IMF official warns against S.Korea’s short-sale ban

A senior official of the International Monetary Fund (IMF) on Thursday warned against the extended ban on stock short selling in South Korea, saying...
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A senior official of the International Monetary Fund (IMF) on Thursday warned against the extended ban on stock short selling in South Korea, saying...
South Korea's state-run bank is considering selling HMM Co., the country's largest container line, to steelmaker POSCO as the shipping industry expe...
Kia Corp., South Korea’s second-largest automaker, on Wednesday posted a record quarterly operating profit on the back of strong sales of high...
South Korea’s leading mobile app operator Kakao Corp.’s affiliates are set to merge to become a new entity, Kakao Entertainment, heraldi...
LG Electronics Inc. has mandated South Korea’s largest law firm Kim & Chang as the legal advisor for its smartphone division sale, accor...
GM Korea Co., a subsidiary of US auto giant General Motors Co., is slashing production rates due to a component supply disruption, the latest sign t...
Online fashion platform Musinsa Co., a familiar name among Gen Zers and millennials in South Korea, is ready to go global. This month, the Korean co...
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 ...
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...
South Korea's largest steelmaker POSCO may see its operating profit climb to the 1 trillion won ($906 million) range as domestic steel companies e...
Financial investors in South Korea's No. 1 food delivery app Baedal Minjok (Baemin) are set to exit in the first quarter of this year, closing t...
The sale process for Doosan Infracore Co. is gaining traction after it won a legal dispute with financial investors over a case involving the top So...
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...
The National Pension Service has divided up its global public market division into Global Equity and Global Fixed Income divisions as part of a plan...
Hyundai Motor Co. and its sister firm Kia Motors Corp. are emerging as preferred sport-utility vehicle brands in India, as one in every two SUVs sol...
Japan’s JSR Corp. is reaching out to Korean chemical companies to dispose of its synthetic rubber business and focus instead on semiconductor ...
Korea Resources Corp. is planning to sell its 82.25% stake in a coal mine in Australia, as part of efforts to cut its debt totaling 6.7 trillion won...
E-commerce giant eBay Inc. has officially kicked off the sale process of eBay Korea Co., valued up to 5 trillion won ($4.6 billion), with its sa...
South Korea is emerging as a global hub for the contract manufacturing of biopharmaceuticals following its latest deal to procure COVID-19 vaccines ...
Thanks to winning the most orders this year, South Korea’s shipbuilding industry has solidified its lead in the global shipbuilding market for...
D.CAMP, South Korea's largest non-profit foundation for startups, is on the lookout for domestic tech startups with the potential to go big in glo...
A South Korean consortium led by construction firm Dongbu Corp. has been picked as the preferred negotiator to buy a controlling stake in cash-strap...
Bespin Global, a South Korean cloud technology consulting and management company, is considering listing its shares on the US tech-heavy Nasdaq mark...
A South Korean game company is hoping to shake up the global game landscape with its latest title, Eternal Return: Black Survival, a PC game that ...
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 ...
Global index providers' recent decisions to remove Chinese companies from their benchmarks are expected to draw additional global and institutional ...
KB Investment Co. will join forces with US-based RM Global Partners to launch a $100 million life science fund to invest in early stage startups in ...
South Korea’s Public Officials Benefit Association (POBA) will select a new global real estate investment trust (REIT) management firm to inve...
Imported car sales in South Korea are on track to post a record high this year, benefiting from consumption tax cuts aimed at stimulating personal s...
Samsung Electronics Co. is upping the ante to extend its leadership in the memory chip sector with a vow to invest heavily in the NAND business next...
IMF official warns against S.Korea’s short-sale ban
A senior official of the International Monetary Fund (IMF) on Thursday warned against the extended ban on stock short selling in South Korea, saying...
Jan 28, 2021 (Gmt+09:00)
KDB mulls sale of HMM to POSCO
South Korea's state-run bank is considering selling HMM Co., the country's largest container line, to steelmaker POSCO as the shipping industry expe...
Jan 27, 2021 (Gmt+09:00)
Kia delivers Q4 earnings surprise; operating profit hits all-time high
Kia Corp., South Korea’s second-largest automaker, on Wednesday posted a record quarterly operating profit on the back of strong sales of high...
Jan 27, 2021 (Gmt+09:00)
Affiliates merge to become Kakao Entertainment; aim global
South Korea’s leading mobile app operator Kakao Corp.’s affiliates are set to merge to become a new entity, Kakao Entertainment, heraldi...
Jan 25, 2021 (Gmt+09:00)
LG hires Kim & Chang as advisor for mobile division sale
LG Electronics Inc. has mandated South Korea’s largest law firm Kim & Chang as the legal advisor for its smartphone division sale, accor...
Jan 22, 2021 (Gmt+09:00)
GM Korea to curb production as global chip shortages worsen
GM Korea Co., a subsidiary of US auto giant General Motors Co., is slashing production rates due to a component supply disruption, the latest sign t...
Jan 22, 2021 (Gmt+09:00)
S.Korea's online fashion platform eyes global expansion
Online fashion platform Musinsa Co., a familiar name among Gen Zers and millennials in South Korea, is ready to go global. This month, the Korean co...
Jan 21, 2021 (Gmt+09:00)
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 ...
Jan 21, 2021 (Gmt+09:00)
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...
Jan 18, 2021 (Gmt+09:00)
POSCO may see Q1 operating profit reach $900 mn
South Korea's largest steelmaker POSCO may see its operating profit climb to the 1 trillion won ($906 million) range as domestic steel companies e...
Jan 17, 2021 (Gmt+09:00)
Yogiyo sale gains steam as Baemin investors set for Q1 exit
Financial investors in South Korea's No. 1 food delivery app Baedal Minjok (Baemin) are set to exit in the first quarter of this year, closing t...
Jan 14, 2021 (Gmt+09:00)
Top court rules in favor of Doosan Infracore; sale to Hyundai to proceed
The sale process for Doosan Infracore Co. is gaining traction after it won a legal dispute with financial investors over a case involving the top So...
Jan 14, 2021 (Gmt+09:00)
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...
Jan 14, 2021 (Gmt+09:00)
NPS divides global securities division into equity, fixed income
The National Pension Service has divided up its global public market division into Global Equity and Global Fixed Income divisions as part of a plan...
Jan 13, 2021 (Gmt+09:00)
Hyundai, Kia rev up SUV sales in India amid pandemic lockdown
Hyundai Motor Co. and its sister firm Kia Motors Corp. are emerging as preferred sport-utility vehicle brands in India, as one in every two SUVs sol...
Jan 11, 2021 (Gmt+09:00)
Japan’s JSR reaches out to Lotte, LG for sale of synthetic rubber business
Japan’s JSR Corp. is reaching out to Korean chemical companies to dispose of its synthetic rubber business and focus instead on semiconductor ...
Jan 06, 2021 (Gmt+09:00)
Korea Resources seeks sale of Australia coal mine to slash debt
Korea Resources Corp. is planning to sell its 82.25% stake in a coal mine in Australia, as part of efforts to cut its debt totaling 6.7 trillion won...
Jan 06, 2021 (Gmt+09:00)
E-commerce giant eBay kicks off $4.6 bn sale of eBay Korea
E-commerce giant eBay Inc. has officially kicked off the sale process of eBay Korea Co., valued up to 5 trillion won ($4.6 billion), with its sa...
Jan 05, 2021 (Gmt+09:00)
Moderna deal shows Korea’s prowess as global hub for biopharma CMO
South Korea is emerging as a global hub for the contract manufacturing of biopharmaceuticals following its latest deal to procure COVID-19 vaccines ...
Dec 30, 2020 (Gmt+09:00)
S.Korea maintains global lead in shipbuilding industry
Thanks to winning the most orders this year, South Korea’s shipbuilding industry has solidified its lead in the global shipbuilding market for...
Dec 27, 2020 (Gmt+09:00)
D.CAMP eyes tech startups for global expansion
D.CAMP, South Korea's largest non-profit foundation for startups, is on the lookout for domestic tech startups with the potential to go big in glo...
Dec 23, 2020 (Gmt+09:00)
Hanjin Heavy set for sale to Dongbu-led consortium
A South Korean consortium led by construction firm Dongbu Corp. has been picked as the preferred negotiator to buy a controlling stake in cash-strap...
Dec 22, 2020 (Gmt+09:00)
Korea’s cloud management firm Bespin Global considers Nasdaq listing
Bespin Global, a South Korean cloud technology consulting and management company, is considering listing its shares on the US tech-heavy Nasdaq mark...
Dec 17, 2020 (Gmt+09:00)
Neptune rises as dark horse in global game industry
A South Korean game company is hoping to shake up the global game landscape with its latest title, Eternal Return: Black Survival, a PC game that ...
Dec 17, 2020 (Gmt+09:00)
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 ...
Dec 15, 2020 (Gmt+09:00)
Seoul shares tipped to benefit from global indices' China exclusions
Global index providers' recent decisions to remove Chinese companies from their benchmarks are expected to draw additional global and institutional ...
Dec 13, 2020 (Gmt+09:00)
KB Investment, RM Global to form $100 mn bio VC fund
KB Investment Co. will join forces with US-based RM Global Partners to launch a $100 million life science fund to invest in early stage startups in ...
Dec 09, 2020 (Gmt+09:00)
POBA seeks new global REIT manager for $100 mn mandate
South Korea’s Public Officials Benefit Association (POBA) will select a new global real estate investment trust (REIT) management firm to inve...
Dec 07, 2020 (Gmt+09:00)
Tax cuts, pandemic lift imported car sales in Korea
Imported car sales in South Korea are on track to post a record high this year, benefiting from consumption tax cuts aimed at stimulating personal s...
Dec 03, 2020 (Gmt+09:00)
Global NAND market in game of chicken as Samsung ups ante
Samsung Electronics Co. is upping the ante to extend its leadership in the memory chip sector with a vow to invest heavily in the NAND business next...
Dec 01, 2020 (Gmt+09:00)