Creditors to channel $1.4 billion Creditors of Asiana Airlines will funnel around $1.4 billion into the debt-ridden airline company to help it deal with liquidity problems and speed up its sale, the country’s chief economic policymaker said. The state-run Korea Development...
Does state oil company have too much market power? Few Koreans know much about Saudi Aramco, the oil company headquartered in Saudi Arabia, but the outfit continues to expand its footprint here silently. Early this week, Hyundai Heavy Industries Holdings said...
SK, Hanwha may purchase airline firm Which company will take over Asiana Airlines, which is now up for sale after its owner Kumho Asiana Group gave in to the conglomerate’s main creditor, the Korea Development Bank?  On the lips of observers...
Auto parts maker strives to top $450 mil. in profits In the past, Hanon Systems was a Korean auto parts supplier that relied almost entirely on Hyundai Motor and Kia Motors, the country’s two leading automobile makers. But the Daejeon-based company...
Preferred bidder to be announced soon Liberty Media, which owns Major League Baseball team Atlanta Braves, tried to purchase Korea’s game publisher Nexon, which is currently up for sale, according to a local media outlet. Sources in the investment banking industry...
Chief executives of flag carriers suffer setbacks Heads of Korea’s two flag carriers quit their jobs in two days _ one was ousted, and the other decided to leave the top position amid the uproar over an audit report. Kumho-Asiana Group...
Still, honesty is the best policy From last year, the sale of Oriental Brewery (OB) has been on the lips of observers and journalists. Of note is how OB and owner AB InBev have dealt with the reports. The Korea...
Out of almost 10 contenders seeking to acquire Korean game publisher Nexon, five have seemingly made it to the next round. Citing investment banking sources, Korean media outlets reported that five had been shortlisted. They include Tencent, Kakao, MBK Partners...
Comcast Corporation, the No. 2 broadcasting and cable TV company in the world, keeps an eye on Korea to find new revenue sources. The Philadelphia-based cable giant reportedly took part in the heated competition to acquire Nexon, a highly successful...
A global consortium headed by a Korean investment bank was selected as the preferred bidder for ownership of the Tour Majunga, the fourth-tallest building in France, after offering around $1 billion. Mirae Asset Daewoo leads the consortium, which includes Amundi...

ADVERTISEMENTS

KAIST Logo

POPULAR ARTICLES

ADVERTISEMENTS

KAIST Logo

LATEST ARTICLES

BTS-diplomatic-asset

BTS: diplomatic asset

Korean President rides on the boy band's popularity People often struggle to break the ice when they are talking to someone new, and heads of...
It’s-BTS-Jimin-time

It’s BTS Jimin time

ADVERTISEMENTS

KAIST Logo