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Reporter
: Kim Yoo-chul
Sun, January 29, 2023 | 11:45
Mobile exit, pandemic consumer habits hugely benefit LG Electronics
LG Electronics reported stellar second-quarter earnings results thanks to rising demand for electronic gadgets amid the continued COVID-19 pandemic, while its decision to pull out of the money-losing handset business also helped its bottom line.
Tech
| 2021-07-29 16:57
Moody's upgrades ratings outlook on Jeonbuk, Gwangju banks
Moody's Investors Service has left unchanged its A3 credit ratings on JB Financial Group's two banking affiliates - Jeonbuk Bank and Gwangju Bank - and revised up its outlook for the banks to “positive” from “stable.”
Companies
| 2021-07-29 15:28
LGES to set up battery joint venture with Hyundai Motor
LG Energy Solution (LGES), one of the world's largest electric vehicle battery manufacturers, has ...
Companies
| 2021-07-29 14:48
[ANALYSIS] What matters most in Samsung's foundry business?
For Samsung Electronics, an obvious strategy in its ambitious high-stakes initiatives - to transform the company into a global top player in contract-based chip manufacturing - will clearly be a transformational pursuit, as the top memory chipmaker is asked to move into the profitable foundry business.
Tech
| 2021-07-28 16:53
Apple leans toward LG as BOE struggles
Apple, which is ramping up production of its latest iPhones and iPads, is leaning toward asking LG and Samsung's display affiliates to supply more small and mid-sized OLED panels. The move comes as Chinese display manufacturer BOE continues to struggle to improve the quality of its small- and mid-sized OLED displays for use in Apple's products.
Tech
| 2021-07-25 14:44
Internet bank's IPO hastens banking groups' dividend payment
Ahead of the planned initial public offering (IPO) of KakaoBank, Korea's largest mobile-only bank, major local banks are planning for the highest dividends payout this year.
Companies
| 2021-07-22 16:55
Korea Investment slammed for getting 'favor' in KakaoBank IPO
GM, SsangYong, DSME deal trouble burdening Korea Development Bank
Deepening trouble seen at General Motors Korea (GM Korea) and SsangYong Motors with the European Union delaying an approval of Hyundai Heavy's proposed merger with Daewoo Shipbuilding and Marine Engineering (DSME) is testing Korea Development Bank (KDB)'s management skill, again.
Companies
| 2021-07-21 15:01
Delta variant to ignite 'short-term correction'
In tandem with the global stock market rally, both the KOSPI and Kosdaq have been enjoying very strong performances so far this year. The question is, will the country's equity market be able to keep its bullish momentum?
Markets
| 2021-07-20 16:38
4th COVID-19 wave threatens Korean economy
Semi-lockdown in Seoul drags down markets
South Korean stock markets ended lower on Friday as investor sentiment took a hit following the government's decision to raise social distancing guidelines to the highest level in the Seoul metropolitan area.
Markets
| 2021-07-09 17:01
Korea imposes toughest social distancing measures in capital area
Yanolja investors enjoy boost on news of SoftBank's stake purchase
Companies that invested in Yanolja, Korea's leading short-stay hotel booking service operator, saw their own stock prices rise on Thursday following reports that SoftBank's Vision Fund decided to purchase a 10 percent stake in the startup.
Markets
| 2021-07-08 16:57
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People attempt to cut surging heating costs with creative solutions
Cabinet ministries turn deaf ear to watchdog's advice on sexual minorities
More Korean manufacturers enjoy Georgia's hospitality
Seoul to work with Hanoi to pursue peace on Korean peninsula
Superintendent of Seoul Education Office gets suspended jail term
SK E&S retains gov't support for Barossa gas project in Australia
Indonesia celebrates 50th anniversary of diplomatic ties with Korea via virtual event
LGES to capitalize on US IRA, Tesla partnership to continue record earnings
KT&G aims to become global top-tier company
Cambodian ministers highlight potential for growth, cooperation
Nepal plane crash