Main Point Pankrac
Scope
Date
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Earnings
LG Chem displays bright outlook after loss in first quarter
LG Chem Ltd., the parent of the world's second-largest battery maker LG Energy Solution Ltd., expects its business will improve in upcoming quarters...
2 HOURS AGO
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Entertainment
Kakao Entertainment, Billboard to collaborate for K-pop
South Korea's Kakao Entertainment Corp., a unit of mobile platform giant Kakao Corp., partnered with the renowned US music magazine Billboard on W...
Apr 18, 2024 (Gmt+09:00)
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Korean stock market
Foreign buying of Korean stocks hit record high in Q1
Foreign investors gobbled up a record 15.8 trillion won ($11.7 billion) worth of stocks listed in South Korea during the first three months of this ...
Mar 31, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung begins new drug development for rare diseases
Samsung Bioepis Co., a biosimilar development unit of South Korea’s top conglomerate Samsung Group, has begun its new drug development busines...
Mar 24, 2024 (Gmt+09:00)
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Energy
Doosan wins $114 mn Saudi power plant equipment order
Doosan Enerbility Co. said on Monday it has bagged an order worth 150 billion won ($114 million) to supply turbines and generators for two combined ...
Mar 12, 2024 (Gmt+09:00)
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Banking & Finance
Samsung Asset wins iF Design Award
South Korea's Samsung Asset Management announced on Friday that its exchange-traded fund (ETF) brand KODEX has won the top prize in the communicatio...
Mar 08, 2024 (Gmt+09:00)
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Korean stock market
Foreign investors net buyers of Korean stocks for 3rd straight month
Foreign investors bought more South Korean stocks and bonds in January, extending their buying spree to three months.The Financial Supervisory Servi...
Feb 15, 2024 (Gmt+09:00)
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Private debt
Korean LPs stick to private debt amid market uncertainties
South Korean limited partners will tap private debt as their most preferred asset class in 2024 to secure stable income amid geopolitical conflicts an...
Feb 01, 2024 (Gmt+09:00)
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Retail
Hyundai Dept. Store launches membership for foreigners
South Korea's Hyundai Department Store Group announced on Thursday that it launched H Point Global, a dedicated membership service for foreign cus...
Feb 01, 2024 (Gmt+09:00)
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Alternative investments
Peak views: What lies ahead in 2024?
With 2023 at a close, financial markets are at an important junction. Major developed market central banks have paused their rate rises and there ...
Jan 25, 2024 (Gmt+09:00)
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IPOs
DN Solutions seeks IPO at $3 bn enterprise value on Korea’s main bourse
DN Solutions Co., formerly Doosan Machine Tools Co., is seeking an initial public offering on South Korea’s main bourse, aiming to make a Kosp...
Jan 03, 2024 (Gmt+09:00)
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Aerospace & Defense
S.Korean drone exports quadruple from goal
South Korean drone exports surged to $1.11 million in 2023, exceeding the government's target by more than four times, fueled by strong demand for d...
Dec 19, 2023 (Gmt+09:00)
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The KED View
Windfall tax on Korean banks to create quintuple burden
Koreans are piqued by banks raking in extraordinarily handsome profits and handing out generous bonuses amid the high-interest rate environment that...
Nov 16, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea’s forex reserves dwindle to lowest point in more than 3 years
South Korea’s foreign exchange reserves dropped in October for the third straight month to their lowest point since June 2020, as local author...
Nov 03, 2023 (Gmt+09:00)
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Chemical Industry
Kumho Petrochem, POSCO look to carbon nanotube JV, share swap
South Korea’s Kumho Petrochemical Co. and POSCO International Corp. are considering launching a joint venture to produce carbon nanotubes (CNT...
Oct 27, 2023 (Gmt+09:00)
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Batteries
LG Energy barely fends off CATL in global EV battery market
LG Energy Solution Ltd. retained the top position in the global electric vehicle battery market excluding China in the first eight months of this ye...
Oct 13, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver integrates points program with Samsung Pay
The online money and points of South Korea's Naver Pay, an affiliate of the country's largest web portal Naver Corp., can now be used at offline sto...
Sep 26, 2023 (Gmt+09:00)
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Leadership & Management
KEPCO's new CEO heralds electricity rate hikes, drastic reforms
South Korea’s near-monopoly power company Korea Electric Power Corp. (KEPCO) is expected to raise electricity rates and lessen its outsized re...
Sep 20, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver raises S.Korean market lead thanks to LLM HyperCLOVA X
South Korea’s leading web portal Naver Corp. has raised its domestic market share, which plummeted to the mid-50% range in May, thanks to Hype...
Sep 05, 2023 (Gmt+09:00)
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Electronics
Samsung’s connectivity vs. LG’s sustainability at IFA 2023
BERLIN – South Korea’s household names in home electronics are set to show off their high-tech home electronics boasting upgraded connec...
Aug 31, 2023 (Gmt+09:00)
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Airlines
Budget carriers turn around with highest-ever profits in Q2
South Korea’s low-cost carriers (LCCs) posted their highest-ever quarterly profits on the back of a surge in international travel as the indus...
Aug 08, 2023 (Gmt+09:00)
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K-pop
K-pop girl group NewJeans tops US Billboard 200
South Korean K-pop girl group NewJeans topped the US Billboard 200 chart with their second mini-album "Get Up," since its debut a year ago. Acc...
Aug 03, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korean LLM by Upstage beats global benchmark ChatGPT
The latest artificial intelligence model of South Korean AI startup Upstage scored higher than ChatGPT by global AI giant OpenAI in a world-recogniz...
Aug 01, 2023 (Gmt+09:00)
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Electronics
Samsung pins high hopes on new Galaxy Z foldables
Foldable phones will likely account for one-third of Samsung Electronics Co.'s domestic sales of its flagship Galaxy smartphone series this year, le...
Jul 28, 2023 (Gmt+09:00)
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Energy
Daewoo E&C, SK Ecoplant to cooperate in nuclear power
South Korea’s Daewoo Engineering & Construction Co. (Daewoo E&C) and SK Ecoplant Co. will jointly take on the domestic and overseas ma...
Jul 27, 2023 (Gmt+09:00)
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Energy
S.Korea's oil refining margins exceed break-even points
Refining margins at South Korea’s four oil refiners, led by SK Innovation Co., have exceeded their break-even points after three months, a sig...
Jul 24, 2023 (Gmt+09:00)
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Automobiles
Hyundai Transys wins Red Dot Design Award
South Korean auto powertrain and seat maker Hyundai Transys announced on Monday that it has won the Winner prize at the "2023 Red Dot Design Award."...
Jul 10, 2023 (Gmt+09:00)
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Electric vehicles
S.Korea's NongHyup advances into EV charging
South Korea's National Agricultural Cooperative Federation (NongHyup), with over 9,000-plus offline bases nationwide, has entered the electric vehic...
Jul 03, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea's shipyards get OK from shipping companies to delay vessel delivery
South Korean shipbuilders are breathing a sigh of relief despite the postponed delivery of their container ships due to a chronic shortage of domest...
Jun 19, 2023 (Gmt+09:00)
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Korean stock market
Korean investors’ risky bet: Buy inverse ETFs as Kospi heads higher
Among the most cited stock market sayings by experts and laymen alike are “buy the dips” or “sell on news” – tim...
Jun 05, 2023 (Gmt+09:00)