ETFs entice Korean investors amid volatile market

ETFs entice Korean investors amid volatile market

South Korean retail investors bought more exchange-traded funds (ETFs) than stocks on the country’s main Kospi in the last six months as the b...

SK Geo Centric invests $55 mn in US plastic waste recycling firm

SK Geo Centric invests $55 mn in US plastic waste recycling firm

South Korea’s SK Geo Centric Co. invested $55 million in US plastic waste recycling company PureCycle Technologies Inc. in a move to transform...

US Novelis to build $53 mn aluminum recycle center in Korea

US Novelis to build $53 mn aluminum recycle center in Korea

Novelis Inc., the world’s top aluminum recycler, is set to invest $53 million in another recycling and casting center in South Korea to meet t...

SK Ecoplant buys e-waste recycling firm for $1 bn

SK Ecoplant buys e-waste recycling firm for $1 bn

South Korea's SK Ecoplant Co. has acquired Singapore-based electronic waste (e-waste) disposal and recycling company TES Envirocorp Pte. Ltd for $1 ...

LG Group improves dividend policy transparency

LG Group improves dividend policy transparency

A growing number of LG Group units have unveiled their dividend policies for the next three years for the first time in their history, as they are d...

Korean Dongkuk Steel profits surge as Brazil CSP turns profitable

Korean Dongkuk Steel profits surge as Brazil CSP turns profitable

Dongkuk Steel Mill Co., the world’s leading manufacturer of color-coated steel, reported the largest operating profit in 13 years on strong de...

TIGER KEDI30 sells out initial net assets on first trading day

TIGER KEDI30 sells out initial net assets on first trading day

Korean individual investors injected 9.5 billion won ($7.9 million) in TIGER KEDI Innovator ESG30 ETF on Feb 8, an exchange-traded fund (ETF) trac...

S.Korea urged to embrace nuclear power to go carbon free

S.Korea urged to embrace nuclear power to go carbon free

The topic of RE100, a multinational campaign to make a full switch to renewable energy by 2050, was brought up last week during a debate among four ...

Kospi in lethargic trade ahead of LG Energy debut

Kospi in lethargic trade ahead of LG Energy debut

South Korea's benchmark stock index Kospi declined to its lowest closing level in one and a half months on Monday, moving in the opposite direction ...

Mirae Asset’s global ETFs top 100 trillion won mark

Mirae Asset’s global ETFs top 100 trillion won mark

Mirae Asset Global Investments Co.’s global equity-traded funds (ETFs) topped the 100 trillion won mark, for the first time in the South Korea...

Kakao co-CEO nominee resigns after stock option exercise

Kakao co-CEO nominee resigns after stock option exercise

Alex Young-joon Ryu, a nominee for new co-CEO of South Korea's top mobile messenger app Kakao Corp., on Monday offered to step down, after his dispo...

Pension funds sell net $21 bn worth of shares in 2021

Pension funds sell net $21 bn worth of shares in 2021

South Korea’s pension funds sold a net 24.5 trillion won ($20.6 billion) worth of Kospi and Kosdaq stocks this year, the largest annual ne...

Foreigners sell net $22 bn main Kospi shares in 2021

Foreigners sell net $22 bn main Kospi shares in 2021

Foreigners sold a net 25.9 trillion won ($21.8 billion) worth of South Korean stocks on the main Kospi from Jan. 1 to Dec. 23 of this year, marking ...

KEPCO to develop subsea transmission for ADNOC

KEPCO to develop subsea transmission for ADNOC

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) awarded a $3.6 billion contract to a consortium led by Kore...

Dunamu boasts accumulated Q3 net profit of $1.7 bn, vows to go global

Dunamu boasts accumulated Q3 net profit of $1.7 bn, vows to go global

Dunamu Inc., the operator of Korea’s largest cryptocurrency exchange Upbit, has announced that its accumulated third-quarter net profit came i...

South Korea moves to join CPTPP free trade pact as China fears ease

South Korea moves to join CPTPP free trade pact as China fears ease

South Korea has officially declared its plan to join a mega Trans-Pacific free trade deal, called the CPTPP, following China’s application to ...

Hyundai Oilbank to make building, paper materials with carbon

Hyundai Oilbank to make building, paper materials with carbon

South Korean refiner Hyundai Oilbank Co. is set to produce eco-friendly materials for construction and paper with by-products of refining as it seek...

Mirae Asset Global Investments posts record-high Q1-Q3 net profit

Mirae Asset Global Investments posts record-high Q1-Q3 net profit

Mirae Asset Global Investments Co. announced on Nov. 15 that its operating profit and net profit for the first three quarters came in at 312.4 bil...

Korea’s Simone to spend up to 40% of net profit for dividends

Korea’s Simone to spend up to 40% of net profit for dividends

South Korean Simone Acc. Collection Ltd., the world’s No. 1 handbag maker, plans to spend 30-40% of net profit for dividends after a listing n...

POSCO breaks ground on $101 million battery recycling plant

POSCO breaks ground on $101 million battery recycling plant

South Korea’s top steelmaker POSCO on Thursday broke ground on its 120 billion won ($101 million) plant to extract nickel, lithium and cobalt,...

Hyundai Steel, Samsung develop tech to recycle chip waste for steelmaking

Hyundai Steel, Samsung develop tech to recycle chip waste for steelmaking

Hyundai Steel Co. and Samsung Electronics Co. said on Monday they have developed technology that can recycle the chipmaker’s wastewater sludge...

Recycled plastic in growing demand as Korean firms pursue ESG business

Recycled plastic in growing demand as Korean firms pursue ESG business

Plastic recyclers have known for years that there is money to be made in plastic waste. And the stakes are high these days as the prices of recycled...

GS E&C to build EV battery recycling plant near POSCO

GS E&C to build EV battery recycling plant near POSCO

GS Engineering & Construction Co. (GS E&C) has launched the construction of its first lithium-ion battery recycling plant in a South Korean ...

Korea Post nets nearly $1 bn from KakaoBank block sale

Korea Post nets nearly $1 bn from KakaoBank block sale

Korea Post has netted slightly over 1 trillion won ($861 million) from the block sale of its shares in South Korea's largest internet-only lender Ka...

US, Korea approve nuclear fuel recycle technology

US, Korea approve nuclear fuel recycle technology

Authoritie of the United States and South Korea officially endorsed the results of a joint research on Pyro-SFR, a cutting-edge technology that re...

SK Global Chemical rebrands as plastic recycler SK Geocentric

SK Global Chemical rebrands as plastic recycler SK Geocentric

SK Innovation Co.’s petrochemical unit SK Global Chemical Co. has undergone a corporate name change to SK Geocentric Co., in a move to reident...

Hankook Tire, YASE unveil shoes made of recycled tires

Hankook Tire, YASE unveil shoes made of recycled tires

Hankook Tire & Technology Co., South Korea’s largest tire maker, said on Tuesday it is collaborating with local leather shoe brand YASE to...

Korean conglomerates' ESG investment nears $100 bn

Korean conglomerates' ESG investment nears $100 bn

South Korea's top 10 conglomerates are rushing to foster eco-friendly businesses models with their investments into environment, social and governan...

Battery recycling: Carmakers, battery companies in new turf war

Battery recycling: Carmakers, battery companies in new turf war

With electric vehicles increasingly going mainstream, the world’s major carmakers and battery companies face another type of turf war: battery...

POBA commits $150 mn to Brookfield secondaries fund

POBA commits $150 mn to Brookfield secondaries fund

South Korea's Public Officials Benefit Association (POBA) has ventured into the real estate secondaries market, committing $150 million to Brookfiel...

S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge