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Lotte Chemical Completes Gas Plant in Uzbekistan

Lotte Chemical Completes Gas Plant in Uzbekistan

SEOUL, Oct. 15 (Korea Bizwire) — Lotte Chemical Corp., the petrochemical unit of South Korea’s No. 5 conglomerate Lotte Group, said Thursday it has completed the construction of a gas chemical complex in Uzbekistan, a major overseas project it has pursued as part of an effort to diversify profit sources.   The joint development project, dubbed [...]

Foreign Investors Sell Off Korean Stocks Focusing on Samsung, SK hynix

Foreign Investors Sell Off Korean Stocks Focusing on Samsung, SK hynix

SEOUL, Aug. 31 (Korea Bizwire) — Foreign investors dumped shares of Samsung Electronics and SK hynix during their recent selling spree sparked by China’s stock rout and uncertainty over a U.S. rate hike, data showed Monday. Offshore investors unloaded 751.3 billion won (US$635.4 million) worth of Samsung Electronics shares between Aug. 5 and Friday, lowering their [...]