SK Hynix completes construction of its largest $3.14 bn chip plant

SK Hynix completes construction of its largest $3.14 bn chip plant

SK Hynix Inc. has completed the construction of its largest chip plant, which will use cutting-edge technology to produce memory semiconductors to m...

Naver plans over $1 bn bond issue in H1 to finance platform investment

Naver plans over $1 bn bond issue in H1 to finance platform investment

Naver Corp., South Korea’s top online portal, plans a bond issue worth as much as 1.26 trillion won ($1.13 billion) in local and ove...

SK Hynix sees robust chip demand; Q4 profits jump y/y

SK Hynix sees robust chip demand; Q4 profits jump y/y

SK Hynix Inc., the world’s second-largest DRAM maker, reported stronger-than-expected quarterly earnings on Friday and expected the DRAM marke...

SK Innovation’s Q4 EV battery business revenue hits record high

SK Innovation’s Q4 EV battery business revenue hits record high

South Korea’s SK Innovation Co. on Friday posted record sales revenue in its electric-vehicle battery business in the fourth quarter of 2020 a...

SK Innovation to build 3rd EV battery plant in Hungary for $2.3 bn

SK Innovation to build 3rd EV battery plant in Hungary for $2.3 bn

SK Innovation Co. will build its third electric-vehicle battery plant in Hungary for $2.29 billion, aiming to grab a greater share of the fast-growi...

SK, China’s Geely eye investment fund for hydrogen, eco-friendly business

SK, China’s Geely eye investment fund for hydrogen, eco-friendly business

South Korea’s SK Holdings Co. and China’s Geely Auto Group are looking to set up a joint fund designed to invest in hydrogen and other e...

SK Innovation buys 13% stake in China’s EV battery-swap station operator

SK Innovation buys 13% stake in China’s EV battery-swap station operator

SK Innovation Co. has signed a deal to acquire a 13% stake in a Chinese electric vehicle battery-swap station operator, as the South Korean company ...

Hana Bank issues $600 mn euro-currency bonds with negative yield

 Hana Bank issues $600 mn euro-currency bonds with negative yield

Hana Bank has become South Korea’s first commercial bank to issue foreign currency bonds at a negative yield, raising 500 million euros ($606 ...

SK's US battery arm sells $1 bn green bonds at lower rates

SK's US battery arm sells $1 bn green bonds at lower rates

The $1 billion green bond sale by SK Battery America Inc., a US unit of South Korea’s SK Innovation Co., was nine times oversubscribed at $9 b...

Hyundai Steel receives $1.9 bn in orders for green bonds

Hyundai Steel receives $1.9 bn in orders for green bonds

South Korea-based Hyundai Steel Co. received around 2 trillion won ($1.9 billion) worth of orders in Monday's bookbuilding for its green bond issue,...

Kia to issue green notes as part of $500 mn global bonds for future mobility

Kia to issue green notes as part of $500 mn global bonds for future mobility

Kia Corp., a unit of Hyundai Motor Group, plans to issue green bonds in overseas markets to raise money for future mobility investments, including e...

S.Korean chem firms look to specialty chemicals to drive growth

S.Korean chem firms look to specialty chemicals to drive growth

South Korea-based Kumho Petrochemical Co. stunned the market last year with a positive earnings surprise in the third quarter of 2020. The company...

SK Hynix to issue $2.5 bn worth of global bonds; largest amount ever

SK Hynix to issue $2.5 bn worth of global bonds; largest amount ever

SK Hynix Inc. is planning to issue $2.5 billion worth of global bonds, the largest amount to be raised in a bond issue by a South Korean company, dr...

SK Hynix CEO Lee Seok-hee: Star engineer, bookworm, soju connoisseur

SK Hynix CEO Lee Seok-hee: Star engineer, bookworm, soju connoisseur

When SK Hynix Inc. announced a $9 billion all-cash deal to acquire Intel Corp.’s NAND memory chip business in mid-October of last year, the ma...

