South Korea Business & Industry

Hanwha Aerospace Tops 5% Stake in KAI, Declares Management Participation

Korean Retail Investors Snap Up 10% of U.S. DRAM ETF After 45% Rally

Korean retail investors bought 10% of inflows into the U.S.-listed Roundhill Memory ETF (DRAM), which surged 45% in its first month, outpacing domesti...

Samsung Overhauls TV Business, Pivoting to Content and Platform

Shinhan Bank Cuts Data Security Investment by 9%

BGF Retail Delivers Emergency Relief to Sejong Fire Victims

BGF Retail, operator of CU convenience stores, delivered over 10,000 emergency relief items to residents of a 1,430-household apartment complex hit by...

Breaking News: Hanwha Group Crosses 5% Stake in KAI, Cites Management Participation

Hanwha Group's stake in Korea Aerospace Industries (KAI) has surpassed 5% after additional share purchases, with the conglomerate citing management pa...

Corporate Disclosures

Korean corporate disclosures on May 4 include Hanwha Ocean's 507.4 billion won ammonia carrier order, HD KSOE's 504.8 billion won gas carrier order, a...

Lotte Chilsung Q1 Operating Profit Surges 91% on Broad-Based Growth

Lotte Chilsung Beverage reported Q1 operating profit of 47.8 billion won, up 91.2% year-on-year, driven by growth in beverage, liquor, and global busi...

Pan Ocean Posts Earnings Surprise in Q1 Despite Off-Season

Pan Ocean posted Q1 operating profit of 140.9 billion won, up 24.4% year-on-year, beating market estimates as Chairman Kim Hong-kuk's long-term portfo...

Food, Retail Companies Deliver Warm Children's Day Gifts Nationwide

Raon Private Ardie in Yongin Platform City Opens First-Come-First-Served Contracts

Raon Construction has opened first-come-first-served contracts for Yongin Platform City Raon Private Ardie, priced in the mid-700 million won range fo...

Kiwoom Asset Management CEO Joins Campaign to Eradicate Youth Cyber Gambling

Kiwoom Asset Management CEO Kim Ki-hyun joined the Seoul Metropolitan Police's relay campaign to eradicate illegal cyber gambling among youth, nominat...

POSCO Holdings Jumps 10% on Earnings Surprise, Tops 500,000 Won in Two Years

POSCO Holdings shares surged 10% after first-quarter operating profit jumped 24.4% year-on-year to 700 billion won, beating consensus as subsidiaries ...