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Leadership & ManagementPOSCO taps ex-President Chang In-hwa as its next group chairman
POSCO Holdings Inc., the parent of South Korea’s largest steelmaker POSCO, has nominated former President Chang In-hwa as ...
Feb 08, 2024 (Gmt+09:00)
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IPOsS.Korean companies line up for IPOs as market recovers
South Korean companies are gearing up for listings targeting billions of dollars in market capitalization as the local initial p...
Feb 08, 2024 (Gmt+09:00)
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Korean stock marketHyundai Department stocks down on cheap dividend policy
Hyundai Department Store Group, a South Korean major retail conglomerate, has unveiled the group companies’ dividend payou...
Feb 08, 2024 (Gmt+09:00)
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Asset managementMirae Asset's Nasdaq-listed chip ETF soars amid AI craze
Mirae Asset Global Investments Co., one of the largest asset managers in South Korea, said on Thursday that its exchange-traded ...
Feb 08, 2024 (Gmt+09:00)
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Mergers & AcquisitionsNot a penny for Samsung Sec in failed HMM deal, and little sympathy
After the planned $5 billion sale of HMM Co., South Korea’s largest container shipper, to poultry processor Harim Co. fell...
Feb 08, 2024 (Gmt+09:00)
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ElectronicsLG launches new 14-person dishwasher
LG Electronics Inc. announced on Thursday that it released the 14-person LG Dios Objet Collection Dishwasher," which enhances sp...
Feb 08, 2024 (Gmt+09:00)
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Korean InvestorsSamsung Asset to launch S.Korea's first obesity treatment ETF
Korea Exchange announced on Thursday that it will list Samsung Asset Management's "KODEX Global Obesity Treatment Top 2 Plus exc...
Feb 08, 2024 (Gmt+09:00)
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ElectronicsSamsung to release pianist Seong-Jin Cho’s 8K video
Samsung Electronics Co. announced on Thursday that it will release the worldwide famous pianist Seong-Jin Cho’s live per...
Feb 08, 2024 (Gmt+09:00)
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EarningsKT’s 2023 sales rise to all-time yearly high on wireless, internet business
South Korea’s leading telecommunications company KT Corp. on Thursday posted record annual sales revenue for 2023, buoyed ...
Feb 08, 2024 (Gmt+09:00)
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EnergySK Earthon sells Peru LNG stake for $257 mn to MidOcean
SK Earthon Co., the resources development subsidiary of South Korea’s top energy company SK Innovation Co., sold a stake i...
Feb 08, 2024 (Gmt+09:00)
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Corporate bondsLG Energy's 2nd bond issue hits record $4.2 bn in bids
LG Energy Solution Ltd., the world’s second-largest rechargeable battery maker, drew a record 5.61 trillion won ($4.2 bill...
Feb 08, 2024 (Gmt+09:00)
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AutomobilesGenesis partners with racing legend Jackie Ickx
Hyundai Motor Co. 's premium brand Genesis announced on Thursday that the worldwide racing legend Jacky Ickx will join its offic...
Feb 08, 2024 (Gmt+09:00)
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EarningsNetmarble bets on new games for turnaround in 2024
Netmarble Corp. expects a turnaround this year driven by new games after successfully snapping its seven consecutive quarter los...
Feb 08, 2024 (Gmt+09:00)
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EarningsKB Financial posts record-high profit on loan growth
KB Financial Group and Kakao Bank, top players in South Korea’s offline and mobile banking sector, respectively, achieved ...
Feb 08, 2024 (Gmt+09:00)
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AutomobilesLotte Rental, KB Capital to co-work for car rental
Lotte Rental Co., South Korea's largest car rental firm, has signed a strategic memorandum of understanding (MOU) with the dom...
Feb 08, 2024 (Gmt+09:00)
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Tech, Media & TelecomDoosan to form $75 mn fund for new techs
Doosan Investment, the corporate venture capital (CVC) arm of South Korea's Doosan Group, has formed a 100 billion won ($75 mi...
Feb 08, 2024 (Gmt+09:00)
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Alternative investmentsS.Korean investors name their 42 favorite alternative asset managers
Apollo Asset Management, Warburg Pincus and Lexington Partners are South Korean institutional investors’ most preferred...
Feb 08, 2024 (Gmt+09:00)