Social casino game maker DoubleDown Interactive resumes US IPO process

DoubleDown Interactive LLC, a subsidiary of DoubleUGames Co., has resumed the process to go public on Nasdaq after more than a year has passed from ...

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...

Samsung Elec, SK Hynix shares jump alongside US peers

Samsung Electronics Co. and SK Hynix sharply rose on Aug. 24 after suffering a continuous sell-off. The Philadelphia Semiconductor Index gained for ...

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, ...

US may return to low rates after modest inflation

The rising inflationary risk in the US, fueled by strong recovery from the pandemic-induced slowdown, is likely to be short-lived and modest, and in...

SK E&S gears up for more US renewable energy investment'

SK E&S Co, South Korea’s top city gas supplier, is preparing for additional investment in the US renewable energy sector. The move is to e...

Hana to underwrite $65 mn ESG bonds on US rail funding

South Korea's Hana Financial Investment Co. is set to underwrite 75 billion won ($65 million) worth of senior bonds linked to environmental, social ...

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 ...

Korean investors rush to buy Vietnam stocks

South Korean investors are rushing to buy Vietnamese stocks as the market is showing signs of a recovery. Analysts predicted export-oriented shares ...

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...

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 ...

Global carmakers to speed up EV push as governments pressure harder

US and European governments are pressing harder with tough regulations to expand electric vehicles (EV) adoption for cutting emission. Global automa...

SK Hynix to set up US NAND firm led by Intel’s senior vice president

SK Hynix that took over Intel Corp.’s NAND memory chip business plans to set up a new company in the United States. Intel’s senior vice ...

Hyundai quadruples sales of eco-friendly cars in US

Hyundai Motor Co. has sold more than four times of eco-friendly cars in the US compared to last year. The company said on Aug. 5 that the number of ...

Naver Financial, SoftBank invest $25 mn in blockchain startup TBCASoft

South Korea-based Naver Financial, the fintech arm of online giant Naver Corp., has invested $20 million in a Series B funding round for the US-base...

Hyundai, Kia US sales slower despite strong growth

Hyundai Motor Group reported a near 30% rise in US sales last month, but the growth is decelerating as the world’s second-largest automobile m...

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 ...

Samsung SDI to build EV battery plant in US

Samsung SDI Co. plans to set up an electric vehicle (EV) battery plant in the US, joining South Korean battery producers’ move to gain ground ...

Oshkosh-Hanwha consortium named bidder for design of US Army vehicle

A consortium led by Oshkosh Defense and Hanwha Defense Co. has been named a contender for the design of a US Army war vehicle that will replace...

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...

Hanwha Defense chosen as contender for design of US Army war vehicle

Hanwha Defense Co. has been named a contender for the design of a US Army war vehicle that will replace around 3,500 M2 Bradley vehicles that have b...

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...

Kookmin Bank to co-finance $840 mn US solar project

Kookmin Bank, South Korea's largest lender, will provide a $100 million loan to finance a solar power project led by US-based investment firm ECP as...

Korean drugmakers race to release Stelara biosimilars

South Korea’s major drugmakers such as Celltrion Inc., Samsung Bioepis and Dong-A St are going for broke to release biosimilars of Stelara, Jo...

SK Materials’ shares fly high on rosy business outlook

Shares of SK Materials Co., the industrial gas manufacturing affiliate of South Korea’s SK Group, are hovering around all-time high levels ami...