curved blocks
Scope
Date
~
-
Shipping & Shipbuilding
Hanwha Ocean shares sink after KDB's sale of 4.2% stake
Investors rushed to dump Hanwha Ocean Co. shares early Tuesday after its second-largest shareholder, Korea Development Bank, cashed in on a 4.2% sta...
Apr 29, 2025 (Gmt+09:00)
-
Real estate
Korea’s top property asset manager IGIS Asset’s controlling stake up for sale
South Korea’s top real estate asset management firm IGIS Asset Management Co. plans to sell a controlling stake owned by the heirs of the comp...
Feb 28, 2025 (Gmt+09:00)
-
Stocks
KKR recoups $206 mn in block sale of HD Hyundai Marine shares
Global private equity firm KKR & Co. Inc. has succeeded in cashing out of its stake in HD Hyundai Marine Solution Co. for 295 billion won ($206 ...
Feb 21, 2025 (Gmt+09:00)
-
Corporate strategy
Hanwha Aerospace ups stake in Hanwha Ocean in $900 mn block deal
Hanwha Aerospace Co. will acquire an additional 1.3 trillion won ($900 million) worth of shares in Hanwha Ocean Co. from its sister companies throug...
Feb 11, 2025 (Gmt+09:00)
-
Batteries
LG Chem develops material blocking battery thermal runaway
LG Chem Ltd. has developed a material that can prevent thermal runaway in a lithium-ion battery, one of the major hurdles to the expansion of the el...
Oct 01, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
HD Hyundai seeks to acquire Leeyoung to prepare for shipbuilding boom
South Korea’s HD Hyundai Heavy Industries Co. is seeking to acquire Leeyoung Industrial Machinery Co., a domestic shipbuilding equipment maker...
Sep 30, 2024 (Gmt+09:00)
-
Entertainment
HYBE offers to sell $62 mn SM Entertainment shares
HYBE Co., the company behind global sensations BTS and NewJeans, has offered to sell some of its shares in K-pop pioneer SM Entertainment Co. in a b...
May 28, 2024 (Gmt+09:00)
-
Business & Politics
Naver beleaguered by weak Korean businesses amid Line woes
South Korea’s online giant Naver Corp. is struggling with sluggish core domestic businesses – commerce, search and sports – as Jap...
May 21, 2024 (Gmt+09:00)
-
Korean stock market
Block deals of Korean stocks surge ahead of tighter regulation
Block trades of South Korean listed shares have surged by six times so far this year from the same period in 2023, according to the Financial Superv...
May 20, 2024 (Gmt+09:00)
-
E-commerce
Korea scraps ban on online purchase of 80 items from abroad
South Korea has scrapped a plan to ban direct purchases of some 80 items from overseas e-commerce platforms, a government office said on Sunday, aft...
May 19, 2024 (Gmt+09:00)
-
Korean stock market
Krafton shares sink as SK Square taps 2.2% block trade
Shares of Krafton Inc., South Korea’s gaming behemoth, lost about 8% on Tuesday on news that SK Square Co., an investment arm of the country&r...
Apr 23, 2024 (Gmt+09:00)
-
Korean startups
Korean unicorns’ failed global expedition causes growth concern
Woowa Brothers Corp. and Viva Republica Inc., South Korea’s most valuable unicorns, have pulled the plug on some of their overseas businesses ...
Apr 16, 2024 (Gmt+09:00)
-
Private equity
EQT sells Shinhan Financial stake in block deal at 30% IRR
EQT Private Capital Asia sold 415.5 billion won ($311.9 million) worth of shares in South Korea’s Shinhan Financial Group Co. in a block deal ...
Mar 07, 2024 (Gmt+09:00)
-
Private equity
IMM PE sells $135 mn Woori Financial shares in block deal
IMM Private Equity has sold 180.5 billion won ($135 million) worth of shares in South Korea’s Woori Financial Group in a block deal, reaping 4...
Mar 03, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
OCI-Hanmi merger faces tougher hurdles amid family feud
Hanmi Pharmaceutical Group’s aim to merge with chemicals giant OCI Group is hitting some roadblocks amid a prolonged feud between the family o...
