restricted stock unit
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Korean startups
Qraft's AI-powered ETFs wow Wall Street with winning stock picks
South Korea-based fintech startup Qraft Technologies Inc. captured the attention of Wall Street in May 2019, when it listed two artificial intellige...
Jul 13, 2021 (Gmt+09:00)
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IPOs
SM Line files for IPO review, aims for Kosdaq listing in second-half
South Korean merchant liner SM Line Corp. has filed for a preliminary review by the Korea Exchange of its plan to go public on the junior Kosdaq mar...
Jul 13, 2021 (Gmt+09:00)
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Markets
Delta coronavirus variant hits global stock markets
Global stock markets lost ground on mounting fears over the spread of the Delta coronavirus variant. Record-breaking US shares riding on the hopes...
Jul 09, 2021 (Gmt+09:00)
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Batteries
SK IE Technology throned as top battery materials stock on Korean bourse
SK IE Technology Co. (SKIET), a unit of SK Innovation Co., has climbed to the top ranking among battery materials makers in terms of market capitali...
Jul 09, 2021 (Gmt+09:00)
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Markets
Korea’s household investment in stock assets up by 62.8% vs. Q1 2020
South Korean households over the last 12 months have vastly increased investments in both domestic and overseas stock markets, with the total invest...
Jul 08, 2021 (Gmt+09:00)
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Corporate bonds
KOGAS, Hyundai Motor Turkish unit issue foreign currency bonds at narrower spreads
Korea Gas Corp. (KOGAS) and Hyundai Motor Co.’s Turkish unit sold foreign currency corporate bonds at narrower spreads than their initial targ...
Jul 07, 2021 (Gmt+09:00)
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Machinery
Hyundai Rotem wins $296.5 mn electric train deal from Tanzania
Hyundai Rotem won a $296.5 million electric train deal from Tanzania as the South Korean railway system maker aims to expand business in Africa.Hyun...
Jul 06, 2021 (Gmt+09:00)
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Markets
Defense stocks rally in response to China Xi's speech
South Korean manufacturers of jet fighters, aircraft engines and weapon systems saw their share prices soaring in heavy trade on Monday, powered by ...
Jul 05, 2021 (Gmt+09:00)
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Batteries
SK Innovation to split battery unit, eyes Nasdaq debut as it goes greener
South Korea’s SK Innovation Co. said on Thursday it is considering a spin-off of its battery business and listing the separated entity on the ...
Jul 01, 2021 (Gmt+09:00)
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Insurance
Taiwan’s Fubon Life raises stake in Korean unit via $405 mn rights offer
Fubon Life Insurance Co., a unit of Taiwan’s Fubon Financial Holding Co., has raised its stake in a Korean joint venture with Hyundai Motor Gr...
Jun 28, 2021 (Gmt+09:00)
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Artificial intelligence
NH Financial to buy $20 mn stake in Japan's solar farm
South Korea's NongHyup Financial Group, or NH Financial Group, has acquired a stake in a solar power plant in Japan from Korea Electric Power Corp. ...
Jun 28, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Delivery Hero's Korean unit sale hits dead end
Delivery Hero SE on Thursday postponed the deadline again for the final bidding of South Korea's Yogiyo, amid market doubts over the country's No. 2...
Jun 24, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Shinsegae now Korea’s No.2 e-commerce player with eBay Korea buyout
Shinsegae Group pushed through to be the sole winner in the prolonged race to acquire control of eBay Korea, making it a close runner-up in South Ko...
Jun 24, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Korea Shipbuilding & Offshore wins $1 bn order to build 10 vessels
Korea Shipbuilding & Offshore Engineering Co. (KSOE) has won a 1.1 trillion won ($1 billion) deal to build 10 vessels, bringing its total ship c...
Jun 21, 2021 (Gmt+09:00)
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Korean stock market
Once resistant, Korean retail investors lend more stocks for short selling
South Korean retail investors, who had largely opposed the regulator’s lifting of the short-selling ban on large-cap stocks from May, are now ...
