korean markets
Scope
Date
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Earnings
Yanolja gains momentum with cloud, overseas trip businesses
SoftBank-backed Yanolja Co. cheered stellar earnings in the first quarter after its new businesses – cloud and outbound trip services – ...
May 24, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai, Shell to develop liquefied hydrogen carrier
HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, announced on Friday that it will collaborate with global energy compa...
May 24, 2024 (Gmt+09:00)
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Machinery
Hyundai Infracore, Doosan Bobcat agree to product cross-selling in US
South Korea’s two leading construction machinery makers HD Hyundai Infracore Co. and Doosan Bobcat Inc. on Thursday agreed to the cross-sellin...
May 23, 2024 (Gmt+09:00)
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Electronics
LG targets India’s edtech market with interactive whiteboards
LG Electronics Inc. is acclerating its foray into India’s business-to-business (B2B) market, zooming in on the country’s rapidly-growing...
May 23, 2024 (Gmt+09:00)
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Asset management
Niche real asset creates new opportunities, Korean investors say
The scope of real assets is expanding with new businesses such as infrastructure operating services and supply chain management, creating niche oppo...
May 23, 2024 (Gmt+09:00)
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IPOs
World’s No.1 magnet wire maker SPSX mulls Korean IPO
Superior Essex Inc. (SPSX), the world’s top magnet wire provider under South Korea’s LS Group, is mulling an initial public offering in ...
May 23, 2024 (Gmt+09:00)
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Construction
Korea Eximbank provides $1 bn in PF for Saudi Amiral project
The Export-Import Bank of Korea (Eximbank) announced on Thursday that it will provide $1 billion in project financing for the Amiral petrochemical f...
May 23, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion eyes M&A in Europe, $3.3 bn Zymfentra sales: chairman
WASHINGTON, D.C. – South Korean biosimilar giant Celltrion Inc. is accelerating its push to transform into a novel drug developer, going after...
May 23, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG CNS' marketing platform MOP surpasses 800 corporate customers
South Korea’s LG CNS Co., a cloud computing services arm of LG Corp., announced on Thursday that its Marketing Optimization Platform (MOP), la...
May 23, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Broadband's Filmotalk surpasses 6.6 mn cumulative views
South Korea’s internet service provider SK Broadband Co. announced on Wednesday that the cumulative viewership of its offline film talk concer...
May 23, 2024 (Gmt+09:00)
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Asset management
Korean investors turn to private credit, secondaries: CIOs
South Korean institutional investors favor private credit as interest rates are expected to remain higher for longer, said speakers at the chief inv...
May 22, 2024 (Gmt+09:00)
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Chemical Industry
Japan’s Toray to spend $366 mn on Korean capacity expansion
Japan’s Toray Industries Inc., the leading global carbon textile manufacturer, plans to spend 500 billion won ($366.3 million) to expand eco-f...
May 22, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Lunit buys breast cancer detection AI firm Volpara Health
Lunit Inc., a South Korean cancer diagnostics AI company, has completed the acquisition of Volpara Health Technologies Ltd., a New Zealand-based AI ...
May 22, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung to unveil QLC-based NAND in H2 to lead AI storage market
Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a new high-capacity NAND memory chip in the second half to lead...
May 22, 2024 (Gmt+09:00)
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Investment banking
Korea Investment to expand CLO portfolio with Anchorage Capital
Korea Investment & Securities Co. will scale up its collateralized loan obligation (CLO) business with New York-based investment firm Anchorage ...
May 22, 2024 (Gmt+09:00)
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Pension funds
POBA favors data centers, senior housing in Europe: CIO
South Korea’s Public Officials Benefit Association (POBA), a retirement fund with assets under management (AUM) of 26 trillion won ($19.1 bill...
May 22, 2024 (Gmt+09:00)
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Korean games
Nexon releases Dungeon & Fighter Mobile in China
South Korea’s online game developer Nexon Korea Corp. on Tuesday officially launched the action role-playing game (RPG) Dungeon & Fighter ...
May 22, 2024 (Gmt+09:00)
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Automobiles
HL Holdings wins exclusive AS parts deal from Stellantis
HL Holdings Corp., the holding company of South Korea’s construction-to-auto parts conglomerate HL Group, will be the exclusive supplier of af...
May 22, 2024 (Gmt+09:00)
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Business & Politics
Naver beleaguered by weak Korean businesses amid Line woes
South Korea’s online giant Naver Corp. is struggling with sluggish core domestic businesses – commerce, search and sports – as Jap...
May 21, 2024 (Gmt+09:00)
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Machinery
Korean construction machine makers set sights on India, Brazil, Mexico
South Korea’s leading construction machine makers are actively advancing into emerging markets such as India, Brazil, Mexico and Saudi Arabia,...
May 21, 2024 (Gmt+09:00)
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Electronics
Samsung cements TV market lead in Q1; LG tops OLED segment
Samsung Electronics Co. has retained the top spot in the global TV market in the first quarter of this year, cementing its lead in the ultra-large p...
May 21, 2024 (Gmt+09:00)
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Electronics
Samsung’s new AI PC to hit global market in mid-June
Samsung Electronics Co. will start offering the Galaxy Book4 Edge, a new addition to its latest flagship Galaxy Book4 laptop series and powered by b...
May 21, 2024 (Gmt+09:00)
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Sovereign wealth funds
KIC eyes direct lending with high return potential: CEO
Sovereign wealth fund Korea Investment Corporation (KIC) seeks opportunities in direct lending for companies that are not cyclically sensitive and g...
May 21, 2024 (Gmt+09:00)
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Korean stock market
Korea Inc. nearly triples dividend payments in decade
Cash dividend payments by companies listed on the Korea Exchange, the country's main bourse, have nearly tripled in a decade. They have returned a l...
May 21, 2024 (Gmt+09:00)
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Travel & Leisure
Hotel Lotte resumes global push with management deals
Hotel Lotte Co., South Korea’s leading hospitality, leisure and travel retail giant, has resumed its global expansion push after its hotel and...
May 21, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific's Aestura to enter Thai market
South Korean beauty and cosmetics giant Amorepacific Corp. announced on Monday that its derma cosmetic brand Aestura will enter Thailand.Aestura joi...
May 21, 2024 (Gmt+09:00)
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Artificial intelligence
Korean Air, Amazon to build AI customer center
South Korea's Korean Air Lines Co. announced on Monday that it will build an artificial intelligence (AI) contact center (AICC) platform in collabor...
May 21, 2024 (Gmt+09:00)
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Banking & Finance
Korean banks broaden horizons to Mexico, Poland, Africa
South Korean banks are broadening their horizons beyond Asia into Mexico, Poland and Africa in step with Korean manufacturing companies’ globa...
May 20, 2024 (Gmt+09:00)
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Korean stock market
Block deals of Korean stocks surge ahead of tighter regulation
Block trades of South Korean listed shares have surged by six times so far this year from the same period in 2023, according to the Financial Superv...
May 20, 2024 (Gmt+09:00)
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Corporate investment
SK seeks to sell 13.3% stake in Chinese food firm Joyvio
SK Inc., the holding company of South Korea’s second-largest business group SK, is in talks with Joyvio Group to sell its entire 13.3% stake i...
May 20, 2024 (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