Oasis cancels IPO on poor market sentiment

SEOUL-- South Korean online grocer Oasis Corp. cancelled its planned initial public offering (IPO) on Monday amid lackluster investor sentiment.Oasis said it submitted a withdrawal letter after it received a…

Hyundai’s accumulated EV sales in U.S. top 100,000

SEOUL-- Hyundai Motor Group's accumulated electric vehicle (EV) sales in the United States exceeded 100,000 units last month, industry sources said Monday.Hyundai Motor Co., its independent Genesis brand and Hyundai's…

DSME wins 314.5 bln-won order for 1 LNG carrier

SEOUL-- South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Monday it has clinched a 314.5 billion-won (US$246 million) order to build one liquefied natural gas (LNG) carrier…