2023 stock market
Scope
Date
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Korean SMEs
Korea’s SFA Engineering aims for top spot in smart factory market
SFA Engineering Corp., a small South Korean equipment maker, has for decades been known for its automated machines used in the manufacture of displa...
May 09, 2022 (Gmt+09:00)
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Korean stock market
Leisure, airline stocks to shine as Japan sets to ease travel curbs
South Korea’s travel and airline stocks are expected to shine as Japan plans to ease its border controls in June. Korea’s Shinhan Inve...
May 06, 2022 (Gmt+09:00)
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Korean startups
Fabless startup FADU eyes unicorn status with $157 mn funding
FADU Technology, a fabless startup that develops architecture for solid-state drive (SSD) controllers and storage products, is seeking to raise 200 ...
May 06, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Quantum computing firm IonQ hit by short seller report
IonQ Inc., a US-listed quantum computing firm, has become a new target of short selling-focused Scorpion Capital, taking a hit from the US hedge fun...
May 05, 2022 (Gmt+09:00)
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Samsung Group
Two unopened ways Samsung Elec. bolsters share prices
Samsung Electronics Co., South Korea’s largest company by market capitalization, has tried to boost its recently battered share price -- espec...
May 04, 2022 (Gmt+09:00)
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Real estate
NH-Amundi sells Yuanta's Seoul office to Capstone for $242 bn
South Korea’s NH-Amundi Asset Management Co. said on Monday that it completed selling Yuanta Securities Co.’s Korean headquarters to C...
May 03, 2022 (Gmt+09:00)
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Korean food
Nongshim eyes top spot in global instant noodle market
South Korea’s No. 1 noodle maker Nongshim Co. is aiming for top place in the world’s instant noodle market, looking to beat the current ...
May 03, 2022 (Gmt+09:00)
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IPOs
LG CNS eyes 2023 IPO to pave way for Macquarie's exit
South Korea's LG CNS Co., 35% owned by Macquarie Group, sent requests for proposals to brokerage companies on Monday as it is looking to go public n...
May 03, 2022 (Gmt+09:00)
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Electronics
LG Display to drastically cut LCD output as Chinese rivals churn it out
LG Display Co., a major South Korean display panel maker, plans to drastically cut production of its liquid crystal display panels for TVs, as it fa...
May 02, 2022 (Gmt+09:00)
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Korean stock market
Samsung Electronics shares rebound as foreigners turn net buyers
Shares of Samsung Electronics Co., the largest stock on South Korea’s main bourse, rose strongly on Friday, snapping a five-day losing streak,...
Apr 29, 2022 (Gmt+09:00)
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Electric vehicles
SK, BlackRock team to bet on EV charging station maker
SK Inc., the holding company of South Korean conglomerate SK Group, has committed to invest $5 million in US electric vehicle charging stati...
Apr 29, 2022 (Gmt+09:00)
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Korean SMEs
Korea contractor for TSMC, Airbus aims to top anodizing sector
South Korea’s YKMC Inc., an integrated contract manufacturer for global companies such as Taiwan Semiconductor Manufacturing Co. (TSMC) and Ai...
Apr 29, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korean golf course price likely to set new record per hole
The price of a public golf course in South Korea has surged 35% in one and a half years to set the highest per-hole selling price for a Korean golf ...
Apr 29, 2022 (Gmt+09:00)
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Earnings
Samsung’s stock underlines cloudy outlook despite record Q1
Shares of Samsung Electronics Co. fell to a fresh 52-week low on Thursday despite posting record sales for the third consecutive quarter as investor...
Apr 28, 2022 (Gmt+09:00)
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Steel
Dongkuk buys 15% stake in Vietnamese steel fabricator
Dongkuk Steel Mill Co., South Korea’s leading color-coated steel manufacturer, said on Wednesday it has acquired a 15% stake in VSSC Steel Cen...
Apr 27, 2022 (Gmt+09:00)
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Korean games
Black Desert by Pearl Abyss tops China app market
South Korean game developer and publisher Pearl Abyss announced Tuesday the mobile version of its cross-platform MMORPG Black Desert has claimed f...
