Competitiveness Restoration Plan

South Korea's over-the-top (OTT) service Wavve will invest a total of 1 trillion won ($885 million) to produce original content by 2025 to gain more...

MBK Partners is the only financial bidder for eBay Korea, the wholly-owned unit of the US online retailer, which has drawn top Korean retailers, the...

Intel Corp.’s announcement on Tuesday that it will significantly expand its advanced chip manufacturing capacity and jump into the foundry bus...

South Korean games developer Krafton Inc., 13.2% owned by Tencent Holdings’ investment arm, plans a five-for-one share split ahead of its plan...

Proxy advisers Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. have urged shareholders of LG Corp. to vote against the South...

US-based hedge fund Whitebox Advisors LLC plans to vote against the proposed spin-off of South Korea’s LG Corp. at the upcoming general meetin...

Google Inc., the operator of the world’s largest streaming platform YouTube, has entered the growing local online concert scene, heralding fie...

Naver Corp., South Korea’s top online portal, plans a bond issue worth as much as 1.26 trillion won ($1.13 billion) in local and ove...

South Korea-based Hyundai Heavy Industries Co. is planning a trading debut this year, with the proceeds marked for future growth engines to power th...

South Korean game publisher NCSoft Corp. is fueling competition in the online entertainment platform market with the planned launch of its own app, ...

Samsung Electronics Co. and SK Hynix Inc. are unveiling a series of new solid-state drives (SSDs) to grab a greater share of the intensifying global...

The South Korean government will inject 1 trillion won ($924 million) into homegrown venture capital funds this year, with a plan to launch three VC...

South Korea’s e-commerce giant Coupang Corp. has thrown down the gauntlet to compete against Netflix Inc. and other local streaming service pr...

42dot, a South Korea-based autonomous driving startup, plans to launch a Level 4 self-driving service in some areas of Seoul next year.The company s...

Whitebox Advisors LLC, a US-based hedge fund, opposes a planned spin-off by South Korea’s LG Corp., saying the plan sacrifices minority shareh...

SK Hynix Inc. has developed 176-layer NAND flash memory, the industry’s highest-density chip, following in the footsteps of Micron Technology ...

Megabox JoongAng Co., the third-largest cinema chain in South Korea, will forego plans to go public owing to the global coronavirus crisis that has de...

SAP, a German enterprise software giant, is expected to heat up competition in South Korea's cloud market as it unveils plans to build a data center i...

LG Chem Ltd. shareholders have approved the South Korean chemical maker’s plan to hive off its battery business, paving the way for the standalo...

Lotte Group has indefinitely postponed its plan to list Lotte Rental Co., in the latest sign of a cooldown in the local initial public offering market...

Korea Post’s insurance arm is planning to select two asset management companies for around 100 billion won ($87.4 million) in US fixed-income in...

Korea Post’s insurance arm is looking for one or two real estate debt managers to invest $200 million in mezzanine debt, for which it is plannin...

Meritz Securities Co. Ltd. has acquired Brussels’ largest building for 1.4 billion euros ($1.6 billion) in the single biggest property deal in B...

Korea Post’s savings arm plans to select two global real estate managers to invest $200 million, or 200 million euros, in the housing market in the US...

Korea Post’s savings arm plans to invest around $300 million in mezzanine tranches on commercial properties in the US and other developed countries in...

Mirae Asset Daewoo Co. Ltd. plans to raise more than $500 million in a global bond issuance early next month to fund its global investments, after ann...

Korea Post’s savings arm will select two global private equity funds to invest around $200 million in private equity secondary markets, according to i...

Korea Post plans to allocate $200 million to two distressed commingled funds for target returns of 8% or above, according to its request for proposal ...

DRC Capital, a London-based debt investment advisor, plans to launch a European whole loan fund by mid-2019, in a follow-up to its UK whole loan fund ...

Abu Dhabi Investment Authority (ADIA) will put a 14-story office building in Seoul up for sale, in a deal expected to fetch between 550 billion and 60...