Miniature electric cars are gaining popularity. At present, three companies are competing in this segment, but other companies are planning to enter it as demand for ultra-compact electric cars are on the rise.The Korea Post announced on May 20 that it would increase the number of miniature electric
1 out of 10 Korean companies among the nation’s top 500 has an ailing financial structure to the extent that it is unable to repay even the interest on its debts with profits earned from normal business activities.On Oct. 18, CEO Score, a business performance evaluation website, released the results
Fully committed to improve profitability, POSCO is accelerating the disposal of non-core real estate assets and the restructuring of ailing subsidiaries.According to POSCO and steel industry sources on May 10, POSCO signed a contract with Lotte Shopping last month to sell a Lotte Mart building and i
Since STX Pan Ocean Co. filed for bankruptcy, the company will be eliminated from the Korea Stock Exchange KOSPI 200 Index (KOSPI 200). Accordingly, STX Group's shares will be also removed from the same index. Korea Exchange (KRX) announced on August 30 that, starting on September 2, STX will be exc