Blind pool funds eclipse project funds for Korean asset managers

Blind pool funds eclipse project funds for Korean asset managers

A growing number of South Korean asset management firms are preparing to launch their own blind pool funds for global real estate investments, which...

Won hits 15-month low as global inflation woes spur equity outflow

Won hits 15-month low as global inflation woes spur equity outflow

The South Korean won weakened past the psychologically important 1,200 per dollar mark for the first time in 15 months as growing worries about glob...

Giving away patents not in line with capitalist society

Giving away patents not in line with capitalist society

WASHINGTON D.C. -- US-based biotechnology company Moderna Inc. wasn’t a household name until the beginning of last year, when its fate changed...

LG Chem to build technical support centers in EU, US

LG Chem to build technical support centers in EU, US

LG Chem Ltd. will expand global clients’ accessibility to its technical support professionals. The chemical company said on Oct. 11 that it wi...

S.Korean heavy equipment makers ride global raw materials boom

S.Korean heavy equipment makers ride global raw materials boom

The surging demand for raw materials around the world are driving sharp sales rebounds of South Korea’s two leading equipment makers Hyundai C...

Samsung, SK Hynix to pay corporate taxes to foreign countries

Samsung, SK Hynix to pay corporate taxes to foreign countries

South Korea’s chipmaking giants Samsung Electronics Co. and SK Hynix are set to pay hundreds of millions of dollars in corporate taxes to fore...

Hanwha to raise $503 mn to expand China PVC production

Hanwha to raise $503 mn to expand China PVC production

South Korea’s Hanwha Solutions Corp. is set to raise $503 million to expand its polyvinyl chloride (PVC) business in China, the world&rsq...

Hyundai Heavy to rebuild talent pool for tech-driven biz restructuring

Hyundai Heavy to rebuild talent pool for tech-driven biz restructuring

Hyundai Heavy Industries Group will deploy more than half of its new hires of R&D in future growth areas such as hydrogen, self-driving vessels,...

Merchant liner SM Line to list on Kosdaq in November

Merchant liner SM Line to list on Kosdaq in November

South Korea’s merchant liner SM Line Corp. is set to become a publicly-traded company in November. SM Line has submitted its securities regist...

POSCO to transfer hydrogen steel tech to industry peers for shared growth

POSCO to transfer hydrogen steel tech to industry peers for shared growth

The Hydrogen Iron & Steel Making (HyIS) Forum led by the steelmaker POSCO officially opened Oct. 6 in Seoul with more than 1,200 industry partic...

Yanolja, HanaTour team up to take lead in travel market

Yanolja, HanaTour team up to take lead in travel market

South Korea’s No. 1 accommodation booking platform Yanolja has joined forces with the country's leading travel agency HanaTour Service Inc. to...

S.Korea shows rare unease against US request for Samsung data

S.Korea shows rare unease against US request for Samsung data

The South Korean government has expressed open concern about the recent request by the US Department of Commerce for more information on the global ...

JR Global REIT to complete $300 mn stake purchase of NY building

JR Global REIT to complete $300 mn stake purchase of NY building

South Korea's JR Global REIT Co. will acquire a 49.9% stake in an office building in New York for 385.5 billion won ($323 million) by the end of thi...

InBody to expand into household, blood pressure monitoring markets

InBody to expand into household, blood pressure monitoring markets

South Korea’s InBody Co., the global market leader of body composition analyzer devices, will be making a strategic turn to focus on the fast-...

Food triggers next phase of global K-culture craze

Food triggers next phase of global K-culture craze

The ongoing global fever over South Korean music and entertainment content is driving the rapid growth of the country’s packaged food manufact...

Korea Inc emerges as big buyer in global M&A market

Korea Inc emerges as big buyer in global M&A market

South Korean companies are emerging as big buyers in the global mergers and acquisitions (M&A) markets. They are actively looking for future gro...

Samsung's cash reserves dwindle on increased R&D, other investments

Samsung's cash reserves dwindle on increased R&D, other investments

Samsung Electronics Co. is well known for its ample cash reserves close to $100 billion, ready to spend where it deems necessary for growth.But the ...

Kakao Mobility: Unravelling Korea’s astounding growth in mobility sector

Kakao Mobility: Unravelling Korea’s astounding growth in mobility sector

It wouldn’t be an exaggeration to say that South Korea’s mobility sector has undergone a period of rebirth in 2015 when the country&rsqu...

China power crisis, US tightening chill sentiment on Korea IT sector

China power crisis, US tightening chill sentiment on Korea IT sector

Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...

POSCO to lead global forum on next-generation steelmaking technology

POSCO to lead global forum on next-generation steelmaking technology

POSCO will host an international forum next month with the world’s major steel and mining companies to develop greener steelmaking processes b...

Netflix brings $4.7 bn economic impact to Korean industries: Deloitte

Netflix brings $4.7 bn economic impact to Korean industries: Deloitte

Netflix Inc. has contributed to a socio-economic impact worth 5.6 trillion won ($4.7 billion) across various South Korean industries through the joi...

BTS heads to LA for first live concert since COVID-19

BTS heads to LA for first live concert since COVID-19

BTS will travel to Los Angeles in November for its first live concert since the outbreak of the COVID-19 pandemic. BTS said on Sept. 28 on its offic...

S.Korean content shares surge with global success of Squid Game

S.Korean content shares surge with global success of Squid Game

South Korea’s major content production houses have made a big comeback in the local stock market on Sept. 27 after a period of downhill over t...

Digital stationery marketplace Webudding charms MZers

Digital stationery marketplace Webudding charms MZers

Stationery products such as planners, calendars and notepads have long been essential everyday items for busy people. And the stationery market has ...

Hyundai Steel, Samsung develop tech to recycle chip waste for steelmaking

Hyundai Steel, Samsung develop tech to recycle chip waste for steelmaking

Hyundai Steel Co. and Samsung Electronics Co. said on Monday they have developed technology that can recycle the chipmaker’s wastewater sludge...

Korean military fund targets medium-risk global assets

Korean military fund targets medium-risk global assets

The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is chasing medium-risk, medium-return assets in developed markets with a...

S.Korean battery materials makers see stock prices surge

S.Korean battery materials makers see stock prices surge

Shares of South Korean eco-friendly battery materials manufacturers have been soaring in September, with high expectations on big revenue jumps th...

SKC to raise corporate value to $25 bn with battery materials

SKC to raise corporate value to $25 bn with battery materials

South Korea’s SKC Co. plans to expand its electric vehicle battery materials business in a move to fivefold its corporate value to 30 trillion...

Carbon neutrality reshapes global commodity markets

Carbon neutrality reshapes global commodity markets

Global moves for carbon neutrality are reshaping commodity markets around the world. Iron ore prices have tumbled, while steel scrap prices have soa...

Samsung to make Tesla’s HW 4.0 self-driving auto chip

Samsung to make Tesla’s HW 4.0 self-driving auto chip

SILICON VALLEY – Samsung Electronics Co., the world’s leading chipmaker, will manufacture Tesla Inc.’s next-generation hardware 4 ...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal