business governance structure
Scope
Date
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Earnings
LG Energy Q1 profit beats forecast on strong demand, price hikes
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, reported a lower-than-expected decline in quarterly profit...
Apr 07, 2022 (Gmt+09:00)
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Energy
S.Korea to scrap plans to sell Ambatovy mine stake
President-elect Yoon Suk-yeol will scrap the outgoing government’s plan to sell off its stakes in loss-making overseas mines, including the Am...
Apr 07, 2022 (Gmt+09:00)
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Regulations
FTC pushes to monitor foreign conglomerate owners
South Korea’s Fair Trade Commission (FTC) is one step closer to including foreign nationals to its list of owner-cum-heads of conglomerates ...
Apr 07, 2022 (Gmt+09:00)
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Earnings
Samsung sees record first-quarter sales; business outlook murky
Samsung Electronics Co. likely posted record revenue in the first quarter, driven by brisk sales of memory chips and smartphones. Its shares, howeve...
Apr 07, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix, Solidigm unveil SSD for data centers
South Korea's SK Hynix Inc., the world’s top-tier semiconductor manufacturer, unveiled its new solid-state drive (SSD) for data centers on A...
Apr 05, 2022 (Gmt+09:00)
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Central bank
BOK chief nominee to curb household debt through interest rates
South Korea’s central bank chief nominee said on Friday he will use interest rates to tackle household debt in Asia’s fourth-largest eco...
Apr 01, 2022 (Gmt+09:00)
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Corporate restructuring
Telecom giant KT considers turning into holding company structure
KT Corp., a major South Korean telecommunications company, is considering changing into a holding company structure in an effort to boost the compan...
Apr 01, 2022 (Gmt+09:00)
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IPOs
SK Innovation to list battery unit 2025 at earliest
South Korean SK Innovation Co. does not expect to list its battery subsidiary until at least 2025, the company’s chief executive said on Thurs...
Mar 31, 2022 (Gmt+09:00)
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Shareholder activism
Activist fund wins over K-pop pioneer at SM Entertainment annual meeting
South Korea’s entertainment behemoth SM Entertainment Co. is poised to have a new outside auditor – a measure expected to bring a much-a...
Mar 31, 2022 (Gmt+09:00)
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Hyundai E&C, Holtec sign nuclear power plant decommissioning deal
Hyundai Engineering & Construction Co. is tapping into the US nuclear power plant dismantlement market by expanding its partnership with Holtec ...
Mar 31, 2022 (Gmt+09:00)
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Bio & Pharma
Samsung’s Life Science Fund invests in US biotech Jaguar Gene Therapy
Samsung Group’s 150 billion won ($124 million) Life Science Fund launched last year has chosen a leading US gene therapy development company a...
Mar 30, 2022 (Gmt+09:00)
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Corporate restructuring
Hanwha Solutions to raise $491 mn with materials unit split-off
South Korea’s Hanwha Solutions Corp. is set to split off its advanced materials business and sell a stake in the unit to raise $491 million fo...
Mar 29, 2022 (Gmt+09:00)
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Corporate strategy
SK Chemicals to invest $1.6 bn in green, biopharmaceutical sectors
South Korea’s SK Chemicals plans to invest more than 2 trillion won ($1.6 billion) in eco-friendly material and biopharmaceutical businesses.T...
Mar 28, 2022 (Gmt+09:00)
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Foreign exchange
Korea won at three-year high vs yen on rate differentials
South Korea’s won currency on Monday hit its strongest point against the Japanese yen in more than three years on higher interest rates and co...
Mar 28, 2022 (Gmt+09:00)
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Beauty & Cosmetics
LG Household to lower reliance on Chinese market as shares slump
LG Household & Health Care Ltd. was one of the most coveted shares on the Korean bouse in the past couple of years as the company basked in the ...
Mar 25, 2022 (Gmt+09:00)
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Blockchain
Samsung, LG, SK step up push into blockchain market
Top South Korean conglomerates such as Samsung, LG and SK are stepping up efforts to build a presence in the blockchain and crypto-asset markets, a ...
Mar 24, 2022 (Gmt+09:00)
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Entertainment
Entertainment shares shine as BTS, Twice return to stage
South Korean entertainment stocks rallied as K-pop stars such as BTS and Twice return to the stage amid global economic reopening with growing hopes...
Mar 23, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Hyundai Dept. Store to buy Zinus for $735 mn
South Korea’s major retailer Hyundai Department Store Group is set to buy Zinus Inc., a maker of best-selling mattresses in North America for ...
Mar 22, 2022 (Gmt+09:00)
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Banking & Finance
Korean online banks’ disruptive business model: Woo low-credit borrowers
South Korea’s three major digital banks are stepping up their credit loans to borrowers with low credit ratings, a disruptive business model s...
Mar 22, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha invests another $11 mn in US communications firm Kymeta
Hanwha Systems Co., the defense and air mobility unit of South Korea’s Hanwha Group, made another investment of $11 million in Kymeta Corp., a...
Mar 16, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Innocean to wholly own US media agency Canvas with 49% stake buy
Innocean Worldwide Holdings Inc., a South Korean marketing company, will wholly own US media agency joint venture Canvas Worldwide LLC by acquiring ...
Mar 16, 2022 (Gmt+09:00)
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Airlines
Global airlines raise flights to pre-COVID levels on border reopening
Global airlines are increasing flights to pre-pandemic levels as countries worldwide are opening up their borders to support the tourism sector, ram...
Mar 14, 2022 (Gmt+09:00)
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Real estate
Offices in Gangnam attract global investors amid market volatility
South Korean and overseas institutional investors are eyeing offices in Gangnam District, Seoul, amid concerns over inflation and market volatilit...
Mar 14, 2022 (Gmt+09:00)
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War in Ukraine
Korea jittery over oil, gas, commodity weaponization
South Korea’s energy and raw materials imports have surged to all-time highs in value terms in the wake of Russia’s invasion of Ukraine,...
Mar 13, 2022 (Gmt+09:00)
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Energy
Suresofttech wins deal to verify NuScale’s mini reactor software
Suresofttech Co., a South Korean developer of verification tools for software quality, has won a deal to check a key system in small-size reactors m...
Mar 11, 2022 (Gmt+09:00)
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Carbon neutrality
SK E&S to start business of carbon storage in depleted gas fields
South Korea’s SK E&S Co. is set to enter the business of carbon storage in depleted gas fields.The natural gas business unit of SK Group s...
Mar 10, 2022 (Gmt+09:00)
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Business & Politics
President-elect Yoon pledges drastic deregulation, with one exception
Conservative candidate Yoon Suk-yeol was elected South Korea's next president on Wednesday, narrowly beating liberal contender Lee Jae-myung from th...
Mar 10, 2022 (Gmt+09:00)
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Upcoming IPOs
Korea’s Voronoi in talks with global firms on drug designs
South Korea’s biotechnology startup Voronoi Inc. is in talks with global biomedical companies on drug designs as it aims to expand the busines...
Mar 04, 2022 (Gmt+09:00)
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Electric vehicles
Korea’s trading firms set sights on EV parts production for growth
South Korea’s general trading companies, which usually work as middlemen linking buyers with sellers, are seeking to transform into eco-friend...
Feb 22, 2022 (Gmt+09:00)
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Economy
Korea Inc. revises business plans as rising oil prices hit economy
South Korean companies are revising their business plans for this year as soaring oil prices slam Asia’s fourth-largest economy. Inflation is ...
Feb 21, 2022 (Gmt+09:00)
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