-
COVID-19 treatment
Samsung Biologics’ focused approach pays off in 2020
Samsung Biologics Co. delivered forecast-beating earnings this week, with its sales topping 1 trillion won ($905 million) for the first time in its nine-year history last year. Behind the impressive earnings growth was the world’s No.1 contract
10 HOURS AGO
-
Future mobility
LG, Qualcomm to cooperate in 5G connected cars
LG Electronics Inc. and Qualcomm Technologies Inc. have agreed to cooperate in the development of 5G wireless platforms for next-generation connected cars.LG Electronics, a unit of South Korea’s fourth-largest conglomerate, said on Jan. 27 that
14 HOURS AGO
-
Korean entrepreneurs
Serial entrepreneur builds gateway for cloud services
“You see all of these buildings? All of the companies in these buildings will become our clients."These were words spoken by Lee Han-joo, chief executive of Bespin Global Inc., to an employee as they walked down the streets of the skyscraper-pa
16 HOURS AGO
-
Quarterly earnings
Kia surprises market with record Q4 operating profit
Kia Corp., South Korea’s second-largest automaker, on Wednesday posted a record quarterly operating profit on the back of strong sales of high-end and recreational vehicles.The automaking unit of Hyundai Motor Group said its fourth-quarter oper
16 HOURS AGO
-
M&As
KDB mulls sale of container line HMM to POSCO
13 HOURS AGO
-
Investment funds
SK, China’s Geely to set up investment fund
20 HOURS AGO
language -
M&As
Ssangyong heads for court protection; Mahindra backs off
Jan 25, 2021 (Gmt+09:00)
-
M&As
Affiliates merge to become Kakao Ent; aim global
Jan 25, 2021 (Gmt+09:00)
-
IPOs
Hyundai Heavy plans IPO this year; valuation to near $4.5 bn
Jan 26, 2021 (Gmt+09:00)
-
Shipping IPOs
SM Line eyes Korean IPO in second half
Jan 25, 2021 (Gmt+09:00)
-
Startup IPOs
Naver-invested startups line up for IPOs
Jan 25, 2021 (Gmt+09:00)
-
ESG bonds
Hana Bank issues $600 mn in negative-yield bonds
Jan 21, 2021 (Gmt+09:00)
-
Macroeconomics
Korea posts worst economic contraction since 1998
South Korea’s economic growth rate dropped by 1 percent last year, its worst performance since the 1998 Asian financial crisis when the country's economy shrank by 5.1 percent.Last year, Korea’s gross domestic product (GDP) reported around 183.1 trillion won ($1.7 trillion), down 1 percent from the previous year, according to data relea
Jan 26, 2021 (Gmt+09:00)
language -
Korean-Americans on Wall Street
Korean social network-turned-Wall Street gateway
Korean investment bankers are more visible on Wall Street than ever before. Between 2010 and 2020, some 120 bankers, of Korean origin, landed coveted jobs at so-called bulge bracket banks such as Goldman Sachs, Morgan Stanley and JPMorgan Chase. Aside from increasing English proficiency and US education, a 10-year-old mentoring program for Korean A
Jan 25, 2021 (Gmt+09:00)
-
Stock correction warning
BOK governor warns of abrupt stock market correction
South Korea’s central bank governor has warned of an abrupt stock market correction, asking investors to refrain from excessive borrowing amid a fragile economic recovery.Speaking at a media briefing on Jan. 15 after the Bank of Korea board unanimously agreed to keep its policy rate steady at a record low of 0.5%, Lee Ju-yeol said the speed o
Jan 15, 2021 (Gmt+09:00)
