Kospi listed firms
Scope
Date
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Artificial intelligence
Naver’s search engine dominance under siege as Google, MS advance
South Korea’s online portal Naver Corp., the undisputed search engine leader in the domestic market for decades, is under siege as global Big ...
May 23, 2023 (Gmt+09:00)
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Energy
Korean biodiesel firm Dansuk sets sights on battery recycling business
KUNSAN, North Jeolla Province – Dansuk Industrial Co., a South Korean fine chemical company, has for decades produced polyvinyl chloride (PVC)...
May 23, 2023 (Gmt+09:00)
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Bio & Pharma
CrystalGenomics to sell largest 20% stake to Invites Healthcare for $44 mn
CrystalGenomics Inc., South Korea’s first-generation biopharma venture company, will sell new shares worth 58 billion won ($44 million) in a b...
May 23, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Korea's two ride hailing apps to merge in H1, become top operator
South Korea’s ride hailing apps TADA and i.M are set to complete their merger as early as the first half of this year, aiming to become the co...
May 22, 2023 (Gmt+09:00)
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Korean stock market
Foreigners gobble up chip stocks in S.Korea, buoying overall Kospi
Foreign investors' appetite for South Korean stocks remains insatiable, mainly for semiconductor heavyweights, underscoring their high expectations ...
May 19, 2023 (Gmt+09:00)
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Capital raising
LS Group's US affiliate SPSX to raise $150 mn in pre-IPO
LS Group’s US cable affiliate Superior Essex (SPSX) plans to raise $150 million (200 billion won) via a South Korean private equity fund (PEF)...
May 19, 2023 (Gmt+09:00)
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Machinery
Hanmi Semiconductor named world’s top 10 chip equipment maker
South Korean chip equipment maker Hanmi Semiconductor Co. on Thursday said it made the world’s top 10 in the rankings of TechInsights, a globa...
May 19, 2023 (Gmt+09:00)
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Logistics
Samsung SDS bolsters Cello Square with tech upgrades, global push
Samsung SDS Co., the information technology service unit under Samsung Group, has upgraded its digital forwarding freight service platform to bring ...
May 18, 2023 (Gmt+09:00)
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Regulations
Korea to require pre-disclosure of major shareholder stake sales
South Korea is set to require pre-disclosures of major shareholders’ listed company stake sales in an aim to prevent tumbles in stock prices.A...
May 17, 2023 (Gmt+09:00)
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Bio & Pharma
NKMax submits US subsidiary's securities report to SEC
The listing in the US of NKGen Biotech, the American subsidiary of South Korean developer of natural killer (NK) cell therapy NKMax Co., is coming i...
May 17, 2023 (Gmt+09:00)
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Banking & Finance
Mirae Asset Securities acquires European ETF market maker GHCO
Mirae Asset Securities UK, the UK corporation of South Korea's Mirae Asset Securities, announced on Monday that it has acquired GHCO, a market-makin...
May 16, 2023 (Gmt+09:00)
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Batteries
LG Chem aims higher for battery materials with diverse portfolio
South Korea’s LG Chem Ltd. on Tuesday revised up its 2030 sales goal for battery materials by 45% after it delivered stronger-than-expected re...
May 16, 2023 (Gmt+09:00)
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Energy
Samsung Engineering, OMV sign agreement for modular project
South Korea's Samsung Engineering has partnered with global integrated energy company OMV for project collaboration. Samsung Engineering announced T...
May 16, 2023 (Gmt+09:00)
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Business & Politics
LS Electric to unveil eco-friendly smart energy techs in Vietnam
South Korea's LS Electric Co. announced on Monday its participation in the highly anticipated "Electric Energy Show 2023" to be held in Hanoi, Vietn...
May 15, 2023 (Gmt+09:00)
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Steel
Jang Se-joo returns as Dongkuk chairman, launches holding firm
Jang Se-joo, former chairman of South Korea’s Dongkuk Steel Mill Co., has returned to the top post after an eight-year hiatus as the steelmake...
