US burger chain Five Guys to launch in South Korea on June 26
The American burger chain Five Guys, which has attracted keen interest in South Korea for its service and prices even before its entry into the coun...
Korea’s SK Square sells off entire stake in Grab as shares tumble
SK Square Co., the intermediate holding company of South Korea’s SK Group, has liquidated Grab Geo Holdings, a joint venture with Grab Holding...
Korean cosmetics maker Able C&C rejuvenated by sales in Japan, US
Able C&C, the parent of South Korea’s first-generation low-priced cosmetics brand Missha, has swung to the black after years of net losses...
S.Korea urges ramen makers to cut prices to ease inflation
South Korean instant noodle makers are considering price cuts for the first time in 13 years pressured by the government, which aims to further ease...
Market views turn bullish on Samsung as AI-led chip demand rises
Views on leading memory chipmaker Samsung Electronics Co. are becoming more bullish as the South Korean tech giant is expected to benefit from a ris...
Chip prices likely to rise in H2: KB Securities
KB Securities predicted on Thursday that semiconductor prices are likely to rise in the second half of the year due to the decrease in production ca...
Investment in battery raw materials raises sodium hydroxide prices
The price of sodium hydroxide or caustic soda, an essential component in the smelting of raw materials for producing batteries, is rising because So...
S.Korean convenience store chain CU releases Snoop Dogg sparkling wine
South Korean convenience store chain CU announced on Monday that it exclusively released “Snoop Dogg Cali Gold sparkling wine”, which is...
Mirae Asset’s US real estate fund faces heavy losses
A private fund for US real estate managed by South Korea’s Mirae Asset Global Investments Co. has seen huge losses amid the tumble of the offi...
S.Korea's Osteonic starts sports medicine exports to Japan
South Korea's surgical and medical instruments maker Osteonic Co. on Thursday announced the start of exports of its Kinex sports medicine products t...
Korea's E-Mart shares tumble despite push for profitability
South Korea’s largest hypermarket chain E-Mart Inc., a unit of a local retail giant Shinsegae Group, suffered a drop in its share prices to a ...
Samsung to launch Galaxy A24 in S.Korea to target low-end market
Samsung Electronics Co. announced on Thursday that it will release the Galaxy A24, a budget phone model in the domestic market on Friday to targetin...
Korea to require pre-disclosure of major shareholder stake sales
South Korea is set to require pre-disclosures of major shareholders’ listed company stake sales in an aim to prevent tumbles in stock prices.A...
YG’s new girl group lifts stock price to decade high
YG Entertainment Inc., the K-pop label behind global sensation Blackpink, saw its stock hitting the highest point in more than 10 years as a new gro...
NPS' alternative assets underperform benchmark amid high inflation
National Pension Service (NPS) in South Korea, the world’s third-largest pension fund, saw its returns on alternative investments last year un...
S.Korea's brokerages lower stock target prices for Shinsegae Int'l
South Korea's securities companies on Thursday lowered their target stock prices for retailer Shinsegae International given its sluggish first-quart...
Korean shipyards to benefit from record LNG carrier prices
South Korean shipbuilders are expected to benefit from record liquefied natural gas (LNG) carrier prices while bagging more orders for new vessels d...
S-Oil’s price target falls on worsening refining margin
Yuanta Securities Korea lowered its target price for S-Oil Corp. to 100,000 won ($75) from 110,000 won on Tuesday, saying the oil refining industry ...
LG Elec to strengthen its direct-to-consumer sales strategy
South Korea's LG Electronics Inc. is strengthening its direct-to-consumer (D2C) strategy and expanding its lineup of low- to mid-priced products to ...
Korea’s shaved ice dessert bingsu price up 30% on-year on inflation
Inflation has hit almost every corner of the real economy in South Korea, and the country’s popular summer dessert bingsu is no exception, wit...
S.Korea’s EcoPro BM seeks to raise $385 mn through convertible bond sale
South Korea’s leading battery materials maker EcoPro BM Co. sought to raise up to 500 billion won ($385 million) through a convertible bond fo...
DRAM prices rebound on Samsung output cut; earlier recovery eyed
Memory chip prices are staging a rebound for the first time in more than a year following Samsung Electronics Co.'s near-term production cut, b...
Samsung’s chip output cut: Boon for industry, price rebound
Samsung Electronics Co., the world’s largest memory chipmaker, said on Friday it is curtailing chip production after its semiconductor busines...
Management dispute over S.Korea’s CTC Bio heats up
A management dispute over a South Korean pharmaceutical maker CTC Bio Inc. specializing in animal drugs is intensifying as another medical company h...
Rolex resale prices tumble as the wealthy young tighten belts
The most sought-after luxury items such as Rolex watches and Chanel bags are selling at a much lower premium, or even below their original prices in...
SK Innovation may give shareholders SK On shares at IPO
SK Innovation Co. is set to consider providing stocks of its electric vehicle battery subsidiary to its shareholders when SK On Co., the world&rsquo...
S.Korea to benefit from rising global defense spending
South Korea is expected to log another year of record defense exports in 2023 thanks to growing military budgets across the world as local major arm...
S.Korean fashion platform Ably attracts $39 mn before Series C round
South Korea’s Ably Corp., operator of the fashion shopping app Ably, has attracted 50 billion won ($39 million) via venture debt amid the slow...
Korea’s Micro Digital to supply bioreactors to major US firm
Micro Digital Co., South Korea’s only bioreactor maker, is set to ink a supply deal with a major US biopharmaceutical producer to expand its g...
Global macro investing to revive for more volatile age: M&G
The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount they inv...
