Economy
Financing
[Market In] Kyobo Life to Issue Up to 400 Billion Won in Hybrid Capital Securities
Kyobo Life Insurance is set to issue up to 400 billion won in hybrid capital securities. This move is seen as an effort to manage capital adequacy by refinancing existing hybrid capital securities, fo…
Business·Industry
NEXENTIRE’s 2Q Operating Profit Down 19% Due to U.S. Anti-Dumping Duties… Revenue Growth Continues
A panoramic view of NEXENTIRE’s Seoul Research and Development (R&D) Center, “The Nexen University.” (Photo courtesy of NEXENTIRE)
NEXENTIRE(002350)Nexen Tire’s operating profit for the second qua…
Business·Industry
LGELECTRONICS Completes 100 Billion Won Share Buyback… Announces 89.7 Billion Won Interim Dividend
LGELECTRONICS will pay an interim dividend of 500 won per share on both common and preferred stock and will cancel the 100 billion won worth of treasury stock it recently purchased by the end of the y…
Business·Industry
[Breaking News] NEXENTIRE Reports 2nd-Quarter Operating Profit of 34.3 Billion Won… Down 19.5% Year-Over-Year
NEXENTIRE(002350)announced on the 29th that its consolidated operating profit for the second quarter of this year was 34.3 billion won, a 19.5% decrease compared to the second quarter of last year.Rev…
M&A·IB
[Exclusive] 210 billion inheritance tax becomes a reality… Could the Choi family of KoreaZinc become an “ally”?
The inheritance value of the KoreaZinc shares held by the family of the late Professor Choi Jeong-woon, an emeritus professor at Seoul National University who passed away last May and was the uncle of…
Business·Industry
Business Leaders Visit Brazil, a 'Market of 200 Million People'… Expanding Cooperation in Supply Chains, AI, and Beauty
Business leaders from South Korea and Brazil have agreed to expand cooperation across a wide range of strategic industries, from critical mineral supply chains to artificial intelligence (AI), biotech…
M&A·IB
“NVIDIA Was the Only Buyer of Naver Shares”… Brookfield Invests $9 Billion in Infrastructure Assets [Market In]
As Naver partners with NVIDIA and Brookfield Asset Management to build a large-scale Sovereign AI Factory, misunderstandings are spreading in the market regarding the details of the investment structu…
Business·Industry
“ADRs Can Be Converted to Won Shares Starting July 30”—SK hynix Conference Call
“Starting July 30—the day after Onejoon Co., Ltd.’s listing on the Korea Exchange is completed—ADRs can be freely converted into Onejoon Co., Ltd. shares. However, converting Onejoon Co., Ltd. shares …
Business·Industry
“Reviewing Additional Shareholder Return Measures… to Be Announced to the Market by Year-End”—SK hynix Conference Call
“We have established the following as our core principles for capital allocation: striking a balance between future investments to secure structural growth opportunities in the AI era, maintaining a s…
Business·Industry
“Next Year’s HBM Price Negotiations on Track… Comprehensive Consideration of DRAM Prices and Technical Complexity”—SK hynix Conference Call
“We are currently negotiating 2027 HBM prices with our customers, and the discussions are proceeding smoothly. HBM is a product that requires more wafers, advanced manufacturing processes, and signifi…