treasury stock purchases
Scope
Date
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Chemical Industry
Solvay named preferred bidder to buy Solus Biotech
Belgian chemicals maker Solvay S.A. has been selected as the preferred bidder to acquire South Korean biomaterials maker Solus Biotech, according to...
Dec 29, 2022 (Gmt+09:00)
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Korean startups
Naver D2SF makes follow-up investment in fashion startup Onthelook
Naver D2SF, Naver Corp.'s startup investment arm, made a follow-up investment in fashion content startup Onthelook.The company said on Wednesday tha...
Dec 29, 2022 (Gmt+09:00)
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Culture & Trends
Extraordinary Attorney Woo is most popular content on KT's Genie TV
The drama with the most purchases this year on Genie TV, internet protocol TV (IPTV) service of KT Corp., is the hit legal drama "Extraordinary Atto...
Dec 28, 2022 (Gmt+09:00)
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Electric vehicles
Koreans buy $2.7 billion Tesla shares this year, favorite foreign stock
Tesla, Inc. was the investors’ choice in South Korea this year, ahead of other overseas stocks.According to the Korea Securities Depository he...
Dec 27, 2022 (Gmt+09:00)
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Retail
CU to make instant VAT refund for foreign customers
BGF Retail, a franchiser that operates convenience store chain CU, said on Tuesday that it would implement an instant VAT refund service for foreign...
Dec 27, 2022 (Gmt+09:00)
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Korean stock market
TIGER KEDI30 ETF tops Korean retail investors’ themed stock buy list
The TIGER KEDI30 ETF has topped the list of the most purchased exchange-traded funds (ETFs) by South Korea’s individual investors in the theme...
Dec 27, 2022 (Gmt+09:00)
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ECM/DCM
Net assets of S.Korea's ETF rise to $63.1 billion despite stock woes
Despite South Korea's weak stock market this year, the exchange-traded fund (ETF) sector, which marked its 20th anniversary, maintained a clear grow...
Dec 27, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha revs up to acquire STX Heavy Industries, following DSME purchase
Hanwha Corp. is revving up to acquire STX Heavy Industries, which provides parts and technical support for marine engines, shipbuilding equipment, a...
Dec 27, 2022 (Gmt+09:00)
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Regulations
S.Korea to introduce mandatory offer for takeover deals
South Korea is set to require a takeover bidder for a listed company to buy stakes held by small shareholders at the same price to be paid to a majo...
Dec 22, 2022 (Gmt+09:00)
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Real estate
Buying a home in Seoul becomes tougher in 2021
Saving income to buy a house in South Korea has become more difficult and taking longer, according to a report by the Ministry of Land, Infrastruc...
Dec 21, 2022 (Gmt+09:00)
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Regulations
Korea to allow investors to sell stocks at pre-split-off values
South Korea is set to allow individual shareholders to sell their stocks at prices before a split-off if they oppose a company’s separation pl...
Dec 21, 2022 (Gmt+09:00)
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Korean stock market
Ndream, Wisenut start trading on K-OTC
Shares of South Korea's two tech startups, Ndream and Wisenut, will start trading on Korea's over-the-counter market, or K-OTC, on Thursday, the Kor...
Dec 21, 2022 (Gmt+09:00)
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Korean stock market
Mirae Asset introduces AI investment info service
Mirae Asset Securities Co. said on Tuesday it had introduced two domestic stock artificial intelligence (AI) reporting services through its mobile t...
Dec 20, 2022 (Gmt+09:00)
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Foreign exchange
Korean NPS opens up forex hedging limit to maximum of 10%
South Korea’s mighty state pension fund will hedge foreign exchange risks for up to 10% of its overseas investment for a limited period. ...
Dec 18, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Truston Asset looks to help run Taekwang with 5.8% stake
South Korea's Truston Asset Management has changed the purpose of its stock investment in the chemical and textile company Taekwang Industrial Co. f...
