Korea's FSC Calls for Swift Mandatory Tender Offer as Academics Demand Full Buyout Rule
Korea's Financial Services Commission Vice Chairman urges rapid mandatory tender offer legislation as academics push for a full 100% buyout obligation, targeting H2 2026 enactment.
Korea's 'Seohak Ants' Outbuy US Retail Investors Fivefold on SpaceX's Debut Day, Pouring ₩1.2 Trillion Into Shares
South Korean retail investors bought ₩1.2 trillion ($885 million) in SpaceX shares on its Nasdaq debut — more than five times what US retail investors purchased on the same day.
TSMC Glass-Substrate Data Narrows Korea's First-Mover Window
TSMC has for the first time disclosed validation data for glass substrates aimed at next-generation AI-chip packaging, narrowing the window for Korean suppliers Samsung Electro-Mechanics, LG Innotek a
Posco Opens Korea's Largest Electric Arc Furnace, Launches Rare Gas Unit That Can Supply 52% of Domestic Semiconductor Demand
Posco completed Korea's largest electric arc furnace (2.5M tons, 600B won) and launched a rare gas plant that can cover 52% of domestic semiconductor demand for neon, krypton, and xenon.
Hyundai Steel and LSU Seal Research Pact Tied to USD 5.8 Billion Louisiana Steel Mill, POSCO Taking 20% Stake
Hyundai Steel and LSU signed a Master Research Agreement on June 17 for a USD 5.8 billion EAF mill in Ascension Parish, Louisiana, with POSCO backing a 20% stake worth USD 582 million and commercial launch targeted for 2029.
Hugel's PE Owner Refinances ₩765 Billion Rather Than Cash Out, Signaling a Longer Hold
CBC Group, an Asia-focused healthcare private-equity firm and the controlling shareholder of Hugel (145020.KQ), Korea's largest medical-aesthetics company specializing in botulinum toxin and hyaluroni
Samsung Union Puts Chairman to a Vote Amid Bonus Backlash
Samsung's largest union holds confidence vote on chairman after May wage deal's chip-tilted bonus structure drove 20,000 members to quit.
ABL Bio Gastric Cancer Drug Wins FDA Fast Track as Phase 3 Launch Nears
ABL Bio's bispecific antibody Givastomig received FDA Fast Track designation for HER2-negative advanced gastric cancer on June 16, accelerating its path to a Phase 3 trial opening in Q4 2026.
SK Group Tops ₩2,000 Trillion — and 94% Rides on SK Hynix
SK Group — South Korea's second-largest conglomerate by market value, anchored by memory-chip maker SK Hynix — saw the combined market capitalization of its lis
Hanwha Ocean Bids for Canada's USD 44 Billion Submarine Fleet as Ottawa Weighs Final Choice Between Korea and Germany
Canada is set to pick between South Korea's Hanwha Ocean and Germany's TKMS for a USD 43.5 billion submarine contract — the largest Korean defense export ever if won. Decision expected June 2026.
Samsung Retakes North American Mini-LED TV Lead From Hisense — But the World Cup Quarter Will Settle It
Samsung Electronics captured 40% of North America's mini-LED TV market in Q1 2026, surpassing Hisense's 27% and reversing a narrow 2025 loss.
Lotte Shopping Hits 52-Week High as Korea's Department Stores Post Up to 13% Single-Day Gains on Tourist Boom and Semiconductor-Belt Wealth Effect
Lotte Shopping surged 13.3% to a 52-week high and Shinsegae gained 8.7% on June 16 as record foreign tourism and semiconductor bonus spending push Korea's big-three department store operators toward f