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
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 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
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
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
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....
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...
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 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?
SEOUL—South Korea’s app developers can soon sidestep the digital tollway mandated by Apple Inc. and Alphabet Inc.’s Goog...
EcoPro BM’s magic to hit $9 bn jackpot after 10-year dark ages
South Korea’s battery materials maker EcoPro BM Co. won a near $9 billion order from SK Innovation Co., an unusually large contract for a medi...
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
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
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 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
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
Singapore’s GIC, Canada's Ontario Teacher's Pension Plan (OTPP) and private equity firms, including Affinity Equity Partners, may need to endu...
LG Innotek, Samsung Electro-Mechanics benefit from wafer shortage
South Korea’s semiconductor substrate producers including LG Innotek and Samsung Electro-Mechanics are benefiting as a global wafer shortage...
Samsung, LG see largest surge in TV prices in decade
Lee Ji-eun, a 30-year-old bride-to-be, was surprised at the prices of liquid-crystal display (LCD) TVs when she visited a home appliance store in ...
Kakao Pay cuts IPO price by 6% for October listing
Kakao Pay Corp., the digital settlement platform unit of South Korea’s top messaging app operator Kakao Corp., has slashed its initial publi...
Global automakers' new battle field: small EVs
Global automakers stop producing smaller cars among internal combustion engine models. The industry is facing difficulties to make profits from thos...
Will Samsung follow TSMC's price hikes?
Samsung Electronics Co., the world’s largest memory chip maker, is expected to raise foundry prices in the near term as surging demand is outp...
Volatile raw material prices put Korea on alert for procurement
Volatile price changes in iron ore and non-ferrous metals such as lithium and nickel are keeping South Korean companies on their toes for procuremen...
Rolex emerges as latest target of S.Korea’s luxury brand fever
Rolex watches are now the latest object of South Korea’s unwavering love for luxury goods. The high demand and limited supply of Rolex watches...
Korean shipbuilders find relief in falling iron ore prices, rise in new orders
South Korea’s major shipbuilders expect to post improved earnings in coming quarters as falling iron ore prices put them in a stronger positio...
Rising copper prices help Poongsan, hit LS-Nikko
Rising copper prices on a global economic recovery helped a South Korean non-ferrous metal product maker Poongsan Corporation improve its earnings, ...
SM Lab develops cathode with 98% nickel, industry’s highest density
SM Lab, a South Korean battery material startup, has developed a cathode with 98% nickel content, the highest density ever for rechargeable batterie...
Tumbling won adds to Bank of Korea rate hike views
The South Korean won skidded to an eleven month-low as foreign investors extended a selling spree in the local stock markets, adding to expectations...
KOGAS cuts import costs on Qatari LNG with COVID-19 kits
Korea Gas Corp. (KOGAS) cut imports costs on liquefied natural gas (LNG) from Qatar for 20 years thanks to COVID-19 test kits.KOGAS signed on July 1...
Shinsegae’s omnichannel strategy drives up share prices of key affiliates
South Korean retail conglomerate Shinsegae Group’s key affiliates are enjoying upward revaluation of share prices. Not only the market is faci...
