Big Hit
Scope
Date
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Foreign exchange
Korean won extends losses as oil hits 14-year high
South Korea’s won currency skidded to a fresh low in nearly two years as oil prices spiked to a 14-year peak with fears of a prolonged war bet...
Mar 07, 2022 (Gmt+09:00)
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Content platforms
Kakao to unveil YouTube-like manga platform in Japan
Kakao Corp., the No. 1 digital comics platform in Japan, will expand deeper into the neighboring country's comics market by launching a platform whe...
Mar 03, 2022 (Gmt+09:00)
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Economy
Korea Inc. revises business plans as rising oil prices hit economy
South Korean companies are revising their business plans for this year as soaring oil prices slam Asia’s fourth-largest economy. Inflation is ...
Feb 21, 2022 (Gmt+09:00)
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Batteries
SK On's $4 bn funding draws PE giants, GIC, Saudi PIF
BlackRock, Blackstone, Singapore's GIC and Saudi's Public Investment Fund (PIF) are among the preliminary bidders for shares worth up to $4.2 billio...
Feb 16, 2022 (Gmt+09:00)
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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 ...
Feb 14, 2022 (Gmt+09:00)
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Venture capital
Korean VCs bet big on pet care startups
Startups in the pet industry are gaining traction on the back of a rising number of pet owners in South Korea. Industry insiders say several pe...
Feb 10, 2022 (Gmt+09:00)
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Alternative investments
Grade-A office deals in Seoul hit record-high $14 bn in 2021: JLL
Grade-A office transactions in Seoul hit a record high of 17.1 trillion won ($14.2 billion) in 2021, breaking the 16.6 trillion won record set in 20...
Feb 03, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Barbarians at the gate: fraud-hit Osstem wooed by bankers
South Korea's Osstem Implant Co., battered by the country's largest-ever embezzlement scandal for a listed company, is now being courted by investme...
Jan 26, 2022 (Gmt+09:00)
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Fraud scandals
Lazard seeks to sell off fraud-hit Osstem Implant
Lazard Asset Management has tapped multiple professional investors in South Korea to sell off its shares in Osstem Implant Co, worth $165 million, t...
Jan 25, 2022 (Gmt+09:00)
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Entertainment
Squid Game’s mega-hit spurs Netflix to release record K-content
Netflix Inc. plans to release 10 additional Korean-language originals this year as the smash success of Squid Game has impelled the world’s to...
Jan 19, 2022 (Gmt+09:00)
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Alternative investments
Warehouse deals in greater Seoul area hit record high in Q4
The total deal volume of Seoul metropolitan area-based grade-A logistics centers hit a record high of 7.2 trillion won ($6.1 billion) last year. A g...
Jan 19, 2022 (Gmt+09:00)
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Fraud scandals
Scandal-hit SillaJen faces higher delisting risk
South Korea's SillaJen Inc., once the largest stock on Kosdaq by market value, faces a higher risk of being kicked out of the country's junior stock...
Jan 19, 2022 (Gmt+09:00)
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Short selling
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 ...
Jan 07, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy partners with Palantir for big data platform
South Korea’s Hyundai Heavy Industries Group joined forces with US data analytics firm Palantir Technologies Inc. to set up a big data platfor...
Jan 05, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korean Air’s post-merger plan hits snag after conditional approval
Korean Air Lines Co. faces growing pressure from the country’s antitrust regulator to drastically adjust its post-merger integration plans aft...
Jan 04, 2022 (Gmt+09:00)
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Fraud scandals
Korean dental implant maker hit by $160 mn embezzlement
Trading in shares of South Korea's top dental implant manufacturer Osstem Implant Co. was suspended on the Kosdaq market on Monday, after the compan...
Jan 03, 2022 (Gmt+09:00)
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BTS’ NFT venture hits sour note with fans
SEOUL—When BTS unveiled plans last month to break into the NFT business, the South Korean boy band’s supporters revolted online, threate...
Jan 03, 2022 (Gmt+09:00)
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Economy
Korea 2021 exports hit record on strong sales of key products
South Korea’s exports last year hit a record on strong sales of key products such as semiconductors, automobiles and petrochemicals.Exports su...
Jan 02, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Big 3 Korean shipbuilders win largest orders in 8 yrs
South Korea's three major shipbuilders in 2021 have received their largest amount of orders in eight years, surpassing their targets by 45%, accordi...
Dec 31, 2021 (Gmt+09:00)
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Batteries
Korea battery makers suffer under growing China dominance
South Korean battery manufacturers are suffering from the growing dominance of their Chinese competitors in the world’s electric vehicle marke...
Dec 24, 2021 (Gmt+09:00)
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Batteries
Rechargeable battery shares slump to lowest level in a year
Rechargeable battery shares in Korea are continuing their slide, hit by global supply shortages. In addition to the companies that produce completed b...
Dec 21, 2021 (Gmt+09:00)
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Korean chipmakers
Energy-saving chips emerge as new battleground
Environmental, social and governance (ESG) requirements are expected to drive high-performance chip demand higher, in particular from data center op...
Dec 20, 2021 (Gmt+09:00)
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Economy
Korea exports hit record to top $640 bn in 2021
South Korea’s exports have reached an all-time high thanks to strong overseas demand for key products such as semiconductors amid the global e...
Dec 14, 2021 (Gmt+09:00)
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IPOs
Will LG Energy’s IPO overcharge?
The world’s second-largest electric-vehicle battery maker, LG Chem-owned LG Energy, is hoping a separate listing will give the ...
Dec 14, 2021 (Gmt+09:00)
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Metaverse
Cybersecurity stocks market darlings on rise of metaverse
Just a couple of years ago, the prevalent market view on the cybersecurity industry was that it would go downhill rather than prosper as public orga...
Dec 10, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Hyundai Oilbank attracts $20 million from Palantir ahead of IPO
South Korean refiner Hyundai Oilbank Co. has attracted $20 million in investment from US data analytics firm Palantir Technologies Inc. ahead of its...
Dec 09, 2021 (Gmt+09:00)
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Monthly trade infographics
Kimchi on track for first trade surplus in 12 years
Kimchi exports hit record high Kimchi, Korea’s traditional fermented food, is raising its status in the global food market. Korea exported $1...
Dec 09, 2021 (Gmt+09:00)
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Korean startups
NFT, metaverse shares face correction, hit by high valuations
Financial shares related to the metaverse and non-fungible tokens, which have been on a surge in recent weeks, are seeing a correction. With forei...
Nov 23, 2021 (Gmt+09:00)
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Advertising & Marketing
Hyundai’s IONIQ 5, Tucson to hit big screen in Spider-Man: No Way Home
Hyundai Motor Co.'s all-electric IONIQ 5 SUV and the flagship SUV Tucson will be featured in Sony Pictures’ upcoming film Spider-Man: No Way Hom...
Nov 23, 2021 (Gmt+09:00)
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Korean games
LG Elec brings GeForce Now games to smart TVs
LG Electronics Inc., the global home appliance giant, will now enable gamers to enjoy Nvidia Corp.’s game streaming service GeForce Now on the...
Nov 21, 2021 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer