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Saturday, March 2, 2024

BUSINESS

Korea and U.S. discuss chip restrictions

SK hynix's booth at a semiconductor exhibition in Seoul in October. The first meeting between the Korean Trade Ministry and the U.S....

BB.Q Chicken offers new Jamaican-style dish with plans to go to North America

BB.Q Chicken introduced its Jamaican Jerk Fried Chicken with Sotteok to local customers on Monday, with plans to bring the dish to its North...

Lee & Ko hired by government to do IRA-related legal work

Lee & Ko has been engaged by the government for legal work related to possible challenges to the Inflation Reduction Act (IRA). Local press reports...

[KJD, EXCLUSIVE] Samsung C&T proposes $153 million solar power plant in Texas

A unit of Samsung C&T is considering developing a solar power plant worth $153 million in Texas with the aim of making it operational...

HYBE reports 91 percent surge on year in net profit for third quarter

HYBE reported a consensus-beating 91 percent on-year surge in net profit during the third quarter of this year due to album sales and the...

Hyundai, Kia’s U.S. sales up 7.9% in October amid chip shortage

Hyundai Motor Group said Wednesday its overall vehicle sales in the United States rose 7.9 percent last month from a year earlier despite the...

[Breaking] Fed made another giant steps, raised 0.75%p

The Fed decided another interest rate hikes, by 0.75 percentage points, the sixth increase this year to combat against inflation, and signaled to continue...

Seoul shares open lower on dim U.S. tech earnings, Fed uncertainties

Stocks opened lower Friday, weighed by lackluster earnings and forecasts from major U.S. tech companies, with uncertainties hanging over the Federal Reserve's next move...

Korea on track to hit 2.6 percent 2022 GDP growth target

Containers stacked at a dock in a port in Busan on Oct. 3 Korea’s economy grew by 3.1 percent in the third...

Lee Jae-yong appointed chairman of Samsung Electronics

Lee Jae-yong speaks at a Samsung Electronics chip factory in Pyeongtaek, Gyeonggi on May 20 when U.S. President Joe Biden and President Yoon...