Profit-taking
Scope
Date
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Earnings
LG Chem’s Q3 profit soars, battery earnings at record high
South Korea’s LG Chem Ltd. reported on Oct. 21 that its quarterly revenue and operating profit rose to all-time highs in the July-September peri...
Oct 21, 2020 (Gmt+09:00)
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Leadership change
New Hyundai Motor Chairman Chung Euisun sets sights on future mobility
Chung Euisun, executive vice chairman of Hyundai Motor Co., has assumed the chairmanship of Hyundai Motor Group, officially confirming his ascension t...
Oct 14, 2020 (Gmt+09:00)
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Earnings
LG Chem surprises market with record Q3 earnings estimates
LG Chem Ltd., South Korea’s largest chemical and electric vehicle battery maker, expects its quarterly revenue and operating profit to rise to a...
Oct 12, 2020 (Gmt+09:00)
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Samsung Electronics
Samsung Elec flags surprise Q3 profit; to reach 2-yr high on phones, Huawei
Samsung Electronics Co.’s third-quarter profit likely jumped nearly 60% to its highest point in two years, smashing market expectations, thanks ...
Oct 08, 2020 (Gmt+09:00)
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Samsung Electronics, Huawei Technologies, Apple
Samsung Elec flags surprise Q3 profit; to reach 2-yr high on phones, Huawei
Samsung Electronics Co.’s third-quarter profit likely jumped nearly 60% to its highest point in two years, smashing market expectations, thanks ...
Oct 08, 2020 (Gmt+09:00)
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Bio
Celltrion group tipped to exceed 1 trillion won in profit; first among bio firms
South Korea’s Celltrion Inc. and its affiliates are expected to post robust operating profits this year on the back of strong sales of Remsima a...
Sep 15, 2020 (Gmt+09:00)
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Private equity
Carlyle flexes muscles in Korean financial industry as Lee takes helm
The Carlyle Group has been growing its presence in South Korea after sealing a string of investment and business deals with top Korean financial servi...
Sep 07, 2020 (Gmt+09:00)
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Batteries
Korean battery makers take charge in global EV market outperforming rivals
South Korean battery makers LG Chem Ltd., Samsung SDI Co., and SK Innovation Co. are steaming ahead in the global electric vehicle market pulling in a...
Sep 01, 2020 (Gmt+09:00)
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IPO
Former Toshiba Memory eyes October IPO; will SK Hynix take profit?
Global memory-chip maker Kioxia Holdings Corporation is poised for listing on the Tokyo Stock Exchange in October, set to be Japan's biggest initial p...
Aug 26, 2020 (Gmt+09:00)
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Entertainment
[Interview] Manga platform Piccoma ready to take over Japan's comics market
Manga platform Piccoma is gearing up to take over Japan’s massive digital comics market as the company continues to see prominent growth in its ...
Aug 11, 2020 (Gmt+09:00)
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Private equity
Foreign insurers’ Korean units likely up for sale on tougher rules, falling profits
Following in the footsteps of Prudential Financial Inc., foreign insurance companies are expected to put their Korean units up for sale to meet tighte...
Aug 11, 2020 (Gmt+09:00)
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Hyundai Motor
Market view on Hyundai Motor takes a turn after Q2 earning surprise
The market's perception of Hyundai Motor Company has taken a turn, from considering the Korean automaker as a value stock to seeing it as a growth sto...
Jul 27, 2020 (Gmt+09:00)
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Pension fund
Korean public employees’ pension to take more FX risk from alternatives
The Government Employees Pension Service (GEPS) plans to abandon its principle of hedging currency exposure from investing in overseas alternatives, a...
May 21, 2020 (Gmt+09:00)
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Pension fund
Korea’s Europe property investment hits record; France takes one-third
South Korean institutions, including pension funds and insurance companies, poured a record 12.5 billion euros ($14 billion) into Europe’s real ...
Jan 14, 2020 (Gmt+09:00)
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Asiana Airlines
HDC-Mirae Asset consortium takes majority in Asiana Airlines for $2.2 bn
A consortium of Hyundai Development Company (HDC) and Mirae Asset Daewoo Co. Ltd. has agreed to take a 76.5% stake in Asiana Airlines Inc. for 2.5 tri...
Dec 29, 2019 (Gmt+09:00)
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Korean startups
Start-up takes stab at lithium-ion industry
What do artificial intelligence (AI) and self-driving vehicles have in common? They're both energy guzzling machines.This reason alone makes battery a...
Nov 29, 2019 (Gmt+09:00)
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Hanwha, NH Investment take $243 mn stake in Gatwick Airport
Hanwha Investment & Securities Co. Ltd. and NH Investment & Securities Co. Ltd. have acquired a combined 2.85% stake in London’s Gatwick Airpo...
Jun 25, 2019 (Gmt+09:00)
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NPS to take bolder approach to alternative investment
The National Pension Service (NPS) will speed up alternative investment decisions and expand the investment scope to include private debt and multi-as...
May 06, 2019 (Gmt+09:00)
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Cosmetics firm tops list of Korea’s profitable PE deals
The 300-billion-won ($263 million) equity investment in a South Korean cosmetics firm by a consortium of Bain Capital and Goldman Sachs in 2016 was th...
Apr 12, 2019 (Gmt+09:00)
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World’s first real estate blockchain expo to take place in Seoul
Real Estate Blockchain Expo 2018 (RBE 2018), the world’s first real estate blockchain expo, will be held in Seoul this coming September. The exp...
Jul 27, 2018 (Gmt+09:00)
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Realty Expo Korea 2018 to take place in Sept
Realty Expo Korea (REK) 2018, a global event for real estate professionals, will take place for three days between September 19 and 21 at COEX in Seou...
Mar 12, 2018 (Gmt+09:00)
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Korean insurers take bold steps toward buyout, hedge funds
Hyundai Marine & Fire Insurance Co. Ltd. has recently committed €50 million ($53 million) to a €7 billion buyout fund which British private equity...
Feb 10, 2017 (Gmt+09:00)
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Samsung’s property fund reaps $84 mn profit from sale of London office building
A real estate fund of South Korea’s Samsung SRA Asset Management Co. Ltd. has secured 100 billion won ($84 million) in capital gains from the sale of ...
Jan 20, 2017 (Gmt+09:00)
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NPS’ 2015 return beats key foreign pension funds; to take passive equities strategy
The National Pension Service’s (NPS) investment return dipped to 4.57% in 2015, but its performance outstripped those of other top five pension funds ...
Jul 04, 2016 (Gmt+09:00)
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Markets
K-pop stars earn huge capital gain from stock options
Executives and employees of top K-pop agencies such as SM Entertainment Co. and YG Entertainment Inc. are expected to earn huge capital gains from the...
1 MINUTES AGO
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