record-high
Scope
Date
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Korean stock market
Samsung Biologics shares fly high to be Korea’s third most valuable firm
Samsung Biologics Co., the world’s largest contract drugmaker, has become South Korea’s third most valuable stock on the country’s...
Feb 07, 2025 (Gmt+09:00)
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Earnings
Hanwha Systems posts record earnings in 2024 on brisk defense sales
Hanwha Systems Co., a leading South Korean defense company, reported its best-ever earnings last year thanks to brisk sales of its defense systems i...
Feb 07, 2025 (Gmt+09:00)
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Banking & Finance
KB Financial to buy back $359 bn in shares after record net profit in 2024
KB Financial Group Inc., South Korea’s largest financial holding group, will spend nearly 1.8 trillion won ($1.2 billion) to boost shareholder...
Feb 06, 2025 (Gmt+09:00)
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Economy
Korea to launch $23 bn high tech fund, bracing for Trump 2.0
South Korea will launch a high tech fund worth more than 34 trillion won ($23 billion) to provide cheap financing, including equity investments, for...
Feb 05, 2025 (Gmt+09:00)
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Earnings
Hana Financial to buy back $280 mn shares after record 2024
Hana Financial Group will buy back 400 billion won ($280 million) worth of shares to retire, marking its largest-ever repurchase, in line with ongoi...
Feb 05, 2025 (Gmt+09:00)
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Earnings
Korean financial holding firms log record-high profits in 2024
South Korea’s top four financial holding firms are estimated to have posted their highest-ever profits in 2024, driven by hefty interest incom...
Feb 04, 2025 (Gmt+09:00)
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Automobiles
Hyundai, Kia enjoy record January US sales on eco-friendly cars
South Korea’s top automaker Hyundai Motor Co. and its affiliate Kia Corp. saw their US sales in January rise to record highs thanks to the gro...
Feb 03, 2025 (Gmt+09:00)
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Earnings
Samsung to focus on HBM, other high-end chips after weak Q4 earnings
Samsung Electronics Co., the world’s largest memory chipmaker, on Friday vowed to cut its production of legacy chips and increase sales of pre...
Jan 31, 2025 (Gmt+09:00)
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Earnings
Kia hits record 2024 sales; profit margins highest among global automakers
South Korea’s second-largest automaker Kia Corp. on Friday posted its highest-ever annual sales, operating profit and profit margins in 2024, ...
Jan 24, 2025 (Gmt+09:00)
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Earnings
Hyundai Motor logs record sales for two straight years on SUVs, hybrids
South Korea’s top automaker Hyundai Motor Co. on Thursday posted its largest-ever sales for a second consecutive year, driven by robust sales ...
Jan 23, 2025 (Gmt+09:00)
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Earnings
SK Hynix surpasses Samsung with record-high profit in Q4
SK Hynix Inc., the top supplier of high-bandwidth memory (HBM) chips to Nvidia Corp., on Thursday reported its highest-ever quarterly profit of 8.08...
Jan 23, 2025 (Gmt+09:00)
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Earnings
Samsung Biologics posts record 2024 sales, operating profit as it goes global
South Korea's Samsung Biologics Co., the world’s largest contract drugmaker, on Wednesday posted its largest-ever annual sales and operating p...
Jan 22, 2025 (Gmt+09:00)
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Automobiles
Kia starts to produce Syros SUV in India
Kia Corp. started mass production of the Syros, a versatile sports utility vehicle (SUV) specifically designed to meet the needs of customers in I...
Jan 17, 2025 (Gmt+09:00)
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Electronics
LG Display unveils industry’s brightest OLED panel for AI TVs
LG Display Co., the world’s top organic light-emitting diode (OLED) panel maker, on Thursday unveiled a fourth-generation screen optimized for...
Jan 16, 2025 (Gmt+09:00)
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Automobiles
Hyundai, Kia’s green car exports hit record in 2024
Hyundai Motor Co. and its sibling Kia Corp. together shipped a record-high number of eco-friendly cars to overseas markets last year thanks to stron...
Jan 14, 2025 (Gmt+09:00)
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Steel
South Korea’s steel imports from China at 7-year high
South Korea’s imports of steel products from China climbed to their highest level in seven years despite a decrease in its total steel imports...
