Jungbu Country Club

IPOs LG Electronics eyes India IPO delay, says plan in flux

LG Electronics Inc. is mulling putting off an initial public offering of its wholly owned subsidiary in India amid growing volatility in the global ...

Foreign exchange S.Korea plans $1.2 bn forex bond issue after presidential election

South Korea plans to issue up to $1.2 billion in foreign exchange stabilization bonds as early as June, in what would mark the new administration&rs...

League table UBS tops Korea’s buyout deal advisory in Q1 thanks to Lotte

UBS Group AG, the frontrunner in South Korea's M&A market last year, retained the top position in the country's buyout advisory market in the fi...

Short selling All listed stocks to be available for shorting in South Korea

South Korea will allow short selling of all listed stocks in the country as of Monday for the first time in five years, raising expectations of more...

Retail Koreans’ craving for luxury goods fades

Until recently, it was not unusual to see people waiting in a long line in front of foreign haute couture brands’ stores early in the morning ...

Business & Politics Korea sees record February auto exports before looming Trump tariffs

South Korea enjoyed record February auto exports on strong demand in the US ahead of its looming tariffs, the government said on Tuesday, while the ...

Automobiles Kia’s Chinese operations turn to profit after 8 years; Export strategy pays off

South Korea’s No. 2 automaker Kia Corp. saw its Chinese operations turn profitable in 2024 for the first time in eight years as brisk exports ...

Pension funds South Korea’s pension fund NPS risks massive loss from Homeplus fiasco

South Korea’s National Pension Service (NPS), the nation’s biggest institutional investor, could lose more than 1 trillion won ($692 mil...

Economy S.Korea logs current account surplus in Jan; Growth slows

South Korea reported a current account surplus for 21 straight months in January but with a moderated gain largely due to a contraction in the goods...

Economy S.Korea’s factory output dips in January; Retail sales, investment slow

South Korea’s factory production decreased in the first month of this year due to a manufacturing slowdown, while private consumption and busi...

Korean startups South Korea loses tech startups at rapid clip amid dwindling funding

Concerns are growing that the tech startup ecosystem in South Korea, home to global tech household name Samsung Electronics Co., would be trapped in...

Regulations South Korea to fully resume short selling in March: FSC Chief

South Korea will allow short selling on all listed stocks in the country next month as planned, said the chief of the country’s financial regu...

Corporate bonds S.Korea’s corporate bond market cools amid poor earnings

Investors’ appetite for corporate debts sold by South Korea’s petrochemical, retail and battery companies has waned this month amid grim...

Steel South Korea to levy 38% anti-dumping duties on Chinese steel products

South Korea plans to impose up to 38% provisional anti-dumping duties on Chinese hot-rolled steel plates starting next month, judging that those pro...

IPOs South Korean IPO market headed into winter after pitiful LG CNS debut

Companies in South Korea are expected to refrain from seeking initial public offerings for a while after the country’s much-anticipated new bl...

Business & Politics Yoon becomes first S.Korean sitting president to be formally arrested

South Korean President Yoon Suk Yeol has become the country's first sitting president to be arrested on rebellion charges as part of a probe into hi...

Food & Beverage Paris Baguette partners with Tottenham Hotspur

South Korean bakery brand Paris Baguette, operated by SPC Group, said on Wednesday it partnered with Premier League football club Tottenham Hotspu...

Energy SK Energy, Korea’s first refiner to export sustainable aviation fuel to Europe

SK Energy Co., South Korea’s largest oil refiner, said on Sunday it has shipped its first batch of sustainable aviation fuel (SAF) to Europe, ...

Webtoons S.Korea's webtoon industry sales surpasses $1.36 bn

South Korea's webtoon market size surpassed 2 trillion won ($1.36 billion) for the first time. The South Korean Ministry of Culture, Sports and...

Foreign exchange Global investment banks see Korean won staying weak in 2025

The South Korean won is forecast to hover in the mid-1,400s level against the dollar through the third quarter of 2025, according to global investme...

Investment banking S.Korean securities firms race for IB market leadership

South Korean securities firms have upped the ante in a race to win the country’s investment banking (IB) market this year after aggressive bus...

Upcoming IPOs Rosy outlook for South Korean fintech IPOs in 2025

The South Korean fintech industry, which bloomed a decade ago, is poised to take the next step for the coming 10 years after prominent players began...

Economy S.Korea-Philippines FTA to boost car and food exports

South Korea and the Philippines free trade agreement (FTA) is expected to increase exports to the Philippines, especially cars and parts, which will...

Cryptocurrencies Koreans flock to cryptos amid Trump-fueled crypto craze

The number of South Koreans investing in cryptocurrencies recently broke past 15 million — about 30% of the country’s population —...

Economy South Korea becomes super-aged society faster than expected

One in five South Koreans is now 65 years old or older as the Asian country grapples with the demographic challenge of a rapidly aging population an...

Economy South Korea’s economic system remains resilient: finance minister

The South Korean economy is solid, and the government will take “bold and swift’’ actions if needed to stabilize Asia’s four...

Economy Korea’s credit fundamentals remain firm amid political crisis: Fitch

South Korea’s credit rating remained unscathed by the political turmoil caused by the short-lived martial law declaration of President Yoon Su...

Business & Politics S.Korea to ease rules for employment permit system

The South Korean government plans to revamp its employment authorization system to allow foreign workers to stay in the country longer. Foreign...

Mergers & Acquisitions Blackstone, Carlyle, MBK vying for CJ CheilJedang’s bio business

Blackstone, Carlyle Group and MBK Partners have joined the race to purchase the bio business of CJ CheilJedang Corp., the world’s largest prod...

Shipping & Shipbuilding HD Hyundai Heavy delivers Aegis destroyer to S.Korean Navy

South Korea's HD Hyundai Heavy Industries Co. completed and delivered Jeongjo the Great, one of the world's top-tier Aegis destroyers, to the South ...