economic value
Scope
Date
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Corporate strategy
KT&G eyes overseas M&A after rejecting activist fund's offer
KT&G Corp., South Korea’s dominant tobacco and ginseng producer, is seeking to acquire a Japanese ginseng company after dismissing a 1.9-t...
Apr 25, 2025 (Gmt+09:00)
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Economy
Korea’s Q1 economic contraction adds to stimulus expectations
South Korea's economy unexpectedly contracted in the first quarter as exports and consumption fell amid a political crisis and fears over the impact...
Apr 24, 2025 (Gmt+09:00)
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Central bank
BOK stands pat; rate cut likely within 3 months as economic growth slows
The Bank of Korea (BOK) left its benchmark interest rate unchanged at 2.75% on Thursday, with Governor Rhee Chang-yong warning that a surge in globa...
Apr 17, 2025 (Gmt+09:00)
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Retail
Koreans cut spending in March, except on health, education
South Korean consumers exhibited recessionary spending behavior in March, cutting expenditures across nearly all sectors, except healthcare and educ...
Apr 15, 2025 (Gmt+09:00)
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Retail
Koreans cut spending in March, except on health, education
South Korean consumers exhibited recessionary spending behavior in March, cutting expenditures across nearly all sectors, except healthcare and educ...
Apr 14, 2025 (Gmt+09:00)
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E-commerce
Luxury fashion platform Balaan files for court receivership amid slump
South Korea’s top luxury goods e-commerce platform Balaan Co. said on Monday it has filed for corporate rehabilitation with a Seoul court as t...
Mar 31, 2025 (Gmt+09:00)
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Batteries
LG Energy bags 1-GWh ESS battery deal from Poland’s PGE
LG Energy Solution Ltd. will supply 1 gigawatt-hour of energy storage system (ESS) batteries to a state-owned utility company in Poland in a deal ex...
Mar 26, 2025 (Gmt+09:00)
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Batteries
SK On to supply 100 GWh of EV batteries to Nissan
SK On Co. has landed a deal to supply nearly 100 gigawatt hours (GWh) of electric vehicle batteries to Japanese carmaker Nissan Motor Co., which cou...
Mar 20, 2025 (Gmt+09:00)
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Shareholder value
Hana Financial to boost corporate value by raising shareholder returns
South Korea’s Hana Financial Group aims to increase corporate value by ramping up shareholder returns based on a sustainable profit structure ...
Feb 27, 2025 (Gmt+09:00)
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Stocks
Meritz leaps to No. 2 financial holding firm in South Korea
Meritz Financial Group Inc., once a medium-sized financial service firm in South Korea, has become the second-most valuable publicly traded financia...
Feb 25, 2025 (Gmt+09:00)
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Shareholder value
S.Korea’s top financial regulator pushes tax support for value-up program
South Korea is ramping up efforts to encourage companies to enhance shareholder value by providing tax support for its corporate value-up program, a...
Feb 21, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Meta in talks to acquire Korean fabless chip startup FuriosaAI: Forbes
Meta Platforms Inc., the parent of Facebook and Instagram, is in talks to acquire Seoul-based AI chip startup FurisosaAI Inc. and the discussion cou...
Feb 12, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai in talks to buy back Korean ship parts maker
HD Hyundai Co., the world’s second-largest shipbuilder, is in talks with a private equity firm to buy back a South Korean ship parts manufactu...
Feb 10, 2025 (Gmt+09:00)
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Mergers & Acquisitions
S.Korea’s bagel sensation London Bagel Museum attracts multiple foreign investors
London Bagel Museum, which has ignited a bagel fad in South Korea, has drawn strong interest from multiple investors from abroad for its stake sale ...
Feb 09, 2025 (Gmt+09:00)
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Corporate restructuring
Samsung Life mulls putting Samsung Fire under its wing as subsidiary
Samsung Life Insurance Co., South Korea’s largest life insurer, is considering bringing Samsung Fire & Marine Insurance Co., the country&r...
