Chinese investors enjoy bitcoin arbitrage gains on Kimchi Premium

Chinese investors trading in digital assets such as bitcoin are reaping decent arbitrage gains in South Korea as the so-called Kimchi Premium has re...

SK Hynix ponders fate of Kioxia stake after bids by Micron, WDC

The reported bids to buy Japanese chipmaker Kioxia Holdings Corp. by Micron Technology Inc. and Western Digital Corp. is raising market chatter over...

Chinese PE firm pays $1.4 bn to take over Magnachip Semiconductor

South Korean chipmaker Magnachip Semiconductor Corp. announced on Mar. 27 that it has entered into a definitive agreement to be acquired by China-ba...

Samsung widens lead over rivals with industry’s first advanced DDR5

Samsung Electronics Co. has extended its lead in memory chips over its rivals by unveiling the industry’s first 512 gigabyte DDR5 module based...

Shinsegae, Naver ink $221 mn share swap to rival Coupang in e-commerce

South Korea’s retail giant Shinsegae Group and top portal operator Naver Corp. have agreed to a 250 billion won ($221 million) share swap to s...

Coupang rival Market Kurly also eyes US IPO in 2021

Following the successful IPO debut of South Korea’s e-commerce giant Coupang Corp., its smaller, premium local rival Market Kurly is also cons...

SK Group to sell stake in petrochemical arm; seeks global partnership

South Korea’s third-largest conglomerate SK Group is eyeing a joint venture with a global petrochemical firm as part of the group’s stra...

Seoul shares tipped to benefit from global indices' China exclusions

Global index providers' recent decisions to remove Chinese companies from their benchmarks are expected to draw additional global and institutional ...

KDB backs $100 mn SE Asia fund of Korean, Chinese VC firms

South Korean venture capital firm SV Investment Corp, together with China’s Shenzhen Capital Group, will raise $100 million in the Korean VC's...

Kakao, Tencent join forces to tackle Chinese market

South Korea’s leading platform giant Kakao Corp. has joined hands with China’s tech giant Tencent Holdings Ltd. to tap into the Chinese ...

Korean medical robot opens a new era of neurosurgery in large hospitals

South Korea’s first neurosurgery robot, developed by 3D inspection device maker Koh Young Technology Inc., is ready to join the medical robot ma...

Korean Air to buy rival Asiana in $1.6 bn deal to emerge as world’s 7th airline

Korean Air Lines Co. will spend 1.8 trillion won ($1.6 billion) to own a majority stake in beleaguered local rival Asiana Airlines Inc., in a deal t...

Parent of Korean Air seeks to buy rival Asiana Airlines

Hanjin Group, which owns South Korea’s flag-carrier Korean Air Lines Co., is seeking to buy local rival Asiana Airlines Inc., signaling a mega d...

Korean startup to rival Dolby in unconquered 3D audio market

Gaudio Lab Inc., backed by SoftBank Ventures, is throwing down the gauntlet to Dolby Laboratories for the three-dimensional (3D) audio market, for whi...

Global petrochem supply glut divides Korea’s winners, losers

The global petrochemical market is grappling with oversupply amid weak demand in the pandemic era, creating a clear divide between winners and losers ...

Hyundai Corp to rival China's CRCC in bid for $18 bn Ukrainian infra deal

South Korea’s trading company Hyundai Corporation will face China’s Railway Construction Corporate (CRCC) in a bid to secure an $18 billio...

SK, KTCU see gains from Chinese startup’s Nasdaq IPO

SK Group and the Korean Teachers’ Credit Union (KTCU) may walk away with handsome gains from their joint investment of 360 billion won ($314 mil...

Korean mobile game developer buys out German rival

South Korean mobile game developer Com2uS Corp. has acquired a German gaming rival in its first cross-over buyout, in a move to bolster its sports gam...

CJ Logistics, NPS eye sell-off of Chinese logistics unit

South Korea’s leading logistics firm CJ Logistics Corp. and the National Pension Service have reached out to logistics companies and global priv...

CJ Logistics, NPS eyeing to sell Chinese logistics unit

South Korea’s leading logistics firm CJ Logistics Corp. and the National Pension Service have reached out to logistics companies and global priv...

CJ Logistics, NPS eye sell-off of Chinese logistics unit

South Korea’s leading logistics firm CJ Logistics Corp. and the National Pension Service have reached out to logistics companies and global priv...

S. Korea's Kakao Work to rival Slack, messenger platform apps

Kakao Enterprise Corp., the artificial intelligence service unit of South Korea’s Kakao Corp., has launched a business messenger platform to com...

Korean display makers poised to suffer from US ban on Chinese app WeChat

Korea’s two largest display panel makers – Samsung Display Co. and LG Display Co. – are widely expected to suffer from the US ban on...

Korean battery makers take charge in global EV market outperforming rivals

South Korean battery makers LG Chem Ltd., Samsung SDI Co., and SK Innovation Co. are steaming ahead in the global electric vehicle market pulling in a...

Korean Air, Asiana log earnings surprises on cargo flights as global rivals record losses

Korean Air Lines Co. and Asiana Airlines Inc. have bucked the global trend of the devastating aviation industry and made rare quarterly profits, as th...

NH Investment beats Korean rival in a bold bet on $400 mn Aussie-NZ infra portfolio

A consortium led by NH Investment & Securities Co. Ltd. has been named as a preferred buyer for infrastructure assets worth $400 million in Austra...

SK Group, Hillhouse Capital to form $850 mn fund to invest in Chinese start-ups

SK Group will set up a 1 trillion won ($850 million) fund with China’s private equity firm Hillhouse Capital Group to invest in Chinese start-up...

Samsung Life taps Europe, Chinese investors to sell London building

Samsung Life Insurance Co. Ltd. is sounding out potential buyers in Europe and China for the London headquarters building of Commerzbank AG, 30 Gresha...

Two Korean firms on NASA building deal as local rival steps aside: report

A consortium of Korea Investment & Securities Co. Ltd. and Hana Asset Management Co. Ltd. was recently picked as a new preferred negotiator of the...

ABCP issues backed by Chinese bank deposits seen to top corporate bond sales in Korea

South Korean pension and savings funds are piling into short-term notes backed by time deposits at Chinese banks, lured by higher deposit rates from C...