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South Korean business & finance

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  • Tuesday, 26 January, 2021
    Hyundai Motor Co
    Hyundai sets sights on 60% increase in EV sales this year

    South Korean carmaker revs up efforts to grab greater share of competitive market

  • Sunday, 24 January, 2021
    Leo Lewis
    Samsung is set to emerge stronger from scandal

    The pandemic has generated vast demand for the group’s core products

  • Monday, 18 January, 2021
    Samsung Electronics Co Ltd
    South Korean court sends Samsung head back to jail for bribery

    Lee Jae-yong will spend 18 months in prison in blow to global technology group

  • Friday, 15 January, 2021
    Hyundai Motor Co
    Hyundai to build China factory as part of hydrogen vehicles push

    Carmaker’s plan highlights how South Korean groups are expanding in country despite pressure from US

  • Wednesday, 13 January, 2021
    South Korea conglomerate draws investor ire with retail merger plan

    Foreign and minority shareholders say GS Group’s plan unfairly favours founding family

  • Monday, 11 January, 2021
    Semiconductors
    Samsung shares jump on hopes for Intel chipmaking contract

    Talks throw spotlight on South Korean tech group’s fierce rivalry with TSMC for chip deals

  • Friday, 8 January, 2021
    Samsung Electronics Co Ltd
    Samsung forecasts quarterly profit jump as Covid boosts online activity

    South Korean tech group benefits from demand for chips and displays during the pandemic

  • Thursday, 7 January, 2021
    Renewable energy
    South Korea’s SK Group raises bet on renewable energy in Asia

    Conglomerate will invest $1.5bn for 9.9% stake in US hydrogen fuel cell group Plug Power

  • Wednesday, 30 December, 2020
    Lee Jae-yong
    South Korean prosecutors seek nine-year sentence for Samsung head

    Lee Jae-yong vows to improve ‘transparency and morality’ at tech giant

  • Promoted Content
  • Tuesday, 29 December, 2020
    Samsung Electronics Co Ltd
    Covid demand earns Samsung’s ailing LCD factories a reprieve

    Korean group to keep producing displays beyond 2020 thanks to stay-at-home demand

  • Monday, 28 December, 2020
    Delivery Hero
    Delivery Hero told to sell Korean unit to seal $4bn takeover of rival

    Seoul antitrust watchdog argues merger with Woowa Brothers would hurt competition

  • Wednesday, 23 December, 2020
    LG Electronics Inc
    LG Electronics agrees $1bn EV parts joint venture with Canada’s Magna

    Deal aimed at capturing bigger share of global market sends South Korean group’s shares up 30%

  • Tuesday, 22 December, 2020
    South Korea’s Ssangyong Motor files for bankruptcy

    Move signals Seoul unlikely to bail out pandemic-hit groups with foreign backers, analysts say

  • Thursday, 17 December, 2020
    South Korea fund managers look to cut ties with coal

    Investment firms under pressure to stop pouring cash into country’s fossil fuel projects

  • Monday, 14 December, 2020
    Investor activism
    LG faces opposition to spin-off from activist hedge fund

    US-based Whitebox launches campaign to block South Korean conglomerate’s restructuring

  • Friday, 11 December, 2020
    SoftBank Group Corp
    SoftBank sells robot-maker Boston Dynamics in $1.1bn deal with Hyundai

    Acquisition by South Korean carmaker part of its transition into broader range of mobility services

  • Friday, 11 December, 2020
    South Korea’s booming stock market lures foreign investors

    Global funds have bought a net $5bn of shares since the start of November

  • Thursday, 10 December, 2020
    Financial & markets regulation
    South Korea threatens to jail short sellers under new rules

    Regulators have clamped down on betting against stocks in move that has irritated hedge funds

  • Thursday, 3 December, 2020
    China approves first sale of Korean video game in four years

    Multibillion dollar gaming industry has been locked out of Chinese market since 2017 missile spat

  • Wednesday, 2 December, 2020
    Hyundai Motor Co
    Hyundai to develop own electric car platform and battery charging systems

    South Korean group plans to have 23 new models over next 5 years

  • Sunday, 22 November, 2020
    News in-depthSK Group
    South Korea’s ‘M&A king’ SK Group pursues path away from fossil fuels

    Chairman Chey Tae-won spearheads transformation of company as it bids to take on country’s leading chaebol

  • Monday, 16 November, 2020
    Electric vehicles
    LG Chem hit by GM recall of Bolt electric vehicles

    Shares in world’s largest EV battery maker fall 4% on reliability concerns

  • Friday, 13 November, 2020
    Asian prime property
    Seoul woos wealthy homebuyers but prices locals out of the market

    Its bid to become an alternative to Asia’s financial hubs has resulted in a divided city

  • Thursday, 12 November, 2020
    Samsung Group
    Samsung financial units pledge to halt coal investments

    Investors welcome move as conglomerate’s other subsidiaries vow to exit from fossil fuels

  • Thursday, 12 November, 2020
    Hedge funds
    Scandals rock South Korea’s booming hedge fund industry

    Billions of dollars in losses undermine Seoul’s attempts to promote country as finance hub

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