Feb 04, 2025 (Gmt+09:00)
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Tech, Media & Telecom
South Korea’s alternative data pioneer KED Aicel in full force
South Korea’s leading alternative data service provider Hankyung Aicel Inc. is poised to transform companies' and investors’ business an...
Feb 03, 2025 (Gmt+09:00)
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Robotics
Koh Young gets OK from FDA for brain surgery robot
Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, said on Monday it got 501K...
Jan 21, 2025 (Gmt+09:00)
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Central bank
BOK lowers growth forecasts to bolster rate cut expectations
South Korea’s central bank slashed its economic growth forecasts on Monday, adding to views that the monetary authority will cut interest rate...
Jan 20, 2025 (Gmt+09:00)
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Real estate
NCSOFT’s NC Tower up for sale with its value estimated at $272 million
The sales of several office buildings along Teheran-ro in Seoul's upscale Gangnam Business District (GBD) are gaining momentum.The bidding for the...
Jan 10, 2025 (Gmt+09:00)
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Memo from Howard Marks
Prices are not high enough? Trees don't grow to the sky
The S&P 500 index just experienced its best two-year streak since the 1997-98 Asian financial crisis, with the hype surrounding artificial intel...
Jan 09, 2025 (Gmt+09:00)
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Mergers & Acquisitions
MBK Partners’ vice chair vows to hike Korea Zinc’s value to $20.6 billion
The battle over Korea Zinc Inc.'s management control between Korea Zinc Chairman Choi Yun-birm and the Young Poong Corp.-MBK Partners alliance has b...
Jan 08, 2025 (Gmt+09:00)
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Economy
Korea’s 2024 exports hit all-time high, driven by chips, shipments to China
South Korea’s exports, the country’s main growth driver, reached an all-time high in 2024, buoyed by strong semiconductor exports and a ...
Jan 02, 2025 (Gmt+09:00)
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Economy
South Korea jumps to world’s No. 6 exporter; 2025 outlook dims
South Korea has sharply narrowed the gap in export value with Japan to a record low of $20.2 billion so far this year. But the country’s expor...
Dec 29, 2024 (Gmt+09:00)
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Business & Politics
Korea’s new acting president assures economy resilient, security tight
South Korea’s new Acting President Choi Sang-mok said on Friday he is confident that the country’s economy is resilient and its national...
Dec 27, 2024 (Gmt+09:00)
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Cryptocurrencies
Koreans flock to cryptos amid Trump-fueled crypto craze
The number of South Koreans investing in cryptocurrencies recently broke past 15 million — about 30% of the country’s population —...
Dec 26, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. to buy controlling stake in SK’s specialty gas unit for $1.9 bn
South Korea’s private equity firm Hahn & Co. is set to acquire a controlling stake in the world’s top specialty gas producer SK Spec...
Dec 24, 2024 (Gmt+09:00)
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Foreign exchange
Korea to relax FX rules by December to boost dollar selling
South Korea will raise the limits on forward dollar purchases and expand the foreign exchange swap line between the National Pension Service (NPS) a...
Dec 23, 2024 (Gmt+09:00)
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Corporate strategy
POSCO Holdings unveils aggressive value-up plan, hike in cash dividends
South Korea’s steel-to-battery materials conglomerate POSCO Group on Monday unveiled a spate of corporate value-up measures, including a highe...
Dec 23, 2024 (Gmt+09:00)
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Shareholder value
LG Electronics to retire about $50 mn treasury stock in 2025
LG Electronics Inc. will retire 761,000 shares in 2025, or around 0.5% of its outstanding shares, to increase shareholder returns, the South Korean ...
Dec 18, 2024 (Gmt+09:00)
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Corporate strategy
Doosan Bobcat unveils massive corporate value-up plans
Doosan Bobcat Inc., a global construction machinery maker owned by South Korea’s Doosan Group, has unveiled massive corporate value-up measure...
Dec 17, 2024 (Gmt+09:00)
Latest News
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- 4 Trump Jr. meets Korean business chiefs in back-to-back sessions
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