Celltrion in talks to buy Eli Lilly plant in US for $504 million

Celltrion Inc., South Korea’s biosimilar-developing leader, is in talks with Eli Lilly and Company to buy the American multinational pharmaceu...

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 ...

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...

Samsung to produce Apple’s next-gen chips at US foundry plant

The global memory chip powerhouse Samsung Electronics Co. will produce chips for Apple Inc. at its semiconductor manufacturing facilities in the US,...

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...

Coupang ramps up Taiwan push amid K-beauty boom, US tariffs

Coupang Inc., South Korea’s largest e-commerce platform, said on Wednesday it will expand investment to strengthen overnight delivery services...

Millennium Management to invest $252 mn in Korean stocks for first time

Millennium Management LLC, a US major hedge fund, is set to invest about $252 million in South Korean stocks for the first time, local asset managem...

HD Hyundai Heavy wins US Navy ship MRO deal, 1st under MASGA accord

HD Hyundai Heavy Industries Co., one of the world’s leading shipbuilders, has secured its first-ever maintenance, repair and overhaul (MRO) co...

Korean Air to launch premium economy at lower prices than rivals

Korean Air Lines Co., South Korea’s top full-service carrier, on Tuesday unveiled a plan to introduce a premium economy class in September at ...

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...

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...

K-beauty diversifies markets for global growth amid US tariffs

South Korean beauty brands are diversifying overseas markets to accelerate global expansion, as 15% US tariffs and intensifying competition may hind...

S.Korea’s top 3 shipbuilders launch MASGA TF, eye 2-track strategy

South Korea’s three leading shipbuilders – HD Shipbuilding & Offshore Engineering Co., Hanwha Ocean Co. and Samsung Heavy Industries...

Seoul’s tax reform hits top firms as US tariffs, tighter rules loom

South Korea’s finance ministry has finalized a tax reform plan that raises the top corporate tax rate by one percentage point to 25% and incre...

Investors dump Korean shares after tax reform; won plunges

Investors rushed to sell off South Korean stocks across the board, which dragged down the Korean currency value on Friday after the government annou...

Winners & losers: S.Korean industries navigate uneven US tariff terrain

From a shipbuilding boon to steel-sector gloom, South Korea’s export-reliant industries face diverging paths after Seoul struck a tariff deal ...

South Korea, US agree to 15% tariff rate; shipbuilding central to deal

South Korea and the United States have reached a trade agreement setting the new US tariff rate at 15%, down from the previously announced 25%, with...

AMCHAM, ECCK warn S.Korea’s labor bill hinders investment

Major foreign business associations in South Korea have warned that a proposed labor law revision in the country could increase legal exposure for m...

Seoul rallies corporate titans in all-out bid to dodge steep US tariffs

South Korea is mounting a last-ditch effort to finalize a tariff agreement with the US ahead of the Aug. 1 deadline, with direct backing from the co...

LG Energy secures $4.3 bn LFP battery deal from Tesla in shift from CATL

LG Energy Solution Ltd. on Wednesday announced a $4.3 billion deal to supply lithium iron phosphate (LFP) batteries to a foreign client, identified ...

Samsung Chairman Lee heads to US as chips become key trade leverage

Samsung Electronics Co. Chairman Lee Jae-yong departed for the US on Tuesday, just days before the US-set  Aug. 1 deadline for a trade deal, si...

Korea Investment & Securities, Muzinich & Co. explore strategic partnership on global credit portfolio

Korea Investment & Securities Co. (KIS), the brokerage unit of Korea Investment Holding Co., is exploring a strategic partnership with US privat...

S.Korea to expand growth fund to $110 bn to nurture 'Korean Nvidia'

South Korea is considering creating a 150 trillion won ($110 billion) national fund to support high-tech industries as part of President Lee Jae-myu...

Celltrion nears deal for 1st US biologic manufacturing plant

Celltrion Inc., South Korea’s biosimilar-developing leader, is closing in on its first US acquisition, which is expected to enable the company...

Bain Capital set to acquire HS Hyosung Advanced Materials' tire cord business

US private investment firm Bain Capital is poised to acquire HS Hyosung Advanced Materials Corp.'s tire steel cord business in a deal estimated...

Kayne Anderson Real Estate: Don't wait for clarity – the time to invest is now

Amid persistent economic uncertainty, rising development costs, and shifting US trade policies, Kayne Anderson Real Estate is showing high convictio...

Hanwha vice chairman joins S.Korean delegation to avert US tariffs

With the US-EU tariff deal sealed, South Korea is ramping up a last-ditch push to strike its own agreement before the US-set Aug. 1 deadline, playin...

Samsung clinches $16.5 billion chipmaking deal from Tesla

Samsung Electronics Co., the world’s top memory chipmaker, has clinched a landmark contract chipmaking deal worth $16.5 billion from Tesla Inc...

Seoul signals agricultural market access on tariff talks table amid intensifying US trade pressure

South Korea’s senior government officials said on Friday that agricultural products, including politically sensitive items such as rice and be...