high-end
Scope
Date
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Earnings
Celltrion’s Q3 earnings beat market consensus to hit record high
South Korean biosimilar maker Celltrion Inc's operating profit topped market expectations by more than 20% in the third quarter, hitting a record high...
Nov 10, 2020 (Gmt+09:00)
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Korean chipmakers
SK Hynix’s 2020 non-memory chip sales seen to hit record high
SK Hynix Inc. is on track to record its highest sales from its non-memory chip business this year after the world’s second-largest DRAM memory c...
Nov 09, 2020 (Gmt+09:00)
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Earnings
Kakao’s Q3 sales, operating profit soar on e-commerce, online ad gains
South Korea’s mobile platform giant Kakao Corp. said Thursday its operating profit and sales jumped to their all-time highs in the third quarter...
Nov 05, 2020 (Gmt+09:00)
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Economy
S. Korea’s current account surplus at 2-yr high; full-year surplus to top BOK forecast
South Korea’s current account surplus rose in September to its highest level in two years on the back of rebounding exports of chips and automob...
Nov 05, 2020 (Gmt+09:00)
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Economy
S. Korea's FX reserves rise for 7th straight month to record-high $426.5 bn
South Korea's foreign exchange reserves rose for a seventh straight month to a fresh record high in October due to gains in non-dollar assets and incr...
Nov 04, 2020 (Gmt+09:00)
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Earnings
LG Electronics posts record-high Q3 sales, operating profit
LG Electronics Inc.’s quarterly operating profit and sales surged thanks to solid growth in its television and home appliance segments and small...
Oct 30, 2020 (Gmt+09:00)
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Earnings
Pandemic lifts Naver's Q3 sales to all-time high, net profit triples
South Korea’s largest internet portal Naver Corp.’s third-quarter net profit nearly tripled, while its sales rose to a record high, driven...
Oct 29, 2020 (Gmt+09:00)
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Earnings
Samsung Elec posts record-high quarterly sales, warns of Q4 profit decline
Samsung Electronics Co.’s third-quarter operating profit rose to its highest level in two years on firm demand in smartphones and memory chips, ...
Oct 29, 2020 (Gmt+09:00)
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Display earnings
LG Display swings to Q3 profit, ending six-quarter string of losses
LG Display Co., a major South Korean display panel maker, has swung to a quarterly profit for the first time in seven quarters on growing demand amid ...
Oct 22, 2020 (Gmt+09:00)
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Biotech stocks
Once high-flying bio stock hit by financial scandal
Helixmith Co., once No.2 stock on the junior Kosdaq market, has lost 40% in the past week following its disclosure of $233 million investment in high-...
Oct 21, 2020 (Gmt+09:00)
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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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Foreign exchange
Korean won hits 19-month high; all eyes on US election
The South Korean won is riding high against the dollar amid expectations of a new US stimulus package, as presidential candidate Joe Biden’s lik...
Oct 21, 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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Automobiles
Robust SUV sales drive Korean carmakers’ US market share to 9-yr high
South Korean automakers’ share of the US passenger car market has risen to its highest level in nine years, boosted by brisk sales of sport util...
Oct 05, 2020 (Gmt+09:00)
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KB Financial to end coal project financing for low-carbon economy
KB Financial Group will no longer finance coal power projects at home and abroad, nor invest in them, said the South Korean banking group, with a set ...
Sep 28, 2020 (Gmt+09:00)
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BTS label Big Hit prices IPO at top end of range at $115
Big Hit Entertainment Co. has priced its public share offering at the top end of its proposed range at 135,000 won ($115), with bids outnumbering offe...
Sep 28, 2020 (Gmt+09:00)
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Airline industry
Asiana again placed under creditor control; resale unlikely by year-end
Creditors of Asiana Airlines Inc. have decided to place the financially troubled carrier under their control after officially declaring the collapse o...
Sep 11, 2020 (Gmt+09:00)
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Central bank
BOK to buy $4.2 bn in state bonds by year-end to stabilize debt market
The Bank of Korea will buy state bonds worth 5 trillion won ($4.2 billion) directly from the market by the end of this year to stabilize the local deb...
Sep 08, 2020 (Gmt+09:00)
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Alternative investment
KTCU bumps up global PE investment by 90% since end-2018
The Korean Teachers’ Credit Union (KTCU) has pushed up overseas private equity investments by 90% to 1.9 trillion won ($1.6 billion) over the pa...
Sep 08, 2020 (Gmt+09:00)
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Markets
Sale of Korea’s bank debentures hits all-time high as capital reserves shrink
Bond issuance by South Korean banks has risen to a record high as banks move to secure adequate capital to ride out any short-term liquidity disruptio...
Sep 01, 2020 (Gmt+09:00)
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Kakao Games
Kakao Games bookbuilding draws record-high demand
Kakao Games Corp. posted record-high demand during its bookbuilding for institutional investors on August 25 and 26, according to the company's regula...
Aug 31, 2020 (Gmt+09:00)
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Corporate bankruptcy
Corporate bankruptcy filings hit all-time high in Korea amid global pandemic
Corporate bankruptcy cases in July posted a historic high with 103 filings, mirroring the global impact of the pandemic and its heavy blow to Sou...
Aug 21, 2020 (Gmt+09:00)
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Central bank
Record-high Q2 Korean household debt heats up property, stock markets
South Korea’s household debt surged to the highest level in its history in the second quarter of the year, led by soaring mortgage loans and sec...
Aug 21, 2020 (Gmt+09:00)
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Markets
Korean retail investors' offshore stock purchases hit record high in July
South Korean individuals purchased a record amount of shares in overseas markets last month as they looked beyond the local bourse for bigger returns....
Aug 20, 2020 (Gmt+09:00)
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Merger review
Merger reviews hit record high in H1 with 424 cases worth $125.5 bn
The number of merger reviews has hit a record high in Korea for the first half of the year, with 424 filings made to the Korea Fair Trade Commission (...
Aug 13, 2020 (Gmt+09:00)
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Markets
Korea’s economically inactive population rises to record high in July
Hit hardest by the fallout of the coronavirus pandemic, South Korea’s jobless rate rose to the highest level in two decades, while many people w...
Aug 12, 2020 (Gmt+09:00)
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KOSPI
Kospi's 12-month P/E ratio hits a 13-year high
Kospi has posted a 13-year high with 12-month forward price-earnings ratio recording 12.84 times on August 6, according to financial data provide...
Aug 10, 2020 (Gmt+09:00)
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Markets
Korean stocks end at highest level in 2 years as ants load up
South Korean shares rallied for a second consecutive session on Wednesday, ending at the highest level in nearly two years, as individual investors sn...
Aug 05, 2020 (Gmt+09:00)
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Logistics
Korean logistics centers see high demand from untact businesses amid global pandemic
Logistics center operations in Korea have remained strong amid the global pandemic on account of e-commerce and third-party logistics' ...
Jul 22, 2020 (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