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Skip to content * KOSDAQ 822.78 -12.71 -1.52% * KOSPI200 325.77 -3.08 -0.94% * USD/KRW 1355 +4 +0.3% * JPY100/KRW 905.96 +4.12 +0.46% * EUR/KRW 1423.83 +1.36 +0.1% * CNH/KRW 185.31 +0.51 +0.28% * KOSPI 2456.15 -23.67 -0.95% STOP PLAY View Market Snapshot KED GLOBAL - THE KOREA ECONOMIC DAILY GLOBAL EDITION Open Menu Search * SIGN IN * JOIN Search form Search search Close * Companies * Companies Home * Latest on Korean Startups * Future Unicorns * Hidden Champions * Branded Content * Get It Made In Korea * Companies A to Z * Korean Investors * Korean Investors Home * Who's Who in Korean Investors * Asset Owners Report * Asset Managers' Perspectives * Best Asset Managers by Korean Investors * RFP Alert * Deals * M&A * ECM/DCM * Markets * Culture & Trends * Perspectives * Hidden Champions * Future Unicorns Regulations GS Caltex faces FTC probe into intra-group trading The Korea Fair Trade Commission (FTC) has begun an investigation process for alleged intra-group transactions between GS Caltex Corp., the country’s second-largest oil refiner, and Samyang International Co., a trading firm controlled by GS Group family owners, The Korea Eco 10 HOURS AGO 2 Min read language * EN * CN * JP Food & Beverage KFC Korea to start franchise business for faster growth Fast food chain KFC said on Friday it will begin franchise store operations in South Korea next year, when the company will mark 40 years of business in the Asian country.The plan follows Orchestra Private Equity’s master franchise agreement with KFC’s parent group Yu 13 HOURS AGO 1 Min read language * EN * CN * JP Travel & Leisure Israel-Hamas war takes toll on S.Korean pilgrims The war in Israel and Gaza, which has paralyzed some parts of the Middle East, is also set to put a complete stop to South Koreans’ tours of the biblical Holy Land, which have gradually revived since the end of the COVID-19 pandemic. According to the Korean tourism industry 17 HOURS AGO 4 Min read language * EN * CN * JP Electric vehicles Kia to build 2nd purpose-built vehicle plant in Korea Kia Corp., South Korea’s second-largest automaker, plans to build another purpose-built vehicle (PBV) factory in the country, despite the risk of disruption by unionized workers, as it aims to take the throne of the emerging custom-tailored car segment by 2030.Kia, an automaking unit of Hyundai Motor Group, proposed a plan to establish a new plant for large PBVs as a measure to improve competitiveness for future business in wage talks with 13 HOURS AGO 3 Min read language * EN * CN * JP LG Energy barely fends off CATL on global stage Fake Rolexes most common counterfeit watches smuggled into S.Korea Market Indices KOSPI 2456.15 23.67 (0.95%) Zoom OutLLOct 06Oct 10Oct 11Oct 12Oct 13100% KOSDAQ 822.78 12.71 (1.52%) Zoom OutLLOct 06Oct 10Oct 11Oct 12Oct 13100% USD/KRW 1355 4 (0.3%) Zoom OutLLOct 06Oct 10Oct 11Oct 12Oct 13100% Read All Market Indices * News about Korea from MOST READ LS MATERIALS SET TO BOOST EARNINGS AHEAD OF IPO PROCESS SAMSUNG TO DEVELOP GALAXY FOLD, FLIP-CUSTOMIZED GAMES WITH SAMSUNG’S CONNECTED TECH, IT’S ‘HOME, SMART HOME’ NPS FILLS BASKET WITH CHINA REOPENING, COSMETICS SHARES KT&G FACES ANOTHER LEGAL BATTLE WITH ACTIVIST FUND COMPANIES more * Chemical Industry LG Chem, GS Caltex form eco-friendly materials alliance LG Chem Ltd. and GS Caltex Corp. are accelerating their efforts in the eco-friendly bio-material business involving 3-hydroxypropionic acid (3HP). 3HP is an eco-friendly substance produced through microbial fermentation processes and can be used to s 14 HOURS AGO 1 Min read language * EN * CN * JP * Automobiles Kia holds first Global Distributors Convention in 5 years South Korea's Kia Corp. held a global distributors convention for the first time in five years, sharing medium to long-term business strategies, including the acceleration of electric vehicle sales and export expansion. Kia announced on Friday that t 15 HOURS AGO 1 Min read language * EN * CN * JP * Automobiles Genesis G80, Electrified G80 selected as safest cars in US Hyundai Motor Co.'s premium brand Genesis announced on Friday that its G80 and Electrified G80 got the highest rating "Top Safety Pick+ (TSP+)" from the collision evaluation by the Insurance Institute for Highway Safety (IIHS) in the US. In February 17 HOURS AGO 1 Min read language * EN * CN * JP * Automobiles KCC opens US refinish color center South Korean chemical and auto parts maker KCC Corp. opened its first overseas refinish color center in the