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Scope
Date
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Corporate bonds
Korean firms at risk of credit rating downgrade on Legoland woes
South Korean companies are at risk of credit rating downgrades as the fallout of a debt default by the domestic developer of a Legoland theme park r...
Nov 13, 2022 (Gmt+09:00)
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Foreign exchange
Korea won sees best day in nearly 14 yrs, may be climbing from bottom
The South Korean won currency on Friday reported the largest daily gain in almost 14 years as lower-than-expected US inflation data bolstered expect...
Nov 11, 2022 (Gmt+09:00)
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Korean startups
Chipmaker Netsol unveils first STT-MRAM in South Korea
South Korea’s fabless memory semiconductor design house Netsol announced on Friday that it developed the country’s first STT-MRAM, a nex...
Nov 11, 2022 (Gmt+09:00)
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Markets
HMM’s shares undervalued despite $12.5 billion in cashable assets
South Korea’s largest container line HMM Co. has seen its shares trapped in a boxed range for a protracted period despite its spectacular earn...
Nov 11, 2022 (Gmt+09:00)
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Batteries
LG Energy Solution diversifies supply chains to respond to US IRA
LG Energy Solution Ltd. has made a preemptive response to the Inflation Reduction Act of the US by securing the supply of lithium carbonate, a key m...
Nov 11, 2022 (Gmt+09:00)
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Earnings
KEPCO to see record loss 2022 on slower power tariff hikes
Korea Electric Power Corp. (KEPCO), the state-run utility, is set to suffer a record operating loss this year with a shortfall mounting to the secon...
Nov 11, 2022 (Gmt+09:00)
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Bio & Pharma
SK Biopharma's epilepsy treatment posts impressive growth in US
South Korean SK Biopharmaceuticals' epilepsy treatment Cenobamate has seen rapid growth on the US market.The company on Thursday said the medic...
Nov 11, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT to invest $2 million in US voice biomarker developer
KT Corp., a South Korean telecommunications giant, plans to invest $2 million in Sonde Health Inc., a US voice biomarker developer, to enhance the c...
Nov 10, 2022 (Gmt+09:00)
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Construction
Doosan Enerbility signs $1.2 billion deal to build nuclear plant in Egypt
South Korea's major power plant builder Doosan Enerbility Co. said on Thursday it has clinched a 1.6 trillion won ($1.2 billion) deal to become a co...
Nov 10, 2022 (Gmt+09:00)
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Retail
Korean retail brand F&F’s Chinese sales seen above $800 million
South Korean outdoor clothing retailer F&F Co. is expected to post 1.1 trillion won ($807 million) in sales revenue in China this year, emerging...
Nov 10, 2022 (Gmt+09:00)
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Hydrogen economy
Korea's SK E&S to produce 30,000 tons of liquid hydrogen per year
SK E&S, the energy affiliate of SK Group, from next year will start domestic output and distribution of up to 30,000 tons of liquid hydrogen ann...
Nov 10, 2022 (Gmt+09:00)
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Companies
US water treatment juggernaut Culligan eyes Chungho Nais stake
Culligan, the biggest water treatment company in the United States, is set to become a major shareholder in South Korean water purifier rental firm ...
Nov 09, 2022 (Gmt+09:00)
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Corporate bonds
Lotte to spend $651 mn to save affiliate from Legoland woes
Lotte Group is set to inject a total of $651 million through its chemical units to save a construction affiliate from the fallout of a debt default ...
Nov 09, 2022 (Gmt+09:00)
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Economy
Korea’s job growth at 11-month low deepens economic woes
South Korea’s job growth in October fell for a fifth consecutive month to the lowest in eleven months, boosting concerns over a slowdown in As...
Nov 09, 2022 (Gmt+09:00)
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Korean startups
South Korea’s biggest startup event ComeUp 2022 kicks off in Seoul
South Korea’s largest startup event ComeUp kicked off on Wednesday at the Dongdaemun Design Plaza (DDP). The annual event, which celebrat...
