Cherrybro to raise 34 bln won via stock offering
SEOUL, Cherrybro Co. on Friday announced that it will sell stocks to raise 34 billion won(US$30 million). The proceeds from the stock sale will be used mainly to pay off…
Business
LG to invest 100 bln won in Kakao Mobility
SEOUL, LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, on Friday said it will invest 100 billion won (US$87.9 million) in Kakao Mobility Corp., the country’s…
Hyundai’s June sales rise 14 pct on strong overseas demand
SEOUL– Hyundai Motor Co. said Thursday its sales rose 14 percent last month from a year earlier on strong overseas demand for its models despite the COVID-19 pandemic. The country’s…
Uzbekistan ranks first in terms of shadow economy in Central Asia
Uzbekistan ranked first in terms of the shadow economy in Central Asia, Trend reports referring to the Uzbek Ministry of Economic Development and Poverty Reduction. “Proceeding from analysis and research,…
GM Korea’s June sales climb 3.4 pct on strong exports
SEOUL– GM Korea Co. said Tuesday its sales gained 3.4 percent last month from a year earlier as robust exports offset the sluggish domestic sales. The South Korean unit of…
Renault Samsung’s June sales edge down on weak domestic demand
SEOUL– Renault Samsung Motors Corp. said Thursday its auto sales slightly fell last month compared with a year ago due to weak domestic demand in the face of toughening competition.…