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Scope
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Corporate governance
JB investors urged to oppose Align's call for board overhaul
Global proxy advisors International Shareholder Services Inc. (ISS) and Glass Lewis & Co. have expressed their opinion that there is no need for...
Mar 25, 2024 (Gmt+09:00)
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Corporate governance
NPS to vote in favor of KT&G CEO candidate Bang
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is slated to vote in favor of the KT&G Corp. b...
Mar 22, 2024 (Gmt+09:00)
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Earnings
Samsung Electronics collects $4.3 bn in dividends from display unit
Samsung Electronics Co., the world’s largest memory chipmaker, is slated to receive about 5.64 trillion won ($4.3 billion) worth of dividends ...
Mar 21, 2024 (Gmt+09:00)
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Corporate investment
LG injects $97 mn into Vista Equity’s fund for new tech investments
LG Group, South Korea’s fourth-largest conglomerate, injected $97 million into a fund run by Vista Equity Partners Management LLC for investme...
Mar 20, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung invests in BrickBio in US
Samsung Group announced on Tuesday that its Life Science Fund has invested in the US-based antibody-drug conjugates (ADC) and gene therapy technol...
Mar 19, 2024 (Gmt+09:00)
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Commodities
Korea struggles with surging copper scrap exports to China
South Korea’s nonferrous metal industry is scrambling for the procurement of copper scrap as China, the world’s top copper consumer, has...
Mar 18, 2024 (Gmt+09:00)
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Economy
Korea eyes $1.5 bn injection in KDB to boost chip, battery sectors
South Korea may inject some 2 trillion won ($1.5 billion) into Korea Development Bank (KDB) by the end of this month to support the state-run bank's...
Mar 18, 2024 (Gmt+09:00)
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Shareholder activism
Samsung C&T defeats activist funds in proxy battle
Activist funds arm in arm to demand higher dividends from Samsung C&T Corp. got defeated in a proxy fight against the de facto holding firm of S...
Mar 15, 2024 (Gmt+09:00)
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Banking & Finance
DGB Financial launches overseas asset management
South Korea's DGB Financial Group announced on Thursday that it opened its first overseas subsidiary Hi Asset Management Asia (HiAMA) in Singapore.H...
Mar 14, 2024 (Gmt+09:00)
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Regulations
South Korea gets tough with Chinese platforms AliExpress, Temu, Shein
South Korea plans to introduce a get-tough e-commerce policy on Chinese platforms such as AliExpress, Temu and Shein amid increasing complaints abou...
Mar 13, 2024 (Gmt+09:00)
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Shareholder activism
ISS backs Kumho Petrochem in family feud-triggered proxy war
Proxy advisory firm International Shareholder Services (ISS) has expressed its support for all of Kumho Petrochemical Co.'s proposals up for vote ...
Mar 12, 2024 (Gmt+09:00)
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Retail
Premium children's brands buck falling birth rate in Korea
Premium children's clothing and food brands have bucked the economic slowdown in a country grappling with the world’s lowest birth rate as Sou...
Mar 12, 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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Korean startups
Foreign venture funding for Korean startups picks up
South Korean startups raising funds from overseas venture capital firms nearly doubled in the first two months of this year from a year ago, heighte...
Mar 12, 2024 (Gmt+09:00)
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Steel
S.Korean steelmakers mull building electric furnaces in US
Steelmakers are considering building steel mills with electric furnaces in the United States to survive the triple whammy of high tariff barriers, l...
Mar 11, 2024 (Gmt+09:00)
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E-commerce
AliExpress sells top K-food maker’s products in S.Korea
AliExpress, an e-commerce arm of China’s Alibaba Group, on Thursday started selling products of CJ CheilJedang Corp., South Korea’s top ...
Mar 08, 2024 (Gmt+09:00)
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E-commerce
Korea probes AliExpress as Chinese e-commerce threat grows
South Korea’s antitrust body launched a probe into alleged violations of consumer protection regulations by China’s AliExpress, as Chine...
Mar 07, 2024 (Gmt+09:00)
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Automobiles
ZKW wins DVN Lighting Star Award
ZKW, an Austria-based lighting systems subsidiary of LG Electronics Inc., recently was presented with the Lighting Star Award for Best front lightin...
Mar 07, 2024 (Gmt+09:00)
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Shareholder activism
Palliser Capital backs proxy fight with Samsung C&T
Palliser Capital, a London-based hedge fund, said on Sunday it will vote in favor of other activist shareholders’ proposals for Samsung C&...
Mar 04, 2024 (Gmt+09:00)
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Private equity
NH Investment launches $150 mn real estate fund
South Korea’s NH Investment & Securities Co. said on Wednesday it has launched a 200 billion won ($150 million) real estate fund for insti...
Feb 28, 2024 (Gmt+09:00)
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Chemical Industry
Kolon Industries, SK Microworks to set up industrial film JV
South Korea’s major chemical materials producer Kolon Industries Inc. will team up with SK Microworks Co. to regain ground in the Chinese film...
Feb 28, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung targets gene therapy sector through US investments
Samsung Group is targeting the gene therapy business through investments in US biotechnology companies as the leading South Korean conglomerate is s...
Feb 27, 2024 (Gmt+09:00)
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Korean startups
Caring raises $30 million in Series B funding
Caring Co., a South Korean startup offering senior care services, succeeded in raising 40 billion won ($30 million) in a series B funding round, e...
Feb 26, 2024 (Gmt+09:00)
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Automobiles
Hyundai to reignite Brazil’s mobility push with $1.1 billion investment
South Korea’s top automaker Hyundai Motor Co. said on Friday it will invest $1.1 billion in Brazil to reinvigorate the South American country&...
Feb 23, 2024 (Gmt+09:00)
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Electronics
LG Innotek establishes $108 mn win-win growth fund
South Korea's LG Innotek announced on Friday that it held the 2024 Win-win Growth Partnership Day on the previous day.LG Innotek signed the 2024 Fai...
Feb 23, 2024 (Gmt+09:00)
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Alternative investments
Mid-caps in digitization have strong upside potential: Partners Group
Global fund manager Partners Group Holding AG, one of the largest listed private equity firms in Europe headquartered in Switzerland managing $147 b...
Feb 23, 2024 (Gmt+09:00)
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Travel & Leisure
South Korea’s luxury hotels bask in return of tourists post-pandemic
South Korea’s luxury hotels are enjoying the return of tourists following years of COVID-19 restrictions, which significantly hurt their sales...
Feb 20, 2024 (Gmt+09:00)
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The KED View
Shareholder activism at the cost of facility investments
South Korea’s large business groups are in emergency mode to brace for proxy fights with activist funds at annual general meetings (AGMs) next...
Feb 20, 2024 (Gmt+09:00)
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Asset management
India equity funds top overseas stock funds in S.Korea
India equity funds registered in South Korea have doubled their investors' wealth over the past five years, luring high-net-worth individuals lookin...
Feb 19, 2024 (Gmt+09:00)
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Batteries
SK On seeks up to $1.5 billion in new funding
SK On Co., a South Korean electric vehicle battery maker, is seeking to raise up to 2 trillion won ($1.5 billion) to step up facility investments, b...
Feb 19, 2024 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
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- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand