LegoChem’s biotech platform drives 28% share price spike over last month

The rise of the platform economy is a global phenomenon. The spread of the coronavirus pandemic has accelerated the use of contactless technology an...

Fleet of Hyundai XCIENT hydrogen truck exceeds 1 million km benchmark

Hyundai Motor Co.’s fleet of fuel cell truck XCIENT has surpassed the benchmark one million kilometers of driving in 11 months of service in S...

Hanwha partially sells stake in controversial Nikola

Hanwha Group has made a partial exit from Nikola Corporation, one of the most controversial firms in the US hydrogen sector. Green Nikola Holdings L...

Krafton lowers IPO share price amid debate over high valuation

South Korean game developer Krafton Inc. has decided to lower its initial public offering share price amid criticism over its high valuation followe...

Naver expands ties with CJ Group into OTT platform

South Korea's Naver Corp. has agreed to buy 40 billion won ($35 million) worth of new shares in the domestic over-the-top (OTT) services provider TV...

HYBE's No.3 investor exits from BTS label in block deal

Seoul-based STIC Investments, the third-largest shareholder in South Korea's HYBE Co., sold its remaining shares in the label behind BTS, in a block...

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...

Krafton hiccup: Financial regulator concerned over high IPO share price

South Korean game developer Krafton Inc.'s road to an initial public offering is getting rocky with the country's financial regulator expressing con...

Hanwha to buy $900 mn Hanwha General shares from Samsung

Two Hanwha Group units have decided to buy the remaining stake in their affiliate Hanwha General Chemical Co. for 1 trillion won ($880 million) from...

BTS label HYBE shares at highest close: Too late to chase it now?

Shares in HYBE Co., the label behind BTS, hit their all-time high close on Tuesday, buoyed after the boy band's latest track "Butter" topped the Bil...

LG unveils fresh-faced logo designs to firm up brand storytelling

South Korea-based electronics giant LG has revealed new designs of its logo, "Face of the Future," in a move to upgrade its brand storytelling. On J...

Samsung unveils low-end 5G phone to rival China’s cheap models

Samsung Electronics Co. on Friday launched a low-end 5G smartphone in overseas markets amid intensified price competition initiated by Chinese mobil...

Samsung loses ground in foundry market as TSMC ties in with Japanese firms

Samsung Electronics Co., which is losing share of the global foundry market, has come under increased pressure from its bigger rival Taiwan Semicond...

Bank of Korea governor flags rate hike as economy improves

South Korea’s central bank governor on Thursday flagged a possible policy rate hike before the end of the year as the domestic economy recover...

Fizzling IPO boom? Korean IPO shares make dull debuts

C&C International Co., South Korea's leading color cosmetics manufacturer, became the fifth company this year to see its share price slide below...

Dongkuk Steel’s Q1 operating profit hits 5-year high as economy recovers

Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, on Monday reported its largest quarterly operating profit in nearly five years...

SK Telecom to retire $2.3 bn treasury shares amid corporate split-off

South Korea’s largest mobile carrier SK Telecom Co. said on Tuesday it will retire 8.69 million treasury shares worth 2.6 trillion won ($2.3 b...

Korean economy nears pre-pandemic level, prompts GDP upgrades

South Korea’s faster-than-expected economic growth in the first quarter is prompting analysts to raise their growth outlook for this year, wit...

Samsung Display sells back 35 million Corning shares for $1.6 billion

Samsung Display Co., South Korea’s largest display maker, is selling 35 million shares in Corning Inc. back to the US company for an estimated...

Korean-made small SUVs reach 50% share in US market

Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...

Korean-made small SUVs reach 50% share in US market

Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...

Entertainment shares to soar in Q2 following BTS, Blackpink comeback

South Korean entertainment labels are expected to see their earnings momentum back in full swing in the second quarter as popular K-pop groups such ...

LG Corp shares surge ahead of relisting after LX Holdings split-off

Shares of LG Corp. are significantly outperforming the broader market on expectations the company will be fairly valued when it’s relisted on ...

Korean content shares soar as platforms eye overseas expansion

Shares of Korean content providers are flying high as platform operators such as Kakao Entertainment Corp. are looking to expand overseas to bask in...

Shares of chip machinery makers rise on foundry boom

South Korean manufacturers of chip production equipment have seen their share prices rising sharply, buoyed by a series of new orders received from ...

Korea state agency sells $134 mn Woori Fin shares

The Korea Deposit Insurance Corp. (KDIC) has reduced its stake in Woori Financial Group to 15.25% by selling 149.2 billion won ($134 million) worth ...

Google to buy $50 mn new shares in Kakao Mobility

Google Inc. will acquire 56.5 billion won ($50 million) worth of new Kakao Mobility Corp. shares, in a strategic investment in the South Korean mobi...

Outlook for Korean battery shares evenly split amid weak performance

South Korea’s major battery makers, which have underperformed the broader stock market since the start of the year, remain opaque as fund mana...

Market jitters grow over Korean battery shares after VW’s decision

Market jitters over South Korea’s battery makers are growing after Volkswagen AG’s announcement on Monday that it will make batteries in...

Krafton plans 5-for-1 share split ahead of over $880 million IPO

South Korean games developer Krafton Inc., 13.2% owned by Tencent Holdings’ investment arm, plans a five-for-one share split ahead of its plan...