The Korea Herald

POSCO cautious on merger with Hyundai Steel

Oct 26, 2016

[ THE INVESTOR ] The merger of POSCO and Hyundai Steel could be possible should the global steel industry continue its sluggish growth, a POSCO official said on Oct. 26. Speaking at the inves...
Hyundai Motor to boost domestic output in Q4

Oct 26, 2016

[ THE INVESTOR ] Hyundai Motor said on Oct. 26 that output at its South Korean plants will be increased to compensate for production lost due to recent strikes. The company’s labor union staged ...
[URGENT] POSCO Q3 operating jumps 58.7% on year

Oct 26, 2016
Hyundai Motor projects difficulties in meeting sales target

Oct 26, 2016

[ THE INVESTOR ] Hyundai Motor said on Oct. 26 that meeting the 2016 sales target will be difficult. At the investor relations event, Hyundai officials said that the target is unlikely to be met ...
[URGENT] Hyundai Motor’s Q3 operating profit drops 29% on year

Oct 26, 2016
FTC to conclude VW review on Nov. 30

Oct 26, 2016

[ THE INVESTOR ] The Fair Trade Commission’s review of the Volkswagen emmissions-rigging case will be concluded by end-November, according to industry and government sources. They noted that the F...
Hyundai Motor stresses defect free engine in new sedan

Oct 25, 2016

[ THE INVESTOR ] Hyundai Motor on Oct. 25 stressed that there will be no problems with the Theta II engine fitted in the latest version of the Grandeur sedan. The Theta II engine produced in the...
Samsung Life raises stake in securities affiliate

Oct 25, 2016

[ THE INVESTOR ] Samsung Life Insurance disclosed on Oct. 24 that it has purchased more than 6.13 million shares of Samsung Securities. The purchase was made outside of trading hours for 38,200 ...
KG Group, NHN Entertainment drop bid for McDonald’s

Oct 25, 2016

[ THE INVESTOR ] KG Group and NHN Entertainment have dropped out of the race for acquiring McDonald’s South Korean operations. On Oct. 25, KG Group said in a regulatory filing that it is dropping ...
Top 10 biz groups’ asset growth outpaces employment

Oct 24, 2016

[ THE INVESTOR ] South Korea’s top 10 conglomerates’ contribution to employment has shrunken although their assets reached a record high, data showed on Oct. 23. According to Chaebul.com that spec...
Daewoo E&C likely to be put on market early next year

Oct 24, 2016

[ THE INVESTOR ] The controlling stake in Daewoo Engineering and Construction could be put on the market early next year, according to local news reports citing unnamed finance industry sources o...
Hyundai recalls Sonata in US, Korea over sunroof issue

Oct 21, 2016

[ THE INVESTOR ] Hyundai Motor will recall midsized Sonata sedans fitted with panorama sunroofs in South Korea and the US. According to reports, Hyundai has begun the recall of 2015 and 2016 Sonat...
STX Offshore seeks bankruptcy protection in US

Oct 21, 2016

[ THE INVESTOR ] STX Offshore and Shipbuilding has filed for bankruptcy protection in the US, the Wall Street Journal reported on Oct. 20. According to the report, STX Offshore filed for bankruptc...
Kia to roll out first sports coupe

Oct 21, 2016

[ THE INVESTOR ] Kia Motors’ first sports car is to be named K8, and will hit the roads during the first half of next year. According to reports, Kia Motors has registered a number of names incl...
KEPCO bags contract to operate UAE nuclear reactors

Oct 20, 2016

[ THE INVESTOR ] Korea Electric Power Corperation has won a contract to operate a nuclear power plant in Barakah, United Arab Emirates. South Korea’s state-run power provider said that the contr...