HSCEI linked ELS

Earnings S.Korea’s top 4 financial holding firms cheer upbeat Q1 results

South Korea’s top four financial holding companies – Shinhan, KB, Hana and Woori – reported stellar earnings for the first quarter...

Earnings KB Financial logs 61% profit growth, rebounding from ELS fiasco

KB Financial Group Inc. on Thursday reported a 61% jump in first-quarter profit, led by a nearly threefold rise in earnings at its flagship unit Koo...

Stocks China stock funds outperform US funds in South Korea

Chinese stocks are attracting South Korean investors looking beyond Wall Street amid the downturn in US Big Tech stocks.South Korea’s equity f...

Automobiles Hyundai AutoEver establishes JV in Indonesia

South Korea's Hyundai AutoEver Corp. said on Monday it built the joint venture PT Terra Link technology in Indonesia with India's MapmyIndia. T...

Culture & Trends Korea to launch regular K-content festival in June

South Korea plans to host a regular event showcasing its cultural products such as K-pop and foods in June of next year with the goal of making the ...

Construction SGC E&C secures $92 mn chemical plant project in Malaysia

South Korea's SGC eTEC E&C Co. announced on Monday that it secured an additional chemical plant construction project in Malaysia worth 127.3 bil...

Korean stock market Korean stocks linked to a Trump victory soar after shooting

Investors in the South Korean stock market rushed to stocks seen as connected to former US President Donald Trump on Monday, such as construction, n...

Hydrogen economy Hyundai E&C to build S.Korea's first nuclear-linked hydrogen plant

South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) will lead a consortium to build the nation's first hydrogen production fa...

Real estate IGIS fund defaults on loan linked to German office

A 370-billion-won ($270 million) real estate fund managed by IGIS Asset Management Co. faces a heavy loss from its investment in Trianon, a landmark...

Earnings Korean banking group's Q1 profits drop on ELS sales

The combined net profit at South Korea’s four largest financial services firms, including KB Financial Group, are estimated to have dropped ne...

Regulations State intervention in HSCEI-tied ELS sale debacle could backfire: scholars

South Korea’s economics scholars oppose government-led countermeasures, including compensation packages, to handle mounting retail investor lo...

Aerospace & Defense KAI to invest $76 mn in unmanned fighter jets

Korea Aerospace Industries Ltd. (KAI) has announced that it plans to invest 102.5 billion won ($76.64 million) in the development of core technologi...

Korean stock market Korean banks stop ELS sales after HSCEI debacle

South Korean banks are scurrying to suspend the sale of equity-linked securities (ELS) after the country’s financial regulator said it may con...

Construction Central, South America: Korean builders’ El Dorado

South Korean construction companies are penetrating deeper into Central and South America, where high demand for infrastructure facilities is now se...

Korean stock market Korea’s ELS market to stagnate after HSCEI debacle: KOFIA chairman

The Korea Financial Investment Association (KOFIA) will go all out to minimize any adverse effects on the South Korean financial market from an anti...

Korean stock market Korean investors doomed to suffer $171 mn losses from HSCEI ELS

South Korean investors have already suffered about 230 billion won ($171 million) losses from their investments in equity-linked securities (ELS) ti...

Entertainment Innocean, HYBE launch Seventeen project in Bangkok

Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, announced on Wednesday that it has launched a K-pop boy g...

Korean stock market S.Korea launches official probe into HSCEI-tied ELS sale

South Korea’s financial authorities have opened an official probe into local banks and securities firms’ potential misselling of equity-...

Automobiles LG Uplus, Toyota Motor Korea team up for EV chargning

South Korea's LG Uplus Corp. announced on Monday that it formed a partnership with Toyota Motor Korea to expand electric vehicle (EV) charger infr...

Korean stock market Korean ELS investors biting nails over sharp falls in Hong Kong shares

Chinese shares listed on the Hong Kong bourse have fallen sharply so far this year, placing the city’s main stock index, the HSCEI, among the ...

Venture capital Lotte Ventures hosts L-Camp in Tokyo for promising Korean startups

 TOKYO – Lotte Ventures Corp., the corporate venture capital (CVC) business unit of South Korea’s Lotte Group, on Thursday hosted L...

Retail Korea’s Lotte Shopping aims to double profit, seek new biz

Lotte Shopping Co., South Korea’s retail giant, aims to double its profit in three years by expanding its Southeast Asian operations and cemen...

Tech, Media & Telecom SK Ecoplant to build data center linked to landing station in Pohang

South Korea's SK Ecoplant is set to establish, for the first time in South Korea, a global data center linked to a landing station in Pohang, North ...

Metaverse LG Uplus to enter fashion metaverse

South Korea‘s LG Uplus Corp. has launched a fashion metaverse business, starting this month the clothing store Meta Slap, a digital service fo...

Logistics HMM opens Indian-Mediterranean container route

South Korea’s HMM Co. has opened a container route to India and the Mediterranean.  In addition to serving the US and Europe, the conta...

Electronics Cuchen links rice cookers to Samsung Electronics’ IoT

South Korea’s kitchen appliance maker Cuchen on Monday said it will link two rice cookers possessing Internet of Things (IoT) technology to Sa...

Aerospace & Defense Hanwha Systems wins $34.5 mn CMS order from Philippine Navy

South Korea's Hanwha Systems Co. revealed on Friday its bid to provide its domestically developed combat management system (CMS) to six 2,400-t...

Pension funds NPS' alternative assets underperform benchmark amid high inflation

National Pension Service (NPS) in South Korea, the world’s third-largest pension fund, saw its returns on alternative investments last year un...

Artificial intelligence SK Telecom, Golfzon develop AI golf platform

An artificial intelligence platform in South Korea has produced a golfing coach that analyzes and diagnoses problems in swing posture and recommends...

Tech, Media & Telecom SK Telecom's integrated tech links QCC networks

South Korea's SK Telecom Co. on Wednesday said it developed a technology that virtualizes and connects quantum cryptography and communication (QCC) ...