US market
Scope
Date
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Automobiles
Hyundai, Kia enjoy record January US sales on eco-friendly cars
South Korea’s top automaker Hyundai Motor Co. and its affiliate Kia Corp. saw their US sales in January rise to record highs thanks to the gro...
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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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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Earnings
Samsung to focus on HBM, other high-end chips after weak Q4 earnings
Samsung Electronics Co., the world’s largest memory chipmaker, on Friday vowed to cut its production of legacy chips and increase sales of pre...
Jan 31, 2025 (Gmt+09:00)
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Earnings
Hanwha Ocean swings to profit, seeks 6 US Navy MRO projects
Hanwha Ocean Co., a South Korean warship builder, said on Friday it swung to profit in 2024 for the first time in four years, driven by increased sa...
Jan 24, 2025 (Gmt+09:00)
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Korean startups
AI agent Gentoo poised to revolutionize online shopping
South Korean artificial intelligence startup Waddle Corp. is gearing up to reshape the online retail industry with artificial intelligence-powered i...
Jan 24, 2025 (Gmt+09:00)
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Batteries
SK On bags $1.8 billion EV battery deal with Nissan
Loss-making SK On Co., the world’s fifth-largest battery maker, has hit the jackpot with a $1.8 billion deal to supply electric vehicle batter...
Jan 24, 2025 (Gmt+09:00)
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Earnings
Hyundai Motor logs record sales for two straight years on SUVs, hybrids
South Korea’s top automaker Hyundai Motor Co. on Thursday posted its largest-ever sales for a second consecutive year, driven by robust sales ...
Jan 23, 2025 (Gmt+09:00)
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Energy
Hanwha Q Cells sells two solar power plant projects in US
Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Wednesday that it sold its two large-scale sola...
Jan 22, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific's Aestura to enter US market with Sephora
South Korean beauty and cosmetics giant Amorepacific Corp. said on Wednesday that its derma cosmetic brand Aestura will enter the American market wi...
Jan 22, 2025 (Gmt+09:00)
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Korean chipmakers
SK Hynix sharply narrows gap with Samsung’s market cap
SK Hynix Inc. has significantly raised its value by bolstering its presence in the artificial intelligence memory market, threatening Samsung Electr...
Jan 22, 2025 (Gmt+09:00)
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Business & Politics
Samsung, LG consider moving electronics plants to US from Mexico
South Korea’s leading electronics companies such as Samsung and LG are considering moving their plants in Mexico to the US to respond to Presi...
Jan 21, 2025 (Gmt+09:00)
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Regulations
South Korea to tighten delisting rules to remove ailing firms
South Korea will sharply raise the threshold for listed companies to remain trading on the domestic stock market to facilitate the delisting of fina...
Jan 21, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Sales of K-Beauty surges in US e-commerce
The popularity of South Korean cosmetics in the US has increased, with sales of the products growing at four to five times the rate of the market ...
Jan 21, 2025 (Gmt+09:00)
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Korean startups
Allsale, K-beauty's leading ambassador to the US
Allsale Corporation, a South Korean startup operating an influencer marketing platform, is in talks with investors to further support Korean cosmeti...
Jan 21, 2025 (Gmt+09:00)
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Real estate
Blackstone zooms in on hotels, warehouses in Korea
The global real estate market is poised for a recovery, led by industrial warehouses, residential facilities and data centers benefiting from declin...
Jan 21, 2025 (Gmt+09:00)
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E-commerce
Coupang, Naver in dead heat for South Korea’s e-commerce market lead
Coupang Inc. and Naver Corp., South Korea's top two e-commerce players, are expected to further narrow the gap in their race for the market lead thi...
Jan 21, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy wins $264 mn order for LNGC
South Korea’s shipbuilder Samsung Heavy Industries said on Monday it won 379.6 billion won ($264 million) for one unit of liquefied natural ...
Jan 21, 2025 (Gmt+09:00)
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Investment banking
MBK’s ByungJu Kim, UBS’ Kyungin Lee: Most influential in capital market
Michael ByungJu Kim, co-founder, partner and chairman of Northeast Asia-focused private equity firm MBK Partners Ltd., and Kyungin David Lee, UBS Gl...
Jan 20, 2025 (Gmt+09:00)
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Mergers & Acquisitions
SK, Lotte's restructuring to drive Korea's M&A market in 2025
SK and Lotte groups remain the focus for South Korean dealmakers as the two conglomerates accelerate restructuring by divesting non-core assets, a s...
Jan 20, 2025 (Gmt+09:00)
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Energy
HD Hyundai Electric to invest $274 mn in transformer output ramp-ups
HD Hyundai Electric Co., a South Korean electric power equipment maker, plans to invest about half of its 2024 operating profit, estimated at 720 bi...
Jan 19, 2025 (Gmt+09:00)
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Korean stock market
Foreign investors sells $3.86 bn in S.Korean stock market
The Bank of Korea (BOK) said on Wednesday that the foreign investors' net selling in the South Korean stock market was $3.86 billion in December las...
Jan 15, 2025 (Gmt+09:00)
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Batteries
Korea Zinc to export antimony to US
South Korea’s largest zinc smelter, Korea Zinc Inc., plans to export antimony to the US. This rare metal is a flame retardant for batteries ...
Jan 15, 2025 (Gmt+09:00)
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Bio & Pharma
SK Biopharmaceuticals, Eurofarma to set up AI epilepsy platform JV in US
South Korea’s SK Biopharmaceuticals Co. has signed a deal with Brazil’s Eurofarma Laboratórios S.A. to establish a joint venture ...
Jan 15, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai eyes foray into US navy ship repair market in June
HD Hyundai Heavy Industries Co., the world’s largest shipbuilder, is seeking to launch maintenance, repair and overhaul (MRO) services for the...
Jan 14, 2025 (Gmt+09:00)
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Private debt
Real estate debt outshines corporate credit: Savills IM
Private credit has been among the top picks for alternative investors over the past few years. During the period of high interest rates, corporate l...
Jan 14, 2025 (Gmt+09:00)
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Electronics
LG mulls US plant expansion to deal with Trump 2.0 tariffs
CLARKSVILLE, TN -- South Korea’s appliance and electronics giants are actively looking into options to ramp up the production capacity of thei...
Jan 14, 2025 (Gmt+09:00)
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Artificial intelligence
Naver D2SF invests in N.American AI startup
South Korea's online giant Naver Corp.'s startup nurturing organization D2SF (D2 Startup Factory) invested in North American AI ad tech startup Remb...
Jan 14, 2025 (Gmt+09:00)
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Automobiles
Hankook Tire gains edge over Chinese rivals under Trump tariffs
CLARKSVILLE, Tennessee -- Early this month at the Hankook Tire plant in Clarksville, construction workers were installing the steel framework of its...
Jan 13, 2025 (Gmt+09:00)
Latest News
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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