US. According to the company's announcement on Friday, the center is established in Dallas, Texas. KCC's US Refinish Color Center will serve a 18 HOURS AGO 1 Min read language * EN * CN * JP * HIDDEN CHAMPIONS More * DCM Published: Dec 09, 2022 Last updated: Jan 30, 2023 * Buhmwoo Group Published: Apr 21, 2021 Last updated: Jan 30, 2023 * Point Mobile Published: Sep 14, 2021 Last updated: May 10, 2022 * Jong Ie Nara Published: May 26, 2021 Last updated: Apr 15, 2022 * T-Robotics Published: Mar 25, 2021 Last updated: Jan 30, 2023 FUTURE UNICORNS More * BJ BIOCHEM Published: Oct 21, 2022 Last updated: Nov 04, 2022 * L-Base Published: Oct 21, 2022 Last updated: Nov 16, 2022 * Fridays Lab Published: Jun 30, 2023 Last updated: Aug 06, 2023 * iCore Published: Oct 07, 2022 Last updated: Apr 17, 2023 * S.lab Asia Published: Jul 20, 2022 Last updated: Jul 21, 2022 Stay Korea Savvy with our newsletters Subscribe Now * * KOREAN INVESTORS more Alternative investments KIC heavily relies on foreigners for alternative investments Korea Investment Corporation (KIC) entrusted most of its money for investments in alternative assets such as real estate and private equity to foreign managers, causing calls for more assignments to local financial companies for such deals.The world& 19 HOURS AGO 1 Min read language * EN * CN * JP Shareholder activism KT&G faces another legal battle with activist fund Singapore-based private equity firm Flashlight Capital Partners Pte. said Monday that it has filed court injunctions against KT&G Corp., beginning another legal battle against the world’s fifth-largest tobacco maker in a sign of strengthene Oct 10, 2023 (Gmt+09:00) 2 Min read language * EN * CN * JP Pension funds NPS fills basket with China reopening, cosmetics shares South Korea’s National Pension Service (NPS) sold electronics, information technology and content-related shares in the third quarter, and filled its basket with stocks related to China’s reopening, including cosmetics and tourism.Accordi Oct 06, 2023 (Gmt+09:00) 3 Min read language * EN * CN * JP Infrastructure Shinhan, 3i, DWS to sell off Dutch waste treatment firm South Korea’s Shinhan Asset Management Co., London-based 3i Group plc and Germany's DWS Group are set to sell their combined full stake in Dutch waste treatment company Attero to French private equity firm Ardian at around 1.2 trillion won ($90 Sep 13, 2023 (Gmt+09:00) 1 Min read language * EN * CN * JP Private equity SK Group, NPS may exercise put option on Masan without gain South Korean institutional investors, including SK Group and National Pension Service (NPS), are likely to only recover their principal without profit via a put option on Vietnamese conglomerate Masan Group Corp., sources familiar with the matter sai Sep 06, 2023 (Gmt+09:00) 1 Min read language * EN * CN * JP * Who’s Who in Korean Investors * Asset Owner Report * Asset Managers’ Perspectives M&A more * Real estate Mirae Asset puts Hi Investment & Securities HQ on market Oct 12, 2023 (Gmt+09:00) 2 Min read language * EN * CN * JP * Real estate Mirae Asset Securities puts its Yeouido building on market Oct 11, 2023 (Gmt+09:00) 1 Min read language * EN * CN * JP * Private equity CJ CheilJedang to sell off its Brazilian soybean crusher Oct 10, 2023 (Gmt+09:00) 1 Min read language * EN * CN * JP * Bio & Pharma Proxy adviser ISS backs drug giant Celltrion's merger plan Oct 06, 2023 (Gmt+09:00) 3 Min read language * EN * CN * JP ECM/DCM more * Private equity Shinyoung Asset, Baillie Gifford launch growth stock fund Sep 21, 2023 (Gmt+09:00) 2 Min read language * EN * CN * JP * Batteries LG Energy raises $1 bn in bonds for EV battery production Sep 19, 2023 (Gmt+09:00) 2 Min read language * EN * CN * JP * Shipping & Shipbuilding Hanwha Ocean to raise $1.5 bn to boost warship business Aug 23, 2023 (Gmt+09:00) 3 Min read language * EN * CN * JP * K-pop BTS label HYBE to wholly own K-pop band Enhypen agency Aug 11, 2023 (Gmt+09:00) 1 Min read language * EN * CN * JP BRANDED CONTENT Chunsa International Film Festival A live history of Korean film from its inception until today Seoul Metropolitan City Transform Your Idea into a Promising Startup Celltrion How a Bottle of Biosimilar Changed the World Mirae Asset Innovative pioneer of global investments KAIST A cradle of scientific and technological talent Hancom Group Why Korean office suite giant is headed for space NAVER Cloud In All Corners of Your Life HITEJINRO How a local soju brand became the world’s No. 1 spirit Jong Ie Nara The Cultural Architect of Korean