Daishin Securities office
Scope
Date
~
-
The KED View
Shinsegae’s day of reckoning looms for online ambitions
Back in 2021, South Korea’s retail titan Shinsegae Inc. beat its archrival Lotte Shopping Co. to purchase Gmarket and Auction, the country's t...
May 08, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
Woori Financial acquires Korea Foss Securities to offer brokerage services
Woori Financial Group Inc., South Korea’s fourth-largest financial services group, has acquired Korea Foss Securities Co., paving the way for ...
May 03, 2024 (Gmt+09:00)
-
Foreign exchange
Navigating choppy waters: Dollar-won FX forecasting
Late last year, when the Korean won traded at 1,288 per dollar, most market analysts and economists predicted that the Korean currency would regai...
Apr 26, 2024 (Gmt+09:00)
-
Korean chipmakers
SK Hynix, TSMC tie up to stay ahead of Samsung for HBM supremacy
South Korea’s SK Hynix Inc. said on Friday it is partnering with Taiwan Semiconductor Manufacturing Co. (TSMC) to jointly develop next-generat...
Apr 19, 2024 (Gmt+09:00)
-
Korean stock market
HD Hyundai Electric likely to join MSCI Korea: Samsung Securities
HD Hyundai Electric Co., Alteogen Inc. and Enchem Co. are expected to be invited to join Morgan Stanley Capital International’s Korea Index wh...
Apr 19, 2024 (Gmt+09:00)
-
Upcoming IPOs
Korea’s vision AI startup Superb AI eyes IPO in H1, 2026
South Korea’s promising vision AI platform developer Superb AI Inc., which has recently added generative AI to its business portfolio, is seek...
Apr 18, 2024 (Gmt+09:00)
-
Entertainment
Kakao Entertainment, Billboard to collaborate for K-pop
South Korea's Kakao Entertainment Corp., a unit of mobile platform giant Kakao Corp., partnered with the renowned US music magazine Billboard on W...
Apr 18, 2024 (Gmt+09:00)
-
Batteries
POSCO Holdings, KNOC to jointly secure lithium in Canada
POSCO N.EX.T Hub, the venture platform of POSCO Holdings Inc., announced on Thursday that it signed a memorandum of understanding (MOU) with the K...
Apr 18, 2024 (Gmt+09:00)
-
Real estate
Keppel REIT to sell Seoul-based prime office T Tower
Singapore’s Keppel REIT Management Ltd. is set to divest of its Seoul-based prime office building T Tower near Seoul Station.Real estate manag...
Apr 16, 2024 (Gmt+09:00)
-
Food & Beverage
Tim Hortons opens sixth store in S.Korea
Canadian coffee brand Tim Hortons opened its sixth store in K-Twin Towers in Gwanghwamun, Seoul, South Korea, according to the company on Tuesday.&n...
Apr 16, 2024 (Gmt+09:00)
-
Artificial intelligence
Hanwha Vision unveils cloud, AI security techs in US
South Korea's Hanwha Vision Co. announced on Friday that it participated in the International Security Conference & Exposition (ISC) 2024, the l...
Apr 12, 2024 (Gmt+09:00)
-
Korean stock market
Korea’s 'Seven Tigers,' next hot stocks: Hyundai Motor Securities
Japan may have its Seven Samurai and the US its Magnificent Seven, but South Korea has "Seven Tiger" stocks thanks to the artificial intelligence ch...
Apr 09, 2024 (Gmt+09:00)
-
Construction
Samsung C&T to build Korea’s first $103 mn hydrogen tank for power plant
Samsung C&T Corp., the construction and trading unit of South Korea’s Samsung Group, has clinched a 140 billion won ($103 million) deal to...
Apr 09, 2024 (Gmt+09:00)
-
Investment banking
Goldman Sachs names Choi Seoul office chief
Global investment bank Goldman Sachs said on Monday that it has named managing director Choi Jae-joon as the new chief of its Seoul office.Choi lead...
Apr 08, 2024 (Gmt+09:00)
-
Corporate investment
Korean companies’ 2024 facility investment doubles to $39.4 billion
South Korea’s major companies invest heavily in facilities to seek new growth engines and drive up their corporate value amid tough business c...
Apr 08, 2024 (Gmt+09:00)
-
Construction & Planning
Samsung, GS win $7.2 bn gas plant project in Saudi
South Korea’s Samsung Engineering (new name: Samsung E&A) and GS Engineering & Construction Corp. (GS E&C) won a $7.2 billion co...
Apr 03, 2024 (Gmt+09:00)
-
Real estate
Blackstone sells prime Seoul office building for $586 mn to Koramco
Blackstone Inc. completed selling off Arc Place, a prime office building located in Seoul's upscale Gangnam area, to Koramco REITs Management and Tr...
Apr 01, 2024 (Gmt+09:00)
-
Banking & Finance
Shinhan Securities leads M&A of Trench Group
South Korea's Shinhan Securities announced on Friday that it participated as the lead underwriter in the merger and acquisition deal of Trench Group...
Mar 29, 2024 (Gmt+09:00)
-
Banking & Finance
NH Investment gets APEC Cross Border Privacy Rules
South Korea's NH Investment & Securities announced Friday that it obtained the global personal information protection certification APEC Cross-B...
Mar 29, 2024 (Gmt+09:00)
-
Earnings
Weak property market cuts into Korean securities firms’ profits
dd South Korea’s securities firms suffered a 20% fall in overall net profit last year hurt by the weak property market, adding to bearish vie...
Mar 25, 2024 (Gmt+09:00)
-
Real estate
Shinhan to build landmark office tower for non-banking units
Shinhan Financial Group Co., South Korea's second-largest financial group, plans to build a new high-rise office tower in Seoul’s central busi...
Mar 25, 2024 (Gmt+09:00)
-
Debt financing
MBK secures $1 bn refinancing on Homeplus from Meritz
MBK Partners, the North Asia-focused private equity firm, has refinanced all of its 1.3 trillion won ($1 billion) loans on Homeplus with a new one f...
Mar 22, 2024 (Gmt+09:00)
-
Business & Politics
Dubai Chamber of Commerce to open Seoul office
The Dubai Chamber of Commerce in the United Arab Emirates (UAE) will open an office in Seoul, South Korea by May this year, according to industry so...
Mar 19, 2024 (Gmt+09:00)
-
Real estate
Daishin to sell its headquarters at $493 mn to NH-Amundi
South Korea’s Daishin Securities Co. is set to sell its headquarters office to NH-Amundi Asset Management Co. for 660 billion won ($492.6 mill...
Mar 19, 2024 (Gmt+09:00)
-
Artificial intelligence
LG Elec expands workforce to enhance AI cyber security
LG Electronics Inc., the leading global home appliance maker, is actively increasing its workforce to improve artificial intelligence cyber security...
Mar 17, 2024 (Gmt+09:00)
-
Private equity
Korean rental platforms become headache for PE investors
South Korean rental platforms have become a headache for private equity firms, with their declining profits and dim business outlooks making them ha...
Mar 14, 2024 (Gmt+09:00)
-
Regulations
South Korea gets tough with Chinese platforms AliExpress, Temu, Shein
South Korea plans to introduce a get-tough e-commerce policy on Chinese platforms such as AliExpress, Temu and Shein amid increasing complaints abou...
Mar 13, 2024 (Gmt+09:00)
-
Real estate
Seoul landmark Donuimun D Tower put up for sale
South Korean real estate firm Mastern Investment Management is set to sell off Donuimun D Tower, a landmark office building in Seoul, for about 900 ...
Mar 11, 2024 (Gmt+09:00)
-
Shipping & Shipbuilding
Korea reclaims top spot in global shipbuilding orders in February
South Korean shipbuilders reclaimed the global No. 1 position in new orders last month for the first time since October 2023, according to data by U...
Mar 06, 2024 (Gmt+09:00)
-
Electronics
Galaxy S24 Ultra named top phone in US
Samsung Electronics Co. 's latest flagship AI phone model the Galaxy S24 Ultra has secured the top position in the smartphone evaluation by the US C...
Mar 06, 2024 (Gmt+09:00)