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Short sellingRetail investors test Celltrion, HLB shares as Korea’s GameStop
Celltrion Inc. and HLB Inc., two leading South Korean biopharmaceutical shares, shot up on Monday as the main bourse’s key...
Feb 01, 2021 (Gmt+09:00)
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Future mobilityHyundai, KDB launch fund to foster mobility startups
Hyundai Motor Group and Korea Development Bank have decided to create a 74.5 billion won ($67 million) fund to invest in startup...
Feb 01, 2021 (Gmt+09:00)
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Tech, Media & TelecomYouTube enters K-pop streaming scene; competition heats up
Google Inc., the operator of the world’s largest streaming platform YouTube, has entered the growing local online concert ...
Feb 01, 2021 (Gmt+09:00)
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Korean startupsKorea’s top online flea market set to raise $180 mn in funding
Danggeun Market Inc., South Korea’s largest online flea market operator, is poised to raise up to 200 billion won ($180 mi...
Feb 01, 2021 (Gmt+09:00)
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Korean chipmakersSK Hynix completes construction of its largest $3.14 bn chip plant
SK Hynix Inc. has completed the construction of its largest chip plant, which will use cutting-edge technology to produce memory...
Feb 01, 2021 (Gmt+09:00)
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Short sellingS.Korea's short-selling ban may face second extension; longest to date
South Korea’s financial authorities and the ruling Democratic Party are likely to extend the country's ban on short sellin...
Feb 01, 2021 (Gmt+09:00)
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Mergers & AcquisitionsBehind the scenes of Naver’s $600 mn Wattpad purchase
Last August, online portal Naver Corp. entered into exclusive talks with Toronto-based Wattpad Corp. to buy a stake in the world...
Feb 01, 2021 (Gmt+09:00)