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Entertainment
Disney Plus' S.Korea launch delayed after Netflix's court loss
Disney Plus, a global over-the-top (OTT) streaming service provider, has pushed back its South Korean service launch by about a quarter to the end o...
Jul 20, 2021 (Gmt+09:00)
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Mezzanine loans
Mirae, NH face lawsuit over Drew Las Vegas loan loss
Mirae Asset Securities Co. and NH Investment & Securities Co. have been sued by South Korean institutional investors over the loss of their comb...
Jun 01, 2021 (Gmt+09:00)
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Venture capital
Vision Fund loss slashes Masayoshi Son’s 2020 salary by 52%
SoftBank Group founder and CEO Masayoshi Son’s salary more than halved last year, according to the group’s regulatory filing on May 28.T...
May 28, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung, TSMC up ante in US foundry competition
The world’s two largest foundry chipmakers, Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics Co., are upping the ante in ...
May 24, 2021 (Gmt+09:00)
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Mezzanine loans
Korean LPs to sue Mirae, NH over Las Vegas loan loss
South Korean institutional investors in the Drew Las Vegas development are preparing to file a lawsuit against two domestic brokerage firms, seeking...
May 13, 2021 (Gmt+09:00)
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Korean chipmakers
Korean LED maker moves up to 3rd place; CEO still growing hair
Seoul Semiconductor Co., whose founder and CEO has not cut his hair since 2018 to concentrate on patent lawsuits, has moved up one notch to third pl...
Apr 13, 2021 (Gmt+09:00)
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Debt financing
Meritz Sec faces losses from $350 mn loan on NY condo
South Korea's Meritz Securities Co. is at high risk of incurring losses from its $350 million lending on a luxury condominium tower in Manhattan, Ne...
Apr 05, 2021 (Gmt+09:00)
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IPOs
Snowballing losses cloud Hyundai Heavy’s 2021 IPO plans
South Korean shipbuilder Hyundai Heavy Industries Co. saw its net losses snowball in 2020, clouding its initial public offering plans for this year....
Mar 31, 2021 (Gmt+09:00)
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Real estate
Korea's global real estate fund investors brace for losses
The combined balance of overseas real estate investment funds sold in South Korea saw a drop in their net asset value below the original value by 40...
Mar 25, 2021 (Gmt+09:00)
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Private debt
Korean investors face $270 mn loss on Las Vegas hotel loans
South Korean investors in the Drew Las Vegas development project are at higher risk of losing their investment of 300 billion won ($271 million) in ...
Feb 12, 2021 (Gmt+09:00)
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Korean stock market
Hyundai Heavy announces 5-for-1 share split, 2020 operating loss
Hyundai Heavy Industries Holdings Co. on Thursday announced a five-for-one share split after reporting an operating loss in 2020 due to weak shipbui...
Feb 04, 2021 (Gmt+09:00)
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Alternative investments
Brokerage firms see losses on $7 bn overseas alternatives
South Korea’s 22 brokerage firms have classified a combined 7.5 trillion won ($6.9 billion), or 15.7%, of their cumulative overseas alternat...
Jan 04, 2021 (Gmt+09:00)
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Quarterly earnings
Hyundai Motor reports Q3 loss on $2 bn provisioning
Hyundai Motor Co. turned to an operating loss in the third quarter, after it booked 2.1 trillion won ($1.9 billion) as one-off charges related to its ...
Oct 26, 2020 (Gmt+09:00)
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Display earnings
LG Display swings to Q3 profit, ending six-quarter string of losses
LG Display Co., a major South Korean display panel maker, has swung to a quarterly profit for the first time in seven quarters on growing demand amid ...
Oct 22, 2020 (Gmt+09:00)
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Airlines
Korean Air, Asiana log earnings surprises on cargo flights as global rivals record losses
Korean Air Lines Co. and Asiana Airlines Inc. have bucked the global trend of the devastating aviation industry and made rare quarterly profits, as th...
Aug 07, 2020 (Gmt+09:00)
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NPS concerned over loss of trust; CIO calls for going back to basics
The ongoing investigations into the National Pension Service (NPS) by special prosecutors have crippled the South Korean fund’s operations, and its ch...
Jan 03, 2017 (Gmt+09:00)
Latest News
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- 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