[Behind the Wheel] New Santa Fe: Hyundai’s family-friendly SUV gets smarter

Hyundai Motor’s new, face-lifted version of the Santa Fe is here with a much different look and smarter system, set to regain its reputation as the first SUV to sell 100,000 vehicles in South Korea. The automaker released the refreshed versioWant to know more on [Behind the Wheel] New Santa Fe: Hyundai’s family-friendly SUV gets smarter click here go to market news source. Market news summary from The...

NPS unloads NCSoft Stock to buy Naver stocks

South Korea’s public pension fund National Pension Service unloaded its 0.6 percent stake in domestic game company NCSoft to acquire a 0.28 percent stake of nation’s top portal operator Naver, government data showed Thursday. AccordingWant to know more on NPS unloads NCSoft Stock Market to buy Naver stocks click here go to market news source. Market news summary from The Korea Herald Market News.Author: Kim Byung-wook

Hanwha Energy bags 50MW solar power deal in Spain

Hanwha Energy said Thursday it has won a solar power plant deal with 50 megawatt capacity in Spain. According to the Hanwha Group affiliate, it has signed a contract with Spanish firm GRS for the construction of the solar power plant in Seville, SpWant to know more on Hanwha Energy bags 50MW solar power deal in Spain click here go to market news source. Market news summary from...

S. Korea rolls out midterm plan to nurture materials, parts industries

South Korea will inject over 5 trillion won ($4.1 billion) in the materials, parts and equipment industries to ensure stable supplies for the nation’s key exports, officials said Thursday. Industry Minister Sung Yun-mo held a briefing at SK hWant to know more on S. Korea rolls out midterm plan to nurture materials, parts industries click here go to market news source. Market news summary from The Korea Herald...

South Korea’s heating tobacco product market to grow in 2020: research

While South Korea’s tobacco market is expected to decline overall, the sales of heated tobacco products will edge up this year, a market research firm said Thursday. According to Euromonitor International, the Korean tobacco market reached 17.Want to know more on South Korea’s heating tobacco product market to grow in 2020: research click here go to market news source. Market news summary from The Korea Herald Market News.Author:...

Cosmetics makers’ Q2 profits tipped to have fallen 20% amid pandemic: poll

South Korea's major cosmetics makers are forecast to have seen their operating profits fall nearly 20 percent in the second quarter from a year ago as sales at duty-free shops faltered amid the coronavirus pandemic, a poll showed Thursday. The combiWant to know more on Cosmetics makers' Q2 profits tipped to have fallen 20% amid pandemic: poll click here go to market news source. Market news summary from...

Bio associations to explain support plans for COVID-19 treatment, vaccine developments

Five bio associations in Korea and their 50-something member companies will discuss plans to support ongoing efforts to develop COVID-19 treatments and vaccines in Korea. The talks will be livestreamed on YouTube on Tuesday at 4 p.m. by the Korea PWant to know more on Bio associations to explain support plans for COVID-19 treatment, vaccine developments click here go to market news source. Market news summary from The...

Moon lauds materials industry progress

President Moon Jae-in on Thursday praised Korean industry’s progress in securing supply independence from Japan, and said he would shift his administration’s policies for the materials, components and equipment industries from a defensiveWant to know more on Moon lauds materials industry progress click here go to market news source. Market news summary from The Korea Herald Market News.Author: Lim Jeong-yeo

Renault Samsung Motors to export XM3 to Chile

Renault Samsung Motors said Thursday it will export the first batch of 83 units of its sport utility vehicle XM3 manufactured at its Busan plant to Chile, pushing ahead with its overseas expansion. The automaker said the vehicles will be shipped onWant to know more on Renault Samsung Motors to export XM3 to Chile click here go to market news source. Market news summary from The Korea Herald...

[Monitor] Samsung remains largest by fair value in Korea

Local corporate tracker CEOScore conducted a survey on changes in assets, market capitalization, performance and financial status of the nation’s top 30 conglomerates over the past 10 years. Samsung ranked first with 59 affiliates and 424.8 tWant to know more on [Monitor] Samsung remains largest by fair value in Korea click here go to market news source. Market news summary from The Korea Herald Market News.Author: Shin Ji-hye

Samsung to support 12 research projects for future science tech

Samsung Electronics Co., South Korea's leading tech firm, said Thursday it has selected 12 research projects to help the country's efforts to secure future science technologies. Samsung said it will provide 12.35 billion won ($10.3 million) to 12 rWant to know more on Samsung to support 12 research projects for future science tech click here go to market news source. Market news summary from The Korea Herald Market...

Air Busan to resume flights to China next week

Air Busan Co., the budget carrier unit of Asiana Airlines Inc., said Thursday it will resume flights to China next week upon quarantine approval from China. Air Busan plans to begin offering one flight per week on the Incheon-Shenzhen route on FridaWant to know more on Air Busan to resume flights to China next week click here go to market news source. Market news summary from The Korea...
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