Sulbing opens 1st US store in California in March next year
South Korean dessert café Sulbing said on Friday that it signed a new master franchise contract to declare its entry into the US market and a...
Korea cryptocurrency WEMIX to be delisted on court ruling
WEMIX, a South Korean cryptocurrency issued by WeMade Co., will be delisted on Thursday after a court ruled in favor of four local crypto exchanges’ d...
BKT thrives as lone Korean wastewater treatment provider in US
South Korean water treatment provider Bukang Tech(BKT) on Wednesday said it earned a contract to build a wastewater treatment facility in the US sta...
Taihan Cable wins $24 million deal to build power grid in California
Taihan Cable & Solution Co., a South Korean electric wire maker, said on Wednesday it has won a $24 million deal to build a power grid in the US...
Yoon courts lost decade for Korean women
People can debate what it means for the government of a top-12 economy to be “anti-feminist.” There is no question, though, that President...
Bitcoin is not money: South Korean court
A South Korean court judged that Bitcoin, the world’s leading virtual currency, is not money and therefore the cryptocurrency is not subject t...
Court clears way for Hahn & Co.'s Namyang Dairy deal
Seoul-based private equity firm Hahn & Co. has won a legal battle against South Korea’s Namyang Dairy Products Co.’s owner family, w...
Shareholder activism gathers momentum in South Korea
Institutional investors gathered momentum for shareholder activism in South Korea not only to boost their values but also to improve corporate gover...
Terraform Labs co-founder Do Kwon faces arrest warrant in South Korea
A South Korean court issued an arrest warrant to Terraform Labs co-founder Do Kwon, a cryptocurrency ecosystem that imploded earlier this year. ...
Korea's Hyundai E&C to build smart green city in Vietnam
Hyundai Engineering & Construction Co. is poised to become the first South Korean company to join Vietnam’s green smart city development p...
SK Group set to buy landmark Seoul building for about $500 mn
South Korea’s second-largest conglomerate SK Group will be buying a landmark office building in a central business district of Seoul for aroun...
Washington D.C. recognizes Korea as origin of kimchi
Washington D.C. has joined the three US states of California, Virginia and New York to designate Nov. 22 “Kimchi Day,” and has acknowled...
Terra founder Do Kwon vows to communicate proactively with press
Terraform Labs' founder and CEO Do Kwon has reemerged on Twitter, after making his account private for a couple of days. Two weeks after Terra&...
LG Energy completes LFP battery development for Tesla
South Korea’s LG Energy Solution Ltd., the world’s No. 2 battery producer, boosted its muscle to court industry leader China’s Con...
NH-Amundi sells Yuanta's Seoul office to Capstone for $242 bn
South Korea’s NH-Amundi Asset Management Co. said on Monday that it completed selling Yuanta Securities Co.’s Korean headquarters to C...
SK Ecoplant's pre-IPO enjoys attention from wealthy individuals
The pre-initial public offering of SK Ecoplant Co., formerly known as SK Engineering & Construction Co., is becoming a hot topic in private bank...
Offices in Gangnam attract global investors amid market volatility
South Korean and overseas institutional investors are eyeing offices in Gangnam District, Seoul, amid concerns over inflation and market volatilit...
KAIST Holdings to open US offices with $8.4 bn value in mind
The Korea Advanced Institute of Science and Technology (KAIST) on Tuesday announced the blueprint to strengthen its foothold in the United States an...
Seoul court upholds Affinity's Kyobo Life valuation
A South Korean court on Thursday ruled in favor of Affinity Equity-led financial investors (FIs) in Kyobo Life Insurance Co., rejecting Kyobo's clai...
Hyundai Motor launches robotaxi service in upscale Gangnam district
City governments, automakers, and tech giants are leading the adoption of robotaxis in major cities throughout South Korea. The Ministry of Lan...
Hyundai Motor launches robotaxi service in upscale Gangnam district
City governments, automakers, and tech giants are leading the adoption of robotaxis in major cities throughout South Korea. The Ministry of L...
Korea’s GS E&C to export hydrogen plant modules to US
GS Engineering & Construction Co. will export hydrogen plant modules to the US, becoming the first South Korean builder for such overseas sales....
Hana jointly acquires Boston-based multifamily for $262 mn
Hana Alternative Assets Management Co. and a US asset manager acquired a tower of luxury multifamily housing assets in Seaport Boulevard, Bost...
Edison Motors and Ssangyong Motor ink takeover deal
Ssangyong Motor Co. has finally found a new owner. South Korea’s bankruptcy court approved Ssangyong Motor Co. and electric carmaker Edison Mo...
POBA, CalSTRS invest $40 mn in California multifamily assets
South Korea’s pension fund Public Officials Benefit Association (POBA) and US retirement fund The California State Teachers’ Retiremen...
Namyang top shareholder barred from casting vote at general meeting
Namyang Dairy Products Co.'s top shareholder and Chairman Hong Won-sik will be barred from exercising his shareholder rights at the company's genera...
Tesco ordered to return $160 mn to MBK over Homeplus deal
Tesco Plc, the UK's largest retailer, was recently ordered by an international arbitration court to return £119 million ($163 million) to MBK ...
Korean Tiger Alternative, NH Investment buy California homes
South Korea’s Tiger Alternative Investors Co. Ltd. and NH Investment & Securities bought multifamily homes in California for $220 million ...
Korean startup closer to winning Touch ID patent dispute with Apple
South Korea's Firstface Co. has inched a step closer to winning its patent dispute against Apple Inc., after a US federal appeals court ruled in fav...
California to deploy 30 Hyundai hydrogen trucks for public projects
Hyundai Motor Co.’s XCIENT hydrogen fuel cell trucks will be running the roads of California as part of two publicly funded projects to improv...
