asia defense stock
Scope
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Shareholder value
Celltrion to retire $400 mn treasury stock in January
South Korea’s biosimilar maker Celltrion Inc. on Wednesday announced a plan to retire about a quarter of its treasury stock worth 563 billion ...
Dec 04, 2024 (Gmt+09:00)
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Business & Politics
Latvian President Rinkēvičs seeks closer ties with S.Korea in bio, defense
Latvian President Edgars Rinkēvičs, who is on a four-day working trip to South Korea, said on Friday he hopes for deeper cooperation between the two...
Nov 29, 2024 (Gmt+09:00)
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Pension funds
NPS enjoys 9.2% return as of Q3 on bullish US stocks
The National Pension Service (NPS), South Korea’s largest institutional investor, reported a preliminary 9.18% return from investments, equiva...
Nov 29, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean, Babcock to team up for submarine exports
South Korea's Hanwha Ocean Co. said on Friday it signed a strategic partnership with the UK-based global defense industry giant Babcock Internationa...
Nov 29, 2024 (Gmt+09:00)
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Venture capital
S.Korean startup accelerators to boost overseas biz
South Korean accelerators (ACs) are turning to Southeast Asia and the Middle East market to support startups and expand their reach.ACs, companies t...
Nov 29, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc’s role questioned in SM Entertainment stock manipulation case
When OneAsia Partners, a Seoul-based private equity fund operator, revised part of its PEF Havana I’s articles of association on Feb. 14, 2023...
Nov 28, 2024 (Gmt+09:00)
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Korean stock market
Korean pension funds buy a net $1.2 bn in Kospi stocks in November
South Korean pension funds continued their Kospi market buying spree for a fourth straight month in November, notching their largest net purchases o...
Nov 27, 2024 (Gmt+09:00)
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Private equity
La Defense might have a say over Hanmi Pharm's family feud
La Defense Partners is expected to exercise a casting vote over the ongoing management dispute at Hanmi Science Co. after the Seoul-based private eq...
Nov 26, 2024 (Gmt+09:00)
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Shareholder activism
Must Asset calls on Young Poong to take steps to boost shareholder value
South Korea’s Young Poong Corp., embroiled in a fierce management control dispute with Korea Zinc Inc., is now the target of an activist fund ...
Nov 25, 2024 (Gmt+09:00)
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Food & Beverage
Corstone Asia, Q Capital Partners to sell Norang Tongdak
South Korean private equity firms (PEF) Corstone Asia and Q Capital Partners plan to sell Norang Tongdak, the Korean-style fried chicken franchise.&...
Nov 22, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HMM introduces S.Korea's first LNG-powered vessels
South Korea's HMM Co. said on Friday that it will introduce two 7,700 TEU (1 TEU equals one 20-foot container) container ships powered by liquefied ...
Nov 22, 2024 (Gmt+09:00)
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Korean startups
Bering Lab eyes 7-fold jump in revenue in 5 years
Bering Lab Inc., a South Korea-based artificial intelligence technology-powered translation startup with specialties in legal, financial and intelle...
Nov 21, 2024 (Gmt+09:00)
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Logistics
Korean logistics companies expand overseas businesses
South Korea’s logistics companies such as local industry leader CJ Logistics Corp. are expanding their overseas operations to take advantage o...
Nov 19, 2024 (Gmt+09:00)
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Capital raising
S.Korean firms’ rights issues poised for 12-year low
The lackluster South Korean stock market and softening Korean currency have discouraged local companies from raising money at home and pushed some t...
Nov 17, 2024 (Gmt+09:00)
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Cloud computing
Salesforce outage disrupts businesses across Asia Pacific
Salesforce Inc., the world’s top customer relationship management (CRM) platform, is grappling with a major service outage affecting more than...
Nov 16, 2024 (Gmt+09:00)
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Cryptocurrencies
Korea’s crypto exchanges ride bitcoin rally on Trump optimism
South Korea’s crypto exchanges are enjoying a global boom in virtual currencies, including bitcoin, as US President-elect Donald Trump is expe...
