SEOUL, Jan. 8 (Korea Bizwire) — South Korea’s three battery makers have been on a roll as investors swoop on them amid growing optimism for their future growth, industry sources said Friday. LG Chem Ltd, the parent of LG Energy Solution Ltd.; Samsung SDI Co; and SK Innovation Co. finished at record highs on the [...]
SEOUL, Nov. 23 (Korea Bizwire) — Shares in major units of South Korea’s top conglomerate, Samsung Group, have risen at double-digit rates since the death of its chief a month ago on hopes for an economic recovery and more dividends from them, data showed Monday. Share prices of Samsung Electronics and six other major subsidiaries [...]
SEOUL, Oct. 26 (Korea Bizwire) — Shares in Samsung Group’s key affiliates closed higher Monday on expectations that they may increase dividend payouts to help the late Samsung chief’s scions secure funds to pay record high inheritance taxes and they may overhaul their governance structures. Samsung Group chief Lee Kun-hee died Sunday at age 78, [...]