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This is where you can find latest news about Korean business conglomerates.

Concerns rise on future of acquisition contract Concern is rising as to whether Hyundai Heavy Industries (HHI) will be able to finish its acquisition of Daewoo Shipbuilding & Marine Engineering (DSME) faced with the all-out opposition of its union members...
'Sunseo Omega-3' brand creator promotes new-concept foods Green Grass founding CEO Shin Seung-ho appears to be a genuine entrepreneur. The farmer-turned-businessman has attempted to develop foods, which cure diseases over the past 18 years. On the belief that “diseases caused by...
Korean companies introduce delivery service robots Everything has a flip side. Even the novel coronavirus leads to some exciting results _ a mounting number of South Korean companies come up with futuristic robots. GS Retail said this week that it will...
The grandson of Nongshim Chairman Shin Chun-ho will join the country’s leading maker of instant noodles, or ramyeon, the Seoul-based company confirmed on March 9. Nongshim said that Shin Sang-yeol, who graduated from Columbia University and worked as an intern...
Korean webtoon platform starts global event A popular Korean webtoon portal launched an event of giving global fans the chance to vote on their favorite webtoons in three languages over the next 10 days. Lezhin Entertainment said Dec. 6 that the...
Korean thriller continues to make history Highly-successful Netflix original series Squid Game has become the first South Korean drama to receive a Gotham Award as it won in the category for breakthrough series over 40 minutes. Last year, HBO’s Watchmen garnered...
How South Korean people fight against novel coronavirus A recent study of Dr. Jean Bousquet from the Montpellier University of France showed that South Korea’s traditional fermented side dish kimchi helped the country lower COVID-19 fatality rates. South Korea is...
SoftBank invests 2 trillion won in Korea’s travel platform Yanolja said on July 15 that SoftBank’s Vision Fund 2, one of the world’s top tech-focused investment funds, had invested 2 trillion won ($1.7 billion) in South Korea’s travel platform. Observers point...
Tesla-disappoints-investors

Tesla disappoints investors

EV maker fails to impress at Battery Day event Tesla, the world’s leading electric vehicle (EV) maker, failed to impress investors during the Battery Day event at its U.S. factory on September 22, according to analysts. Elon Musk, the charismatic CEO...
Global alliance for the hydrogen business comes to town H2Korea announced on May 12 that the Global Hydrogen Industrial Association Alliance (GHIAA) would be launched on May 25 in downtown Seoul. The new global alliance will bring together hydrogen-associated organizations of...

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Mirae Asset Securities wins top marks in ESG

Leading brokerage house sets an example in responsible management South Korea’s Mirae Asset Securities said on Nov. 30 that it had secured the highest A...