SK hynix mulls ADR listing in US

SK hynix mulls ADR listing in US

SEOUL, December 10 (AJP) - South Korea's memory giant SK hynix is deliberating to list its treasury shares on a U.S. stock market in the form of American Depositary Receipts (ADRs) to further bolster its corporate value. In a disclosure responding to the Korea Exch

Record M2 fuels weak won structure, binds policy for Seoul authorities

Record M2 fuels weak won structure, binds policy for Seoul authorities

SEOUL, December 09 (AJP) - South Korea's broad money supply has ballooned to levels last seen during the pandemic stimulus peak, and the liquidity glut is weighing heavily on the won while narrowing policy maneuvering room for authorities. M2 money supply, which includes bond

Mercedes-Benz–LG deal marks latest harvest from Korea's high-stakes LFP bet

Mercedes-Benz–LG deal marks latest harvest from Koreas high-stakes LFP bet

Graphics by AJP Song Ji-yoon SEOUL, December 09 (AJP) - Behind LG Energy Solution's latest $1.4 billion breakthrough with Mercedes-Benz lies a strategic gamble South Korea placed years ago: a belated but deliberate expansion into mid-to-lower-end rechargeable batteries even