$30 Million Tower

The city of Seoul launched Invest Seoul on Feb. 7, an investment promotion agency (IPA) to attract foreign investment and overseas companies. The ca...

Exchange-traded funds (ETFs) have been solidifying their position in the investment market of Korea for the past years. Individual investors in Sout...

Samsung C&T Corp. is set to invest up to 85 billion won ($7 million) in US nuclear fission technology provider NuScale Power, LLC. NuScale Power...

Daewoo Engineering & Construction Co. has said it signed a contract on Jan. 26. to develop the H1HH1 block in Starlake, a new urban town in no...

Netmarble Corp. unveiled detailed plans for a hawkish entry into the blockchain and metaverse industries on Thursday. The mobile game developer...

South Korea’s biotechnology startup Voronoi Inc. plans an initial public offering in March to raise up to 130 billion won ($108.4 million).Vor...

SK Hynix Inc., South Korea’s major chipmaker, decided to make an additional investment in a US chip design startup SiFive in order to secure s...

Hyosung Group is stepping up efforts to turn into an eco-friendly business, announcing huge investment plans on hydrogen and renewable energy projec...

A Korean consortium led by IGIS Asset Management Co. and Shinhan Global Investment Banking (GIB) has signed a contract with a US asset manager to se...

Ahead of the 20th presidential election slated for March 9, candidates from both parties have vowed to legislate and systemize digital assets if ele...

Stonebridge Ventures Inc., South Korea’s most profitable venture capital firm, plans to establish a fresh fund of $168 million, the largest in...

Music copyright trading platform Musicow Inc. has attracted a 200 billion won ($167.9 million) investment from Korea’s private equity firm STI...

Lotte Group beat its retail rival Shinsegae Group in a competition to buy South Korea’s fifth-largest convenience store chain Ministop Korea. ...

South Korea-based KTB Private Equity has earned a 100% return from Farmacy Beauty, just a year after its investment, following Procter & Gamble'...

South Korea’s DoubleU Games Co. announced Friday that its subsidiary DoubleDown Interactive LLC invested $1.5 million in North Carolina-base...

Baby Shark became the first video to reach more than 10 billion views on YouTube on Jan 13. This milestone follows the same video becoming the most-...

Ssangyong Motor Co. has finally found a new owner. South Korea’s bankruptcy court approved Ssangyong Motor Co. and electric carmaker Edison Mo...

Alex Young-joon Ryu, a nominee for new co-CEO of South Korea's top mobile messenger app Kakao Corp., on Monday offered to step down, after his dispo...

South Korea’s Lotte Group agreed with the Indonesian government to resume a $3.9 billion petrochemical project in the Southeast Asian country,...

IGIS Asset Management Co. and its venture capital affiliate are slated to invest 10 billion won ($8.3 million) in Kakao Enterprise Corp., an artific...

When Dia Kang first moved to Silicon Valley in October 2016 to create a dance app to learn K-pop moves, there was no worldwide pandemic. By Jan...

South Korea’s top automaker Hyundai Motor Group on Monday set out its vision to be a top-tier eco-friendly auto brand with its focus on electr...

Foreign investors ramped up their holdings of South Korean stocks 180 times in 30 years, increasing influence in the local financial markets and dom...

LG Display Co. revealed a 30% brighter OLED panel during Wednesday’s press event. During the media event held in Seoul’s LG Science...

South Korea’s leading petrochemical company SK Geo Centric Co. and Japan’s chemicals producer Tokuyama Corp. plan to found a joint ventu...

South Korean refiner Hyundai Oilbank Co. is set to export gasoline and diesel to Hawaii next year through its first term contract to sell petroleum ...

Germany's car parts maker ZF Friedrichshafen is in the final stages of negotiations to invest around 20 billion won ($17 million) in StradVision, a ...

Affinity Equity Partners has chosen Goldman Sachs as its adviser for the planned sale of its entire stakes in Burger King’s operations in Kore...

Korean investment firm SK Square Co. Ltd. has invested approximately 35 billion won ($29.5 million) into homegrown agriculture tech startup Greeln...

South Korea’s LX Group is acquiring a local glassmaker from private equity firm Glenwood PE.LX Group was scheduled to sign a memorandum of und...