Musinsa seeks to buy Japan-focused rival fashion platform

Musinsa seeks to buy Japan-focused rival fashion platform

South Korea's top online fashion platform Musinsa is in the last stages of talks to acquire a domestic rival that caters primarily to Japanese shopp...

Naver, Kakao shares to fall further on sluggish outlook

Naver, Kakao shares to fall further on sluggish outlook

Shares of Naver Corp. and Kakao Corp. are expected to decline further after South Korea’s top two platform giants already lost 20 trillion won...

JYP Entertainment stocks skyrocket 70% in three months

JYP Entertainment stocks skyrocket 70% in three months

Shares of JYP Entertainment Inc. have been skyrocketing in recent months. The record label stocks jumped more than 70% from its lowest price point s...

US hedge fund urges SK to focus on share buybacks

US hedge fund urges SK to focus on share buybacks

US hedge fund Dalton Investments LLC has urged SK Inc., the holding company of South Korea’s SK Group, to focus more on share buybacks and can...

S.Korea’s retail investors put record amount in overseas stocks

S.Korea’s retail investors put record amount in overseas stocks

South Korea’s retail investors poured 22.9 trillion won ($18.8 billion) into purchasing overseas stocks last year, according to the country's ...

LG Energy Q1 profit beats forecast on strong demand, price hikes

LG Energy Q1 profit beats forecast on strong demand, price hikes

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, reported a lower-than-expected decline in quarterly profit...

KT to build media value chain with $4.1 bn content sales by 2025

KT to build media value chain with $4.1 bn content sales by 2025

KT Corp., a major South Korean telecommunications company, on Thursday unveiled an ambitious goal to become the country’s leading media and co...

IPOs see low offering prices and declining returns in Q1

IPOs see low offering prices and declining returns in Q1

South Korea’s initial public offerings are seeing lackluster investor interest in bookbuildings this year. Drops in some recent public offerin...

Korea’s battery trio cornered by Chinese rivals’ overseas advance

Korea’s battery trio cornered by Chinese rivals’ overseas advance

China’s leading battery makers are actively advancing into overseas markets with plans to build manufacturing factories close to their clients...

Hyundai, Kia outperform competitors in US in Q1

Hyundai, Kia outperform competitors in US in Q1

Hyundai Motor Co. and Kia Corp., automaking units of Hyundai Motor Group, logged a smaller decline in US car sales than their global competitors in ...

Foreigners sell net $4 bn of shares in March, second only to Aug. 2021

Foreigners sell net $4 bn of shares in March, second only to Aug. 2021

Foreign investors in March sold a net 4.84 trillion won ($3.97 billion) worth of shares on South Korea's main bourse Kospi, their highest-ever mon...

Mid-cap, small-cap outperform large-cap stocks in Q1 2022

Mid-cap, small-cap outperform large-cap stocks in Q1 2022

South Korea’s mid-cap and small-cap shares outperformed large-cap stocks during the first quarter of 2022 as some glitzy initial public offe...

EDGC enters US procurement market with medical supplies

EDGC enters US procurement market with medical supplies

Eone Diagnomics Genome Center Co. (EDGC), a South Korean healthcare firm specializing in genetic analysis technology, is set to enter the US governm...

Hyundai Motor shares set to rebound after hitting trough

Hyundai Motor shares set to rebound after hitting trough

South Korean top automaker Hyundai Motor Co.'s shares are poised for a rebound. On March 30, the stock rose by 2.55% to 181,000 won ($149.46), 11.73...

Rising global TV prices: A boon and risk for Samsung, LG

Rising global TV prices: A boon and risk for Samsung, LG

Global TV prices rose by a third last year and are expected to continue their uptrend this year, which could be a boon for the world’s two lar...

Cosmetics shares rally amid hopes of eased social distancing

Cosmetics shares rally amid hopes of eased social distancing

Cosmetics and beauty shares are benefiting from president-elect Yoon Seok-yeol’s pledge to ease social distancing mandates. South Korean cosme...

LG Household to lower reliance on Chinese market as shares slump

LG Household to lower reliance on Chinese market as shares slump

LG Household & Health Care Ltd. was one of the most coveted shares on the Korean bouse in the past couple of years as the company basked in the ...

Korea's major fashion firms rush to embrace content marketing

Korea's major fashion firms rush to embrace content marketing

Major South Korean fashion companies are speeding up their investment in content startups. F&F Holdings, the distributor of the US outdoor brand...

Lotte Group’s confectionery and food shares jump 5% on merger news

Lotte Group’s confectionery and food shares jump 5% on merger news

Shares of both Lotte Confectionery and Lotte Food rose more than 5% Thursday on expectations of synergy effects from their upcoming merger. A d...

HMM shares weighed by overhang concerns despite soaring profit

HMM shares weighed by overhang concerns despite soaring profit

South Korea’s largest container line HMM Co. has seen its shares trapped in a boxed range over the past few months despite its spectacular ear...

Samsung heirs sell Samsung Elec shares for $1.1 bn

Samsung heirs sell Samsung Elec shares for $1.1 bn

The wife and two daughters of the late Samsung Group Chairman Lee Kun-hee raised a combined 1.37 trillion won ($1.1 billion) in block sale of Samsun...

Entertainment shares shine as BTS, Twice return to stage

Entertainment shares shine as BTS, Twice return to stage

South Korean entertainment stocks rallied as K-pop stars such as BTS and Twice return to the stage amid global economic reopening with growing hopes...

Samsung family set to sell $320 mn worth of SDS shares

Samsung family set to sell $320 mn worth of SDS shares

Samsung Group family is set to sell a 3.9% stake in Samsung SDS Co. worth 390 billion won ($319.5 million) through a block deal. The seller is one o...

LG Innotek shares at new highs, tracking Apple's rise

LG Innotek shares at new highs, tracking Apple's rise

Shares in LG Innotek Co., a major camera module supplier for Apple iPhones, climbed to a record high on Monday, in stark contrast to the flat wider ...

LG Display reclaims global top spot in Q4 2021

LG Display reclaims global top spot in Q4 2021

South Korea’s LG Display Co. regained the top spot in the global display market for TVs in the fourth quarter of 2021, according to tech indus...

Shares of cement makers firm up despite higher coal prices

Shares of cement makers firm up despite higher coal prices

Shares in South Korean cement suppliers have performed well in a rangebound market, despite soaring prices of bituminous coal, their raw material.Co...

China's lockdown: Double effect to Korean tech stocks

China's lockdown: Double effect to Korean tech stocks

The COVID-19 lockdown of Shenzhen, the city known as Silicon Valley of China, is increasing concerns over supply disruptions to South Korea’s ...

Data centers in European core cities are promising, Principal head says

Data centers in European core cities are promising, Principal head says

Critical data center hubs have emerged in European major cities with dramatic growth in data consumption, and the facilities are rising as promising...

Korea’s fashion OEM firms eye record sales 

Korea’s fashion OEM firms eye record sales 

South Korea’s clothing original equipment manufacturers (OEM) are set to see a supercycle or a sustained period of expansion driven by robust ...

Hyundai’s auto exports to Russia cut by half in February, hit by war

Hyundai’s auto exports to Russia cut by half in February, hit by war

Hyundai Motor Co.'s car exports to Russia have dwindled by nearly half in the latest indication that global automakers are feeling the pinch due to ...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race