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BIZ Corporate Newsroom

Corporate Newsroom

#Kia (2nd LD) Kia Q1 net profit up 32.5 pct on sales boost of SUVs, minivans, hybrids (ATTN: UPDATES from para 8) SEOUL, April 26 (Yonhap) -- Kia Corp., South Korea's second-largest automaker, said Friday its first-quarter net profit rose 32.5 percent on-year, backed by increased sa... Corporate Newsroom 15:39 Apr. 26
#DeepL DeepL CEO sees faster-than-expected growth in S. Korean translation market related article SEOUL, April 26 (Yonhap) -- Jarek Kutylowski, founder and CEO of the artificial intelligence (AI) language service DeepL, said Friday his company's new creative writing assistance service will be e... Corporate Newsroom 15:35 Apr. 26
#Kia (LEAD) Kia Q1 net profit up 32.5 pct on sales boost of SUVs, minivans, hybrids (ATTN: RECASTS headline, lead; UPDATES throughout; ADDS photo) SEOUL, April 26 (Yonhap) -- Kia Corp., South Korea's second-largest automaker, said Friday its first-quarter net profit rose 32.5 perc... Corporate Newsroom 14:45 Apr. 26
#inflation S. Korea to lower tariffs on 7 food imports to curb inflation By Oh Seok-min SEOUL, April 26 (Yonhap) -- The finance ministry said Friday the government will lower tariffs levied on seven farm products and other food imports, including cabbages and grapes, s... Corporate Newsroom 11:00 Apr. 26
#Hyundai Mobis (LEAD) Hyundai Mobis' Q1 net income rises 2.4 pct (ATTN: RECASTS headline, lead; UPDATES throughout; ADDS photo) SEOUL, April 26 (Yonhap) -- Hyundai Mobis Co., South Korea's leading auto parts maker, said Friday its first-quarter net profit rose 2... Corporate Newsroom 10:44 Apr. 26
#S-Oil-Q1 earnings (LEAD) S-Oil Q1 net falls 37 pct on lower refining margins (ATTN: RECASTS throughout; ADDS photo) SEOUL, April 26 (Yonhap) -- S-Oil Corp., South Korea's third-largest refiner by sales, said Friday its first-quarter net profit fell 37 percent from a year ea... Corporate Newsroom 10:02 Apr. 26
#McDonalds Korea-price hike McDonald's Korea to raise prices of 16 items next month SEOUL, April 26 (Yonhap) -- McDonald's Korea said Friday it will raise the prices of 16 menu items by an average of 2.8 percent from May 2 due to higher logistics and labor costs. The 16 menu it... Corporate Newsroom 09:44 Apr. 26
#POSCO Future M-cathodes JV POSCO Future M, Honda to set up JV in Canada for battery materials partnership SEOUL, April 26 (Yonhap) -- POSCO Future M Co., the battery materials unit of POSCO Holdings Inc., said Friday it will set up a joint venture (JV) with Honda Motor Co. in Canada mainly for the supp... Corporate Newsroom 09:04 Apr. 26
#game changer technologies S. Korea to seek global leadership in AI chip, advanced bio, quantum technologies: gov't related article SEOUL, April 25 (Yonhap) -- South Korea will launch an initiative to become one of three leading nations in the so-called game-changer industries that include artificial intelligence (AI) chip, adv... Corporate Newsroom 18:20 Apr. 25
#Hyundai Motor (3rd LD) Hyundai Motor's Q1 net down 1.3 pct as sales drop over plant suspension (ATTN: ADDS details in paras 10-11) SEOUL, April 25 (Yonhap) -- Hyundai Motor Co., South Korea's leading automaker, said Thursday its first-quarter net profit slipped 1.3 percent on-year amid a slo... Corporate Newsroom 16:48 Apr. 25
#Lotte-China project Lotte signs deal to sell China theme park project SEOUL, April 25 (Yonhap) -- South Korean retail giant Lotte Group has signed a deal to sell its China theme park project to a local company in the Chinese northeastern city of Shenyang, a group off... Corporate Newsroom 16:39 Apr. 25
#LG Display (LEAD) LG Display remains in red in Q1, but narrows net loss on cost-saving efforts (ATTN: RECASTS headline, lead; ADDS new info throughout, photo) SEOUL, April 25 (Yonhap) -- South Korea's flat-screen maker LG Display Co. said Thursday it remained in the red in the first quarter ... Corporate Newsroom 15:44 Apr. 25
#Kakao Mobility Kakao Mobility to adopt cheaper membership category for taxi drivers starting June related article SEOUL, April 25 (Yonhap) -- Kakao Mobility Corp., the operator of South Korea's leading taxi-hailing service Kakao T, said Thursday it will introduce a new membership category with cheaper commissi... Corporate Newsroom 15:08 Apr. 25
#Hyundai Motor (2nd LD) Hyundai Motor's Q1 net down 1.3 pct as sales drop over plant suspension (ATTN: UPDATES with more info throughout) SEOUL, April 25 (Yonhap) -- Hyundai Motor Co., South Korea's leading automaker, said Thursday its first-quarter net profit slipped 1.3 percent on-year amid... Corporate Newsroom 15:01 Apr. 25
#Hanwha Aerospace-arms deal Hanwha Aerospace signs 2.3 tln-won deal to supply more rocket launchers to Poland SEOUL, April 25 (Yonhap) -- South Korean defense company Hanwha Aerospace Co. said Thursday it has signed a 2.3 trillion-won (US$1.67 billion) deal to supply 72 Chunmoo multiple launch rocket syste... Corporate Newsroom 14:52 Apr. 25
#LG Electronics (LEAD) LG Electronics' operating profit dips, sales increase in Q1 (ATTN: RECASTS headline, lead; ADDS new info throughout, new photo) SEOUL, April 25 (Yonhap) -- LG Electronics Inc. said Thursday its operating profit declined in the first quarter, but its sales h... Corporate Newsroom 14:43 Apr. 25
#Hyundai Motor (LEAD) Hyundai Motor's Q1 net down 1.3 pct as sales drop over plant suspension (ATTN: RECASTS headline, lead; UPDATES throughout; ADDS photo) SEOUL, April 25 (Yonhap) -- Hyundai Motor Co., South Korea's leading automaker, said Thursday its first-quarter net profit slipped 1.3... Corporate Newsroom 14:34 Apr. 25
#SK hynix (3rd LD) SK hynix returns to profit in Q1 on solid demand for AI chips (ATTN: ADDS more info in paras 12-15, new photo) By Kim Boram SEOUL, April 25 (Yonhap) -- SK hynix Inc. said Thursday it swung to a profit in the first quarter of this year on the back of rising gl... Corporate Newsroom 14:19 Apr. 25
#supply chains Finance minister vows stronger supply chain ties with Indo-Pacific nations SEOUL, April 25 (Yonhap) -- Finance Minister Choi Sang-mok vowed Thursday to enhance South Korea's crisis management capabilities regarding supply chains in close cooperation with the United States... Corporate Newsroom 11:37 Apr. 25
#economic growth AMRO projects S. Korean economy to grow 2.3 pct, calls for tight monetary policy SEOUL, April 25 (Yonhap) -- An economic surveillance organization in Asia on Thursday expected the South Korean economy to expand 2.3 percent this year on rising exports, calling for maintaining ti... Corporate Newsroom 11:03 Apr. 25

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