Industry

Industry

#Hyundai Heavy Industries
Top shipbuilder Hyundai Heavy Industries looking to buy smaller rival: sources
SEOUL, Jan. 30 (Yonhap) -- South Korea's Hyundai Heavy Industries Group is seeking to buy its smaller rival, Daewoo Shipbuilding & Marine Engineering, industry sources said Wednesday, in what could... 22:19 Jan. 30
#SK-smart glass
SK Corp. invests US$100 mln in U.S. smart-tinting glass maker
SEOUL, Jan. 30 (Yonhap) -- SK Corp., the investment holding company of energy and telecom conglomerate SK Group, said Wednesday that it has decided to invest US$100 million in a U.S.-based smart-ti... 17:23 Jan. 30
#soju-exports
(LEAD) HITEJinro soju exports rebound on diversification
(ATTN: CHANGES headline; ADDS background in last para) SEOUL, Jan. 30 (Yonhap) -- HITEJinro, South Korea's biggest soju maker, said Wednesday that its exports of the Korean distilled rice liquor re... 16:44 Jan. 30
#LG Chem-earnings
(LEAD) LG Chem net profit sinks 25 pct on weak demand for key products
(ATTN: ADDS more details in last 2 paras) SEOUL, Jan. 30 (Yonhap) -- LG Chem Ltd., South Korea's top chemicals firm, said Wednesday that its profit plunged 25 percent in 2018 from a year earlier as... 16:35 Jan. 30
#soju-exports
Exports of S. Korean liquor soju rebound on market diversification: HITEJinro
SEOUL, Jan. 30 (Yonhap) -- HITEJinro, South Korea's biggest soju maker, said Wednesday that its exports of the Korean distilled rice liquor rebounded to exceed US$50 million last year on rising dem... 16:13 Jan. 30
#POSCO-2018 earnings
POSCO net sinks 36 pct on valuation loss, higher taxation in 2018
SEOUL, Jan. 30 (Yonhap) -- POSCO, South Korea's biggest steelmaker, said Wednesday that its net profit dropped 36 percent last year from a year earlier on a one-off valuation loss, reduced gains fr... 16:05 Jan. 30
$Doosan Infracore wins orders for articulated dump trucks$

#Doosan Infracore
Doosan Infracore wins orders for articulated dump trucks
SEOUL, Jan. 30 (Yonhap) -- Doosan Infracore Co., South Korea's top construction equipment maker, said Wednesday that it has clinched deals to provide articulated dump trucks (ADTs) to construction ... 14:11 Jan. 30
#Hyundai Heavy-order
Hyundai Heavy bags 320 bln won order for 3 oil carriers
SEOUL, Jan. 30 (Yonhap) -- Hyundai Heavy Industries Co., the world's top shipbuilder by sales, said Wednesday that it has clinched a 320 billion won (US$286 million) deal to build three very large ... 09:11 Jan. 30
#LG Chem
LG Chem net profit sinks 25 pct on weak demand for key products
SEOUL, Jan. 30 (Yonhap) -- LG Chem Ltd., South Korea's top chemicals firm, said Wednesday that its profit plunged 25 percent in 2018 from a year earlier as the global economic slowdown sapped deman... 08:42 Jan. 30
#Korean Air-earnings
(LEAD) Korean Air swings to net loss in 2018 on strong won
(ATTN: ADDS 2019 earnings targets in last para) SEOUL, Jan. 29 (Yonhap) -- Korean Air Lines Co. said Tuesday it swung to a net loss in 2018 from a year earlier due to hefty foreign-exchange losses.... 19:39 Jan. 29
#Korean Air
Korean Air swings to net loss in 2018 on strong won
SEOUL, Jan. 29 (Yonhap) -- Korean Air Lines Co. said Tuesday it swung to a net loss in 2018 from a year earlier due to hefty foreign-exchange losses. The South Korean flag carrier posted a net l... 18:55 Jan. 29
#GS E&C-4Q earnings
GS E&C swings to net profit in Q4
SEOUL, Jan. 29 (Yonhap) GS Engineering & Construction Co. said Tuesday it swung to a net profit in the fourth quarter on strong demand for plant orders and residential buildings. Its net reached... 16:38 Jan. 29
#Hite Jinro
Hite Jinro heir, execs indicted for alleged unfair dealings
SEOUL, Jan. 29 (Yonhap) -- The heir to Hite Jinro Co., a major liquor producer, and two other company executives including the CEO will stand trial on charges of arbitrarily making contracts with a... 15:27 Jan. 29
#Samsung Heavy-order
Samsung Heavy bags 420 bln-won deal for 2 LNG carriers
SEOUL, Jan. 29 (Yonhap) -- Samsung Heavy Industries Co., a major South Korean shipbuilder, said Tuesday that it has clinched a deal worth a combined 420 billion won (US$376 million) to build two li... 13:34 Jan. 29
#foreign firms-incentives
S. Korea to provide more incentives to foreign firms
SEJONG, Jan. 29 (Yonhap) -- South Korea's industry ministry said Tuesday it plans to provide more incentives to overseas companies operating in the country and induce them to carry out more foreign... 08:54 Jan. 29
#ocean ministry-Qatar
(LEAD) S. Korea, Qatar to forge deeper ties in maritime affairs
(ATTN: UPDATES with memorandum of understanding between the two countries) SEOUL, Jan. 28 (Yonhap) -- South Korea's ocean ministry said Monday it has clinched an agreement with its Qatari counterpa... 16:58 Jan. 28
#ocean ministry-Qatar
S. Korea, Qatar to forge deeper ties in maritime affairs
SEOUL, Jan. 28 (Yonhap) -- South Korea's ocean ministry said Monday it has clinched an agreement with its Qatari counterpart to forge deeper ties in maritime affairs, including the fishery and aqua... 14:32 Jan. 28
#KEPCO-university
(LEAD) KEPCO-run university to be built in South Jeolla Province
(ATTN: ADDS details throughout) SEOUL, Jan. 28 (Yonhap) -- The state-run Korea Electric Power Corp. (KEPCO) said Monday it has selected South Jeolla Province as the site for its planned engineering... 14:20 Jan. 28
#KEPCO-university
KEPCO-run university to be built in South Jeolla Province
SEOUL, Jan. 28 (Yonhap) -- The state-run Korea Electric Power Corp. (KEPCO) said Monday it has selected South Jeolla Province as the site for its planned engineering university. KEPCO earlier sa... 11:52 Jan. 28
#chaebol scions-executives
Over 100 chaebol scions under 50 serve as executives
SEOUL, Jan. 28 (Yonhap) -- More than 100 members of South Korea's major conglomerate owner families under the age of 50 are serving as executives, with three heading their groups, a corporate track... 10:04 Jan. 28