rosier outlook
Scope
Date
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Earnings
Kia eyes rosier 2024 after record-high Q3; Hyundai Mobis’ OP up 32%
Kia Corp., South Korea’s No. 2 carmaker after Hyundai Motor Co., presented a brighter outlook for this year after posting record-high operatin...
Oct 25, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix shares nosedive after Morgan Stanley downgrade
The share price of SK Hynix Inc. plummeted as much as 11% at one point on Thursday after Morgan Stanley sharply cut its target price in an about-tur...
Sep 19, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia gets A- credit rating from S&P Global
Hyundai Motor Co. and Kia Corp. said on Thursday that S&P Global upgraded their credit ratings from BBB+ to A-, with a Stable outlook for both c...
Aug 22, 2024 (Gmt+09:00)
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Earnings
Samsung’s Q2 profit soars on AI chips; second-half outlook rosy
South Korean tech giant Samsung Electronics Co. on Friday flagged a more than 15-fold increase in its second-quarter operating profit as the artific...
Jul 05, 2024 (Gmt+09:00)
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Petrochemicals
Lotte Chemical's rating outlook cut on worsening financials
South Korea’s No. 2 petrochemicals maker Lotte Chemical Corp. has taken a hit from a lowered credit-rating outlook of the company and its majo...
Jun 28, 2024 (Gmt+09:00)
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Corporate bonds
Hyosung Chemical receives negative credit rating outlook
South Korean credit rating agency NICE Investors Service Co. (NICE) downgraded Hyosung Chemical's credit rating outlook from stable to negative on W...
Jun 19, 2024 (Gmt+09:00)
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Rights offerings
Dim outlook for Korean biotech firms’ rights offerings
South Korea’s bio and tech-heavy Kosdaq-listed Shaperon Inc. raised 12.7 billion won ($9.2 million) from its latest rights offering, selling o...
Jun 12, 2024 (Gmt+09:00)
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Banking & Finance
Liquidity crisis looms at S.Korea’s M Capital amid project financing debacle
South Korea's financing and finance leasing firm M Capital Co. is facing a growing risk of liquidity crunch as its attempts to refinance maturing de...
May 14, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix, Samsung set to benefit from explosive HBM sales growth
Sales of high-bandwidth memory (HBM), the red-hot DRAM product essential to artificial intelligence devices, will significantly grow in the coming y...
May 07, 2024 (Gmt+09:00)
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Economy
OECD sharply revises up S.Korea GDP forecast after strong Q1
The Organisation for Economic Co-operation and Development (OECD) forecasts South Korea’s economy to expand at a faster pace than it previousl...
May 02, 2024 (Gmt+09:00)
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Earnings
LG Chem displays bright outlook after loss in first quarter
LG Chem Ltd., the parent of the world's second-largest battery maker LG Energy Solution Ltd., expects its business will improve in upcoming quarters...
Apr 30, 2024 (Gmt+09:00)
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Earnings
Hanwha Ocean’s Q1 turnaround brightens earnings outlook
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, turned to the black in the first quarter powered by increasing sales of higher-end ...
Apr 24, 2024 (Gmt+09:00)
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E-commerce
Blight of failing e-commerce startups in South Korea
Linkshops, once touted as a future unicorn candidate in South Korea, declared bankruptcy last month even after garnering 15.4 billion won ($11.4 mil...
Apr 03, 2024 (Gmt+09:00)
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Labor union
Samsung affiliate labor unions tie up amid dim outlook
Samsung Group affiliates’ unionized workers on Monday launched a joint organization to improve their bargaining power in terms of wages and we...
Feb 20, 2024 (Gmt+09:00)
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Earnings
Korea’s GS offers dim outlook after weak earnings; stocks down
GS Holdings Corp., the holding company of South Korea’s energy-to-retail conglomerate GS Group, on Wednesday provided a dismal business outloo...
