Regulator OKs takeover of Doosan Infracore by Hyundai Heavy
– South Korea’s antitrust regulator said Tuesday it has approved a deal by an affiliate of Hyundai Heavy Industries Holdings Co. (HHIH) to buy Doosan Infracore Co., the country’s largest…
July 27, 2021
Korea Zinc Inc Q2 net profit up 75.4 pct to 194.7 bln won
Korea Zinc Inc on Tuesday reported its second-quarter net income of 194.7 billion won (US$169.2 million), up 75.4 percent from a year earlier. Operating income for the April-June period was…
Shinhan Financial Group Q2 net profit up 43.2 pct to 1.27 tln won
Shinhan Financial Group Co. on Tuesday reported its second-quarter net profit of 1.27 trillion won (US$1.1 billion), up 43.2 percent from a year earlier. The company said in a regulatory…
Samsung Card Q2 net soars amid rising consumer spending
Major South Korean credit card issuer Samsung Card Co. said Tuesday its net profit spiked more than 30 percent in the second quarter of the year on a recovery in…
S. Korea, ASEAN to upgrade their FTA
— South Korea’s trade ministry said Tuesday it has launched talks with ASEAN to update their free trade agreement (FTA) and further lower trade barriers, as the country seeks to…
Samsung expands royalty-free program for small firms
— South Korea’s top tech giant Samsung Electronics Co. will open another batch of royalty-free technologies in line with the government’s efforts to promote shared growth among conglomerates and small…