Japanese car market
Scope
Date
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Batteries
LG Energy to spend $1.7 bn to hike Michigan battery capacity fivefold
The world’s second-largest electric vehicle battery maker LG Energy Solution Ltd. is spending $1.7 billion to expand its battery production ca...
Feb 07, 2022 (Gmt+09:00)
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Entertainment
Kakao to launch webtoon service Piccoma in France
Kakao Corp. announced Sunday that it plans to launch the European version of its webtoon subscription service in either April or May of this year....
Feb 07, 2022 (Gmt+09:00)
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ETFs
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...
Feb 04, 2022 (Gmt+09:00)
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Digital assets
Game developers rush to launch their own digital coins
South Korea’s game developers are in a tight race to create their own digital tokens and to build viable ecosystems that utilize these cryptoc...
Feb 03, 2022 (Gmt+09:00)
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Korean games
Krafton invests $5.4 mn in India’s sports game studio
Krafton Inc. said it invested $5.4 million in India’s mobile game development studio Nautilus Mobile as the South Korean producer of PlayerUnk...
Feb 03, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Kia post record US car sales as Japanese firms struggle
Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, saw their combined auto sales in the US rise to their highest leve...
Feb 03, 2022 (Gmt+09:00)
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IPOs
Hyundai Engineering drops IPO plan on stock market weakness
Hyundai Engineering Co., the plant engineering and construction unit of South Korea’s Hyundai Motor Group, dropped a listing plan to raise up ...
Jan 28, 2022 (Gmt+09:00)
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Markets
Kospi melts as Fed, LG Energy spur foreign selling
South Korean stocks lost ground with the main index entering a bear market on Thursday as foreign investors intensified their selling after the US F...
Jan 27, 2022 (Gmt+09:00)
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Alternative investments
Aju sells San Jose-based hotel at $63 mn after five years
Aju Hotels & Resorts Co., a hospitality firm under Korean conglomerate Aju Group, has sold its San Jose-based hotel to an affiliate of US hosp...
Jan 25, 2022 (Gmt+09:00)
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Foreign exchange
Korea to reform FX market to join MSCI developed markets
South Korea is set to reform the local currency market as the country aims to reach MSCI Inc.’s developed market status for its domestic stock...
Jan 25, 2022 (Gmt+09:00)
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Fraud scandals
Lazard seeks to sell off fraud-hit Osstem Implant
Lazard Asset Management has tapped multiple professional investors in South Korea to sell off its shares in Osstem Implant Co, worth $165 million, t...
Jan 25, 2022 (Gmt+09:00)
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Future mobility
LG Omnipod: A self-driving home on wheels
LG Electronics Inc. is bringing a life-size model of its future mobility autonomous concept vehicle to the real world.The LG Omnipod, a mobility con...
Jan 25, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Kia lead rivals in 2022 US best car awards
Hyundai Motor Group’s major auto brands have won a record number of best car awards by the U.S. News & World Report in recognition of thei...
Jan 24, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Samsung to surprise market with Galaxy S22 at Feb Unpacked event
Samsung Electronics Co., the world’s top smartphone maker, will unveil its latest Galaxy model at next month’s Unpacked event – a ...
Jan 21, 2022 (Gmt+09:00)
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Korean chipmakers
Intel’s curious revelation of its ASML deal raises questions
Intel Corp.’s recent announcement that it is buying a new, advanced chipmaking tool from ASML Holding N.V. has raised questions about the ulte...
Jan 21, 2022 (Gmt+09:00)
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Korean stock market
EcoPro BM beats Kosdaq's top market cap Celltrion
EcoPro BM Co., a leading manufacturer of cathode material for secondary batteries, topped the market capitalization for Kosdaq-listed firms on Jan...
Jan 19, 2022 (Gmt+09:00)
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Automobiles
Korean tire makers to raise prices on higher costs
South Korea’s three leading tire makers joined the global industry’s plans to raise product prices to maintain profitability amid higher...
Jan 18, 2022 (Gmt+09:00)
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Robotics
Doosan Robotics eyes $10 bn cobot market
A robot with a humanoid arm is busy at work transporting parts inside Doosan Robotics’ manufacturing plant in Suwon City, Gyeonggi Province.&n...
Jan 17, 2022 (Gmt+09:00)
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Banking & Finance
BOK restores interest rates to pre-pandemic level
South Korea’s central bank on Friday raised interest rates back to a pre-pandemic level, signaling further hikes to curb rising inflationary p...
Jan 14, 2022 (Gmt+09:00)
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Artificial intelligence
Korean AI startups blaze trails in overseas markets
Artificial intelligence-powered image analysis company Alchera Inc. is working with PG&E (The Pacific Gas and Electric Company (PG&E) in t...
Jan 13, 2022 (Gmt+09:00)
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IPOs
LG Energy sets new IPO record with $9.65 trillion investor demand
LG Energy Solution Ltd., the world’s second-largest battery maker, has set a new record for an initial public offering with demand for its sha...
Jan 12, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor’s Alabama plant: World’s second most productive
Hyundai Motor Co.'s US manufacturing plant in Montgomery, Alabama is the world’s second most productive assembly plant, contributing to the So...
Jan 11, 2022 (Gmt+09:00)
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Venture capital
SoftBank invests $146 mn in AI startup Qraft
SoftBank Group Corp. is investing $146 million in South Korea’s artificial intelligence company Qraft Technologies, Inc. The investment includ...
Jan 11, 2022 (Gmt+09:00)
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CES 2022
Hyundai to sell half of cars in US with eco-friendly models by 2030
Hyundai Motor Co., South Korea’s top automaker, aims to sell half of the cars in the US with eco-friendly models by 2030, increasing sales of ...
Jan 10, 2022 (Gmt+09:00)
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Automobiles
Self-driving car stocks to lead auto sector shares in 2022
Self-driving car-related shares failed to draw attention last year as investors focused on electric vehicles and the autonomous vehicle value chain ...
Jan 05, 2022 (Gmt+09:00)
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Future mobility
Hyundai looks beyond cars to link real, virtual worlds in metamobility
LAS VEGAS – Hyundai Motor Co. has unveiled its grand ambitions to pioneer the use of robotics in both the real world and the virtual sphere, c...
Jan 05, 2022 (Gmt+09:00)
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Shareholder value
POSCO plans to cancel treasury shares in its holding firm
Top management of South Korea's POSCO Co. has decided to cancel treasury shares in its to-be-launched holding company, in an effort to win sharehold...
Jan 05, 2022 (Gmt+09:00)
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Electronics
LG welcomes Samsung’s likely re-entry into OLED TV market
Samsung Electronics Co.'s expected re-entry into the OLED TV market will further expand the growing segment, which is gaining popularity in the...
Jan 05, 2022 (Gmt+09:00)
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Future mobility
Hyundai’s Chung charts vision as top-tier eco-friendly auto brand
South Korea’s top automaker Hyundai Motor Group on Monday set out its vision to be a top-tier eco-friendly auto brand with its focus on electr...
Jan 03, 2022 (Gmt+09:00)
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Korean chipmakers
Time to buy Korean chipmakers; Samsung among 2022 top picks
The year of the tiger will see decent stock price gains in leading chipmakers such as Samsung Electronics Co. and SK Hynix Inc. on expected hypersca...
Jan 03, 2022 (Gmt+09:00)
Latest News
- 1 Want to look beautiful? – Here’s the 'Made In Korea' mask pack
- 2 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 3 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 4 President Lee: Businesses at center of policy priorities for economic growth
- 5 Samsung supplies HBM3E to AMD’s new accelerators