Strong China sales lift Cosmax shares 20% in two months

Korea’s leading cosmetics manufacturer Cosmax Inc.’s share price is skyrocketing this year, thanks to the company's strong performance i...

Defense stocks rally in response to China Xi's speech

South Korean manufacturers of jet fighters, aircraft engines and weapon systems saw their share prices soaring in heavy trade on Monday, powered by ...

NPS buys Australian building for $900 mn to diversify investment

South Korea’s national pension fund bought an office building in Australia for almost $900 million, which would be its largest investment in t...

Naver expands ties with CJ Group into OTT platform

South Korea's Naver Corp. has agreed to buy 40 billion won ($35 million) worth of new shares in the domestic over-the-top (OTT) services provider TV...

Mid-sized Jungheung to buy Daewoo E&C as part of global expansion plan

South Korea’s construction firm Jungheung Construction Co., in a move to strengthen its global foothold, is buying its much larger-sized rival...

HK inno.N poised to bolster S.Korea's IPO lineup in H2

HK inno.N Corp., a pharmaceuticals unit of South Korea's Kolmar Korea, is set to go public in early August at a valuation of around 2 trillion won (...

NH Financial to buy $20 mn stake in Japan's solar farm

South Korea's NongHyup Financial Group, or NH Financial Group, has acquired a stake in a solar power plant in Japan from Korea Electric Power Corp. ...

Shinsegae now Korea’s No.2 e-commerce player with eBay Korea buyout

Shinsegae Group pushed through to be the sole winner in the prolonged race to acquire control of eBay Korea, making it a close runner-up in South Ko...

Synopsys buys S.Korean fab data tech company

Synopsys Inc., a US software developer, has signed an agreement to acquire full ownership of BISTel, South Korea's top-ranked smart manufacturing so...

Hanwha to buy $900 mn Hanwha General shares from Samsung

Two Hanwha Group units have decided to buy the remaining stake in their affiliate Hanwha General Chemical Co. for 1 trillion won ($880 million) from...

Korean Air to issue first ESG bonds among Korean carriers

Korean Air Lines Co. will issue green bonds as part of its 200 billion won ($176 million) corporate debenture issue -- to become the first among dom...

GS Caltex marks Korea’s first company to buy carbon-neutral crude oil

GS Group has become South Korea’s first business group to purchase carbon-neutral crude oil, in a move to strengthen its ESG efforts.South Kor...

Bain Capital to gain $90 mn from exit of Schwan's deal

Bain Capital is set to pocket about 100 billion won ($90 million) in profits in two years from its equity financing of the South Korean CJ Group's $...

Shinsegae inches closer to eBay Korea purchase; deal remains elusive

Shinsegae Group has inched closer to a deal to acquire eBay Korea that would see the South Korean retail giant emerge as an e-ecommerce behemoth wit...

Korean PEFs buy Spyder's S.Korean license for over $50 mn

A consortium of three South Korean private equity firms has acquired the domestic operations of the US sportswear brand Spyder for 60 billion won ($...

Hyundai Motor chief Chung wins top accolade at 2021 Autocar Awards

Chung Euisun, chairman of South Korea’s Hyundai Motor Group, has won the 2021 Autocar Awards' top accolade, the Issigonis Trophy, for his cont...

Korea FoF manager widens offshore VC pool into UAE, Vietnam

The Korea Venture Investment Corp. (KVIC), a quasi-government agency established to support South Korean startups and venture capital industry, has ...

Shinhan REITs poised to buy Amazon logistics center

South Korea's Shinhan REITs Management Co. is poised to invest $93 million to buy a pre-completed fulfillment center in New Mexico, under a long-ter...

Samsung returns as foreigners’ top pick; Kospi just shy of record high

Samsung Electronics Co., the bellwether of South Korea’s main bourse, has returned as the market darling, with foreigners buying heavily on th...

Naver to gain toehold in OTT market via CJ ENM

South Korea's Naver Corp. is expanding its footprint into the over-the-top (OTT) media service market by acquiring a stake in CJ ENM Co.'s OTT platf...

Hyundai tops Korean institutions' May buying list

Hyundai Motor became the key beneficiary of South Korean institutional investors' heavy buying on the local bourse this month as the global chip sho...

Hana buys Osaka logistics center for about $140 mn

South Korea's Hana Alternative Asset Management Co. has beat 16 Japanese bidders to acquire a logistics center in the port of Osaka, Japan for ¥...

Samsung Life buys 25% stake in Savills IM for $90 mn

Samsung Life Insurance Co. has agreed to buy a 25% stake in Savills Investment Management (Savills IM) for £63.75 million ($90 million) from U...

BTS smooths Butter at Billboard Music Awards; scoops up 4 awards

BTS is unstoppable. The K-pop boy band continues to set fresh records -- becoming the first Korean band to scoop up four awards at the 2021 Billboar...

Singapore sovereign fund GIC to buy 30% of Starbucks Korea for $710 mn

Singapore’s sovereign growth fund GIC Private Ltd. plans to acquire a 30% stake in Starbucks Korea for about 800 billion won ($710 million) fr...

Hyundai becomes India’s top SUV seller, wins Indian Car of the Year Award

Hyundai Motor Group’s small and compact sport utility vehicles (SUVs) are posting strong sales in fast-growing economies including India and R...

JR AMC buys $140 mn stake in NY office building

South Korea's JR AMC Co. has signed a $140 million agreement to buy a 49.9% stake in a New York office building from JPMorgan Asset Management. Once...

Samsung reports highest Q1 revenue, expects chip rebound in Q2

Samsung Electronics Co. has recorded the highest first-quarter revenue figures in the company’s history, thanks to strong performances in its ...

It’s time to buy casino stocks, analysts say

The South Korean government’s plan to vaccinate 36 million people, or about 70% of its population, by the third quarter of 2021 is heating up ...

EastBridge beats KKR, TPG to buy Korean waste disposal firm

South Korea-based EastBridge Partners has agreed to acquire a majority stake in the country's waste treatment firm YIDO for around 260 billion won (...