Articles by 최희석
Hyundai Heavy Group leads top 10 market cap list rising over 57%
[ THE INVESTOR ] The listed affiliates of Hyundai Heavy Industries Group increased their market capitalization by 57.3 percent this year, the highest among the 10 largest conglomerates. In total...
October 17, 2016
Korean conglomerates’ investments in tax havens on the rise
[ THE INVESTOR ] Local conglomerates have invested nearly 23 trillion won (US$20.33 billion) in international tax havens since 2011, financial authorities’ data showed on Oct. 14. According to the...
October 14, 2016
KOIF to kick off overseas investments
[ THE INVESTOR ] The Korea Overseas Infrastructure Fund could make its first investment within the year, local media reported on Oct. 14. The Korea Overseas Infrastructure Fund was established las...
Gov’t, KDB to boost HMM to flagship shipper: report
[ THE INVESTOR ] The South Korean government will develop Hyundai Merchant Marine as the country’s flagship shipping company, local business daily Chosun Biz reported on Oct. 14. According to th...
Alpha Holdings becomes largest shareholder of Viral Genes
[ THE INVESTOR ] Alpha Holdings announced on Oct. 13 that it has acquire additional stake in the US-based immunity anti-cancer medicine firm Viral Gene. Including the stake held by its subsidiar...
AJ Rentacar acquires Tirebay
[ THE INVESTOR ] AJ Rentacar announced on Oct. 14 that it has acquired tire retailer Tirebay and renamed it AJ Tirebay. AJ Rentacar hopes to strengthen its presence in the aftersales market with...
Seoul Guarantee Insurance privatization put on hold
[ THE INVESTOR ] The plans for privatizing Seoul Guarantee Insurance have been put on hold, Korea Deposit Insurance Corporation Chairman Gwak Bum-gook revealed on Oct. 13. Speaking at the parliame...
[URGENT] Samsung aims for quick recovery with Galaxy S7, S7 Edge
[THE INVESTOR] Samsung Electronics announced on Oct. 14 that it will concentrate on sales of Galaxy S7 and S7 Edge smartphones to compensate for losses incurred by Galaxy Note 7 discontinuation. T...
CJ E&M to put music platform spin-off to the vote on Oct. 28
[ THE INVESTOR ] CJ E&M announced on Oct. 13 that its music platform and related businesses including Mnet.com will be spun off into a new company. The decision to set up the tentatively named CJ...
NPS’ stake in Apple rises to US$142m in H1
[ THE INVESTOR ] The National Pension Service has been concentrating its overseas investments on IT and pharmaceuticals firms, with Apple seeing the largest investment in the first half of this yea...
October 13, 2016
KDB to oversee won bond issue of Nomura’s subsidiary
[ THE INVESTOR ] The Korea Development Bank will oversee the issuance of Nomura International Funding’s won-denominated bonds. Nomura International Funding is a Singapore-based subsidiary of Nomur...
Hyundai on course for first on-year sales dip in 18 years
[ THE INVESTOR ] Hyundai Motor Group’s automobile sales appears likely to record the first on-year drop since 1998. During the first three quarters, Hyundai Motor and Kia Motors sold slightly ...
[URGENT] BOK freezes benchmark rate
[ THE INVESTOR ] The Bank of Korea on Oct. 13 maintained the benchmark rate at 1.25 percent, keeping the record-low rate since June. ( firstname.lastname@example.org )
Minwise to acquire controlling stake in Settlebank
[ THE INVESTOR ] Minwise (Mobile Internet Network & Wise), a local IT services provider, announced on Oct. 12 that it will acquire controlling stake in electronic transaction solution developer S...
October 12, 2016
KEB Hana Bank raises US$650m from multi-year bonds
[ THE INVESTOR ]] KEB Hana Bank announced on Oct. 12 that it has raised US$650 million from foreign-currency denominated bonds. They include US$350 million worth of 3-year bonds, and US$ 300 milli...
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