The Korea Herald

[EQUITIES] ‘Naver shares to slow down but maintain growth’

Oct 28, 2016

[ THE INVESTOR ] Hanwha Investment & Securities on Oct. 28 forecast Naver ’s rising share price will experience a brief slowdown, but will maintain strong growth on the back of steady earnings i...
Hyundai Glovis Q3 operating profit up 3%

Oct 27, 2016

[ THE INVESTOR ] Hyundai Glovis , Hyundai Motor Group’s logistics arm, posted 183.5 billion won (US$160.80 million) in operating profit in the third quarter, the company said in a regulatory fili...
LG chief cleared of damaging Samsung washing machines

Oct 27, 2016

[ THE INVESTOR ] The South Korean Supreme Court on Oct. 27 upheld a lower court ruling that acquitted Cho Seong-jin, CEO of LG Electronics ’ home and appliance unit, of intentionally vandalizing...
Kia suffers production loss of 64,000 vehicles in Q3

Oct 27, 2016

[ THE INVESTOR ] Kia Motors , South Korea’s second largest automaker, on Oct. 27 said it suffered a production loss of 64,000 vehicles in the July-September quarter, mainly due to a series of lab...
Kia Motors to launch new models in US, China

Oct 27, 2016

[ THE INVESTOR ] Kia Motors , South Korea’s second largest automaker, on Oct. 27 said it will release Niro hybrid crossover in the US next year, while launching four new models in China. “After ...
Kia Motors still gauging India entry

Oct 27, 2016

[ THE INVESTOR ] The nation's second largest carmaker Kia Motors said on Oct. 27 it is still gauging its entry into the Indian market, including building a new production plant there. “Nothing h...
Chevy Bolt EV to debut in Korea next year

Oct 26, 2016

[ THE INVESTOR ] General Motors’ first full electric vehicle Chevrolet Bolt will make its Korean debut in the first half of next year. The US auto giant on Oct. 26 announced the plan at the open...
BMW recalls 23 models in Korea on faulty emissions-control devices

Oct 25, 2016

[ THE INVESTOR ] German luxury carmaker BMW is recalling 23 vehicle models, including the top-selling 520d, in Korea for faulty emissions-control devices, the Environment Ministry said on Oct. 25....
Lotte seeks to purchase overseas duty-free firms: report

Oct 25, 2016

[ THE INVESTOR ] Lotte Duty Free, the duty-free unit of Lotte Group, is seeking to purchase smaller overseas duty-free businesses to resume its global expansion efforts, local media outlet Money...
Yello Digital Marketing secures US$15m investment from Partners For Growth

Oct 24, 2016

[ THE INVESTOR ] Yello Digital Marketing, the digital marketing unit local mobile app aggregator Yello Mobile, on Oct. 24 said it has received US$15 million investment from Partners For Growth, the...
Hyundai Avante ranks No. 4 globally in 2015

Oct 24, 2016

[ THE INVESTOR ] Hyundai Motor ’s flagship compact sedan Avante became the fourth best-selling car among 1,382 models in 2015, selling 913,152 units globally, industry data showed on Oct. 24. To...
Hyundai Marine, Hanjin Shipping likely to rank 38th globally after merger

Oct 21, 2016

[ THE INVESTOR ] A possible merger between South Korea’s No. 2 container liner Hyundai Merchant Marine and its larger local rival Hanjin Shipping appears to be not so lucrative, as it is expect...
CJ Korea Express, Echroba accused of unfair practices with subcontractors

Oct 20, 2016

[ THE INVESTOR ] The Small and Medium Business Administration on Oct.19 said it requested the state antitrust agency to press charges against CJ Korea Express and Echroba for unfair business pra...
Hyundai Marine mulls acquiring Hanjin Shipping’s Spanish terminal

Oct 18, 2016

[ THE INVESTOR ] Hyundai Merchant Marine is mulling acquisition of Hanjin Shipping’s terminal in Algeciras, Spain, according to industry sources on Oct. 18. HMM seeks to purchase the entire stak...
[EQUITIES]Hyundai Wia to post Q3 earnings below market estimates: analyst

Oct 18, 2016

[ THE INVESTOR ] HMC Investment Securities on Oct. 18 projected Hyundai Wia , the automotive parts unit of Hyundai Motor Group, will post earnings below market consensus in the third quarter. Hy...