The Korea Herald

POSCO donates W3b for forced labor victims

Aug 25, 2016

[ THE INVESTOR ] TOKYO -- POSCO has put down some 3 billion won (US$2.67 million) for a foundation established this year to aid those forced into labor by Japanese companies under colonial rule b...
[EQUITIES] Hyundai Construction expected to win US$4b in overseas orders

Aug 24, 2016

[ THE INVESTOR ] Mirae Asset Securities on Aug. 24 said it expects Hyundai Engineering & Construction to secure up to US$4 billion worth of overseas orders this year to step closer to its annual g...
[EQUITIES] Doosan Engine’s operating profit expected to reach nearly 3%

Aug 24, 2016

[ THE INVESTOR ] SK Securities expects Doosan Engine’s profitability to improve during the latter half of this year as the firm wraps up its restructuring. The engine-maker‘s operating profit rat...
Hanmi Semiconductor marks completion of 3rd plant

Aug 23, 2016

[ THE INVESTOR ] Hanmi Semiconductor , a Korean semiconductor equipment-maker celebrated the completion of its third factory in Incheon, the firm announced Aug. 22. The event follows on the heel...
S-Oil’s H1 operating profit ratio among 30 largest Korean firms

Aug 22, 2016

[ THE INVESTOR ] S-Oil posted the highest operating profit rate of 14.9 percent in the first half of this year out of Korea’s top 30 industrial groups, according to data from corporate tracker CE...
Kumho Tire supplied race tires for Masters of Formula 3 cars

Aug 22, 2016

[ THE INVESTOR ] Kumho Tire was the exclusive provider for all cars that competed in the annual Masters of Formula 3 race held in the Netherlands from Aug. 19-21, the tire-maker said Aug. 22. Ku...
[THAAD] Korea’s top entertainment firms lose stock value on THAAD

Aug 5, 2016

[ THE INVESTOR ] Local entertainment agency stocks fell to record-lows in the wake of a standoff between South Korea and China over the planned deployment of Terminal High Altitude Area Defense sys...
[EQUITIES] Daishin Securities forecasts 60% rise in Asiana’s 3Q profit

Aug 5, 2016

[ THE INVESTOR ] Daishin Securities on Aug.5 said Asiana Airlines is likely to post a 59.7 percent increase in its third-quarter profit to reach 111 billion won (US$99.35 million). The brokerage...
[THAAD] S. Korea’s THAAD deployment under attack

Aug 5, 2016

[ THE INVESTOR ] Political events often have significant impact on the economy, and South Korea’s recent decision to deploy the advanced anti-missile system Terminal High Altitude Area Defense is h...
Shinsegae waiting for Tesla Motors’ go-ahead

Aug 4, 2016

[ THE INVESTOR ] Shinsegae Group is awaiting final confirmation from Tesla Motors to open its first Korean dealership in Starfield Hanam shopping mall, officials said on Aug.4. “It is true that ...
[OIL IMPACT] External factors hamper Korea’s economy

Aug 3, 2016

[ THE INVESTOR ] A series of unfortunate events and negative factors abroad are hindering the South Korean economy from growing toward its desired targets. The impact of the U.K.’s Brexit vote was...
[OIL IMPACT] Oil funds, ETFs incur losses on price plunge

Aug 3, 2016

[ THE INVESTOR ] Oil funds and exchange-traded funds have been incurring losses over the past month on falling oil prices, according to industry data. After rising to US$51.23 per barrel in June, ...
[VW SCANDAL] VW Korea far from announcing compensation measures

Aug 2, 2016

[ THE INVESTOR ] Audi Volkswagen Korea has yet to announce monetary compensation for its customers, according to industry sources. Despite the damages the Germany-based carmaker has caused here by...
[VW SCANDAL] VW cars to face stringent tests for recertification: ministry

Aug 2, 2016

[ THE INVESTOR ] Audi Volkswagen Korea has a rocky road ahead for getting its cars recertified. Imported cars are usually required to submit related documents to receive certification from the Sou...
[VW SCANDAL] VW’s largest dealer apologizes for emission scandal

Aug 2, 2016

[ THE INVESTOR ] Klasse Auto, the largest dealer of Audi Volkswagen Korea, on Aug. 2 issued an apology to customers. “We have disappointed and worried our customers due to the latest Volkswagen s...