trading buy
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Foreign exchange
Hedge funds’ speculative trade blamed for won’s drop: Dealers
Global hedge funds’ bet on further weakness in the won is blamed for the accelerated decline in the South Korean currency value against the do...
Sep 13, 2022 (Gmt+09:00)
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Regulations
S.Korea plans to adopt mandatory pre-disclosure of major insider trading
Executives and major shareholders of South Korea’s listed companies will be obligated to disclose their share transaction plans at least 30 da...
Sep 12, 2022 (Gmt+09:00)
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Cryptocurrencies
LG Elec unveils new NFT platform, aims to turn living room into art gallery
LG Electronics Inc. announced Monday it has launched its very own non-fungible token (NFT) platform, LG Art Lab. Now available in the United St...
Sep 05, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korea PE firms to buy FCCL maker NexFlex at $463 mn
South Korean private equity firms are set to take over NexFlex Co., the country’s largest manufacturer of flexible copper-clad laminates (FCCL...
Sep 02, 2022 (Gmt+09:00)
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Mergers & Acquisitions
MBK’s talks to buy S.Korean education platform falter
MBK Partners’ talks to buy a controlling stake in South Korea’s MegaStudyEdu Co. have collapsed, the company said on Friday, a deal esti...
Sep 02, 2022 (Gmt+09:00)
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Electric vehicles
Korea resolution on US EV incentives passes parliament
South Korea’s lawmakers on Thursday passed a resolution to officially express its concerns over the US Inflation Reduction Act (IRA) that remo...
Sep 02, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Private equity firms buys shipbuilder Daehan for $150 mn
A South Korean private equity consortium has acquired Daehan Shipbuilding Co., a small-size oil tanker manufacturer, for around 200 billion won ($15...
Sep 01, 2022 (Gmt+09:00)
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Economy
Korea’s record trade deficit adds to downturn concerns
South Korea logged a record monthly trade deficit in August with the longest spree of shortfalls in more than 14 years, while domestic consumption, ...
Sep 01, 2022 (Gmt+09:00)
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Korean stock market
Foreign stock buying on weaker won: Bucking the trend?
When a country’s currency weakens, foreign investors flee the local markets as a softer foreign-exchange rate usually means fragile economic f...
Aug 25, 2022 (Gmt+09:00)
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Mergers & Acquisitions
SoftBank Son's youngest brother poised to buy Korean VC arm
Taizo Son, the youngest brother of SoftBank Chairman Masayoshi Son, is poised to buy the group's South Korean venture capital arm for around 200 bil...
Aug 24, 2022 (Gmt+09:00)
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Electric vehicles
Korea may file complaint with WTO against US' Inflation Reduction Act
The South Korean government is considering filing a complaint with the World Trade Organization (WTO) over the US' new Inflation Reduction Act (IR...
Aug 22, 2022 (Gmt+09:00)
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Foreign exchange
Korea’s mounting trade deficit knocks won to 13-year low
South Korea’s won has hit the weakest level since the 2008-09 global financial crisis on a mounting trade deficit while growing concerns over ...
Aug 22, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Carlyle, GS team up to buy Korean dental scanner maker
The Carlyle Group, a US private equity giant, has joined hands with South Korean energy-to-retail conglomerate GS Group to buy Medit Corp., the worl...
Aug 16, 2022 (Gmt+09:00)
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Banking & Finance
Korea’s BC Card to buy Indonesian IT firm for SE Asia biz growth
BC Card Co., a South Korean financial services provider, agreed to acquire an Indonesian IT company as it expands its businesses into overseas marke...
Aug 12, 2022 (Gmt+09:00)
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Economy
Korea trade deficit jumps as chip exports fall on Aug. 1-10
South Korea suffered from a larger trade deficit in the first 10 days of the month as semiconductor exports declined on weaker demand for memory chi...
Aug 12, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Harim seeks Genofocus purchase to enter biotechnology business
Harim Co., South Korea’s top poultry processing company, is seeking to acquire Genofocus Inc., a Kosdaq-listed industrial and pharmaceutical e...
Aug 08, 2022 (Gmt+09:00)
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Earnings
South Korea’s top general trading giants embrace rising raw materials costs
Back in the 1970s and 80s, general trading companies were the vanguards of South Korea’s exports. Daewoo International Corp., LG Internat...
Aug 02, 2022 (Gmt+09:00)
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Mergers & Acquisitions
LX Pantos mulls Air Premia acquisition to facilitate global logistics service
LX Pantos Co., the logistics unit of South Korea’s LX Group, is looking to acquire a controlling stake in local budget carrier Air Premia Co.,...
Aug 01, 2022 (Gmt+09:00)
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Business & Politics
Seoul suspends new antitrust bill on trade conflict fears
South Korea has postponed the introduction of a new law aimed at expanding its authority beyond Korean entrepreneurs, people familiar with the matte...
Aug 01, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai IONIQ 5 ahead of Volkswagen in German review
Hyundai Motor Co.’s all-electric IONIQ 5 crossover beat two competing models from Volkswagen and Swedish carmaker Polestar in a comparative as...
Aug 01, 2022 (Gmt+09:00)
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Future mobility
Hyundai Motor to buy Korean self-driving startup 42dot
South Korea’s top carmaker Hyundai Motor Group is set to purchase autonomous driving startup 42dot, intensifying the automaker’s competi...
Jul 29, 2022 (Gmt+09:00)
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Korean startups
S.Korean startup Time Percent gives power to digital asset investors
South Korean startup Time Percent Corp. was founded a year ago with the specific goal of giving power to the investors of digital assets, rather tha...
Jul 29, 2022 (Gmt+09:00)
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Mergers & Acquisitions
MBK in talks to buy Korea's top online education firm MegastudyEdu
MBK Partners, one of Asia's largest private equity firms, is in exclusive talks to acquire Korea’s top online education company MegastudyEdu C...
Jul 27, 2022 (Gmt+09:00)
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Hydrogen economy
Lotte Chem, Itochu join hands on hydrogen, ammonia biz
South Korea’s major petrochemical producer Lotte Chemical Corp. and a Japanese trading house Itochu Corp. joined forces for the hydrogen and a...
Jul 22, 2022 (Gmt+09:00)
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Economy
Yellen calls for trade overhaul to diversify from China
SEOUL—Treasury Secretary Janet Yellen called for a reorientation of the world’s trading practices in the wake of Russia’s invasion...
Jul 19, 2022 (Gmt+09:00)
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Real estate
IGIS, KKR to buy Shinhan Investment HQ for $487 mn
A consortium led by South Korea’s IGIS Asset Management Co. and US private equity giant KKR & Co. is set to acquire Shinhan Investment Cor...
Jul 19, 2022 (Gmt+09:00)
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Retail
Naver's Kream buys stake in Malaysian resale platform
Kream, the resale platform of South Korea’s online portal Naver Corp., has agreed to buy a stake in Malaysia’s biggest sneaker resale co...
Jul 19, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Keppel to buy waste disposal firm in its largest Korean deal
Singapore-based Keppel Infrastructure appears set to buy South Korea’s leading waste management and recycling company EMK Co. for around $600 ...
Jul 13, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc buys US e-waste recycling firm for $332 mn
Korea Zinc, the world’s largest lead and zinc smelter, agreed to buy a majority stake in a US-based electronic waste recycling company for $33...
Jul 12, 2022 (Gmt+09:00)
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Real estate
SK Group set to buy landmark Seoul building for about $500 mn
South Korea’s second-largest conglomerate SK Group will be buying a landmark office building in a central business district of Seoul for aroun...
Jul 08, 2022 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer