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Rights offeringsHanwha Systems’ $1 bn rights offer oversubscribed; investors to book gains
South Korea’s Hanwha Systems Co. is set for a successful rights offering as the defense and air mobility unit of Hanwha Gr...
Jun 07, 2021 (Gmt+09:00)
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E-commerceLotte vs Shinsegae: eBay Korea becomes battleground for retail showdown
The tussle over the acquisition of eBay Korea is now down to two heavyweight contenders. South Korea’s retail titans Lotte...
Jun 07, 2021 (Gmt+09:00)
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MedicineCelltrion, Mirae to take largest stake in UK biotech firm
South Korean biosimilar maker Celltrion Inc. and Mirae Asset Group have agreed to an investment that will render them the top sh...
Jun 07, 2021 (Gmt+09:00)
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ElectronicsLG Innotek eyes record profit, revenue on strong camera module sales
LG Innotek Co., a major camera module supplier for Apple Inc.’s iPhones, is looking to post a record operating profit and ...
Jun 07, 2021 (Gmt+09:00)
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E-commerceKakao's fresh e-commerce strategy puts Naver, Coupang on guard
South Korea’s mobile platform Kakao Corp. is set to shake up the country's e-commerce market in the second half of the yea...
Jun 07, 2021 (Gmt+09:00)
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Korean chipmakersChip shortage hits Korea’s COVID-19 diagnostic device manufacturers
The global chip shortage is impacting South Korea’s COVID-19 test device makers. They are paying up to 10 times the normal...
Jun 07, 2021 (Gmt+09:00)
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Artificial intelligenceNPS gains timberland, Europe tech exposure in Q1
The National Pension Service has gained exposure to timberland and the European mid-market tech sector in the first quarter of t...
Jun 07, 2021 (Gmt+09:00)