Tag: south korean
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Are robots the future of entertainment? This South Korean theme park thinks so
Galaxy Robot Park is a 16,500-square-meter venue in South Korea, with attractions including humanoid robots dancing to K-pop hits.
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Hyundai Motor’s South Korean union approves wage deal
SEOUL, Sept 1 : Hyundai Motor’s South Korean labour union approved a tentative wage agreement with the automaker, bringing an end to this year’s pay negotiations after weeks of strikes and talks. Some 61.55 per cent of participating union members voted in favour of the agreement, Hyundai Motor said on Tuesday
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Hyundai Motor’s South Korean union approves wage deal, Yonhap says
SEOUL, Sept 1 : Hyundai Motor’s South Korean labour union approved a tentative wage agreement with the automaker, bringing an end to this year’s pay negotiations after weeks of strikes and talks. Some 61.55 per cent of participating union members voted in favour of the agreement, Yonhap News Agency said on Tu
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South Korean shares soar after chip stock rout
It comes after a three-day rout that wiped hundreds of billions of dollars off the value of the country’s stock market.
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Top South Korean policy makers apologise for single-stock leveraged ETFs
SEOUL, July 29 : Top South Korean policy makers apologised on Wednesday over the introduction of single-stock leveraged exchange-traded funds (ETFs), which have been blamed for intensifying a rout in the country’s stock market. Finance Minister Koo Yun-cheol said he was sorry for introducing the product witho
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South Korean economy likely slowed in Q2 after robust Q1 growth: Reuters poll
BENGALURU, July 21 : South Korea’s economy likely grew at a much slower pace in the second quarter compared to the first three months of the year, as robust export growth was offset by weakening domestic demand, a Reuters poll of economists showed.Asia’s fourth-largest economy expanded by a seasonally adjuste
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Blackstone invests in South Korean robotics supplier Futronic
July 20 : Blackstone has invested in Futronic, a supplier of high-precision actuators serving automotive and industrial robotics sectors, the world’s largest alternative asset manager said on Monday. The deal values the South Korean firm at about 1 trillion won ($676.04 million), according to a person with k
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South Korean court suspends FTC designation Coupang founder Kim Bom as controlling entity
SEOUL, July 14 : A South Korean court on Tuesday suspended a Fair Trade Commission (FTC) decision to designate Kim Bom, the founder of U.S.-listed e-commerce firm Coupang, as the group’s controlling entity. The Seoul High Court granted an injunction sought by Coupang and Kim, suspending the designation pendin
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South Korean billionaire’s risky bet pays off, as SK Hynix debuts in New York
SEOUL, July 10 : When South Korean billionaire Chey Tae-won attends a bell-ringing ceremony on Friday for SK Hynix’s $26.5 billion Nasdaq listing, it will mark the ultimate payoff of a bet many once considered risky: buying a loss-making chipmaker that has since become an AI powerhouse.SK Group’s 2012 acquisi
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