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Private equityIMM to buy Samsung Life stake once owned by Jay Y. Lee's sister
IMM Private Equity is set to acquire a 1.73 percent stake in Samsung Life Insurance Co., according to investment banking sources...
Jan 27, 2022 (Gmt+09:00)
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EarningsLG overtakes Whirlpool as top appliance maker with record 2021 sales
LG Electronics Inc. has overtaken Whirlpool Corp. as the world’s top manufacturer of home, kitchen and laundry appliances ...
Jan 27, 2022 (Gmt+09:00)
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MarketsKospi melts as Fed, LG Energy spur foreign selling
South Korean stocks lost ground with the main index entering a bear market on Thursday as foreign investors intensified their se...
Jan 27, 2022 (Gmt+09:00)
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MetaverseNetmarble vows aggressive expansion in blockchain, metaverse
Netmarble Corp. unveiled detailed plans for a hawkish entry into the blockchain and metaverse industries on Thursday. The m...
Jan 27, 2022 (Gmt+09:00)
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ConstructionHDC Hyundai eyes over $800 mn in loans after fatal accident
South Korea's HDC Hyundai Development Co. plans to raise more than 1 trillion won ($832 million) in funding backed by its real e...
Jan 27, 2022 (Gmt+09:00)
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Private equityAntin hires Michelle Maeng for Korean fund investor relations
Global infrastructure investment firm Antin Infrastructure Partners SA said on Jan. 25 it has appointed Michelle (Min Kyung) Mae...
Jan 27, 2022 (Gmt+09:00)
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EarningsLG Display turns to black in 2021 after three years
South Korea's LG Display Co. swung to an operating profit in 2021 after two consecutive years of shortfalls, led by a sharp rebo...
Jan 27, 2022 (Gmt+09:00)
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EarningsSamsung’s 2022: Year of war on uncertainty, shaky supply chain
Samsung Electronics Co.'s spectacular 2021 earnings report on Thursday was overshadowed by its murky business outlook, as the wo...
Jan 27, 2022 (Gmt+09:00)
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Hydrogen economyHyundai Rotem to mass produce hydrogen extractors
South Korea’s Hyundai Rotem is set to start in February mass production of hydrogen extractors that derive hydrogen from n...
Jan 27, 2022 (Gmt+09:00)
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EarningsHyosung's operaing profit reaches record $2 bn last year
Hyosung Group’s annual operating profit exceeded two trillion won ($1.9 billion) for the first time since the company was ...
Jan 27, 2022 (Gmt+09:00)