IPOs

Shipping & Shipbuilding

Korean shipbuilders await improved earnings as LNG carrier price hit all-time high

South Korean shipbuilders, which have secured almost 97% of the orders placed for liquefied natural gas (LNG) carriers this year, expect to see their earnings improve as LNG carrier price hits an all-time high in six years.According to the global mar

IPOs

Hyundai Heavy IPO creates largest shipbuilder on Kospi

Hyundai Heavy Industries Co. successfully went public on Sept. 17 by closing at almost double its IPO price. The stock price closed at 111,500 won ($94.68) a share, up 85.8% from its initial offering price at 60,000 won ($50.95). But the volatility w

Renewable energy

Samsung C&T, S-Oil to produce hydrogen in Saudi Arabia

Samsung C&T Corp., the construction and trading arm of Samsung Group, will produce green hydrogen in Saudi Arabia together with S-Oil Corp., a majority-owned by Saudi Aramco, joining the global shift toward lower-carbon energy sources.Samsung and

E-commerce

SoftBank sells part of Coupang shares for $1.7 bn

Vision Fund, led by SoftBank Group founder Masayoshi Son, has sold one-tenth of its shares in South Korea's e-commerce platform Coupang Inc. for $1.69 billion, according to the Nikkei on Friday.The newspaper reported that the investment fund had offl

E-commerce

SoftBank sells part of Coupang shares for $1.7 bn

M&As

Korean EV startup makes top bid for Ssangyong Motor

M&As

KDB chief urges FTC to approve Korean Air-Asiana merger

M&As

Korea content platform startup to buy Getty Images unit

IPOs

Kakao Mobility IPO delayed as parent comes under fire

EV batteries

SK Innovation shareholders approve battery split-off

Corporate bonds

Industrial Bank of Korea to sell $500 mn bond at lower cost

EV Batteries

NPS to veto SK Innovation’s battery unit split-off