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Scope
Date
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Corporate bonds
Korean firms scramble for bond sales on further rate hike views
South Korean companies rushed to issues bonds as the Bank of Korea is expected to raise interest rates further, ramping up financing costs. Some war...
Aug 27, 2021 (Gmt+09:00)
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Korean startups
3i's AI technology creates digital twins using smartphone photos
Innovating industrial plants is often a difficult decision-making process for companies because changing a single piece of equipment requires a thor...
Aug 24, 2021 (Gmt+09:00)
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Corporate investment
LG Chem to spend $2.2 billion to build 10 new eco-friendly factories
LG Chem Ltd., South Korea’s top chemical maker, said on Thursday it is spending 2.6 trillion won ($2.2 billion) to strengthen its green busine...
Aug 19, 2021 (Gmt+09:00)
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Korean startups
OTT startup Watcha expands into music distribution service
South Korea-based over-the-top (OTT) startup Watcha Inc. is ramping up efforts to transform into a comprehensive content data company as it expands ...
Aug 17, 2021 (Gmt+09:00)
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Cryptocurrencies
Overseas crypto exchanges end Korean services ahead of rule tightening
Overseas cryptocurrency exchanges are ending their Korean services, including language support as well as trading and payments in Korean won, as Sou...
Aug 17, 2021 (Gmt+09:00)
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Machinery
Doosan Infracore expands Middle East market share with more orders
Doosan Infracore Co., a leading South Korean heavy machinery and construction equipment maker, secured more orders in the Middle East where rising c...
Aug 12, 2021 (Gmt+09:00)
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Tech, Media & Telecom
S.Korean telcos accelerate diversification amid strong Q2
South Korea’s two largest telecom companies, SK Telecom Co. and KT Corp., have both delivered strong second-quarter results driven by rapid gr...
Aug 11, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy to reposition as tech platform for vessels
Hyundai Heavy Industries Group is making big steps forward to transform itself as a platform business in the global shipbuilding sector. According t...
Aug 11, 2021 (Gmt+09:00)
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COVID-19
SK Bioscience to kick off phase 3 vaccine trials
SK Bioscience Co. has received approval from South Korea’s Ministry of Food and Drug Safety (MFDS) for phase 3 clinical trials of its COVID-19...
Aug 10, 2021 (Gmt+09:00)
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Banking & Finance
KakaoBank falls out of Kospi top 10 on 3rd trading day
KakaoBank Corp. has fallen out of the top 10 list on Kospi on Aug. 10, its third trading day, with Celltrion and Kia Corp. overtaking the company ag...
Aug 10, 2021 (Gmt+09:00)
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Earnings
Kakao to strengthen subscription services after Q2 results
Kakao Corp. this year has reported the highest second-quarter earnings in company history.Its regulatory filing on Aug. 6 posted an operating profit...
Aug 06, 2021 (Gmt+09:00)
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Korean games
Nexon reveals upcoming 'super' games, eyes entertainment IPs
South Korea's leading game company Nexon Co. has unveiled a massive lineup of super games in development alongside plans to expand its intellectual ...
Aug 06, 2021 (Gmt+09:00)
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Investment banking
Mirae Asset step closer to full-fledged investment bank
Mirae Asset Securities Co. has become South Korea's first brokerage company to boost its equity capital to 10 trillion won ($9 billion), taking a st...
Aug 05, 2021 (Gmt+09:00)
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Mergers & Acquisitions
F&F may pay $350 mn for TaylorMade without Korean sales license
South Korean outdoor clothing retailer F&F Co. may not be able to sell apparel of TaylorMade Golf Co. in the country even after a $350 million t...
Aug 05, 2021 (Gmt+09:00)
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IPOs
Krafton locks up two-thirds of IPO shares amid price concerns
Krafton Inc. has locked up more than 80% of its IPO shares allocated to institutional investors, in a move to prevent mass selling of its shares imm...
Aug 05, 2021 (Gmt+09:00)
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Airlines
Korean Air hits milestone of 10,000 cargo-only passenger flights
Korean Air Lines Co. (KAL) hit a milestone of having operated 10,000 cargo-only passenger flights as of Aug. 1, as the country’s top carrier g...
Aug 02, 2021 (Gmt+09:00)
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Markets
Current asset prices not irrational: Howard Marks
Many asset prices have skyrocketed to their highest-ever levels as interest rates remain historically low, but that does not mean their current valu...
Jul 30, 2021 (Gmt+09:00)
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Korean startups
Fashion app Queenit raises $9 mn from VC firms
Queenit, a South Korea-based fashion mobile platform targeting women in their 40s and 50s, has raised 10 billion won ($9 million) from venture capit...
Jul 29, 2021 (Gmt+09:00)
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Earnings
Polysilicon drives up OCI’s Q2 profit to 10-year high amid solar cell boom
OCI Co., a South Korean chemical and green energy company, on Wednesday reported that its quarterly profit has risen to the highest level in a decad...
Jul 28, 2021 (Gmt+09:00)
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Robotics
Woowa Brothers launches last-mile indoor food delivery robot in Seoul
Woowa Brothers Corp., South Korea’s top food delivery app operator, has launched a last-mile indoor robot food delivery service, as people inc...
Jul 13, 2021 (Gmt+09:00)
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Pension funds
NPS bets big on property development as asset prices soar
The National Pension Service (NPS) has been increasing its appetite for office buildings in the development stage as part of an effort to snatch up ...
Jul 09, 2021 (Gmt+09:00)
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Korean startups
Grocery delivery platform Oasis valuation tops $650 mn; eyes US expansion
South Korea-based grocery delivery platform Oasis Corp., referred to as Oasis Market, has attracted 50 billion won ($44 million) from global private...
Jul 07, 2021 (Gmt+09:00)
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Pension funds
Govt pension fund makes first foray into overseas infrastructure
South Korea's Government Employees Pension Service (GEPS) has awarded a combined $105 million mandates to Goldman Sachs, Macquarie and Paris-based A...
Jul 06, 2021 (Gmt+09:00)
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Korean chipmakers
Leeno Industrial hits 52-week high, eyes top 10 on Kosdaq
The stock price of South Korea’s Kosdaq-listed electronic testing components maker Leeno Industrial Inc., previously a small company whose mar...
Jul 05, 2021 (Gmt+09:00)
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Pharmaceuticals
SK Biopharm aims to make it to global top 10 healthcare firms by 2030
South Korea’s SK Biopharmaceuticals Co. said on Friday it aspires to become one of the world’s top 10 healthcare companies by 2030 with ...
Jul 02, 2021 (Gmt+09:00)
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Future mobility
LG invests $88 mn in Kakao Mobility as both seek new growth opportunities
LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, is investing 100 billion won ($88 million) in Kakao Mobil...
Jul 02, 2021 (Gmt+09:00)
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Electronics
Coway keeps No.1 spot in Malaysia’s water purifier market for 10 years
South Korea’s home appliance rental service provider Coway Co. has maintained the top position in Malaysia’s water purifier rental marke...
Jul 01, 2021 (Gmt+09:00)
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Cloud computing
Edge computing revolution to fuel Korea’s growth over the next decade
Korea’s leading firms across multiple industries, from consumer electronics to agricultural equipment, are widening the use of edge computing ...
Jun 30, 2021 (Gmt+09:00)
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Aerospace & Defense
Hanwha to make satellite thrusters with Korea's aerospace institute
Hanwha Corp. will develop the bipropellant thruster, a key component for adjusting the satellite’s position in orbit, together with Korea Aero...
Jun 28, 2021 (Gmt+09:00)
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Pre-IPOs
Korea’s leading e-book startups eye IPO in 2022
South Korea’s leading e-book platforms are targeting to go public next year. The country’s subscription-based e-book service provider Mi...
Jun 25, 2021 (Gmt+09:00)
Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess