year to date return
Scope
Date
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Batteries
SK On in 10-year lithium deal with Australia’s Lake Resources
SK On Co., a leading South Korean battery maker, said on Wednesday it has signed a long-term contract to procure lithium, a key battery material, fr...
Oct 12, 2022 (Gmt+09:00)
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Rights offerings
KB's Indonesian subsidiary to launch $551 mn rights issue
Bank KB Bukopin, South Korean bank KB Bank's Indonesian subsidiary, is set to raise capital by issuing 8.44 trillion rupiah ($550.6 million) in new ...
Oct 12, 2022 (Gmt+09:00)
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Automobiles
Hyundai’s NEXO crossover tops world’s hydrogen vehicle market
Hyundai Motor Co.'s NEXO crossover has become the world’s best-selling hydrogen fuel cell electric vehicle (FCEV) in the first eight months of...
Oct 11, 2022 (Gmt+09:00)
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Tech, Media & Telecom
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...
Oct 11, 2022 (Gmt+09:00)
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Korean startups
Math app Qanda enjoys surge in popularity with 74 mn subscribers
The number of subscribers to the mathematics education app Qanda exceeded 74 million as of earlier this month. It is rare for an app developed ...
Oct 11, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders regain top post, to profit from higher ship prices
South Korea’s three major shipbuilders have regained the world’s No. 1 title in terms of ship orders and are expected to swing to profit...
Oct 09, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy's KSOE expected to turn to black in Q3
Korea Shipbuilding & Offshore Engineering Co. (KSOE), under Hyundai Heavy Industries Group, is forecast to have turned to the black for the firs...
Oct 03, 2022 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1 to invest $77 million to expand weapons production facility
LIG Nex1 Co., a leading South Korean defense company, said on Thursday it will spend 110 billion won ($77 million) on its production facility expans...
Sep 29, 2022 (Gmt+09:00)
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Banking & Finance
Korea Investment & Securities and Stifel Financial form joint venture
Korea Investment & Securities Co., a subsidiary of Korea Investment Holdings, announced on Wednesday that it has formed a joint venture with Mis...
Sep 28, 2022 (Gmt+09:00)
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Markets
Kospi hits two-year low; regulators mull short-selling ban
South Korea's stock market tumbled to its lowest level in more than two years on Wednesday, as fears of a slowing global economy and rising inflatio...
Sep 28, 2022 (Gmt+09:00)
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Petrochemicals
Korea's DL Chem shrugs off slow petrochemical market in Q3
DL Chemical Co., the petrochemical arm of South Korean conglomerate DL Group, is forecast to post robust third-quarter results despite sluggish sa...
Sep 26, 2022 (Gmt+09:00)
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Korean stock market
Korea's Kospi plunges to year's record low close on foreign selling
South Korea’s main bourse Kospi dropped 1.81% to finish at 2,290.00 on Sept. 23, hitting a new low closing for the year amid growing woes over...
Sep 25, 2022 (Gmt+09:00)
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Corporate strategy
Weaker won offers no leg up for Korean exporters
The steeper-than-expected decline in the won’s value is posing a grave threat to South Korean companies already struggling with rising inflati...
Sep 23, 2022 (Gmt+09:00)
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Construction
Doosan Enerbility wins $383 mn power plant deal from Saudi Arabia
South Korea's major power plant builder Doosan Enerbility Co. said on Friday it has won a 540 billion won ($383 million) contract to build a combine...
Sep 23, 2022 (Gmt+09:00)
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Korean Investors
NPS, KIC, other Korean LPs commit $551 mn to Cinven's fund
Global private equity firm Cinven Ltd. has attracted €550 million ($551.3 million) from South Korean institutional investors for its eighth fla...
Sep 20, 2022 (Gmt+09:00)
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Future mobility
Kakao Mobility, Hyundai to launch pilot robotaxi service by year-end
Kakao Mobility Corp., which runs South Korea’s most popular taxi-hailing app, and top Korean automaker Hyundai Motor Co. have agreed to launch...
