economy
The attempt by MBK Partners and Youngpoong to take over the board of directors of Korea Zinc was thwarted during a shareholder meeting vote, after Korea Zinc restricted Youngpoong’s voting…
Hyundai Motor Group plans to implement ‘Level 2+ (Plus)’ autonomous driving technology in mass-produced vehicles by 2027, using AI and advanced sensors to minimize driver intervention. The technology, developed under…
Korea Electric Power Corporation (KEPCO) and the Korea Power Exchange will operate a real-time integrated control system for ‘distributed power grid information’. The system, set to be operational by June,…
MBK Partners and Youngpoong’s attempt to take control of the board of Korea Zinc was thwarted by Chairman Choi Yoon-bum’s side in a shareholder meeting vote. Despite holding a 25.42%…
Hyundai Motor Group plans to apply ‘Level 2+ (Plus)’ autonomous driving technology to mass-produced vehicles by 2027. This technology, similar to Tesla’s Full Self-Driving, combines AI and advanced sensors to…
Kia has announced a revamp of its shared mobility service, now called ‘Kia Biz’, which allows individuals and companies to subscribe to vehicles for business and leisure use. The service…
Hanwha Semitech has signed a contract to supply SK Hynix with High Bandwidth Memory (HBM) Thermal Compression Bonders (TC Bonders), with an estimated delivery scale of around 21 billion won.…
IBK Investment & Securities has predicted that the resumption of short selling will have a limited negative impact on the market. The firm believes that the influx of short-term trading…
Samsung Securities has maintained its buy rating for Cheil Worldwide, expecting the company to outperform its peers despite a delayed recovery in the industry. The target stock price remains at…
South Korea’s three major department stores, Lotte, Shinsegae, and Hyundai, are launching their regular spring sales from 28th March to 13th April, offering discounts of up to 50-70% across various…