S.Korea cracks down on Chinese color-coated steel plate tariff evasion
South Korea is moving to slap anti-dumping duties on Chinese “fake” color-coated thick steel plates that have been altered after import,...
HMM to buy back $1.5 bn shares, paving way for KDB’s fund recovery
HMM Co., South Korea’s largest shipping firm, will buy back and cancel 2.14 trillion won ($1.5 billion) worth of shares, paving the way for it...
UCK Partners sues ex-employee in Korea’s 1st PE non-compete case
UCK Partners has sued a former senior employee who joined local rival Premier Partners in June, alleging he violated a non-compete clause, in what i...
Daishin, Hanwha seen leading bid for S.Korea’s top real estate investor IGIS Asset
The sale of a controlling stake in South Korea’s top real estate asset management firm IGIS Asset Management Co. is picking up pace, with Dais...
South Korea taps new heads for finance and competition regulators
South Korean President Lee Jae Myung has nominated a former senior finance ministry official, a veteran lawyer and an academic economist to lead thr...
S.Korea’s Lee to visit Japan next week for talks with Ishiba, resumes shuttle diplomacy
South Korean President Lee Jae Myung will travel to Japan next week for talks with Prime Minister Shigeru Ishiba, resuming the so-called shuttle dip...
Korea Investment Partners invests $10 million in Elon Musk’s SpaceX
Korea Investment Partners Co. (KIP), one of South Korea’s largest venture capital and private equity firms, has invested $10 million in Elon M...
South Korea’s EV sales jump, hinting at end to market slump
South Korea’s electric vehicle market is showing signs of recovery after a prolonged slowdown, with both new and used car sales rebounding fas...
S.Korea-US summit set for Aug. 25 with focus on security, economy
President Lee Jae Myung of South Korea and US President Donald Trump will meet face to face for the first time on Aug. 25 in Washington to discuss a...
South Korea, Vietnam to nearly double bilateral trade to $150 billion by 2030
South Korea and Vietnam agreed Monday in Seoul to boost bilateral trade to $150 billion over the next five years, nearly double current levels, by e...
EQT acquires controlling stake in Remember, Korea’s answer to LinkedIn
Sweden’s EQT Partners, one of Europe’s largest private equity firms, has signed a deal to acquire Remember & Company, the operator o...
Korea’s YNCC at default risk due to owners’ conflict amid petrochemical slowdown
Yeochun NCC Co. (YNCC), South Korea’s major petrochemical producer, is facing a default risk as its owners disagree over capital injections am...
China’s free-roaming tourists reshape South Korea’s visitor economy
For decades, megacity malls in Myeongdong and other neon hearts of Seoul have been the must-visit places for Chinese tourists, mostly in large group...
K-pop boys, K-beauty’s choice to accelerate global expansion
South Korean cosmetics brands are increasingly choosing K-pop boy bands over female artists to attract women, the primary consumers of beauty produc...
LG Chem sells dermal filler business to VIG Partners for $144 mn
South Korea’s leading chemical company LG Chem Ltd. has agreed to sell its dermal filler business to the country’s major buyout fund VIG...
Sale of Boryeong LNG Terminal attracts IMM, Macquarie, 8 other PEF bidders
SK Innovation Co.’s sale of its 50% stake in Boryeong LNG Terminal has drawn strong interest from domestic and international private equity fu...
Air Liquide in exclusive talks for South Korea’s DIG Airgas for over $3.3bn
Air Liquide SA, a French multinational industrial gas and services company, is eyeing a return to South Korea after its exit a decade ago, as it is ...
Trump’s chip tariff threat stirs jitters; impact on Samsung, SK Hynix limited given MFN status
NEW YORK – A revived threat from US President Donald Trump to impose a 100% tariff on imported semiconductors has reignited concerns in South ...
Mirae Asset Securities’ Q2 profit soars as global ETF business thrives
Mirae Asset Securities Co. on Thursday reported an 83.1% jump in second-quarter operating profit to 540 billion won ($390 million) from the year pri...
Musicow sells out 1st US music equity offering backed by Kelly Clarkson hit
Musicow Inc., a South Korean music copyright trading platform pioneer, has sold out its debut US music royalty-backed securities offering in less th...
S.Korea-US summit likely set for Aug. 25; Vietnam’s top leader to fly to Seoul for state visit
South Korean President Lee Jae Myung will likely have a summit meeting with his US counterpart Donald Trump later this month amid a flurry of high-l...
Korea’s retail giant E-Land mulls sale of some F&B brands
South Korea’s retail giant E-Land Group is considering restructuring its food and beverage (F&B) business by selling struggling dining and...
S.Korea to grant visa-free entry to Chinese tourist groups from September
South Korea will temporarily allow visa-free entry for tourist groups from China starting Sept. 29 through June 2026, the government said on Wednesd...
Global investment banks raise S.Korea’s growth forecasts as trade tensions with US ease
Global investment banks are revising up their growth forecasts for South Korea, citing easing trade uncertainties and signs of a consumer-led recove...
SK divests of Vingroup stake for $1 bn in restructuring move
SK Group has cashed out its entire 6.05% stake in Vingroup, Vietnam’s largest conglomerate, for more than 1.3 trillion won ($935.5 million), c...
JP Morgan advises sale of Korea’s professional network Remember
JP Morgan has been appointed to lead the sale of Remember & Company, the South Korean firm behind the country’s popular business card and ...
Lotte’s casino earnings soar as Chinese punters return to Jeju; other casino operators follow suit
Lotte Tour Development Co. has posted its highest-ever quarterly operating profit, powered by a surge in Chinese tourists to South Korea’s top...
Woori Investment's IPO market entry set to intensify SME underwriting rivalry
Woori Investment & Securities Co. has launched an initial public offering-dedicated unit within its corporate finance division in its foray into...
Korea’s homegrown OTT Watcha under court receivership as startup failures mount
South Korea’s homegrown streaming platform Watcha Inc. has entered court receivership after a Seoul court approved a creditor-led filing for c...
ASK Singapore 2025 to offer rare insights into Korean investment landscape
South Korea’s leading private equity and venture capital firms will convene in Singapore on Oct. 27 for ASK Singapore 2025 (sg.kedask.com), wh...
