car selling price
Scope
Date
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Electric vehicles
Hyundai to launch EV model of Staria minivan in 2026
South Korea’s top automaker, Hyundai Motor Co., is slated to launch an electric vehicle model of its Staria van in 2026 to respond to the inte...
Jun 07, 2024 (Gmt+09:00)
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Food & Beverage
Shinsegae Dept. Store to sell luxury wines in Gangnam
South Korean retail giant Shinsegae Group is set to sell luxury wines with price tags up to tens of thousands of dollars in Seoul, as demand for pre...
Jun 07, 2024 (Gmt+09:00)
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Electric vehicles
LG-Kakao EV charger JV LG Uplus VoltUp sets sail
LG Uplus Corp., South Korea’s third-largest mobile carrier, and the country’s largest taxi-hailing platform Kakao Mobility Corp. officia...
Jun 05, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Monalisa, Ssangyong C&B sold to Indonesia's APP
South Korea's hygiene products company Monalisa and Ssangyong C&B, known for its toilet paper brand Codi, will be sold to Indonesia's paper comp...
Jun 05, 2024 (Gmt+09:00)
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Corporate bonds
Korea’s non-financial firms rush to issue perpetual bonds
Perpetual bond offerings by non-financial firms in South Korea are poised to hit new records this year as many companies have flocked to the hybrid ...
Jun 05, 2024 (Gmt+09:00)
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Real estate
IGIS fund defaults on loan linked to German office
A 370-billion-won ($270 million) real estate fund managed by IGIS Asset Management Co. faces a heavy loss from its investment in Trianon, a landmark...
Jun 04, 2024 (Gmt+09:00)
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Automobiles
Eco-friendly cars reboot Hyundai, Kia’s US sales in May
Hyundai Motor Co. and Kia Corp., car manufacturers of the global No. 3 automaker Hyundai Motor Group, reported a rebound last month on sales in the ...
Jun 04, 2024 (Gmt+09:00)
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Economy
Korea’s exports at 22-month high in May on chips, cars
South Korea’s exports hit a 22-month high in May, led by strong shipments of semiconductors and automobiles abroad, adding to hopes that overs...
Jun 02, 2024 (Gmt+09:00)
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Leadership & Management
Korean catering firm Ourhome CEO to leave amid sibling feud
South Korea’s catering service provider Ourhome Ltd. Chief Executive and Vice Chairwoman Koo Ji-eun has failed in her attempt to serve another...
May 31, 2024 (Gmt+09:00)
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Corporate restructuring
SK embarks on business overhaul to focus on mainstays
South Korea’s second-largest conglomerate SK Group has embarked on a reshuffling process to focus on core units such as semiconductors and bat...
May 29, 2024 (Gmt+09:00)
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Korean food
Mega Coffee to open first store in Mongolia
South Korea's low-price coffee chain, Mega MGC Coffee, announced on Tuesday that it will open its first overseas store in Mongolia on May 30. This...
May 29, 2024 (Gmt+09:00)
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Travel & Leisure
Lotte Tour launches premium travel brand High&
Lotte Tour Development Co. announced on Tuesday that it launched the brand High& for high-quality premium package travel products.High& is a...
May 28, 2024 (Gmt+09:00)
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Automobiles
Hyundai ties up with AWS, Meta, Microsoft for open map
Hyundai Motor Group, the world’s third-largest automaker, teamed up with Big Tech companies such as Amazon Web Services Inc. (AWS), Meta Platf...
May 28, 2024 (Gmt+09:00)
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Entertainment
HYBE offers to sell $62 mn SM Entertainment shares
HYBE Co., the company behind global sensations BTS and NewJeans, has offered to sell some of its shares in K-pop pioneer SM Entertainment Co. in a b...
May 28, 2024 (Gmt+09:00)
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Automobiles
South Korea steps on accelerator for record 2024 car exports
ASAN, South Chungcheong Province – At Hyundai Motor Co.'s manufacturing plant in Asan, over 60 km south of Seoul, thousands of robots were bus...
