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IPOs
LG Energy to list end-January with enterprise value up to $67 billion
LG Energy Solution Ltd. will list its shares on the main bourse around the end of January, valuing the top South Korean battery maker between 70 tri...
Nov 23, 2021 (Gmt+09:00)
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Business & Politics
Samsung likely to announce US foundry investment plan this week
Samsung Electronics Co. is expected to announce an investment plan for its second US-based semiconductor foundry plant this week. As the South Kor...
Nov 22, 2021 (Gmt+09:00)
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Batteries
SK, Beijing Easpring Material join hands on battery materials
SK Inc., the holding and investment company of South Korea’s SK Group, and Beijing Easpring Material Technology Co., a major Chinese cathode m...
Nov 16, 2021 (Gmt+09:00)
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Corporate bonds
Korea’s Hot Chicken Flavor Ramen maker to issue first bond
South Korea’s Samyang Foods Co., the maker of the Hot Chicken Flavor Ramen, plans to issue its first corporate bonds ever as it is expanding b...
Nov 10, 2021 (Gmt+09:00)
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Private equity
Orchestra PE buys Korean pizza brand Banolim
Orchestra Private Equity set up Orchestra Private Equity IV (OPE IV) to invest $32 million in Korea’s pizza chain operator Banolim Food Co. an...
Nov 10, 2021 (Gmt+09:00)
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Future Mobility
Hyundai to set up UAM research center in LA next year
South Korea’s Hyundai Motor Group is accelerating the urban air mobility (UAM) business with a plan to set up a research center for the sector...
Nov 10, 2021 (Gmt+09:00)
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Retail
Korean apparel retailer F&F returns as market darling after relisting
South Korean outdoor clothing retailer F&F Co. has returned as one of the most coveted stocks on the main bourse, with its share price nearly tr...
Nov 05, 2021 (Gmt+09:00)
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Steel
SeAH set for record earnings on steel supercycle, offshore wind projects
SeAH Group, a South Korean mid-size special steel conglomerate, is set to post record earnings this year on the back of the global steel supercycle ...
Oct 31, 2021 (Gmt+09:00)
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ASK 2021
Korea Post advises more GPs set up Korean offices for better partnerships
Korea Post looks to expand asset classes that can hedge inflation and earn benefits from rising interest rates despite concerns of stagflation and c...
Oct 28, 2021 (Gmt+09:00)
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Batteries
LG Chem to set up separator JV in Hungary with Toray of Japan
LG Chem Ltd., South Korea’s top chemical maker, has agreed to set up a joint venture with Japan’s Toray Industries Inc. for the producti...
Oct 27, 2021 (Gmt+09:00)
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Alternative investments
Koramco puts $103 mn in funds for US university housing
Koramco Asset Management Co., one of the top asset managers in Korea and a 100% subsidiary of Koramco REITs Management & Trust Co., said on Oc...
Oct 27, 2021 (Gmt+09:00)
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Korean games
Korea’s top mobile game to be launched in Taiwan in Q1 2022
South Korea’s top mobile game Odin: Valhalla Rising will be launched Taiwan in the first quarter of next year as its developer Lionheart Studi...
Oct 27, 2021 (Gmt+09:00)
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Cryptocurrencies
KTCU to be Korea’s first pension fund to invest in cryptocurrency ETF
South Korea’s second largest institutional investor Korean Teachers' Credit Union (KTCU), with $40.2 billion under management, is eyeing its f...
Oct 25, 2021 (Gmt+09:00)
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IPOs
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...
Oct 22, 2021 (Gmt+09:00)
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Entertainment
Korean OTT platform TVing to go abroad with Naver's LINE
South Korea's over-the-top (OTT) streaming platform TVing Co. will make its inroads into Japan and Taiwan next year and into the US in 2023, tapping...
Oct 19, 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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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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Aerospace & Defense
S.Korea’s first homegrown space rocket Nuri set for October launch
South Korea will be the seventh country in the world to launch a space rocket with homegrown technologies. The long-awaited Nuri, or Korea Space Launc...
Oct 08, 2021 (Gmt+09:00)
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Chief Executives
Korean military fund targets medium-risk global assets
The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is chasing medium-risk, medium-return assets in developed markets with a...
Sep 27, 2021 (Gmt+09:00)
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Airlines
Korean Air credit outlook raised, passenger traffic set to return
The credit rating outlook for Korean Air Lines Co. (KAL) and its parent Hanjin KAL Corp. has been upgraded amid expectations that passenger flights ...
Sep 21, 2021 (Gmt+09:00)
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IPOs
Kakao delays mobility unit IPO as parent comes under fire
Kakao Mobility Corp., South Korea’s largest taxi-hailing company, has indefinitely postponed its planned initial share sale, as its parent, Ka...
Sep 17, 2021 (Gmt+09:00)
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Hydrogen economy
Hydrogen: Next big thing for stock investors in Korea
In 2009, battery makers were barely on the radar in South Korea when it comes to stock investment. Back then, the rechargeable battery industry was ...
Sep 13, 2021 (Gmt+09:00)
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Batteries
EcoPro BM to reveal overseas production plans in mid-Oct
South Korea’s battery materials maker EcoPro BM Co. is set to unveil its plans for manufacturing in other countries including the United State...
Sep 10, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Hanwha seeks more M&A targets: Group’s heir apparent
Hanwha, the South Korean chemicals-to-financial conglomerate, has been a key player in the M&A market with a series of acquisitions in recent ye...
Sep 10, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Netmarble acquires Canadian game studio for $165 mn
South Korea's Netmarble Corp. has acquired Canada's mobile game developer Ludia Inc. for $165 million, the latest in a series of its cross-border ac...
Sep 09, 2021 (Gmt+09:00)
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Debt financing
LG set to fund OLED plant expansion with over $400 mn in new bonds
LG Display Co. will likely raise around 500 billion ($430 million) in new bond issues, more than its planned 300 billion won, to finance the expansi...
Sep 07, 2021 (Gmt+09:00)
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Non-ferrous metals
Korea Zinc emerges winner despite sharp decline in treatment fees
Just like many other manufacturers around the world, 2020 was a turbulent year for Korea Zinc Co., the world’s largest lead and zinc smelter.T...
Sep 05, 2021 (Gmt+09:00)
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Energy
LG Chem to set up next-generation bio-oil plant in Korea
South Korea’s LG Chem Ltd. plans to build a next-generation bio-oil plant in the country with a local biodiesel company as the petrochemical m...
Sep 02, 2021 (Gmt+09:00)
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IPOs
Hyundai to step up push into eco-friendly ships with IPO
Hyundai Heavy Industries Co. plans to spend 70% of the proceeds from its initial public offering on the Korea Exchange, or about 760 billion won ($6...
Sep 02, 2021 (Gmt+09:00)
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IPOs
Blackstone, Hahn & Co. to reap $800 mn from two Korean IPOs
South Korea's largest used car seller K Car Co., wholly owned by Hahn & Co., will go public on the country's main stock exchange in October, whi...
Aug 31, 2021 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet