Korea’s Minari, other Asian content sweep Hollywood

Korea’s Minari, other Asian content sweep Hollywood

In the US and European film markets, where movies directed by Westerners or non-Asian filmmakers have long dominated the industry, Asians are finall...

eBay Korea set to fuel rivalry between retail, online giants

eBay Korea set to fuel rivalry between retail, online giants

The planned sale of eBay Inc.’s South Korean operations is gathering steam ahead of Coupang Corp.'s US stock market listing this week, with th...

Korean Air raises $2.9 bn in largest-ever share issue by Korean firm

Korean Air raises $2.9 bn in largest-ever share issue by Korean firm

Korean Air Lines Co. has raised 3.32 trillion won ($2.9 billion) from a new share sale as planned in the the largest-ever rights offering by a domes...

Korea Ratings forays into online due diligence for alternatives

Korea Ratings forays into online due diligence for alternatives

South Korea’s leading credit rating and business valuation services provider, Korea Ratings, has stepped into the online due diligence service...

Offshore fund registration delays put asset managers in bind

Offshore fund registration delays put asset managers in bind

South Korea's top financial regulator has been taking longer than the usual three months to review applications of offshore funds, dealing a heavy b...

Korea’s military fund looking for new financial division chief

Korea’s military fund looking for new financial division chief

South Korea’s Military Mutual Aid Association (MMAA) is looking for the successor of its financial division chief Kim Jae-dong, whose extended...

Affinity Equity set to acquire Korea’s top recruitment portal JobKorea

Affinity Equity set to acquire Korea’s top recruitment portal JobKorea

Affinity Equity Partners, a global private equity firm, is set to acquire the entire stake of South Korea’s top recruitment portal JobKorea &n...

Hyundai Heavy hires Korea Investment, 4 others as IPO managers

Hyundai Heavy hires Korea Investment, 4 others as IPO managers

South Korean shipbuilder Hyundai Heavy Industries Co., which plans to list its shares on the local bourse this year, has mandated Korea Investment &...

Bain Capital to invest $360 mn in Korea’s top ERP developer

Bain Capital to invest $360 mn in Korea’s top ERP developer

Bain Capital has agreed to invest around 400 billion won ($360 million) in South Korea’s leading enterprise resource planning (ERP) software d...

Korea remains world's 7th-largest exporter despite drop in exports

Korea remains world's 7th-largest exporter despite drop in exports

South Korea has maintained its position as the world's seventh-largest exporter despite its exports dropping by over five percent last year, accordi...

Korea’s Own 'Mother Sauces'

Korea’s Own 'Mother Sauces'

Korean food is all about ingredients. Not just fresh ingredients but ingredients that have been carefully preserved to last. While every cuisine has...

S.Korea’s birth rate decline accelerates to world’s lowest

S.Korea’s birth rate decline accelerates to world’s lowest

The average birth rate in South Korea dropped to a fresh low of 0.84 last year, the world’s lowest, which population experts said will unlikel...

CVC, TPG, MBK, Affinity Equity in final bidding for JobKorea

CVC, TPG, MBK, Affinity Equity in final bidding for JobKorea

Local and foreign private equity firms are among the final bidders for the entire stake of South Korea’s top recruitment portal JobKorea &ndas...

Founder of Korea’s top delivery app Baemin to donate over half his wealth

Founder of Korea’s top delivery app Baemin to donate over half his wealth

Kim Bong-jin, founder of South Korea’s top food delivery app Baedal Minjok, or Baemin in short, has committed to donating more than half of hi...

Korea’s EV battery trio controls half of global market ex-China

Korea’s EV battery trio controls half of global market ex-China

South Korea’s LG Energy Solution Ltd. and two other major domestic electric vehicle battery makers have grown significantly, controlling more ...

Korea’s InfoPLUS sees growth potential in Vietnam’s fintech platform

Korea’s InfoPLUS sees growth potential in Vietnam’s fintech platform

Mirroring the other fast-growing economies in Southeast Asia, Vietnam is rapidly transitioning into a cashless society, with financial transactions ...

Korea’s Optrontec eyes growth in optical lens sales as EVs take off

Korea’s Optrontec eyes growth in optical lens sales as EVs take off

Optrontec Inc., a small South Korean manufacturer and provider of optical filters, lenses and three-dimensional sensing technology, has been ramping...

Korean REIT backed by Amazon’s Japan warehouse eyes $280 mn IPO

Korean REIT backed by Amazon’s Japan warehouse eyes $280 mn IPO

A South Korean real estate investment trust (REIT) backed by Amazon’s largest logistics center in Japan and an office complex in Seoul is plan...

South Korea claims top spot in 2020 global shipbuilding orders

South Korea claims top spot in 2020 global shipbuilding orders

South Korean shipbuilders won the most shipbuilding orders worldwide in 2020, overtaking China and claiming the lead in the global shipbuilding indust...

Korea Post names new CIOs of savings, insurance arms

Korea Post names new CIOs of savings, insurance arms

Korea Post has appointed new chief investments officers of both its savings and insurance units, in an internal reshuffle of senior managers at the ...

Renault vows action if Korean unit fails to improve productivity, cut costs

Renault vows action if Korean unit fails to improve productivity, cut costs

French auto giant Groupe Renault has warned of stern action against its struggling South Korean unit, urging it to improve productivity and cut cost...

GM Korea to cut production; carmakers call for govt action

GM Korea to cut production; carmakers call for govt action

The South Korean arm of General Motors Co. has become the country’s first automaker forced to cut production due to the global semiconductor c...

Korea to lift short-selling ban on large stocks; retail investors resist

Korea to lift short-selling ban on large stocks; retail investors resist

South Korea’s financial regulator has decided to allow the short selling of large-cap stocks from May 3 despite opposition from retail investo...

Retail investors test Celltrion, HLB shares as Korea’s GameStop

Retail investors test Celltrion, HLB shares as Korea’s GameStop

Celltrion Inc. and HLB Inc., two leading South Korean biopharmaceutical shares, shot up on Monday as the main bourse’s key index climbed back ...

Korea’s top online flea market set to raise $180 mn in funding

Korea’s top online flea market set to raise $180 mn in funding

Danggeun Market Inc., South Korea’s largest online flea market operator, is poised to raise up to 200 billion won ($180 million) in fresh fund...

S.Korea's short-selling ban may face second extension; longest to date

S.Korea's short-selling ban may face second extension; longest to date

South Korea’s financial authorities and the ruling Democratic Party are likely to extend the country's ban on short selling for another three ...

IMF official warns against S.Korea’s short-sale ban

IMF official warns against S.Korea’s short-sale ban

A senior official of the International Monetary Fund (IMF) on Thursday warned against the extended ban on stock short selling in South Korea, saying...

Korea posts worst economic contraction since 1998; down 1%

Korea posts worst economic contraction since 1998; down 1%

South Korea’s economic growth rate dropped by 1 percent last year, its worst performance since the 1998 Asian financial crisis when the coun...

GM Korea to curb production as global chip shortages worsen

GM Korea to curb production as global chip shortages worsen

GM Korea Co., a subsidiary of US auto giant General Motors Co., is slashing production rates due to a component supply disruption, the latest sign t...

S.Korea's online fashion platform eyes global expansion

S.Korea's online fashion platform eyes global expansion

Online fashion platform Musinsa Co., a familiar name among Gen Zers and millennials in South Korea, is ready to go global. This month, the Korean co...

S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs Kia to make, sell China-launched EV5 in Korea to keep top spot