May 28, 2024 (Gmt+09:00)
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Corporate bonds
Korea intensifies rules on CB conversion price adjustment
South Korea will strengthen regulations on the conversion prices of convertible bonds (CBs) to protect stakeholders from excessive share dilution, t...
May 27, 2024 (Gmt+09:00)
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Korean stock market
SK Hynix: More room for share price rise after bull run
SK Hynix Inc.'s market value broke through the roof to top 150 trillion won ($110 billion) on Monday, becoming the second stock in South Korea to re...
May 27, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Glovis adopts system to meet US' green policies on car carriers
Hyundai Glovis Co., the world’s third-largest car shipping company, is set to introduce an emission reduction system for its vehicle carriers ...
May 27, 2024 (Gmt+09:00)
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Banking & Finance
Samsung Securities faces trading system server errors
Samsung Securities Co., the brokerage unit of South Korea’s top conglomerate Samsung Group, suffered system errors on its servers on Monday mo...
May 27, 2024 (Gmt+09:00)
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Korean food
Seaweed, dubbed ‘Korea’s black semiconductor,’ powers its economy
Dried seaweed, widely used to make kimbap, or seaweed-wrapped rice rolls, is often referred to as the “black semiconductor” in South Kor...
May 24, 2024 (Gmt+09:00)
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Energy
Hanwha Q Cells eyes solar power business diversification
Hanwha Q Cells Co., a solar power unit of South Korean chemicals-to-defense conglomerate Hanwha Group, is striving for revenue stream diversificatio...
May 24, 2024 (Gmt+09:00)
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Bio & Pharma
Handok gets Biocon's obesity drug exclusive distribution in S.Korea
South Korean pharmaceutical company Handok Inc. announced on Friday that it signed an exclusive domestic sales and distribution agreement with India...
May 24, 2024 (Gmt+09:00)
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Electric vehicles
Kia premieres EV3 to boost global electrification push
Kia Corp., South Korea’s second-largest automaker, on Thursday premiered the EV3, its low-cost electric sport utility vehicle (SUV), to reboot...
May 23, 2024 (Gmt+09:00)
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Machinery
Hyundai Infracore, Doosan Bobcat agree to product cross-selling in US
South Korea’s two leading construction machinery makers HD Hyundai Infracore Co. and Doosan Bobcat Inc. on Thursday agreed to the cross-sellin...
May 23, 2024 (Gmt+09:00)
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Automobiles
Hankook Competition to participate in Nürburgring 24 Hours
Hankook & Company Co., Hankook & Company Group's business holding company, announced on Wednesday that its sponsored motorsport team Hankook...
May 22, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Indonesia discuss hydrogen, EV cooperation
Hyundai Motor Group Chairman Chung Euisun has discussed cooperation on hydrogen-fueled cars and electric vehicles (EVs) with the Indonesian economy ...
May 22, 2024 (Gmt+09:00)
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Automobiles
HL Holdings wins exclusive AS parts deal from Stellantis
HL Holdings Corp., the holding company of South Korea’s construction-to-auto parts conglomerate HL Group, will be the exclusive supplier of af...
May 22, 2024 (Gmt+09:00)
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Korean stock market
Block deals of Korean stocks surge ahead of tighter regulation
Block trades of South Korean listed shares have surged by six times so far this year from the same period in 2023, according to the Financial Superv...
May 20, 2024 (Gmt+09:00)
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Short selling
Korea may partially lift short-selling ban from June: regulator
NEW YORK -- South Korea may partially lift a ban on short selling in the domestic stock market from as early as June, before removing the blanket ba...
May 20, 2024 (Gmt+09:00)
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Corporate investment
SK seeks to sell 13.3% stake in Chinese food firm Joyvio
SK Inc., the holding company of South Korea’s second-largest business group SK, is in talks with Joyvio Group to sell its entire 13.3% stake i...
May 20, 2024 (Gmt+09:00)