Korea naked short selling
Scope
Date
~
-
Korean food
Washington D.C. recognizes Korea as origin of kimchi
Washington D.C. has joined the three US states of California, Virginia and New York to designate Nov. 22 “Kimchi Day,” and has acknowled...
Jun 29, 2022 (Gmt+09:00)
-
Bio & Pharma
SK Bioscience wins marketing license for Korea's first COVID-19 vaccine
South Korea’s SK Bioscience Co., a biopharmaceutical unit of SK Group, has won marketing authorization for its COVID-19 vaccine from the Minis...
Jun 29, 2022 (Gmt+09:00)
language -
Travel & Leisure
Moon boats light up the birthplace of Korean Confucianism
Riding a crescent moon-shaped boat that changes colors is a must-do experience in the small South Korean city of Andong, 190 km southeast of Seoul.T...
Jun 29, 2022 (Gmt+09:00)
-
Future mobility
Hyundai’s US partner Aptiv invests in self-driving startup StradVision
Aptiv PLC, one of the world’s big three autonomous driving technology companies, has agreed to invest 50 billion won ($39 million) in StradVis...
Jun 29, 2022 (Gmt+09:00)
language -
Artificial intelligence
South Korea to invest $794 million in AI chips, nurture 7,000 experts
The South Korean government has decided to invest 1.02 trillion won ($794 million) in the artificial intelligence semiconductor sector and foster ov...
Jun 28, 2022 (Gmt+09:00)
-
Banking & Finance
Korea Woori Card to start installment finance biz in Indonesia
Woori Card Co. is set to start the installment finance business in Indonesia, Southeast Asia’s largest economy as the credit card unit of Sout...
Jun 27, 2022 (Gmt+09:00)
-
Bio & Pharma
1 in 4 biotech firms struggles with decreasing cash reserves
South Korea’s biotechnology firms – public and private alike – are facing increasingly negative financial conditions. T...
Jun 26, 2022 (Gmt+09:00)
-
Korean startups
Translink: Startup fundraising barely affected by economic downturn
Venture capital, or the business of investing in innovative private companies with growth potential, is a local endeavor most of the time.While this...
Jun 26, 2022 (Gmt+09:00)
-
Korean stock market
S.Korea stocks see dead cat bounce; outlook remains gloomy
South Korea’s shares on Friday rebounded after tumbling in the previous two straight sessions, outperforming their peers in Asia, but few expe...
Jun 24, 2022 (Gmt+09:00)
-
Retail
Retailers rely on property redevelopment as earnings sag
South Korea’s large retailers are keen on redeveloping their decades-old stores into modern residential and commercial complexes as a way out ...
Jun 24, 2022 (Gmt+09:00)
-
Obituary
Economist Cho Soon 'the Keynes of South Korea' dies at 94
South Korea’s former finance minister and central bank governor Cho Soon died at 94 of natural causes on Thursday.Cho, a renowned economist ca...
Jun 23, 2022 (Gmt+09:00)
language -
Energy
SK Ecoplant to inject $100 mn in Korean solar energy firm Topsun
South Korea's top waste management company SK Ecoplant Co., a unit of conglomerate SK Inc., is slated to complete talks to invest 130 billion won ($...
Jun 23, 2022 (Gmt+09:00)
-
Foreign exchange
Korea won at 13-year low on recession fears amid tightening
South Korea’s won hit a 13-year low, weakening past the psychologically important 1,300 per US dollar level for the first time since the 2008-...
Jun 23, 2022 (Gmt+09:00)
language -
Energy
Korea to reboot nuclear power sector with orders, aid
South Korea plans to rebuild the nuclear power plant industry hard hit by the previous government’s nuclear energy phasing-out policy by placi...
Jun 22, 2022 (Gmt+09:00)
language -
Energy
Shares in oil refiners hit by windfall tax concerns
Two listed oil refining companies in South Korea saw a combined 1.6 trillion won ($1.2 billion) wiped off their market cap on Wednesday, after the m...
Jun 22, 2022 (Gmt+09:00)
-
Korean chipmakers
Ex-Samsung exec says Korea chip sector needs more support
South Korea’s semiconductor sector needs more support from the government not only to compete against global rivals backed by their own govern...
