low borrowing costs
Scope
Date
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Earnings
LG Elec Q2 profit misses forecast on costs; stocks tumble
LG Electronics Inc., the world’s leading home appliance maker, missed quarterly profit projections due to one-time costs related to job cuts, ...
Jul 07, 2023 (Gmt+09:00)
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Batteries
POSCO revises up 2030 cathode output target by 40%
POSCO Future M Co. is aiming to be South Korea’s largest cathode material producer by 2030, by when it hopes its output will sharply exceed th...
Jul 07, 2023 (Gmt+09:00)
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Economy
Korea inflation at 21-month low; BOK may end rate hikes
South Korea’s headline inflation dropped for a fifth straight month to a 21-month low, adding to expectations that the central bank might not ...
Jul 04, 2023 (Gmt+09:00)
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Artificial intelligence
LG Uplus releases ad with generative AI
South Korea’s third-largest mobile carrier LG Uplus Corp. on Tuesday unveiled the first video ad using generative artificial intelligence (AI)...
Jul 04, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SK E&S eyes business split-up to raise up to $1. 5 bn
South Korea’s SK E&S Co. is seeking to split up its business to raise up to 2 trillion won ($1.5 billion), according to people with knowle...
Jun 29, 2023 (Gmt+09:00)
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Korean stock market
S-Oil hits 52-week low on earnings concerns
S-Oil Corp. hit a 52-week low on Thursday as analysts slashed earnings estimates for the South Korean oil refiner.The stock hit its lowest level sin...
Jun 29, 2023 (Gmt+09:00)
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Electronics
Samsung Display to dump entire stake in LCD equipment maker
South Korea’s Samsung Display Co. is set to sell its stake in a domestic liquid crystal display equipment maker as the unit of global tech gia...
Jun 29, 2023 (Gmt+09:00)
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Airlines
Korean Air to use bio-jet fuel on international flights
Korean Air Lines Co. announced on Thursday that it will start operating bio-jet fuel flights in partnership with GS Caltex Corp., marking the first ...
Jun 29, 2023 (Gmt+09:00)
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Private equity
Korea’s SK Square sells off entire stake in Grab as shares tumble
SK Square Co., the intermediate holding company of South Korea’s SK Group, has liquidated Grab Geo Holdings, a joint venture with Grab Holding...
Jun 22, 2023 (Gmt+09:00)
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Rights offerings
CJ CGV seeks more fund from parent, stocks at 15-yr low
Shares of CJ CGV Co., South Korea’s top multiplex cinema chain, hit the lowest level since the 2008-09 global financial crisis on Wednesday as...
Jun 21, 2023 (Gmt+09:00)
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Shareholder activism
Tribunal partially accepts Elliott’s claims over Samsung merger
The International Center for Settlement of Investment Disputes (ICSID) on Tuesday ruled in favor of US-based hedge fund Elliott Investment Managemen...
Jun 20, 2023 (Gmt+09:00)
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Korean food
S.Korean SMEs unprepared for Indonesia’s mandatory halal certification
South Korea's Ministry of SMEs has begun moving to help SMEs planning to export to Indonesia obtain halal certification.The SME Ombudsman said on Tu...
Jun 20, 2023 (Gmt+09:00)
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Foreign exchange
Yen breaches key level vs Korean won to hit 8-year low
The Japanese yen on Monday extended losses against the South Korean won to touch an eight-year low, briefly breaching a psychological support line a...
Jun 19, 2023 (Gmt+09:00)
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Machinery
Hanwha Solutions to form industrial complex for chips, auto parts
South Korea's energy service, petrochemical and real estate development company Hanwha Solutions Corp. will build H-Techno Valley, an industrial com...
Jun 19, 2023 (Gmt+09:00)
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Markets
Japanese yen near 8-year low against S.Korean won
The Japanese yen is nearing its lowest level in eight years against the South Korean won, with their exchange rate hovering around the 9.00 level.It...
Jun 14, 2023 (Gmt+09:00)
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Batteries
LG, Samsung showcase new battery packs at InterBattery Europe 2023
MUNICH – South Korea’s two leading battery makers – LG Energy Solution Ltd. and Samsung SDI Co. – on Wednesday unveiled low-...
Jun 14, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Glonet: A case of Korea's logistics David vs Japan’s shipping Goliath
TOKYO – Glonet Co. is a novice logistics company hardly known in Japan’s time-honored shipping industry.The small South Korean shipping ...
Jun 07, 2023 (Gmt+09:00)
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Steel
POSCO launches first product from its low-carbon Greenate brand
South Korea's top steelmaker POSCO on Sunday launched the first product from its low-carbon brand Greenate.Greenate features distribution-type produ...
Jun 05, 2023 (Gmt+09:00)
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Economy
Korea inflation at 19-mth low; casts doubts over rate hike
South Korea’s headline inflation fell for a fourth straight month in May to a 19-month low amid continuous signs of a slowdown in Asia’s...
Jun 02, 2023 (Gmt+09:00)
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Steel
POSCO readies for leap to carbon-neutral steel
South Korea’s POSCO Group is preparing to produce carbon-neutral steel, using hydrogen instead of fossil fuels such as coal and natural gas, w...
May 30, 2023 (Gmt+09:00)
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Construction
Hyundai E&C, Holcim to jointly develop low-carbon construction materials
South Korea's Hyundai Engineering & Construction (E&C) said on Thursday that it has established an agreement with Holcim, a renowned global ...
May 25, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SpaceX pushes back Starlink's S.Korea launch to Q4
Starlink, low-orbit satellite internet constellation operated by the US aerospace company SpaceX, has delayed the launch of its South Korean service...
May 22, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung to launch Galaxy A24 in S.Korea to target low-end market
Samsung Electronics Co. announced on Thursday that it will release the Galaxy A24, a budget phone model in the domestic market on Friday to targetin...
May 18, 2023 (Gmt+09:00)
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Airlines
S.Korea's leading low-cost carrier Jeju Air posts record-high Q1 results
South Korea's leading low-cost carrier (LCC) Jeju Air Co. posted record-high performance in the first quarter. Industry analysts say domestic LCCs w...
May 10, 2023 (Gmt+09:00)
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Airlines
S.Korea's Air Premia, T'way compete for golden routes to Europe
South Korea's low-cost carriers (LCC) Air Premia and T'way Air Co. are competing to secure "golden routes" to Europe that Korean Air must give up to...
May 08, 2023 (Gmt+09:00)
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Batteries
EcoPro BM share drops as falling material costs forecast to hurt revenue
EcoPro BM Co., the top stock on South Korea’s junior bourse Kosdaq, declined on Wednesday as some brokerage houses have downgraded the shares ...
May 04, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Korea's Kakao Pay to buy 51% of US financial firm Siebert
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., announced on Thursday it has signed an a...
Apr 27, 2023 (Gmt+09:00)
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Economy
Korea's expected inflation hits 11-month low
South Korea's expected inflation has hit a record low of 3.7% in 11 months in April 2023. While the consumer price index rose by 4.2% last month, wh...
Apr 26, 2023 (Gmt+09:00)
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Economy
S.Korea’s births fall to record low in February
South Korea's births fell to a fresh low in February in 2023. The number of deaths decreased, but the population continued to decline naturally for ...
Apr 26, 2023 (Gmt+09:00)
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Economy
S.Korea’s public spending on maternity, child care falls short of OECD average
South Korea’s government budget for tackling the nation's low birth rate has risen to 2.25% of GDP, but housing support accounts for a major p...
Apr 26, 2023 (Gmt+09:00)
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