Hana Bank, Vietnam’s BIDV to expand cross-border QR payment services under strategic partnership

Hana Bank, Vietnam’s BIDV to expand cross-border QR payment services under strategic partnership

Hana Bank, one of South Korea’s leading lenders, said on Wednesday that it has signed an agreement with Vietnam's largest state-owned commerci...

Samsung to set up chip packaging R&D center in Yokohama, raise stakes vs TSMC

Samsung to set up chip packaging R&D center in Yokohama, raise stakes vs TSMC

Samsung Electronics Co. will set up an advanced chip packaging research and development center in Yokohama, Japan with an investment of 25 billion y...

LG CNS to build AI data center in Vietnam, accelerating Southeast Asia push

LG CNS to build AI data center in Vietnam, accelerating Southeast Asia push

LG CNS Co. will build a hyperscale artificial intelligence data center for Vietnam’s state-run telecom giant Vietnam Posts and Telecommunicati...

Kayne Anderson sees strategic opportunity in resilient, needs-based real estate sectors

Kayne Anderson sees strategic opportunity in resilient, needs-based real estate sectors

Despite an uncertain economic landscape, Kayne Anderson Real Estate, the real estate investment arm of Kayne Anderson, is doubling down on what it d...

LG Chem sells dermal filler business to VIG Partners for $144 mn

LG Chem sells dermal filler business to VIG Partners for $144 mn

South Korea’s leading chemical company LG Chem Ltd. has agreed to sell its dermal filler business to the country’s major buyout fund VIG...

LG CNS to build AI data center in Indonesia, first for Korean firm

LG CNS to build AI data center in Indonesia, first for Korean firm

LG CNS Co., the information technology services unit of South Korea’s LG Group, has bagged a deal to build an artificial intelligence-ready da...

SK Innovation to Merge SK On and SK Enmove to Strengthen Battery Unit

SK Innovation is betting big on an internal reshuffle to turn things around for its struggling battery business.The South Korean energy and chemicals ...

Korea Investment & Securities, Muzinich & Co. explore strategic partnership on global credit portfolio

Korea Investment & Securities, Muzinich & Co. explore strategic partnership on global credit portfolio

Korea Investment & Securities Co. (KIS), the brokerage unit of Korea Investment Holding Co., is exploring a strategic partnership with US privat...

Olive Young, a must-stop for foreign visitors to South Korea

Olive Young, a must-stop for foreign visitors to South Korea

For many foreign visitors to South Korea, a trip to the beauty retailer Olive Young is as essential as sampling kimchi or touring Gyeongbokgung Pala...

Maru SF to open in Silicon Valley in November as Korean startup gateway

Maru SF to open in Silicon Valley in November as Korean startup gateway

Maru SF, a startup campus and networking hub operated by the Asan Nanum Foundation, will open in Silicon Valley this November, marking the organizat...

Mercedes opens world’s 1st Maybach flagship center in Seoul

Mercedes opens world’s 1st Maybach flagship center in Seoul

Mercedes-Benz Group on Monday opened the world’s first Maybach Brand Center in Seoul, its largest-ever dealership dedicated to the ultra-luxur...

South Korean airlines bank on China routes for profit recovery

South Korean airlines bank on China routes for profit recovery

South Korean airlines are ramping up international routes, particularly to China, Japan and Southeast Asian countries, in a bid to boost profitabili...

K Shipbuilding up for sale as Korean shipyards ride new boom

K Shipbuilding up for sale as Korean shipyards ride new boom

K Shipbuilding Co., a mid-tier South Korean shipbuilder, will be put on the market this month after a strong turnaround. The deal, estimated at 500 ...

Korea Investment & Securities, Capital Group eye product launch in Korea

Korea Investment & Securities, Capital Group eye product launch in Korea

Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., is exploring new offshore funds for individual investors in co...

Calls grow for stronger LP oversight in national strategic asset M&As

Calls grow for stronger LP oversight  in national strategic asset M&As

MBK Partners’ takeover attempt of Korea Zinc Inc. has exposed the vulnerability of national strategic assets to private equity ownership, posi...

