The European Union (EU)’s decision to approve a Korean Airlines-Asiana Airlines merger is fast approaching, drawing more attention from the airline industry. While many experts believe that approval will be given with some conditions, a formal outcome has not come out, keeping both airlines on edge.
Korean Actress Hyeri, who is also a former member of Korean girl group “Girl’s Day,” revealed that she did not receive a refund after having her airplane seat unilaterally downgraded. Therefore, Delta Air Lines offered an apology in a statement.According to Delta Air Lines, some first-class passenge
K-water has been selected as the implementer for the “Ukraine Uman Smart City Master Plan Establishment Project,” a K-City Network project overseen by the Ministry of Land, Infrastructure, and Transport and the Korea Overseas Infrastructure & Urban Development Corporation, on Aug. 23. This initiativ
On the 50th anniversary of World Environment Day, Huawei and IUCN highlighted smart solutions for supporting effective and fair management and governance of protected and conserved areas, and the growing importance of technology in tracking threatened species and protecting their natural habitats.Hu
Hyundai Mobis began construction of a new EV dedicated battery system plant in Indonesia, which it plans to have completed by the first half of next year. Hyundai Mobis intends to set Indonesia as a beachhead as the country is emerging as the heart of the ASEAN market, and catapult to being a leader
The U.S. Department of Justice (DOJ), which is reviewing the merger and acquisition (M&A) of Korean Air and Asiana Airlines, has indicated to Korean Air that it will be challenging to approve the merger without a competitor comparable to Asiana.According to sources in the aviation industry and inves
The authur is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com -- Ed.Daewoo E&C’s 1Q23 earnings beat consensus on cost-to-sales ratio improvement at the plant division. Ongoing cost-to-sales ratio improvement is anticipated at the plant division on the full-fledged
The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com. -- Ed.In February, pre-sales performance differed widely by construction project. While competition heated up for projects sitting in preferred locations with attractive prices, other projects were sign
The Korea Forest Service and the Ministry of Agriculture and Rural Development of Vietnam held a mangrove planting event in the Red River Delta area in Ninh Bình.The afforestation event was held as a part of South Korea’s official development assistance in Vietnam. In this ODA project, aquaculture i
Hyundai Motor Co. is revving up its efforts to penetrate the Association of Southeast Asian Nations (ASEAN) market based on its Indonesian plant, which started operating last year.Hyundai Motor Manufacturing Indonesia (HMMI) rolled out 82,416 units in 2022, according to the Indonesian Automobile Man
HD Hyundai CEO Chung Ki-sun attended the Fortune Brainstorm Tech Dinner held at a hotel in Las Vegas on Jan. 4, one day before the opening of CES 2023.Hosted by Fortune, this event invites executives from the top 100 tech companies among those participating in the annual technology exhibition.This y
Hyundai Motor Indonesia (HMMI), Hyundai Motor Co.'s subsidiary in Indonesia, has become the 6th-largest automobile producer in Indonesia by rolling out a total of 76,076 units in the first 11 months of the year. HMMI's output for the whole of 2022 is expected to top 80,000 units. According t
Hyundai Motor Group announced on Dec. 15 (local time) that it has established Hyundai Energy Indonesia, a battery pack production corporation, completing its battery value chain in Indonesia. Ground will be broken for the company's battery packing plant in the first half of 2023.Hyundai Motor Gr
The U.S. competition authority has decided to conduct an additional review of a business combination between Korean Air and Asiana Airlines beyond the announced review period. Concerns are growing that the merger process between two airlines may be extended. Previously, the UK competition authority
The author is an analyst of NH Investment & Securities. He can be reached at pk.park@nhqv.co. -- Ed. ctDNA technology a game changerAt this year’s ASCO conference, circulating tumor DNA (ctDNA) was at the center of attention. Though various technological challenges need to be tackled first for full-
The author is an analyst of NH Investment & Securities. He can be reached at pk.park@nhqv.co. -- Ed. Although the global bio sector index continues to be sluggish, we believe it will be important to pay close attention to global clinical trial data for ADC and KRAS inhibitors at 2022 ASCO (Jun 3~7).
The authors are analysts of Shinhan Investment Corp. They can be reached at doyeon@shinhan.com and hyon@shinhan.com, respectively. – Ed. Record-breaking earnings streak to continue into 2Q22DB HiTek generated operating profit of KRW181.5bn (+31.4% QoQ) on sales of KRW395bn (+7.4% QoQ) in 1Q22, once
Korean Air faces difficulties in getting approval from the U.S. competition authorities for its acquisition of Asiana Airlines.“The U.S. Justice Department strongly believes that a marriage between Korean Air and Asiana Airlines will impose restrictions on fair competition, so the merger will face d
Hyundai Motor Co. has inaugurated Hyundai Motor Manufacturing Indonesia, its first factory in Southeast Asia, located in Deltamas industrial complex near Cikarang, Indonesia, 40 kilometers east of the capital city of Jakarta.A ceremony was held on March 16 at the plant with the attendance of Preside
The author is an analyst of NH Investment & Securities. He can be reached at ys.jung@nhqv.com -- Ed. Passenger demand in February recovered within a limited range. Cargo volume growth was affected by low seasonality. Concerns are rising that oil price upsurge could lead to fuel cost increase and wea