Enchem raises IPO price by a record 20% on strong investor demand

Enchem raises IPO price by a record 20% on strong investor demand

South Korea’s Enchem Co., which is working to list its shares on the Kosdaq market, has decided to raise its initial public offering price by ...

Korean shipbuilders turn focus to high-value vessels

Korean shipbuilders turn focus to high-value vessels

South Korean shipbuilders, brimming with heavy order backlogs, are turning their focus to high-value and eco-friendly vessels for new orders as the ...

POSCO emerges from pandemic blues with record third-quarter profit

POSCO emerges from pandemic blues with record third-quarter profit

South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-time high quarterly ...

Samsung makes industry’s smallest 14 nm DDR5 chip with EUV technology

Samsung makes industry’s smallest 14 nm DDR5 chip with EUV technology

Samsung Electronics Co., the world’s largest memory chipmaker, said on Tuesday it has begun mass production of the industry’s smallest 1...

Hanwha to raise $503 mn to expand China PVC production

Hanwha to raise $503 mn to expand China PVC production

South Korea’s Hanwha Solutions Corp. is set to raise $503 million to expand its polyvinyl chloride (PVC) business in China, the world&rsq...

SK may develop LFP batteries for low-priced EVs

SK may develop LFP batteries for low-priced EVs

SK On, the recently-launched battery company of South Korea's SK Group, is considering manufacturing lithium iron phosphate (LFP) batteries to suppl...

Food triggers next phase of global K-culture craze

Food triggers next phase of global K-culture craze

The ongoing global fever over South Korean music and entertainment content is driving the rapid growth of the country’s packaged food manufact...

SK Inc, STIC invest $55 million in US alternative dairy maker Perfect Day

SK Inc, STIC invest $55 million in US alternative dairy maker Perfect Day

SK Inc., the investment arm of South Korean conglomerate SK Group, and private equity firm STIC Investment Inc., have invested a combined 65 billion...

Small-size PCB makers in expansion mode to meet demand

Small-size PCB makers in expansion mode to meet demand

The growing demand for larger-size printed circuit boards (PCBs), used to connect chips to the circuit boards of electronic devices, has been pushin...

Time to invest in luxury hotels in Korea: JLL executive

Time to invest in luxury hotels in Korea: JLL executive

The COVID-19 pandemic has been particularly hard on the hotel industry, exposing it as one of the most vulnerable to the crisis amid the global lock...

Recycled plastic in growing demand as Korean firms pursue ESG business

Recycled plastic in growing demand as Korean firms pursue ESG business

Plastic recyclers have known for years that there is money to be made in plastic waste. And the stakes are high these days as the prices of recycled...

S.Korean battery materials makers see stock prices surge

S.Korean battery materials makers see stock prices surge

Shares of South Korean eco-friendly battery materials manufacturers have been soaring in September, with high expectations on big revenue jumps th...

US pressures Samsung, chipmakers to disclose key internal data

US pressures Samsung, chipmakers to disclose key internal data

The American government is forcing global semiconductor manufacturers to submit internal information on their chip inventory as well as the number o...

Carbon neutrality reshapes global commodity markets

Carbon neutrality reshapes global commodity markets

Global moves for carbon neutrality are reshaping commodity markets around the world. Iron ore prices have tumbled, while steel scrap prices have soa...

Shares of Hyosung, Kolon Industries fly high propelled by hydrogen

Shares of Hyosung, Kolon Industries fly high propelled by hydrogen

Shares of hydrogen-related stocks such as Hyosung Advanced Materials Corp. and Kolon Industries Inc. are flying high on expectations of significant ...

Cookie Run developer enjoys 1126% year-to-date growth in stock price

Cookie Run developer enjoys 1126% year-to-date growth in stock price

Devsisters Corporation, the developer of the globally popular mobile game Cookie Run, has become a “ten bagger” stock with its price ris...

Korean shipbuilders await improved earnings as LNG carrier price hit all-time high

Korean shipbuilders await improved earnings as LNG carrier price hit all-time high

South Korean shipbuilders, which have secured almost 97% of the orders placed for liquefied natural gas (LNG) carriers this year, expect to see thei...

SoftBank sells part of Coupang shares for $1.7 bn

SoftBank sells part of Coupang shares for $1.7 bn

Vision Fund, led by SoftBank Group founder Masayoshi Son, has sold one-tenth of its shares in South Korea's e-commerce platform Coupang Inc. for $1....

KGC creates Ginseng Museum Cafe in New York

KGC creates Ginseng Museum Cafe in New York

Korea Ginseng Corporation (KGC), a wholly-owned subsidiary of KT&G Corporation, has set up its first interactive cafe in the global market where...

High-priced drugs add to pressure for Korea's healthcare reform

High-priced drugs add to pressure for Korea's healthcare reform

A number of new rare disease treatments, approved in South Korea over the past year, are still unaffordable for the public because of their price ta...

Processed rice goods emerge as dark horse in agri-food exports

Processed rice goods emerge as dark horse in agri-food exports

Despite the global pandemic, exports of processed rice goods hit an all-time high at $137.6 million in 2020, up by 26.9% compared to the previous ...

Coal price surge puts S.Korean petrochemical firms ahead of Chinese rivals

Coal price surge puts S.Korean petrochemical firms ahead of Chinese rivals

Rising coal prices in China will likely benefit South Korean petrochemical companies such as Lotte Fine Chemical and Hanwha Solutions, by strengthen...

Seoul Q2 office prices rise at fastest rate in 10 yrs

Seoul Q2 office prices rise at fastest rate in 10 yrs

Seoul office building prices rose at their strongest rate in 10 years in the second quarter of this year, driven by domestic investors as the Seoul ...

App Developers’ Payments Dilemma: Easier With or Without Apple and Google?

App Developers’ Payments Dilemma: Easier With or Without Apple and Google?

SEOUL—South Korea’s app developers can soon sidestep the digital tollway mandated by Apple Inc. and Alphabet Inc.’s Goog...

Coupang’s business model put to test as shares fall below IPO price

Coupang’s business model put to test as shares fall below IPO price

Coupang Inc., widely seen as the South Korean version of global e-commerce giant Amazon.com, has closely followed the US company’s business mo...

SK holds off indefinitely on petrochem unit stake sale

SK holds off indefinitely on petrochem unit stake sale

South Korea's SK Innovation Co. has put on hold indefinitely its plan to sell up to a 49% stake in SK Geocentric Co., formerly known as SK Global Ch...

Activist fund urges SK Chemicals to sell part of SK Bioscience stake

Activist fund urges SK Chemicals to sell part of SK Bioscience stake

A Singaporean activist fund has urged South Korea’s SK Chemicals to sell some of its shares in SK Bioscience Co., saying its corporate value h...

Hyundai Heavy becomes third-most subscribed Korean IPO

Hyundai Heavy becomes third-most subscribed Korean IPO

Hyundai Heavy Industries Co. became the third-most subscribed stock in South Korea after its initial public offering drew 1,130 trillion won ($968 b...

Steel stocks rally on iron ore price falls, Q3 outlook

Steel stocks rally on iron ore price falls, Q3 outlook

Shares in South Korean steelmakers rose sharply in active trade on Tuesday, on the prospect that the declining iron ore price and Chinese rivals' ou...

GIC, PEFs face further delays to Kyobo exit after ruling

GIC, PEFs face further delays to Kyobo exit after ruling

Singapore’s GIC, Canada's Ontario Teacher's Pension Plan (OTPP) and private equity firms, including Affinity Equity Partners, may need to endu...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation