local financial products
Scope
Date
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Arts
Seoul, once-rising art hub, feels pinch of global strains
In Seoul’s Hannam district, the storefront that once housed Various Small Fires (VSF) now sits empty, a “For Rent” sign taped to i...
Jun 05, 2025 (Gmt+09:00)
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Shareholder activism
Proxy voting rises in South Korea, but few vetoes cast
An increasing number of asset management firms in South Korea are more frequently exercising their voting rights at portfolio companies. Nevertheles...
Jun 05, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Goodai Global poised to build L'Oréal-style empire via M&As
Goodai Global Inc. is seeking to acquire South Korea’s first-generation independent cosmetics brand Skinfood for about 150 billion won ($108 m...
Jun 01, 2025 (Gmt+09:00)
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Upcoming IPOs
Baby Shark video creator files for Kosdaq IPO
The Pinkfong Company Inc., the creator of the billion-view video Baby Shark, has launched the process of an initial public offering on South Korea&r...
May 30, 2025 (Gmt+09:00)
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Regulations
HYBE Bang under financial watchdog’s scrutiny for alleged unfair trading
Bang Si-hyuk, founder and chairman of HYBE Co., the South Korean entertainment giant behind K-pop global sensation BTS, could face investigation by ...
May 29, 2025 (Gmt+09:00)
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Mergers & Acquisitions
DB Group eyes Hanyang Securities amid KCGI deal uncertainty
DB Group, which owns DB Securities Co. and DB Insurance Co., is considering acquiring Hanyang Securities Co., as a deal by South Korean private equi...
May 28, 2025 (Gmt+09:00)
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Banking & Finance
Shinhan Financial’s Jin meets with Goldman Sachs Int'l CEO for strategies
Jin Ok-dong, chairman of South Korea’s leading financial conglomerate Shinhan Financial Group, has met with senior executives of US-based mult...
May 25, 2025 (Gmt+09:00)
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Banking & Finance
NPS gobbles up Korea’s top 4 financial holding stocks
South Korea’s largest institutional investor, the National Pension Service (NPS), remains a strong backer of the country’s top four fina...
May 23, 2025 (Gmt+09:00)
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Energy
Hanwha Q Cells eyes tandem cell mass production in 2027
Hanwha Q Cells Co., the solar panel manufacturing unit of South Korea's Hanwha Solutions Corp., is expected to commercialize tandem modules by 2027,...
May 22, 2025 (Gmt+09:00)
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Shareholder value
Korean financial firms launch global IR blitz to woo foreign capital
Chiefs of South Korea’s major financial groups – Shinhan, Woori and iM – are ramping up global investor outreach with new sharehol...
May 21, 2025 (Gmt+09:00)
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Investment banking
Bill Clinton in Seoul to meet with MBK's ByungJu Kim, business leaders
Michael ByungJu Kim, co-founder, partner and chairman of Seoul-based private equity firm MBK Partners Ltd., is set to meet with former US President ...
May 21, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Philly Shipyard to localize LNG builds, expand capacity
Hanwha Group will significantly increase production capacity at its US shipyard from 1.5 vessels to 10 per year as it aims to transform the facility...
May 19, 2025 (Gmt+09:00)
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Upcoming IPOs
UK chip testing device maker TeraView seeks Kosdaq debut
TeraView Ltd., a UK semiconductor inspection device maker, is aiming to list on South Korea’s Kosdaq market in the second half of this year, i...
May 16, 2025 (Gmt+09:00)
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Banking & Finance
Samsung flexes financial muscle as insurance, card units top rankings
Samsung Group’s financial affiliates are closing in on KB Financial Group for the top spot in South Korea’s financial services sector, u...
May 16, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea’s mid-tier shipbuilders sail into new supercycle as China struggles
BUSAN – On a sunny May morning in Busan’s Yeongdo shipyard, the clang of steel and the rhythmic pounding of welders was telling the new ...
