LG Group ex-chair eyes spin-off of trading, logistics units

LG Group’s ex-Vice Chairman and senior advisor Koo Bon-joon is in talks to take the trading arm LG International Corp. and other non-core units ...

Foreign investors shift from growth stocks to net buy $3.5 bn in cyclicals

South Korea's stock market is seeing a shift in buying trends from foreign investors who are increasingly beefing up investments in cyclical stocks wh...

Chicken stock Kyochon debuts at upper limit, allays IPO concerns

South Korea’s No. 1 fried chicken franchise operator Kyochon F&B debuted on the main bourse with its shares rising to the upper daily limit,...

S. Korean stock market posts record-high market cap; SK biopharm added to MSCI

South Korea's benchmark Kospi reached a two-year high closing at 2485.87 points on Nov. 11, posting an eight-session winning streak driven by imminent...

South Korean investors ramp up US stock purchases

South Korean investors ramped up overseas stock purchases amid looming uncertainty surrounding the US Presidential Election during the first week of N...

LG Chem, Neste join forces to make bio-based synthetic resins

LG Chem Ltd. plans to produce synthetic resins such as polyolefin, polycarbonate and polyvinyl chloride, using biomaterials from Finland's diesel prod...

NPS dumps $265 mn LG Chem shares after spin-off announcement

The National Pension Service, the No. 2 shareholder in South Korea's LG Chem Ltd., has sold off around 300 billion won ($265 million) worth of shares ...

Korea’s EV battery stocks surge on Europe sales, US vote

Shares of South Korea’s three leading electric vehicle battery makers surged Tuesday, on strong electric car sales in Europe and expectations th...

LG Electronics posts record-high Q3 sales, operating profit

LG Electronics Inc.’s quarterly operating profit and sales surged thanks to solid growth in its television and home appliance segments and small...

LG Chem shareholders approve plan to split off battery business

LG Chem Ltd. shareholders have approved the South Korean chemical maker’s plan to hive off its battery business, paving the way for the standalo...

LG Chem’s No. 2 shareholder NPS opposes battery spin-off

South Korea’s National Pension Service (NPS) has decided to vote against LG Chem Ltd.’s plan to split off its battery business at a shareh...

LG to provide ice-making tech for Electrolux's French door refrigerators

South Korea's tech giant LG Electronics Inc. announced on Oct. 26 that it has entered into a patent-licensing agreement with Sweden-based Electrolux t...

LG Display swings to Q3 profit, ending six-quarter string of losses

LG Display Co., a major South Korean display panel maker, has swung to a quarterly profit for the first time in seven quarters on growing demand amid ...

LG Chem gears up to supply new batteries to Tesla; shares surge

Shares of LG Chem Ltd. surged on Oct. 22 as investors snapped up the electric vehicle battery maker on Tesla Inc.’s record quarterly earnings, a...

LG Display and Disney partner to offer new viewing experiences

South Korea’s LG Display Co. and US-based StudioLAB have entered a three-year partnership that will combine the local display maker's innovative...

Once high-flying bio stock hit by financial scandal

Helixmith Co., once No.2 stock on the junior Kosdaq market, has lost 40% in the past week following its disclosure of $233 million investment in high-...

LG Chem’s Q3 profit soars, battery earnings at record high

South Korea’s LG Chem Ltd. reported on Oct. 21 that its quarterly revenue and operating profit rose to all-time highs in the July-September peri...

LG Electronics launches world’s first roll-up TV

LG Electronics Inc. has unveiled the world’s first roll-up TV in the Korean market as the South Korean consumer electronics giant aims to enhanc...

Hyundai Glovis, Hyundai Motor, LG Chem get nod on EV battery recycling

The South Korean government has eased regulations to allow local automakers and battery makers to collaborate on recycling used electric-vehicle batte...

LG Chem develops world's first biodegradable plastic alternative

LG Chem Ltd. has developed the world's first 100% biodegradable material that can replace plastic as the company moves to take the lead in the global ...

LG Chem to hold market lead with tenfold battery patents vs CATL: executive

South Korea’s LG Chem Ltd., which has heavily invested in research and development projects, says it will retain its market lead over close riva...

Top proxy adviser ISS approves of LG Chem’s battery spin-off

LG Chem Ltd.’s plan to spin off its promising battery business has won support from the world’s top proxy adviser Institutional Shareholde...

Credit Suisse says Korean stocks remain cheap

South Korean bourses may have been Asia’s top performers since global stock markets hit troughs in March, but the country remains Credit Suisse'...

Glass Lewis recommends LG Chem investors approve battery spin-off

Leading proxy adviser Glass Lewis has recommended that LG Chem Ltd. investors vote to approve the company’s plan to split off its battery busine...

Samsung Electronics embraces ESG for company assessment

South Korean companies are becoming more proactive in prioritizing environmental, social and governance (ESG) standards. In line with the ESG wave, Sa...

LG Electronics to launch world’s first roll-up TV in October

LG Electronics Inc. plans to release the world’s first roll-up TV later this month as the South Korean consumer electronics giant aims to enhanc...

LG Chem surprises market with record Q3 earnings estimates

LG Chem Ltd., South Korea’s largest chemical and electric vehicle battery maker, expects its quarterly revenue and operating profit to rise to a...

LG Electronics expects record Q3 results on brisk home appliance, TV sales

LG Electronics Inc. expects its operating profit to rise to a quarterly record in the July-September period thanks to solid growth in its television a...

China’s CATL poised to overtake LG Chem as top EV battery maker

Global competition for the world’s top spot for the manufacture of rechargeable batteries is getting fiercer as China is stepping up efforts to ...

Dust over Tesla settles; Morgan Stanley upgrades LG Chem to ‘overweight’

South Korea’s LG Chem Ltd. is an attractive stock with 27% upside potential on removal of uncertainty over its battery business spin-off and Tes...