Sep 19, 2022 (Gmt+09:00)
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IPOs
Korea battery, chip companies fail to reboot IPO market
South Korea’s battery and semiconductor companies, stock investors’ favorites, failed to revive the local initial public offering market...
Sep 18, 2022 (Gmt+09:00)
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Entertainment
Disney focuses on local content for global expansion
ANAHEIM, California -- The Walt Disney Co. is concentrating on local content to attract more viewers worldwide for its streaming services through do...
Sep 16, 2022 (Gmt+09:00)
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Entertainment
SM mulls ending producer contract with founder Lee Soo-man's firm
SM Entertainment Co. announced Thursday it is considering terminating the production contract with Like Planning, wholly owned by its founder Lee So...
Sep 16, 2022 (Gmt+09:00)
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The Deep Dive
Typhoon may offer Korea excuse it needs to oust POSCO CEO
South Korea is set to investigate POSCO, the world’s sixth-largest steelmaker, to clarify who is responsible for the damage to its typhoon-hit...
Sep 15, 2022 (Gmt+09:00)
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Korean stock market
EV materials maker EcoPro tops the buy list of Korean stocks
Shares in EcoPro BM Co., a cathode material maker used in electric vehicle batteries, topped the list of South Korean stocks, for which an increased...
Sep 14, 2022 (Gmt+09:00)
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Logistics
Hyundai Glovis receives $1.6 bn order from global carmaker
Hyundai Glovis announced on Wednesday that it received an order worth 2.2 trillion won ($1.6 billion) from a global carmaker, a record-high vehicle ...
Sep 14, 2022 (Gmt+09:00)
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Economy
S.Korea in for longest monthly trade deficit spell in 25 yrs
South Korea is poised to report a trade deficit for a sixth straight month in September, which would mark its longest period of trade shortfalls in ...
Sep 14, 2022 (Gmt+09:00)
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Entertainment
Squid Game wins Emmy awards for best actor, director
LOS ANGELES, California -- Netflix mega-hit Squid Game star Lee Jung-jae and creator Hwang Dong-hyuk each bagged an Emmy trophy Monday night in Los ...
Sep 13, 2022 (Gmt+09:00)
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Korean stock market
Samsung family’s shareholdings shrink by $8 bn in one year
Samsung Group’s four heirs to the late Chairman Lee Kun-hee have seen their group company shareholdings shrink by a combined 11 trillion won (...
Sep 13, 2022 (Gmt+09:00)
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Steel
POSCO partially restarts Pohang furnaces flooded by typhoon
POSCO Holdings Inc., the holding company of South Korea’s largest steelmaker, has partially restarted its blast furnaces at its main plant in ...
Sep 12, 2022 (Gmt+09:00)
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Korean games
Nexon late founder’s family inherits all his shares
The wife and two daughters of Nexon’s late founder Kim Jung-ju have inherited all his shares in the game developer’s holding company NXC...
Sep 08, 2022 (Gmt+09:00)
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Automobiles
Hankook Tire’s focus on foreign factories sets it apart from rivals
South Korea’s leading tire maker Hankook Tire & Technology Co. has one business strategy that sets it apart from its local rivals: Build m...
Sep 08, 2022 (Gmt+09:00)
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Steel
Typhoon Hinnamnor shuts all POSCO furnaces for 1st time in 49 years
POHANG, North Gyeongsang Province – POSCO Holdings Inc., the holding company of South Korea’s steel giant, said on Wednesday it has shut...
Sep 07, 2022 (Gmt+09:00)
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Cloud computing
Hancom to focus on cloud computing and AI services
South Korea’s homegrown software giant Hangul and Computer Group, also known as Hancom Inc. Group, is slated to transform itself into a cloud ...
Sep 07, 2022 (Gmt+09:00)
Latest News
- 1 Jollibee to buy chicken chain Norang Tongdak amid K-food frenzy
- 2 Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
- 3 POSCO Future M breaks with China in cathode supply chain
- 4 GIC resumes Seoul Finance Center sale in potential megadeal
- 5 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula