Hyundai Heavy Industries Group proposes blueprint for sustainable marine utilization solution at 2023 CES

Hyundai Heavy Industries Group proposes blueprint for sustainable marine utilization solution at 2023 CES

Hyundai Heavy Industries Group will participate in CES 2023, the world's largest information technology trade show, to showcase its maritime strateg...

SK expands sustainable food biz with $7.5 mn US investment

SK expands sustainable food biz with $7.5 mn US investment

SK Inc., the holding company of South Korea’s No. 2 conglomerate SK Group, has expanded its sustainable food business by investing in a US-bas...

Corporate confidence in South Korea hits 23-month low

Corporate confidence in South Korea hits 23-month low

Business sentiment among South Korea's companies has fallen to its lowest level in 23 months, as worsening business conditions mainly in the non-man...

SK Geo Centric secures $363 mn in sustainability loans on favorable terms

SK Geo Centric secures $363 mn in sustainability loans on favorable terms

SK Geo Centric Co., a South Korean petrochemical company, said on Tuesday it has secured 475 billion won ($363 million) in sustainability-linked loa...

SK Nexilis bolsters ties with Polish, Korean cities for sustainable growth

SK Nexilis bolsters ties with Polish, Korean cities for sustainable growth

South Korean copper foil producer SK Nexilis Co. on Nov. 7 signed an MOU with the authorities of two cities — Jeongeup, Korea, and Stalowa Wol...

Energy transition investment needs flexible approach: Ares Management

Energy transition investment needs flexible approach: Ares Management

As energy transition is a new sector in infrastructure compared with other asset types, institutional investors are seeking asset managers highly ex...

Korea must embrace diversity to sustain K-culture: Sam Richards

Korea must embrace diversity to sustain K-culture: Sam Richards

When Penn State University sociology professor Sam Richards introduced Korean pop culture into his lectures three years ago, he compared its power t...

NAND chips may sustain double-digit price drops in Q4

NAND chips may sustain double-digit price drops in Q4

NAND flash memory chip prices are expected to sustain a double-digit decline in the fourth quarter of this year due to oversupply and waning demand,...

Samsung goes green as it eyes clean tech supremacy across supply chain

Samsung goes green as it eyes clean tech supremacy across supply chain

Samsung Electronics Co., the world’s largest smartphone and memory chipmaker, said on Thursday it is aiming to power its entire operations wit...

Rising utility bills add to Korea’s inflationary pressure

Rising utility bills add to Korea’s inflationary pressure

South Korea may raise utility bills after scheduled hikes in the coming months, adding to inflationary pressure in Asia’s fourth-largest econo...

Foreign stock buying on weaker won: Bucking the trend?

Foreign stock buying on weaker won: Bucking the trend?

When a country’s currency weakens, foreign investors flee the local markets as a softer foreign-exchange rate usually means fragile economic f...

Korea sees record H1 trade deficit, weak consumer sentiment

Korea sees record H1 trade deficit, weak consumer sentiment

South Korea suffered the largest trade deficit for the first half of a year on surging energy prices and slowing exports, while consumer sentiment i...

Foreign ownership of S.Korean stocks at 13-year low

Foreign ownership of S.Korean stocks at 13-year low

Foreign investors’ stockholdings in South Korea have plunged to their lowest level in nearly 13 years, dealing a heavy blow to the domestic st...

Hyundai Heavy likely to be added to MSCI Korea index

Hyundai Heavy likely to be added to MSCI Korea index

Hyundai Heavy Industries Co., the world's largest shipbuilder, is the strongest candidate to be included in the MSCI Korea Index next week as part o...

Foreign ownership of Korean shares hits lowest level since 2010

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...

China's lockdown: Double effect to Korean tech stocks

China's lockdown: Double effect to Korean tech stocks

The COVID-19 lockdown of Shenzhen, the city known as Silicon Valley of China, is increasing concerns over supply disruptions to South Korea’s ...

Korean bio ventures struggle with fundraising

Korean bio ventures struggle with fundraising

Biopharmaceutical companies of South Korea are having a tough time fundraising of late. Bio ventures without specific public offering plans are pa...

The Korea Economic Daily's index set for ETF market debut

The Korea Economic Daily's index set for ETF market debut

Exchange-traded funds (ETFs) have been solidifying their position in the investment market of Korea for the past years. Individual investors in Sout...

SK Networks invests $20 mn in vegan leather producer

SK Networks invests $20 mn in vegan leather producer

SK Networks Co. announced Friday it has invested $20 million in California-based biotech startup MycoWorks. The general trading arm of South ...

Kosdaq: Will January effect occur in 2022?

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...

SK Square injects $29.5 million into agriculture startup

SK Square injects $29.5 million into agriculture startup

Korean investment firm SK Square Co. Ltd. has invested approximately 35 billion won ($29.5 million) into homegrown agriculture tech startup Greeln...

EQT chairman sees technology and services as attractive sectors in Korea

EQT chairman sees technology and services as attractive sectors in Korea

High price tags of target companies can be justified if you understand long-term trends of the industry and have expertise in the sectors, Conni Jon...

Year-end inflow to Korean main bourse sign of foreigner comeback?

Year-end inflow to Korean main bourse sign of foreigner comeback?

Foreign investors are poised to extend their buying spree in South Korea’s main stock market to a sixth straight session, spurring hopes for t...

Sustainable packaging firm SUPASO wins grant, office space via D.DAY event

Sustainable packaging firm SUPASO wins grant, office space via D.DAY event

D.CAMP, Korea’s non-profit foundation focused on helping young entrepreneurs, has joined forces with SK ecoplant Co., Ltd. to find promising...

EQT doubles down on sustainability and digitalization to fuel returns

EQT doubles down on sustainability and digitalization to fuel returns

With higher energy prices, creeping inflation and strained supply chains just a few of the headwinds to future economic growth, investors may find i...

[ASK 2021] Attractive Opportunity to Invest in Sustainable Nordic Infrastructure

[ASK 2021] Attractive Opportunity to Invest in Sustainable Nordic Infrastructure

CapMan is a leading Nordic private asset expert with an active approach to value creation. As one of the Nordic private equity pionee...

Korean shipbuilders turn focus to high-value vessels

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 ...

Food triggers next phase of global K-culture craze

Food triggers next phase of global K-culture craze

The ongoing global fever over South Korean music and entertainment content is driving the rapid growth of the country’s packaged food manufact...

Industrial Bank of Korea to sell $500 mn bond at lower cost

Industrial Bank of Korea to sell $500 mn bond at lower cost

Industrial Bank of Korea (IBK) is slated to raise $500 million in dollar corporate bond at a lower-than-planned cost on strong demand.IBK decided to...

Hankook Tire, YASE unveil shoes made of recycled tires

Hankook Tire, YASE unveil shoes made of recycled tires

Hankook Tire & Technology Co., South Korea’s largest tire maker, said on Tuesday it is collaborating with local leather shoe brand YASE to...

Shinsegae chair tapped to head Asian arm of pro-Trump Rockbridge S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial