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Reporter : Yi Whan-woo
Fri, September 17, 2021 | 12:28
POSCO, Hyundai Steel team up to recycle seashells
POSCO and Hyundai Steel will jointly recycle seashells as part of efforts to enhance environmentally-friendly manufacturing processes in steel production.
POSCO receives highest grade in annual index for co-prosperity
POSCO has received the highest grade in an annual evaluation of large businesses based on their efforts to seek joint prosperity with smaller firms.
LG Chem, US firm join hands to produce bio-plastics
LG Chem has joined hands with Archer Daniels Midland (ADM), a U.S. food processing and commodities trading company, to manufacture bio-plastics from corn, the Korean company announced Tuesday.
FSS expected to undergo massive reshuffle around Chuseok holiday
Financial Supervisory Service (FSS) Governor Jeong Eun-bo is expected to carry out a much-awaited, massive reshuffle of FSS executives immediately before or after the Chuseok holiday, according to sources familiar with the matter, Monday.
Crowdfunding for art purchases emerging as new investment strategy
“$ (Quadrant),” a screen print of four stylized dollar signs created by internationally-acclaimed pop artist Andy Warhol in the 1980s, is worth hundreds of thousands of dollars ― way more than an average office worker could afford. But it could be possible if people pool funds together that can eventually grow large enough to buy such a piece. This kind of “crowdfunding” camp...
Hyundai's new Casper boosts optimism in President's Gwangju job revitalization project
A new Hyundai Motor vehicle scheduled to launch later this month is raising hopes in President Moon Jae-in's innovative job market revitalization initiative.
1st meeting between FSC, FSS chiefs
Financial Services Commission (FSC) Chairman Koh Seung-beom, right, and Financial Supervisory Service (FSS) Governor Jeong Eun-bo shake hands at the government complex in central Seoul, Thursday. The two discussed measures to enhance cooperation to tackle soaring household debt and other financial risks during their first meeting after Koh, a former Bank of Korea official, of...
Banks step up wealth management services for elderly
Commercial banks are capitalizing on a sharp rise in the elderly population, which is increasing demand for services related to safe transfer of wealth to designated beneficiaries.
4th coronavirus wave sending shudders through Korean economy
Repercussions from the continued spread of the Delta variant of the coronavirus have begun rippling across the Korean economy, with key economic indicators, such as industrial output and retail sales, turning downward. This situation suggests that the country's economic recovery will be dampened by the Delta variant-driven, fourth wave of COVID-19 cases, and that its growth m...
[ANALYSIS] Raw material price increases could burden Korea's economy
Rising raw material prices are putting pressure on businesses in Korea, although the country's private and industrial sectors have been showing signs of a steady recovery from the early effects of the COVID-19 pandemic.
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