Four Seasons Hotel Seoul ushers in a new era of excellence with the appointment of Michael Schmid as General Manager.A pioneering multi-lingual hospitality veteran and strategic visionary, Michael is a felicitous new addition to the dynamic creativity and high-care curation of Four Seasons hospitali
The author is an analyst for NH Investment & Securities. He can be reached at sw.kang@nhqv.com -- Ed.The Fed's rate cut playbook emphasizes cuts sooner rather than later and further tightening. With this in mind, we anticipate bullish steepening of yield curves starting from 2Q24. The US and EU are
Kia announced on March 10 that its flagship electric vehicle, the EV9, has been named as the 2024 U.K. Car of the Year.The U.K. Car of the Year is selected each year by a 30-member judging panel of locally based automotive journalists who vote on vehicles launched in the last 12 months. Participatin
The Korean Ministry of Trade, Industry and Energy (MOTIE) and the Korea Trade-Investment Promotion Agency (KOTRA) announced on March 10 that they held the Korea-UAE Future Technology Partnership Plaza in Dubai of the United Arab Emirates (UAE) for two days from March 6 to 8.The event was held to sho
LG Household & Health Care announced on March 10 that its cosmetics brand CNP has released new products in its flagship “Propolis” line, specifically targeting the Japanese market.CNP is selling new products, Propolis Vitamin Ampoule and Glow Ampoule, as well as two types of mist, at Ainz & Tulpe st
South Korean travelers have ranked Singapore and Japan as the most secure and comfortable countries to travel in the world. These two countries were ranked first and second, respectively, not only for their safety and security but also for their overall pleasant travel infrastructure, including clea
KB Financial Group has achieved the top position among domestic financial institution brands in the “Banking 500,” announced by the prestigious brand evaluation institution “Brand Finance” based in the U.K.Brand Finance evaluates brand value annually by comprehensively considering financial performa
The Korea Fair Trade Commission (KFTC) intends to initiate an investigation into Temu and Shein, following its inquiry into AliExpress, the leading online shopping platform in China, regarding potential consumer harm.This comes as the indiscriminate onslaught of Chinese online shopping malls, levera
The government is taking steps to solicit opinions from overseas financial institutions and investors regarding measures to improve the foreign exchange market structure and support corporate value-up initiatives.The Ministry of Economy and Finance (MOEF) announced on March 10 that Shin Joong-beom,
SK ecoplant has partnered with the global resort company Therme Group to advance the development of a European-style spa and resort in Songdo.On March 8, SK ecoplant announced the signing of a memorandum of understanding (MOU) with Therme Group for the resort development and construction, as well as
LG Energy Solution announced on March 10 that it is collaborating with Qualcomm to develop advanced Battery Management System (BMS) diagnostic solutions for next-generation electric vehicles. Through this partnership, LG Energy Solution plans to develop a more sophisticated BMS solution by integrati
South Korea has narrowed its gap with the United States in the field of Information and Communication Technology (ICT) by 0.1 years. According to the “2022 ICT Level Survey and Technology Competitiveness Analysis Report” by the Institute of Information & Communications Technology Planning & Evaluati
Choi Yoon-ho, president and CEO of Samsung SDI, announced on March 6, at the opening ceremony of InterBattery 2024, the largest battery exhibition in South Korea held in COEX, Gangnam, Seoul, that “46 mm diameter batteries will be sufficiently ready for mass production by early 2025,” and the exact
SK on is set to develop a high-nickel nickel-cobalt-manganese (NCM) battery capable of traveling 300 km on a 5-minute charge.During a keynote speech at The Battery Conference held at COEX in the Gangnam district of Seoul on March 7 as part of the largest battery exhibition in South Korea, InterBatte
Samsung Display CEO Choi Joo-sun has expressed confidence that Korea will reclaim the top spot in the global display market by 2027. Speaking to reporters before the Korean Display Industry Association’s general meeting at Lotte Hotel World on March 7, Choi emphasized the need for focus and speciali
LG Group Chairman Koo Kwang-mo was ranked 10th on the list of influential people in the global automotive industry by a leading U.S. automotive publication this year. Motor Trend, a leading U.S. automotive publication, announced its Global Automotive Industry Power List on March 5 (local time).Koo t
Korean shipbuilders overtook China in terms of ship order intake in February to take the number one spot in the global market.According to Clarkson Research, a British shipbuilding and shipping market analysis firm, global ship orders totaled 3.4 million CGT (100 ships) in February, of which Korea w
KEPCO announced that it signed a memorandum of understanding (MOU) on promoting technology exchanges with Danish state-owned transmission company Energinet at the auditorium of Federation of Korean Industries (FKI) Tower in Yeouido, Seoul on March 6.Energinet is currently building transmission netwo
South Korean fashion company ShinWon Corporation (CEO: JJ Park) is conducting the global campaign #WithUs to commemorate International Women’s Day.Every year on March 8th, designated by the United Nations (UN) in 1975, is International Women's Day. Celebrating its 116th year this year, International
The author is an analyst for NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com -- Ed.At AGMs this year, the spread of shareholder proposals, which has been a global trend since 2023, is to continue. As Korea’s dividend system improvements roll out in earnest, more companies are