low prices
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Mergers & Acquisitions
CJ CheilJedang scraps sale of Brazilian unit CJ Selecta to Bunge
CJ CheilJedang Corp., South Korea’s largest food company, has cancelled the sale of a 66% stake in Brazilian soybean crusher CJ Selecta S.A. a...
Apr 29, 2025 (Gmt+09:00)
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Steel
POSCO raises ship steel prices as Korea's tariffs curb supply
POSCO Holdings Inc. has raised second-quarter prices of thick plates used in vessels amid concerns over tighter supply after South Korea levied anti...
Apr 28, 2025 (Gmt+09:00)
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Mergers & Acquisitions
IMM consortium owns 100% of Hyundai LNG Shipping; Stake sale eyed
A consortium of IMM Private Equity Inc. and IMM Investment Corp. has secured full ownership of Hyundai LNG Shipping, South Korea’s top liquefi...
Apr 07, 2025 (Gmt+09:00)
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Korean chipmakers
SK Hynix aims to lock in all 2026 HBM orders by mid-2025
SK Hynix Inc., the world’s largest supplier of high-bandwidth memory (HBM), aims to lock in orders for its entire 2026 HBM output by the end o...
Mar 27, 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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Foreign exchange
South Korea’s forex reserves dip to nearly 5-year low in February
South Korea’s foreign exchange reserves diminished to the lowest level in nearly five years last month, largely due to the expanded forex swap...
Mar 06, 2025 (Gmt+09:00)
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Markets
Mirae Asset launches world’s 1st passive target-date ETF
Mirae Asset Global Investments Co. is set to introduce the world’s first passive target-date exchange-traded fund (ETF) this month to attract ...
Mar 05, 2025 (Gmt+09:00)
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Upcoming IPOs
Seoul Guarantee Insurance to raise $124 million from IPO
Seoul Guarantee Insurance Co. (SGI) will raise 181.5 billion won ($124.2 million) through an initial public offering later this month in its second ...
Mar 04, 2025 (Gmt+09:00)
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Private equity
Kyobo Life’s Shin in talks with Affinity, GIC over exits below purchase price
Kyobo Life Insurance Co., South Korea’s third-largest life insurer, is in talks with some of its financial investors (FIs) to help them exit f...
Feb 25, 2025 (Gmt+09:00)
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Steel
Korea to probe Chinese, Japanese steel imports over anti-dumping claims
South Korea is set to launch an anti-dumping investigation into hot-rolled steel imports from China and Japan, according to government and industry ...
Feb 19, 2025 (Gmt+09:00)
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IPOs
Korean firms cut IPO prices, volumes amid bearish sentiment
South Korean companies are relaunching attempts to go public with lower valuations and fewer shares amid continued sour investor sentiment.CK Soluti...
Feb 05, 2025 (Gmt+09:00)
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Korean startups
Funding to Korean tech startups at 7-year low; seed funding soars
New funding to South Korean tech startups dropped to its lowest level in seven years in 2024. But seed funding soared 142% led by semiconductor, hea...
Feb 03, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Korea’s Cactus PE to buy stake in Kosdaq-listed EV parts firm
South Korea’s Cactus Private Equity is set to acquire a stake in YM Tech Co., a Kosdaq-listed electric vehicle (EV) parts maker, for nearly 20...
Jan 22, 2025 (Gmt+09:00)
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Korean chipmakers
SK Hynix sharply narrows gap with Samsung’s market cap
SK Hynix Inc. has significantly raised its value by bolstering its presence in the artificial intelligence memory market, threatening Samsung Electr...
Jan 22, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy wins $264 mn order for LNGC
South Korea’s shipbuilder Samsung Heavy Industries said on Monday it won 379.6 billion won ($264 million) for one unit of liquefied natural ...
Jan 21, 2025 (Gmt+09:00)
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IPOs
LG CNS set to price February IPO at top of price band
LG CNS Co., an information technology service company, is set to price its initial public offering at the top of its proposed price range to raise 1...
Jan 15, 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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Foreign exchange
South Korea’s forex reserves drop to 5-year low in 2024
South Korea’s foreign exchange reserves shrank to a five-year low at the end of last year after the country’s foreign exchange authoriti...
Jan 07, 2025 (Gmt+09:00)
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Korean stock market
Kospi to move in 2,350-3,200 range in 2025: brokerages
South Korean stocks are expected to bounce back in the new year as their extremely low valuation following investors’ massive sell-offs in 202...
Dec 31, 2024 (Gmt+09:00)
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Mergers & Acquisitions
M&A deals in South Korea hit 7-year low in 2024
South Korea’s mergers and acquisitions market shrank further in 2024, with leading business groups seeking to unload non-core assets to bolste...
Dec 23, 2024 (Gmt+09:00)
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Pension funds
NPS to invest record $1.4 billion in Korean property market in 2025
South Korea’s National Pension Service (NPS) plans to invest 2 trillion won ($1.4 billion) in the domestic real estate market next year to gai...
Dec 18, 2024 (Gmt+09:00)
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Paper
Korean paper makers to file anti-dumping complaint vs Japanese rivals
South Korean corrugated cardboard sheet makers such as Asia Paper Manufacturing Co. have decided to file an anti-dumping complaint against Japanese ...
Dec 15, 2024 (Gmt+09:00)
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Chemical Industry
HD Hyundai Oilbank supplies bio VLSFO to Yangming
HD Hyundai Oilbank Co., a South Korean crude oil refiner backed by Saudi Aramco, said on Thursday it started to supply Taiwan-based Yang Ming Marine...
Dec 12, 2024 (Gmt+09:00)
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Corporate restructuring
Doosan Robotics’ merger with Bobcat fails on share price plunge
Doosan Group on Tuesday canceled Doosan Bobcat Co.'s merger with Doosan Robotics Inc. again after President Yoo Suk Yeol’s failed martial law ...
Dec 10, 2024 (Gmt+09:00)
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IPOs
Sono International seeks IPO in 2025 with $2.1 billion in corporate value
South Korea’s top resort operator Sono International Co. is seeking an initial public offering of its shares on the Korean market next year, r...
Dec 05, 2024 (Gmt+09:00)
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Economy
Korea’s export growth at 14-month low, adds to BOK rate cut views
South Korea’s export growth fell to a 14-month low in November with shipments to the world’s two biggest markets the US and China down, ...
Dec 01, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc’s role questioned in SM Entertainment stock manipulation case
When OneAsia Partners, a Seoul-based private equity fund operator, revised part of its PEF Havana I’s articles of association on Feb. 14, 2023...
Nov 28, 2024 (Gmt+09:00)
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Chemical Industry
Hyosung TNC mulls takeover of chemical affiliate’s specialty gas unit
Hyosung TNC Corp., the world’s top spandex maker, is considering taking over the specialty gas business of its chemical affiliate, news of whi...
Nov 22, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HMM introduces S.Korea's first LNG-powered vessels
South Korea's HMM Co. said on Friday that it will introduce two 7,700 TEU (1 TEU equals one 20-foot container) container ships powered by liquefied ...
Nov 22, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Hyosung Chemical scraps specialty gas unit sale to IMM, STIC
Hyosung Chemical Corp. has failed to reach an agreement with a consortium of IMM Private Equity and STIC Investments Inc. to sell its specialty gas ...
Nov 21, 2024 (Gmt+09:00)
Latest News
- 1 BMW Surpasses Mercedes in Sales – Imported Car Market 'Shake-Up'
- 2 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 3 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 4 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 5 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google