Nexon founder Kim Jung-ju shares
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Insider trading
EcoPro BM execs may step down on alleged insider trading
EcoPro BM Co., South Korea’s leading battery material producer, is considering resignations of its key executives, including the holding compa...
Feb 07, 2022 (Gmt+09:00)
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Korean games
Saudi sovereign wealth fund buys 5% stake in Nexon
Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF) has bought a 5% stake in online game developer Nexon Co., the gaming...
Feb 06, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Netmarble shares slide on report of CJ ENM's stake sale plan
Shares in South Korea's leading game developer Netmarble Corp. plunged 8.7% on Thursday to end at its lowest level in more than one and a half years...
Feb 03, 2022 (Gmt+09:00)
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Markets
Kospi melts as Fed, LG Energy spur foreign selling
South Korean stocks lost ground with the main index entering a bear market on Thursday as foreign investors intensified their selling after the US F...
Jan 27, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Barbarians at the gate: fraud-hit Osstem wooed by bankers
South Korea's Osstem Implant Co., battered by the country's largest-ever embezzlement scandal for a listed company, is now being courted by investme...
Jan 26, 2022 (Gmt+09:00)
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Fraud scandals
Lazard seeks to sell off fraud-hit Osstem Implant
Lazard Asset Management has tapped multiple professional investors in South Korea to sell off its shares in Osstem Implant Co, worth $165 million, t...
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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Monthly trade infographics
Plastics drive Korea's highest-ever exports in 2021
Plastics rise as Korean SMEs’ main export Many Korean small and medium enterprises performed exceptionally amid the economic recovery in 2021...
Jan 24, 2022 (Gmt+09:00)
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Corporate restructuring
SK's 5-year journey toward batteries, bio and chips
Back in January 2017, SK Group Chairman Chey Tae-won emphasized the need for “deep change," in his New Year message and presented the phrase a...
Jan 23, 2022 (Gmt+09:00)
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Electronics
LG Innotek shares rise despite mixed brokerage views
LG Innotek Co. stocks have been on a rising trend over the past three months and are trading at their highest-ever prices. However, there are mixed ...
Jan 21, 2022 (Gmt+09:00)
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IPOs
One in 10 Koreans rushes for LG Energy shares ahead of $8.6 billion IPO
The world’s second-largest electric vehicle battery maker LG Energy Solution Ltd. has set a new record for initial public offering demand, wit...
Jan 19, 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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Corporate strategy
NTT DoCoMo sells $370 mn KT shares to Shinhan Bank
Japan's mobile phone operator NTT DoCoMo has sold all its shares in KT Corp., worth 437.5 billion won ($370 million), to Shinhan Bank which formed a...
Jan 18, 2022 (Gmt+09:00)
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Korean stock market
Kospi in lethargic trade ahead of LG Energy debut
South Korea's benchmark stock index Kospi declined to its lowest closing level in one and a half months on Monday, moving in the opposite direction ...
Jan 18, 2022 (Gmt+09:00)
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Private equity
MBK sells 10% stake to Dyal Capital for around $1 bn
North Asia-focused MBK Partners has agreed to sell a roughly 13% stake to Dyal Capital Partners for about $1 billion, according to a Bloomberg repor...
Jan 13, 2022 (Gmt+09:00)
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Cryptocurrencies
WeMade under fire for massive clandestine WEMIX cryptocurrency sale
WeMade Co., a South Korean video game developer, has come under criticism for the massive unnoticed selling of its cryptocurrency WEMIX, allegedly i...
Jan 11, 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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Shareholder value
Tighter rules on business split-ups may benefit SK Inc.
As South Korean securities regulators are moving to tighten their grip on the growing trend of splitting up businesses and listing the spun-off arms...
Jan 11, 2022 (Gmt+09:00)
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Beauty & Cosmetics
LG Household’s China strategy put to test as shares crash
LG Household & Health Care Ltd.’s shares have been flying high since its market debut in 2001, and have more recently basked in the global...
Jan 10, 2022 (Gmt+09:00)
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Entertainment
Squid Game Player 001 wins as best TV supporting actor at Golden Globes
Netflix mega-hit Squid Game’s actor Oh Young-soo, Player 001, has won Best Performance by an Actor in a Supporting Role on TV at the 79th Gold...
Jan 10, 2022 (Gmt+09:00)
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Korean games
Nexon invests $400 mn in Avengers directors' film company
Online game developer Nexon Co. has completed a $400 million investment in AGBO, a US entertainment company founded by Avengers film series co-direc...
Jan 06, 2022 (Gmt+09:00)
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Automobiles
Self-driving car stocks to lead auto sector shares in 2022
Self-driving car-related shares failed to draw attention last year as investors focused on electric vehicles and the autonomous vehicle value chain ...
Jan 05, 2022 (Gmt+09:00)
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Shareholder value
POSCO plans to cancel treasury shares in its holding firm
Top management of South Korea's POSCO Co. has decided to cancel treasury shares in its to-be-launched holding company, in an effort to win sharehold...
Jan 05, 2022 (Gmt+09:00)
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Fraud scandals
Korean dental implant maker hit by $160 mn embezzlement
Trading in shares of South Korea's top dental implant manufacturer Osstem Implant Co. was suspended on the Kosdaq market on Monday, after the compan...
Jan 03, 2022 (Gmt+09:00)
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Korean chipmakers
Time to buy Korean chipmakers; Samsung among 2022 top picks
The year of the tiger will see decent stock price gains in leading chipmakers such as Samsung Electronics Co. and SK Hynix Inc. on expected hypersca...
Jan 03, 2022 (Gmt+09:00)
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Year-end review
Pension funds sell net $21 bn worth of shares in 2021
South Korea’s pension funds sold a net 24.5 trillion won ($20.6 billion) worth of Kospi and Kosdaq stocks this year, the largest annual ne...
Dec 31, 2021 (Gmt+09:00)
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E-commerce
Coupang's No. 2 shareholder unloads over $1 bn shares
Coupang Inc.'s second-largest shareholder Geenox Capital sold about 1.6 trillion won ($1.4 billion) worth of shares in the South Korean e-commerce p...
Dec 29, 2021 (Gmt+09:00)
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Year-end review
Korea’s Ants dump single-day record $2.7 bn shares, turn eyes overseas
South Korea’s retail investors on Tuesday dumped 3.16 trillion won ($2.7 billion) worth of shares on the country’s two main stock market...
Dec 29, 2021 (Gmt+09:00)
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E-commerce
Coupang’s share price rebounds as market digests lockup release
Shares of Coupang Inc., widely seen as the South Korean version of global e-commerce giant Amazon.com, are staging a rebound as the market is grad...
Dec 27, 2021 (Gmt+09:00)