ACE US 30-Year Treasury Active
Scope
Date
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IPOs
LG Energy Solution’s IPO plan remains elusive after GM recall settlement
South Korea’s top battery maker LG Energy Solution Ltd. is about to resume its initial share sale plan shelved for months due to the uncertain...
Oct 13, 2021 (Gmt+09:00)
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North Korea
North Korea puts on show of missile might as Kim Jong-un snubs US
North Korea put on one of its largest displays of missiles at an event at which dictator Kim Jong Un said Pyongyang couldn’t trust r...
Oct 13, 2021 (Gmt+09:00)
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Mobile networks
Huawei, Ericsson or Nokia? Apple or Samsung? US or China? Who’s winning the 5G races?
Once a glimmer in the eyes of executives from Shenzhen to Silicon Valley, 5G now dominates a broad swath of the global supply chain—and the ...
Oct 13, 2021 (Gmt+09:00)
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Airlines
Kumho Asiana assures 30-year profits to Gate Gourmet in catering deal
Kumho Asiana Group’s management assured net profits for 30 years to Gate Gourmet when the South Korean conglomerate signed a deal for Asiana A...
Oct 12, 2021 (Gmt+09:00)
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Economy
Korea private debt growth at record high of $98 bn in Q2
South Korea’s private sector debt jumped near $100 billion in the April-June period, a record high of quarterly growth, amid an overheating pr...
Oct 12, 2021 (Gmt+09:00)
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Petrochemicals
LG Chem to build technical support centers in EU, US
LG Chem Ltd. will expand global clients’ accessibility to its technical support professionals. The chemical company said on Oct. 11 that it wi...
Oct 11, 2021 (Gmt+09:00)
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Machinery
S.Korean heavy equipment makers ride global raw materials boom
The surging demand for raw materials around the world are driving sharp sales rebounds of South Korea’s two leading equipment makers Hyundai C...
Oct 11, 2021 (Gmt+09:00)
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Earnings
Samsung Q3 operating profit at 3-year high on chips, Galaxy
Samsung Electronics Co., the world’s top memory chip and smartphone maker, reported its highest operating profit in three years with record ...
Oct 08, 2021 (Gmt+09:00)
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Venture capital
Stonebridge Ventures, Capstone prepare for 2022 IPOs
Stonebridge Ventures, South Korea's most profitable venture capital firm, will submit its application for an initial public offering this month to l...
Oct 07, 2021 (Gmt+09:00)
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Korean chipmakers
S.Korea shows rare unease against US request for Samsung data
The South Korean government has expressed open concern about the recent request by the US Department of Commerce for more information on the global ...
Oct 06, 2021 (Gmt+09:00)
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Automobiles
Chip shortage slams Korean carmakers’ new car rollouts
The unprecedented global chip shortage is thwarting automakers’ plans to roll out new vehicles, with some popular models set to be delivered t...
Oct 06, 2021 (Gmt+09:00)
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Markets
Korea benchmark bond yield near 2-1/2-year high
South Korea’s benchmark bond yield hit the highest level in about two and a half years as expectations of tighter monetary policies at home an...
Oct 06, 2021 (Gmt+09:00)
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Batteries
SK may develop LFP batteries for low-priced EVs
SK On, the recently-launched battery company of South Korea's SK Group, is considering manufacturing lithium iron phosphate (LFP) batteries to suppl...
Oct 05, 2021 (Gmt+09:00)
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Markets
Kospi lowest in nearly 7 months; outlook dim on inflation, US debt standoff
South Korea's main stock index has fallen below the psychologically important 3,000 points for the first time in nearly seven months, with investors...
Oct 05, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Hanjin Heavy wins $270 mn container ship order, first deal in 6 years
Hanjin Heavy Industries & Construction Co. said on Tuesday it has won a $270 million deal to build four 5,500 TEU container ships for a European...
Oct 05, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Morgan Stanley remains top advisor for S.Korea Q3 M&As
Morgan Stanley remained the top M&A advisor in South Korea in the third quarter of this year, according to data compiled by market tracker FnGui...
Oct 01, 2021 (Gmt+09:00)
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Pension funds
Police fund to appoint equities specialist as CIO
South Korea's Police Mutual Aid Association (PMAA) has picked Han Jong-seok, a former chief investment officer of Meritz Asset Management Co. and eq...
Oct 01, 2021 (Gmt+09:00)
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Alternative food
SK Inc, STIC invest $55 million in US alternative dairy maker Perfect Day
SK Inc., the investment arm of South Korean conglomerate SK Group, and private equity firm STIC Investment Inc., have invested a combined 65 billion...
Oct 01, 2021 (Gmt+09:00)
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Markets
China power crisis, US tightening chill sentiment on Korea IT sector
Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...
Sep 30, 2021 (Gmt+09:00)
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Blockchain
Korea’s NFTBank to launch NFT funds this year
The global market of non-fungible tokens (NFTs), blockchain-based tokens, which each represent a unique asset such as a piece of art, digital conten...
Sep 30, 2021 (Gmt+09:00)
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IPOs
Beauty chain CJ Olive Young to embark on 2022 IPO process
CJ Olive Young, South Korea's largest beauty store chain, is moving ahead with its plan to go public next year, which will likely raise new capital ...
Sep 29, 2021 (Gmt+09:00)
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Korean chipmakers
Small-size PCB makers in expansion mode to meet demand
The growing demand for larger-size printed circuit boards (PCBs), used to connect chips to the circuit boards of electronic devices, has been pushin...
Sep 29, 2021 (Gmt+09:00)
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Steel
POSCO hires ex-US envoy on N.Korea Stephen Biegun as adviser
South Korean steel giant POSCO has hired Stephen Biegun, former US deputy secretary of state, as its adviser for its American business.POSCO America...
Sep 29, 2021 (Gmt+09:00)
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Foreign exchange
Korea stocks, won tumble as foreigners dump $1 bn in equity futures
South Korean stocks and the won currency lost ground with the main Kospi ending below the 3,100 mark for the first time in five weeks as foreign inv...
Sep 28, 2021 (Gmt+09:00)
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Mergers & Acquisitions
DL Chem seals $2.5 bn purchase of US chemical maker Kraton
DL Chemical Co., South Korea's leading petrochemical company, has acquired Texas-based specialty chemical manufacturer Kraton Corp. for $2.5 billion...
Sep 28, 2021 (Gmt+09:00)
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Batteries
SK Innovation, Ford to invest $11.4 billion to build largest EV battery JV
SK Innovation Co. and Ford Co. will invest a combined $11.4 billion to build an assembly and battery complex and two additional battery factories in...
Sep 28, 2021 (Gmt+09:00)
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Korean chipmakers
Batteries, chips strengthen US-Korea economic ties
Battery and chip industries are reinforcing economic cooperation between the United States and South Korea, expanding their ties focused on security...
Sep 27, 2021 (Gmt+09:00)
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Alternative investments
Korean Tiger Alternative, NH Investment buy California homes
South Korea’s Tiger Alternative Investors Co. Ltd. and NH Investment & Securities bought multifamily homes in California for $220 million ...
Sep 27, 2021 (Gmt+09:00)
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Korean chipmakers
US pressures Samsung, chipmakers to disclose key internal data
The American government is forcing global semiconductor manufacturers to submit internal information on their chip inventory as well as the number o...
Sep 26, 2021 (Gmt+09:00)
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Batteries
SKC to raise corporate value to $25 bn with battery materials
South Korea’s SKC Co. plans to expand its electric vehicle battery materials business in a move to fivefold its corporate value to 30 trillion...
Sep 24, 2021 (Gmt+09:00)
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