Jun 21, 2021 (Gmt+09:00)
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Fiber & Textile
Kolon Industries to lead Kolon Group's remarkable comeback in 2021
Kolon Group is making a remarkable comeback this year to challenge its longtime rival Hyosung Group in future-growth segments including hydrogen. Ac...
Jun 18, 2021 (Gmt+09:00)
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Corporate restructuring
Korean firms split into new units for fair valuation amid uncertainty
The blurring of industry boundaries and increasing new opportunities in the pandemic era are driving major Korean companies to split businesses into...
Jun 13, 2021 (Gmt+09:00)
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Organizational restructuring
SKT to spin off; 5-for-1 stock split in November
South Korea’s largest mobile carrier SK Telecom Co. is moving forward with its spin-off plan announced in April. SK Telecom held a board meeti...
Jun 10, 2021 (Gmt+09:00)
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Travel & Leisure
Korea's travel agency stocks overvalued, analysts say
The stock prices of South Korea’s two leading travel agencies, HanaTour Service Inc. and Modetour Network Inc., have skyrocketed in 2021 with ...
Jun 03, 2021 (Gmt+09:00)
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Korean stock market
LG Chem stock plunges -6.73%, worst dip since March
LG Chem Ltd. suffered a broad sell-off on May 26, with more than 4 trillion won ($3.6 billion) of its market cap vanishing in a single trading day, ...
May 26, 2021 (Gmt+09:00)
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Capital raising
Hanwha Systems to launch $1.1 bn rights issue in June
Hanwha Systems Co., which leads the satellite communication and urban air mobility (UAM) businesses of South Korea's Hanwha Group, is set to launch ...
May 25, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Korea Shipbuilding & Offshore wins $308 million order to build 6 vessels
Korea Shipbuilding & Offshore Engineering Co. (KSOE) has won a 348 billion won ($308 million) deal to build six vessels, bringing its total sh...
May 24, 2021 (Gmt+09:00)
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Tech, Media & Telecom
KT stock value likely to double by 2022, analysts say
South Korea’s telecom and content giant KT Corp. is receiving renewed interest this year among stock market investors and financial analysts, ...
May 21, 2021 (Gmt+09:00)
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Webtoons
Kakao Japan secures over $500 mn from Anchor Equity; valuation tops $7 bn
Kakao Corp.’s Japanese unit is set to secure 600 billion won ($530 million) from South Korea-based private equity firm Anchor Equity Partners....
May 20, 2021 (Gmt+09:00)
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Earnings
Hyosung units post record Q1 earnings, justifying high valuation
The major subsidiaries of South Korea’s textile and chemicals conglomerate Hyosung Group have delivered positive earnings surprises for the fi...
May 03, 2021 (Gmt+09:00)
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Samsung Group
Jay Y. Lee tightens grip on Samsung with increased stake in key affiliate
Jay Y. Lee, the heir of Samsung Group, has bolstered his grip on South Korea’s largest conglomerate by inheriting half his late father’s...
Apr 30, 2021 (Gmt+09:00)
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Korean stock market
It’s time to buy casino stocks, analysts say
The South Korean government’s plan to vaccinate 36 million people, or about 70% of its population, by the third quarter of 2021 is heating up ...
Apr 28, 2021 (Gmt+09:00)
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Corporate bonds
Hyundai Motor's Indonesia unit issues $300 mn bond
PT Hyundai Motor Manufacturing Indonesia (HMMI) has raised $300 million in a five-year bond sale to fund the construction of its first production li...
Apr 28, 2021 (Gmt+09:00)
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Corporate restructuring
SK Telecom to split into mobile and non-mobile units
South Korea’s largest mobile carrier SK Telecom Co. will split into two separate entities. SK Telecom said on Apr. 14 that it will create a ne...
Apr 14, 2021 (Gmt+09:00)
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Entertainment
HYBE’s music unit split-off plan ignites shareholder concern
HYBE Co., the label behind BTS, will attempt to split off its music business as a separate entity at its general shareholder meeting on May 14. Acco...
Apr 13, 2021 (Gmt+09:00)
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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