K-VIBE BRAND

BRAND

Search: 9,668

BRAND

BOK to end corporate bond-buying program as scheduled amid stabilizing market

SEOUL, Dec. 23 (Yonhap) -- South Korea's central bank said Thursday it will end a special program to buy corporate bonds, including low-rated debts, at the end of this month as planned as the financial market has stabilized.The Bank of Korea (BOK
BRAND

Corporate earnings hit 6-year low in 2020 amid pandemic

SEJONG, Dec. 23 (Yonhap) -- South Korean firms' earnings plunged to a six-year low in 2020 in the wake of the coronavirus pandemic, government data showed Thursday.The combined pretax net profit of 13,429 companies came to 97.7 trillion won (US$8
BRAND

Gov't to cut credit card processing fees for small merchants

SEOUL, Dec. 23 (Yonhap) -- The government will cut credit card processing fees for small merchants to ease their burdens amid the COVID-19 crisis, the ruling Democratic Party said Thursday following its meeting with financial authorities. The commiss
BRAND

(LEAD) Housing prices, household debt are major risks to financial stability: BOK

(ATTN: UPDATES with more details in paras 10-12)SEOUL, Dec. 23 (Yonhap) -- South Korea's financial system has remained stable, but a rise in housing prices and high household debt serve as major potential risks to financial stability, a central b
BRAND

S. Korea begins trial run of hydrogen heavy duty trucks

SEOUL, Dec. 23 (Yonhap) -- A trial run of hydrogen-powered heavy duty trucks kicked off Thursday as part of South Korea's broader efforts for a shift to eco-friendly vehicles in line with the carbon emission cut initiative. Five 11-ton fuel cell
BRAND

Housing prices, debt are major risks to financial stability: BOK

SEOUL, Dec. 23 (Yonhap) -- South Korea's financial system has remained stable, but a rise in housing prices and high household debt serve as major potential risks to financial stability, a central bank report showed Thursday.In a biannual report
BRAND

Hyundai Motor to present robotics-based mobility vision at CES

SEOUL, Dec. 23 (Yonhap) -- Hyundai Motor Co., South Korea's top automaker, said Thursday it will unveil its future mobility vision based on robotics technologies at an upcoming international consumer electronics event in the United States, reflec
BRAND

Main stock market's turnover hits 19-month low in Dec.

SEOUL, Dec. 23 (Yonhap) -- Turnover of South Korea's main bourse plumbed a 19-month low in December as retail investors flee stocks for higher returns, data showed Thursday.The average daily turnover of the KOSPI market stood at slightly over 10
BRAND

(3rd LD) SK hynix gets China's approval for Intel NAND biz takeover

(ATTN: UPDATES with more details in paras 10-11)By Woo Jae-yeon and Kim Seung-yeon SEOUL, Dec. 22 (Yonhap) -- South Korean chipmaker SK hynix Inc. said Wednesday it has received approval from Chinese authorities for its takeover of Intel Corp.'s
BRAND

(2nd LD) SK hynix gets China's approval for Intel NAND biz takeover

(ATTN: UPDATES with more details in last 5 paras; ADDS photo)SEOUL, Dec. 22 (Yonhap) -- South Korean chipmaker SK hynix Inc. said Wednesday it has received approval from Chinese authorities for its takeover of Intel Corp.'s NAND memory chip busin
Ilya to raise 978 mln won via stock sale

BRAND

SEOUL, Dec. 22 (Yonhap) -- Ilya Co.on Wednesday announced that it will sell stocks to raise 978 million won (US$820,469). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filing, the comp
BRAND

(LEAD) SK hynix gets China's approval for Intel NAND biz takeover

(ATTN: UPDATES with more details throughout; ADDS photo)SEOUL, Dec. 22 (Yonhap) -- South Korean chipmaker SK hynix Inc. said Wednesday it has received approval from Chinese authorities for its takeover of Intel Corp.'s NAND memory chip business,
Taihan Electric Wire to raise 500.5 bln won via stock offering

BRAND

SEOUL, Dec. 22 (Yonhap) -- Taihan Electric Wire Co.on Wednesday announced that it will sell stocks to raise 500.5 billion won(US$419.9 million). The proceeds from the stock sale will be used mainly to pay off its debts.According to a regulatory filin
SK hynix gets China's approval for Intel NAND biz takeover

BRAND

SEOUL, Dec. 22 (Yonhap) -- South Korean chipmaker SK hynix has received approval from Chinese authorities for its takeover of Intel Corp.'s NAND memory chip business, people with knowledge of the matter said Wednesday, clearing the way for the me
BRAND

(2nd LD) SK, group chief Chey fined 1.6 bln won over alleged unfair biz case

(ATTN: UPDATES with reaction from civic group in last 4 paras)SEOUL, Dec. 22 (Yonhap) -- South Korea's antitrust regulator said Wednesday it has decided to fine SK Inc. and group chief Chey Tae-won a combined 1.6 billion won (US$1.3 million) over
BRAND

(LEAD) SK, group chief Chey fined 1.6 bln won over alleged unfair biz case

(ATTN: RECASTS throughout with more details and SK's statement)SEOUL, Dec. 22 (Yonhap) -- South Korea's antitrust regulator said Wednesday it has decided to fine SK Inc. and group chief Chey Tae-won a combined 1.6 billion won (US$1.3 million)
BRAND

Finance ministry to prioritize stabilizing inflation next year

SEOUL, Dec. 22 (Yonhap) -- South Korea's finance ministry said Wednesday it will put the top priority on stabilizing consumer inflation next year as the country faces a buildup in price pressure amid rising prices of raw materials and farm produc
BRAND

Financial watchdog to seek 'soft landing' for household debt, bring debt increase under pre-pandemic levels

SEOUL, Dec. 22 (Yonhap) -- South Korea's financial watchdog said Wednesday that it will continue to prioritize a "soft landing" for soaring household debt and bringing debt growth down to pre-pandemic levels next year.In a report layi
SK Holdings, group chief Chey fined 1.6 bln won over alleged unfair biz case

BRAND

SEOUL, Dec. 22 (Yonhap) -- South Korea's antitrust regulator said Wednesday it has decided to fine SK Holdings Co. and group chief Chey Tae-won a combined 1.6 billion won (US$1.3 billion) on allegations that he unfairly received huge profits from
SsangYong signs MOU with BYD for EV battery development

BRAND

SEOUL, Dec. 22 (Yonhap) -- SsangYong Motor Co., the South Korean unit of Indian carmaker Mahindra & Mahindra Ltd., said Wednesday it has signed an initial pact with Chinese electric vehicle maker BYD Auto Co. for EV battery development.SsangYong Moto