agricultural prices
Scope
Date
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Companies
LS Mtron supplys tractors to world's No. 2 agricultural machinery firm
LS Mtron, the industrial machinery and core component arm of Korea's LS Group, on Monday said it concluded a contract worth 500 billion won ($387.4 ...
Dec 05, 2022 (Gmt+09:00)
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Economy
Korea inflation at 7-mth low; BOK may slow rate hike pace
South Korea’s headline inflation hit a seven-month low in November as rises in agricultural and petroleum product prices slowed, adding to exp...
Dec 02, 2022 (Gmt+09:00)
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Venture capital
VC firms rake in profit of up to 6 times principal from Raemongraein
Venture capital firms that invested in media production company Raemongraein Co. raked in significant profit from the surge in popularity of the TV ...
Dec 02, 2022 (Gmt+09:00)
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Korean startups
Korean unlisted stock bubble bursts as interest rates rise
Kurly Inc., Dunamu Inc. and other major South Korean unlisted stocks plunged as the fallout on asset prices from rising interest rates extended into...
Nov 30, 2022 (Gmt+09:00)
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Mergers & Acquisitions
MBK to buy Medit at lower price than Carlyle-GS bid
MBK Partners, a leading Asian private equity firm, is set to buy Medit Corp. at a lower price than a bid from the US PE giant The Carlyle Group-led ...
Nov 29, 2022 (Gmt+09:00)
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ESG
SK Innovation to adopt internal carbon pricing system
SK Innovation Co. on Sunday announced its adoption this year of an "internal carbon pricing system" recently approved by its board of directors. Th...
Nov 28, 2022 (Gmt+09:00)
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Korean chipmakers
Fast-shrinking chip lead time clouds semiconductor industry’s future
The global semiconductor industry has been plagued by a chip shortage for a couple of years with automakers and other manufacturers struggling to se...
Nov 15, 2022 (Gmt+09:00)
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Food & Beverage
Dongwon F&B to raise price of canned tuna again, this time by 7%
The price of manufactured food has been surging in recent months, beginning with ready-made rice, instant noodles, and snacks. This week...
Nov 11, 2022 (Gmt+09:00)
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Central bank
BOK may raise rates by 50 bps again on Fed, inflation
South Korea’s central bank may increase interest rates by 50 basis points again as the US Federal Reserve continued to aggressively tighten mo...
Nov 03, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix eyes DDR5 dominance with industry’s fastest chip modules
SK Hynix Inc., the world’s second-largest memory chipmaker, is aiming to secure market dominance for a next-generation DRAM chip called DDR5 b...
Oct 25, 2022 (Gmt+09:00)
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Korean stock market
Foreigners in year's longest Korean buying streak; chipmakers top picks
Foreign investors have returned to the South Korean market, snapping up chip industry leaders such as Samsung Electronics Co. and SK Hynix Inc. for ...
Oct 19, 2022 (Gmt+09:00)
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Energy
Oil prices to remain high, petrochem a concern: GS Caltex CEO
GS Caltex Corp. Chief Executive Hur Sae-hong said on Monday he expects global oil prices, which remain elevated due to geopolitical tensions, won&rs...
Oct 17, 2022 (Gmt+09:00)
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Central bank
BOK takes another big step hike as weak won lifts prices
South Korea’s central bank on Wednesday delivered its second 50-basis-point policy interest rate hike as the ailing won currency adds to infla...
Oct 12, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Korea's Naver to ramp up global IR activity as stock continues decline
South Korea’s online portal giant Naver Corp. is poised to hire an investor relations (IR) executive whose chief responsibility will be to com...
Oct 11, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders regain top post, to profit from higher ship prices
South Korea’s three major shipbuilders have regained the world’s No. 1 title in terms of ship orders and are expected to swing to profit...
Oct 09, 2022 (Gmt+09:00)
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Private equity
Hahn & Co. to sell off Korea's major biofuel maker SK Eco Prime
South Korean private equity firm Hahn & Company is set to put a 100% stake in biofuel manufacturer SK Eco Prime on sale, with Goldman Sachs as a...
Oct 07, 2022 (Gmt+09:00)
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Airlines
OPEC output cut to worsen Korean airlines’ woes
South Korea’s airlines, already slammed by a weaker won currency and rising interest rates, are expected to suffer more from global major oil ...
Oct 06, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy's KSOE expected to turn to black in Q3
Korea Shipbuilding & Offshore Engineering Co. (KSOE), under Hyundai Heavy Industries Group, is forecast to have turned to the black for the firs...
Oct 03, 2022 (Gmt+09:00)
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Automobiles
EVs, hybrids in growing demand in used car market
Eco-friendly cars such as electric vehicles and hybrids have increased their share in South Korea's used car market, together accounting for 36% of ...
Oct 03, 2022 (Gmt+09:00)
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Korean chipmakers
NAND chips may sustain double-digit price drops in Q4
NAND flash memory chip prices are expected to sustain a double-digit decline in the fourth quarter of this year due to oversupply and waning demand,...
Sep 27, 2022 (Gmt+09:00)
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Steel
POSCO, Hancock to invest $200 mn to raise Senex's gas output
South Korea’s POSCO International Co. and its Australian mining partner Hancock Prospecting Pty Ltd. will invest A$300 million ($200 million) ...
Sep 26, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Lotte Card seeks to sell transportation card subsidiary
South Korea’s credit card company Lotte Card Co. is slated to sell its subsidiary Loca Mobility Corp., the second-largest public transportatio...
Sep 25, 2022 (Gmt+09:00)
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IPOs
Korea battery, chip companies fail to reboot IPO market
South Korea’s battery and semiconductor companies, stock investors’ favorites, failed to revive the local initial public offering market...
Sep 18, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korea's SG Private Equity to buy local industrial gas supplier
South Korea’s SG Private Equity is set to acquire local industrial gas supplier Hankook Special Gases Co. for a deal in the early 100 billion ...
Sep 16, 2022 (Gmt+09:00)
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Korean food
Price of napa cabbage, key kimchi ingredient, keeps soaring
The price of napa cabbage continues to soar in South Korea. Hit by heavy rainfall during its harvest season, Gangwon Province suffered from a l...
Sep 16, 2022 (Gmt+09:00)
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Korean stock market
Samsung family’s shareholdings shrink by $8 bn in one year
Samsung Group’s four heirs to the late Chairman Lee Kun-hee have seen their group company shareholdings shrink by a combined 11 trillion won (...
Sep 13, 2022 (Gmt+09:00)
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Economy
Korea inflation slows, but BOK may still hike interest rates
South Korea’s headline inflation eased in August for the first time in seven months on a slower rise in oil prices, but the central bank is st...
Sep 02, 2022 (Gmt+09:00)
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Economy
Korea’s record trade deficit adds to downturn concerns
South Korea logged a record monthly trade deficit in August with the longest spree of shortfalls in more than 14 years, while domestic consumption, ...
Sep 01, 2022 (Gmt+09:00)
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Korean chipmakers
Micron’s entry into DDR5 market: A boon for Samsung, SK Hynix
The emergence of a rival is usually a cause of distress for existing players.Micron Technology Inc.’s entry into the DDR5 DRAM arena, however,...
Aug 30, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korea’s Iljin sticks to higher stake sale price than bid
Iljin Materials Co.’s sale process has reached a deadlock as its Chief Executive Heo Jae-Myeong is holding to its price to sell a controlling ...
Aug 29, 2022 (Gmt+09:00)
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