China power crisis, US tightening chill sentiment on Korea IT sector
Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...
Korea property startup Kasa to launch exchange in Singapore
Kasa Korea Co., a property investment platform, is set to expand its services to help global users invest in real estate in the world by obtaining l...
Korean military fund targets medium-risk global assets
The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is chasing medium-risk, medium-return assets in developed markets with a...
Carbon neutrality reshapes global commodity markets
Global moves for carbon neutrality are reshaping commodity markets around the world. Iron ore prices have tumbled, while steel scrap prices have soa...
NPS, Hines ink $2.5 bn US redevelopment project
South Korea's National Pension Service (NPS) and Hines have jointly acquired the headquarters complex of Pacific Gas & Electric Company (PG&...
HiteJinro's fruit-flavored soju bedazzles Chinese MZers
South Korea’s leading soju maker HiteJinro Co. has captivated China with its fruit-flavored soju products, gaining much popularity among local...
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...
Korean proptech startup RSquare enters Southeast Asia
South Korea’s online property platform RSquare aims Southeast Asian commercial real estate markets starting from Vietnam.RSquare said on Sept....
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...
Samsung SDI tops LG Chem in market cap amid GM recall crisis
Samsung SDI Co. has become South Korea’s top battery maker in terms of market capitalization. The company is now ranked as the sixth-largest f...
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...
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, ...
Experts cast doubt on S.Korea’s $2 bn currency swap deal with Turkey
South Korea and Turkey have signed a $2 billion currency swap agreement to boost bilateral trade and strengthen cooperation in the financial sector,...
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...
Seoul property prices rise at world's fastest rate
The commercial real estate market in Seoul saw the fastest rate of price growth among all the gateway cities in the world over the past 12 months, w...
Samsung shares struggle as big strategic decisions still await Lee
Shares of Samsung Electronics Co. have been trapped in a boxed range since the start of the year, dashing retail investors’ hope that the tech...
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 ...
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....
POBA commits €80 mn to AXA's life science property fund
South Korea's Public Officials Benefit Association (POBA) has committed €80 million ($95 million) to AXA Investment Managers' fund, which recen...
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...
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...
Korea Inc. rush to sell property, new shares to fund new business
South Korea’s major companies are rushing to secure cash to fund new business. Some have sold or securitized property, while others issued n...
Korean funds weigh overseas real estate exits in H2
Domestic office buildings and logistics centers dominated South Korean institutions' property transactions in the first half of this year, with fier...
