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...

Hyundai, Lotte to join used car market, seen as boost for small players

Hyundai, Lotte to join used car market, seen as boost for small players

South Korea’s top automaker Hyundai Motor Co. and the country’s No. 1 car rental firm Lotte Rental Co. are advancing into the domestic u...

Hyundai eyes LNG ship-to-floating storage unit conversion market

Hyundai eyes LNG ship-to-floating storage unit conversion market

The ongoing war in Ukraine and tougher emission standards are creating a new market for shipbuilders: converting aged liquefied natural gas (LNG) ca...

Hyundai, Kia heavily exposed to Ukraine crisis; shares at 52-week lows

Hyundai, Kia heavily exposed to Ukraine crisis; shares at 52-week lows

Shares of Hyundai Motor Co. and Kia Corp. on Monday fell to their lowest levels in more than 52 weeks as investors engaged in panic selling on conce...

Korean shipbuilders set for more orders on Ukraine crisis

Korean shipbuilders set for more orders on Ukraine crisis

South Korea’s shipbuilders are expected to get more orders on the escalating crisis in Ukraine as Europe is diversifying natural gas suppliers...

Asiana Airlines swings to profit in 2021 on cargo boom

Asiana Airlines swings to profit in 2021 on cargo boom

South Korea's Asiana Airlines Inc. turned to the black in 2021, reporting its largest-ever operating profit since 2010, as global supply chain disru...

Korean Air to deploy Boeing 737 Max aircraft from March

Korean Air to deploy Boeing 737 Max aircraft from March

Korean Air Lines Co. will start flying Boeing 737-8 aircraft from March, nearly two years after the global grounding of the jet type by airlines in ...

Ukraine woes, global tightening knock down Asian stocks

Ukraine woes, global tightening knock down Asian stocks

Asian stock markets lost ground on Monday with South Korea’s main shares down to their lowest level in more than two weeks as rising tensions ...

Samsung, Lotte, POSCO to build hydrogen plant in Malaysia

Samsung, Lotte, POSCO to build hydrogen plant in Malaysia

Samsung Engineering Co., Lotte Chemical Corp., and POSCO signed a memorandum of understanding (MoU) with Sarawak Economic Development Corporation (S...

Stonebridge Ventures to set up $168 mn new fund in H1

Stonebridge Ventures to set up $168 mn new fund in H1

Stonebridge Ventures Inc., South Korea’s most profitable venture capital firm, plans to establish a fresh fund of $168 million, the largest in...

Kospi short sales hit $639 mn amid rate hike woes

Kospi short sales hit $639 mn amid rate hike woes

Short selling on the Korean stock market is soaring rapidly on concerns over the US Fed Reserve’s interest rate hike. Particularly, a large ...

KSOE bags $1.4 billion ship orders in first 2022 deals

KSOE bags $1.4 billion ship orders in first 2022 deals

Korea Shipbuilding & Offshore Engineering Co. (KSOE), Hyundai Heavy Industries Group’s intermediate holding company, has kicked off 2022 w...

Pension funds sell net $21 bn worth of shares in 2021

Pension funds sell net $21 bn worth of shares in 2021

South Korea’s pension funds sold a net 24.5 trillion won ($20.6 billion) worth of Kospi and Kosdaq stocks this year, the largest annual ne...

Korean shipbuilders win record LNG carrier orders; 2022 outlook bright

Korean shipbuilders win record LNG carrier orders; 2022 outlook bright

South Korea’s three major shipbuilders have swept global orders for LNG carriers, more profitable than oil tankers and container ships, amid s...

Korean Air gets Vietnam’s regulatory approval for acquisition of Asiana

Korean Air gets Vietnam’s regulatory approval for acquisition of Asiana

Korean Air Lines Co. (KAL) said on Tuesday it has obtained regulatory approval from Vietnam for its 1.8 trillion won ($1.6 billion) deal to acquir...

