SK Hynix-led $101 bn Korean chip project delayed again
SK Hynix Inc.’s $101 billion project to build a semiconductor complex in South Korea was delayed again, stoking concerns that the world’...
Hyundai Heavy IPO creates largest shipbuilder on Kospi
Hyundai Heavy Industries Co. successfully went public on Sept. 17 by closing at almost double its IPO price. The stock price closed at 111,500 won (...
Samsung C&T, S-Oil in hydrogen transport partnership
Samsung C&T Corp., the construction and trading arm of Samsung Group, has tentatively agreed with S-Oil Corp. to cooperate in securing overseas ...
Celltrion makes first step in streamlining governance structure
South Korea’s pharmaceutical conglomerate Celltrion Group has made its very first step in reforming corporate governance structure by merging ...
KB Fin, Shinhan invest in Sweden's wind farm via joint fund
South Korea's two banking giants -- KB Financial Group and Shinhan Financial Group -- have invested a combined 80 billion won ($68 million) in a win...
Korea’s Halla to enter EV battery materials business
South Korea’s auto parts supplier Halla Holdings Corp. is making inroads into the electric vehicle battery materials business.Halla said on Se...
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...
LS-Nikko to boost profit by 4-6% with smart factory
LS-Nikko Copper Inc., the world’s second-largest electrolytic copper maker, is beginning to reap the rewards of its smart factory project bega...
High-priced drugs add to pressure for Korea's healthcare reform
A number of new rare disease treatments, approved in South Korea over the past year, are still unaffordable for the public because of their price ta...
North Korea fires two ballistic missiles off its East Coast
SEOUL—North Korea launched two ballistic missiles off its east coast on Wednesday, South Korean and Japanese officials said, in Pyongyang&rs...
Asia’s Covid-19 Success Stories Warily Ponder Post-Vaccination Moves
Earlier this month, Singapore reached a Covid-19 milestone: The fully vaccinated portion of the population crossed 80%. But instead of moving ahead wi...
IB firms enter tough race for SSG.COM IPO underwriting deal
The race to become the lead underwriter for the IPO of Shinsegae Group’s e-commerce brand SSG.COM is getting fierce. A total of nine instituti...
S.Korea fines Google $180 mn for operating system market abuse
South Korea's Fair Trade Commission (FTC) on Tuesday imposed a fine of 207.4 billion won ($180 million) on Google, alongside a correction order, aft...
Tech crackdown bites Korea Inc.
Investors are selling technology stocks in a major Asian economy on regulatory worries just as one of the country’s biggest online payment com...
Millennials now S.Korea’s largest buyer of luxury goods
The millennials have become the largest spenders on luxury goods at department stores in South Korea. According to joint research by The Korea Econo...
S.Korea's potential growth rate drops to record low
The COVID-19 pandemic has dampened South Korea's growth potential between this year and the next by 0.2 percentage points to its historic low of 2.0...
Korea refiners' recovery accelerates on strong margins
South Korean refiners are gathering recovery momentum as refining margins hit a two-year high on falling petroleum product supply from China and r...
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 ...
Korea content platform startup to buy Getty Images unit
A South Korean content platform startup OGQ Corp. is set to take over the world’s leading stock content company Getty Images Inc.’s unit...
Korea postpones forex bond sale to October
South Korea’s government delayed a sale of foreign exchange stabilization fund bonds to next month, disrupting local companies’ plans to...
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 ...
Korea silicon anode materials makers to see quantum leap in demand
The global silicon-based anode materials market is gathering momentum as demand is expected to outpace supply on increasing production of electric v...
Korea’s Simone: Rise from replica handbag maker to luxury brand
UIWANG, Gyeonggi Province – Simone Acc. Collection Ltd., a South Korean luxury handbag maker, stresses one interesting number to its clients w...
Korea’s Genome & Company aims US CMO market
South Korea’s microbiome medicine developer Genome & Company geared up for entering the U.S. market to boost profits and make inroads into...
Taihan Cable lands $36 mn US infrastructure deal ahead of LA Olympics
South Korea’s oldest electric wire maker Taihan Cable & Solution Co., formerly known as Taihan Electric Wire Co. until under IMM PE’...
Amazon Global Store shakes up S.Korea’s e-commerce scene
Amazon Global Store posted a stellar first-week performance in South Korea. The service, launched at the end of August on SK Telecom Co.’s onl...
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...
S.Korea kicks off AI strategy talks with Naver, Kakao, Samsung, telcos
South Korean government has hosted the first top-level artificial intelligence (AI) roundtable meeting with representatives from the country’s...
Philippines LCS Group to invest more in Korea tourism
The Philippines LCS Group of Companies plans to expand investment in South Korea’s tourism as the Northeast Asian country is expected to attra...
TikTok owner ByteDance in talks to invest $43 mn in Korea’s KidariStudio
South Korea’s online content platform KidariStudio Inc. will likely attract 50 billion won ($43 million) from China’s ByteDance Ltd., th...
