Family SUV of the Year
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Automobiles
SUVs drive up Hyundai, Kia in US market; G80 named safest car of year
A slate of new sport utility vehicles are driving up Hyundai Motor Group's market share in the US, where its two automaking units have relied on sed...
Dec 31, 2020 (Gmt+09:00)
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Automobiles
Hyundai rolls out customer-centric luxury SUV GV70
Hyundai Motor Co. has unveiled its brand-new Genesis sport utility vehicle (SUV) model GV70, the latest urban midsize SUV from the South Korean auto...
Dec 08, 2020 (Gmt+09:00)
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Economy
Korea Inc. braces for tough year as strong KRW kicks in
South Korean exporters are bracing for a tough year with their profits poised to languish, hit by the strong won, amid expectations for a rebound in...
Dec 07, 2020 (Gmt+09:00)
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Korean games
S.Korean games, entertainment eye China return after 3-year ban
South Korea's game and entertainment companies saw their share prices surge on rising expectations of a return to the Chinese market after a Korea...
Dec 04, 2020 (Gmt+09:00)
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Economy
KRW strengthens to 2.5-year high as Korean stocks rally
The South Korean won has strengthened to its highest level in two and a half years amid local stocks’ three-day bull run to a record high on h...
Dec 03, 2020 (Gmt+09:00)
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Rights offerings
S.Korea's share issues set to hit fresh high of $17 bn by year-end
Credit crunch concerns from the early days of the COVID-19 outbreak seem long ago as South Korea-based companies' capital raising nears an all-time ...
Nov 25, 2020 (Gmt+09:00)
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CFO Insight
S-Oil says at least 20 more years to go for oil-powered cars
The penetration of electric and hydrogen-powered vehicles into the transportation industry will unlikely become a major threat to refiners over the ne...
Nov 23, 2020 (Gmt+09:00)
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Batteries
LG Chem beats CATL, Panasonic to supply batteries for Tesla’s Model Y SUV
South Korea’s LG Chem Ltd. will supply batteries to US electric vehicle giant Tesla Inc. for its latest mid-size SUV Model Y, to be manufact...
Nov 20, 2020 (Gmt+09:00)
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Korean stock market
KT&G resurfaces as coveted dividend player at year's close
KT&G Corp. has been a laggard on the main bourse for the most part of the year despite its solid financial health, putting South Korea’s dom...
Nov 20, 2020 (Gmt+09:00)
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IPOs
S. Korean COVID-19 test kit maker eyes listing next year
SD Bio Sensor, Inc., a South Korea-based manufacturer of COVID-19 test kits, is pushing to go public early next year, drawing market attention as a st...
Nov 19, 2020 (Gmt+09:00)
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Culture & Trends
Carpenters brew tea from 150-year-old Korean pine trees
GANGNEUNG, Gangwon Province -- Gangneung, on the coast east of Seoul, is famously known as a coffee destination — but there's actually another d...
Nov 18, 2020 (Gmt+09:00)
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Economy
S. Korea’s current account surplus at 2-yr high; full-year surplus to top BOK forecast
South Korea’s current account surplus rose in September to its highest level in two years on the back of rebounding exports of chips and automob...
Nov 05, 2020 (Gmt+09:00)
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Earnings
SK Hynix vows to triple NAND sales in 5 years after strong Q3
SK Hynix Inc. has vowed to triple its NAND flash memory sales within five years, buoyed by its recent acquisition of Intel Corp.’s NAND memory a...
Nov 04, 2020 (Gmt+09:00)
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Automobiles
Hyundai’s five-year journey to build a luxury car brand
At Hyundai Motor Co.'s brand launch event held on Nov. 4, 2015, someone made an unexpected appearance on the stage, surprising the crowd. It was curre...
Nov 01, 2020 (Gmt+09:00)
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Bond issue
Shinhan Card to issue $300 mn in dollar bonds; first such issue in 13 years
Shinhan Card Co. is set to issue $300 million (about 340 billion won) worth of dollar bonds at the end of this month for overseas investors, according...
