SKC to showcase innovative chip, battery materials at CES 2023
SKC Ltd., a South Korean chemical materials maker, will showcase innovative materials for rechargeable batteries and semiconductors at CES 2023, the...
S.Korea to introduce mandatory offer for takeover deals
South Korea is set to require a takeover bidder for a listed company to buy stakes held by small shareholders at the same price to be paid to a majo...
KTNET shows off logistics platform for tracking cargo, documents
The Korea Trade Network (KTNET) held a grand opening event for its uTH 2.0, a digital trade logistics platform, in partnership with the Korea Intern...
Vietnam emerges as South Korea's No. 3 trading partner
Vietnam will finish this year as South Korea's No. 3 trading partner and the country with which the latter has the largest trade surplus, a study ha...
Korea to allow investors to sell stocks at pre-split-off values
South Korea is set to allow individual shareholders to sell their stocks at prices before a split-off if they oppose a company’s separation pl...
Ndream, Wisenut start trading on K-OTC
Shares of South Korea's two tech startups, Ndream and Wisenut, will start trading on Korea's over-the-counter market, or K-OTC, on Thursday, the Kor...
Mirae Asset introduces AI investment info service
Mirae Asset Securities Co. said on Tuesday it had introduced two domestic stock artificial intelligence (AI) reporting services through its mobile t...
Truston Asset looks to help run Taekwang with 5.8% stake
South Korea's Truston Asset Management has changed the purpose of its stock investment in the chemical and textile company Taekwang Industrial Co. f...
Hana Bank signs agreement for 24-hour forex trading
Hana Bank said on Friday that it signed a strategic memorandum of understanding (MOU) with Toss Securities for 24-hour foreign exchange trading at t...
Korean stocks with healthy earnings to shine in H2 2023
South Korea’s Mirae Asset Securities Co. expected local shares with strong earnings including growth stocks to rally in the second half of nex...
Korea Exchange, Uzbek Ministry of Finance sign agreement for cooperation
The Korea Exchange (KRX) has agreed to cooperate with the Ministry of Finance of Uzbekistan on the maintenance of the stock market IT system. T...
Leading S.Korean trade body, 31 brokerages urge delay in financial investment tax
South Korea's Korea Financial Investment Association and 31 domestic securities companies on Sunday released a joint statement urging a delay in the...
KITA sees exponential jump in demand for key minerals within 20 years
Amid the global supply chain crisis and growing trade protectionism by major economies, a study by a major trade body in South Korea says the nation...
Korea cryptocurrency WEMIX to be delisted on court ruling
WEMIX, a South Korean cryptocurrency issued by WeMade Co., will be delisted on Thursday after a court ruled in favor of four local crypto exchanges’ d...
Korean unlisted stock bubble bursts as interest rates rise
Kurly Inc., Dunamu Inc. and other major South Korean unlisted stocks plunged as the fallout on asset prices from rising interest rates extended into...
Korea’s top delivery app operator Woowa launches food delivery robot
The self-driving robot Dilly Tower of Woowa Brothers Corp., the operator of Korea’s top food delivery app Baedal Minjok, commonly known as Bae...
S. Korea's Kia 1st among UK car dealers for brand satisfaction
Kia Corp. has seen record-high auto sales in the UK thanks to having the highest brand satisfaction among British dealers.Industry sources on Monday...
Samsung C&T, KSS Line to jointly transport clean hydrogen, ammonia
Samsung C&T Corp., the construction and trading arm of Samsung Group, is set to build an infrastructure for maritime transportation of clean hyd...
Korean PE firms struggle with fundraising on illiquidity
South Korean private equity (PE) firms are having trouble fundraising as institutional investors' capital for new investment is drying up amid inter...
Select Korean companies seek to raise cash reserves
Several corporations have recently sold stocks and real estate apparently to boost liquidity and repay maturing debts amid the "three high" era of h...
S.Korea prepares to launch $7.6 bn stock market stabilization fund
South Korea last week completed the process needed to launch a stock market stabilization fund of 10.76 trillion won ($7.6 billion). The timing for ...
Korea should open retail electricity market for renewables
South Korea on Oct. 26 officially launched the carbon neutrality commission based on laws for green growth, which took effect last March, amid the g...
Korea's stock deposits dip to lowest point since July 2020
Monthly average deposits for stock investment in South Korea are poised to drop below 50 trillion won ($35.1 billion) for the first time since July ...
South Korea on course for seventh month of trade deficit
South Korea is poised to post a trade deficit for the seventh straight month in October, which would mark the longest period of shortfalls in 25 yea...
SillaJen shares jump as exchange maintains listing, allows resumed trade
Shares in South Korea’s scandal-hit biotechnological company SillaJen Inc. soared on Thursday after the local exchange decided to maintain the...
Korea's Naver to ramp up global IR activity as stock continues decline
South Korea’s online portal giant Naver Corp. is poised to hire an investor relations (IR) executive whose chief responsibility will be to com...
NHN Cloud to raise $141 mn from stock issuance
South Korea’s cloud service provider NHN Cloud Corp. is eyeing 1.1 trillion won ($776 million) corporate value via a new stock issuance, marki...
Samsung leader Lee calls on mgt to raise shareholder value
Samsung Electronics Co. set up a task force team dedicated to increasing its shareholder value last month, according to industry sources on Oct. 4. ...
Korea to complete process for stock market fund in mid-Oct
South Korea is set to complete the process for a stock market stabilization fund of 10 trillion won ($7 billion) by the middle of this month, to be ...
Short selling piles up on Kospi’s top three stocks
South Korea’s three largest companies by market cap -- Samsung Electronics Co, LG Energy Solution Co. and SK Hynix Inc. -- were heavily short ...
