

Doosan‘s merger plan fuels investor clash
Governance shakeup pits Bobcat‘s profits against Robotics’ potential Doosan Group’s recently announced governance restructuring plan has divided investors, raising questions about its viability. Central to the plan, unveiled on July 11, is the proposal to make Doosan Bobcat a wholly-owned subsidiary
July 17, 2024 - 17:51:18Here‘s why ’sugar-free‘ is not such a sweet deal
Food makers admit that artificial sweeteners can spike blood sugar too Beverages and food items labeled with “zero” -- intended to indicate they are sugar-free -- have faced criticism in Korea, as their promoted benefits often lead consumers to overconsume them, believing they contain no ingredients
July 14, 2024 - 16:34:19Are pedal cams the answer to Korea’s sudden acceleration disputes?
When dashcams remain voluntary, mandating pedal cams met with skepticism In the wake of several tragic car accidents across Korea, pedal cameras are being proposed as a new tool to address the contentious issue of sudden unintended acceleration, or SUA. These cameras, which capture drivers’ foot mov
July 14, 2024 - 15:17:15How a hand gesture can turn into a corporate crisis
Sexist row pours cold water on Renault Korea’s new car launch Renault Korea, the Korean subsidiary of French carmaker Renault S.A., is grappling with a backlash over promotional videos that included a controversial finger-pinching gesture perceived as offensive towards men in South Korea. This gestu
July 7, 2024 - 15:06:10Why Naver, Nvidia are teaming up for ‘sovereign AI’
Top executives of Naver and Nvidia met in the US last week and their key agenda was securing “sovereign AI.” Sovereign AI refers to a nation’s capabilities to autonomously develop and produce artificial intelligence models using its own infrastructure, data, workforce and business network. Tech firm
July 3, 2024 - 15:34:06Why Korean battery companies are key to Tesla‘s 2170 upgrade strategy
South Korean battery material companies are emerging as key players in Tesla‘s revamped supply chain as the carmaker upgrades its 2170 battery cells -- integral to its most popular models. Tesla‘s initiative to enhance battery performance centers on upgrading the anode and cathode materials, which a
June 16, 2024 - 14:16:14Will Naver Webtoon, Yanolja be next Coupang?
Two Korean firms eye Nasdaq listing for higher valuation, aggressive expansion overseas Two Korean companies -- Naver Webtoon and Yanolja -- are preparing for a US stock debut this year, seeking higher valuation and aggressive overseas expansion. Their US push comes after Coupang’s successful Nasdaq
June 13, 2024 - 15:40:13How Hanwha Qcells thwarts China surge in US solar market
New Georgia plant to enjoy $900m tax benefits annually In the wake of a generative artificial intelligence-driven energy surge and favorable regulatory shifts, Hanwha Solutions’ Qcells is poised to benefit from massive government subsidies in the US solar market. As many US solar companies have been
June 10, 2024 - 14:45:57Has South Korea really struck oil?
Financial feasibility remains uncertain as each well costs 100 billion won ($72.6 million) to drill, with no guarantee of viable reserves The South Korean government is making headlines with claims of potentially substantial oil and natural gas reserves discovered off its southeastern coast, near Po
June 4, 2024 - 14:46:57Korea yet to welcome spot crypto ETFs
With lack of regulatory framework, ‘crypto whale’ misses out on lucrative market opportunities While the US Securities and Exchange Commission made another move to embrace cryptocurrency by approving exchange-traded funds tied to the price of ether, the most famous crypto after bitcoin, spot cryptoc
June 3, 2024 - 15:16:52Hyundai eyes IPO to leverage presence in India
$3b stock debut poised to become India‘s largest listing Hyundai Motor Group is aiming to list its Indian subsidiary, Hyundai Motor India, in the coming months, raising up to $3 billion in a landmark initial public offering, according to industry sources Monday. HMI reportedly plans to file for the
June 3, 2024 - 15:15:53US crackdown on Chinese connected vehicles unsettles Korea
Korean auto industry urges clarity, citing complexity of mobility supply chains The South Korean government and automotive industry are on high alert as the US prepares to enforce regulations on Chinese-made connected vehicles this fall, citing national security concerns about potential data leaks i
May 26, 2024 - 14:00:36Hong Kong rally spurs hope for ELS loss mitigation
ELS products maturing from July onwards set to avoid losses if HSCEI reaches 7,500 Hong Kong stocks surged to a 10-month high Monday, continuing a bullish rally and sparking hopes of South Korea‘s recovery from significant losses tied to equity-linked securities tracking the Chinese index. The Hang
May 21, 2024 - 17:59:33Why Korea‘s so tough on short selling
Following November ban, 9 foreign banks busted for illegal stock short sales worth $155m Since November, South Korea has intensified its crackdown on illegal short selling by institutional investors, uncovering widespread practices among global banks. In an interim results announcement earlier this
May 19, 2024 - 16:10:30Hyundai-backed Motional’s struggles deepen as Tesla eyes August robotaxi debut
Motional, Hyundai Motor Group’s robotaxi service joint venture in the United States, has hit a rough patch recently, facing major investor pullouts, a delayed service launch and a drastic 40 percent workforce reduction. This turbulence comes as Elon Musk recently announced Tesla’s plans to launch it
May 16, 2024 - 15:22:04