Nov 09, 2022 (Gmt+09:00)
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Korean games
NCSOFT invests $15 million in blockchain company Mysten Labs
NCSOFT Corp., which announced early this year plans to install non-fungible token (NFT) technology in the global version of its online role-playing ...
Nov 09, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix starts shipping low-power, high-efficiency LPDDR5X chips
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it has begun selling low-power, high-efficiency DRAM chips calle...
Nov 09, 2022 (Gmt+09:00)
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Foreign exchange
Korea won hits 2-month high on US election, China hopes
The South Korean won on Wednesday hit a two-month high on expectations that a victory by the Republicans in the US midterm elections may slow the Fe...
Nov 09, 2022 (Gmt+09:00)
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Economy
S.Korea to launch control tower for immigration policy
South Korea is set to establish a government body as early as the first half of 2023 to comprehensively control its immigration policy as Asia&rsquo...
Nov 08, 2022 (Gmt+09:00)
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Automobiles
Hyundai, China’s CICC in initial deal for commercial vehicle business
South Korea’s Hyundai Motor Co. said on Tuesday it has partnered with China International Capital Corp. (CICC), China’s largest investme...
Nov 08, 2022 (Gmt+09:00)
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Electronics
LG Display unveils world’s first high-resolution stretchable display
LG Display Co., a major South Korean display panel maker, said on Tuesday it has developed the world’s first full-color stretchable display th...
Nov 08, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung’s new NAND boasts industry’s highest storage capacity
Samsung Electronics Co., the world’s largest memory chipmaker, has begun mass producing its latest NAND chip, which features the industry&rsqu...
Nov 08, 2022 (Gmt+09:00)
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Logistics
Internet giant Naver to introduce same-hour delivery by year’s end
South Korea’s internet giant Naver Corp. plans to introduce same-hour delivery service by year’s end. Naver CEO Choi Soo-yeon ann...
Nov 07, 2022 (Gmt+09:00)
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Samsung Group
Samsung to only use Qualcomm’s AP for Galaxy S23 series
Samsung Electronics Co. is poised to release the Galaxy S23 series smartphones in mid-February, those familiar with the development told The Korea E...
Nov 07, 2022 (Gmt+09:00)
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Healthcare
KT adds partner to expand Vietnam digital healthcare biz
KT Corp., a major South Korean telecom operator, has teamed up with another local company to expand its digital healthcare business in Vietnam furth...
Nov 07, 2022 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics in CDO deal talks with global pharma firm
FRANKFURT – Samsung Biologics Co., the world’s largest contract drugmaker, is in talks to develop medicines for a global pharmaceutical ...
Nov 07, 2022 (Gmt+09:00)
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Aerospace & Defense
S.Korean lunar orbiter sends 'Dynamite' BTS video to Earth
South Korea's unmanned space vehicle Danuri has sent texts and images from space to Earth, the Ministry of Science and ICT announced Monday. Da...
Nov 07, 2022 (Gmt+09:00)
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Electronics
Samsung, LG gear up for launch of 8K gaming monitors
Samsung Electronics Co. and LG Electronics Inc., South Korea’s two largest TV makers, are bracing for the impending arrival of a next-generati...
Nov 07, 2022 (Gmt+09:00)
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Retail
Lotte Mart bulks up in SE Asia to make up for China failure
Indonesia was the destination for Lotte Group Chairman Shin Dong-bin’s first overseas business trip in August, after being granted a special p...
Nov 07, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea's shipbuilding order volume to plummet next year: report
South Korea's shipbuilders fear seeing their orders next year plummet by over 40% on-year due to disruptions in related financing amid surging inter...
Nov 07, 2022 (Gmt+09:00)
Latest News
- 1 Hanwha’s Kim Dong-seon to raise his stake in Galleria to 19.86%
- 2 Liner ranks 9th in generative AI services selected by a16z
- 3 Korea’s Tmax Group takes back software developer at $612 mn
- 4 Lotte Fine Chemical, JEFA to collaborate on clean ammonia value chain
- 5 Genesis tops TXI for fourth consecutive year in US