Kim Dong-won
Scope
Date
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Economy
Weakening won: A double-edged sword for the Korean economy
A weakening won is usually a bonus for the South Korean economy as it strengthens the export-dependent country’s price competitiveness in over...
May 15, 2022 (Gmt+09:00)
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Foreign exchange
Korea President Yoon to hold emergency meeting over won
South Korea’s new President Yoon Suk-yeol called an emergency meeting as the won currency tumbled to its weakest level since the 2008-09 globa...
May 12, 2022 (Gmt+09:00)
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Mobile networks
Samsung wins US 5G equipment order from Dish Network
Samsung Electronics Co. has been chosen to supply 5G network equipment to Dish Network Corp., a US wireless carrier in the middle of building a 5G n...
May 03, 2022 (Gmt+09:00)
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Foreign exchange
Korean won at 2-year low, adding to inflationary pressure
South Korea’s won currency skidded to the lowest level in more than two years on Thursday, adding to fears over growing inflationary pressure ...
Apr 28, 2022 (Gmt+09:00)
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Private equity
Blackstone taps ex-Citibank Korea CEO as Seoul office head
The Blackstone Group has named Ha Yung-Ku, who had led Citibank Korea for nearly 14 years, as chairman of its South Korean operations as the US inve...
Apr 27, 2022 (Gmt+09:00)
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Private equity
Affinity Equity to refinance Serveone to recoup investment
Affinity Equity Partners is in the process of raising 700 billion won ($565 million) to recapitalize South Korea's Serveone Co. in an attempt to rec...
Apr 22, 2022 (Gmt+09:00)
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Foreign exchange
Surging dividend outflows to hit Korea's current account balance, won
Dividend payments of foreign companies operating in South Korea have nearly doubled and the repatriation of profit to their headquarters is expected...
Apr 18, 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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Mergers & Acquisitions
Smartphone material maker NexFlex draws bidders
NexFlex Co., South Korea's largest manufacturer of flexible copper clad laminates (FCCLs) used for smartphones, has drawn around half a dozen prelim...
Apr 01, 2022 (Gmt+09:00)
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Foreign exchange
Korea won at three-year high vs yen on rate differentials
South Korea’s won currency on Monday hit its strongest point against the Japanese yen in more than three years on higher interest rates and co...
Mar 28, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai files complaint against EU's veto of DSME merger
HD Hyundai, formerly known as Hyundai Heavy Industries Holdings Co., has filed a complaint against the European Commission, the executive body of th...
Mar 28, 2022 (Gmt+09:00)
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RFPs
SK Ecoplant eyes H2 2023 Kospi listing
SK Ecoplant Co., South Korea's largest waste management company, said on Monday it has sent a request for proposal to major brokerage companies at h...
Mar 21, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Billionaire Kakao chairman Brian Kim resigns
Kakao Corp. founder and chairman Brian Kim said on Monday that he will step down from the tech giant’s board of directors, following a series ...
Mar 14, 2022 (Gmt+09:00)
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Executive reshuffles
Billionaire Kakao chairman Brian Kim resigns
Kakao Corp. founder and chairman Brian Kim said on Monday that he will step down from the board of directors, following a series of scandals that ro...
Mar 14, 2022 (Gmt+09:00)
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Korean startups
Translink and Banks Foundation form $10 mn fund for S.Korean startups
South Korea’s venture capital firm Translink Investment and non-profit organization Banks Foundation for Young Entrepreneurs agreed to launch ...
Mar 14, 2022 (Gmt+09:00)
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Venture capital
Blockchain VC Hashed forecasts emergence of protocol economy
Blockchain-focused venture capital firm Hashed says it is determined to show how pervasive the digital ledger technology is in our society – t...
Mar 14, 2022 (Gmt+09:00)
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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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Foreign exchange
Korean won nears 2-year low, adds to inflation woes
The South Korean won currency tumbled to its lowest point in almost two years on Friday, adding to inflationary pressure in Asia’s fourth-larg...
Mar 04, 2022 (Gmt+09:00)
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Economy
Korea GNI per capita at record on strong economic growth
South Korea’s gross national income (GNI) per capita hit a record high last year on strong economic growth, as well as the firm won currency a...
Mar 03, 2022 (Gmt+09:00)
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Korean games
Nexon founder Kim Jung-ju dies at 54
Kim Jung-ju, the founder of global gaming giant Nexon Co. died in late February. He was 54.NXC Corp., the holding company of Nexon, announced on T...
Mar 01, 2022 (Gmt+09:00)
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Economy
Korea’s record household debt may hurt consumption
South Korea’s household debt hit a record on surging property prices, stoking concerns over a slowdown in private consumption in Asia’s ...
Feb 22, 2022 (Gmt+09:00)
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Banking & Finance
Korea’s record liquidity growth raises inflation, asset prices
South Korea’s money supply increased at the fastest pace in history last year, exceeding liquidity growth in the eurozone, which accelerated i...
Feb 17, 2022 (Gmt+09:00)
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Foreign exchange
Korea to reform FX market to join MSCI developed markets
South Korea is set to reform the local currency market as the country aims to reach MSCI Inc.’s developed market status for its domestic stock...
Jan 25, 2022 (Gmt+09:00)
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IPOs
Korea’s biotech startup Voronoi to go public in March
South Korea’s biotechnology startup Voronoi Inc. plans an initial public offering in March to raise up to 130 billion won ($108.4 million).Vor...
Jan 25, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Kia lead rivals in 2022 US best car awards
Hyundai Motor Group’s major auto brands have won a record number of best car awards by the U.S. News & World Report in recognition of thei...
Jan 24, 2022 (Gmt+09:00)
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Chief Executives
Kurly CEO Sophie Kim on the road less traveled
Kurly Inc. CEO Sophie Kim had her first quarrel with her husband while waiting two hours in line to get into the parking lot of Costco.Reminiscing...
Jan 19, 2022 (Gmt+09:00)
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ETFs
Mirae Asset’s global ETFs top 100 trillion won mark
Mirae Asset Global Investments Co.’s global equity-traded funds (ETFs) topped the 100 trillion won mark, for the first time in the South Korea...
Jan 14, 2022 (Gmt+09:00)
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Energy
Hanwha Solutions shares rebound to near 40,000 won mark
Hanwha Solutions Corp. shares are rebounding after a two months-long slide. The bounce back comes on the back of expectations that its operating pro...
Jan 11, 2022 (Gmt+09:00)
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Foreign exchange
Korean won touches 18-month low as Fed may raise rates sooner
South Korea’s won currency hit a 1-1/2-year low as the US Federal Reserve signaled the central bank may raise interest rates sooner than expec...
Jan 06, 2022 (Gmt+09:00)
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Latest News
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