Dec 16, 2022 (Gmt+09:00)
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Korean stock market
Korean stocks with healthy earnings to shine in H2 2023
South Korea’s Mirae Asset Securities Co. expected local shares with strong earnings including growth stocks to rally in the second half of nex...
Dec 15, 2022 (Gmt+09:00)
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Markets
Korea Exchange, Uzbek Ministry of Finance sign agreement for cooperation
The Korea Exchange (KRX) has agreed to cooperate with the Ministry of Finance of Uzbekistan on the maintenance of the stock market IT system. T...
Dec 13, 2022 (Gmt+09:00)
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Cryptocurrencies
Korea cryptocurrency WEMIX to be delisted on court ruling
WEMIX, a South Korean cryptocurrency issued by WeMade Co., will be delisted on Thursday after a court ruled in favor of four local crypto exchanges’ d...
Dec 08, 2022 (Gmt+09:00)
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Arts
Yeolmae and Company emerges as major player in secondary art market
South Korean startup Yeolmae and Company, which operates ArtnGuide, has recently emerged as a significant player in the art market.ArtnGuide is an o...
Dec 01, 2022 (Gmt+09:00)
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Korean startups
Korean unlisted stock bubble bursts as interest rates rise
Kurly Inc., Dunamu Inc. and other major South Korean unlisted stocks plunged as the fallout on asset prices from rising interest rates extended into...
Nov 30, 2022 (Gmt+09:00)
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Corporate investment
Korea Zinc exchanges treasury shares with LG Chem, Hanwha Corp.
Korea Zinc Co. will exchange part of its treasury shares with those of LG Chem Ltd. and Hanwha Corp. in a move seen to strengthen the secondary batt...
Nov 24, 2022 (Gmt+09:00)
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Business & Politics
Tesla’s Musk names Korea among top candidate sites for Gigafactory
Tesla Inc. Chief Executive Elon Musk said on Wednesday that South Korea is among its top candidates to build in Asia another Gigafactory, the US ele...
Nov 23, 2022 (Gmt+09:00)
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Earnings
KEPCO to see record loss 2022 on slower power tariff hikes
Korea Electric Power Corp. (KEPCO), the state-run utility, is set to suffer a record operating loss this year with a shortfall mounting to the secon...
Nov 11, 2022 (Gmt+09:00)
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Private equity
Korean PE firms struggle with fundraising on illiquidity
South Korean private equity (PE) firms are having trouble fundraising as institutional investors' capital for new investment is drying up amid inter...
Nov 10, 2022 (Gmt+09:00)
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Leadership & Management
Select Korean companies seek to raise cash reserves
Several corporations have recently sold stocks and real estate apparently to boost liquidity and repay maturing debts amid the "three high" era of h...
Nov 03, 2022 (Gmt+09:00)
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Korean stock market
S.Korea prepares to launch $7.6 bn stock market stabilization fund
South Korea last week completed the process needed to launch a stock market stabilization fund of 10.76 trillion won ($7.6 billion). The timing for ...
Nov 02, 2022 (Gmt+09:00)
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Leadership & Management
Ex-LG Elec purchase head named Starkist CEO
Dongwon Group, a South Korean seafood and logistics conglomerate, announced on Monday that it has appointed Um Jae-woong, LG Electronics Inc.’...
Oct 31, 2022 (Gmt+09:00)
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Economy
Korea's stock deposits dip to lowest point since July 2020
Monthly average deposits for stock investment in South Korea are poised to drop below 50 trillion won ($35.1 billion) for the first time since July ...
Oct 31, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Keppel completes Korean waste treatment firm takeover for $530 mn
Singapore-based Keppel Infrastructure completed the acquisition of South Korea’s leading waste management company EMK Co. for 760 billion won ...
Oct 20, 2022 (Gmt+09:00)
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Economy
S.Korea exempts foreign investors from treasury bond tax
South Korea on Oct. 17 started exempting foreign investors from two types of taxes on Korean treasury bonds and monetary stabilization bonds investm...
Oct 17, 2022 (Gmt+09:00)