Euro 7 emission rules
Scope
Date
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Mergers & Acquisitions
Namyang top shareholder barred from casting vote at general meeting
Namyang Dairy Products Co.'s top shareholder and Chairman Hong Won-sik will be barred from exercising his shareholder rights at the company's genera...
Oct 28, 2021 (Gmt+09:00)
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ASK 2021
Korea scientists fund sees US-China conflict create infra investments
The Korea Scientists and Engineers Mutual-Aid Association's (SEMA) Chief Investment Officer Huh Sung-moo said on Wednesday that climate change and g...
Oct 28, 2021 (Gmt+09:00)
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Private equity
Tesco ordered to return $160 mn to MBK over Homeplus deal
Tesco Plc, the UK's largest retailer, was recently ordered by an international arbitration court to return £119 million ($163 million) to MBK ...
Oct 14, 2021 (Gmt+09:00)
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Earnings
LG Electronics Q3 profit halves on GM recalls, sales at record-high
LG Electronics Inc. said on Tuesday it expects its third-quarter operating profit to plunge as heavy costs for General Motors Co.’s recall of ...
Oct 12, 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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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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Entertainment
Netflix brings $4.7 bn economic impact to Korean industries: Deloitte
Netflix Inc. has contributed to a socio-economic impact worth 5.6 trillion won ($4.7 billion) across various South Korean industries through the joi...
Sep 29, 2021 (Gmt+09:00)
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Economy
S.Korea plans to tighten ability-to-repay rules
South Korea's new household lending rules, set to be unveiled next month, will center on tightening the assessment of borrowers' repayment capabilit...
Sep 27, 2021 (Gmt+09:00)
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EV Batteries
SK Innovation to supply batteries to Hyundai IONIQ 7
SK Innovation Co. is set to supply batteries for the IONIQ 7, Hyundai Motor Co.’s large electric sport utility vehicle (SUV) to be unveiled in...
Sep 22, 2021 (Gmt+09:00)
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E-commerce
SoftBank sells part of Coupang shares for $1.7 bn
Vision Fund, led by SoftBank Group founder Masayoshi Son, has sold one-tenth of its shares in South Korea's e-commerce platform Coupang Inc. for $1....
Sep 17, 2021 (Gmt+09:00)
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Chemical Industry
LG Chem, ADM to build JV in US to produce bioplastics made from corn
South Korea’s LG Chem Ltd. said on Tuesday it is jointly building a corn-based bioplastic plant in the US with Archer Daniels Midland Co., a g...
Sep 14, 2021 (Gmt+09:00)
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IPOs
Regulatory moves delay Kakao Group’s IPO plans
Toughening regulations on big tech firms in South Korea are impacting the IPO timeline of Kakao Pay Corp. and Kakao Mobility Corp. According to the ...
Sep 14, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Daewoo Shipbuilding tops 2021 order target
Daewoo Shipbuilding & Marine Engineering Co. exceeded its order target for this year with a $846 million contract for liquefied natural gas (LNG...
Sep 14, 2021 (Gmt+09:00)
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Economy
Ruling party calls for BOK's active role to aid COVID victims
South Korea's ruling Democratic Party has called on the Bank of Korea (BOK) to take a more active role to aid pandemic-hit small business operators ...
Sep 09, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Kakao drops 10.1%, Naver falls 7.9% on potential big tech crackdown
South Korea may be following China’s lead in cracking down on big tech firms. The country’s two leading tech giants Naver Corp. and Kaka...
Sep 08, 2021 (Gmt+09:00)
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Carbon neutrality
S.Korea to allow brokerages to trade carbon credits
Financial services companies, including brokerage firms, will be able to participate in South Korea's carbon emission trading market by year's end a...
Sep 08, 2021 (Gmt+09:00)
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Private equity
GIC, PEFs face further delays to Kyobo exit after ruling
Singapore’s GIC, Canada's Ontario Teacher's Pension Plan (OTPP) and private equity firms, including Affinity Equity Partners, may need to endu...
Sep 07, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Namyang Dairy-Hahn & Co. saga enters new chapter: Legal fight
Namyang Dairy Products Co.'s top shareholder and Chairman Hong Won-sik on Wednesday notified Hahn & Co. of the termination of the 310.7 billion ...
Sep 01, 2021 (Gmt+09:00)
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Electronics
LG Electronics leads industry shift toward OLED TVs
LG Electronics Inc., one of the world’s largest TV makers, is leading the TV industry’s shift toward organic light-emitting diode (OLED)...
Sep 01, 2021 (Gmt+09:00)
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Alternative investments
Philippines LCS Group to join $1.7 bn Korean resort project
The Philippines LCS Group of Companies agreed to join a $1.7 billion resort development in South Korea, marking the first firm from the Southeast As...
Aug 31, 2021 (Gmt+09:00)
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Investment banking
BofA emerges as top dealmaker of S.Korea's mega M&As
Bank of America Merrill Lynch (BofA) has emerged as the top M&A dealmaker in South Korea this year, working on a combined 8 trillion won ($7 bil...
Aug 30, 2021 (Gmt+09:00)
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Energy
Hyundai Engineering wins $256 mn order to revamp Thai IRPC refinery
South Korea’s construction company Hyundai Engineering Co. won a $256 million order from IRPC Pcl. to upgrade its refinery, allowing the Thai ...
Aug 26, 2021 (Gmt+09:00)
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Pension funds
NPS to cut outsourcing of foreign bond investments
South Korea’s National Pension Service, the world’s third-largest pension fund, was set to reduce outsourcing of foreign bond investment...
Aug 25, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE in $1.4 billion deal to build 8 methanol-powered ships for Maersk
Korea Shipbuilding & Offshore Engineering Co. (KSOE) said on Tuesday it has won a 1.65 trillion won ($1.42 billion) order to build eight methano...
Aug 24, 2021 (Gmt+09:00)
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ESG
Korean conglomerates' ESG investment nears $100 bn
South Korea's top 10 conglomerates are rushing to foster eco-friendly businesses models with their investments into environment, social and governan...
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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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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M&As
Mubadala joins GS-led group to buy Korean botox maker
Abu Dhabi’s sovereign investor Mubadala Investment Co. joined a consortium led by South Korean GS Group to acquire the country’s top bot...
Aug 11, 2021 (Gmt+09:00)
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Corporate bonds
KOMIPO raises $300 mn in dollar bonds at lower-than-expected cost
Korea Midland Power Co. (KOMIPO) raised $300 million in a dollar corporate bond at a lower interest rate than planned on strong demand among foreign...
Aug 03, 2021 (Gmt+09:00)
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Economy
Strong Korea Q2 growth keeps rate hike stance despite COVID-19 risks
South Korea's economy reported strong growth on healthy private consumption in the second quarter, keeping expectations of an interest rate hike lat...
Jul 27, 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