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Giappone
Giappone, migliora lo stato di salute dell'economia
(Teleborsa) - Migliorano le condizioni economiche in Giappone, come segnala il superindice, che allontana i timori di un nuovo indebolimento della congiuntura. Il leading indicator del Giappone...
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Brasile USA
SK Networks Make Forays into Brazil's Auto Parts Market
SK Networks is making inroads into the auto parts market of Brazil, the largest in South America. Choi Shin-won, chairman of SK Networks, met Brazil's acting President Michel Temer in Brasilia, the capital of Brazil, on August 10. Choi said, "SK Networks is making various efforts, including partnerships with local companies, ...
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Cina
Korea's Home Shopping Industry: Difficult History of Doing Business in China
Hyundai Home Shopping abruptly stopped its operations in China. It turned out that the Chinese operation of the Korean home shopping company has been halted since April due to conflicts with its Chinese partner. This is considered China risk once again surfaced for the Korean home shopping industry. According to ...
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Corea del Sud
Booyoung Emerges as Korea's Biggest Real Estate Group
Booyoung, a leader in Korea's rental housing market, acquired a string of large commercial buildings in downtown Seoul, emerging as the nation's largest real estate group. Following its acquisition of Samsung Life Insurance's head office building, a landmark building in Seoul's Taepyoeng-ro, for 575 billion won early this year, Booyoung ...
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Cina USA
ChemChina's Bid to Acquire Syngenta Gets One Step Closer
The prospect for China's largest-ever overseas M&A deal has become brighter. According to the Wall Street Journal on August 23, the Committee on Foreign Investment in the U.S., a panel led by the Department of Treasury, has approved a deal by China National Chemical Corp. to take over Swiss-based Syngenta ...
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USA Giappone Taiwan
Sharp to Buy back Overseas TV Business Interests It Once Sold off
Hon Hai Group of Taiwan, which acquired Japan's Sharp Corp., will buy back the TV business interests overseas once owned by Sharp as part of an effort to normalize Sharp's business operation. According to the Yomiuri Shimbun on August 23, Sharp will dispatch managers to the acquirers of its TV ...
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Cina
Big 3 Steel Firms Report “Earnings Surprise” but No Time to Enjoy It
Korea’s top-three steel companies, namely POSCO, Hyundai Steel and Dongkuk Steel, saw their operating profits rise 2.8 percent, 60.5 percent, and 116.4 percent year on year in the second quarter of this year. The operating profit of each company marked a positive growth compared to a quarter ago. The problem, however, ...
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Corea del Sud
Hyundai Motor Group to Launch Genesis G90 and G80 in the U.S.
"Difficult business conditions are no more a variable now but these are something we have to accept as a constant. Relentless innovation is the only way to survive in the age of uncertainty." This is what Hyundai Motor Group chairman Chung Mong-koo said on July 18 to 60 CEOs of ...
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Cina USA
SK E&S Sells off Chinese City Gas JVs at 47 Bil. Won
SK E&S (Energy & Service), an energy affiliate of SK Group, has sold off stakes in two city gas joint ventures in China. According to investment banking industry sources on August 19, the company disposed of all its 49-percent stake in Wuhan SK E&S-SINO Gas Holdings and China Gas-SK E&S ...
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Cina
Hanon Systems to Set up JV with Beijing Auto
Hanon Systems, a specialist in automobile HVAC (heating, ventilation, and air-conditioning) parts, will set up a joint venture in China in collaboration with Beijing Automobile Works Co. (BAIC). According to industry sources on August 17, Hanon Systems signed a letter of intent with Binzhou Bohai Piston Co., a subsidiary of BAIC ...