JoongAng Group's Five Affiliates Enter Court Rehabilitation as JTBC's ₩700 Billion Sports-Rights Bet Unravels
JoongAng Ilbo filed for creditor-led workout on June 19 while JTBC and four affiliates sought court rehabilitation, triggered by a failed USD 500 million Olympic and FIFA broadcasting rights deal. Around ₩500 billion in PE capital faces uncertain exits.
Korea Gains a Point on MSCI Scorecard, but Wednesday's Reclassification Review Is the Real Test
MSCI cut Korea's minus-rated accessibility categories to five from six, upgrading investment-instrument availability. The annual classification review on June 23 will determine whether Korea re-enters the developed-market watchlist for the first time since 2014.
LG Display Headed for Another Q2 Loss, But Samsung Securities Lifts Target to ₩17,000 on a Restructuring Read
Mirae Asset Faces Extended FSS Probe After SpaceX IPO Delivers Zero Shares to Korean Investors
South Korea's FSS has extended its probe into Mirae Asset Securities after the brokerage received zero SpaceX IPO shares despite planning a USD 312.5 million allocation. The firm launched a ₩1 billion Customer Care Program for affected investors.
Doosan (000150.KS), LG CNS Sign AI and Data-Center MOU
SK Hynix Eyes August Nasdaq ADR Debut, Targeting USD 14 Billion in New Shares
SK Hynix is targeting an August Nasdaq ADR listing that could raise up to USD 14 billion, with SEC approval expected around June 22. The offering would make SK Hynix the first Korean chipmaker directly tradable on a U.S. exchange.
Foreign Ownership of KB Financial Tops 80% for First Time Since 2008, Reframing Chairman Reappointment
Foreign investors now own more than 80% of KB Financial Group for the first time since the holding company was established in 2008, bolstering Chairman Yang Jong-hee reappointment prospects.
Samsung C&T (028260.KS) Surges 13% on Dividend Overhaul
Hyundai Rotem Seals ₩748.2 Billion, 20-Year Morocco Maintenance Pact, Lifting Korea's Total Rail Bet Near ₩3 Trillion
Hyundai Rotem sealed a KRW 748.2 billion (USD 487.3M) 20-year maintenance contract with ONCF, pushing Korea's total Morocco rail commitment to ~KRW 2.98 trillion ahead of the 2030 FIFA World Cup.
Trump-Backed Apple-Intel Chip Pact Adds a Rival to Samsung's Foundry Comeback
President Donald Trump said on June 18 that Apple has agreed to "design and manufacture chips in the U.S." with Intel, a post on his Truth Social account that sent Intel shares up $12.72, or 10.5%, to $133.82 the same day (CBS News). Neither company confirmed the arrangement: Apple did not respond t
Samsung Electro-Mechanics Extends Record Rally as AI Server MLCC Demand Runs 10–20x Smartphones
Samsung Electro-Mechanics (009150.KS) hit a 52-week intraday high of ₩2,192,000 as AI servers demand 10–20x more MLCCs than smartphones, pitting it ag
Japan's LY Corp Closes Kakao Games Takeover, Taking 33.43% Control Stake
Kakao Games (293490.KS), the listed game-publishing arm of Korean internet conglomerate Kakao, disclosed on June 19, 2026 that control has formally passed to a Japanese owner. LAAA Investment, a speci