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Reporter : Lee Kyung-min
Tue, November 28, 2023 | 18:51
BOK likely to freeze key rate this month
The Bank of Korea (BOK) is likely to freeze its policy rate this month, as aided by the U.S. Federal Reserve’s less hawkish-than-expected stance overnight and subsequent reduced risk of a further rate gap between the two countries, Thursday.
Battery stocks plummet due to concerns over softening EV demand
The local stock market bounced back slightly, Wednesday, a day after it fell sharply due to the plunging share prices of rechargeable battery manufacturers brought on by dampening investor sentiment over a softening of demand for electric vehicles (EV).
Woori Bank to open two new branches in India in H1 2024
Woori Bank will open two new branches in India, the world’s leading emerging market, the local lender said Tuesday.
Hankook Tire leads carbon neutrality drive
Hankook Tire & Technology is advancing carbon neutrality through efforts to outline and meet tangible reduction goals under the guidance of the Science Based Targets initiative (SBTi), a framework for best practices in emissions reductions and net-zero targets in line with climate science.
Hyundai Steel bolsters low-carbon marketing with HyECOsteel
Hyundai Steel plans to launch HyECOsteel, a low-carbon brand, to bolster brand marketing in line with the global carbon-neutral transformation in the automobile and shipbuilding industries. HyECOsteel has a strong commitment to “green steel” manufacturing, it added.
'Team Korea' wins $446 mil. solar energy contract in US
A team of Korea's state-run and private entities, as well as sovereign funds, have won a 600 billion won ($446 million) solar energy business contract in the U.S., according to market watchers, Sunday.
Korea to join $140 bil. project to rebuild Ukraine's transport, energy infrastructure
The government plans to support efforts by state-run and private construction companies involved in a $140 billion (180 trillion won) project to rebuild war-torn Ukraine's transport infrastructure and energy sectors, according to government ministries and observers, Sunday. About 70 trillion won will be handled by Samsung C&T, Hyundai Engineering & Construction, Kolon Global,...
[Contribution] Journey of Korean strawberries around the world
I remember buying tons of strawberries in a red basket at the market as a child. I remember popping two or three strawberries into my mouth at once because of the small size of each strawberry. I remember eating them a day after I bought them, half of them shriveled up, and some were so sour that I had to sprinkle sugar on them.
Korea to elevate garden crops as globally recognized 'K-exports'
Korea plans to bolster locally grown horticultural crops, otherwise known as garden crops, as high-quality, healthy and fresh produce, an agriculture ministry-affiliated institute said Monday.
Food tech startups on rise, looking to offer robot-mediated services
A growing number of food tech services are moving to introduce artificial intelligence (AI) and robot-mediated services, in a move to integrate the advanced technologies with businesses seeking to cut fixed labor costs and fortify overall efficiency, market watchers said Thursday.
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