May 12, 2023 (Gmt+09:00)
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Earnings
KEPCO vows to save $19 bn in 5 yrs; CEO offers to resign over swelling losses
South Korea’s state-run utility monopoly Korea Electric Power Corp. (KEPCO) on Friday vowed to save nearly 26 trillion won ($19.5 billion) ove...
May 12, 2023 (Gmt+09:00)
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Business & Politics
US eyes new rules for Samsung, SK to bring chip machines to China
The US government is considering establishing new rules for South Korea’s chipmakers to import advanced equipment to China to upgrade their fa...
May 10, 2023 (Gmt+09:00)
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Banking & Finance
Mirae Asset Securities joins Singapore Exchange's trading membership
South Korea's Mirae Asset Securities has made history as the first Korean financial investment firm to join the Singapore Exchange's (SGX) trading...
May 10, 2023 (Gmt+09:00)
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Bio & Pharma
Huons sees tripling of lidocaine vial output in 3 years
South Korea’s Huons Co., an anesthetics vial producer, aims to triple its lidocaine output from 2026, targeting the US market, where it fills ...
May 09, 2023 (Gmt+09:00)
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Korean startups
S.Korean startups eye on Southeast Asia as promising market
SINGAPORE - Southeast Asia with a youth population constituting about one-third of the region’s total population and surging internet penetrat...
May 08, 2023 (Gmt+09:00)
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Korean stock market
Defense, healthcare lure global funds in dull market
Defense, healthcare and semiconductor materials companies have been the main investment targets of global funds such as Fidelity and Morgan Stanley ...
May 04, 2023 (Gmt+09:00)
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Regulations
Samsung vetoes Broadcom's proposed measures to avoid Korean penalties
Samsung Electronics Co. and other South Korean tech companies opposed measures proposed by Broadcom Inc. to avoid penalties by the country’s a...
May 04, 2023 (Gmt+09:00)
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Bio & Pharma
Merck to build biopharma raw material plant in Korea
Global pharmaceutical company Merck is considering a plan to establish a biopharmaceutical raw material production facility in Daejeon.South Korean ...
May 03, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea’s four firms to develop domestic tech for carbon capture
South Korea's shipbuilding and shipping companies, including HMM Co., Samsung Heavy Industries, marine equipment manufacturer Panasia and the ship i...
Apr 28, 2023 (Gmt+09:00)
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Sovereign wealth funds
KIC mulls expanding assets in Asian emerging markets: CEO
NEW YORK – Sovereign wealth fund Korea Investment Corporation (KIC) is considering expanding alternative investments in Asian emerging markets...
Apr 28, 2023 (Gmt+09:00)
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Bio & Pharma
Kakao Healthcare teams up with US digital, biohealth firms
Kakao Healthcare, a digital healthcare platform unit of South Korea's Kakao Group, has teamed up with US digital and health companies such as DexCom...
Apr 28, 2023 (Gmt+09:00)
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Korean games
DevSisters starts pre-booking Cookie Run: Kingdom in China
South Korean game developer DevSisters Corp. announced on Friday that its globally popular mobile game "Cookie Run: Kingdom" has opened pre-registra...
Apr 28, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Korea's Kakao Pay to buy 51% of US financial firm Siebert
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., announced on Thursday it has signed an a...
Apr 27, 2023 (Gmt+09:00)
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Korean SMEs
S.Korea gov’t hosts sales event for domestic, US SMEs
South Korean small- and medium-sized enterprises (SMEs) expanded their exchange and cooperation with US firms during President Yoon Suk yeol's state...
Apr 26, 2023 (Gmt+09:00)
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The KED View
In South Korea, innovation is subject to regulatory approval
In a country like South Korea with few natural resources to run its economy, innovations or brilliant business ideas are crucial to its survival.It ...
Apr 26, 2023 (Gmt+09:00)
Latest News
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