Paper Arts and Crafts Chunsa International Film Festival A live history of Korean film from its inception until today Seoul Metropolitan City Transform Your Idea into a Promising Startup Celltrion How a Bottle of Biosimilar Changed the World Mirae Asset Innovative pioneer of global investments KAIST A cradle of scientific and technological talent Hancom Group Why Korean office suite giant is headed for space NAVER Cloud In All Corners of Your Life HITEJINRO How a local soju brand became the world’s No. 1 spirit Jong Ie Nara The Cultural Architect of Korean Paper Arts and Crafts Chunsa International Film Festival A live history of Korean film from its inception until today Seoul Metropolitan City Transform Your Idea into a Promising Startup Celltrion How a Bottle of Biosimilar Changed the World * 1 * 2 * 3 MARKETS * Economy Korea’s home, business loans on upswing in September South Korea’s household debt continued to rise for the sixth consecutive month in September despite stricter regulations on mortgages, while business loans climbed at a record-high rate for the month, spurring concerns about corporate financial health. Korean commercial banks’ outstanding balance of household loans increased 4.9 trillio Oct 12, 2023 (Gmt+09:00) 2 Min read language * EN * CN * JP * Foreign exchange Dollar/won in wildest swing in 13 yrs despite intervention The South Korean won suffered its wildest fluctuation against the dollar this year since 2010, shrugging off heavy dollar-selling intervention by local authorities, leading to a drop in the country’s foreign currency reserves.The won has been on a downward spiral since 2021 as investors flocked to safe-haven assets following the onset of COVI Oct 06, 2023 (Gmt+09:00) 3 Min read language * EN * CN * JP * Markets Korean bond market squeezed by maturing debt, new issues South Korea’s corporate bond market is saddled with a massive amount of debt due later this year and a surge in banks' new bond issues, amid heavy sell-offs in anticipation of longer-than-expected high interest rates.Investor sentiment soured further on market speculation that the country’s major institutional investors such as the Nati Oct 05, 2023 (Gmt+09:00) 3 Min read language * EN * CN * JP Economy Korea expects inflation to ease from Oct after 5-month high South Korea predicted headline inflation to ease from October after hitting a five-month high last month, adding to expectations that the central bank may keep its policy interest rate unchanged amid a slow recovery in Asia’s fourth-largest economy despite the recent surge in US bond yields.South Korea’s consumer prices rose 3.7% last m Oct 05, 2023 (Gmt+09:00) 2 Min read language * EN * CN * JP CULTURE & TRENDS more * Travel & Leisure Seoul to launch AI chatbot service for foreigners in 2024 Oct 11, 2023 (Gmt+09:00) language * EN * CN * JP 1 Min read * Entertainment Creator of Baby Shark, Pinkfong to launch music variety show Oct 05, 2023 (Gmt+09:00) language * EN * CN * JP 1 Min read PERSPECTIVES more * The KED View Five common frustrations of Korean entrepreneurs Oct 12, 2023 (Gmt+09:00) language * EN * CN * JP 2 Min read * Memo from Howard Marks Fewer losers, or more winners? Sep 22, 2023 (Gmt+09:00) language * EN * CN * JP long read * * THE KOREA ECONOMIC DAILY GLOBAL EDITION BRANDED CONTENT Companies * Companies Home * Latest on Korean Startups * Future Unicorns * Hidden Champions * Branded Content * Get It Made In Korea * Companies A to Z Korean Investors * Korean Investors Home * Who's Who in Korean Investors * Asset Owners Report * Asset Managers' Perspectives * Best Asset Managers by Korean Investors * RFP Alert Deals * M&A * ECM/DCM Markets Culture & Trends Perspectives Hidden Champions Future Unicorns Follow us * Facebook * Twitter * Linkedin Family Site * The Korea Economic Daily * The Korea Economic TV * The Korea Economic Daily Magazine * Hankyung BP * Ten Asia * About us * Help Center * Contact us * Advertise with KED Global * Terms of Service * Privacy Policy * Copyright Policy * Editorial Policy & Code of Practice * Online newspaper registration No: 서울, 아53319 Date of registration: Oct 7 2020 Publisher: Park Haeyoung | Address: 13F The Korea Economic Daily Bldg., 463, Cheongpa-ro, Jung-gu, Seoul, Korea 04505 | Business registration No: 796-87-01625 | Contact: kedglobal@hankyung.com, +82-2-360-4319 | KED Global ENG | KED Global 中文(Chinese) | KED Global 日本語(Japanese) | Sitemap | Company list | News topic Copyright© 2023 KED Global News Network . 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