The New E-Class
Scope
Date
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Economy
S.Korea, Japan ink first free trade deal via 15-country trade bloc
South Korea joined the world’s biggest free trade regime on Nov. 15 by signing a mulilateral FTA pact that covers 15 countries in the Asia-Pacif...
Nov 16, 2020 (Gmt+09:00)
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Corporate strategy
Amazon, SK Telecom join hands in Korea e-commerce market
SK Telecom Co. and online retail giant Amazon.com have agreed to team up in South Korea’s e-commerce market, in a deal that could lead to cross-...
Nov 15, 2020 (Gmt+09:00)
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Pension funds
Korean teachers' fund names ex-education minister as CEO
South Korea’s Ministry of Education has chosen Kim Sang-gon, formerly deputy prime minister and education minister, as the new chief executive f...
Nov 11, 2020 (Gmt+09:00)
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Earnings
Kakao’s Q3 sales, operating profit soar on e-commerce, online ad gains
South Korea’s mobile platform giant Kakao Corp. said Thursday its operating profit and sales jumped to their all-time highs in the third quarter...
Nov 05, 2020 (Gmt+09:00)
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Aberdeen Standard Investments
[ASK2020] Allocate to ideas, not asset classes
Aberdeen Standard Investments is dedicated to helping investors around the world reach their investment goals and broaden their financial horizo...
Oct 30, 2020 (Gmt+09:00)
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Corporate governance
SK Holdings' board underpins new standard in Korea
On Jul. 21, SK Holdings Co.'s board of directors rejected management's request to simplify the reporting procedure for investment proposals. Among the...
Oct 29, 2020 (Gmt+09:00)
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Korean investors' survey
Korean investors pick private debt as preferred asset class
South Korea’s institutional investors, including pension funds, mutual aid associations and insurers, plan to increase the private debt portion ...
Oct 27, 2020 (Gmt+09:00)
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Cylindrical batteries
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...
Oct 22, 2020 (Gmt+09:00)
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Doosan Infracore
GS E&C challenges Hyundai Heavy in Doosan deal
GS Engineering & Construction Co. (GS E&C) has joined the bidding for a stake in Doosan Infracore Co. after the bid submission deadline, a mov...
Oct 22, 2020 (Gmt+09:00)
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Partnerships
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...
Oct 22, 2020 (Gmt+09:00)
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Eco-friendly material
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 ...
Oct 20, 2020 (Gmt+09:00)
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Hydrogen economy
Hyundai’s hydrogen push gains steam under new leadership
Hyundai Motor Co. is taking the lead in the South Korean government drive to push the hydrogen economy as one of the country’s new growth engine...
Oct 15, 2020 (Gmt+09:00)
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Leadership change
New Hyundai Motor Chairman Chung Euisun sets sights on future mobility
Chung Euisun, executive vice chairman of Hyundai Motor Co., has assumed the chairmanship of Hyundai Motor Group, officially confirming his ascension t...
Oct 14, 2020 (Gmt+09:00)
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K-pop
BTS ushers in new paradigm for online concerts
South Korea’s seven-member boy band BTS has had many firsts over the years. They were the first Korean band to perform at the legendary Wembley ...
Oct 12, 2020 (Gmt+09:00)
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Private debt
Brookfield set to raise $610 mn for new infrastructure debt fund: report
Brookfield Asset Management Inc. will collect around 700 billion won ($610 million) from South Korean institutional investors for its second infrastru...
Oct 11, 2020 (Gmt+09:00)
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Samsung Electronics
Samsung beats TSMC to win new Qualcomm order to make mobile chips
Samsung Electronics Co. has clinched a deal with Qualcomm Technologies Inc. to manufacture 5G-capable mobile application processors designed for mid-r...
Oct 06, 2020 (Gmt+09:00)
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Trendy space
Biophilic, planterior design emerge as new trends for millennials
The 1994 film “Leon," known as “The Professional” in the US, became an iconic film portraying an unlikely friendship betwe...
