BUSSINESS
November 21, 2024 11:21am
Celltrion to buy back its shares for 5th time this year
South Korean biopharmaceutical firm Celltrion Inc. said Thursday it will spend around 100 billion won ($71.5 million) to buy back its shares for the f...
November 21, 2024 11:04am
Lotte Group says total assets stand at W139t, shrugging off liquidity concerns
Lotte Group, one of South Korea's largest conglomerates, on Thursday refuted concerns of a liquidity crisis, stating its total assets, including ...
November 21, 2024 10:20am
SK hynix begins production of world's first 321-layer NAND flash memory chips
SK hynix said Thursday it has started mass production of the industry's first triple-level cell-based 321-layer NAND flash memory chips. NAND fla...
November 21, 2024 10:07am
EU says T'way Air's commitments in Korean Air-Asiana merger fulfilled; final approval yet pending
South Korea's exports increased 5.8 percent on-year in the first 20 days of this month, driven primarily by strong global demand for semiconducto...
November 20, 2024 04:07pm
[Herald Interview] How Gopizza got big in India
South Korean pizza chain Gopizza is strengthening its foothold in the Indian market by blending food technology with the distinct flavors of Korean cu...
November 20, 2024 02:52pm
Hanwha, HD Hyundai chiefs welcome second Trump era
As Korean industries brace for a second nonconsecutive term of US President-elect Donald Trump, leaders of Korean defense and shipbuilding companies &...
November 20, 2024 02:31pm
Coway unveils winter-ready home appliances
South Korean home appliance maker Coway has introduced new products designed to improve indoor air quality and provide personal comfort during the win...
November 20, 2024 02:29pm
Posco shuts down wire rod mill on oversupply concerns
South Korean steel giant Posco Group said Wednesday that it will shut down a wire rod mill at its steelworks in Pohang, North Gyeongsang Province, cit...
November 20, 2024 02:29pm
Samsung Biologics hits W5tr in annual orders
Samsung Biologics said Wednesday that its cumulative orders this year have exceeded 5 trillion won ($3.59 billion), driven by consecutive large-scale ...
November 20, 2024 02:28pm
[KH Explains] Dissecting Hyundai Motor's lobbying in US
Hyundai Motor Group is on track to report record-high spending for lobbying in the United States this year as the Korean auto conglomerate continues t...
November 20, 2024 02:04pm
[Photo News] IBK-Mizuho partnership
Industrial Bank of Korea Chairman and CEO Kim Sung-tae (right) and Kato Masahiko, president and CEO of Japan's Mizuho Bank, pose for a photo duri...
November 20, 2024 11:17am
Samsung obtains European certification for camera software
Samsung Electro-Mechanics said Wednesday it has achieved the automotive spice (A-spice) level 3 certification for its camera modules used in automotiv...
November 19, 2024 07:21pm
Posco shuts down wire rod mill in Pohang amid supply glut
South Korea's leading steelmaker, Posco, said Tuesday it shut down a wire rod mill in its factory in the southeastern city of Pohang in an effort...
November 19, 2024 06:22pm
3 die of suffocation at Hyundai Motor’s Ulsan plant
Three researchers died of suffocation during a vehicle testing at Hyundai Motor Company’s car manufacturing plant in Ulsan, some 300 kilometers southe...