Sono International
Scope
Date
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Corporate investment
LX International’s value soars on cryptocurrency, GAM mine in Indonesia
LX International Corp., the trading unit of South Korea’s LX Group, has seen its enterprise value rise by two-thirds over the past three month...
Apr 27, 2022 (Gmt+09:00)
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Airlines
Korean Air’s stock lags US peers' on slow demand recovery
Korean Air Lines Co.’s stock is underperforming those of its US rivals on concerns that South Korea’s top carrier is unlikely to immedia...
Apr 14, 2022 (Gmt+09:00)
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Automobiles
Kumho Tire, labor union in tug of war over international plants
Kumho Tire Co., South Korea’s No. 2 tire maker, struggled to agree with its unionized workers on more overseas plants although the company des...
Apr 08, 2022 (Gmt+09:00)
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K-pop
JYP Entertainment stocks skyrocket 70% in three months
Shares of JYP Entertainment Inc. have been skyrocketing in recent months. The record label stocks jumped more than 70% from its lowest price point s...
Apr 08, 2022 (Gmt+09:00)
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Regulations
FTC pushes to monitor foreign conglomerate owners
South Korea’s Fair Trade Commission (FTC) is one step closer to including foreign nationals to its list of owner-cum-heads of conglomerates ...
Apr 07, 2022 (Gmt+09:00)
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Memo from Howard Marks
The pendulum in international affairs
As regular readers of my memos and books know, I’m strongly interested in – you might say obsessed with – the concept of the pen...
Mar 25, 2022 (Gmt+09:00)
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Airlines
Global airlines raise flights to pre-COVID levels on border reopening
Global airlines are increasing flights to pre-pandemic levels as countries worldwide are opening up their borders to support the tourism sector, ram...
Mar 14, 2022 (Gmt+09:00)
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Electric vehicles
Korea’s trading firms set sights on EV parts production for growth
South Korea’s general trading companies, which usually work as middlemen linking buyers with sellers, are seeking to transform into eco-friend...
Feb 22, 2022 (Gmt+09:00)
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Electric vehicles
POSCO International signs parts supply deal with US EV startup Rivian
POSCO International Corp., the trading unit of South Korea’s steel giant POSCO, said on Thursday it has signed a $6 million contract to supply...
Dec 02, 2021 (Gmt+09:00)
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The award ceremony airs live
Chunsa International Film Festival
Chunsa International Film Festival is where filmmakers and audiences meet and look to collaborate on the constructive future of Korean films. In memor...
Nov 19, 2021 (Gmt+09:00)
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Energy
POSCO International, Petronas sign PSC for Malaysian gas development
POSCO International Co., the trading unit of South Korean steelmaker POSCO, has signed a production sharing contract (PSC) for the development of an...
Nov 02, 2021 (Gmt+09:00)
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Energy
POSCO International seeks to buy Australian gas producer Senex
POSCO International Co. is seeking to acquire Australian coal seam gas producer Senex Energy Ltd., as the trading unit of South Korean steelmaker PO...
Oct 18, 2021 (Gmt+09:00)
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Private equity
Tesco ordered to return $160 mn to MBK over Homeplus deal
Tesco Plc, the UK's largest retailer, was recently ordered by an international arbitration court to return £119 million ($163 million) to MBK ...
Oct 14, 2021 (Gmt+09:00)
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Korean chipmakers
US pressures Samsung, chipmakers to disclose key internal data
The American government is forcing global semiconductor manufacturers to submit internal information on their chip inventory as well as the number o...
Sep 26, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor to start hydrogen popularization in 2040
Hyundai Motor Group, the world’s fifth-largest automaker, declared to make 2040 the first year of hydrogen energy popularizationThe group was ...
Sep 22, 2021 (Gmt+09:00)
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Automobiles
Hyundai Motor vows carbon neutrality by 2045
South Korea’s top automaker Hyundai Motor Co. pledged to achieve carbon neutrality by 2045 as global automakers are going for broke to accompl...
Sep 07, 2021 (Gmt+09:00)
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M&As
Mubadala joins GS-led group to buy Korean botox maker
Abu Dhabi’s sovereign investor Mubadala Investment Co. joined a consortium led by South Korean GS Group to acquire the country’s top bot...
Aug 11, 2021 (Gmt+09:00)
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Energy
POSCO International, Petronas to develop Malaysian offshore gas field
POSCO International Co., the trading unit of South Korean steelmaker POSCO Co., is set to develop an offshore gas field in Malaysia with the country...
Aug 10, 2021 (Gmt+09:00)
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NPS to raise exposure to Kosdaq-listed blue chips
The National Pension Service (NPS) will raise exposure to up-and-coming biopharmaceutical, electric vehicle parts, entertainment and gaming companie...
Jul 18, 2021 (Gmt+09:00)
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Energy
POSCO International, Pertamina seek joint oil, gas development off Indonesia
POSCO International Co., the trading unit of South Korean steelmaker POSCO, has agreed with Indonesia’s PT Pertamina Hulu Energi (PHE) to look...
Jul 05, 2021 (Gmt+09:00)
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COVID-19
SK Bioscience secures up to $173.4 mn from CEPI for vaccine development
SK Bioscience Co. has secured additional funding for phase III clinical trial of GBP510, its COVID-19 vaccine candidate jointly developed with the I...
May 24, 2021 (Gmt+09:00)
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Tourism
Busan, where the city and nature meet
I came to Korea in 2014 from a small country in Africa called Benin. I like to travel so I’ve visited Jeju, Seoul and Busan but this time I deci...
Sep 24, 2020 (Gmt+09:00)
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Tourism
Travel Diary Gimcheon, Gumi
Gimcheon thrills with recreational sports offeringsA sudden cold spell made me shiver, but I was excited on my way to Gimcheon and Gumi. It takes only...
Sep 24, 2020 (Gmt+09:00)
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M&A
Shinsegae International acquires a 100% stake in high-end cosmetics brand Swiss Perfection
Korean fashion and beauty business Shinsegae International Co., Ltd has acquired a 100% stake in Swiss Perfection, a high-end cosmetics brand ba...
Jul 14, 2020 (Gmt+09:00)
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CCIM to Hold International Conference Jointly with KED Real Estate Research Institutes
The Certified Commercial Investment Member, an American association of international real estate investment analysts, will jointly host the Asia Real ...
Jul 18, 2017 (Gmt+09:00)
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NPS replaces global alternative head in internal moves of senior managers
The National Pension Service (NPS) appointed its domestic alternative division head, Sang-Hyun Yoo, as the new head of the global alternative division...
Jul 12, 2016 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 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