Securities and Futures Commission
Scope
Date
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Economy
Korea’s food prices highest among OECD nations; utility bills at bottom
South Korea’s food prices were found to be the highest among the Organization for Economic Cooperation and Development (OECD) countries last y...
Jun 18, 2024 (Gmt+09:00)
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Electronics
Samsung, SNU to open AI Joint Research Center
Samsung Electronics Co. announced on Monday that it signed a memorandum of understanding (MOU) with Seoul National University (SNU) to establish an ...
Jun 17, 2024 (Gmt+09:00)
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Airlines
MBK drops out of Air Premia’s Asiana cargo unit takeover bid
Asian private equity firm MBK Partners has dropped out of a plan to back 300 billion won ($217.9 million) for South Korean budget airline Air Premia...
Jun 12, 2024 (Gmt+09:00)
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Banking & Finance
KB Securities sees wealth management assets surpass $43.6 bn
South Korea's KB Securities announced on Wednesday that its wealth management assets surpassed 60 trillion won ($43.6 billion) this month.This is fi...
Jun 12, 2024 (Gmt+09:00)
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Banking & Finance
Hana Securities services S.Korean stock investment in Hong Kong
South Korea's Hana Securities announced on Tuesday that it launched a service allowing Hong Kong investors to open its accounts through Hong Kong's ...
Jun 11, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Financial units to reside under one roof in Vietnam
Shinhan Financial Group Co. is upping the ante in the Vietnamese financial market to further widen the gap with rivals as the country’s leadin...
Jun 11, 2024 (Gmt+09:00)
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Machinery
HD Hyundai's Future-X wins Red Dot Design Award
South Korea's HD Hyundai XiteSolution announced on Thursday that its futuristic unmanned construction equipment Future-X won the Best of the Best Aw...
Jun 07, 2024 (Gmt+09:00)
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Construction
Dongbu Corp exceeds $730 bn in new orders
South Korea's Dongbu Corporation surpassed 1 trillion won ($727 million) in new orders this year by securing a 200 billion won ($145 million) railwa...
Jun 04, 2024 (Gmt+09:00)
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Automobiles
Tata Daewoo wins order for 130 Maxen trucks in Colombia
South Korea's Tata Daewoo Commercial Vehicle Company announced on Tuesday that signed a contract to sell 130 units of its large truck Maxen to Colom...
Jun 04, 2024 (Gmt+09:00)
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Banking & Finance
Korea’s LS Group to operate brokerage firm LS Securities
South Korean cable-to-energy giant LS Group said on Monday that it has renamed brokerage subsidiary eBest Investment & Securities to LS Securiti...
Jun 03, 2024 (Gmt+09:00)
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Artificial intelligence
Rebellions, SqueezeBits to co-work on AI model compression
South Korea’s fabless AI chip startup Rebellions Inc. and AI model compression startup SqueezeBits announced on Wednesday that they partnered ...
May 29, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK shieldus, Yokogawa Electric Korea partner on security business
SK shieldus, the unmanned security subsidiary of SK Group, announced on Wednesday it has signed a business agreement with Yokogawa Electric Korea Co...
May 29, 2024 (Gmt+09:00)
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Banking & Finance
Samsung Securities faces trading system server errors
Samsung Securities Co., the brokerage unit of South Korea’s top conglomerate Samsung Group, suffered system errors on its servers on Monday mo...
May 27, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Facephi to supply ID verification solutions to Samsung Securities
South Korea's Hancom Inc. announced on Monday that Facephi, a Spain-based AI biometric recognition company in which Hancom had recently acquired equ...
May 27, 2024 (Gmt+09:00)
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Real estate
Korean brokerage firms seek to raise $1.2 bn in property funds
South Korean brokerage firms are scurrying to raise more than 1.7 trillion won ($1.24 billion) in private equity funds to bet on soured property loa...
May 24, 2024 (Gmt+09:00)
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Carbon neutrality
POSCO Future M completes carbon footprint verification
POSCO Future M Co., South Korea’s anode materials producer, has completed the international standard verification for the carbon footprint of ...
May 23, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion eyes M&A in Europe, $3.3 bn Zymfentra sales: chairman
WASHINGTON, D.C. – South Korean biosimilar giant Celltrion Inc. is accelerating its push to transform into a novel drug developer, going after...
May 23, 2024 (Gmt+09:00)
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Earnings
Meritz leaves door open for an M&A, to stay shareholder friendly
Meritz Financial Group Inc., boasting the fourth-biggest market capitalization among South Korean financial holding companies, will look into an acq...
May 14, 2024 (Gmt+09:00)
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Business & Politics
Korean government vows stern response to Tokyo’s pressure on Naver
The South Korean government said on Monday it will resolutely respond to any “unfair” measures by Tokyo against Naver Corp., which is re...
May 13, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha buys S’pore Dyna-Mac’s stake for $73.8 mn from Keppel
South Korea’s chemicals-to-defense conglomerate Hanwha Group bought a stake in Dyna-Mac Holdings Ltd., a Singaporean floating facility designe...
May 13, 2024 (Gmt+09:00)
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Future mobility
Hyundai’s JV Motional delays robotaxi commercialization, cuts jobs
Self-driving technology developer Motional decided to delay robotaxi deployments with ride-hailing companies Uber Technologies Inc. and Lyft Inc. ag...
May 09, 2024 (Gmt+09:00)
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ESG
POSCO Future M publishes responsible minerals report
South Korea's POSCO Future M Co. announced on Tuesday that it released a responsible minerals report detailing establishing a sustainable supply cha...
May 07, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Woori Financial acquires Korea Foss Securities to offer brokerage services
Woori Financial Group Inc., South Korea’s fourth-largest financial services group, has acquired Korea Foss Securities Co., paving the way for ...
May 03, 2024 (Gmt+09:00)
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Foreign exchange
Navigating choppy waters: Dollar-won FX forecasting
Late last year, when the Korean won traded at 1,288 per dollar, most market analysts and economists predicted that the Korean currency would regai...
Apr 26, 2024 (Gmt+09:00)
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Batteries
Honda, POSCO Future M to build cell materials plant in Canada
Japan’s Honda Motor Co. and South Korea’s POSCO Future M Co. agreed to build a battery materials plant in Canada where the automaker wil...
Apr 26, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix, TSMC tie up to stay ahead of Samsung for HBM supremacy
South Korea’s SK Hynix Inc. said on Friday it is partnering with Taiwan Semiconductor Manufacturing Co. (TSMC) to jointly develop next-generat...
Apr 19, 2024 (Gmt+09:00)
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Korean stock market
HD Hyundai Electric likely to join MSCI Korea: Samsung Securities
HD Hyundai Electric Co., Alteogen Inc. and Enchem Co. are expected to be invited to join Morgan Stanley Capital International’s Korea Index wh...
Apr 19, 2024 (Gmt+09:00)
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Upcoming IPOs
Korea’s vision AI startup Superb AI eyes IPO in H1, 2026
South Korea’s promising vision AI platform developer Superb AI Inc., which has recently added generative AI to its business portfolio, is seek...
Apr 18, 2024 (Gmt+09:00)
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Batteries
POSCO Holdings, KNOC to jointly secure lithium in Canada
POSCO N.EX.T Hub, the venture platform of POSCO Holdings Inc., announced on Thursday that it signed a memorandum of understanding (MOU) with the K...
Apr 18, 2024 (Gmt+09:00)
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Aerospace & Defense
Innospace, LIG Nex1 to co-work for space, defense business
South Korea's space launch startup Innospace announced on Wednesday that it signed a business agreement with LIG Nex1 Co. for cooperation and commer...
Apr 17, 2024 (Gmt+09:00)
Latest News
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- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand