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Partly Sunny 17.3℃ 16° / 28°

Precip 0mm

Wind W 3.5m/s

Humidity 45%

CAI Moderate 80

PM10: Good
DSS: Very Bad
PM2.5: Bad
O₃: Moderate

CAI: Comprehensive Air-quality Index
PM10: Particulate Matter Less than 10㎛
PM2.5: Particulate Matter Less than 2.5㎛
O₃: Ozone

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BIZ Corporate Newsroom

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#Fed (LEAD) Korean won stays near lowest level in 15 years on hawkish Fed, political turmoil (ATTN: UPDATES throughout with latest, more details) SEOUL, Dec. 20 (Yonhap) -- The South Korean currency stayed near its lowest level in more than 15 years Friday as the U.S. economy grew faster t... Corporate Newsroom 16:03 Dec. 20
#Air Premia-new plane Air Premia to increase its fleet to 9 in 2025 related article SEOUL, Dec. 20 (Yonhap) -- Air Premia Inc., a South Korean low-cost carrier (LCC), said Friday it will increase the number of its planes to nine before the end of next year to better serve its expa... Corporate Newsroom 14:42 Dec. 20
#Uber Taxi Uber to acquire TMAP Mobility's shares in UT for sole ownership related article SEOUL, Dec. 20 (Yonhap) -- Global mobility platform Uber said Friday it will take over its South Korean partner's shares in their joint mobility venture here to begin the independent operation of t... Corporate Newsroom 14:06 Dec. 20
#stocks-morning Seoul shares down over 1 pct late Fri. morning on foreign, institutional sell-offs SEOUL, Dec. 20 (Yonhap) -- The South Korean stock market traded 1.24 percent lower late Friday morning as foreign and institutional investors continued their massive sell-offs for the second consec... Corporate Newsroom 11:29 Dec. 20
#Fed Korean won stays near lowest level in 15 years on hawkish Fed, political turmoil SEOUL, Dec. 20 (Yonhap) -- The South Korean currency flirted with the lowest level in more than 15 years Friday after the Federal Reserve hinted at a slower pace of rate cuts next year and South Ko... Corporate Newsroom 09:38 Dec. 20
#LG Energy Solution-US deal LG Energy Solution wins ESS supply deal from U.S. firm related article SEOUL, Dec. 20 (Yonhap) -- LG Energy Solution Ltd. (LGES), South Korea's leading battery maker, said Friday its U.S. unit has signed a multi-year deal to supply energy storage systems (ESS) to a lo... Corporate Newsroom 09:35 Dec. 20
#stocks-open Seoul shares open sharply lower on Fed aftermath SEOUL, Dec. 20 (Yonhap) -- Seoul shares started sharply lower Friday on the U.S. Federal Reserve's hawkish turn, which signaled fewer rate cuts next year. The benchmark Korea Composite Stock Pri... Corporate Newsroom 09:29 Dec. 20
#inflation Producer prices up for 1st time in 4 months in Nov. SEOUL, Dec. 20 (Yonhap) -- South Korea's producer prices rose for the first time in four months in November, central bank data showed Friday. The producer price index, a major barometer of consu... Corporate Newsroom 08:24 Dec. 20
#Lotte Chemical Lotte Chemical bondholders agree to remove clause causing liquidity concerns related article SEOUL, Dec. 19 (Yonhap) -- The holders of corporate bonds issued by loss-making Lotte Chemical Corp. agreed Thursday to remove a clause in the company's bond covenants that the company and others b... Corporate Newsroom 18:38 Dec. 19
#KOSPI (LEAD) Seoul shares plunge nearly 2 pct on hawkish Fed, Micron shock; won tumbles related article (ATTN: ADDS bond yields at bottom, photo) SEOUL, Dec. 19 (Yonhap) -- Seoul shares tumbled nearly 2 percent Thursday as risk appetite weakened after the U.S. Federal Reserve hinted at a slower monet... Corporate Newsroom 16:45 Dec. 19
