hit-to-kill
Scope
Date
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COVID-19
Korea electronics, auto sectors hit by triple whammy
South Korea's electronics and auto industries, the two main pillars of Asia’s fourth-largest economy, are losing growth momentum. Demand is sl...
Aug 22, 2021 (Gmt+09:00)
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Earnings
Rising copper prices help Poongsan, hit LS-Nikko
Rising copper prices on a global economic recovery helped a South Korean non-ferrous metal product maker Poongsan Corporation improve its earnings, ...
Aug 22, 2021 (Gmt+09:00)
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Automobiles
Carmaker stocks hit speed bump of chip shortage, Delta variant
Shares in global carmakers such as Hyundai Motor Co. and Toyota Motor Corp. are tumbling. The automotive chip shortage is expected to deteriorate fu...
Aug 20, 2021 (Gmt+09:00)
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Foreign exchange
Record ‘Sell Korea’ knocks down stocks, won
Fears are growing over ‘Sell Korea’ as foreign investors dumped the country’s stocks at a record high, pushing down the won curren...
Aug 19, 2021 (Gmt+09:00)
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Samsung SDI may build battery plant in Illinois
e Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, is considering building its first US battery plant in central Il...
Aug 15, 2021 (Gmt+09:00)
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Batteries
Samsung SDI may build battery plant in Illinois
Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, is considering building its first US battery plant in central Illin...
Aug 15, 2021 (Gmt+09:00)
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Korean startups
Baby Shark creator eyes 2022 listing, begins due diligence
South Korea-based edtech startup SmartStudy, the creator of YouTube's current most-viewed video, Pinkfong Baby Shark Dance, has begun preparations f...
Aug 13, 2021 (Gmt+09:00)
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Airlines
Korean Air hits milestone of 10,000 cargo-only passenger flights
Korean Air Lines Co. (KAL) hit a milestone of having operated 10,000 cargo-only passenger flights as of Aug. 1, as the country’s top carrier g...
Aug 02, 2021 (Gmt+09:00)
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Economy
Korea July exports hit record on strong chip, auto demand
South Korea’s exports hit a record high in July on strong shipments of both main products such as cars and chips, as well as new growth ones i...
Aug 01, 2021 (Gmt+09:00)
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Earnings
Naver to boost content, shopping businesses in Q4 via Shinsegae alliance
South Korea’s top portal operator Naver Corp. plans to beef up its shopping and content businesses in the second half of this year, backed by ...
Jul 22, 2021 (Gmt+09:00)
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Capital raising
Korea Inc. rush to sell property, new shares to fund new business
South Korea’s major companies are rushing to secure cash to fund new business. Some have sold or securitized property, while others issued n...
Jul 16, 2021 (Gmt+09:00)
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Entertainment
SAMG animation hits No.1 in China, LatAm; eyes 2022 IPO
South Korea-based 3D animation company SAMG Entertainment Co. is enjoying great success in China and Latin America thanks to its animation series' p...
Jul 13, 2021 (Gmt+09:00)
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Markets
Delta coronavirus variant hits global stock markets
Global stock markets lost ground on mounting fears over the spread of the Delta coronavirus variant. Record-breaking US shares riding on the hopes...
Jul 09, 2021 (Gmt+09:00)
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Korean chipmakers
Leeno Industrial hits 52-week high, eyes top 10 on Kosdaq
The stock price of South Korea’s Kosdaq-listed electronic testing components maker Leeno Industrial Inc., previously a small company whose mar...
Jul 05, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Delivery Hero's Korean unit sale hits dead end
Delivery Hero SE on Thursday postponed the deadline again for the final bidding of South Korea's Yogiyo, amid market doubts over the country's No. 2...
Jun 24, 2021 (Gmt+09:00)
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Food & Beverage
HiteJinro's fruit-flavored soju becomes huge hit among Russian MZers
South Korea's leading soju maker HiteJinro Co. has been enjoying great success in Russia thanks to strong demand for fruit-flavored soju from local ...
Jun 21, 2021 (Gmt+09:00)
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Korean chipmakers
Chip shortage hits Korea’s COVID-19 diagnostic device manufacturers
The global chip shortage is impacting South Korea’s COVID-19 test device makers. They are paying up to 10 times the normal price of semiconduc...
Jun 07, 2021 (Gmt+09:00)
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Earnings
Dongkuk Steel’s Q1 operating profit hits 5-year high as economy recovers
Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, on Monday reported its largest quarterly operating profit in nearly five years...
May 17, 2021 (Gmt+09:00)
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Earnings
POSCO revises up sales target after Q1 profit rises to 10-year high
South Korea’s largest steelmaker POSCO said on Monday it’s raising this year’s sales target by 17.5% after posting its highest q...
Apr 26, 2021 (Gmt+09:00)
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COVID-19
Korean PEFs raise bets on pandemic-hit aircraft sector
The aviation industry, one of the hardest-hit sectors by the global pandemic, is now whetting the appetite of South Korean private equity firms whic...
Apr 22, 2021 (Gmt+09:00)
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Korean stock market
Kakao to split stock 5-for-1 after share price hits record high
Kakao Corp. will split its stock on a five-for-one basis in April, which the South Korean mobile messaging app giant said would make the stock more ...
Feb 26, 2021 (Gmt+09:00)
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Earnings
Kakao hits all-time earnings high; tops $3.5 bn in revenue
South Korea-based mobile platform giant Kakao Corp. has posted an all-time earnings high for last year, thanks to robust growth of its core operatio...
Feb 09, 2021 (Gmt+09:00)
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Earnings
Kakao hits all-time high on earnings; tops $3.5 bn in revenue
South Korea-based mobile platform giant Kakao Corp. has reported an all-time high on last year's earnings, thanks to its core operations posting rob...
Feb 09, 2021 (Gmt+09:00)
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K-pop
Big Hit, Naver to join with Universal Music to take K-pop platform global
Big Hit Entertainment Co., the label behind K-pop sensation BTS, and portal giant Naver Corp. are set to team up with Universal Music Group, the wor...
Feb 04, 2021 (Gmt+09:00)
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Earnings
LG Electronics' 2020 sales, operating profit hit all-time highs
South Korea’s LG Electronics Inc. on Friday posted record 2020 operating profit and revenue, boosted by robust sales in its home appliance div...
Jan 29, 2021 (Gmt+09:00)
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Batteries
SK Innovation’s Q4 EV battery business revenue hits record high
South Korea’s SK Innovation Co. on Friday posted record sales revenue in its electric-vehicle battery business in the fourth quarter of 2020 a...
Jan 29, 2021 (Gmt+09:00)
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Partnerships
Naver, Big Hit, YG join forces to conquer K-pop fan community market
The K-pop fan community scene is set to heat up even further as South Korea platform giant Naver Corp. joins forces with BTS label Big Hit Entertain...
Jan 28, 2021 (Gmt+09:00)
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Earnings
Kia delivers Q4 earnings surprise; operating profit hits all-time high
Kia Corp., South Korea’s second-largest automaker, on Wednesday posted a record quarterly operating profit on the back of strong sales of high...
Jan 27, 2021 (Gmt+09:00)
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Venture capital
S.Korea’s VC fundraising hits all-time high in 2020
Venture capital funds in South Korea have raised their largest-ever amount of 6.6 trillion won ($6 billion) last year, supported by government polic...
Jan 14, 2021 (Gmt+09:00)
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Korean stock market
Kospi hits fresh highs ahead of ex-dividend date
South Korea’s benchmark index Kospi hit a new intraday high on Dec. 28 at 2,834.59 points, just two days before wrapping up the year. However,...
Dec 28, 2020 (Gmt+09:00)
Latest News
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- 2 Hyundai Motor’s IONIQ 5: Pope Francis’ Popemobile in Singapore
- 3 SK E&S considers selling real estate for clean energy
- 4 Celltrion to supply breast, stomach cancer treatment to Brazil
- 5 Shinsegae Department Store expands its diamond business