LG Electronics Inc. raked in its largest-ever quarterly revenue in the first quarter of this year, maintaining upward momentum after a stellar 2023, but its operating profit declined on heavy marketing costs for new home appliance products launched this year.Revenue at the South Korean home ap
South Korean won banknotes (Courtesy of Getty Images) Corporate bond issuance in South Korea hit a record in the first quarter of this year amid growing expectations of the Federal Reserve’s rate cuts and increasing market uncertainties ahead of the country’s general election on Apr
Mirae Asset Securities Co. on Monday issued $600 million worth of foreign currency bonds, marking the first foreign bond sale by a South Korean brokerage firm this year, according to investment banking sources.The bonds, comprised of notes with three- and five-year maturities, were more than 1
SK Hynix Inc., the world’s second-largest memory chipmaker, has raised $1.5 billion in foreign currency bonds, with the debt offering four times oversubscribed on growing expectations of a semiconductor industry recovery, according to investment banking sources on Tuesday.The bond issuance,
LG Energy Solution's lithium-ion polymer batteries (Courtesy of LG Energy) LG Energy Solution Ltd., the world’s second-largest battery manufacturer, said on Tuesday it has raised $1 billion by selling its first global green bonds to boost battery cell production. The issuance is comprised