Hanmi Pharma Acquires Aptose Biosciences for USD 41M, Bringing Tuspetinib AML Drug Back In-House
Hanmi Pharmaceutical closes USD 41M acquisition of Aptose Biosciences (June 30, 2026), repatriating its tuspetinib AML drug from a financially distressed Canadian partner. TUSCANY Phase I/II trial shows 86.2% composite complete response rate at EHA 2026.
Samsung (005930.KS), SK Hynix Drop Mattson Ahead of US Curbs
Samsung (005930.KS), SK Hynix Drop Mattson Ahead of US Curbs
Celltrion (068270.KS): Q2 Op Profit Up 77%, Shares Down 20%
Celltrion (068270.KS), South Korea's largest biosimilar maker, reported preliminary second-quarter 2026 results on July 3 showing operating profit up 77.3% to ₩
Korea Opens Won Market to Near-24-Hour Trading on July 7, Targeting Structural NDF Reliance
Korea extends KRW spot-trading to near-24 hours from July 7, targeting 80% NDF dominance. Impact on KOSPI foreign investors, bank FX dealers, and won volatility analysed.
Samsung SDI (006400.KS) Converts Idle EV Lines to Storage
Samsung SDI (006400.KS), South Korea's third-largest battery maker, is converting stalled and underused electric-vehicle battery lines in the United States and
SK Telecom Targets 15 GW AI Data Center Capacity by 2035, Partners AWS and Nvidia
South Korea's largest carrier plans 15 GW of AI compute capacity by 2035, anchored by an AWS hyperscale facility in Ulsan. SK Group affiliates including SK Hynix will supply chips across the value chain.
LG Chem Enters Semiconductor Stripper Market With Amkor Technology Deal, Eyes KRW 2 Trillion Materials Revenue
LG Chem entered the semiconductor stripper market on July 5, announcing a mass-production supply deal with Amkor Technology. The customized stripper cuts photoresist removal time by 50% and supports the company's target to double electronic materials revenue to KRW 2 trillion by 2030.
Bank of Korea Flags KOSPI Concentration Risk as Samsung and SK Hynix ETFs Surge — While 'Chipflation' Hits Consumer Wallets
Bank of Korea warns Samsung and SK Hynix ETF concentration has reached 55.3% of KOSPI market cap, while chipflation pushes storage device prices up 45.6% year-on-year — highest among 458 CPI basket items.
Korean Won Logs Second-Worst H1 Since 1998 as Foreign Investors Unload ₩156 Trillion in KOSPI Shares
The Korean won fell 5.92% in H1 2026, posting its second-worst first-half average since the 1998 Asian financial crisis. Foreign investors sold ₩156.56 trillion in KOSPI shares, more than 4.5 times the full-year 2008 total.
Korea's Fake News Law Takes Effect July 7: Kakao and Naver Face New Platform Liability Rules
South Korea's revised Information and Communications Network Act takes effect July 7, 2026, exposing Kakao (035720.KS) and Naver to punitive damages and CEO liability for content moderation failures.
Samsung (005930.KS), SK Hynix Rise 8–11% as Kospi Tops 8,000
South Korea's chip duo staged one of the sharpest reversals of the year on Friday, July 3, and the pattern of the move matters more than its size. The Kospi (Ko
Seoul Court Terminates Homeplus Rehabilitation, Korea's No. 2 Hypermarket Faces Liquidation
Seoul Bankruptcy Court terminated Homeplus' rehabilitation proceedings on July 3 after the MBK Partners-owned retailer failed to raise KRW 200B in operating capital. With a 14-day appeal window, Korea's second-largest hypermarket faces liquidation — with implications for E-Mart, Lotte Shopping, and Meritz Financial.