Korea hydrogen fuel cell car
Scope
Date
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Food & Beverage
Korean firewater lures more young Japanese
South Korea’s distilled spirit soju is alluring more young drinkers in Japan, the home of its rival liquor shochu, as K-content such as drama ...
Apr 20, 2022 (Gmt+09:00)
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Bio & Pharma
FutureChem seeks FDA nod for prostate cancer radiopharma trials
FutureChem Co., a South Korean radiopharmaceutical company, is seeking the US Food and Drug Administration’s approval for clinical tests of it...
Apr 20, 2022 (Gmt+09:00)
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Private equity
Korea, Lone Star brace for ruling on decade-long dispute
An international arbitrator is set to rule on a decade-long legal tussle between South Korea and Lone Star Funds as early as next month over the US ...
Apr 19, 2022 (Gmt+09:00)
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Future mobility
Hilton Seoul to transform into UAM landing area
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) plans to build the country's first landing area for urban air mobility (U...
Apr 18, 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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Automobiles
SUV, minivan sales reach 52% of car market in Q1
Sales of leisure vehicles in South Korea, primarily sport utility vehicles (SUVs) and minivans, exceeded half of domestic finished car sales in the ...
Apr 18, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korea shipbuilders shine in cloudy stock market on strong orders
South Korean shipbuilders’ shares stood high in the subdued local stock market as strong order books stoked predictions of earnings improvemen...
Apr 18, 2022 (Gmt+09:00)
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Electric vehicles
Korean refiners: Lubricating the future of electric vehicles
With the rise of electric vehicles globally, South Korea’s major oil refiners are jockeying to become leading suppliers of lubricants and cool...
Apr 17, 2022 (Gmt+09:00)
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Automobiles
Kia chooses Coupang as first partner for purpose-built vehicle rollout
Kia Corp., South Korea’s second-largest automaker, has chosen Coupang Inc. as its first partner for the production of a purpose-built vehicle ...
Apr 15, 2022 (Gmt+09:00)
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COVID-19
Korea firms’ Shanghai plants to remain disrupted long on lockdown
South Korean companies’ production in Shanghai is expected to remain disrupted long on the lockdown to curb the spread of COVID-19, raising co...
Apr 15, 2022 (Gmt+09:00)
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Korean startups
S.Korea’s luxury e-commerce startups poised to become unicorns
South Korea’s e-commerce startups are enjoying massive hikes in their valuations on the back of robust online spending by millennials and memb...
Apr 14, 2022 (Gmt+09:00)
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Pension funds
Korea Post to hire two GPs for global infrastructure debt
Korea Post, South Korea's state-run postal service agency, said on April 14 that its insurance arm will select two asset managers for a maxi...
Apr 14, 2022 (Gmt+09:00)
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Central bank
BOK unexpectedly hikes interest rate as inflation accelerates
South Korea’s central bank on Thursday raised its policy interest rate in a surprise move as accelerating inflation is feared to bite into gro...
Apr 14, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Musinsa seeks to buy Japan-focused rival fashion platform
South Korea's top online fashion platform Musinsa is in the last stages of talks to acquire a domestic rival that caters primarily to Japanese shopp...
Apr 13, 2022 (Gmt+09:00)
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Bio & Pharma
Kolon Life inks technology transfer deal with Juniper Biologics
South Korea’s pharmaceutical company Kolon Life Science Inc. signed a technology export deal worth up to 723.4 billion won ($589.1 million) wi...
Apr 13, 2022 (Gmt+09:00)
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Automobiles
Shinhan Card makes strategic investment in car sales platform
South Korea’s Shinhan Financial Group is intensifying its online car sales business through partnerships with online platforms. The group&rs...
Apr 13, 2022 (Gmt+09:00)
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Bio & Pharma
FDA to review Hanmi Pharmaceutical’s Rolontis for marketing approval
The US Food and Drug Administration has begun reviewing a medicine developed by South Korea’s Hanmi Pharmaceutical Co. for marketing authoriza...
Apr 13, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE opens R&D center in Germany for future technology
Korea Shipbuilding & Offshore Engineering (KSOE), the intermediate holding company of the world’s top shipbuilder Hyundai Heavy Indus...
Apr 13, 2022 (Gmt+09:00)
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Steel
Korea Dongkuk targets record profit on Brazil CSP’s brisk earnings
Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, is expected to continue to benefit from the strong earnings of its Brazilian u...
Apr 11, 2022 (Gmt+09:00)
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Samsung Group
Samsung Group hires governance expert for unprecedented reorganization
Samsung Electronics Co. has hired a 20-year governance veteran for its much-awaited corporate governance restructuring, according to those familia...
Apr 11, 2022 (Gmt+09:00)
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Airlines
Low-carbon energy costs to haunt airlines from 2025
The European Union's tougher emission standards are creating a new headache for airline companies, which are raising their international flights to ...
Apr 11, 2022 (Gmt+09:00)
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ESG bonds
POSCO Chemical to raise $244 mn in green bonds
POSCO Chemical Co., South Korean steelmaker POSCO Group’s chemical and battery material unit, said on April 8 that it will issue green bonds w...
Apr 08, 2022 (Gmt+09:00)
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Retail
Fila Korea: Hidden beneficiary of China’s guochao fashion trend
The burgeoning Chinese fashion fad, known as guochao, has pushed out or significantly reduced the popularity and influence of Western and other well...
Apr 08, 2022 (Gmt+09:00)
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Fintech
S.Korea’s top securities firms enjoy high returns on fintech investment
South Korea’s startups raked in a record amount of investment last year, thanks to the number of unicorns reaching an all-time high.This was n...
Apr 08, 2022 (Gmt+09:00)
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Markets
S.Korea’s retail investors put record amount in overseas stocks
South Korea’s retail investors poured 22.9 trillion won ($18.8 billion) into purchasing overseas stocks last year, according to the country's ...
Apr 07, 2022 (Gmt+09:00)
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Energy
S.Korea to scrap plans to sell Ambatovy mine stake
President-elect Yoon Suk-yeol will scrap the outgoing government’s plan to sell off its stakes in loss-making overseas mines, including the Am...
Apr 07, 2022 (Gmt+09:00)
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Pension funds
Korea Post to tap two GPs for global PE secondaries
Korea Post, South Korea's state-run postal service agency, said on April 6 its savings arm will choose two asset managers for two closed-end comming...
Apr 07, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Carlyle, Solvay show interest in Korea's PI Advanced
PI Advanced Materials Co., the world’s largest polyimide (PI) film manufacturer, has drawn about 10 preliminary bidders, including The Carlyle...
Apr 07, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Slack gains more than 1,000 clients in S.Korea in just two years
The seven hottest tech companies and startups in South Korea earned a new nickname, a word combining their first syllables. What they also have in c...
Apr 06, 2022 (Gmt+09:00)
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Energy
S.Korea to scrap ambitious 2050 renewable energy target
South Korea’s incoming government will scrap the country’s ambitious goals of expanding renewable energy sources to 70% of the electrici...
Apr 06, 2022 (Gmt+09:00)