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News
Hankook Supplies Tires for Porsche 911 Carrera
2+ hour, 10+ min ago (138+ words) Hankook Tire & Technology (Hankook Tire) supplies exclusive tires to Porsche’s symbolic sports car ‘911 Carrera.’ Hankook Tire announced on July 27 that it supplies the ultra-high performance super tire ‘Ventus S1 evo Z’ to the Porsche ‘911 Carrera.’ The tire is a new original…...
HD Hyundai and Lotte Chemical Integrated Entity Named ‘H&L ADVANCED’
8+ hour ago (685+ words) Businesskorea HD Hyundai Oilbank, HD Hyundai Chemical and Lotte Chemical are preparing to launch the integrated company on Sept.1 as the country’s first icompany under the domestic petrochemical sector’s restructuring The name of the new integrated petrochemical corporation in Daesan,…...
South Korea Courts Brazil For K-Beauty Growth
8+ hour, 53+ min ago (255+ words) The government is establishing a strategic cooperation system with the local Brazilian cosmetics industry and the largest e-commerce platform to accelerate the entry of K-beauty small and medium-sized enterprises into the South American market. To expand online sales channels, the…...
Mortgage Loans Surge Amid Loan Cliff Fears Growing
1+ day, 3+ hour ago (536+ words) Despite major banks independently raising the threshold for household loans, the upward trend in household lending appears to be continuing. In particular, the balance of mortgage loans increased by nearly 1 trillion won (about $675 million) in just one week. Warning bells…...
KOSPI Opens Higher in 6800 Range Amid Dollar Trading at Upper 1,450 Won
1+ day, 10+ hour ago (523+ words) On this day, the KOSPI index is showing a trend of seeking index direction due to the expansion of volatility in large-cap IT stocks and the semiconductor sector after the opening. As of 9:50 a.m., the KOSPI index is engaged in a…...
Doosan Wins Laiyang Nuclear Supply Contract
1+ day, 10+ hour ago (365+ words) Businesskorea Deal Follows Last Year’s Supply Contract for Laiyang Units 3 and 4 Doosan Enerbility Signs Contract to Supply Core Materials for Laiyang Nuclear Power Plant in China Doosan Enerbility has successively won contracts to supply core equipment in the Chinese nuclear…...
July Exports on Track for Another Record Month
4+ day, 27+ min ago (579+ words) Following last month’s record-high export figure of $100 billion, attention is now focused on whether South Korea can surpass the $80 billion mark in July, potentially achieving an export record of more than $80 billion for 5 consecutive months. According to the Korea Customs…...
South Korean Card Issuers Post Solid First-Half Earnings
4+ day, 3+ hour ago (504+ words) Major card companies in South Korea improved their earnings in the first half of this year, helped by stronger competitiveness in their payment businesses and cost-efficiency efforts. As card spending increased and the burden of loan-loss provisions eased, profitability rose,…...
LG Builds Choir Room for Ethiopian Veterans’ Descendants
4+ day, 6+ hour ago (177+ words) LG Also Donates Audio And IT Equipment, Supporting Cultural Exchange And Self-Reliance LG presents ‘dream of music’ to descendants of Ethiopian veterans LG supports the dreams of the descendants of Ethiopian veterans who devoted themselves during the Korean War. The…...
South Korea’s Economy Expected to Near 3% Growth This Year
4+ day, 23+ hour ago (309+ words) South Korea’s economy has maintained strong growth momentum in the first half of this year, as a booming semiconductor sector has been joined by a recovery in domestic demand. The real purchasing power of income has also risen at its…...