Korean Air surprises market with highest quarterly profit in 5 years

Korean Air surprises market with highest quarterly profit in 5 years

Korean Air Lines Co. (KAL) surprised the market on Friday by posting its highest third-quarter operating profit in five years, boosted by strong dem...

HMM rakes in record quarterly profits on higher freight rates

HMM rakes in record quarterly profits on higher freight rates

HMM Co., South Korea’s largest container line, posted fresh record sales and profits in the third quarter, boosted by higher freight rates and...

Daewoo Shipbuilding, Samsung Heavy win LNG carriers order from Qatar

Daewoo Shipbuilding, Samsung Heavy win LNG carriers order from Qatar

South Korea’s major shipbuilders Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. won orders for six liquefie...

Kakao becomes Korea’s top platform firm, besting archrival Naver

Kakao becomes Korea’s top platform firm, besting archrival Naver

Kakao Corp., best known for South Korea’s top mobile messenger app KakaoTalk, has become the country’s top platform company in terms of ...

S.Korean heavy equipment makers ride global raw materials boom

S.Korean heavy equipment makers ride global raw materials boom

The surging demand for raw materials around the world are driving sharp sales rebounds of South Korea’s two leading equipment makers Hyundai C...

Korean shipbuilders await improved earnings as LNG carrier price hit all-time high

Korean shipbuilders await improved earnings as LNG carrier price hit all-time high

South Korean shipbuilders, which have secured almost 97% of the orders placed for liquefied natural gas (LNG) carriers this year, expect to see thei...

Naver Cloud looks to join AWS, Microsoft as Asia's top cloud service provider

Naver Cloud looks to join AWS, Microsoft as Asia's top cloud service provider

South Korea-based Naver Cloud Corp. is determined to become one of the key cloud service providers in Japan and Southeast Asian markets, following o...

Hyundai Heavy, Babcock join forces for Korea’s first aircraft carrier

Hyundai Heavy, Babcock join forces for Korea’s first aircraft carrier

Hyundai Heavy Industries Co. teamed up with British engineering company Babcock International to develop South Korea’s first aircraft carrier....

Samsung Heavy wins approval for ammonia-ready ship design

Samsung Heavy wins approval for ammonia-ready ship design

Samsung Heavy Industries obtained a certificate for its basic design to revamp a liquefied natural gas (LNG) or diesel-powered crude tanker into an ...

LG Display to invest $2.8 billion in small OLED line to rival Samsung

LG Display to invest $2.8 billion in small OLED line to rival Samsung

South Korea’s LG Display Co. said on Tuesday it will invest 3.3 trillion won ($2.8 billion) in small-sized panels for smartphones and tablets ...

Passing China, S.Korean shipbuilders hold top spot for three months

Passing China, S.Korean shipbuilders hold top spot for three months

South Korea’s shipbuilding industry has maintained the top position worldwide in new orders for three straight months up to July.According to ...

KakaoBank falls out of Kospi top 10 on 3rd trading day

KakaoBank falls out of Kospi top 10 on 3rd trading day

KakaoBank Corp. has fallen out of the top 10 list on Kospi on Aug. 10, its third trading day, with Celltrion and Kia Corp. overtaking the company ag...

California to deploy 30 Hyundai hydrogen trucks for public projects

California to deploy 30 Hyundai hydrogen trucks for public projects

Hyundai Motor Co.’s XCIENT hydrogen fuel cell trucks will be running the roads of California as part of two publicly funded projects to improv...

KOGAS attempts to expand LNG bunkering as global demand grows

KOGAS attempts to expand LNG bunkering as global demand grows

Korea Gas Corp. (KOGAS) aims to expand liquefied natural gas (LNG) bunkering business as global demand for cleaner fuels for ships is growing.LNG bu...

Korea’s heavy machinery makers continue strong performance in Q2

Korea’s heavy machinery makers continue strong performance in Q2

Korean construction and heavy equipment manufacturers have posted strong results in the second quarter, maintaining the trend of recovery from the f...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation