Digital Currency Group
Scope
Date
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Earnings
Korea's Walkerhill Hotels and Resorts posts 1st surplus in 11 quarters
South Korea's Walkerhill Hotels and Resorts, run by SK Networks, has returned to the black after two years and nine months thanks to growth in the n...
Nov 09, 2022 (Gmt+09:00)
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Bio & Pharma
CJ CheilJedang to strengthen R&D for bio and healthcare businesses
CJ Corp. announced it will strengthen its research and development (R&D) efforts in the bio and healthcare sectors. CJ CheilJedang Corp. ...
Nov 08, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Korea's SKT aims for $32 bn in corporate value via AI tech by 2026
South Korea’s top mobile carrier SK Telecom Co. is aiming to quadruple its corporate value, currently around 11 trillion won ($7.9 billion), b...
Nov 08, 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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Korean chipmakers
Samsung fast-forwards digital transformation of its chip business
South Korea's Samsung Electronics Co., the world’s largest memory chipmaker, is accelerating its digital shift to better respond to the changi...
Nov 07, 2022 (Gmt+09:00)
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Earnings
Doosan Bobcat, Doosan Group’s cash cow, set for record 2022 earnings
Doosan Bobcat, the construction and agricultural machine making affiliate of South Korea’s Doosan Group, is poised to join the “one tril...
Nov 03, 2022 (Gmt+09:00)
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Bio & Pharma
SK Biopharmaceuticals to make CES debut in January
SK Biopharmaceuticals will take part in CES 2023, the world's largest trade show for IT and electronics held in Las Vegas, to unveil its medical dev...
Nov 02, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korea's Meritz Group likely to sell off its asset management arm
South Korea’s Meritz Financial Group Inc. is poised to sell off its subsidiary Meritz Asset Management Co., The Korea Economic Daily understoo...
Nov 01, 2022 (Gmt+09:00)
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Future mobility
What is a smart city? Hyundai Motor Group has a few ideas
Hyundai Motor Group on Monday released the results of its research project for smart cities in an online exhibition.In collaboration with the firm H...
Nov 01, 2022 (Gmt+09:00)
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ASK 2022
KBIZ eyes value-added, senior loans for real estate
The Korea Federation of SMEs (KBIZ) bet on value-added and senior loans in global real estate investment this year, the institutional investors&rsqu...
Oct 28, 2022 (Gmt+09:00)
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Leadership & Management
Jay Y. Lee inaugurated as chairman of Samsung Electronics
Samsung Electronics Co.'s leader Jay Y. Lee was promoted as the company's chairman on Oct. 27.Samsung Electronics' board of directors approved the a...
Oct 27, 2022 (Gmt+09:00)
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Leadership & Management
CJ Group reshuffles CEOs with woman at helm of Olive Young
South Korea’s CJ Group carried out a CEO and executive reshuffle on Oct. 24 around two months earlier than previous year-end promotions to imp...
Oct 25, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Carlyle, GS Group to buy Korean dental scanner maker
US private equity giant The Carlyle Group and South Korean energy-to-retail conglomerate GS Group will acquire Medit Corp., the world’s third-...
Oct 25, 2022 (Gmt+09:00)
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Investment banking
Goldman taps TPG Korea's Lee as Seoul office PE head
Goldman Sachs Group Inc. is set to hire Lee Seung-june, managing director at US investment firm TPG's Seoul office, as Goldman Sachs' private equity...
Oct 21, 2022 (Gmt+09:00)
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Foreign exchange
NPS emerges as savior of Korea’s ailing won currency
The South Korean state-run National Pension Service (NPS) has been spotted selling dollars for won, supporting the ailing local unit, as the world&r...
Oct 20, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Samsung launches upgraded digital wallet to take on Apple Pay
South Korea’s tech giant Samsung Electronics Co. said on Friday it is launching its digital wallet platform in 13 more countries by year-end t...
Oct 14, 2022 (Gmt+09:00)
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Korean startups
Lab-grown fish, smart pillow: LG’s choices for future
Startups making lab-cultured seafood, smart pillows and others showcased their innovative products at an exhibition hosted by LG Group, South Korea&...
Oct 14, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Hansol Group, KAIST to launch new tech, AI research center
South Korea’s Hansol Group and the Korea Advanced Institute of Science and Technology (KAIST) have agreed to establish a research center to de...
Oct 13, 2022 (Gmt+09:00)
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Corporate strategy
Hanwha Group needs to stay innovative to succeed, CEO says
South Korea’s chemicals-to-defense conglomerate Hanwha Group needs to look ahead and prepare for the next century, its Chairman and CEO Kim Se...
Oct 11, 2022 (Gmt+09:00)
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Healthcare
Celltrion targets digital healthcare sector with app
Celltrion Inc., South Korea’s biopharmaceutical giant, made a foray into the digital healthcare sector for its future growth by launching a sm...
Oct 05, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT rebrands Olleh TV as Genie TV to transform into media portal
South Korea’s telecom giant KT Corp. is rebranding its IPTV service Olleh TV as Genie TV as part of its efforts to transform into a media port...
Oct 05, 2022 (Gmt+09:00)
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Arts
LG Display holds digital art exhibition in London
South Korea’s LG Display Co. is holding a digital art exhibition in London for works created on its organic light-emitting diode (OLED) panels...
Sep 29, 2022 (Gmt+09:00)
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Korean chipmakers
NAND chips may sustain double-digit price drops in Q4
NAND flash memory chip prices are expected to sustain a double-digit decline in the fourth quarter of this year due to oversupply and waning demand,...
Sep 27, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Aircraft maker KAI: Hanwha Group's new M&A target?
Hanwha Group’s agreement to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering (DSME) Co. for 2 trillion won ($1.4 billio...
Sep 27, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korea's SBW Group eyes bid for textile giant Lycra
South Korean fashion business operator SBW Group is joining the race to acquire global leading textile firm The Lycra Company, investment banking so...
Sep 23, 2022 (Gmt+09:00)
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Foreign exchange
Korea FX authorities, NPS agree on currency swap; won flat
South Korea’s foreign exchange authorities and the state-run National Pension Service (NPS) agreed to open a currency swap line for the first ...
Sep 23, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Korea to raise tax credits on OTT content for future growth
Studio Dragon Corp., South Korea’s leading drama production house, spent 26 billion won ($18.5 million) on Vincenzo, aired in 2021, and receiv...
Sep 23, 2022 (Gmt+09:00)
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Corporate strategy
SK’s Chey says survival is now top priority over profits
SK Group Chairman Chey Tae-won says that survival now takes top priority over profits and management efficiency as escalating tensions between the U...
Sep 22, 2022 (Gmt+09:00)
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Central bank
BOK chief signals another big step as Fed hike haunts won
South Korea’s central bank on Thursday signaled another 50-basis-point policy interest rate hike as the won currency weakened past the psychol...
Sep 22, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai, Iveco unveil jointly developed hydrogen van
South Korea's Hyundai Motor Co. and Italian truck maker Iveco Group on Monday showcased a large commercial van powered by hydrogen, which they had j...
Sep 19, 2022 (Gmt+09:00)
Latest News
- 1 Hyundai, Kia’s H1 vehicle sales in Singapore double, aided by HMGICS
- 2 Korea’s reshoring companies pale amid lack of support, incentives, tax breaks
- 3 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 4 AI startup MarqVision raises $16.5 mn to close Series A
- 5 Taihan Cable wins $630 mn power grid project in Singapore