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Korean stock marketGaming stocks tumble after disappointing Q4 results
Shares in South Korean gaming companies have been on a losing run since the start of the year, giving up about half of the gains...
Feb 11, 2022 (Gmt+09:00)
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EarningsKakao slips below Naver in Q4 revenue
South Korea’s tech giant Kakao Corp. reported 4Q revenue of 1.78 trillion won ($1.5 billion) in 2021, a 45% jump on-year. ...
Feb 11, 2022 (Gmt+09:00)
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PetrochemicalsKorea’s YNCC shuts petrochem plant after explosion kills four
YEOSU, South Jeolla Province -- Yeochun NCC (YNCC) Co., South Korea’s major petrochemical producer, shut down one of its p...
Feb 11, 2022 (Gmt+09:00)
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AutomobilesKia: New king in J.D. Power’s most reliable auto brand rankings
Kia Corp. is the top-ranked automaker in J.D. Power’s 2022 US Vehicle Dependability Study (VDS) ahead of General Motor Co....
Feb 11, 2022 (Gmt+09:00)
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Tech, Media & TelecomSamsung regains top spot in SE Asia smartphone market
Samsung Electronics Co. outpaced Chinese rival Oppo last year to regain the top spot in the smartphone market in four major Sout...
Feb 11, 2022 (Gmt+09:00)
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Korean chipmakersSK Hynix to benefit from Western Digital production disruption
South Korea’s SK Hynix Inc., the world’s second-largest memory chipmaker, is expected to be a key beneficiary from p...
Feb 11, 2022 (Gmt+09:00)
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Aerospace & DefenseDefense giants eager to bolster satellite business
In the era of space privatization, satellites are the driving forces.South Korea’s main defense systems makers are turning...
Feb 11, 2022 (Gmt+09:00)
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AutomobilesHyundai Steel supplies high-strength steel for Genesis G80 EV, G90
Hyundai Steel Co. is supplying its newly developed ultra-high-strength steel sheets for car bodies to Hyundai Motor Co. for its ...
Feb 11, 2022 (Gmt+09:00)
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Sovereign wealth fundsKIC buys $1.9 mn worth of shares in crypto platform Coinbase
Korea Investment Corporation (KIC), managing $205 billion in assets as of the end-2021, has invested in US cryptocurrency exch...
Feb 11, 2022 (Gmt+09:00)
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EarningsKorean Dongkuk Steel profits surge as Brazil CSP turns profitable
Dongkuk Steel Mill Co., the world’s leading manufacturer of color-coated steel, reported the largest operating profit in 1...
Feb 11, 2022 (Gmt+09:00)