right of first refusal
Scope
Date
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Chemical Industry
HD Hyundai Oilbank supplies bio VLSFO to Yangming
HD Hyundai Oilbank Co., a South Korean crude oil refiner backed by Saudi Aramco, said on Thursday it started to supply Taiwan-based Yang Ming Marine...
Dec 12, 2024 (Gmt+09:00)
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Korean games
Nexon to release The First Berserker: Khazan in China
South Korea’s online game developer Nexon Korea Corp. said on Monday it signed a deal with China's Tencent Games to publish its new action rol...
Dec 09, 2024 (Gmt+09:00)
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Aerospace & Defense
Boryung invests $10 million in Intuitive Machines
South Korea's Boryung Corp. said on Friday it bought $10.0 million in shares of US-based lunar lander company Intuitive Machines to expand its space...
Dec 06, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Rebellions · Sapeon Korea merger, the first domestic AI chip unicorn
Rebellions Inc., a South Korean artificial intelligence chip design startup, officially merged with Sapeon Korea to form the first domestic AI chi...
Dec 02, 2024 (Gmt+09:00)
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E-commerce
China’s Alibaba acquires 5% of Ably in 1st equity investment in Korean firm
Chinese online shopping giant Alibaba Group Holding Ltd. has invested 100 billion won ($71.4 million) in South Korea’s top women’s cloth...
Dec 02, 2024 (Gmt+09:00)
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Economy
Korea’s export growth at 14-month low, adds to BOK rate cut views
South Korea’s export growth fell to a 14-month low in November with shipments to the world’s two biggest markets the US and China down, ...
Dec 01, 2024 (Gmt+09:00)
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Leadership & Management
Hyundai’s José Muñoz sees new Trump policy, China's rise as opportunity
LOS ANGELES – José Muñoz, freshly tapped as the next chief executive of Hyundai Motor Co., says the current market uncertainty s...
Nov 25, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HMM introduces S.Korea's first LNG-powered vessels
South Korea's HMM Co. said on Friday that it will introduce two 7,700 TEU (1 TEU equals one 20-foot container) container ships powered by liquefied ...
Nov 22, 2024 (Gmt+09:00)
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Leadership & Management
LG Group carries out modest management reshuffle
Cho Joo-wan will continue to lead LG Electronics Inc. as chief executive after its parent LG Group on Thursday carried out modest reshuffles in its ...
Nov 21, 2024 (Gmt+09:00)
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Korean food
CJ CheilJedang to invest $584 mn to build food factories in Europe, US
CJ CheilJedang Corp., South Korea’s largest food company, will spend a total of $584 million to build new food-manufacturing factories in Euro...
Nov 21, 2024 (Gmt+09:00)
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Entertainment
TVing beefs up sports content, narrowing gap with Netflix
TVing, a South Korean over-the-top (OTT) platform, is beefing up its live sports programming and TV series featuring baseball players to catch up to...
Nov 20, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Hanwha Life acquires US securities firm Velocity
South Korea's Hanwha Life Insurance said on Wednesday it signed a stock purchase agreement (SPA) to acquire a 75% stake in Velocity Clearing LLC, ...
Nov 20, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Shilla Duty Free opens Guerlain Ultimate Boutique at Incheon Airport
South Korea's Shilla Duty Free Shop announced on Tuesday it opened the Guerlain Ultimate Boutique, the first flagship store in a global airport, at ...
Nov 19, 2024 (Gmt+09:00)
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Bio & Pharma
Korea’s Lunit in AI-powered lung cancer diagnostics deal with AstraZeneca
Lunit Inc., a South Korean AI-powered cancer diagnostics company, has partnered with global biopharma giant AstraZeneca plc. to jointly enter the AI...
Nov 18, 2024 (Gmt+09:00)
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Capital raising
S.Korean firms’ rights issues poised for 12-year low
The lackluster South Korean stock market and softening Korean currency have discouraged local companies from raising money at home and pushed some t...
Nov 17, 2024 (Gmt+09:00)
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Banking & Finance
Hanmi Bank rises from Koreatown lender to regional bank
It began in 1982 as a small community bank for Korean immigrants in Los Angeles, California. Today, Hanmi Bank, under Nasdaq-listed Hanmi Financial ...
Nov 15, 2024 (Gmt+09:00)
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Automobiles
Kia to supply PV5 to DHL Korea from 2026
Kia Corp., South Korea’s second-largest automaker, said on Thursday it signed a memorandum of understanding (MOU) to supply its purpose-built ...
Nov 14, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix affiliate Solidigm unveils industry’s highest-capacity 122TB eSSD
Solidigm, the NAND flash-making subsidiary of South Korean chipmaker SK Hynix Inc., said on Wednesday it has launched a 122-terabyte (TB) enterprise...
Nov 13, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc drops $1.8 bn rights issue to regain shareholder support
Korea Zinc Inc., the world’s top lead and zinc smelter, on Wednesday withdrew its 2.5 trillion won ($1.8 billion) rights issue as the move to ...
Nov 13, 2024 (Gmt+09:00)
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Bio & Pharma
Huonslab strengthens HyDIFFUZE IP with completion of US, EU examination request under PCT application
South Korea’s Huonslab Co., a subsidiary of Huons Global Co. and a global leader in recombinant human hyaluronidase-based biologics Sub-Q deli...
Nov 12, 2024 (Gmt+09:00)
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Business & Politics
First Korean American US Senator vows to cement Seoul-Washington ties
NEW YORK – Democratic US Representative Andy Kim, the first Korean American elected to the US Senate, has pledged to strengthen the relationsh...
Nov 07, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Regulator puts brakes on Korea Zinc’s $1.8 bn rights issue
South Korea’s Financial Supervisory Service (FSS) has put the brakes on Korea Zinc Inc.'s 2.5 trillion won ($1.8 billion) rights issue aimed a...
Nov 06, 2024 (Gmt+09:00)
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Banking & Finance
KB Financial first in Korean banking to achieve ISO human capital standard
South Korea’s KB Financial Group said on Tuesday that it had obtained ISO 30414 certification, becoming the first in the domestic financial se...
Nov 06, 2024 (Gmt+09:00)
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K-pop
BTS Jin to open pop-up for solo album release
BTS Jin will open a pop-up titled “Running Wild to Happiness” from November 19 to December 1 at The Hyundai Seoul, marking the release o...
Nov 01, 2024 (Gmt+09:00)
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Banking & Finance
KB Asset Management to list Balhae Infrastructure Fund
South Korea's KB Asset Management Co. said on Friday it plans to list its KB Balhae Infrastructure Fund. Launched in 2006, KBIF focuses on so...
Nov 01, 2024 (Gmt+09:00)
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Rights offerings
Korea Zinc to raise $1.8 bn in rights issues amid face-off with MBK
Korea Zinc Inc. will raise 2.5 trillion won ($1.8 billion) in rights issues in December following its share buybacks and allocate 20% of them to its...
Oct 30, 2024 (Gmt+09:00)
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Batteries
S.Korea's Solus mass-produces copper foil in Hungary
Solus Advanced Materials, a South Korean copper foil supplier, said on Tuesday it started mass production at its second plant in Hungary, Europe&rsq...
Oct 29, 2024 (Gmt+09:00)
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Banking & Finance
Mirae Asset's IRP deposits surpasses $7.2 bn in 2024
South Korea's Mirae Asset Securities Co. said on Friday it became the first in the industry to surpass 10 trillion won ($7.2 billion) in individual ...
Oct 25, 2024 (Gmt+09:00)
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K-pop
BTS Jin previews new song ‘I’ll Be There' ahead of release of his solo album
BTS Jin released “I'll Be There,” a preview track from his first solo album, on Friday, his agency Big Hit Music announced.“I'll B...
Oct 25, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc shares skyrocket after buybacks in tender offer
Shares in Korea Zinc Inc. soared on Thursday, a day after completing its buybacks, driven by institutional investors covering shorts on the stock an...
Oct 24, 2024 (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