arms exports
Scope
Date
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Steel
S.Korean mold makers target global leadership with record exports
South Korea’s die and mold industry reported another year of export growth last year, fueled by record-high volume to North America, and maint...
Mar 16, 2021 (Gmt+09:00)
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Economy
Korea remains world's 7th-largest exporter despite drop in exports
South Korea has maintained its position as the world's seventh-largest exporter despite its exports dropping by over five percent last year, accordi...
Mar 01, 2021 (Gmt+09:00)
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Pre-IPOs
KKR signs $580 mn share purchase of Hyundai Heavy’s A/S arm
KKR & Co. signed a definitive agreement on Tuesday to buy a stake in Hyundai Global Service Co. from Hyundai Heavy Industries Holdings Co. for 6...
Feb 23, 2021 (Gmt+09:00)
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Joint Ventures
SK Group to sell stake in petrochemical arm; seeks global partnership
South Korea’s third-largest conglomerate SK Group is eyeing a joint venture with a global petrochemical firm as part of the group’s stra...
Feb 23, 2021 (Gmt+09:00)
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Leadership & Management
Korea Post names new CIOs of savings, insurance arms
Korea Post has appointed new chief investments officers of both its savings and insurance units, in an internal reshuffle of senior managers at the ...
Feb 09, 2021 (Gmt+09:00)
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Korean food
Startups spice up Korean food export market
South Korean startups are at the forefront of the Korean food export boom as they boost global awareness of popular dishes such as spicy fermented c...
Feb 02, 2021 (Gmt+09:00)
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Logistics
HMM, SM Line to deploy container ships to support Korean exporters
South Korea’s leading shipping companies have decided to deploy at least five container carriers on major sea routes to provide support for lo...
Jan 22, 2021 (Gmt+09:00)
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Batteries
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...
Jan 20, 2021 (Gmt+09:00)
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Monthly trade infographics
S.Korea's cleaning and disinfecting appliance exports soar amid COVID-19 pandemic
Increased time spent at home due to the prolonged COVID-19 pandemic has led to the rise in exports of cleaning and disinfecting appliances, including ...
Jan 08, 2021 (Gmt+09:00)
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Korean chipmakers
Korea’s chip exports to top $100 bn in 2021, second-best performance ever
South Korea’s semiconductor exports are expected to top $100 billion this year, led by rising demand for DRAM and system chips.According to th...
Jan 05, 2021 (Gmt+09:00)
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Earnings
Korean firms' Q4 earnings seen to jump, led by exporters
Exporters, including Samsung Electronics Co., LG Chem Ltd. and Samsung SDI Co., are estimated to have led a sharp increase in listed South Korean ...
Dec 28, 2020 (Gmt+09:00)
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Economy
Korea set to overtake Japan as No. 5 exporter by 2026
South Korea is set to overtake Japan and become the world’s No. 5 export powerhouse by 2026 on grounds that the country will maintain its cu...
Dec 03, 2020 (Gmt+09:00)
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Markets
Seoul shares break through 2,600 to hit record close
Economically sensitive stocks such as chips, steel and shipbuilding pushed the South Korean stock market to its strongest close on Nov. 23, with gro...
Nov 23, 2020 (Gmt+09:00)
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Shareholder activism
NPS set to up pressure on spicy Korean ramen exporter
The National Pension Service has signaled a possible exercise of shareholder rights against South Korea’s No. 3 instant noodle maker Samyang Foo...
Nov 18, 2020 (Gmt+09:00)
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Leadership & Management
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 ...
Nov 16, 2020 (Gmt+09:00)
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Economic growth
Korean economy rebounds in Q3 on exports, challenges ahead
South Korea’s economy returned to growth in the third quarter on strong exports, marking the first quarterly expansion since the outbreak of the...
Oct 27, 2020 (Gmt+09:00)
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Pre-IPOs
KKR mulls investment in Hyundai Heavy's maintenance arm
South Korea's leading shipbuilder Hyundai Heavy Industries Holdings Co. is in talks with global private equity firm KKR to secure investments as part ...
Oct 23, 2020 (Gmt+09:00)
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Automobiles
Hyundai exports hydrogen vehicles to world’s No. 1 oil producer Saudi Aramco
Hyundai Motor Co. has shipped four hydrogen-powered vehicles to Saudi Arabian Oil Co., the world’s largest oil producer, at a time when even the...
Sep 28, 2020 (Gmt+09:00)
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Pre-IPO
SK Innovation’s battery arm secures $258 mn in pre-IPO placement
SK Innovation Co.’s wholly owned subsidiary SK IE Technology Co. (SK IET) is set to fetch 300 billion won ($257.6 million) in a pre-IPO placemen...
Sep 22, 2020 (Gmt+09:00)
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Debt
Export-Import Bank of Korea sells $500 mn euro bonds with negative yield
The Export-Import Bank of Korea (KEXIM) has issued euro-currency bonds worth $500 million at a negative interest rate, the bank said on Sept. 15, less...
Sep 15, 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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South Korea GDP
Korean exports remain sluggish in Q2 as GDP sees worst contraction since 2008
South Korea's real gross domestic product contracted 3.2% quarter on quarter, posting 448.2 trillion won ($378.1 billion) in Q2, according t...
Sep 01, 2020 (Gmt+09:00)
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Private equity
Carlyle Group to exit from Korean OEM apparel exporter in seven years
The Carlyle Group has sold off its stake in South Korea's Yakjin Trading Corp., an original equipment manufacturer (OEM) for global brands such a...
Aug 21, 2020 (Gmt+09:00)
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Korean dramas push cultural content exports beyond $10 billion
Korean dramas are becoming a worldwide phenomenon as they rise steadily to become one of Korea's major exports - even in countries that harb...
Aug 10, 2020 (Gmt+09:00)
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Insurance
US insurer Cigna to put Korean life insurance arm up for sale
The US life insurance group Cigna has recently decided to put its South Korean insurance unit on the market and hired Goldman Sachs as the sale manage...
Jul 24, 2020 (Gmt+09:00)
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South Korea's exports
[Economy] Korea exports drop by 16.6% hitting the lowest in 56 years
South Korea's exports have plunged 16.6% during the second quarter, hitting the lowest record in 56 years since the fourth quarter of 1963 when it fel...
Jul 23, 2020 (Gmt+09:00)
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Debt
Export-Import Bank of Korea ups Aussie bond sale size to $460 mn on demand
The Export-Import Bank of Korea (KEXIM) has nearly doubled the size of its planned new bond sale in Australia to A$700 million ($460 million) on stron...
May 20, 2020 (Gmt+09:00)
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Prudential Financial
Prudential seeks to sell Korean insurance arm in estimated $2 bn deal
Prudential Financial Inc. has put its South Korean life insurance arm on the market, as the US insurance giant is seeking to shed part of overseas ass...
Dec 03, 2019 (Gmt+09:00)
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Anbang’s Korean arm to commit $44 mn to US real estate debt fund: report
ABL Life Insurance Co. Ltd., a South Korean arm of China’s Anbang Insurnce Group, has decided to commit 50 billion won ($44 million) to Madison Realty...
Apr 17, 2019 (Gmt+09:00)
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Hanwha insurance arms net $75 mn from City of London property sale
Two insurance units of South Korea’s Hanwha Group have earned about £57.4 million ($75 million) in capital gains from its £159.2 million investment in...
Jun 28, 2018 (Gmt+09:00)
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