Kosdaq: Will January effect occur in 2022?
South Korea’s tech-heavy Kosdaq index tends to rise every January as many Korean retail investors rush to dump their stocks just before the ex...
Howard Marks says should stay in the market now
NEW YORK -- US stock markets remain high but their prices seem reasonable at the current level of interest rates near historic lows, said Oaktree Ca...
Samsung cuts NAND output in Xian on COVID-19 lockdown
Samsung Electronics Co., the world’s largest NAND flash memory chipmaker, said on Wednesday it is adjusting operations at its manufacturing fa...
Coupang’s share price rebounds as market digests lockup release
Shares of Coupang Inc., widely seen as the South Korean version of global e-commerce giant Amazon.com, are staging a rebound as the market is grad...
LG Display shares shine, reflecting metaverse hype
LG Display Co. ’s share price is continuing its upward trend, despite dampening LCD (liquid crystal display) panel prices. This is not in...
Energy-saving chips emerge as new battleground
Environmental, social and governance (ESG) requirements are expected to drive high-performance chip demand higher, in particular from data center op...
LG Energy unveils IPO price band for Korea’s largest listing
South Korea’s LG Energy Solution Ltd. has set an initial public offering price band for the largest-ever initial listing in the country next...
Moody's sees low risk of burst in S.Korean property bubble
South Korea's real estate prices have risen at a rapid pace over the past two years, but that would not indicate an increased risk of loan defaults ...
S.Korea's Oct c/a surplus down 40% on oil price rises
South Korea's current account surplus in October narrowed by 40% from a year earlier, with the rapid rise in crude oil and raw material prices offse...
Korean wage growth increases inflationary pressure
South Korea’s wage growth in the third quarter hit its highest point in three and half years, adding to inflationary pressure in Asia’s ...
Carmakers gear up for sharp price hikes in 2022
Car prices will likely rise sharply next year alongside the industry shift from combustion engine models to electric vehicles as automakers prepare ...
Hyundai Genesis, Kia attract record customers in US
Hyundai Motor Co.’s premium car brand Genesis and its affiliate Kia Corp. have logged record sales in the US so far this year, helping Hyundai...
KTB Network to list at bottom of price range
KTB Network Co., South Korea's first-generation venture capital firm, priced its public offering price at the bottom of the guidance range as the re...
KRX approves preliminary review of LG Energy IPO
The Korea Exchange (KRX) on Nov. 30 approved a preliminary review of LG Energy Solution Ltd.’s listing, paving the way for one of the largest-...
Steel scrap in high demand in steelmakers' push to cut emissions
Steel scrap, once derided as trash, is emerging as a national strategic resource as steelmakers are increasingly recycling metal scrap to reduce rel...
Hyundai's Genesis beats Lexus' selling price in US
The rising demand for high-end vehicles, despite dwindling production caused by semiconductor shortages, are driving new vehicle prices to record hi...
Inflation in Korea nears decade high, fuels fears of more rate hikes
South Korea’s consumer inflation accelerated to a near-10-year high in October, while exports reported an eighth straight month of double-digi...
K-pop stars see huge capital gains from stock options
Executives and employees of top K-pop agencies such as SM Entertainment Co. and YG Entertainment Inc. are expected to earn huge capital gains from...
K-pop fan engagement platform DearU prices IPO above range
DearU Co, a K-pop fandom platform in South Korea, priced its initial public offering above the price range on Thursday thanks to heated demand. The ...
Uncertainty clouds Samsung as paradigm shifts toward profitability
Samsung Electronics Co.’s third-quarter earnings report on Thursday was almost perfect but for one thing. The world’s top memory maker s...
SK Hynix to buy back ex-foundry unit after strong Q3 results
SK Hynix Inc. will be buying back the remaining stake in its former unit Key Foundry to double its foundry capacity, after its third-quarter operati...
Korea’s slated IPOs fail to attract investors
Investor confidence has waned in South Korea in line with stock market instability. Stock prices of some newly listed companies have failed to mee...
Kakao Pay sets IPO price at top end on heated demand
Kakao Group’s payment services unit Kakao Pay Corp. set the initial public offering price at the top end of the proposed band thanks to strong...
Zero-carbon, self-driving still in distant future for top Kospi stocks
Shares in Samsung Engineering Co., a leading South Korean plant builder, have skyrocketed about 90% year to date, far outstripping the average rise ...
POSCO Chem Q3 profit surges as battery materials lift sales to fresh high
South Korea’s POSCO Chemical Co. enjoyed a surge in operating profit in the third quarter as higher sales of battery materials ramped up reven...
Simone drops IPO on weak institutional investor demand
South Korean Simone Acc. Collection Ltd. has withdrawn its initial public offering plan on lukewarm demand from institutional investors, investment ...
Enchem raises IPO price by a record 20% on strong investor demand
South Korea’s Enchem Co., which is working to list its shares on the Kosdaq market, has decided to raise its initial public offering price by ...
Korean shipbuilders turn focus to high-value vessels
South Korean shipbuilders, brimming with heavy order backlogs, are turning their focus to high-value and eco-friendly vessels for new orders as the ...
POSCO emerges from pandemic blues with record third-quarter profit
South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-time high quarterly ...
Samsung makes industry’s smallest 14 nm DDR5 chip with EUV technology
Samsung Electronics Co., the world’s largest memory chipmaker, said on Tuesday it has begun mass production of the industry’s smallest 1...
