Mirae Asset Securities global operation
Scope
Date
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Robotics
Korea’s top delivery app operator Woowa launches food delivery robot
The self-driving robot Dilly Tower of Woowa Brothers Corp., the operator of Korea’s top food delivery app Baedal Minjok, commonly known as Bae...
Nov 29, 2022 (Gmt+09:00)
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Asset management
Market volatility creates opportunities for secondary buyers: Stafford
Equity and bond portfolios' shrinking assets are major challenges currently faced by global investors in terms of asset allocation. But the situatio...
Nov 28, 2022 (Gmt+09:00)
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Construction
Hyundai Engineering completes Long Son plant project in Vietnam
South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, said Monday it has completed its co...
Nov 28, 2022 (Gmt+09:00)
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Korean startups
Sandbox Network pursues corporate restructuring to dig out of red
Sandbox Network, Inc. announced on Sunday that it will go through corporate restructuring and encourage employees to voluntarily resign, hit by cont...
Nov 28, 2022 (Gmt+09:00)
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Companies
LG HelloVision, S-1 to jointly enter home security market
South Korea's cable TV provider LG HelloVision and security company S-1 Corp. announced they will jointly develop a home-based platform using ...
Nov 25, 2022 (Gmt+09:00)
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Central bank
BOK takes 25-bp rate hike as won rebounds against dollar
South Korea’s central bank raised the base interest rate by 25 basis points to 3.25% during its monetary policy board meeting on Nov. 24, slow...
Nov 24, 2022 (Gmt+09:00)
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Korean chipmakers
Korea's SK Inc. revs up power semiconductor value chains via M&As
SK Inc., the investment arm of South Korea’s second-largest conglomerate SK Group, is ramping up its value chain of third-generation semicondu...
Nov 23, 2022 (Gmt+09:00)
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Korean startups
Medical data platform operator JNPMEDI raises $10 mn in Series A funding
Medical data platform operator JNPMEDI Inc. announced on Tuesday that it raised 14 billion won ($10.3 million) in a Series A round. Pavilion Ca...
Nov 22, 2022 (Gmt+09:00)
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Venture capital
KEB Hana secures 6% stake in Onmind, part of SK Square's porfolio
SK Square Co. announced on Monday that Onmind Inc., one of its portfolio companies, raised 2 billion won ($1.5 million) from KEB Hana Bank. The...
Nov 21, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung's chipmaking unit raises initial base salary to match SK Hynix's
Samsung Electronics Co.'s device solutions (DS) division, which manufactures semiconductors and displays, has raised its initial annual base salary ...
Nov 18, 2022 (Gmt+09:00)
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Corporate bonds
KOGAS to sell $745 mn in hybrid securities despite jittery
The state-run Korea Gas Corp. is set to raise some 1 trillion won ($745 million) by issuing hybrid securities to lower its debt ratio although the d...
Nov 18, 2022 (Gmt+09:00)
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Cryptocurrencies
FTX implosion disrupts interest issuance by GOPAX product
The implosion of the Bahamas-based crypto exchange FTX is causing ripple effects around the world, and South Korea is no exception.Seoul-based cry...
Nov 17, 2022 (Gmt+09:00)
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Logistics
Hyundai Glovis joins hands with Lion Group to move into Malaysian logistics market (edited)
Hyundai Glovis will enter the Southeast Asian logistics market in partnership with a large Malaysian company. The company, Hyundai Motor Group's log...
Nov 17, 2022 (Gmt+09:00)
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Chemical Industry
Samyang transitions to white biotech with S.Korea’s first isosorbide plant
Samyang Group, a diversified conglomerate, has long focused on the chemicals and foodstuffs sectors. While adding to its existing chemicals bus...
Nov 17, 2022 (Gmt+09:00)
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Earnings
South Korea's listed companies suffer 26% drop in operating profit in Q3
South Korea's companies listed on the main stock exchange Kospi in this year's third quarter saw operating profit drop 26% from the same period last...
