GM Korea, the Korean unit of U.S auto giant General Motors that got bailouts from its parent company and the South Korean ... read more

 Pulse News18 days ago
H&M to open first hypermarket store in S. Korea

Sweden??s fast fashion giant H&M is set to open an outlet in a hypermarket in South Korea, making a foray into a new ... read more

 Pulse News18 days ago
??Data (Source: BOK)

??Gross National Income : 2nd Quarter of 2018 (Preliminary) 1. Real gross domestic product (real GDP, chained volume measure ... read more

 Pulse News18 days ago
?? Data (Source: Statistics Korea)

??Consumer Price Index in August 20181. The Consumer Price Index was 104.91(2015=100) in August 2018. The index increased 0.5 ... read more

 Pulse News18 days ago
S. Korea??s fruit imports hit all-time high in 2017

South Korea??s fruit imports reached an all-time high last year as Korean consumers are seeking for more variety such as of ... read more

 Pulse News18 days ago
S. Korea??s Posco to triple capex till ??23 to $40.5 bn

South Korea??s leading steelmaker Posco will nearly triple its investment over the next five years to 45 trillion won ($40.5 ... read more

 Pulse News19 days ago
BTS??s second No.1 score on Billboard 200 lifts relevant stocks

Investors turned to relevant stocks upon news that South Korean boy band BTS has hit another home-run with latest album that ... read more

 Pulse News19 days ago
Macquarie Capital Korea to finance solar farm in Goesan, Korea

Macquarie Capital Korea, the local operation of Australian investor in infrastructure, will be financing development of solar ... read more

 Pulse News19 days ago
Hyundai Motor changes Chinese commercial vehicle partner to Sichuan Energy

South Korea??s top automaker Hyundai Motor Co. has changed its Chinese partner for commercial vehicle production to Sichuan ... read more

 Pulse News19 days ago
LIG Nex1 inks $163 mn counter-battery radar system deal

LIG Nex1, a South Korean aerospace and defense company, announced on Monday it has signed a supply contract connected to the ... read more

 Pulse News19 days ago
Latest regulatory filings(31/08~03/09/2018)

??SHINHAN FINANCIAL GROUP(Stock Market) -Organization of Investor Relations Event??Paradise(KOSDAQ Market) -Report on Business ... read more

 Pulse News19 days ago
Samsung Heavy wins extra order for shuttle tanker, 34 so far in ??17 order book

South Korea??s Samsung Heavy industry said on Monday it has won an order for one additional shuttle tanker as an option to the ... read more

 Pulse News19 days ago
Samsung C&T to open running specialty store of U.S. Brooks Running in Seoul

South Korea??s Samsung C&T Corp., the fashion and trading arm of Samsung Group, announced Monday that it will sell products of ... read more

 Pulse News19 days ago