tax cuts
Scope
Date
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Economy
Korea’s 2021 current account surplus misses BOK forecast
South Korea’s current account surplus last year missed the central bank’s forecast as higher raw materials prices boosted imports of Asi...
Feb 10, 2022 (Gmt+09:00)
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Earnings
Samsung’s 2022: Year of war on uncertainty, shaky supply chain
Samsung Electronics Co.'s spectacular 2021 earnings report on Thursday was overshadowed by its murky business outlook, as the world’s top make...
Jan 27, 2022 (Gmt+09:00)
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Earnings
POSCO logs record profit on steel supercycle in 2021
POSCO Co., the world’s sixth-largest steelmaker, reported record earnings in 2021, adding to the bullish outlook, as China sustained a policy ...
Jan 12, 2022 (Gmt+09:00)
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Energy
Hanwha Solutions shares rebound to near 40,000 won mark
Hanwha Solutions Corp. shares are rebounding after a two months-long slide. The bounce back comes on the back of expectations that its operating pro...
Jan 11, 2022 (Gmt+09:00)
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Beauty & Cosmetics
LG Household’s China strategy put to test as shares crash
LG Household & Health Care Ltd.’s shares have been flying high since its market debut in 2001, and have more recently basked in the global...
Jan 10, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korean Air’s post-merger plan hits snag after conditional approval
Korean Air Lines Co. faces growing pressure from the country’s antitrust regulator to drastically adjust its post-merger integration plans aft...
Jan 04, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung cuts NAND output in Xian on COVID-19 lockdown
Samsung Electronics Co., the world’s largest NAND flash memory chipmaker, said on Wednesday it is adjusting operations at its manufacturing fa...
Dec 29, 2021 (Gmt+09:00)
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E-commerce
Coupang's No. 2 shareholder unloads over $1 bn shares
Coupang Inc.'s second-largest shareholder Geenox Capital sold about 1.6 trillion won ($1.4 billion) worth of shares in the South Korean e-commerce p...
Dec 29, 2021 (Gmt+09:00)
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Year-end review
Korea’s Ants dump single-day record $2.7 bn shares, turn eyes overseas
South Korea’s retail investors on Tuesday dumped 3.16 trillion won ($2.7 billion) worth of shares on the country’s two main stock market...
Dec 29, 2021 (Gmt+09:00)
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Carbon neutrality
KEPCO to develop subsea transmission for ADNOC
Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) awarded a $3.6 billion contract to a consortium led by Kore...
Dec 23, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Korea Sindoh unveils cutting-edge 3D printer under new brand fabWeaver
Sindoh Co., South Korea’s top 3D printer maker, unveiled a state-of-the-art 3D printer under its new premium brand fabWeaver as it aims to exp...
Nov 18, 2021 (Gmt+09:00)
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Automobiles
Global carmakers deliver unfinished cars due to chip shortage
Global carmakers are now delivering unfinished cars, or vehicles without popular convenience features such as USB ports, to appease customers runnin...
Nov 15, 2021 (Gmt+09:00)
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Automobiles
Korean auto parts makers call for govt financial support
Representatives of South Korean auto parts makers on Friday called on the government to increase their financial support of the sector, including ta...
Nov 12, 2021 (Gmt+09:00)
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Steel
Steel scrap in high demand in steelmakers' push to cut emissions
Steel scrap, once derided as trash, is emerging as a national strategic resource as steelmakers are increasingly recycling metal scrap to reduce rel...
Nov 07, 2021 (Gmt+09:00)
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Earnings
Hyundai Motor swings to profit in Q3 on Genesis, SUVs
Hyundai Motor Co. South Korea’s top automaker, turned to an operating profit in the third quarter on strong sales of the premium Genesis model...
Oct 26, 2021 (Gmt+09:00)
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IPOs
Simone drops IPO on weak institutional investor demand
South Korean Simone Acc. Collection Ltd. has withdrawn its initial public offering plan on lukewarm demand from institutional investors, investment ...
Oct 21, 2021 (Gmt+09:00)
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Samsung Group
Tax burden pushes Samsung heirs to sell $1.8 bn worth of shares by April 2022
The heavy inheritance tax burden in South Korea is pushing the heirs of the late Samsung Group Chairman Lee Kun-hee to sell about 2.2 trillion won (...
Oct 11, 2021 (Gmt+09:00)
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Taxation
Samsung, SK Hynix to pay corporate taxes to foreign countries
South Korea’s chipmaking giants Samsung Electronics Co. and SK Hynix are set to pay hundreds of millions of dollars in corporate taxes to fore...
Oct 10, 2021 (Gmt+09:00)
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Steel
Hyundai Steel, Samsung develop tech to recycle chip waste for steelmaking
Hyundai Steel Co. and Samsung Electronics Co. said on Monday they have developed technology that can recycle the chipmaker’s wastewater sludge...
Sep 27, 2021 (Gmt+09:00)
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Copper
LS-Nikko to boost profit by 4-6% with smart factory
LS-Nikko Copper Inc., the world’s second-largest electrolytic copper maker, is beginning to reap the rewards of its smart factory project bega...
Sep 22, 2021 (Gmt+09:00)
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Copper
LS-Nikko to boost profit by 4-6% with smart factory
LS-Nikko Copper Inc., the world’s second-largest electrolytic copper maker, is beginning to reap the rewards of its smart factory project bega...
Sep 15, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Kakao says to shift toward co-existing business model
Kakao Corp. will be abandoning its growth model that has transformed once a mere mobile messenger operator into one of South Korea's largest busines...
Sep 15, 2021 (Gmt+09:00)
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Real estate
Seoul Q2 office prices rise at fastest rate in 10 yrs
Seoul office building prices rose at their strongest rate in 10 years in the second quarter of this year, driven by domestic investors as the Seoul ...
Sep 11, 2021 (Gmt+09:00)
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Banking & Finance
Woori Fin to move closer to privatization by year's end
The South Korean government will sell another big chunk of its remaining shares in Woori Financial Group by year's end to finally give up its top sh...
Sep 10, 2021 (Gmt+09:00)
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Steel
Steel stocks rally on iron ore price falls, Q3 outlook
Shares in South Korean steelmakers rose sharply in active trade on Tuesday, on the prospect that the declining iron ore price and Chinese rivals' ou...
Sep 07, 2021 (Gmt+09:00)
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IPOs
Kakao Pay cuts IPO price by 6% for October listing
Kakao Pay Corp., the digital settlement platform unit of South Korea’s top messaging app operator Kakao Corp., has slashed its initial publi...
Aug 31, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Samsung Electro-Mechanics to benefit as COVID-19 slams competitors
Samsung Electro-Mechanics is expected to benefit as the COVID-19 has hit its competitors in the global multi-layer ceramic capacitor (MLCC) market.T...
Aug 27, 2021 (Gmt+09:00)
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Pension funds
NPS to cut outsourcing of foreign bond investments
South Korea’s National Pension Service, the world’s third-largest pension fund, was set to reduce outsourcing of foreign bond investment...
Aug 25, 2021 (Gmt+09:00)
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Automobiles
Carmaker stocks hit speed bump of chip shortage, Delta variant
Shares in global carmakers such as Hyundai Motor Co. and Toyota Motor Corp. are tumbling. The automotive chip shortage is expected to deteriorate fu...
Aug 20, 2021 (Gmt+09:00)
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Energy
KOGAS cuts import costs on Qatari LNG with COVID-19 kits
Korea Gas Corp. (KOGAS) cut imports costs on liquefied natural gas (LNG) from Qatar for 20 years thanks to COVID-19 test kits.KOGAS signed on July 1...
Aug 17, 2021 (Gmt+09:00)