Corporate Newsroom
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#ADBS. Korean finance chief to chair ADB's annual meeting next year
SEOUL, Sept. 30 (Yonhap) -- South Korean Finance Minister Choo Kyung-ho has been elected as chair of next year's annual meeting of the Asian Development Bank (ADB), his office said Friday. Choo ... Corporate Newsroom 14:46 Sep. 30 -
#energy crisisS. Korea seeks to cut public energy consumption by 10 pct related article
SEOUL, Sept. 30 (Yonhap) -- The government decided to enforce measures to reduce energy consumption by public institutions by 10 percent starting next month to cope with soaring energy costs, the f... Corporate Newsroom 14:25 Sep. 30 -
#Korean Air-fuel oilKorean Air to purchase sustainable aviation fuel from Shell
SEOUL, Sept. 30 (Yonhap) -- Korean Air Lines Co. said Friday it has signed a five-year deal with Royal Dutch Shell plc. to purchase sustainable aviation fuel (SAF) from the British firm beginning i... Corporate Newsroom 10:16 Sep. 30 -
#HyundaiHyundai wins Red Dot Design award for hydrogen trailer concept
SEOUL, Sept. 30 (Yonhap) -- South Korea's Hyundai Motor Group said Friday it has received the 2022 Red Dot Design Concept Luminary award for its hydrogen fuel-cell trailer drone concept. The un... Corporate Newsroom 09:49 Sep. 30 -
#SsangYong Motor-Saudi partnershipSsangYong to export 170,000 vehicles to Saudi firm by 2030
SEOUL, Sept. 29 (Yonhap) -- SsangYong Motor Co., a South Korean SUV-focused carmaker, said Thursday it will export about 170,000 vehicles to a Saudi Arabian company by 2030 in the form of semi knoc... Corporate Newsroom 15:19 Sep. 29 -
#LotteRubber Duck project returns to Seoul after 8 years
SEOUL, Sept. 29 (Yonhap) -- Dutch artist Florentijn Hofman's giant yellow rubber duck is back in South Korea for the first time in eight years, with organizers saying it is meant to uplift the mood... Corporate Newsroom 14:31 Sep. 29 -
#Korean Air(LEAD) Korean Air involved in minor collision at Heathrow Airport
(ATTN: UPDATES with details throughout) SEOUL, Sept. 29 (Yonhap) -- Korean Air Lines Co., South Korea's national flag carrier, said Thursday there was a minor collision involving its aircraft and ... Corporate Newsroom 10:10 Sep. 29 -
#Kia-EV6 GTKia to launch high-performance electric model EV6 GT
SEOUL, Sept. 29 (Yonhap) -- Kia Corp., South Korea's second-biggest carmaker, said Thursday it will launch the pure electric high-performance model EV6 GT in the domestic market next week in a move... Corporate Newsroom 09:21 Sep. 29 -
#Korean Air
Korean Air involved in minor collision incident at Heathrow airport
SEOUL, Sept. 29 (Yonhap) -- Korean Air Lines Co., South Korea's national flag carrier, said Thursday there was a minor collision incident involving its aircraft and an Icelandair plane at London He... Corporate Newsroom 09:07 Sep. 29 -
#inflation reduction act(LEAD) S. Korea, EU discuss responses to U.S. EV tax incentives
(ATTN: REPLACES photo) SEOUL, Sept. 28 (Yonhap) -- South Korea sought joint responses with European Union member nations over a new U.S. act that excludes electric vehicles assembled outside of Nor... Corporate Newsroom 22:35 Sep. 28 -
#Youlchon ChemicalS. Korean plastic film maker wins US$1 bln battery material supply deal for LG-GM joint venture
SEOUL, Sept. 28 (Yonhap) -- Youlchon Chemical Co., a South Korean producer of plastic films, said Wednesday it has signed an agreement to supply a key battery component used in electric vehicles to... Corporate Newsroom 16:46 Sep. 28 -
#K-Bio Vaccine FundMirae Asset, Yuanta selected as co-managers of 500 bln-won K-Bio Vaccine Fund related article
SEOUL, Sept. 28 (Yonhap) -- Mirae Asset Venture Investment Co. and Yuanta Investment Co. have been selected as co-managers of a 500 billion-won (US$346 million) state bio fund aimed at supporting d... Corporate Newsroom 16:12 Sep. 28 -
#electric vehiclesS. Korea aims to take up 12 pct of world's EV market by 2030
SEOUL, Sept. 28 (Yonhap) -- South Korea seeks to significantly boost production of electric vehicles to more than double domestic carmakers' global market share to 12 percent by 2030 and to be a gl... Corporate Newsroom 14:02 Sep. 28 -
#Korea Investment & SecuritiesKorea Investment & Securities signs deal to form JV in U.S.
SEOUL, Sept. 28 (Yonhap) -- South Korean brokerage firm Korea Investment & Securities Co. has signed a deal to form a joint venture (JV) company with a U.S. financial company within this year, seeki... Corporate Newsroom 13:09 Sep. 28 -
#POSCOPOSCO to enter blue hydrogen biz
SEOUL, Sept. 28 (Yonhap) -- POSCO Group, South Korea's leading steelmaker, said Wednesday it will actively enter the blue hydrogen business as part of efforts to expand its non-steel business. P... Corporate Newsroom 11:17 Sep. 28 -
#inflation reduction actS. Korea, EU discuss responses to U.S. EV tax incentives
SEOUL, Sept. 28 (Yonhap) -- South Korea sought joint responses with European Union member nations over a new U.S. act that excludes electric vehicles assembled outside of North America from tax inc... Corporate Newsroom 11:14 Sep. 28 -
#retail salesRetail sales up 15.4 pct in August amid eased virus curbs
SEOUL, Sept. 28 (Yonhap) -- Retail sales in South Korea marked the largest on-year growth so far this year in August on the back of the increase in people's outdoor activities amid eased antivirus ... Corporate Newsroom 11:00 Sep. 28 -
#Samsung insurers-BlackstoneSamsung insurers to expand global alternative investment via Blackstone
SEOUL, Sept. 28 (Yonhap) -- Samsung Group's insurance affiliates said Wednesday they have signed a deal with U.S. asset management behemoth Blackstone Inc. to invest some US$650 million in alternat... Corporate Newsroom 10:38 Sep. 28 -
#IONIQ 5-WardsAuto awardsHyundai IONIQ 5 named one of Wards 10 best engine systems
SEOUL, Sept. 28 (Yonhap) -- The EV-only powertrain on Hyundai Motor Co.'s all-electric IONIQ 5 was named one of the Wards 10 Best Engines & Propulsion systems, the company said Wednesday. The I... Corporate Newsroom 10:28 Sep. 28
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