Japan’s JSR reaches out to Lotte, LG for sale of synthetic rubber business

Japan’s JSR reaches out to Lotte, LG for sale of synthetic rubber business

Japan’s JSR Corp. is reaching out to Korean chemical companies to dispose of its synthetic rubber business and focus instead on semiconductor ...

S.Korean unicorn companies line up for IPOs

S.Korean unicorn companies line up for IPOs

Huge sums of money have been flowing into growth sectors globally, prompting South Korean unicorn companies, or non-listed companies with an enterpr...

CJ wraps up $366 mn pre-IPO for top beauty chain

CJ wraps up $366 mn pre-IPO for top beauty chain

CJ Group has completed its pre-IPO placement for CJ Olive Young, the group’s health and beauty brand, with Glenwood Private Equity securin...

Korea’s liquidity-driven IPO market sets slew of fresh records in 2020

Korea’s liquidity-driven IPO market sets slew of fresh records in 2020

As the stock markets around the globe took a wild ride amid the pandemic in 2020, ample liquidity led to plenty of fresh records in the initial publ...

LG Electronics, Magna to launch $1 bn EV gear JV

LG Electronics, Magna to launch $1 bn EV gear JV

LG Electronics Inc. and Magna International Inc. will form a $1 billion joint venture to build electric car components as the tech companies tap int...

Seoul stock markets brimming with startup IPOs in Jan

Seoul stock markets brimming with startup IPOs in Jan

Singapore-based biosimilar maker Prestige BioPharma and nine startups are set to make initial public offerings in Seoul to raise at least 640 billio...

LG Energy Solution, Indonesia sign MOU on battery cooperation

LG Energy Solution, Indonesia sign MOU on battery cooperation

LG Energy Solution, the battery unit of LG Chem Ltd., has signed a memorandum of understanding with the Indonesian government’s investment aut...

US hedge fund Whitebox Advisors opposes LG’s planned spin-off

US hedge fund Whitebox Advisors opposes LG’s planned spin-off

Whitebox Advisors LLC, a US-based hedge fund, opposes a planned spin-off by South Korea’s LG Corp., saying the plan sacrifices minority shareh...

LG Chem to power Wuxi plant with renewable energy bought from China

LG Chem to power Wuxi plant with renewable energy bought from China

South Korea's LG Chem Ltd. says it will power its battery component plant in China with renewable energy as part of its goal to be carbon neutral by...

POSCO Chem becomes supplier for GM-LG Energy Solution JV

POSCO Chem becomes supplier for GM-LG Energy Solution JV

POSCO Chemical Co., a secondary battery materials unit under POSCO, saw its share price surge on announcing that it has secured a contract worth bil...

Investors set sights on value stocks as LG Electronics’ shares soar

Investors set sights on value stocks as LG Electronics’ shares soar

With South Korea’s stock market indexes at or near all-time highs, finding bargains in the market is a daunting task.Growth stocks such as bat...

LG launches AI research think tank for digital transformation

LG launches AI research think tank for digital transformation

LG Electronics Inc. has launched LG AI Research, an artificial intelligence think tank dedicated to securing AI technology, to further aid the gro...

Kakao Page to merge with Kakao M ahead of 2021 IPO

Kakao Page to merge with Kakao M ahead of 2021 IPO

South Korea's largest mobile app operator Kakao Corp. is working to merge its content platform affiliates, a strategic move that should boost the en...

SK Bioscience begins listing process; enterprise value near $3 bn

SK Bioscience begins listing process; enterprise value near $3 bn

South Korea’s SK Bioscience Co., set to enter clinical trials for its COVID-19 vaccine candidates, is expected to list on the Seoul main bours...

LG Chem launches battery unit LG Energy Solution, eyes 2024 sales of $27 bn

LG Chem launches battery unit LG Energy Solution, eyes 2024 sales of $27 bn

South Korea’s LG Chem Ltd. has officially launched its battery affiliate, LG Energy Solution, to carve out a greater share of the increasingly c...

LG Chem, China’s CATL neck and neck in race for top battery player’s spot

LG Chem, China’s CATL neck and neck in race for top battery player’s spot

Global competition for the world’s top spot for the manufacture of electric-vehicle batteries is getting fiercer as major players in South Kor...

LG to hive off trading, four other units into new group

 LG to hive off trading, four other units into new group

South Korea’s fourth-largest conglomerate LG Group will split off its trading arm LG International Corp. and four other non-core units into a ...

Top Korean travel startup Yanolja taps 2021 IPO managers

Top Korean travel startup Yanolja taps 2021 IPO managers

South Korea’s largest travel platform Yanolja has mandated Mirae Asset Daewoo Co. and Samsung Securities Co. to handle its initial public offe...

LG Chem beats CATL, Panasonic to supply batteries for Tesla’s Model Y SUV

LG Chem beats CATL, Panasonic to supply batteries for Tesla’s Model Y SUV

South Korea’s LG Chem Ltd. will supply batteries to US electric vehicle giant Tesla Inc. for its latest mid-size SUV Model Y, to be manufact...

Lady Gaga lights up LG screen in Times Square

Lady Gaga lights up LG screen in Times Square

Pop diva Lady Gaga’s '911' music video brightened up New York’s Times Square on Nov. 18. The video was played on LG Electronics’...

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

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 ...

Chicken stock Kyochon debuts at upper limit, allays IPO concerns

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,...

Korean cinema chain foregoes IPO plans due to COVID-19

Korean cinema chain foregoes IPO plans due to COVID-19

Megabox JoongAng Co., the third-largest cinema chain in South Korea, will forego plans to go public owing to the global coronavirus crisis that has de...

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

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

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 ...

LG Electronics posts record-high Q3 sales, operating profit

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 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...

Lotte Rental shelves share sale plan as IPO market cools

Lotte Rental shelves share sale plan as IPO market cools

Lotte Group has indefinitely postponed its plan to list Lotte Rental Co., in the latest sign of a cooldown in the local initial public offering market...

IMM, four other local PEFs shortlisted for CJ Olive Young pre-IPO

IMM, four other local PEFs shortlisted for CJ Olive Young pre-IPO

IMM Private Equity and four other South Korean private equity firms have been shortlisted for health and beauty franchise CJ Olive Young’s pre-i...

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

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...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale