Articles by 최희석
LG, SK groups planning large bond issues
[ THE INVESTOR ] LG Group and SK Group companies are set to issue large amounts of corporate bonds within the year. Much of the funds raised will be used to cover maturing bonds, while compani...
August 25, 2016
China-North Korea trade drops on sanctions, lack of foreign currency
[ THE INVESTOR ] China’s exports to North Korea showed the largest on-year drop in July, Korea International Trade Association said Aug. 24. According to KITA, China’s exports to North Korea came ...
Hyundai Motor, union reach tentative agreement in wages talks
[ THE INVESTOR ] Hyundai Motor and its union reached a tentative agreement in this year’s wages negotiations on Aug. 24. The union will vote on the agreed terms on Aug. 26. The terms include rai...
S. Korean insurers’ RBC ratio rises for second consecutive quarter
[ THE INVESTOR ] South Korean insurance companies’ rick-based capital ratio increased for the second consecutive quarter, data showed Aug. 24. According to the Financial Supervisory Service, the ...
August 24, 2016
Hyundai Life and Heungkuk Fire’s RBC ratios lowest in industry
[ THE INVESTOR ] Hyundai Life Insurance and Heungkuk Fire & Marine Insurance have the lowest risk-based capital ratio among South Korean life and nonlife insurers, government data showed Aug. 24...
POSCO chief rules out use of business revitalization act
[ THE INVESTOR ] POSCO has no plans to capitalize on the new law facilitating business restructuring, the company’s CEO said Aug. 24. Speaking at the Steel Korea conference held in Seoul, POSCO ...
S. Korea’s intellectual property trade deficit narrows in Q1
[ THE INVESTOR ] South Korea trade deficit from intellectual property rights came to US$780 million in the first quarter of the year, down US$410 million from the previous quarter, Bank of Korea an...
KEPCO’s venture posts losses from the get-go
[ THE INVESTOR ] State-run electricity provider Korea Electric Power Corp . .’s gasification joint venture has built up over 5.4 billion won (US$4.81 million) in operating loss since 2011, a Na...
State power companies’ profits soar on higher charges, lower fuel costs
[ THE INVESTOR ] The operating profits of state-run power companies have increased 841 percent in two years, data showed on Aug. 24. The seven companies are Korea Electric Power Corp ., Korea So...
S. Korea sets up hydrogen power organization
[ THE INVESTOR ] A government-private sector body for facilitating the spread of hydrogen energy was launched Aug. 24. State organizations taking part in the newly formed body include the Ministr...
Shinhan Card keeps Wi Sung-ho as CEO
[ THE INVESTOR ] Shinhan Card announced on Aug. 24 that CEO Wi Sung-ho will maintain his position for another year. The company said the decision was approved at the shareholders meeting Aug. 23....
SK to raise W300b with new bonds
[ THE INVESTOR ] SK Holdings C&C will issue 300 billion won (US$269 million) in bonds in September. According to finance industry sources, the company will issue 2-, 5- and 7-year bonds to raise...
August 23, 2016
Shin Dong-bin’s closest aide to be grilled in corruption probe
[ THE INVESTOR ] Hwang Gak-kyu, a close aide to Lotte Group Chairman Shin Dong-bin , is to be questioned as a suspect in the ongoing corruption probe, the Seoul Central District Prosecutors Offic...
S. Korea’s exports volume index growth slows in July
[ THE INVESTOR ] The growth rate of South Korea’s export volume index dropped in July, Bank of Korea said Aug. 23. According to the central bank, Korea’s exports volume index recorded 0.8 percent ...
Korea's KNOC to begin gas production at Donghae-2 field in October
[ THE INVESTOR ] Korea National Oil Corporation will begin producing natural gas from the Donghae-2 gas field from October, a local daily reported Aug. 22. According to the report, KNOC completed ...
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