#stocks-summary Seoul shares plunge nearly 2 pct on hawkish Fed, Micron shock; won tumbles related article SEOUL, Dec. 19 (Yonhap) -- Seoul shares tumbled nearly 2 percent Thursday as risk appetite weakened after the U.S. Federal Reserve hinted at a slower monetary easing cycle next year and U.S. tech g... Corporate Newsroom 16:03 Dec. 19
#Hyundai-Kia Hyundai, Kia's Europe sales down 10.5 pct in Nov. related article SEOUL, Dec. 19 (Yonhap) -- Combined vehicle sales of leading South Korean automakers Hyundai Motor Co. and Kia Corp. in Europe fell 10.5 percent in November from a year ago, industry data showed Th... Corporate Newsroom 15:40 Dec. 19
#OTT S. Korea to invest 1 tln won in boosting global competitiveness of homegrown OTT platforms related article SEOUL, Dec. 19 (Yonhap) -- South Korea will invest 1 trillion won (US$689.5 million) to help strengthen the competitiveness of homegrown over-the-top (OTT) platforms amid intensifying competition i... Corporate Newsroom 14:00 Dec. 19
#Hyundai Motor Group Hyundai Motor Group tops annual U.S. automotive safety awards with most recognitions related article SEOUL, Dec. 19 (Yonhap) -- Hyundai Motor Group said Thursday its brands have earned the most recognitions in an annual safety awards from the U.S. Insurance Institute for Highway Safety (IIHS). ... Corporate Newsroom 13:38 Dec. 19
#stocks-morning Seoul shares down 1.68 pct late Thurs. morning on Fed rate cut, Micron shock SEOUL, Dec. 19 (Yonhap) -- Seoul shares traded 1.68 percent lower late Thursday morning on the aftermath of the U.S. Federal Reserve's rate cut and U.S. tech giant Micron's overnight slump. The ... Corporate Newsroom 11:41 Dec. 19
#Doosan Enerbility Doosan Enerbility to supply components for TerraPower's SMR project in U.S. related article SEOUL, Dec. 19 (Yonhap) -- Doosan Enerbility Co. said Thursday it plans to supply key components for a small modular reactor (SMR) project by TerraPower LLC, a nuclear reactor startup founded by Bi... Corporate Newsroom 10:24 Dec. 19
#Samyang Foods-overseas plant Maker of 'Buldak' spicy ramen to build first overseas plant in China related article SEOUL, Dec. 19 (Yonhap) -- Samyang Foods Inc., famous for its Buldak spicy ramen, said Thursday it will invest 201.4 billion won (US$139 million) to build its first overseas plant in China by early... Corporate Newsroom 09:57 Dec. 19
#stocks-open Seoul shares open sharply lower after Fed rate cut; won sharply down SEOUL, Dec. 19 (Yonhap) -- Seoul shares started over 1.8 percent lower Thursday after the U.S. Federal Reserve cut its rate for the third consecutive time but signaled fewer rate cuts next year. Th... Corporate Newsroom 09:36 Dec. 19
#stocks-summary (LEAD) Seoul shares soar over 1 pct on bargain hunting (ATTN: ADDS bond yields at bottom, photo) SEOUL, Dec. 18 (Yonhap) -- Seoul shares ended more than 1 percent higher Wednesday as foreign investors picked up blue chip tech shares in a bargain follow... Corporate Newsroom 16:45 Dec. 18
#Hanwha Systems Hanwha Systems wins 112 bln-won deal for K2 tank weapons system maintenance related article SEOUL, Dec. 18 (Yonhap) -- Hanwha Systems Co. said Wednesday it has secured a 112.3 billion-won (US$78.2 million) contract from the South Korean arms procurement agency to provide maintenance suppo... Corporate Newsroom 16:35 Dec. 18

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