South Korea Tag

Hyundai Motor Group’s construction subsidiary, Hyundai Engineering, is bidding for a South Korean waste treatment company owned by KG Group, namely KG Eco Technology Services (KG ETS), as reported by the Korea Economic Daily on November 16, citing people familiar with the matter. Other bidders...

South Korean steelmaking giant POSCO [PKX:US] announced on November 15 in a regular board meeting that the company will ramp up its production of non-grain-oriented electric steel sheet metal by four times, an important material for traction motors of electric vehicles (EV), as reported by...

South Korea’s private equity company STIC Investment plans to sell local leading biodiesel material maker Daekyung O&T, with BofA Securities as the underwriter, as reported by the Korean Economic Daily on October 29. South Korean major refiners like SK Innovation [096770:KS], S-Oil Corporation [010950:KS], and...

South Korea has officially scaled up climate ambition and committed to reducing carbon emissions by 40% from 2018 levels by 2030, as reported by Reuters on October 18. The new target was proposed as the country’s revised nationally determined contribution (NDC), as nations are expected...

South Korea’s Fair Trade Commission (KFTC) has commenced investigations into internet group Kakao’s [035720:KS] ride-hailing unit Kakao Mobility and e-commerce giant Coupang [CPNG:US] for their alleged unfair business practices, as reported by the Korea Economic Daily on September 12. To be more specific, taxi driver...

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