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Tue, January 25, 2022 | 06:07

IHQ, ASTORY, Studio Dragon concerned about struggling Netflix

IHQ, ASTORY, Studio Dragon and other media production firms here are increasingly worried about the sudden plunge of Netflix's stock price last Friday which fell by 21.79 percent to finish at $397.5 on Thursday due to disappointing earnings, according to industry analysts Monday.

2022-01-25 00:45

Factory fire drags down Hyosung TNC's stock price

Hyosung TNC's stock price plummeted 6.83 percent to 443,000 won, Monday, following a fire that gutted two buildings at its manufacturing facility in Ulsan.

2022-01-24 16:12

Hanwha Q Cells CEO to represent renewable energy suppliers

Hanwha Q Cells CEO Lee Koo-yung was appointed last Friday as the 14th chair of the Korea New & Renewable Energy Association (KNREA), the solar cell manufacturing unit of Hanwha Solutions said Monday.

2022-01-24 14:25

Tesla, Volvo expand presence against Volkswagen, Jaguar, Land Rover

Tesla and Volvo sales are gaining traction as they compete fiercely as emerging powerhouses in the Korean market while Volkswagen, Ford and Jaguar Land Rover - the traditional market leaders - seem to be losing pace.

2022-01-24 14:02

Beer imports hit 5-year low in 2021

Imports of beer to Korea hit a five-year low in 2021 in the wake of a nationwide boycott of Japanese products, data showed Monday.

2022-01-24 09:57

FTC, maritime ministry conflict over freight rate collusion issue intensifies

Conflict between the country's antitrust regulator and the Ministry of Oceans and Fisheries is intensifying, as the Fair Trade Commission (FTC) is deliberating whether to impose additional sanctions against local maritime shippers on Korea-China and Korea-Japan routes for collusion in fixing freight rates.

2022-01-23 16:50

Steelmakers consider upping dividends to ease shareholder concerns over restructuring

Korea's steel giants are increasingly embracing shareholder-friendly dividend policies, in a collective move to appease investor concerns over corporate restructuring plans whereby holding firms will claim the entire shares of their spinoffs to the exclusion of current firm shareholders.

2022-01-23 16:48

Fire at EcoProBM factory concerns Samsung SDI, SK on

Samsung SDI and SK on are facing growing concerns over the possible impact of last Friday's fire at EcoProBM's factory in Cheongju, North Chungcheong Province, as they have relied on the Kosdaq-listed battery materials firm for cathode materials.

2022-01-23 16:17

Samsung Electronics about to reach wage agreement

Samsung Electronics is on the brink of settling the first-ever collective bargaining agreement over wages in its 52-year history. A representative from one of four Samsung Electronics unions said Sunday that the conglomerate's unionized workers started voting a day earlier on the management's final proposal for 2021 wages, submitted last Friday to the four unions.

2022-01-23 15:04

Air traffic up 11% last year but still below pre-pandemic level: data

South Korea's air traffic rose nearly 11 percent last year on increased domestic flights, but international travel continued to falter amid the COVID-19 pandemic, data showed Sunday.

2022-01-23 13:29

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