Hyundai, Kia to raise $921 mn in green bonds for future mobility

Hyundai, Kia to raise $921 mn in green bonds for future mobility

Hyundai Motor Co. and Kia Motors Corp. plan to issue green bonds worth a combined 1 trillion won ($912 million) as they gear up to raise money for...

Yellow Umbrella Mutual seeks Korea's bond managers for $550 mn mandate

Yellow Umbrella Mutual seeks Korea's bond managers for $550 mn mandate

The Yellow Umbrella Mutual Aid Fund, a $12 billion savings arm for South Korea’s small business owners, is looking to mandate four domestic fi...

SK Group inks $1.5 bn deal to acquire US hydrogen fuel cell maker Plug Power

SK Group inks $1.5 bn deal to acquire US hydrogen fuel cell maker Plug Power

South Korea’s SK Group has signed a $1.5 billion deal to acquire a controlling stake in US hydrogen fuel cell maker Plug Power Inc. and launch...

SK Innovation to raise $920 mn for US battery plant expansion

SK Innovation to raise $920 mn for US battery plant expansion

South Korea-based SK Innovation Co. is ramping up investment for its US-based electric vehicle battery business, with plans to raise up to 1 tri...

S.Korea's ESG bond issues could top $920 mn in Jan

S.Korea's ESG bond issues could top $920 mn in Jan

South Korea's environmental, social and governance (ESG) bond market is seeing strong growth as companies are driven by institutional investors' inc...

S-Oil to speed up push into chemical business

S-Oil to speed up push into chemical business

S-Oil Corp., 63.4% owned by Saudi Aramco, will more than double its petrochemical production capacity over the next decade to further expand beyond ...

Korea’s treasury yields climb on hopes of vaccines, more bond issues

Korea’s treasury yields climb on hopes of vaccines, more bond issues

South Korea’s treasury yields are heading higher as advances in vaccine development and concerns over increased government bond sales prompt f...

SK in talks to buy French biologics contract manufacturer

SK in talks to buy French biologics contract manufacturer

SK Holdings is in the early stages of negotiations to acquire France’s biologic contract manufacturing organization (CMO) Yposkesi, in a move ...

SK Innovation partners with EVE to launch third battery plant in China

SK Innovation partners with EVE to launch third battery plant in China

South Korea-based SK Innovation Co. has entered into a joint venture with Chinese battery maker EVE Energy Co. to set up a third battery plant in Ch...

KDB seeks up to $1 bn global bond issue in mid-Jan

KDB seeks up to $1 bn global bond issue in mid-Jan

Korea Development Bank (KDB) is planning to raise between $500 million and $1 billion in a dollar bond sale in mid-January, set to become the first ...

SK injects $200 mn into Roivant partnership for new drug development

SK injects $200 mn into Roivant partnership for new drug development

SK Holdings Co., the holding company of South Korean conglomerate SK Group, has become the first Korean company to foray into the targeted protein d...

NAND competition heats up as SK Hynix unveils 176-layer flash memory

NAND competition heats up as SK Hynix unveils 176-layer flash memory

SK Hynix Inc. has developed 176-layer NAND flash memory, the industry’s highest-density chip, following in the footsteps of Micron Technology ...

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...

SK to create $27 bn in addt'l net asset value via hydrogen business

SK to create $27 bn in addt'l net asset value via hydrogen business

SK Holdings Co., the holding company of South Korean conglomerate SK Group, aims to be at the forefront of the country's hydrogen ecosystem as part ...

SK Hynix shares hit fresh high; signaling DRAM supercycle

SK Hynix shares hit fresh high; signaling DRAM supercycle

SK Hynix Inc., the world's second-largest memory chipmaker, saw its share price climb to a historic high on Dec. 2, posting a higher gain than the w...

Global oil refiners, local PEs among 7 bidders for SK Lubricants stake

Global oil refiners, local PEs among 7 bidders for SK Lubricants stake

Global oil refiners, strategic investors and private equity funds in Korea and abroad have submitted non-binding bids for up to 49% of SK Lubricants...

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