Apr 27, 2022 (Gmt+09:00)
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Korean stock market
Foreign ownership of Korean shares hits lowest level since 2010
Foreign investors’ holding rate in South Korea’s main bourse Kospi has plunged to the lowest level since 2010. The investors have dispos...
Apr 26, 2022 (Gmt+09:00)
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Korean SMEs
S.Korean boiler manufacturers turn to overseas markets
Kyungdong Navien Co. revealed on Sunday that overseas sales account for more than 60% of its total sales on the back of strong exports to the United...
Apr 25, 2022 (Gmt+09:00)
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Korean stock market
Korea reiterates reform plans to join MSCI developed markets
South Korea’s Finance Minister Hong Nam-ki reiterated the country will take reform measures such as the extension of the local currency's trad...
Apr 25, 2022 (Gmt+09:00)
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Earnings
Naver to cut costs for profitability after disappointing Q1
Naver Corp., South Korea’s dominant online platform, will focus on cutting costs and reducing new hiring to improve profitability as its disap...
Apr 21, 2022 (Gmt+09:00)
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Beauty & Cosmetics
Cosmax strengthens eco-friendly marketing in Southeast Asia
Cosmax Inc., a major South Korean original design manufacturer (ODM) for L'Oréal and other global cosmetics giants, is strengthening its ma...
Apr 21, 2022 (Gmt+09:00)
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Electric vehicles
LG Magna breaks ground for EV parts factory in Mexico
LG Magna e-Powertrain Co. broke ground on Tuesday for a factory to produce electric vehicle components in Mexico to meet the growing demand for eco-...
Apr 20, 2022 (Gmt+09:00)
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Korean startups
Fortune-telling app receives $4 mn in Altos Ventures-led Series A funding
Chunmyung and Company, the operator of its namesake fortune-telling app, announced on Tuesday it has secured Series A funding worth five billion w...
Apr 19, 2022 (Gmt+09:00)
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Korean Investors
Koreans poised to be India's first non-resident direct stock buyers
South Korean individuals are likely to become the first non-resident direct stock investors in India, after the South Asian country lifted the ceili...
Apr 19, 2022 (Gmt+09:00)
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Metaverse
Hyundai Motor enters metaverse sphere in tie-up with Meta Kongz
South Korea’s top automaker Hyundai Motor Co. has announced its foray into the non-fungible token market in partnership with Meta Kongz, an NF...
Apr 19, 2022 (Gmt+09:00)
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Automobiles
SUV, minivan sales reach 52% of car market in Q1
Sales of leisure vehicles in South Korea, primarily sport utility vehicles (SUVs) and minivans, exceeded half of domestic finished car sales in the ...
Apr 18, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korea shipbuilders shine in cloudy stock market on strong orders
South Korean shipbuilders’ shares stood high in the subdued local stock market as strong order books stoked predictions of earnings improvemen...
Apr 18, 2022 (Gmt+09:00)
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Pre-IPOs
SK Ecoplant's pre-IPO enjoys attention from wealthy individuals
The pre-initial public offering of SK Ecoplant Co., formerly known as SK Engineering & Construction Co., is becoming a hot topic in private bank...
Apr 15, 2022 (Gmt+09:00)
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Airlines
Korean Air’s stock lags US peers' on slow demand recovery
Korean Air Lines Co.’s stock is underperforming those of its US rivals on concerns that South Korea’s top carrier is unlikely to immedia...
Apr 14, 2022 (Gmt+09:00)
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Electric vehicles
IONIQ 5 emerges as EV game changer with industry accolades
NEW YORK – Hyundai Motor Co.'s all-electric IONIQ 5 crossover has been named the World Car of the Year following a series of recent indus...
Apr 14, 2022 (Gmt+09:00)
Latest News
- 1 Want to look beautiful? – Here’s the 'Made In Korea' mask pack
- 2 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 3 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 4 President Lee: Businesses at center of policy priorities for economic growth
- 5 Samsung supplies HBM3E to AMD’s new accelerators