Steel stocks rally on iron ore price falls, Q3 outlook
Shares in South Korean steelmakers rose sharply in active trade on Tuesday, on the prospect that the declining iron ore price and Chinese rivals' ou...
Samsung sells $1.3 bn stake in China’s BYD, keeps watchers puzzled
Samsung Electronics Co. has sold a 1.6% stake worth 1.5 trillion won ($1.3 billion) in Chinese electric vehicle and rechargeable battery maker BYD C...
Permira targets growth firms in high valuation markets
London-based private equity firm Permira will maintain its focus on high-quality companies and sector leaders with strong growth potential as valuat...
LG Energy Solution, SK Innovation raise global battery market shares
LG Energy Solution Ltd. and SK Innovation Co. expanded global battery market shares, leading steady growth in South Korea’s battery industry.S...
Hyundai Motor, Motional unveil IONIQ 5 self-driving robotaxi
South Korea’s top automaker Hyundai Motor Co. and its US mobility joint venture Motional Inc. on Tuesday unveiled their first autonomous robot...
POSCO Chemical to expand EV battery materials capacity in China
South Korea’s POSCO Chemical is set to bolster production capacity of electric vehicle battery materials in China, the world’s top batte...
KT makes partial exit from travel platform Yanolja
South Korea’s telecom giant KT Corp. has made a partial exit from the country’s largest travel platform Yanolja, which is eyeing a US IP...
Rising copper prices help Poongsan, hit LS-Nikko
Rising copper prices on a global economic recovery helped a South Korean non-ferrous metal product maker Poongsan Corporation improve its earnings, ...
OTT startup Watcha expands into music distribution service
South Korea-based over-the-top (OTT) startup Watcha Inc. is ramping up efforts to transform into a comprehensive content data company as it expands ...
Overseas crypto exchanges end Korean services ahead of rule tightening
Overseas cryptocurrency exchanges are ending their Korean services, including language support as well as trading and payments in Korean won, as Sou...
Passing China, S.Korean shipbuilders hold top spot for three months
South Korea’s shipbuilding industry has maintained the top position worldwide in new orders for three straight months up to July.According to ...
Samsung’s new foldables: Game changer in smartphones
Samsung Electronics Co. on Wednesday announced new additions to its high-end line of Galaxy Z Fold and Z Flip phones, in hopes that the new 5G-enabl...
S.Korean telcos accelerate diversification amid strong Q2
South Korea’s two largest telecom companies, SK Telecom Co. and KT Corp., have both delivered strong second-quarter results driven by rapid gr...
Hyundai Heavy to reposition as tech platform for vessels
Hyundai Heavy Industries Group is making big steps forward to transform itself as a platform business in the global shipbuilding sector. According t...
LG Chem to power China battery plants with 100% renewable energy
South Korea’s LG Chem Ltd. says it is powering its two battery component plants in China with 100% renewable energy purchased from Chinese p...
MBK sees new opportunities in China's regulatory risk
China's regulatory crackdown on Chinese technology and private education companies is driving up the level of volatility and creating mispricing in ...
Kakao to strengthen subscription services after Q2 results
Kakao Corp. this year has reported the highest second-quarter earnings in company history.Its regulatory filing on Aug. 6 posted an operating profit...
Yanolja CIO says its AI vision played key role in SoftBank investment
Korean travel startup Yanolja’s Chief Investment Officer said that artificial intelligence (AI) was the keyword that played a decisive role in...
Krafton IPO draws lukewarm demand from retail investors
Korea’s major game developer Krafton Inc’s much-anticipated IPO subscription has closed by only drawing a muted response from investors....
China's top travel agency to join bid for Korea's online retail platform
China’s leading online travel agency (OTA) Trip.com will be joining the race to acquire South Korea’s online retail platform Interpark C...
Korea’s steel stocks make big rebound with rosy H2 outlook
The share prices of South Korea’s major steelmakers, which observed a period of a downturn over the last two months, is making a rebound amid ...
SK, China's Joyvio to launch $90 mn alternative food fund
SK Inc., the investment arm of South Korea's SK Group, will launch a 100 billion won ($90 million) fund jointly with Joyvio Group, a unit of Chinese...
Hyundai-sponsored archers reign supreme with 9th-straight gold in Tokyo
Chung Euisun, Hyundai Motor Group Chairman and chair of the Korea Archery Association (KAA), was captured on TV July 25, watching the women’s ...
Bid for botox maker Hugel to kick off in late July, attracts PEFs
The bid to acquire a controlling stake in Hugel Inc., South Korea’s leading maker of botulinum toxin, more commonly known as botox, from US pr...
China, S.Korea top BofA's emerging markets list
South Korea was picked as one of the two most attractive emerging markets along with China thanks to the country's fast digitization and low vulnera...
Sandbox Network sets up China affiliate for business expansion
South Korea’s largest multichannel network (MCN) company Sandbox Network Inc. has made another major step forward in expanding its China busin...
Masayoshi Son's top pick Yanolja eyes 2023 Nasdaq listing
South Korea's largest travel platform Yanolja has raised 2 trillion won ($1.7 billion) from the Masayoshi Son-led SoftBank Vision Fund II, marking t...
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...
SAMG animation hits No.1 in China, LatAm; eyes 2022 IPO
South Korea-based 3D animation company SAMG Entertainment Co. is enjoying great success in China and Latin America thanks to its animation series' p...
Woowa Brothers launches last-mile indoor food delivery robot in Seoul
Woowa Brothers Corp., South Korea’s top food delivery app operator, has launched a last-mile indoor robot food delivery service, as people inc...
