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MarketsS.Korea’s retail investors put record amount in overseas stocks
South Korea’s retail investors poured 22.9 trillion won ($18.8 billion) into purchasing overseas stocks last year, accordi...
Apr 07, 2022 (Gmt+09:00)
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EarningsLG Energy Q1 profit beats forecast on strong demand, price hikes
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, reported a lower-than-expected decline...
Apr 07, 2022 (Gmt+09:00)
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Korean stock marketInstant noodle stocks boosted by largest exports in March
South Korea’s instant noodle stocks, such as Ottogi Co., Nongshim Co. and Samyang Foods Co. are rebounding amid expectatio...
Apr 07, 2022 (Gmt+09:00)
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EnergyS.Korea to scrap plans to sell Ambatovy mine stake
President-elect Yoon Suk-yeol will scrap the outgoing government’s plan to sell off its stakes in loss-making overseas min...
Apr 07, 2022 (Gmt+09:00)
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RegulationsFTC pushes to monitor foreign conglomerate owners
South Korea’s Fair Trade Commission (FTC) is one step closer to including foreign nationals to its list of owner-cum-hea...
Apr 07, 2022 (Gmt+09:00)
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BatteriesPOSCO Chem breaks ground for battery material plant
South Korea’s POSCO Chemical Co. started construction of a battery material plant in the country as a part of its plan to ...
Apr 07, 2022 (Gmt+09:00)
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Tech, Media & TelecomKT to build media value chain with $4.1 bn content sales by 2025
KT Corp., a major South Korean telecommunications company, on Thursday unveiled an ambitious goal to become the country’s ...
Apr 07, 2022 (Gmt+09:00)
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Pension fundsKorea Post to tap two GPs for global PE secondaries
Korea Post, South Korea's state-run postal service agency, said on April 6 its savings arm will choose two asset managers for tw...
Apr 07, 2022 (Gmt+09:00)
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EntertainmentSM Entertainment to find Saudi idols with Princess Haifa
South Korea’s entertainment behemoth SM Entertainment Co. will develop Saudi idols with Princess Haifa bint Mohammed Al-Sa...
Apr 07, 2022 (Gmt+09:00)
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Mergers & AcquisitionsCarlyle, Solvay show interest in Korea's PI Advanced
PI Advanced Materials Co., the world’s largest polyimide (PI) film manufacturer, has drawn about 10 preliminary bidders, i...
Apr 07, 2022 (Gmt+09:00)
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EarningsSamsung sees record first-quarter sales; business outlook murky
Samsung Electronics Co. likely posted record revenue in the first quarter, driven by brisk sales of memory chips and smartphones...
Apr 07, 2022 (Gmt+09:00)