EconomyLoop
where regional business news becomes global to everyone

SK Group targets Southeast Asia for global business expansion

South Korea??s SK Group is eyeing expansion in Southeast Asia in a move to boost its global business in various sectors such as ... read more

 Pulse News11 hours ago

     
Hyundai Heavy wins $58 mn LPG storage tank deal in Nigeria

South Korea??s largest shipbuilder Hyundai Heavy Industries Co. has bagged a $58 million deal to build liquefied petroleum gas ... read more

 Pulse News12 hours ago
S. Korean household??s salary income further stagnates Q4

South Korean household??s income from regular payrolls hardly grew in the fourth quarter last year compared to a year earlier ... read more

 Pulse News12 hours ago
SK Magic retains top spot in Korean gas range market in 2017

SK Magic Co. commanded about 40 percent of the South Korean gas range market last year, retaining the top spot in the market for ... read more

 Pulse News12 hours ago
Hyundai E&C wins $1.1 bn land reclamation deal in Singapore

South Korea??s Hyundai Engineering & Construction Co. (Hyundai E&C) has won a $1.1 billion deal to reclaim land from the sea in ... read more

 Pulse News12 hours ago
CJ CheilJedang accelerates global campaign with Bibigo mandu

South Korean food giant CJ CheilJedang Corp. aims to make its dumpling Bibigo brand a No.1 global seller in the traditional ... read more

 Pulse News13 hours ago
KTB Asset Management invests $79 mn in 5-star hotel in London

KTB Asset Management Co. has invested 56.9 million pounds ($79 million) in a five-star hotel in London with Korean institutional ... read more

 Pulse News13 hours ago
Samsung Electronics and Qualcomm stretch contract to 7nm chips

Samsung Electronics and Qualcomm Thursday announced they were expanding decade-long foundry contract to next-generation chips ... read more

 Pulse News14 hours ago
Four bidders shortlisted for Hanwha General Chemical stake

Four bidders have been shortlisted in a bid to acquire a sizeable stake in South Korea??s Hanwha General Chemical, a former ... read more

 Pulse News14 hours ago
Nexteel may shift Thai project to Houston upon Section 232 threat

South Korean steel maker Nexteel Co. has decided to put on hold its planned project in Thailand as the country was included in ... read more

 Pulse News14 hours ago
Jailed Lotte chief resigns as chairman of Lotte Holdings Japan

Lotte Group Chairman Shin Dong-bin resigned from his post as chairman of Lotte Holdings in Japan following his conviction for ... read more

 Pulse News15 hours ago
Samsung BioLogics bags prospective $148.2 deal for its third plant

Samsung BioLogics Co. which has established the world??s largest bioreactor capacity with the completion of its third advanced ... read more

 Pulse News15 hours ago
Latest regulatory filings (21/02/2018)

?? NAVER(Stock Market)- Organization of Investor Relations Event?? NHN Entertainment(Stock Market)- Organization of Investor ... read more

 Pulse News18 hours ago
SK Innovation discovers oil in South China Sea

South Korea??s top refiner SK Innovation Co. said on Wednesday that it has succeeded in extracting oil from new oil reserves in ... read more

 Pulse News18 hours ago
South Korea??s tourism deficit hits record high in 2017

South Korea??s tourism deficit rose to a record high of $13.7 billion last year as more Koreans opted to spend both short and ... read more

 Pulse NewsYesterday
Shinsung E&C to supply $19.6 million solar cells to France

Shinsung E&G Co., a mid-sized solar energy firm in South Korea, said on Wednesday that it has signed a 21.1 billion won ($19.6 ... read more

 Pulse NewsYesterday
Unemployment rate highest in Geoje, home to shipyards in Korea

Geoje, located in southernmost tip of the mainland, showed the highest unemployment in South Korea due to struggling shipyards. ... read more

 Pulse NewsYesterday
Ssangyong Motors to launch Rexton Sports in Europe this year

Ssangyong Motors Co., the fourth largest automaker based in Korea and owned by India??s Mahindra & Mahindra, will launch its new ... read more

 Pulse NewsYesterday
Aju Group??s building for children??s education wins iF Design Award

South Korea??s construction materials making Aju Group announced Wednesday that its Aju Joeun Ggumteo, a public place for ... read more

 Pulse NewsYesterday
S. Korea??s IT Engineering to set up $74.5 mn EV plant in Gimje

IT Engineering Co., a South Korean mobility engineering service provider, has unveiled an ambitious plan to build 20,000 units ... read more

 Pulse NewsYesterday
LG Elec embarks on global roadshow to promote AI OLED TV

South Korea??s LG Electronics Inc. will ramp up its marketing efforts for new organic light-emitting diode (OLED) TVs fitted ... read more

 Pulse NewsYesterday
Korea??s SCD Pharm to export generic drugs to U.S. Glenmark

Sam Chun Dang (SCD) Pharm has sealed a 600 million won ($558,000) deal to license out its generic eye drops to U.S.-based ... read more

 Pulse NewsYesterday
Seoul Semiconductor wins patent invalidity suit against Taiwan??s Everlight

South Korea??s light-emitting diode (LED) maker Seoul Semiconductor Co. has won a suit it filed against Everlight Electronics ... read more

 Pulse NewsYesterday
S. Korea signs FTAs with 5 Central American nations

South Korea struggling against increasing protectionist barriers from the United States and China has made headway on the trade ... read more

 Pulse NewsYesterday
SK Innovation in offtake and equity deal with Australian Mines over Sconi

South Korean battery maker SK Innovation Co. signed an offtake agreement with Australian Mines Ltd. to receive supplies in ... read more

 Pulse NewsYesterday
Socius Advisors and Pine Tree Partners vying for Doosan Engine

The race to take over Doosan Engine Co., the world??s second largest marine engine maker, has narrowed down to two Korean ... read more

 Pulse NewsYesterday
Celltrion to launch Truxima in Colombia, stretch to other Latin American markets

Celltrion??s Truxima, a copy of Roche`s blockbuster blood cancer medicine, will be launched in Colombia through local ... read more

 Pulse NewsYesterday
Latest regulatory filings (20/02/2018)

?? HANWHA(Stock Market)- Prior Notice on Disclosure of Final Earnings?? SHINHAN FINANCIAL GROUP(Stock Market)- Organization of ... read more

 Pulse NewsYesterday
Lotte Corp. to hold shareholders meeting to seek approval for merger with 6 affiliates

Lotte Corp., the holding company of South Korea??s fifth-largest conglomerate Lotte Group, will hold an extraordinary ... read more

 Pulse NewsYesterday
Philippines, India agree to buy satellite images from S. Korea

South Korea will export images taken by its indigenous low-orbit observation satellites to the Philippines and India, gaining ... read more

 Pulse NewsYesterday
[Hidden Market Picks] Cell Biotech??s outlook solid on expanding probiotics market

To meet growing interest and demand in Kosdaq, venture, and smaller-cap shares in Korea, Pulse will supply news and information ... read more

 Pulse News2 days ago
Korean Air wins gold and bronze medals at wine contest in London

South Korea??s flag carrier Korean Air Lines Co. (KAL) said on Tuesday it has won gold and bronze medals at Cellars in the Sky ... read more

 Pulse News2 days ago
Korea??s Engel??s coefficient hit 17-yr high amid stagnant income

South Korea??s living standards deteriorated to the worst in 17 years last year due to steep rise in food costs amid stagnant ... read more

 Pulse News2 days ago
Samsung launches world??s first 30TB SAS SSD

Samsung Electronics has launched the largest-capacity 30 terabyte (TB) Serial Attached SCSI (SAS) interface solid date drive ... read more

 Pulse News2 days ago
Kolmar Korea named preferred bidder for CJ HealthCare auction

South Korea??s leading cosmetics original development manufacturer (ODM) Kolmar Korea Co. has moved a step closer to becoming ... read more

 Pulse News2 days ago
Hyosung to build plant in India for spandex production

Hyosung will invest $100 million to build a plant for spandex production in India by 2019, the South Korean conglomerate said ... read more

 Pulse News2 days ago
Korea??s Golden Bridge Investment to be sold to local IT firm at $39 mn

South Korea??s Golden Bridge Investment & Securities Co. has signed a contract to sell a 41.84 percent stake held by its largest ... read more

 Pulse News2 days ago
Maeil Dairies opens sarcopenia R&D center

Maeil Dairies Co., South Korea??s leading dairy and beverage producer, has opened a sarcopenia research and development center, ... read more

 Pulse News2 days ago
S. Korea??s healthcare stocks the most overvalued

Healthcare shares are deemed the most overvalued and bank ones most undervalued stocks in South Korea, according to the Korea ... read more

 Pulse News2 days ago
SK Telecom to export 5G network solution

South Korea??s top mobile carrier SK Telecom Co. said on Tuesday it will enter into a strategic partnership agreement with Nokia ... read more

 Pulse News2 days ago
Dongbu Daewoo Elec to go as Daewoo Elec at home Winia Daewoo in overseas

Dongbu Daewoo Electronics, a distant third in the South Korean home appliance industry and relatively well known white-goods ... read more

 Pulse News2 days ago
GM Executive VP back in Seoul for GM Korea deal ahead of Feb-end deadline

Barry Engle, executive vice president of General Motors (GM) and president of GM International, is back in Seoul for last-minute ... read more

 Pulse News2 days ago
Samsung Elec initiates $5.6bn building of next-gen foundry

Samsung Electronics Co. will break ground for a new foundry in Hwaseong, south of Seoul, on Friday with an aim to start ... read more

 Pulse News2 days ago
Latest regulatory filings (19/02/2018)

?? ILSUNG CONSTRUCTION(Stock Market)- Entering into Single Sales or Supply Contract?? KOREA AEROSPACE INDUSTRIES(Stock Market)- ... read more

 Pulse News2 days ago
Credit Suisse Korea delivers largest net profit among foreign IBs last year

Credit Suisse Korea, the South Korean operation of Switzerland-based financial company Credit Suisse Group AG, posted the ... read more

 Pulse News2 days ago
CVC Capital Partners consortium joins final bid for Korea??s ADT Caps

A consortium led by global private equity firm CVC Capital Partners Ltd. has submitted a final bid to acquire a full stake in ... read more

 Pulse News2 days ago
Hyundai??s Tucson dethrones Avante as best-selling vehicle in January

Hyundai Motor??s small sport utility vehicle (SUV) Tucson is more likely to become a new best-selling model of the South Korean ... read more

 Pulse News3 days ago
KAI vows to recruit 700 employees, invest $356 mn this year

South Korea??s sole military aircraft manufacturer Korea Aerospace Industries Ltd. (KAI) said on Monday it would add 700 ... read more

 Pulse News3 days ago
Hyundai Electric opens integrated electric power R&D center in Hungary

Hyundai Electric & Energy Systems Co., energy solution unit of South Korea??s leading shipbuilder Hyundai Heavy Industries Co., ... read more

 Pulse News3 days ago
Kolon Group embarks on fourth-generation management

South Korea??s conglomerate Kolon Group named Lee Kyu-ho, the eldest son of Group Chairman Lee Woong-yeul, chief executive ... read more

 Pulse News3 days ago