Nov 14, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Securities Vietnam launches mobile trading system
South Korea's Shinhan Securities said on Thursday its overseas subsidiary Shinhan Securities Vietnam (SSV) launched a mobile trading system (MTS) "N...
Nov 14, 2024 (Gmt+09:00)
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Fashion
Korean indie fashion brands spread wings to Japan, China
Matin Kim, a rising designer brand in South Korea, will open its first offline store in Japan in the first half of next year, joining other Korean i...
Nov 13, 2024 (Gmt+09:00)
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Korean Investors
S.Korean investors' US stock holdings surpass $100 bn
The US stock holdings of South Korean individual investors surpassed $100 billion for the first time, driven by a sustained rally in the US markets ...
Nov 11, 2024 (Gmt+09:00)
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Korean stock market
S.Korean retail investors rush to buy Indian stocks on dips
South Korea's mom-and-pop investors have upped their stake in Indian stocks, hoping that Donald Trump's return to the White House will boost the Sou...
Nov 10, 2024 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1, UK’s Babcock sign MOU to develop global MRO market
LIG Nex1 Co., a leading defense systems developer in South Korea, announced on Wednesday that it had signed a comprehensive memorandum of understand...
Nov 06, 2024 (Gmt+09:00)
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Bio & Pharma
Volpara to supply breast cancer SW to US Defense Health Agency
Lunit, a South Korean cancer diagnostics AI company, said on Monday its US subsidiary Volpara Health secured a 10 billion won ($7.5 million) contr...
Nov 05, 2024 (Gmt+09:00)
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Mergers & Acquisitions
MBK’s Korea Zinc bid aimed at corporate governance, shareholder value
MBK Partners’ takeover bid for Korea Zinc Inc. aims to improve corporate governance and shareholder value at the world’s largest lead an...
Nov 05, 2024 (Gmt+09:00)
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Korean Investors
In South Korea, cash is king on US election, Samsung uncertainties
South Korean investors are hoarding cash as Samsung Electronics Co., the world’s top memory chipmaker, hurts local stocks and uncertainties ov...
Nov 04, 2024 (Gmt+09:00)
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Korean games
DevSisters, VNG Games sign Cookie Run Asia publishing deal
South Korean game developer DevSisters Corp. said on Friday that it signed a publishing agreement with Vietnamese game company VNG Games for "Cookie...
Nov 01, 2024 (Gmt+09:00)
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Corporate restructuring
SK Innovation-SK E&S merger creates Asia’s No. 1 energy supplier
SK Group on Friday launched the merged entity between SK Innovation Co. and liquefied natural gas supplier SK E&S Co., a key step in the energy-...
Nov 01, 2024 (Gmt+09:00)
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Markets
Indian stock market gears up for leap: NSE CEO
India’s stock market is gearing up for a leap thanks to an influx of retail investors seeking better returns and the lower barriers for small ...
Oct 29, 2024 (Gmt+09:00)
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Business & Politics
South Korea to deploy ‘Iron-Dome’ style defense system early
South Korea will deploy a new air defense system, similar to Israel’s Iron Dome, against North Korean artillery attacks earlier than previousl...
Oct 29, 2024 (Gmt+09:00)
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Korean startups
Naver D2SF accelerates investments in Silicon Valley startups
South Korea's online giant Naver Corp.'s startup nurturing organization D2SF (D2 Startup Factory) said on Friday it started to discover and invest i...
Oct 25, 2024 (Gmt+09:00)
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Banking & Finance
KB Financial to use excess capital for share buybacks, dividends
KB Financial Group Inc., South Korea’s largest financial holding group, is set to use its excess capital for share buybacks and dividends next...
Oct 25, 2024 (Gmt+09:00)
Latest News
- 1 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 2 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 3 Korea to allow non-profits to buy bad consumer loans
- 4 LG to drive future growth in emerging markets with battery prowess
- 5 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties