in room item sales
Scope
Date
~
-
Electric vehicles
Hyundai launches electrified GV70’s global premiere in China to boost sales
Hyundai Motor Co. has unveiled an electric variant of the GV70, a premium SUV under its standalone Genesis brand, for the first time globally at a C...
Nov 19, 2021 (Gmt+09:00)
language -
Venture capital
Fractional investing platforms for art to Rolex lure VCs
The growing popularity of fractional investment in celebrated artworks, music copyrights and luxury items has spurred a flurry of venture capital in...
Nov 17, 2021 (Gmt+09:00)
-
COVID-19
Celltrion wins COVID-19 treatment approval from Europe
South Korea’s pharmaceutical giant Celltrion Inc. has won final approval for its COVID-19 treatment Regkirona from the European Commission, a ...
Nov 15, 2021 (Gmt+09:00)
language -
Pension funds
KTCU values working-level opinions for alternative investment
“The South Korean stock markets have barely risen since early this year, while the markets in Japan and Taiwan are hitting highs. I believe Ko...
Nov 15, 2021 (Gmt+09:00)
-
Mergers & Acquisitions
Doosan near completing self-rescue plan with E&C sale
South Korea's Doosan Group is near finalizing a deal to sell Doosan Engineering & Construction Co. (Doosan E&C) to a consortium led by Seoul...
Nov 12, 2021 (Gmt+09:00)
-
Steel
Dongkuk eyes $1.7 billion sales from color steel business in 2030
Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, said on Monday that it aims to grow its color coated steel business to 2 trill...
Nov 08, 2021 (Gmt+09:00)
-
[ASK 2021] European NPL market growth creates investment opportunities
Global asset managers will see great opportunities in the European non-performing loan market amid challenges facing the EU banking industry, such...
Nov 08, 2021 (Gmt+09:00)
-
IPOs
Korea’s Netmarble Neo drops listing plan as sentiment sours
South Korea’s game developer Netmarble Neo decided to withdraw its initial public offering plan as sentiment in the primary market sours amid ...
Nov 05, 2021 (Gmt+09:00)
-
Shareholder activism
SK Chem says no immediate plan to sell SK Bioscience stake
SK Chemicals Co., the top shareholder of South Korea's SK Bioscience Co., is not considering reducing its stake in the vaccine maker in the immediat...
Nov 02, 2021 (Gmt+09:00)
-
Energy
SK E&S in talks to sell ESS, solar energy projects
SK E&S Co. is in talks with a number of private equity firms and financial investors to sell energy storage systems (ESS) and solar energy devel...
Oct 29, 2021 (Gmt+09:00)
-
Korean games
Korea’s top mobile game to be launched in Taiwan in Q1 2022
South Korea’s top mobile game Odin: Valhalla Rising will be launched Taiwan in the first quarter of next year as its developer Lionheart Studi...
Oct 27, 2021 (Gmt+09:00)
-
Earnings
Hyundai Motor swings to profit in Q3 on Genesis, SUVs
Hyundai Motor Co. South Korea’s top automaker, turned to an operating profit in the third quarter on strong sales of the premium Genesis model...
Oct 26, 2021 (Gmt+09:00)
language -
Banking & Finance
Citibank Korea to shut down retail business in phases
Citibank Korea has decided to close its consumer banking operations in phases, the bank said on Monday, after its attempt to find a buyer of the bus...
Oct 25, 2021 (Gmt+09:00)
-
Earnings
POSCO Chem Q3 profit surges as battery materials lift sales to fresh high
South Korea’s POSCO Chemical Co. enjoyed a surge in operating profit in the third quarter as higher sales of battery materials ramped up reven...
Oct 21, 2021 (Gmt+09:00)
-
E-commerce
Yanolja likely to buy $250 mn stake in Interpark spin-off
South Korea's top travel and accommodation platform Yanolja Inc., backed by SoftBank, was on Thursday named as the preferred buyer of a majority sta...
Oct 14, 2021 (Gmt+09:00)
language -
Earnings
LG Electronics Q3 profit halves on GM recalls, sales at record-high
LG Electronics Inc. said on Tuesday it expects its third-quarter operating profit to plunge as heavy costs for General Motors Co.’s recall of ...
Oct 12, 2021 (Gmt+09:00)
language -
Pre-IPOs
ADT Caps seeks about $300 mn in pre-IPO funding
ADT Caps Co., South Korea's No. 2 security services provider, is seeking to raise up to 400 billion won ($336 million) from private equity firms ahe...
Oct 07, 2021 (Gmt+09:00)
-
Food & Beverage
Food triggers next phase of global K-culture craze
The ongoing global fever over South Korean music and entertainment content is driving the rapid growth of the country’s packaged food manufact...
Oct 05, 2021 (Gmt+09:00)
language -
Mergers & Acquisitions
Korea Inc emerges as big buyer in global M&A market
South Korean companies are emerging as big buyers in the global mergers and acquisitions (M&A) markets. They are actively looking for future gro...
Oct 05, 2021 (Gmt+09:00)
language -
Food & Beverage
KGC creates Ginseng Museum Cafe in New York
Korea Ginseng Corporation (KGC), a wholly-owned subsidiary of KT&G Corporation, has set up its first interactive cafe in the global market where...
Sep 17, 2021 (Gmt+09:00)
-
Corporate bonds
Korea postpones forex bond sale to October
South Korea’s government delayed a sale of foreign exchange stabilization fund bonds to next month, disrupting local companies’ plans to...
Sep 09, 2021 (Gmt+09:00)
-
Petrochemicals
SK holds off indefinitely on petrochem unit stake sale
South Korea's SK Innovation Co. has put on hold indefinitely its plan to sell up to a 49% stake in SK Geocentric Co., formerly known as SK Global Ch...
Sep 08, 2021 (Gmt+09:00)
-
Food & Beverage
HiteJinro's fruit-flavored soju bedazzles Chinese MZers
South Korea’s leading soju maker HiteJinro Co. has captivated China with its fruit-flavored soju products, gaining much popularity among local...
Sep 08, 2021 (Gmt+09:00)
language -
M&As
Korean beauty brand Too Cool For School is up for sale
Too Cool For School Corp., a South Korean budget makeup and beauty brand, is up for sale as its two co-CEOs and related parties aim to sell their en...
Sep 07, 2021 (Gmt+09:00)
-
Mergers & Acquisitions
Burger King's Korea, Japan operations up for sale
Affinity Equity Partners is putting Burger King's operations in South Korea and Japan up for sale, after the US hamburger franchise overtook its big...
Sep 06, 2021 (Gmt+09:00)
language -
Mergers & Acquisitions
Samsung sells $1.3 bn stake in China’s BYD, keeps watchers puzzled
Samsung Electronics Co. has sold a 1.6% stake worth 1.5 trillion won ($1.3 billion) in Chinese electric vehicle and rechargeable battery maker BYD C...
Sep 06, 2021 (Gmt+09:00)
language -
Non-ferrous metals
Korea Zinc emerges winner despite sharp decline in treatment fees
Just like many other manufacturers around the world, 2020 was a turbulent year for Korea Zinc Co., the world’s largest lead and zinc smelter.T...
Sep 05, 2021 (Gmt+09:00)
language -
Mergers & Acquisitions
Korea Post nets nearly $1 bn from KakaoBank block sale
Korea Post has netted slightly over 1 trillion won ($861 million) from the block sale of its shares in South Korea's largest internet-only lender Ka...
Sep 02, 2021 (Gmt+09:00)
-
Mergers & Acquisitions
Coffeebanhada, known for robot barista, seeks investment for expansion
Coffeebanhada, a South Korean budget coffee chain operator, is seeking to attract investment from private equity funds and strategic investors.Accor...
Aug 30, 2021 (Gmt+09:00)
-
Corporate bonds
Korean firms scramble for bond sales on further rate hike views
South Korean companies rushed to issues bonds as the Bank of Korea is expected to raise interest rates further, ramping up financing costs. Some war...
Aug 27, 2021 (Gmt+09:00)
Latest News
- 1 Apparel maker Hansae sets sights on auto parts business as new growth driver
- 2 Hyundai, Kia production may be disrupted by subsidiary’s labor strike
- 3 UCK Partners suggests Korean-style approach for buyout deals
- 4 Hankook Tire supplies tires to BMW
- 5 HD Hyundai to build int'l standards for carbon emissions