year to date return
Scope
Date
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Corporate restructuring
Hanssem to remodel itself into 'living tech' company
South Korea’s furniture maker Hanssem Co. unveiled its mid-to-long-term business strategy to institutional investors on Friday. During it...
Apr 15, 2022 (Gmt+09:00)
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Pre-IPOs
SK Ecoplant's pre-IPO enjoys attention from wealthy individuals
The pre-initial public offering of SK Ecoplant Co., formerly known as SK Engineering & Construction Co., is becoming a hot topic in private bank...
Apr 15, 2022 (Gmt+09:00)
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Venture capital
US and German startups funded by Mirae Asset join ranks of unicorns
Mirae Asset Venture Investment Co. is forecast to rake in more than 400 billion won ($325 million) for its investment in Moloco Inc. Mirae As...
Apr 15, 2022 (Gmt+09:00)
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Earnings
POSCO returns from pandemic blues with record quarterly profit
South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-time high revenue an...
Apr 15, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Naver aims to attract 1 bn users via active M&As by 2027
Naver Corp. vows to attract 1 billion users around the world and generate 15 trillion won ($12.2 billion) in five years. Only FAANG companies...
Apr 13, 2022 (Gmt+09:00)
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Automobiles
Hyundai’s Chung named auto industry Visionary of the Year
Hyundai Motor Group Chairman Chung Euisun was named the automobile industry's Visionary of the Year by Newsweek, which credited him for driving tran...
Apr 13, 2022 (Gmt+09:00)
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Korean games
Netmarble, NCSoft, Kakao, DoubleUGames on top publisher list
South Korea’s major tech companies such as Netmarble Corp., NCSoft Corp., Kakao Corp. and DoubleUGames were selected among the world’s m...
Apr 12, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy set for 2023 turnaround after eight years of losses
Samsung Heavy Industries Co., one of South Korea's Big Three shipbuilders, was once on the list of assets its parent Samsung Group wanted to sell to...
Apr 11, 2022 (Gmt+09:00)
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Airlines
Low-carbon energy costs to haunt airlines from 2025
The European Union's tougher emission standards are creating a new headache for airline companies, which are raising their international flights to ...
Apr 11, 2022 (Gmt+09:00)
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Fintech
S.Korea’s top securities firms enjoy high returns on fintech investment
South Korea’s startups raked in a record amount of investment last year, thanks to the number of unicorns reaching an all-time high.This was n...
Apr 08, 2022 (Gmt+09:00)
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Markets
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 ...
Apr 07, 2022 (Gmt+09:00)
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Tech, Media & Telecom
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...
Apr 07, 2022 (Gmt+09:00)
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Korean stock market
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...
Apr 06, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Slack gains more than 1,000 clients in S.Korea in just two years
The seven hottest tech companies and startups in South Korea earned a new nickname, a word combining their first syllables. What they also have in c...
Apr 06, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia rank fifth in global electric vehicle sales
South Korea’s two largest automakers, Hyundai Motor Co. and Kia Corp., ranked fifth in terms of electric vehicle sales, which posted triple-di...
Apr 06, 2022 (Gmt+09:00)
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Private equity
Lessons learned from activist fund’s KAL exit
Activist fund Korea Corporate Governance Improvement Fund (KCGI) recently exited its investment in Hanjin KAL Co., the parent company of Korean Air ...
Apr 05, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Philippines LCS Group buys Korea’s special purpose vessel maker
The Philippines’ LCS Group of Companies bought a South Korean special purpose vessel maker as it aims to supply defense products to the Southe...
Apr 05, 2022 (Gmt+09:00)
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Economy
Korea March inflation at 10-year high; bond yields surge
South Korea’s consumer prices in March grew at the fastest pace in more than 10 years on surging energy and commodity prices, while the centra...
Apr 05, 2022 (Gmt+09:00)
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Companies
Korean manufacturers brace for higher emission costs
The increase in the price of carbon emission rights is dealing another blow to South Korean companies reeling from soaring raw materials and logisti...
Apr 04, 2022 (Gmt+09:00)
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Korean chipmakers
Foundry player DB HiTek: An ugly duckling becomes a golden swan
DB HiTek Co., one of South Korea’s leading foundry chipmakers, was once an ugly duckling in the industry, reeling under heavy debt and snowbal...
Apr 04, 2022 (Gmt+09:00)
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Venture capital
Venture capitalists in S.Korea enjoy record salaries in 2021
South Korea’s venture capitalists put record high investments into startups last year. Thanks to positive returns on investments, a number o...
Apr 04, 2022 (Gmt+09:00)
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Korean stock market
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...
Apr 01, 2022 (Gmt+09:00)
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Earnings
Korea manufacturers see dismal Q1 after stellar profits in 2021
South Korean companies, especially manufacturers, suffered surging commodity prices, a weak won currency and global logistics disruptions in the fir...
Apr 01, 2022 (Gmt+09:00)
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Corporate restructuring
Telecom giant KT considers turning into holding company structure
KT Corp., a major South Korean telecommunications company, is considering changing into a holding company structure in an effort to boost the compan...
Apr 01, 2022 (Gmt+09:00)
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Private equity
How Glenwood made twofold return from HanGlas without dividends
Seoul based-Glenwood Private Equity, founded in 2014, has been quietly building its presence in the South Korean M&A market, chasing assets deem...
Apr 01, 2022 (Gmt+09:00)
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Mergers & Acquisitions
MBK seeks to exit Korea’s Lotte Card for over $2.5 bn
MBK Partners is in the early stages of talks with telecom operator KT Corp. and other potential bidders to sell its majority stake in South Korea's ...
Mar 31, 2022 (Gmt+09:00)
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Healthcare
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...
Mar 31, 2022 (Gmt+09:00)
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Private equity
MBK sees most productive year ever, returning $5.3 bn to investors
MBK Partners will be bold in moving into more Asian markets this year, wrote the company's founder and chairman Michael ByungJu Kim, in his annual l...
Mar 30, 2022 (Gmt+09:00)
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Companies
Kiturami Boiler bets on chip, battery facility systems
Choi Jin-min, founder and chairman of Kiturami Boiler Co., is one of the few living witnesses in South Korea's boiler history. At the age of 21, he ...
Mar 30, 2022 (Gmt+09:00)
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Market Trend
Koreans return to foreign stock funds for bargain hunting
South Korean funds for overseas stock investments enjoyed the return of money to buy growth shares in the US on dips this year, while local investor...
Mar 29, 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