Jan 13, 2025 (Gmt+09:00)
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Memo from Howard Marks
Prices are not high enough? Trees don't grow to the sky
The S&P 500 index just experienced its best two-year streak since the 1997-98 Asian financial crisis, with the hype surrounding artificial intel...
Jan 09, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor vows record investment of $16.7 bn in South Korea
Hyundai Motor Group will invest 24.3 trillion won ($16.7 billion) this year in South Korea, the largest-ever annual investment in its home country, ...
Jan 09, 2025 (Gmt+09:00)
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Economy
Foreign direct investments in Korea hit record $34.57 billion in 2024
Foreign direct investments in South Korea hit a record high in 2024, driven by Chinese and Japanese investors in the manufacturing sector, the Minis...
Jan 07, 2025 (Gmt+09:00)
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Electronics
Hanmi Semiconductor to build new TC Bonder plant in Incheon
Hanmi Semiconductor Co., South Korea’s leading chip packaging equipment manufacturer, held a ground-breaking ceremony for its seventh plant of...
Jan 07, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Korean cosmetics beat Chanel, Lancôme to rank top in US, Japan
South Korea’s cosmetics products, also known as K-beauty, have gained global renown, overtaking French brands such as Chanel and Lancôme...
Jan 05, 2025 (Gmt+09:00)
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Food & Beverage
S.Korea's exports of snack exceed $700 mn mark in 2024
South Korea's confectionery exports from January to November last year increased 16.5% year over year surpassing $700 million for the first time, ac...
Jan 02, 2025 (Gmt+09:00)
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Economy
Korea’s 2024 exports hit all-time high, driven by chips, shipments to China
South Korea’s exports, the country’s main growth driver, reached an all-time high in 2024, buoyed by strong semiconductor exports and a ...
Jan 02, 2025 (Gmt+09:00)
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Korean startups
Korean startup M&As halve in 2024 with smaller deals
Mergers and acquisitions of South Korean startups halved in value in 2024 as conglomerates and Big Tech firms such as Naver Corp. and Kakao Corp. sn...
Dec 27, 2024 (Gmt+09:00)
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Debt financing
Korea debt financing faces woes as $34 bn in corporate bonds mature in H1
South Korea’s financial markets will see nearly 50 trillion won ($34 billion) in corporate bonds mature in the first half of next year —...
Dec 25, 2024 (Gmt+09:00)
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Retail
E-Land manages New Balance’s record $689 mn in Korean sales
South Korea’s retail giant E-Land Group has achieved 1 trillion won ($689 million) in Korean sales of the global sports footwear and apparel b...
Dec 23, 2024 (Gmt+09:00)
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Corporate bonds
Korea Inc. to face refunding risks with record corporate bond maturities
South Korean companies are expected to face refunding risks thanks to record corporate bond maturities in the first half of 2025, as fundraising con...
Dec 23, 2024 (Gmt+09:00)
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Business & Politics
Korea’s Shinsegae chairman dines with Trump at Mar-a-Lago
Chung Yong-jin, the chairman of South Korea’s retail giant Shinsegae Group, held talks with US President-elect Donald Trump, becoming Korea's ...
Dec 22, 2024 (Gmt+09:00)
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Energy
KEPCO expects all-time high $207 mn in 2024 overseas investment returns
Korea Electric Power Corp. (KEPCO), the state-run utility company, expects to post its highest-ever overseas business performance this year, thanks ...
Dec 20, 2024 (Gmt+09:00)
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Upcoming IPOs
Online lender K Bank eyes Feb 2025 IPO at lower valuation
K Bank, a South Korean online lender, is making a fresh attempt to list on the Korean stock market in February 2025 as bitcoin’s record-breaki...
Dec 18, 2024 (Gmt+09:00)
Latest News
- 1 Korea’s top cinema chains seek merger to counter box office slump
- 2 S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
- 3 CJ CheilJedang to open $72 mn dumpling plant in Japan
- 4 LG Electronics breaks ground on $600 million home appliance plant in India
- 5 KakaoBank posts record Q1 profit, eyes Thai expansion after Indonesia