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Samsung Heavy to raise W1.23 tril. by selling shares

Samsung Heavy to raise W1.23 tril. by selling shares ....

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Korea Investment & Securities to issue foreign currency bond for first time

Korea Investment & Securities to issue foreign currency bond for first time ....

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BTS company Hybe looks onward, upward with Ithaca merger

BTS company Hybe looks onward, upward with Ithaca merger
Posted : 2021-04-06 16:08
Updated : 2021-04-06 17:04
In this Jan. 26, 2020, file photo, South Korean K-pop band BTS arrives for the 62nd annual Grammy Awards in Los Angeles. AP
Hybe, the K-pop powerhouse behind BTS, is set to cement its footing here and accelerate its overseas push with a billion-dollar deal to buy Scooter Braun s Ithaca Holdings.
In a surprise move, Hybe on Friday announced a plan to acquire a 100 percent stake in the U.S. media group in a US$1.05 billion deal that would bring together some of the world s biggest pop musicians ― BTS, Justin Bieber and Ariana Grande to name a few. ....

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LG's value to improve with mobile biz restructuring: analysts

Posted : 2021-01-23 10:37
Updated : 2021-01-23 20:20
A man talking on his phone walks past the logo of LG Electronics during Korea Electronics Show 2016 in Seoul, Oct. 27, 2016. Reuters
LG Electronics can improve its corporate value by restructuring its money-losing mobile business and focusing on future growth engines for a post-pandemic world, analysts here said Saturday.
The company announced Wednesday that the future of its mobile communications unit was open to every possibility amid rumors that the company could sell the struggling mobile business.
We think LG s announcement means they are going to either shut down or sell, or at least scale back on its mobile business, Cho Chul-hee, an analyst at Korea Investment Securities, said. ....

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