Feb 14, 2024 (Gmt+09:00)
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Earnings
Samsung offers upbeat 2024 outlook on chip recovery
Samsung Electronics Co., the world’s top memory chipmaker, on Wednesday offered an upbeat outlook for the semiconductor industry on recovering...
Jan 31, 2024 (Gmt+09:00)
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Earnings
Taihan Cable sees best profit in 15 years on foreign orders
Taihan Cable & Solution Co., a major South Korean cable manufacturer, on Tuesday said its 2023 operating profit hit the largest level in 15 year...
Jan 23, 2024 (Gmt+09:00)
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Earnings
Disappointing LG Energy earnings dim outlook amid weak EVs
LG Energy Solution Ltd., the world’s second-largest battery maker, disappointed investors with quarterly earnings on the sluggish global elect...
Jan 09, 2024 (Gmt+09:00)
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Earnings
Samsung’s narrowed Q4 chip losses fuel bullish 2024 outlook
Samsung Electronics Co., the world’s largest maker of memory chips, smartphones and TVs, said on Tuesday its chip business losses significantl...
Jan 09, 2024 (Gmt+09:00)
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Corporate bonds
Hyosung Advanced Materials’ credit outlook lowered to Stable
The credit rating outlook on Hyosung Advanced Materials Corp. has been lowered one notch to Stable by South Korea’s two major credit rating ag...
Dec 13, 2023 (Gmt+09:00)
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Batteries
SK, Lotte cut copper foil output; to up Malaysia capacity
SK Nexilis Co. and Lotte Energy Materials Corp., South Korea’s two leading copper foil producers, have continued to reduce factory operation r...
Nov 27, 2023 (Gmt+09:00)
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Korean stock market
Thematic ETFs in Korea betting on India’s growth boom
South Korean asset managers stand hand in hand with their global peers in betting on India’s bright growth outlook by rolling out India-themed...
Nov 17, 2023 (Gmt+09:00)
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Economy
KDI cuts Korea growth forecasts, ups inflation predictions
A South Korean government think tank has cut its growth forecast in Asia’s fourth-largest economy for this year and next but raised inflation ...
Nov 09, 2023 (Gmt+09:00)
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Earnings
Korean tire makers post double-digit Q3 profit margins; outlook bright
South Korea’s three leading tire makers posted their highest-ever quarterly profit margins in the third quarter, boosted by tire price hikes, ...
Nov 06, 2023 (Gmt+09:00)
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Earnings
SK Innovation targets profit from EV battery unit in Q4
SK Innovation Co., South Korea’s top energy company, said its electric vehicle (EV) battery subsidiary aims to turn to the black in the fourth...
Nov 03, 2023 (Gmt+09:00)
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Earnings
Hyundai’s record Q3 profit beats Samsung; no EV output cut planned
Hyundai Motor Co. on Thursday posted its highest-ever quarterly operating profit for the July-September period, driven by robust sales of pricey car...
Oct 26, 2023 (Gmt+09:00)
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ASK 2023
Alternative investment forum ASK 2023 to begin Oct. 25 in Seoul
Major institutional investors in South Korea and global asset managers will share their views on the world economy and asset allocation strategies a...
Oct 23, 2023 (Gmt+09:00)
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Earnings
Samsung Electronics’ narrowed Q3 chip losses fuel more bullish outlook
Samsung Electronics Co., the world’s largest maker of memory chips, smartphones and TVs, said on Wednesday it likely posted a 78% drop in it...
Oct 11, 2023 (Gmt+09:00)
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Airlines
Korean Air’s operating profit falls to $360 mn in Q2 2023
Korean Air Lines Co.’s operating profit in the second quarter fell over 30% from the same period last year in line with market consensus.Consi...
Aug 03, 2023 (Gmt+09:00)
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Banking & Finance
Korea's loan delinquency rates soar; outlook to worsen in H2
South Korean banks are seeing loan delinquency rates surge due to the increase in lending during the pandemic and a series of rate hikes. The rates ...
May 22, 2023 (Gmt+09:00)
Latest News
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- 5 LG Energy Q3 profit more than doubles on higher sales