Nov 17, 2022 (Gmt+09:00)
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Shareholder value
Youngone acquires $23 mn worth of Hanjin KAL shares in August
South Korean clothing and footwear distributor Youngone Corp. acquired 30 billion won ($22.8 million) worth of Hanjin KAL Corp. shares in August of ...
Nov 15, 2022 (Gmt+09:00)
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ESG
SK Geo Centric secures $363 mn in sustainability loans on favorable terms
SK Geo Centric Co., a South Korean petrochemical company, said on Tuesday it has secured 475 billion won ($363 million) in sustainability-linked loa...
Nov 15, 2022 (Gmt+09:00)
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Travel & Leisure
Yanolja to expand overseas business with global partner
South Korea's tourism platform Yanolja is expanding its overseas air and travel operations.Yanolja Cloud, an artificial intelligence-based software ...
Nov 15, 2022 (Gmt+09:00)
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Perspectives
Why the global economy needs BOK’s Rhee to stand firm
Rhee Chang-yong could be excused for never wanting to hear the word 'Legoland' again.The Bank of Korea governor spent the first six months of his tenu...
Nov 15, 2022 (Gmt+09:00)
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Future mobility
Hyundai Motor, Indonesia to jointly enter ASEAN air mobility market
South Korea’s top automaker Hyundai Motor Group and Indonesia’s Nusantara Capital City Authority have agreed to jointly enter the Southe...
Nov 14, 2022 (Gmt+09:00)
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Markets
HMM’s shares undervalued despite $12.5 billion in cashable assets
South Korea’s largest container line HMM Co. has seen its shares trapped in a boxed range for a protracted period despite its spectacular earn...
Nov 11, 2022 (Gmt+09:00)
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Batteries
LG Energy Solution diversifies supply chains to respond to US IRA
LG Energy Solution Ltd. has made a preemptive response to the Inflation Reduction Act of the US by securing the supply of lithium carbonate, a key m...
Nov 11, 2022 (Gmt+09:00)
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Logistics
Hyundai Glovis signs $796 million shipping deal with global automaker
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Friday it has clinched a 1.05 trillion won ($796 million)...
Nov 11, 2022 (Gmt+09:00)
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Future mobility
Hyundai E&C unveils 1st designs for Korean-made UAM vertiports
South Korea's Hyundai Construction and Engineering (E&C) has unveiled for the first time its concept designs for the urban air mobility (UAM) in...
Nov 11, 2022 (Gmt+09:00)
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Tech, Media & Telecom
SK Tel aims for $723 mn in subscription service transaction volume
SK Telecom Co. plans to reach 1 trillion won ($723 million) in transaction volume for subscription services such as its new T Universe. The Sou...
Nov 10, 2022 (Gmt+09:00)
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Korean startups
Danggeun Market launches professional advertising solution
South Korean startup Danggeun Market, the operator of the country’s largest neighborhood marketplace app Karrot, is ramping up efforts to incr...
Nov 10, 2022 (Gmt+09:00)
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Private equity
Korean PE firms struggle with fundraising on illiquidity
South Korean private equity (PE) firms are having trouble fundraising as institutional investors' capital for new investment is drying up amid inter...
Nov 10, 2022 (Gmt+09:00)
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E-commerce
Coupang posts first profit in 8 years after adopting rapid delivery
South Korea's Coupang CEO Kim Bom-seok has kept his promise, with his online shopping giant posting its first surplus in eight years since introduci...
Nov 10, 2022 (Gmt+09:00)
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Earnings
Lotte Chemical posts deficit for second straight quarter
Lotte Chemical on Tuesday announced that it suffered 423.9 billion won ($308 million) in operating loss on a consolidated basis in the third quarter...
Nov 09, 2022 (Gmt+09:00)
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Earnings
KT posts highest Q1-Q3 operating profit since 2012
KT Corp., South Korea’s major telecommunications firm, posted 1.5 trillion won ($1.1 billion) in cumulative operating profit for the first thr...
Nov 08, 2022 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer