issue
Scope
Date
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Rights offerings
S.Korean firms' rights issues swell 10-fold in June
An increasing number of South Korean companies are bumping up new share sales in search of cheaper funds. A total of 10 companies listed on the Kosp...
Jun 27, 2023 (Gmt+09:00)
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Corporate bonds
LG Energy’s 1st bond issue draws record $3.6 bn in bids
LG Energy Solution Ltd.'s first bond issue was 10 times oversubscribed on Thursday, drawing a record 4.7 trillion won ($3.6 billion) in bids for a S...
Jun 22, 2023 (Gmt+09:00)
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Artificial intelligence
Microsoft defies media report of issues in tie with OpenAI
REDMOND, WASHINGTON – A Microsoft Corp.’s key executive defied a media report that its partnership with OpenAI, the developer of the glo...
Jun 19, 2023 (Gmt+09:00)
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ESG bonds
Hyundai Card issues $193 mn Korean green bonds
South Korea's Hyundai Card announced on Friday that it has issued a green bond worth 250 billion won ($193 million), becoming the first company in t...
Jun 09, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korean space rocket Nuri launch postponed due to technical issues
The launch of South Korea's space rocket Nuri, scheduled for Wednesday afternoon, was postponed hours ahead of schedule."During the preparations for...
May 24, 2023 (Gmt+09:00)
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Korean games
Political crypto scandal hits Korean P2E game deregulation hopes
A South Korean lawmaker’s scandal over ownership of cryptocurrencies, including those issued by domestic game developers, is expected to jeopa...
May 15, 2023 (Gmt+09:00)
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Economy
Seoul eyes opening doors to domestic helpers from Southeast Asia
Seoul is slated to welcome domestic helpers from Southeast Asia later this year to ease the burden of childcare and address issues surrounding Korea...
May 08, 2023 (Gmt+09:00)
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Entertainment
BTS 10th anniversary stamps to be issued on June 13
South Korea's state-run postal service agency Korea Post announced on Sunday that it will issue commemorative stamps on June 13, featuring the past ...
May 08, 2023 (Gmt+09:00)
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Energy
KHNP closes in on final deal to build nuclear plant in Poland: PGE CEO
Korea Hydro and Nuclear Power Co. (KHNP) and its counterparts are now in a situation where most conditions have been met to allow them to sign a bin...
Apr 24, 2023 (Gmt+09:00)
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ESG bonds
POSCO Future M to issue $226 mn Korean green bonds
South Korea's battery component maker POSCO Future M Co. (formerly POSCO Chemical) announced on Friday that it will issue 300 billion won ($226 mill...
Apr 21, 2023 (Gmt+09:00)
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Capital raising
Hyundai Capital issues green bonds under eco-friendly biz guidelines
South Korea's Hyundai Capital on Tuesday said it issued green bonds worth 600 billion won ($462.3 million) following K-Taxonomy, a series of governm...
Mar 29, 2023 (Gmt+09:00)
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Banking & Finance
BC Card signs contracts for Indonesia's digital payment project
BC Card Co., a South Korean credit card company, said on Friday it has signed two contracts to provide digital payment services for Indonesia’...
Mar 10, 2023 (Gmt+09:00)
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Business & Politics
Yoon’s US visit to test Biden’s trust as ally over chip, battery issues
South Korean President Yoon Suk Yeol’s summit meeting with his US counterpart Joe Biden next month will celebrate 70 years of the Korea-US sec...
Mar 08, 2023 (Gmt+09:00)
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Fintech
Apple Pay's S.Korea debut as early as third week in March
Apple Pay, the mobile payment service by iPhone maker, is set to launch in as early as two weeks in South Korea, home to the world’s largest s...
Mar 06, 2023 (Gmt+09:00)
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Mergers & Acquisitions
HYBE wins 2nd battle against Kakao over SM Entertainment
A South Korean court on Friday ruled in favor of SM Entertainment Co. Founder and former Chief Producer Lee Soo-man to block the company from sellin...
Mar 03, 2023 (Gmt+09:00)
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ESG
Kakao Impact, KAIST team up for social change through technology
Kakao Impact, a corporate foundation of Kakao Corp., South Korea’s top mobile platform company, said on Tuesday it has agreed to work with the...
Feb 28, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Kakao vows to thwart HYBE scheme for SM control
Kakao Corp., South Korea’s dominant mobile platform, said on Monday it would mobilize all possible countermeasures against HYBE Co. ’s a...
Feb 27, 2023 (Gmt+09:00)
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Corporate bonds
SK Hynix set for largest-ever corporate bond issue at bargain prices
SK Hynix Inc., the world’s second-largest memory chipmaker, is gearing up for its largest-ever corporate bond issue in South Korea at lower-th...
Feb 08, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung earns ISO 22301 certification for business continuity
Samsung Electronics Co.'s device solutions division has achieved ISO 22301 certification, the international business continuity management system (B...
Jan 26, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Korea internet data center construction faces health issue
South Korea’s information technology industry hit a snag with building new internet data centers (IDCs) due to controversies over the potentia...
Jan 17, 2023 (Gmt+09:00)
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Regulations
FSS to inquire actual use of funds raised by issuing ESG bonds
From now on, companies in South Korea that have raised funds by issuing ESG (environmental, social, and governance) bonds will have to answer questi...
Jan 16, 2023 (Gmt+09:00)
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Debt financing
SK Hynix issues $1 bn sustainability-linked bonds
South Korea’s SK Hynix Inc. has raised $1 billion in sustainability-linked bonds (SLBs) to become the world's first memory chipmaker to issue ...
Jan 11, 2023 (Gmt+09:00)
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Corporate bonds
POSCO to issue up to $553 million in unsecured bonds
South Korea's top steelmaker POSCO Holdings Inc. is expected to issue won-denominated unsecured bonds worth up to 700 billion won ($553.9 million) t...
Jan 06, 2023 (Gmt+09:00)
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Banking & Finance
KEXIM bank issues $3.5 billion in foreign currency bonds
The Export-Import Bank of Korea on Thursday said it issued a record-high $3.5 billion in global bonds to investors worldwide.The government-run bank...
Jan 06, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's Medicox boosts unit for oral insulin, medical cannabis
South Korea's Medicox Co. on Wednesday said it will raise 40 billion won ($32 million) to boost its unit for oral insulin and cannabidiol (CBD).The ...
Dec 29, 2022 (Gmt+09:00)
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Asset management
US non-agency mortgage-backed securities to shine in 2023: TCW
Amid the tightening of the Federal Reserve, among the most impacted asset classes were agency mortgage-backed securities (MBS), issued by US governm...
Dec 22, 2022 (Gmt+09:00)
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Companies
SK Materials, Arencibia ink MOU on noble gas recycling
SK Materials Airplus Co. announced on Monday that it signed an MOU with US-based Arencibia to prepare to enter the noble gas recycling business.&n...
Dec 19, 2022 (Gmt+09:00)
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Webtoons
Naver Webtoon, digital comics case for global MBA study
Naver Webtoon Ltd., the world’s top digital comics provider, is set to be a textbook case study for global students as a prominent business sc...
Dec 13, 2022 (Gmt+09:00)
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Capital raising
SK On attracts $1 billion in investment
SK On, the electric battery affiliate of Korea's petroleum, alternative energy and oil exploration corporation SK Innovation, has secured 1.3 trilli...
Dec 01, 2022 (Gmt+09:00)
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Mergers & Acquisitions
KDB reaches out to Hyundai, POSCO, CJ, LX on HMM stake sale
State-run Korea Development Bank (KDB) has contacted major conglomerates including Hyundai Motor Group about the sale of its stake in HMM Co., the c...
Nov 22, 2022 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet