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EarningsAmorepacific delivers disappointing Q1 results as China sales slump
South Korea’s cosmetics giant Amorepacific Corp. on Thursday posted disappointing first-quarter sales and operating profit...
Apr 28, 2022 (Gmt+09:00)
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Foreign exchangeKorean won at 2-year low, adding to inflationary pressure
South Korea’s won currency skidded to the lowest level in more than two years on Thursday, adding to fears over growing in...
Apr 28, 2022 (Gmt+09:00)
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CryptocurrenciesSamsung Asset to list blockchain ETF on Hong Kong Exchange
Samsung Asset Management Co. is slated to list a blockchain exchange-traded fund on the Hong Kong Exchange (HKEX) in the first h...
Apr 28, 2022 (Gmt+09:00)
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Venture capitalKoreans' fractional investing craze spreads to cows
Investment rights for dozens of Korean calves, worth a combined 10 million won ($7,900), sold out within one minute after each o...
Apr 28, 2022 (Gmt+09:00)
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EarningsSamsung’s stock underlines cloudy outlook despite record Q1
Shares of Samsung Electronics Co. fell to a fresh 52-week low on Thursday despite posting record sales for the third consecutive...
Apr 28, 2022 (Gmt+09:00)
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Korean startupsRetail investment amount in startups triples on-year in Q1
South Korea’s retail investors are increasingly more bullish in startups than in manufacturing or retail firms. The...
Apr 28, 2022 (Gmt+09:00)
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EarningsLG Elec. sees tough road ahead after record earnings in Q1
LG Electronics Inc., the world’s top home appliances maker, expects business conditions to deteriorate in the second quart...
Apr 28, 2022 (Gmt+09:00)
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Shipping & ShipbuildingHyundai's self-sailing ship set for maiden cross-Pacific voyage
A liquefied natural gas (LNG) carrier with autonomous sailing systems will embark on an ocean voyage next month to become the wo...
Apr 28, 2022 (Gmt+09:00)
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Business & PoliticsSK beats Hyundai Motor to become S.Korea’s No.2 conglomerate
SK Group, which has SK Inc. as its holding company, is now South Korea’s second-largest conglomerate by asset size –...
Apr 28, 2022 (Gmt+09:00)
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Investment bankingNH Investment opens London affiliate to ramp up global IB business
NH Investment & Securities Co. has set up its affiliate incorporated in London, the South Korean major brokerage house ann...
Apr 28, 2022 (Gmt+09:00)
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AutomobilesHyundai Mobis taps two Japanese auto experts to boost sales
South Korea’s Hyundai Mobis Co. has tapped two Japanese auto experts to accelerate its business in Japan, the company anno...
Apr 28, 2022 (Gmt+09:00)
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EarningsS-Oil logs record earnings in Q1 on high crude, margins
S-Oil Corp., Saudi Aramco’s refining unit in South Korea, enjoyed record earnings in the first quarter on healthy crude pr...
Apr 28, 2022 (Gmt+09:00)