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The Korea Herald

Markets

June 24, 2024
LS Cable to power NextStar battery plant in Canada

LS Cable & System, one of the world’s leading cable manufacturers, said Monday that it will provide high-capacity power distribution bus ducts for NextStar Energy’s new battery plant in the Canadian province of Ontario. NextStar Energy, a partnership between LG Energy Solution and Stellantis, is...
June 24, 2024
Korea's antitrust watchdog to rule on YouTube bundling allegation

South Korea's antitrust regulator plans to wrap up its over 16-month investigation into YouTube next month to determine whether the US platform breached any rules by bundling its music streaming service with its ad-free premium subscription program. Korea Fair Trade Commission Chairman Han Ki-jeon...
June 23, 2024
[From the Scene] Olive Young’s docent tour wows K-beauty enthusiasts

By Kim Hae-yeon ( hykim@heraldcorp.com )
June 23, 2024
Hyundai Motor to seek breakthrough in Japan with Casper Electric

By Kan Hyeong-woo ( hwkan@heraldcorp.com )
June 23, 2024
Hana Financial chief highlights green financing efforts in Australia

Hana Financial Group Chairman Ham Young-joo discussed the importance of green financing with Australia’s high-ranking government official in a meeting held in Canberra, the firm said Sunday. Ham met with Alex Heath, the first assistant secretary of the Australian Treasury’s climate and energy di...
June 23, 2024
Homeplus opens new Mega Food Market in Ulsan

South Korean discount chain Homeplus has renovated its Ulsan branch into the Homeplus Mega Food Market, a new concept store designed to offer an enhanced on-site shopping experience focused on fresh food products. “Along with the Homeplus Mega Food Market, the new core drive of Homeplus’ growth,...
June 23, 2024
LG chief travels to US to examine future growth engines including AI

LG Group Chairman Koo Kwang-mo traveled to the US last week to check on the operations of the group’s major affiliates and examine future growth engines, including artificial intelligence, robots, biotechnology and cleantech -- technology that reduces negative impacts on the environment -- the com...
June 23, 2024
Hyundai Mobis enhances work-life balance with support programs

Aimed at helping employees achieve a better work-life balance, Hyundai Mobis, auto parts and service arm of Hyundai Motor Group, is offering series of support programs aiming to make it easier for employees to have children. The company has been running a day care center in Mabuk-dong, Yongin, Gye...
June 23, 2024
Why Korea's 8th attempt to launch 4th telecom carrier fell through

South Korea's recent attempt to launch the fourth telecom carrier -- the eighth of its kind -- fell through again, raising skepticism about the government's preparedness and the feasibility of the plan itself. The Ministry of Science and ICT earlier this month decided to cancel the license of Stag...
June 23, 2024
Posco and telecom giants hold disaster response exercise

South Korea's leading steel manufacturer, Posco, has carried out an emergency response drill at its Gwangyang plant to test the rapid recovery of mobile communication networks in the event of a disruption. The drill, held on June 13, was carried out in collaboration with the nation's three largest...
June 23, 2024
SK chief heading to US on AI, chips

SK Group Chairman Chey Tae-won will embark on a business trip Saturday to the US to meet with key figures in artificial intelligence and semiconductors fields for future business opportunities, the group said Friday. Chey’s upcoming trip comes about two months after he met with Nvidia CEO Jensen ...
June 21, 2024
Short selling ban hinders Korea’s MSCI index upgrade

South Korea retained its emerging market status by Morgan Stanley Capital International, with the ongoing short selling ban cited as a hindrance to the country's efforts for a status upgrade. "The recent short selling ban introduces market accessibility restrictions," MSCI said Thursday when annou...
June 21, 2024
Hanwha acquires Philly Shipyard, first Korean entry into US shipbuilding

South Korean conglomerate Hanwha Group has acquired Philly Shipyard for $100 million, making it the first Korean company to enter the US shipbuilding industry. Announced on Friday, the acquisition involves Hanwha Systems holding a 60 percent stake and Hanwha Ocean a 40 percent stake. These subsidi...
June 21, 2024
Starbucks stores lure tourists with Korea’s cultural charms

Starbucks Korea partnered with the Korea Tourism Organization to host a special hospitality event Wednesday at the Starbucks Daegu Jongno Gotaek store in Daegu, welcoming over 90 foreign tourists as part of efforts to showcase Korea. The event was part of a program that spotlights 10 distinguished...
June 21, 2024
ShinWon spurs fashion tech innovation with AI, big data

Korean fashion company ShinWon Corporation said Friday that it is increasingly adopting artificial intelligence and big data to lead tech innovation in fashion. By predicting future trends through extensive data analysis, ShinWon said it adapts swiftly to market changes, incorporating these insigh...

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EDITOR'S PICKS

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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