Korean chemical industry
Scope
Date
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Shipping & Shipbuilding
Korean shipbuilders to benefit from rising LNG, oil tanker demand
South Korean shipbuilders are expected to benefit from a potential surge in demand for liquefied natural gas (LNG) and crude oil carriers as US Pres...
Feb 17, 2025 (Gmt+09:00)
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Corporate restructuring
Lotte Chemical nears offloading Pakistani unit as part of restructuring
Lotte Group, South Korea’s sixth-largest conglomerate, is speeding up its business streamlining efforts amid mounting debts as it has moved on...
Feb 17, 2025 (Gmt+09:00)
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Economy
S.Korea’s default risk dips below pre-martial law levels
South Korea’s financial market has stabilized with a sharp fall in the country’s default risk and some recovery of its currency value ag...
Feb 17, 2025 (Gmt+09:00)
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Commodities
FOMO-driven gold rush lifts kimchi premium on gold to highest level
With South Korean retail investors joining the global gold rush in ‘fear of missing out’, or FOMO, the country’s gold price has ...
Feb 14, 2025 (Gmt+09:00)
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Corporate bonds
LG companies flock to debt, equity markets to raise $2.8 billion
Companies under South Korea’s fourth-largest conglomerate LG Group scrambled to sell shares and bonds to raise 4 trillion won ($2.8 billion) e...
Feb 14, 2025 (Gmt+09:00)
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Korean games
Nexon becomes 1st Korean game publisher with over 4 trillion won in sales
Nexon Co., the parent of Nexon Games Co., became the first Korean game developer to achieve the 4 trillion won ($2.8 billion) sales milestone in 202...
Feb 13, 2025 (Gmt+09:00)
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Sovereign bonds
Foreigners return to Korean debt market; Korea on course to join WGBI
Foreigners scooped up South Korean government bonds in January despite the country’s ongoing political upheavals, betting big on the country&r...
Feb 13, 2025 (Gmt+09:00)
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Corporate restructuring
SK Ecoplant seeks to sell waste treatment business for $1.4 billion
SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, is seeking to dispose of its waste treatment b...
Feb 12, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Meta in talks to acquire Korean fabless chip startup FuriosaAI: Forbes
Meta Platforms Inc., the parent of Facebook and Instagram, is in talks to acquire Seoul-based AI chip startup FurisosaAI Inc. and the discussion cou...
Feb 12, 2025 (Gmt+09:00)
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Economy
South Korean state think tank cuts 2025 growth forecast, flags US tariff risk
South Korea’s state-run think tank has cut its growth forecast for the country this year, citing President Donald Trump’s trad...
Feb 12, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Hanwha agrees to buy 60% stake in Ourhome for $599 mn
South Korea’s Hanwha Group, which is seeking to re-enter the catering market five years after leaving the sector, has agreed to buy a nearly 6...
Feb 11, 2025 (Gmt+09:00)
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IPOs
South Korean IPO market headed into winter after pitiful LG CNS debut
Companies in South Korea are expected to refrain from seeking initial public offerings for a while after the country’s much-anticipated new bl...
Feb 11, 2025 (Gmt+09:00)
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Cryptocurrencies
Korean investors abandon savings, stocks for cryptocurrencies
Money is rapidly shifting to cryptocurrency markets in South Korea as lower interest rates and lackluster stock prices reduce the investment appeal ...
Feb 10, 2025 (Gmt+09:00)
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Medical devices
Middle East: New land of opportunity for Korean medical devices
South Korea is making inroads into the Middle East's medical device market dominated by the US and Europe, aiming to leverage the region’s str...
Feb 10, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE bags $371 mn LNG bunker ship order
The outlook for South Korean shipbuilders’ liquefied natural gas (LNG) bunkering ship construction looks bright as the global LNG-powered ship...
Feb 10, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai in talks to buy back Korean ship parts maker
HD Hyundai Co., the world’s second-largest shipbuilder, is in talks with a private equity firm to buy back a South Korean ship parts manufactu...
Feb 10, 2025 (Gmt+09:00)
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Mergers & Acquisitions
LG Chem embarks on sale of dermal filler business worth $343 million
LG Chem Ltd., the world’s fourth-largest chemicals producer that is fostering vaccine and new drug development as new growth drivers, has kick...
Feb 09, 2025 (Gmt+09:00)
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Earnings
Hanwha Systems posts record earnings in 2024 on brisk defense sales
Hanwha Systems Co., a leading South Korean defense company, reported its best-ever earnings last year thanks to brisk sales of its defense systems i...
Feb 07, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Korean beauty giants Amorepacific, LG H&H come back from China woes
South Korea’s two largest cosmetics makers, Amorepacific Corp. and LG H&H Co., are recovering from years of lackluster overseas business p...
Feb 06, 2025 (Gmt+09:00)
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Real estate
NPS closes $1.6 bn Korean office deal; scientists pension eyes NCSOFT building
The National Pension Service (NPS) has completed the purchase of One Grove for 2.3 trillion won ($1.6 billion), its largest single real estate inves...
Feb 06, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Marine sets sights on LNG vessel retrofitting in Trump era
While the global shipbuilding industry was reeling from the economic slowdown in recent years, South Korea’s HD Hyundai Marine Solution Co., a...
Feb 05, 2025 (Gmt+09:00)
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IPOs
Korean firms cut IPO prices, volumes amid bearish sentiment
South Korean companies are relaunching attempts to go public with lower valuations and fewer shares amid continued sour investor sentiment.CK Soluti...
Feb 05, 2025 (Gmt+09:00)
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Earnings
Korean financial holding firms log record-high profits in 2024
South Korea’s top four financial holding firms are estimated to have posted their highest-ever profits in 2024, driven by hefty interest incom...
Feb 04, 2025 (Gmt+09:00)
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Korean startups
Funding to Korean tech startups at 7-year low; seed funding soars
New funding to South Korean tech startups dropped to its lowest level in seven years in 2024. But seed funding soared 142% led by semiconductor, hea...
Feb 03, 2025 (Gmt+09:00)
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Food & Beverage
Korean bakery giant SPC to build $160 mn US plant as tariff war escalates
SPC Group, the operator of South Korea’s largest bakery chain Paris Baguette as well as Paris Croissant, SPL, Dunkin and SPC GFS, is building ...
Feb 03, 2025 (Gmt+09:00)
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Tech, Media & Telecom
South Korea’s alternative data pioneer KED Aicel in full force
South Korea’s leading alternative data service provider Hankyung Aicel Inc. is poised to transform companies' and investors’ business an...
Feb 03, 2025 (Gmt+09:00)
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Economy
Korean exports snap 15 months of gains in Jan despite higher chip sales
South Korea’s exports dropped in January on-year for the first time in 16 months due to more holiday days in the month, although overseas sale...
Feb 02, 2025 (Gmt+09:00)
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League table
Korean law firms' 2024 revenue soars on M&As, management disputes
South Korea’s major law firms saw rapid growth in revenue last year as the economic slowdown sparked business overhauls at top conglomerates, ...
Jan 31, 2025 (Gmt+09:00)
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IPOs
Korean B2B fintech firm Dozn plans Kosdaq IPO for $202.5 mn market cap
South Korea’s business-to-business fintech service provider Dozn is planning an initial public offering on the Kosdaq in February for an estim...
Jan 31, 2025 (Gmt+09:00)
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Real estate
CPPIB to enter South Korean rental housing market
The Canada Pension Plan Investment Board (CPPIB), one of the world’s top 10 global pension fund managers, is joining other foreign asset manag...
Jan 31, 2025 (Gmt+09:00)
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