The Korea Herald

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LATEST NEWS

October 28, 2016

Hanmi Pharma delays phase 3 trials of diabetes treatments until 2017

[ THE INVESTOR ] South Korea’s Hanmi Pharmaceutical will embark on Phase 3 clinical trials of its long-acting diabetes treatments in 2017, the company said on Oct. 27. The late-stage study on so...

5 firms bid for Hanjin’s US-Asia assets

[ THE INVESTOR ] Five potential buyers including SM Group have submitted their preliminary bids for troubled Hanjin Shipping’s Asia-US route, industry sources said on Oct. 28. “We will decide on p...

October 28, 2016
Samsung SDI to buyback W289b worth shares

[DISCLOSURE] Samsung SDI (006400), an affiliate of Samsung Electronics, said on Oct. 27 that it will purchase treasury stocks worth 298 billion won (US$261.17 million) to level up the stock price. ...

October 27, 2016
Samsung Engineering turns to black in Q3

[DISCLOSURE] Samsung Engineering (028050), South Korea’s largest builder of engineering projects, swung to an operating profit of 53.2 billion won (US$46.62 million) in the third quarter, the compa...

October 27, 2016
Celltrion Healthcare to ship W260b worth Inflectra to US

[ THE INVESTOR ] South Korea‘s Celltrion Healthcare will ship 260 billion won (US$227.81 million) worth of a Remicade biosimilar developed by its affiliate Celltrion to the US by the end of 2016,...

October 27, 2016
NPS to pour W1tr more into local stocks this year

[ THE INVESTOR ] South Korea’s state-run National Pension Services, which oversees over 540 trillion won (US$473 billion), will pour 1 trillion won into local equities by the end of this year, the ...

October 27, 2016
Hanmi Pharma’s Q3 operating profit plunges 62%

[ THE INVESTOR ] South Korean drug maker Hanmi Pharmaceutical said on Oct. 27 that its operating profit plunged 61.6 percent in the third quarter compared with the previous year when the firm’s r...

October 27, 2016
Naver’s Q3 revenue breaks W1tr mark

[ THE INVESTOR ] South Korean internet giant Naver on Thursday reported that its third-quarter revenue surged 20.5 percent on-year to reach 1.01 trillion won ($890 million), led by growing sales...

October 27, 2016
Naver maintains 30% dividend payout ratio

[ THE INVESTOR ] Naver , South Korea’s top internet portal operator, will continue to maintain a dividend payout ratio of 30 percent, the company said on Oct. 27. “Since 2009, we have been givin...

October 27, 2016
Korean institutional investors fund Air France

[ THE INVESTOR ] South Korea’s two institutional investors have made an investment in aircraft financing for French flag carrier Air France, according to sources on Oct. 26. Public Officials Bene...

October 26, 2016
Sungjee Construction merges with IB Pharm

[ THE INVESTOR ] Sungjee Construction , South Korea’s midsized builder, has decided to merge with its subsidiary IB Pharm in a bid to diversify its business portfolio to the pharmaceutical sector...

October 26, 2016
CLIO to tap deeper into Chinese cosmetics market

[ THE INVESTOR ] South Korea’s cosmetics maker CLIO, which seeks to get listed on the Seoul bourse next month, will target China’s growing color makeup market, the firm said on Oct. 24. “Cosmetic...

October 24, 2016
Great Rich Technologies to debut on KOSDAQ

[ THE INVESTOR ] China’s Great Rich Technologies got approval on Oct. 24 from the Korea Exchange to list on South Korea’s secondary KOSDAQ market. The stock trading will kick off on Oct. 25 with t...

October 24, 2016
Korea’s air carriers to log solid Q3 earnings: analyst

[ THE INVESTOR ] South Korea’s major air carriers Korean Air Lines , Asiana Airlines and Jeju Air are expected to beat earnings estimates in the third quarter thanks to rising air traffic and...

October 24, 2016
France’s DCNS eyes French unit of STX Offshore

[ THE INVESTOR ] France’s state-run shipyard DCNS is mulling a bid to acquire STX France, the French unit of South Korea’s troubled shipyard STX Offshore & Shipbuilding which is under court receive...

October 21, 2016

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