LG bets big on promising technologies for future growth

LG Group, South Korea’s fourth-largest conglomerate, is accelerating its investment in promising tech companies across the world despite the l...

Hanatour launches real-time travel info-sharing chat app

South Korea's leading travel agency Hanatour Service Inc. has launched the location-based travel-specialized open chat service app called "Hana Open...

Samsung C&T sells 150-MW solar power project in US

South Korea's Samsung C&T Corp. on Wednesday said its US-based green energy affiliate Samsung C&T Renewables sold a project for construction...

Mirae Asset Global Investments buys Australian robo-advisor firm

South Korea's Mirae Asset Global Investments announced its acquisition of Stockspot, a prominent Australian robo-advisor specialist.In a statement r...

Samsung raises $2.2 billion via ASML stake sale for chip investment

Samsung Electronics Co., the world’s largest memory chipmaker, has sold 3.55 million shares in Dutch chip equipment maker ASML Holding N.V. fo...

Tokio Marine seeks to sell SE Asia units to S.Korean companies

Japanese insurer Tokio Marine Holdings Inc. is seeking to sell its units in Southeast Asia for $1 billion to major South Korean companies looking fo...

SK invests $100 mn in ChatGPT developer's rival Anthropic

South Korea’s SK Telecom Co. said on Sunday it has invested $100 million in the US startup Anthropic, a ChatGPT rival artificial intelligence ...

Blackstone, KKR join race for Korean pension fund's real estate debt

South Korea’s Government Employees Pension Service (GEPS) has shortlisted four global investment firms, Blackstone, KKR & Co., Goldman Sac...

S.Korea to deliver food safety management skill to Thai, Malaysian officials

The Ministry of Food and Drug Safety of South Korea announced on Friday that it will conduct an invited training program for food safety officials f...

Hanwha, Shell join S.Korea-Malaysia carbon capture project

Korea National Oil Corp., Hanwha Corp., Air Liquide Korea and Shell have become the latest entities to join the Shepherd CCS project, a major cross-...

KOREA Investment Week 2023 with KB KOREA Conference

* { box-sizing: border-box } /* Style tab links */ .tablink { background-color: #c2c2c2; color...

LS Cable invests $117.5 million in boosting submarine cable output

South Korea’s LS Cable & System on Thursday announced additional investment of 155.5 billion won ($117.5 million) in its plant in Donghae,...

S.Korea's largest investment forum to begin Sept. 11

South Korea’s largest investment conference will be held in Seoul Sept. 11-15 with around 100 chief executives from global financial services ...

Sejong City to cooperate with Northern Ireland in smart city, cybersecurity

South Korea's Sejong Special Self-Governing City will pursue economic exchange with Northern Ireland and cooperation in cybersecurity research with ...

SK Bioscience buys 6.5 million Novavax shares for $83.4 million

SK Bioscience Co., the drug-making unit of South Korea’s SK Group, said on Wednesday it has signed a deal to buy 6.5 million shares in US vacc...

UBS names Credit Suisse Korea head as vice chair for Asia

UBS Group AG, a global investment bank, appointed Kyungin David Lee, chief of Credit Suisse Group AG’s Seoul branch, as vice chair for Asia an...

Woori Bank teams up with BuildBlock on US real estate services

South Korea's Woori Bank and US real estate platform operator BuildBlock have entered into a strategic memorandum of understanding to bolster overse...

KB Kookmin Bank launches integrated bank in Cambodia

South Korea’s KB Kookmin Bank on Sunday said it received final approval on Friday from Cambodia’s Ministry of Commerce to launch the int...

Indonesia vows support for LG-led $9.8 bn battery project

Indonesian Minister of Investment Bahlil Lahadalia on Thursday affirmed its government’s commitment to a $9.8 billion electric vehicle battery...

Kolon Global wins $226 mn contract for Mongolian public housing project

South Korea's Kolon Global Corp. announced on Friday that it has won a public housing construction project in Mongolia worth 295.7 billion won ($226...

Korea’s STX to build joint Indonesia nickel plant for EV cells

South Korea’s trading company STX Corp. is set to build a nickel plant with an Indonesian company in the Southeast Asian country to expand its...

Big Bang deregulation poised to bolster S.Korean ST market

South Korea’s fractional investment market is gearing up for a grand opening after the government earlier this year unveiled security token of...

S.Korea to fully open gov't R&D projects to foreign researchers

South Korea's Ministry of Trade, Industry and Energy on Wednesday said it will allocate 5 trillion won ($3.8 billion) of its R&D budget for exce...

Advanced memory is strategic asset for Korea’s chip supremacy: Hwang

South Korea, home to the world’s two largest memory chipmakers – Samsung Electronics Co. and SK Hynix Inc. – has been the dominant...

Morgan Stanley subsidiary takes 5% stake in JYP Entertainment stock

A Morgan Stanley-affiliated asset manager has bought more JYP Entertainment shares, raising its stake to more than 5 percent.Asset management firm M...

Korea’s duty-free sales skid despite China border reopening

South Korea’s duty-free shops suffered a sharp decline in sales in June, when the number of Chinese visitors jumped more than three times that...

HD Hyundai to expand LNG tanker conversion biz with orders

HD Hyundai Global Service, the ship retrofit subsidiary of the world’s second-largest shipbuilder HD Hyundai Co., is poised to bag orders to c...

APR’s fashion brand Nerdy opens two more stores in Vietnam

South Korea's cosmetic and clothing company APR announced on Wednesday that its street style fashion brand Nerdy opened its third and fourth stores ...

K-pop powerhouse SM to launch US office with Kakao

K-pop powerhouse SM Entertainment Co. and Kakao Entertainment will jointly launch an office in the US later this year to boost their global business...

LG Chem to make first domestic 6-in-1 vaccine for infants

South Korea's LG Chem Ltd. will produce the nation's first homegrown six-in-one vaccine for infants, something that the country is entirely reliant ...