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Automobiles
Hyundai to develop alternatives to automotive chips
Hyundai Motor Co., South Korea’s top automaker, plans to develop alternative elements to automotive chips in preparation for a prolonged supply crisis that kept interrupting car production.Hyundai was considering cooperation with major supplier
38 MINUTES AGO
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M&As
DL Chem seals $2.5 bn purchase of US-based Kraton
DL Chemical Co., South Korea's leading petrochemical company, has acquired Texas-based specialty chemical manufacturer Kraton Corp. for $2.5 billion, taking a step closer to its goal of becoming one of the world's top 20 chemicals companies.DL Chemic
57 MINUTES AGO
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EV batteries
SK Innovation, Ford to build $11.4 bn EV battery plants
SK Innovation Co. and Ford Co. will invest a combined $11.4 billion to build an assembly and battery complex and two additional battery factories in the US to accelerate the US auto giant’s speedy rollout of electric vehicles.A 50-50 joint vent
1 HOURS AGO
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Hydrogen economy
Korea Zinc: From smelter to green hydrogen maker
Korea Zinc Co., the world’s largest lead and zinc smelter, plans to add a couple of new sectors to the list of its new growth drivers: green hydrogen and battery materials – businesses many leading companies are embracing.Company official
18 HOURS AGO
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M&As
DL Chem seals $2.5 bn purchase of US-based Kraton
57 MINUTES AGO
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Automotive Cybersecurity
LG Elec to start automotive cybersecurity business
Sep 23, 2021 (Gmt+09:00)
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M&As
Fried chicken chain BHC to pay $255 mn for Outback Korea
Sep 23, 2021 (Gmt+09:00)
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E-commerce
SoftBank sells part of Coupang shares for $1.7 bn
Sep 17, 2021 (Gmt+09:00)
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EV batteries
SK Innovation, Ford to build $11.4 bn EV battery plants
1 HOURS AGO
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IPOs
Kakao Mobility IPO delayed as parent comes under fire
Sep 17, 2021 (Gmt+09:00)
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EV batteries
SK Innovation shareholders approve battery split-off
Sep 16, 2021 (Gmt+09:00)
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Corporate bonds
Industrial Bank of Korea to sell $500 mn bond at lower cost
Sep 15, 2021 (Gmt+09:00)
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Entertainment
S.Korean content shares surge with Squid Game success
South Korea’s major content production houses have made a big comeback in the local stock market on Sept. 27 after a period of downhill over the past few months. Analysts noted that the global success of the recent drama series Squid Game, as well as the launch of Disney Plus in November, were major drivers. A CJ ENM affiliate Studio Dragon C
17 HOURS AGO
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Economy
S.Korea plans to tighten ability-to-repay rules
South Korea's new household lending rules, set to be unveiled next month, will center on tightening the assessment of borrowers' repayment capability as the government is determined to step up curbs on household lending, the country's top financial regulator said on Monday."The most important lending standards are whether the borrower is capable of
19 HOURS AGO
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Battery materials
S.Korean battery materials makers enjoy soaring stock prices
Shares of South Korean eco-friendly battery materials manufacturers have been soaring in September, with high expectations on big revenue jumps this year. Battery materials maker EcoPro BM Co. saw its stock price rise by 45% in September following a 10 trillion won ($8.5 billion) supply deal with SK Innovation Co. Another battery materials maker L&
Sep 26, 2021 (Gmt+09:00)
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