KakaoBank rallies after winning Thai virtual banking license

Shares in KakaoBank Corp. soared as much as 17% to hit their highest level in nearly three years on Friday after the South Korean internet-only bank...

Markets in honeymoon with Lee: Kospi, won rally; bond yields spike

South Korea’s financial markets showed strong gains on Thursday, with shares surging to an 11-month high and the won hitting a seven-month hig...

Netmarble gets tailwind from new titles, BTS comeback

Netmarble Corp., a leading South Korean gaming company, expects to gain new growth momentum from the launch of nine new titles and the anticipated f...

CHA Biotech seeks to resume healthcare unit IPO after affiliates’ merger

CHA Biotech Co., South Korea’s leading stem cell therapeutics developer, plans to resume an initial public offering of CHA Healthcare Co., a m...

South Korean stock trading volume at 8-month high

Trading volume in South Korean stock market has surged to its highest level in eight months, with investors piling into defense, nuclear energy, shi...

K Bank drops 2025 IPO in 3rd Kospi listing cancellation

K Bank, a South Korean online lender, said on Wednesday it has again canceled its initial public offering plan amid the languid stock market an...

Mirae Asset invests $200 mn in LS Group affiliate in US

South Korea's Mirae Asset Global Investments said on Sunday it invested $200 million in Essex Solutions, a US magnet wire manufacturing affiliate un...

Kospi to move in 2,350-3,200 range in 2025: brokerages

South Korean stocks are expected to bounce back in the new year as their extremely low valuation following investors’ massive sell-offs in 202...

Korean pension funds buy a net $1.2 bn in Kospi stocks in November

South Korean pension funds continued their Kospi market buying spree for a fourth straight month in November, notching their largest net purchases o...

In South Korea, cash is king on US election, Samsung uncertainties

South Korean investors are hoarding cash as Samsung Electronics Co., the world’s top memory chipmaker, hurts local stocks and uncertainties ov...

Korea’s LG CNS, DN Solutions seek billions of dollars via Jan IPOs

LG CNS Co., DN Solutions Co. and other South Korean companies aim to raise billions of dollars through domestic initial public offerings (IPOs) in J...

Online lender K Bank withdraws plan for Kospi listing

K Bank, a South Korean online bank, has postponed its initial public offering (IPO) plan to list on the main bourse Kospi later this month.The digit...

Celltrion gets FDA nod for Keytruda copy's phase 3 clinical trials

Celltrion Inc., South Korea’s biosimilar giant, will proceed with phase 3 trials for global blockbuster drug Keytruda’s copycat CT-P51, ...

S.Korean stocks log largest daily loss since pandemic

The South Korean stock market dropped more than 3% on Friday to breach the psychologically important barrier of 2,700 in almost two months, after we...

Kospi on upward run; individual investors turn bearish

South Korean individual investors are strongly betting on a drop in domestic share prices, in contrast to foreign investors’ aggressive buying...

NPS overweight in beauty, food; chases APR, Samwha higher

The National Pension Service (NPS) has raised its bets on South Korean beauty and food companies in the second quarter of this year on expectations ...

Affinity fails in Lock&Lock tender offer; eyes equity swap

Hong Kong-based Affinity Equity Partners is planning for an equity swap between its new entity and South Korean food container maker Lock&Lock...

Kolon Global inks Korea’s 1st private wind power supply deal

Kolon Global Corp., the leading South Korean wind farm developer, signed the country’s first private wind power supply deal with local compani...

World’s No.1 magnet wire maker SPSX mulls Korean IPO

Superior Essex Inc. (SPSX), the world’s top magnet wire provider under South Korea’s LS Group, is mulling an initial public offering in ...

Affinity extends tender offer for food container maker Lock&Lock

Hong Kong-based Affinity Equity Partners is set to extend its tender offer for South Korean food container maker Lock&Lock Co. shares, as the pr...

Korea Inc. ups dividend payouts despite falling net income

South Korean companies listed on the main bourse Kospi raised their dividend payouts between 2021 and 2023 despite falling net income in the same pe...

HD Hyundai Marine Solution stock price doubles on Kospi debut

HD Hyundai Marine Solution Co.'s debut on the Kospi, South Korea's largest initial public offering in more than two years, saw a near-doubling of st...

Kospi 200 firms' values sharply below MSCI developed market rivals

South Korea’s listed firms are undervalued compared with companies in public markets of developed and emerging countries, according to the Kor...

Foreign investors net buyers of Korean stocks for 3rd straight month

Foreign investors bought more South Korean stocks and bonds in January, extending their buying spree to three months.The Financial Supervisory Servi...

Samsung Asset to launch S.Korea's first obesity treatment ETF

Korea Exchange announced on Thursday that it will list Samsung Asset Management's "KODEX Global Obesity Treatment Top 2 Plus exchange-traded fund (E...

DN Solutions seeks IPO at $3 bn enterprise value on Korea’s main bourse

DN Solutions Co., formerly Doosan Machine Tools Co., is seeking an initial public offering on South Korea’s main bourse, aiming to make a Kosp...

EcoPro Materials' Kospi debut draws investors for short-term gains

Shares in EcoPro Materials Co., South Korean battery materials maker EcoPro Group’s unit that went public on Nov. 17, are skyrocketing as reta...

EcoPro Materials to quadruple precursor output by 2027

South Korea's precursor manufacturer EcoPro Materials, aims to quadruple its production capacity by raising funds between 524 billion won ($390 mill...

Tesla supplier L&F’s earnings disappoint; shares down

L&F Co., global electric vehicle leader Tesla Inc.’s battery materials supplier, missed quarterly earnings estimates on sluggish product p...

SK C&C to release Kospi-focused AI investment strategy service

SK C&C, an information and communications technology affiliate of South Korea’s SK Group, will create an artificial intelligence (AI) inve...