LG CNS forms strategic partnership with robotics startup Skild AI

LG CNS forms strategic partnership with robotics startup Skild AI

LG CNS Co., the information technology service arm of LG Group, said on Tuesday it has formed a strategic partnership with Skild AI to develop AI-dr...

SK, AWS to build South Korea’s largest, multibillion-dollar AI data center

SK, AWS to build South Korea’s largest, multibillion-dollar AI data center

South Korea’s second-largest conglomerate SK and Amazon Web Services Inc. (AWS), the world's largest cloud platform provider, will build a 103...

President Lee: Businesses at center of policy priorities for economic growth

President Lee: Businesses at center of policy priorities for economic growth

South Korean President Lee Jae-myung on Friday pledged strong government support for the country’s businesses, while emphasizing the need for ...

Koramco targets $7 bn bet on Korea data centers

Koramco targets $7 bn bet on Korea data centers

Koramco Asset Management Co., South Korea’s leading real estate investment firm, plans to invest 10 trillion won ($7 billion) in domestic data...

Lee vows policy overhaul to spur dividend payouts

Lee vows policy overhaul to spur dividend payouts

South Korean President Lee Jae-myung said on Wednesday that the government is preparing tax and regulatory reforms to spur dividend payouts as part ...

GIC resumes Seoul Finance Center sale in major Korean property deal

GIC resumes Seoul Finance Center sale in major Korean property deal

Singapore’s sovereign wealth fund GIC is resuming the sale of Seoul Finance Center, a landmark office tower in Seoul's central business distri...

Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet

Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet

Naver Ventures, the first dedicated Silicon Valley venture capital arm of Naver Corp., has made its debut investment in Nvidia Corp.-backed TwelveLa...

Baby Shark video creator files for Kosdaq IPO

Baby Shark video creator files for Kosdaq IPO

The Pinkfong Company Inc., the creator of the billion-view video Baby Shark, has launched the process of an initial public offering on South Korea&r...

Cushman & Wakefield, Avison Young to lead Orange Center sale in Seoul

Cushman & Wakefield, Avison Young to lead Orange Center sale in Seoul

Cushman & Wakefield and Avison Young have been appointed to oversee the sale of Orange Center, a prime office tower in Seoul’s central bus...

OpenAI sets up entity in Korea with most paid ChatGPT users outside US

OpenAI sets up entity in Korea with most paid ChatGPT users outside US

OpenAI Inc., the creator of generative AI ChatGPT, has established a legal entity in South Korea, which has the largest number of paying ChatGPT sub...

Shinsegae, Ascent Equity Partners weigh acquisition of C&C International

Shinsegae, Ascent Equity Partners weigh acquisition of C&C International

South Korean retail giant Shinsegae Group is seeking to acquire local color cosmetics manufacturer C&C International Co. in partnership with pri...

Samsung Biologics to spin off biosimilar unit Samsung Bioepis

Samsung Biologics to spin off biosimilar unit Samsung Bioepis

Samsung Biologics Co., the world’s largest contract drugmaker, will undergo a strategic split to separate its contract development and manufac...

KIC bets on Asian real estate; eyes residential, data centers

KIC bets on Asian real estate; eyes residential, data centers

The Korea Investment Corporation (KIC) is zeroing in on Asia’s real estate market by region, while targeting residential facilities and data c...

Shinhan Securities acquires stake in Vietnam’s top trading platform FireAnt

Shinhan Securities acquires stake in Vietnam’s top trading platform FireAnt

Shinhan Securities Co., a leading South Korean brokerage house, has acquired a strategic equity stake in FireAnt, Vietnam’s largest retail tra...

Samsung bets on data center HVAC with $1.7 bn FläktGroup acquisition

Samsung bets on data center HVAC with $1.7 bn FläktGroup acquisition

Samsung Electronics Co. on Wednesday announced the acquisition of FläktGroup, a German manufacturer of heating, ventilation and air conditionin...

Netmarble’s Vampir sinks fangs into App Store’s No. 1 slot at launch Signing pen at summit turns into surprise gift to Trump’s taste; golf putter a bonus KPop Demon Hunters tops Netflix’s all-time movie ranking, on track to surpass Squid Game Lee, Trump end first summit on cordial note, but questions remain Hyundai Motor Group launchs 1st EV-only production lines in Europe