Sep 30, 2020 (Gmt+09:00)
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Entertainment
Studio Dragon sets sights overseas, $3.4 bn market cap possible: analyst
South Korea’s leading drama producer Studio Dragon Corp. is expected to post handsome earnings in coming years, boosted by a steady stream of jo...
Sep 16, 2020 (Gmt+09:00)
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Samsung Electronics
Samsung to make new Qualcomm chips for 5G smartphones with 5nm technology
Samsung Electronics Co. has secured a deal to manufacture Qualcomm Technologies Inc.’s new mobile application processor for 5G smartphones, the ...
Sep 14, 2020 (Gmt+09:00)
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Doosan Group
Doosan Heavy seeks new buyer for construction arm after deal falls through
Doosan Heavy Industries & Construction Co. has begun fresh talks with potential buyers for construction affiliate Doosan Engineering & Constru...
Sep 08, 2020 (Gmt+09:00)
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Renewable energy
Hanwha Solutions, affiliates’ shares soar on Green New Deal, defense
Share prices of Hanwha Solutions Corp. and other Hanwha Group units are being re-rated as the companies shift their business focus to the green energy...
Sep 08, 2020 (Gmt+09:00)
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Restructuring
Doosan Heavy to wrap up first-round restructuring with $1.1 bn new share sale
Doosan Heavy Industries & Construction Co. Ltd., the debt-ridden South Korean power plant builder, is set to wrap up the first round of its debt r...
Sep 04, 2020 (Gmt+09:00)
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Pension fund
Kim Yong-jin officially appointed as NPS’ new CEO, likely to drive decision over CIO status
Kim Yong-jin, the former second vice finance minister of President Moon Jae-in’s government between mid-2017 and 2018, has been chosen as the Na...
Aug 31, 2020 (Gmt+09:00)
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Private equity
Hanwha Life commits $400 mn to KKR’s new Asia buyout fund
Hanwha Life Insurance Co. Ltd., South Korea’s second-biggest life insurer, has committed around $400 million to KKR & Co.’s new Asia b...
Aug 25, 2020 (Gmt+09:00)
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FKI calls for further easing of new CVC rules to spur investment
The South Korean government, which recently decided to allow holding companies of conglomerates to run corporate venture capital (CVC) units, needs to...
Aug 19, 2020 (Gmt+09:00)
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Bio
Samsung Biologics to double bioreactor capacity with $1.5 bn new plant
Samsung Biologics Co. Ltd., the world’s largest contract manufacturing organization (CMO) in terms of capacity, will invest 1.74 trillion won ($...
Aug 11, 2020 (Gmt+09:00)
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KOSPI
Kospi's 12-month P/E ratio hits a 13-year high
Kospi has posted a 13-year high with 12-month forward price-earnings ratio recording 12.84 times on August 6, according to financial data provide...
Aug 10, 2020 (Gmt+09:00)
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EMP Belstar
Korean investors quickest to jump into new TALF fund: EMP Belstar
South Korean institutional investors have become the world's first group of investors in a fund related to the Federal Reserve's new Term Asset-B...
Jul 07, 2020 (Gmt+09:00)
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Hyundai Motor
Hyundai, Hankook Tire may rebuild relations with new test-driving center
Hyundai Motor Group has reached a tentative agreement to build the country’s biggest test-driving center at a new tire testing facility of Hanko...
Jun 17, 2020 (Gmt+09:00)
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Alternative investment
Korean funds hold off new midstream project investments
Pension funds, insurance companies and asset managers in South Korea have indefinitely halted new investments in North America’s midstream asset...
Mar 21, 2020 (Gmt+09:00)
Latest News
- 1 Hana Asset launches ultra-low-fee Nasdaq 100 ETF
- 2 Even barcodes copied: Counterfeits invasion threatens K-brands
- 3 Xiaomi to open first offline store in S.Korea with premium products
- 4 Loss-making Lotte Chemical to sell water treatment unit to Synopex
- 5 Google to invest $100 mn in Gentle Monster in smart glasses push