Jun 22, 2022 (Gmt+09:00)
language -
Aerospace & Defense
S.Korea ushers in new space era with rocket launch success
GOHEUNG, South Korea -- South Korea opened a new space era as it succeeded in the launch of a homegrown space rocket carrying payloads to become the...
Jun 21, 2022 (Gmt+09:00)
language -
Petrochemicals
Lotte seeks to sell Pakistan arm for over 10 times return
South Korea’s Lotte Chemical Corp. has decided to put its entire stake in Pakistan-based LCPL up for sale, which may sell for up to 210 billio...
Jun 21, 2022 (Gmt+09:00)
language -
Entertainment
Korea’s adult audio platform eyes Japan for global biz
South Korea’s adult audio content platform for women raised money to make inroads into Japan as a start of its global business.Sensual Moment ...
Jun 21, 2022 (Gmt+09:00)
-
Airlines
Korea airlines’ race for Mongolian route intensifies
South Korean airlines’ competition for the Mongolian route, one of the most profitable, is heating up as low-cost carriers have joined the rac...
Jun 20, 2022 (Gmt+09:00)
language -
Venture capital
Temasek VC unit CEO sees recent downturn as investment opportunity
Vertex Venture Holdings, a venture capital unit of Singapore state investor Temasek Holdings, expects the recent global downturn to offer investment...
Jun 19, 2022 (Gmt+09:00)
-
Food & Beverage
Ottogi launches vegan tuna on rising demand for plant-based alternatives
Veganism is one of the hottest buzzwords in the food and beverage industry this year. F&B juggernauts are racing to win the hearts and tast...
Jun 17, 2022 (Gmt+09:00)
-
Airlines
Korea airlines grounded by oil, currency, interest rates
South Korea’s airlines are suffering from surging oil prices, a weaker won and rising interest rates as the global border reopening has yet to...
Jun 17, 2022 (Gmt+09:00)
language -
Automobiles
Hyundai to end hatchback coupe Veloster as Kona, Avante N favored
South Korea’s top automaker Hyundai Motor Co. will discontinue the production of its hatchback coupe Veloster to focus on the more popular hig...
Jun 17, 2022 (Gmt+09:00)
language -
Korean startups
Why India’s top talent chose S.Korea for launch of edutech startup
TagHive Inc. is an education technology startup building a bridge between South Korea and India. The company’s founder and CEO Pankaj Aga...
Jun 17, 2022 (Gmt+09:00)
-
Entertainment
TVing partners with Paramount Plus to challenge Netflix in Korea
South Korea's over-the-top streaming platform TVing Co. has partnered with global content provider Paramount Plus to challenge top OTT player Netfli...
Jun 17, 2022 (Gmt+09:00)
-
Corporate restructuring
SK Gas to sell Istanbul tunnel stake to Qatari fund for $111 mn
SK Gas Ltd., South Korea’s leading liquefied petroleum gas (LPG) supplier, is poised to sell its stake in an operator of the Eurasia Tunnel in...
Jun 16, 2022 (Gmt+09:00)
language -
Central bank
BOK may take big-step rate hike on Fed's aggressive tightening
South Korea’s central bank may raise interest rates more than usual to rein in inflation in Asia’s fourth-largest economy after the US F...
Jun 16, 2022 (Gmt+09:00)
language -
Bio & Pharma
Lotte plans to expand bio capacity in Korea and US
Lotte Group is preparing to kickstart its biopharmaceutical business as a contract development and manufacturing company (CDMO) by building a new pl...
Jun 16, 2022 (Gmt+09:00)
language -
Economy
Korea Inc. hit by rising commodity prices, weak won, supply crisis
South Korea’s major industries, especially the petrochemical and auto parts sectors, are suffering from surging global commodity prices, a wea...
Jun 15, 2022 (Gmt+09:00)
language
Latest News
- 1 SK Hynix’s turnaround gains traction from US, China
- 2 Samsung's financial arms beat No.1 banking group KB in profit
- 3 Korea’s airlines plagued by elevated fuel costs, strong dollar
- 4 LG Uplus offers Korean Air gift cards to 5G subscribers
- 5 SK Bioscience sells stake in US vaccine developer Novavax