Oct 06, 2020 (Gmt+09:00)
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Automobiles
Robust SUV sales drive Korean carmakers’ US market share to 9-yr high
South Korean automakers’ share of the US passenger car market has risen to its highest level in nine years, boosted by brisk sales of sport util...
Oct 05, 2020 (Gmt+09:00)
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Korean 100-year-old traditional house becomes trendy destination for cafe-goers
The life of a building emulates the human experience more than we suspect -- encountering countless number of people, wearing down with age, and event...
Sep 27, 2020 (Gmt+09:00)
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Airline industry
Asiana again placed under creditor control; resale unlikely by year-end
Creditors of Asiana Airlines Inc. have decided to place the financially troubled carrier under their control after officially declaring the collapse o...
Sep 11, 2020 (Gmt+09:00)
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Central bank
BOK to buy $4.2 bn in state bonds by year-end to stabilize debt market
The Bank of Korea will buy state bonds worth 5 trillion won ($4.2 billion) directly from the market by the end of this year to stabilize the local deb...
Sep 08, 2020 (Gmt+09:00)
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Kakao Games
Kakao Games gears up to become Korea’s IPO blockbuster of the year
Kakao Games Corp. is set to be South Korea’s biggest initial public offering of the year backed by overwhelming demand seen during its bookbuild...
Aug 27, 2020 (Gmt+09:00)
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Corporate governance
Korea's largest tiremaker mired in family feud over management control
South Korea’s largest tire manufacturer Hankook Tire & Technology Co. is in the crosshairs as the family feud over management control o...
Aug 25, 2020 (Gmt+09:00)
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Private equity
Carlyle Group to exit from Korean OEM apparel exporter in seven years
The Carlyle Group has sold off its stake in South Korea's Yakjin Trading Corp., an original equipment manufacturer (OEM) for global brands such a...
Aug 21, 2020 (Gmt+09:00)
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KOSPI
Kospi's 12-month P/E ratio hits a 13-year high
Kospi has posted a 13-year high with 12-month forward price-earnings ratio recording 12.84 times on August 6, according to financial data provide...
Aug 10, 2020 (Gmt+09:00)
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Markets
Korean stocks end at highest level in 2 years as ants load up
South Korean shares rallied for a second consecutive session on Wednesday, ending at the highest level in nearly two years, as individual investors sn...
Aug 05, 2020 (Gmt+09:00)
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South Korea's exports
[Economy] Korea exports drop by 16.6% hitting the lowest in 56 years
South Korea's exports have plunged 16.6% during the second quarter, hitting the lowest record in 56 years since the fourth quarter of 1963 when it fel...
Jul 23, 2020 (Gmt+09:00)
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Debt
Unsold corporate bonds may hit a record-high in seven years
Institutional investors are becoming wary of investing in Korean corporate bonds due to uncertainties caused by the coronavirus. As of July 20, t...
Jul 20, 2020 (Gmt+09:00)
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Asset allocation
NPS to ramp up global equities exposure over next 5 years
The National Pension Service (NPS) will continue to raise exposure to global equities over the next five years, despite concerns about the impact of t...
May 21, 2020 (Gmt+09:00)
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Real estate
Outbound real estate funds hit by first capital outflow in over 4 years
South Korea’s real estate funds for outbound investment saw their first net capital outflows in four and a half years in March, hit by delays in...
Apr 06, 2020 (Gmt+09:00)
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Alternative investment
Military Mutual Aid extends financial division CIO’s term by one year
The Military Mutual Aid Association (MMAA) has extended its financial division head’s term for another year to focus on the risk management asso...
Mar 27, 2020 (Gmt+09:00)
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PE consortium exits from Coffee Bean in six years
A consortium of private equity firms led by the US-based Advent International Corp. has exited its investment in The Coffee Bean & Tea Leaf for a ...
Jul 26, 2019 (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