May 13, 2025 (Gmt+09:00)
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IPOs
Lotte to retake $269 mn stake in logistics arm after flopped IPO
Lotte Group, South Korea’s fifth-largest conglomerate by assets, will buy back a stake in Lotte Global Logistics Co. from the latter’s f...
May 13, 2025 (Gmt+09:00)
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Beauty & Cosmetics
In China’s waterway city Hangzhou, K-beauty redefines ‘shuiguang'
HANGZHOU – The capital of China’s Zhejiang province, Hangzhou, is the southern terminus of the ancient Grand Canal waterway, which origi...
May 12, 2025 (Gmt+09:00)
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Beauty & Cosmetics
With Ulta deal, APR steps up US beauty push
Medicube, the beauty-tech brand under South Korea’s fast-growing beauty company APR Co., will sell its products through both online and offlin...
May 12, 2025 (Gmt+09:00)
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Asset management
Korea Investment & Securities deepens global ties with 2nd IR in New York
Korea Investment & Securities Co. (KIS), the brokerage unit of Korea Investment Holdings Co., said on Wednesday it hosted its flagship investor ...
May 07, 2025 (Gmt+09:00)
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Tech, Media & Telecom
Samsung steps up AR race with advanced microdisplay for smart glasses
Samsung Electronics Co. has launched a major push into next-generation microdisplays for augmented reality (AR) glasses as it aims to position itsel...
May 07, 2025 (Gmt+09:00)
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Asset management
Korea Investment & Securities to sell Goldman Sachs funds
Korea Investment & Securities Co. said on Tuesday it is set to sell funds operated by Goldman Sachs Asset Management LP in South Korea, offering...
May 06, 2025 (Gmt+09:00)
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Woori Financial wins approval for Tongyang, ABL Life acquisition
Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, has received conditional approval from the country&rsquo...
May 02, 2025 (Gmt+09:00)
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Mergers & Acquisitions
CJ CheilJedang scraps sale of Brazilian unit CJ Selecta to Bunge
CJ CheilJedang Corp., South Korea’s largest food company, has cancelled the sale of a 66% stake in Brazilian soybean crusher CJ Selecta S.A. a...
Apr 29, 2025 (Gmt+09:00)
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Earnings
Shinhan Financial’s overseas business blooms, on track for record earnings
Shinhan Financial Group Co., South Korea’s leading financial holding company, is poised to surpass 1 trillion won ($692 million) in annual net...
Apr 28, 2025 (Gmt+09:00)
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Business & Politics
Seoul mulls joint review of Alaska LNG project with Japan, Taiwan, Vietnam
South Korea has proposed forming a consortium with Japan, Taiwan and Vietnam to jointly assess the feasibility of investing in the $45 billion Alask...
Apr 27, 2025 (Gmt+09:00)
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Earnings
S.Korea’s top 4 financial holding firms cheer upbeat Q1 results
South Korea’s top four financial holding companies – Shinhan, KB, Hana and Woori – reported stellar earnings for the first quarter...
Apr 25, 2025 (Gmt+09:00)
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Earnings
Kia maintains double-digit margin in Q1 with record revenue
Kia Corp., South Korea’s second-largest automaker, extended its double-digit profit margin streak to a 10th consecutive quarter, posting recor...
Apr 25, 2025 (Gmt+09:00)
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Earnings
Hyundai Motor posts solid Q1; rough road ahead on Trump's auto tariffs
South Korea’s top automaker Hyundai Motor Co. defied mounting global trade headwinds and a fresh round of US import tariffs to deliver record ...
Apr 24, 2025 (Gmt+09:00)
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Earnings
KB Financial logs 61% profit growth, rebounding from ELS fiasco
KB Financial Group Inc. on Thursday reported a 61% jump in first-quarter profit, led by a nearly threefold rise in earnings at its flagship unit Koo...
Apr 24, 2025 (Gmt+09:00)
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Batteries
POSCO Future M to make spherical graphite as it cuts dependence on China
POSCO Future M Co., South Korea’s leading battery materials maker, is set to manufacture spherical graphite – a critical material for ba...
Apr 23, 2025 (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