Feb 13, 2024 (Gmt+09:00)
-
Samsung Group
Samsung heirs tap $2.1 bn block sale for inheritance taxes
The heirs of late Samsung Group Chairman Lee Kun-hee are seeking to sell their shares in Samsung Electronics Co. and other Samsung affiliates worth ...
Jan 10, 2024 (Gmt+09:00)
-
Energy
SK Earthon starts shipping crude oil from South China Sea
SK Earthon Co., the resources development unit of South Korean energy major SK Innovation Co., said Wednesday that it has started shipping crude oil...
Nov 22, 2023 (Gmt+09:00)
-
Korean stock market
Netmarble sells 6% stake in BTS label HYBE in block deal
South Korea’s leading game developer Netmarble Corp. said on Tuesday it sold a 6% stake in HYBE Co., the music label behind K-pop sensation ...
Nov 07, 2023 (Gmt+09:00)
-
Batteries
LG Chem, LX Hausys develop material delaying battery thermal runaway
South Korea’s LG Chem Ltd. and its spinoff LX Hausys Ltd. have jointly developed a material that delays the thermal runaway of electric vehicl...
Oct 27, 2023 (Gmt+09:00)
-
Korean chipmakers
SK Hynix may block Kioxia-Western Digital merger
South Korean memory chip giant SK Hynix Inc. is rumored to be frowning on the integration of Japan’s Kioxia Holdings Corp. with US-based Weste...
Oct 18, 2023 (Gmt+09:00)
-
Energy
Dana Petroleum discovers new gas field in North Sea
Dana Petroleum, wholly owned by state-run Korea National Oil Corp. (KNOC), has discovered a new high-quality gas field in the North Sea, KNOC said o...
Oct 16, 2023 (Gmt+09:00)
-
Energy
S.Korea’s SK Earthon starts oil production in South China
SK Earthon Co., the resources development subsidiary of South Korea’s top energy company SK Innovation Co., began crude production at an oil f...
Sep 25, 2023 (Gmt+09:00)
-
Fashion
Global fashion brands block Koreans' access to US websites
Some global fashion brands such as Ralph Lauren Corp. and Tommy Hilfiger have blocked South Koreans’ access to their US websites to support bu...
Aug 10, 2023 (Gmt+09:00)
-
Energy
Korea's Doosan Enerbility sells Bobcat stake in $214 mn block deal
South Korea’s major power plant builder Doosan Enerbility Co. has sold a minority stake in Doosan Bobcat Inc., its construction equipment unit...
Jun 21, 2023 (Gmt+09:00)
-
Electronics
LG Electronics blocks access to generative AI in company
LG Electronics Inc. has decided to block access to generative AI services through its intranet. Industry sources said on Friday, LG Electroni...
May 26, 2023 (Gmt+09:00)
-
Chemical Industry
S.Korea's top tech school uses salmon DNA to block art counterfeiting
The screen of the latest Samsung Electronics smartphone series Galaxy 23 released this year has a fingerprint recognition window on the display th...
May 24, 2023 (Gmt+09:00)
-
Airlines
US antitrust body blocks $1.4 bn Korean Air-Asiana deal
Korean Air Lines Co. ’s acquisition of smaller domestic rival Asiana Airlines Inc. is poised to collapse after the US antitrust agency raised ...
May 22, 2023 (Gmt+09:00)
-
Mergers & Acquisitions
HYBE loses 1st battle against Kakao for SM Entertainment
South Korea’s HYBE Co. lost its first battle against dominant local mobile platform Kakao Corp. over SM Entertainment Co. as the label behind ...
Feb 28, 2023 (Gmt+09:00)
-
Mergers & Acquisitions
SM puts cash cows up for sale as conflict with founder heats up
SM Entertainment Co., mired in conflict with its founder and former Chief Producer Lee Soo-man, is seeking to sell its shares in three key arms, wor...
Feb 16, 2023 (Gmt+09:00)
-
Electronics
LG UltraGear selected as official monitor for League of Legends
LG Electronics Inc. said on Tuesday that its UltraGear gaming monitor, with enhanced gamer-specific features, has been selected as the official moni...
Jan 17, 2023 (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