POSCO corporate value

Steel POSCO raises ship steel prices as Korea's tariffs curb supply

POSCO Holdings Inc. has raised second-quarter prices of thick plates used in vessels amid concerns over tighter supply after South Korea levied anti...

Corporate strategy KT&G eyes overseas M&A after rejecting activist fund's offer

KT&G Corp., South Korea’s dominant tobacco and ginseng producer, is seeking to acquire a Japanese ginseng company after dismissing a 1.9-t...

Batteries POSCO Future M to make spherical graphite as it cuts dependence on China

POSCO Future M Co., South Korea’s leading battery materials maker, is set to manufacture spherical graphite – a critical material for ba...

Steel POSCO to invest in Hyundai Steel’s Louisiana plant

South Korea’s top steel maker POSCO has decided to invest in Hyundai Steel Co.'s first overseas plant in Louisiana and collaborate on research...

Steel POSCO eyes investment in Hyundai Steel’s US plant

POSCO, the world’s seventh-largest steelmaker, is seeking to invest in smaller rival Hyundai Steel Co.'s first overseas plant in the US, in ex...

Steel POSCO eyes deeper steel, energy ties with global peers

POSCO Group, South Korea’s steelmaking giant, will further bolster its competitiveness in the global steel market and energy value chains thro...

Batteries LG Energy bags 1-GWh ESS battery deal from Poland’s PGE

LG Energy Solution Ltd. will supply 1 gigawatt-hour of energy storage system (ESS) batteries to a state-owned utility company in Poland in a deal ex...

Batteries SK On to supply 100 GWh of EV batteries to Nissan

SK On Co. has landed a deal to supply nearly 100 gigawatt hours (GWh) of electric vehicle batteries to Japanese carmaker Nissan Motor Co., which cou...

Steel POSCO to sell entire stake in Nippon Steel, ending equity ties

POSCO Holdings Inc. has decided to sell its entire stake in Nippon Steel Corp., according to industry sources on Wednesday, marking the end of their...

Airlines Korean Air changes badge before full integration with Asiana Airlines

Korean Air Lines Co., South Korea’s largest full-service carrier, has undergone a major makeover of its corporate identity (CI) for the first ...

Regulations MBK Partners under Korean tax agency scrutiny

MBK Partners, a leading North Asia-focused private equity firm, has come under a probe by South Korea’s National Tax Service (NTS) amid the br...

Private equity MBK-owned Homeplus files for corporate revamp with Seoul court

South Korea’s leading hypermarket operator Homeplus Co., wholly owned by North Asia-focused private equity firm MBK Partners, on Tuesday filed...

Shareholder value Hana Financial to boost corporate value by raising shareholder returns

South Korea’s Hana Financial Group aims to increase corporate value by ramping up shareholder returns based on a sustainable profit structure ...

Stocks Meritz leaps to No. 2 financial holding firm in South Korea

Meritz Financial Group Inc., once a medium-sized financial service firm in South Korea, has become the second-most valuable publicly traded financia...

Corporate bonds One-third of Korean petrochem bonds incur valuation losses

South Korean institutional investors, including banks, insurers and securities companies, have yet to fully benefit from recent declines in bond yie...

Shareholder value S.Korea’s top financial regulator pushes tax support for value-up program

South Korea is ramping up efforts to encourage companies to enhance shareholder value by providing tax support for its corporate value-up program, a...

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...

Tech, Media & Telecom Microsoft CEO Nadella seeks AI alliance with Hyundai, POSCO, Shinhan, KT

Microsoft Corp. Chairman and Chief Executive Satya Nadella is seeking to forge an artificial intelligence alliance with major South Korean companies...

Shipping & Shipbuilding HD Hyundai in talks to buy back Korean ship parts maker

HD Hyundai Co., the world’s second-largest shipbuilder, is in talks with a private equity firm to buy back a South Korean ship parts manufactu...

Mergers & Acquisitions S.Korea’s bagel sensation London Bagel Museum attracts multiple foreign investors

London Bagel Museum, which has ignited a bagel fad in South Korea, has drawn strong interest from multiple investors from abroad for its stake sale ...

Corporate restructuring Samsung Life mulls putting Samsung Fire under its wing as subsidiary

Samsung Life Insurance Co., South Korea’s largest life insurer, is considering bringing Samsung Fire & Marine Insurance Co., the country&r...

Corporate restructuring POSCO seeks $1 bn restructuring amid weak steel, battery materials sectors

South Korea’s POSCO Holdings Inc. said on Monday it plans to sell 61 unprofitable and non-core assets to raise 1.5 trillion won ($1 billion) a...

Robotics Koh Young gets OK from FDA for brain surgery robot

Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, said on Monday it got 501K...

Private debt Real estate debt outshines corporate credit: Savills IM

Private credit has been among the top picks for alternative investors over the past few years. During the period of high interest rates, corporate l...

Corporate bonds Korean petrochemical sector to sell corporate bonds amid downturn

South Korea’s petrochemical producers are set to issue corporate bonds to take advantage of ample liquidity at the beginning of the year amid ...

Retail KT&G establishes Uzbekistan corporation

South Korean tobacco maker KT&G Corp. said on Monday it established the Uzbekistan corporation, aiming to boost its tobacco brand awareness in...

Mergers & Acquisitions Macquarie kicks off sale of DIG Airgas estimated at over $3.4 billion

Macquarie Asset Management has embarked on a process to sell off its 100% stake in South Korea’s third-largest industrial gas producer DIG Air...

Real estate NCSOFT’s NC Tower up for sale with its value estimated at $272 million

The sales of several office buildings along Teheran-ro in Seoul's upscale Gangnam Business District (GBD) are gaining momentum.The bidding for the...

Memo from Howard Marks Prices are not high enough? Trees don't grow to the sky

The S&P 500 index just experienced its best two-year streak since the 1997-98 Asian financial crisis, with the hype surrounding artificial intel...

Mergers & Acquisitions MBK Partners’ vice chair vows to hike Korea Zinc’s value to $20.6 billion

The battle over Korea Zinc Inc.'s management control between Korea Zinc Chairman Choi Yun-birm and the Young Poong Corp.-MBK Partners alliance has b...