SK Nexilis Co., the world’s largest copper foil maker, has decided to move past a years-long rift with former key client LG Energy Solution Ltd., caused by disputes over alleged leaks of trade secrets, as the two South Korean companies seek to court US carmakers looking to
South Korea’s four largest financial holding groups posted stellar profits in the second quarter, bolstered by a sharp increase in non-interest income driven by the stronger won against the greenback, even as interest income growth came to a virtual halt.Combined net profit
South Korea’s top auto parts maker Hyundai Mobis Co. posted a 36.8% year-on-year rise in second-quarter operating profit, buoyed by a strategic shift toward high-margin components and a ramp-up in its electrification initiative, even as global demand uncertainties and tarif
South Korea’s senior government officials said on Friday that agricultural products, including politically sensitive items such as rice and beef, are part of ongoing trade negotiations with the US.Analysts said that’s a notable shift that reflects mounting pressure from Washington and the urgency of securing a bilateral deal before the US-set Aug. 1 deadline.Seoul’s presidential office said that agriculture is included in the sc
South Korean President Lee Jae-Myung met with Samsung Electronics Co. Chairman Lee Jae-yong on Thursday amid growing speculation that Seoul may leverage the expansion of domestic companies’ US investments as a bargaining chip in trade negotiations with Washington.Their closed-door meeting took place shortly before Washington abruptly postponed high-level trade talks with Seoul, just hours ahead of the Korean delegation’s departure. Th
KB Asset Management Co. has been named the preferred buyer of Signature Tower in what would be a landmark office property deal in South Korea this year.The South Korean asset management firm is said to have offered slightly over 1 trillion won ($724 million) for the two-tower complex, translating to the low to mid-30 million range per 3.3 square meters.If the deal is finalized, it will likely mark one of the largest office deals in Seoul’s
South Korea’s low-cost carriers (LCCs) are racking up losses as slowing growth in travel, particularly to Japan, fueled price wars to fill exces
South Korea’s once-dominant golf apparel market, the largest in the world at its peak, is rapidly losing steam, as sales tumble and brands scram
Once an afterthought in the global food trade, South Korea’s signature spices and sauces, ranging from fiery gochujang to fermented doenjang, ar
Hyundai Motor Co. on Thursday reported its first double-digit profit fall in five years in the second quarter despite posting record second-quarter sales, hit by the US government's 25% tariffs on foreign-made cars, implemented in April.“We ach
SK Hynix Inc., the largest supplier of artificial intelligence chips to Nvidia Corp., reported its highest-ever quarterly results, with double-digit gains in both operating profit and revenue.The earnings are twice those of Samsung Electronics Co. fo
South Korea’s push to launch won-based stablecoins is taking shape as the ruling Democratic Party unveiled proposed legislation to promote cryptocurrencies pegged to the local currency. The move follows the US Congress’ recent approval of
Global private equity firm TPG has struck one of this year’s standout mid-cap deals in South Korea, selling Samhwa Co., a cosmetics packaging specialist, to leading buyout firm KKR for 800 billion won ($577 million).The deal, which comes less t
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, has shortlisted four asset managers for a coveted mandate to oversee value-add real estate funds.The Korean pension
K Shipbuilding Co., once a rising star in South Korea’s shipbuilding industry under the STX Group, is returning to the auction block – this time with ambitions of becoming a key player in the lucrative warship maintenance, repair and over
MBK Partners Ltd. and Mirae Asset Securities Co. are set to force South Korea’s top multiplex cinema chain CJ CGV Co. to surrender control of CGI Holdings Co., which manages its operations in Asia, investment banking industry sources said on Mo
F&F Holdings Co., a South Korean fashion retailer and the largest strategic investor in TaylorMade, has entered a head-to-head showdown with Centroid Investment Partners, with F&F hiring Goldman Sachs to advise on its bid for the golf club an
IMM Private Equity Inc. is pursuing a separate sale of A’pieu, a color makeup brand under Able C&C Co., as the Seoul-based private equity firm has revived efforts to offload its troubled beauty portfolio in a deal that could fetch around 20
Hyundai Hyms Co., a Kosdaq-listed ship block manufacturer, is officially on the auction block as its private equity owner, J& Private Equity (J&PE), begins the sale process.J&PE has distributed teaser letters for the sale of its entire 52
Shinsegae Property, a subsidiary of South Korean retail giant Shinsegae Group, on Tuesday unveiled a 600 billion won ($438 million) investment agreement with two partners to develop Starfield Cheongna, a next-generation mega-mall and entertainment co
NH Investment & Securities Co. retained its lead in South Korea’s equity capital market (ECM) in the first half, riding a surge in large-scale rights offerings while initial public offerings (IPOs) remained subdued.According to data compile
South Korea raised 1.4 billion euros ($1.6 billion) through a euro bond sale on Thursday, marking the country's largest-ever euro-denominated debt issuance and its biggest overall foreign currency bond deal in over a decade.The issuance marked the co
CJ ENM Co., South Korea’s largest film studio and distributor, has established a subsidiary in Riyadh, Saudi Arabia – the first Middle East-based unit launched by a South Korean entertainment firm.The unit, CJ ENM Middle East, will take t
HYBE America Co., the US subsidiary of South Korea's entertainment titan HYBE Co., will produce a K-pop-themed film in collaboration with Paramount Pictures Corp., following a Korean American teenager's journey in becoming a K-pop idol.In the untitle
They're no longer just virtual: Netflix's hit animated film KPop Demon Hunters is taking on real-life stars on K-pop’s biggest music award show. Two songs from the musical fantasy have been nominated for the Best OST category in the 2025 K-Worl
The United States has abruptly postponed high-level trade talks with South Korea, raising concerns in Seoul that it is slipping down Washington’s priority list in its global round of tariff negotiations that could leave Korean exporters vulnerable to steep US duties.The so-called 2+2 trade talks, slated to be held on Friday in Washington, D.C
The South Korean economy returned to firmer footing in the second quarter, expanding 0.6% from the previous three months, as a recovery in exports and domestic consumption helped offset weak investment and the impact of US import tariffs under President Donald Trump.The growth marks a significant improvement from the first quarter’s 0.2% cont
