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EarningsHyundai Motor, Kia post strong Q2 profits; Chip shortage dims outlook
Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, on Thursday posted strong second-quarter earnings, ...
Jul 22, 2021 (Gmt+09:00)
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EarningsNaver to boost content, shopping businesses in Q4 via Shinsegae alliance
South Korea’s top portal operator Naver Corp. plans to beef up its shopping and content businesses in the second half of t...
Jul 22, 2021 (Gmt+09:00)
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Corporate bondsDelta variant, rate hike views hurt Korean lower-rated corporate bond sales
South Korean companies with low credit ratings around BBB are suffering weaker demand in the primary market. A spread in the Del...
Jul 22, 2021 (Gmt+09:00)
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EntertainmentSandbox Network sets up China affiliate for business expansion
South Korea’s largest multichannel network (MCN) company Sandbox Network Inc. has made another major step forward in expan...
Jul 22, 2021 (Gmt+09:00)
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Mergers & AcquisitionsDelivery Hero gets 5 more months to sell Yogiyo until January
South Korea’s antitrust regulator said on Thursday it is extending the deadline for Germany’s Delivery Hero SE to se...
Jul 22, 2021 (Gmt+09:00)
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Alternative investmentsKookmin Bank to co-finance $840 mn US solar project
Kookmin Bank, South Korea's largest lender, will provide a $100 million loan to finance a solar power project led by US-based in...
Jul 22, 2021 (Gmt+09:00)
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Electric vehiclesHankook Tire to equip Volkswagen ID.4 with EV tires
South Korea’s top tire manufacturer Hankook Tire & Technology has again widened its client pool of electric vehicles (...
Jul 22, 2021 (Gmt+09:00)
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BiotechIMB Dx eyes platform to detect stage 1 cancer with single draw of blood
IMB Dx Inc., a South Korean biotechnology startup focusing on diagnostic devices, plans to develop a platform that can detect ea...
Jul 22, 2021 (Gmt+09:00)
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IPOsKakaoBank's IPO draws $2 tn in bids despite valuation debate
The initial public offering of South Korea's KakaoBank has drawn the largest-ever amount of bids from institutional investors fo...
Jul 22, 2021 (Gmt+09:00)
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BiosimilarsKorean drugmakers race to release Stelara biosimilars
South Korea’s major drugmakers such as Celltrion Inc., Samsung Bioepis and Dong-A St are going for broke to release biosim...
Jul 22, 2021 (Gmt+09:00)
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AirlinesKorean LCCs continue to face worst market conditions in 2021
Korea’s low-cost carriers (LCCs) are projected to post another period of financial loss in the second quarter of 2021.Acco...
Jul 22, 2021 (Gmt+09:00)